Mexus Gold US (OTCQB:MXSG) is a company engaged in the evaluation,
acquisition, exploration, development and production of mining
properties and conducts salvage operations for the recovery of
precious metals.
MEXUS TRINIDAD JOINT VENTURE UPDATE
Mexus Trinidad, association operated by Mexus Enterprises S.A.
de C.V. has begun its operations on the joint venture properties in
the State of Sonora, Mexico. The first objective was to establish
the details of the new organization of the two companies Mexus
Enterprises S.A. de C.V. and Trinidad Pacifica S. de R.L. de C.V.
the company which currently owns the leases and concession rights
to the mining properties. This transition is completed and working
well.
Our second priority was to put the existing leach pads into
production with new equipment provided by Mexus. Leaching was
initiated on Pad 6 on December 5, 2012 with an estimated 90,000
tons of ore on the pad. We anticipate having the first results of
this leaching recovery operation by mid December, 2012.
JULIO UPDATE
Mexus Gold Mining SA de CV has contracted with a geological firm
from Caborca to conduct an Electro-Magnetic Survey of the Julio
Martha Elena Claims to further identify the potential of geological
targets suitable for establishing an open pit mining area. The
study has begun and the results will be made available as soon as
it is completed.
JULIO PLACER OPERATIONS
The placer operations through the month of November have
continued to provide a positive cash flow from the gold
production.
Photographs of the leaching operations on Pad 6 and placer gold
recovery from the Julio Placer are posted on the website.
About Mexus Gold US
Mexus Gold US (OTCQB:MXSG) is a company engaged in the mining
industry for the purpose of producing precious metals, including
gold, silver and copper, from its projects located in the state of
Sonora, Mexico and in the states of Nevada and Alaska. Mexus Gold
US is dedicated to protecting the environment, providing employment
and education opportunities for the communities where they operate.
For further information or to see the full report, visit
www.mexusgoldus.com.
The Mexus Gold US logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=7718
Forward looking Statement: Statements in this press release may
constitute forward-looking statements and are subject to numerous
risks and uncertainties, including the failure to complete
successfully the development of new or enhanced products, the
Company's future capital needs, the lack of market demand for any
new or enhanced products the Company may develop, any actions by
the Company's partners that may be adverse to the Company, the
success of competitive products, other economic factors affecting
the Company and its markets, seasonal changes, and other risks
detailed from time to time in the Company's filings with the
Securities and Exchange Commission. The actual results may differ
materially from those contained in this press release. The Company
disclaims any obligation to update any statements in this press
release.
CONTACT: Mexus Gold US
Paul Thompson CEO/President
(775) 721-9960 or (916) 776-1822
Mexusgoldus@aol.com
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