Photo Release -- Mexus Trinidad Joint Venture, Sonora State, Mexico Update
January 11 2013 - 6:30AM
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.
Photos accompanying this release are available at
http://www.globenewswire.com/newsroom/prs/?pkgid=16580
http://www.globenewswire.com/newsroom/prs/?pkgid=16581
http://www.globenewswire.com/newsroom/prs/?pkgid=16582
http://www.globenewswire.com/newsroom/prs/?pkgid=16583
The Mexus Trinidad Joint Venture started off the 2013 New Year
with a bang! The Mexus Trinidad JV poured its first production on
January 3, 2013 consisting of 4,392 grams of gold at 97% fineness
and 126,184 grams of silver at 99.5% purity and was shipped by
armored car on the 8th. "This is just a start" as Production
Manager and JV Partner, Kenneth Azuka puts it. He goes on to
say "Now that we have adequate pregnant solution flow at a rate of
1650 gallons per minute from our #3 and #6 Pads returning to
our Merrill Crowe recovery plant and four filter presses in
operation, the seasoned crew working as a well-oiled team we should
produce gold/silver product every 10 to 15 days."
Mine Engineer, Segisfredo Velazquez Fragozo states that
"The JV's plan was to be in production by January 1, 2013." He goes
on to state that this date was met. Our next goal is to
re-crush Pads 1 and 2, which according to Segisfredo, contains
approximately 2,000,000 tons of ore needing to be re-crushed to a
3/8 minus as our testing shows a recoverable grade of 1 gram per
ton gold and 40 grams of silver. This will be done using our
new crushing and conveying equipment sized for 6,000 tons a day
including placement of the ore using a radial stacker by February
1, 2013. Third, our goal is to re-build and purchase new
mining equipment to place new ore on our extended and new heap pads
by May 1, 2013.
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.
The photos are also available via AP PhotoExpress.
CONTACT: Mexus Gold US
Paul Thompson CEO/President
(775) 721-9960 or (916) 776-182
Mexusgoldus@aol.com
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