Photo Release -- Mexus Gold US
March 18 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.
A photo accompanying this release is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=17649
Mexus is pleased to announce that Mexus Trinidad JV has
instituted operations to produce gold and silver on a twenty four
hour basis. The re-crushing equipment and ore placement activities
are also maintaining a twenty four hour schedule. We have increased
the pregnant solution flow rate from an initial 1,050 gallons per
minute (gpm) to 1,200 gpm and anticipate achieving 1,800 gpm as the
re-crushing of the existing ore on the pad provides addition
surface area. The target flow rate with an average of 0.10 parts
per million (ppm) gold and 1.50 ppm silver is expected to produced
31.50 ounces gold and 473 ounces silver per day. The re-crushing of
Pad 6 materials has charged the leach pad with finer rock that
supports the more effective leaching of the contained gold and
silver. The Pad is under spray and our hourly geochemical
testing of the recovered leach fluids indicates approximately 156
ounces of gold and 3,950 ounces of silver has been accumulated thus
far. We continue to sprinkle and leach the precious metals as new
areas of the pads are re-crushed and also placed under leach
production. The pads contain an estimated 2.5 million tons of
materials to be reprocessed.
Chris Cherrywell, Chief Geologist is supervising the drilling
operations and sample analysis in areas where there is historically
known mining targets. These areas are located near the present heap
leach pads thereby allowing for easy development of any new mining
area that may be identified for mining activities. The new target
of 1.5 ppm gold and a production rate of 6,000 tons daily are set
for 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 photo is also available via AP PhotoExpress.
CONTACT: Paul Thompson CEO/President
(775) 721-9960 or (916) 776-1822
Mexusgoldus@aol.com
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