Mexus Gold US Placer Operation Update
July 08 2014 - 6:30AM
Mexus Gold US (OTCQB:MXSG) ("Mexus" or the "Company")
The company announced today it has received authorization to
move the placer operation at its Santa Elena/Julio property.
Julio Baltazar, vice president of operations for Mexus Gold
Mining SA de CV stated , "I am pleased to announce that on July 2nd
2014, after months of requisitions, multiple filings, and the
characteristic bureaucracy of our governmental institutions, the
Federal Environmental office in Mexico finally released the change
of land use permit that Mexus Gold had been waiting for."
President Paul Thompson stated "It's important for our
shareholders to understand that this was a change to a previously
issued permit. We can now aggressively move forward with our plan
to move and restart the placer which includes a previously stated
increase in production."
About Mexus Gold US
MEXUS GOLD US is an American-based exploration company with
holdings in Mexico and Nevada. Mexus' fully owned Julio/Santa Elena
property is located 54km NW of Caborca, Mexico. This property sits
in an area which is currently being mined by some of the largest
mining companies in the world. Mexus has drill results which show a
high grade, multi vein system throughout the property. The company
looks to have this property in full production by the end of 2014.
Mexus also owns the rights to the Ocho Hermanos property, which is
located 80km NE of Hermosillo, Mexico. This property will be
drilled to show a proven reserve once our flagship property is in
full production. Preliminary drilling on this property has been
extremely promising. Founded in 2009, Mexus Gold US is committed to
protecting the environment, mine safety and employing members of
the communities in which it operates.
For more information on Mexus Gold US, visit
www.mexusgoldus.com.
Cautionary Statement
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
Inquiries
Paul Dent, 425-478-4908
pdent@mexusgoldus.com
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