Mexus Gold US Agreement With Gold Grabber LLC
July 09 2014 - 11:30AM
Mexus Gold US (OTCQB:MXSG) ("Mexus" or the "Company")
Mexus Gold US announced that on July 3, 2014 the company signed
a contract with Hank Schimschat, owner of Gold Grabber LLC, buying
an interest in its Nome, AK based offshore gold mining operation.
Hank Schimschat is best known for his role on Discovery
Channels hit show Bering Sea Gold. The agreement will
have the company paying 1.2 million restricted shares to Mr.
Schimschat. Mexus president Paul Thompson stated "The cost of
this deal is an affordable way to bring the name Mexus Gold US to
millions of viewers worldwide."
About Mexus Gold US
MEXUS GOLD US is an American-based exploration company with
holdings in Mexico. 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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