Paul Thompson, CEO of Mexus, stated "We have struck an agreement in principal that will be a win/win for both parties including our shareholders. Both entities are committed to seeing the Santa Elena/Julio property brought to full production in a manner that is economical and will result in maximum return to its investors. We hope to have everything completed in the next 2 weeks."
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 100km SW 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. The company owns claims in Lida, Nevada and will evaluate production possibilities at a future date.
Founded in 2009, Mexus Gold US is committed to protecting the environment, mine safety and employing members of the communities in which it operates.
