Mexus Gold US

CARSON CITY, Nev., April 7, 2015 (GLOBE NEWSWIRE) -- Mexus Gold US (OTCQB:MXSG) ("Mexus" or the "Company") confirmed today that the terms of the signed contract between First Pursuit Silver de Mexico S. de R.L. de C.V. (FPV) and Mexus have not been met. The company is reviewing all options with legal counsel and will update shareholders as the matter progresses. CEO Paul Thompson added, "Obviously we are disappointed that [...]

CARSON CITY, Nev., March 31, 2015 (GLOBE NEWSWIRE) -- Mexus Gold US (OTCQB:MXSG) ("Mexus" or the "Company") announced today that the payment due on the sale of its San Felix property is now delinquent. The company is reviewing its options with legal counsel and will take the necessary steps to ensure the contract terms, conditions, and/or default obligations contained within the sales agreement are met. About Mexus Gold [...]

CARSON CITY, Nev., March 16, 2015 (GLOBE NEWSWIRE) -- Mexus Gold US (OTCQB:MXSG) ("Mexus" or the "Company") is pleased and excited to announce that our placer plant is fully operational and producing gold. Mexus' newly rebuilt VFC automated feeder is in place feeding as of Sunday March 15th. This should increase our placer operation from 150 tons to 600 tons per day, which will put Mexus into a positive cash flow and [...]

CARSON CITY, Nev., March 2, 2015 (GLOBE NEWSWIRE) -- Mexus Gold US (OTCQB:MXSG) ("Mexus" or the "Company") announced that the placer plant is running with color in the sluice. The company noted that the feeder is not up to task. After timing the feeder it became apparent that a better feeder with a variable frequency drive (VFD) speed control is needed. Mexus has a VFD and feeder rebuilt and ready to ship at its Walnut [...]

CARSON CITY, Nev., Feb. 26, 2015 (GLOBE NEWSWIRE) -- Mexus Gold US (OTCQB:MXSG) ("Mexus" or the "Company") released an amended geology report for its Santa Elena/Julio property. The report, written by Geologist Cesar Lemas, expands on his previously published report. Most notable is Mr. Lemas' recommendation to pursue an aggressive drilling program leading to production. CEO Paul Thompson added "This report supports our [...]

CARSON CITY, Nev., Feb. 17, 2015 (GLOBE NEWSWIRE) -- Mexus Gold US (OTCQB:MXSG) ("Mexus" or the "Company") announced today that the placer plant at the Julio Mine is now fully operational. The company will use the first few days to ensure that the wash plant and associated parts are optimized for maximum recovery. As stated in previous press releases, the company expects to recover 5 to 6 ounces of gold per day costing [...]

CARSON CITY, Nev., Jan. 26, 2015 (GLOBE NEWSWIRE) -- Mexus Gold US (OTCQB:MXSG) ("Mexus" or the "Company") gave an update on its flagship property and its plans for 2015. For the past several months, Mexus has been in discussions with multiple companies on the potential to joint venture the project. Unfortunately, the offers that were received fell short of what the company and shareholders would expect. These offers, if [...]

CARSON CITY, Nev., Dec. 22, 2014 (GLOBE NEWSWIRE) -- Mexus Gold US (OTCQB:MXSG) ("Mexus" or the "Company") announced today that it is still in discussions with multiple major mining companies. There is an ongoing negotiation taking place with one company and a deal will be completed if/when terms can be agreed upon. CEO and President Paul Thompson added "Mexus is doing everything possible to complete a deal in the first [...]

CARSON CITY, Nev., Nov. 4, 2014 (GLOBE NEWSWIRE) -- Mexus Gold US (OTCQB:MXSG) ("Mexus" or the "Company ") announced that the mining company doing their four week due diligence at the Julio/Santa Elena property is hard at work and close to completion. Julio Baltazar, Mexus Vice- President, has been on site and assisting the interested party as needed. President Paul Thompson added "Although the mining company's [...]

CARSON CITY, Nev., Oct. 17, 2014 (GLOBE NEWSWIRE) -- Mexus Gold US (OTCQB:MXSG) ("Mexus" or the "Company") today announced that it continues to have discussions with potential JV partners. Over the last 4 weeks the company has hosted numerous geologists, engineers, and experienced miners who are confirming the company's belief that the potential for this property is substantial. President Paul Thompson added, "Recently [...]