|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's Range||0.0065 - 0.0075|
|52 Week Range||0.0051 - 0.0704|
|Beta (3Y Monthly)||9.51|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Mexus President Paul Thompson stated, “The first batch of 75 samples have been received with positive results. The first three drill holes were planned to intercept the Julio vein at shallow depth and included a new coincident shear zone at this area.
Mexus Gold US (MXSG)(“Mexus” or the “Company”) announced that the first stage of exploration drilling has finished at the Santa Elena Project with 736 meters of core in 9 holes. The purpose of this initial drilling program is to study a major area of geologic interest where a high-grade gold quartz vein merges with a tectonic shear zone with gold/silver values. In the area, the shear zone outcrops with 8 to 10 meters width with a low angle dip to the East and it is cut by a steeper 0.75 to 1.5 meter wide quartz vein which has previously assayed high grades of gold. 200 core samples were collected from drilling and are being sent to ALS-Chemex labs for assays. Assay results will be added to complete the database and proceed with the geo-economic interpretation of the area. This area is only a 270 meter section of an approximately 3000 meter long structural anomaly which is still to be studied. More surface work as geologic mapping, sampling, geophysics, and trenching needs to be directed as to locate the best drilling targets along this structure as well as similar structures in the area. Assay results will evaluate this section but more samples need to be collected along the 3000 meter strike of the structure.
Mexus Gold US (MXSG)(“Mexus” or the “Company”) announced that drilling continues at its Santa Elena mine project with no delays and is now on the 7th hole. Five holes were drilled along the Julio Vein-Shear zone for a strike distance of 250 meters with 35 to 40 meter spacing. The purpose is to test the continuity at 25 to 30 meter depths of both the quartz vein and the shear zone that are in the main prospect area. Drill holes proved the continuity at depth of the main quartz vein varying in width from 0.75 m up to 2.0 meters at 25 to 35 meters deep with a dip angle of 45 degrees to the East. This property contains 6900 acres and has both gold and copper on the property. Founded in 2009, Mexus Gold US is committed to protecting the environment, mine safety and employing members of the communities in which it operates.
Mexus Gold US is an American based mining company with holdings in Mexico. The fully owned Santa Elena mine is located 54km NW of Caborca, Mexico. Mexus also owns rights to the Ures property located 80km N of Hermosillo, Mexico. This property contains 6900 acres and has both gold and copper on the property. Founded in 2009, Mexus Gold US is committed to protecting the environment, mine safety and employing members of the communities in which it operates.
Mexus Gold US (MXSG)(“Mexus” or the “Company”) announced that it has completed all the necessary steps to begin drilling at the Santa Elena mine. The completion of permitting and contracts will allow the company to begin phase 1 of its drilling program by November 1st, 2018. Mexus anticipates that the initial drilling program will be completed by December 1st, 2018.
Mexus Gold US (MXSG)(“Mexus” or the “Company”) is pleased to announce that it has signed a contract with Major Drilling Co. of Hermosillo, Mexico for the initial drill program at its Santa Elena mine. “Using the information in this drilling program and prior data from qualified geologists we are seeking to prove a 100,000oz target.
Mexus Gold US is an American based mining company with holdings in Mexico. The fully owned Santa Elena mine is located 54km NW of Caborca, Mexico. Mexus also owns rights to the Ures property located 80km N of Hermosillo, Mexico. 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.
NEW YORK, NY / ACCESSWIRE / March 7, 2018 / Latest key findings by Growth Market Report for all traders, shareholders, and investors of Propanc Health Group Corp. ( OTCQB: PPCB ) and Mexus Gold US ( OTCQB: ...