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Mexus Gold US pursues qualified mining company for Santa Elena JV

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Global Mining Review,

Mexus Gold US has announced that it is pursuing a qualified mining company to joint venture (JV) with at its Santa Elena mine in Caborca, Mexico. To assist with this endeavour, the company is seeking a CEO with the right experience to help manage and bring Mexus’ three properties into production. In addition, Mexus will look to bring on a five-person Board of Directors to assist with this process and general decision making going forward.

Over the last six months, Mexus completed an opencast test heap leach gold recovery process that produced 277.97 oz of gold (Au) from six test pits at the Santa Elena property. This test along with the 100’s of assay samples, ground geophysics, mapping and geological evaluations points to the property being a major gold target within the Mojave Mega Shear zone. The property also sits next to the famous La Herradura mine further evidencing the potential of the property.

Mexus believes that the property contains a 1 000 000 + oz resource, which can be proven with a qualified JV partner. The company is also open to partnering with a company on the Ures gold, copper, and silver property. Across the companies three properties Mexus has over 16 000 acres and 26 different concessions all located in Northern Sonoran State, Mexico.

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Gold mining news South American mining news