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Mexus confirms sale of gold

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Global Mining Review,

Mexus Gold US has confirmed its inaugural sale of gold totaling 16.5 oz of the 125 oz of gold recovered to date at a price of US$1600/oz.

Additional sales will be occurring shortly. With today’s market price for gold and ongoing daily production from its Santa Elena mine, the company can afford necessary upgrades to its equipment and look to expand daily output.

“I would like to thank and congratulate the shareholders that have believed in and supported Mexus. With production sales started, Mexus plans to be debt free by 1 January 2021, and will seek to increase shareholder value in the near term. I will be holding a telephone conference in the near future.” added Mexus CEO, Paul Thompson.

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US mining news Gold mining news