CARSON CITY, Nev., April 11, 2016 (GLOBE NEWSWIRE) — Mexus Gold US (OTCQB:MXSG)("Mexus" or the "Company") today announced it has received the first shipment of liner for its 10,000 ton test heap leach pad. In addition, the company transported and installed a 30 foot insulated lab trailer. This lab will be equipped with assay equipment and allow for on-site assaying.
The work to obtain a new environmental permit for the heap leach has begun. The company already has the necessary mining permit in place and is in need of a new environmental permit to commence operations. Rolando Alduenda
, President of Mexus partner Ecomine Environmental, believes the permit process will take approximately two weeks. Director of Operations for Mexus Cesar Lemas
is currently working on obtaining the supporting equipment for the heap leach pad and will have all the necessary items ready to install once the environmental permit is received.
Mexus CEO Paul Thompson closed, "We will continue to update our shareholders as pertinent information becomes available. The company is aggressively moving forward with our plan to heap leach and hard rock mine. We are extremely excited and optimistic about this phase of Mexus' growth and look forward to releasing additional information in the coming weeks."
About Mexus Gold US
MEXUS GOLD US is an American-based exploration company with holdings in Mexico. Mexus' fully owned Julio/Santa Elena property is located 54km NW of Caborca, Mexico. The 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. Mexus also owns the rights to the Ocho Hermanos property, which is located 80km NE 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. Founded in 2009, Mexus Gold US is committed to protecting the environment, mine safety and employing members of the communities in which it operates.
For more information on Mexus Gold US, visit www.mexusgoldus.com.
Cautionary Statement
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. The actual results may differ materially from those contained in this press release. The Company disclaims any obligation to update any statements in this press release.
CONTACT: Inquiries
Paul Dent, 425-478-4908 [email protected]Original Article: http://www.nasdaq.com/press-release/mexus-readies-materials-and-equipment-for-heap-leach-pad-20160411-00508
