This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Photo Release -- Mexus Gold US: MEXUS TRINIDAD JV

CARSON CITY, Nev., Feb. 19, 2013 (GLOBE NEWSWIRE) -- Mexus Gold US (OTCQB:MXSG) is a company engaged in the evaluation, acquisition, exploration, development and production of mining properties and conducts salvage operations for the recovery of precious metals.

Mexus Trinidad JV Re-Crushing Plant

A photo accompanying this release is available at http://www.globenewswire.com/newsroom/prs/?pkgid=17218

Mexus has announced today the Trinidad Joint Venture has initiated its previous stated goal to re-crush the estimated 2.5 million tons of ore now on the heaps. In addition, newly processed mined ore will be placed on those pads as the material becomes available for the production process. Evaluation analysis consisting of column tests, dynamic leaching tests and geochemical analysis indicate that the existing rock of 2" to 3"; did not allow the production solution to penetrate the rock properly. Our test results established the need to re-crush the ore in order to address the permeability situation issue and allow economic recovery of the values contained in that ore. The portable system is a modified screen and cone crusher with a conveyor system has the capability of screening fines to 3/4" mesh and crushes the larger material to 1/2".

Chris Cherrywell, Chief Geologist goes on to state that our mine data base is extensive data and must be evaluated in support of rapid advancement of exploration objectives. Assays from our existing open pits show gold values ranging up to 10 grams per ton and silver in excess of 100 grams per ton. Our geological investigations are showing potential mining values in the same range as historical mining grades. Mexus is presently confirming these historic values by collecting new samples for testing. Mr. Cherrywell reports that existing data is being collected to compile exploration data in support of determining optimum locations to develop new mining targets. We plan to begin a diamond drilling program later in this week to advance our knowledge of the various mineralized structures near to the current Heap Leaching Operation.

1 of 3

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,028.52 -2.62 -0.02%
S&P 500 1,986.86 +2.73 0.14%
NASDAQ 4,521.5590 +2.6570 0.06%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs