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.
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.
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