CARSON CITY, Nev., May 23, 2016 (GLOBE NEWSWIRE) — Mexus Gold US (OTCQB:MXSG) (“Mexus” or the “Company”) announced today that it has entered into a joint venture agreement with MarMar Holdings of Mexico at its Julio/Santa Elena property. Under the 50/50 joint venture agreement, MarMar will operate the mine and carry all costs. In addition, the company is announcing that the Julio/Santa Elena property will now be known as the Santa Elena mine.