Mexus announces operating costs lower than expected and confirms positive cash flow obtained

Mexus Gold US_23032020

CABORCA, Mexico, March 23rd, 2020 (GLOBE NEWSWIRE) — Mexus Gold US (OTCQB: MXSG) (“Mexus” or the “Company) announced that it is producing gold at a cost of $376 per oz. of gold. This figure is well under the $437 per oz. estimated in November 2019. The reduced production cost is a result of Mexus adding an activated carbon recovery system along with an electrowinning gold recovery plant. In addition, the company is mining a higher grade of mineralized material which brings the net cost down. The crew at the mine is gaining experience every day and taking expansion one step at a time. With a tightly controlled operation the company expects to be producing 10 oz. of gold per day within 60 days. Mexus is now operating at a positive cash flow which has been a long-standing goal of the company.

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