Mexus.- Update on progress at Santa Elena mine

Mexus Gold US_24082020

CABORCA, Mexico, August 24th, 2020 (GLOBE NEWSWIRE) — Mexus Gold US (OTCQB: MXSG) (“Mexus” or the “Company) announced an update on its 1st quarter results which ran April to June, 2020. During this period the company established mining operations at its Santa Elena mine. The company faced challenges during this period due to COViD19 which included periods of shut down due to labor laws in Mexico. Mexus was still able to produce gold and used the time to make adjustments at the mine site. Improvements at the mine during this period included: improving the crushing circuit to maximize efficiencies, an increase in employees to include two new equipment operators and a lab technician, and the acquisition of a 330 excavator a 40 ton haul truck and repairs to existing equipment. The company currently has four haul trucks and three excavators onsite which will assist in the planned expansion. The company expects to show an increase in production during the 2nd quarter of its fiscal year (July through September).

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