MEXICAN GOLD PROVIDES UPDATE ON PRELIMINARY ECONOMIC ASSESSMENT

Mexican Gold Mining Corp. (the “Company” or “Mexican Gold”) (TSXV: MEX) is pleased to announce that work towards completing a preliminary economic assessment study (“PEA”) for the Las Minas project in Veracruz, Mexico, continues. Mexican Gold has engaged JDS Energy & Mining (“JDS”) to conduct the PEA. It is estimated that the PEA will be completed and results reported within the next three weeks.

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