With all the uncertainty created by the health of millions being endangered by a foreign virus, it seems a flight to gold stocks is inevitable.
Caborca, Mexico-based Mexus Gold US (OTC:MXSG) came out with news this gloomy Monday, with word additional material from the Julio vein has been crushed and placed on the heap leach pad.
The crew at the Santa Elena mine imparts news that additional recovery equipment and have confirmed that recovery is now at 100% from solution. The Julio and Lucky Strike pit keep expanding with 1.2gpt to 9gpt Au and an overall average of 4 gpt Au.
Mexus is an American-based mining company with holdings in Mexico. The fully owned Santa Elena mine is located 54 km NW of Caborca, Mexico. Mexus also owns rights to the Ures property located 80km N of Hermosillo, Mexico.
MXSG shares jumped 16% to 58-100ths of a cent, on volume of more than a million shares.
