Mexus Gold Mining S.A. de C.V., a subsidiary of Mexus Gold US (OTCQB:MXSG), announced today that it has received the final Mexican Environmental Mining Permit for the Julio/Santa Elena project. The 30-year permit will allow the Company to mine and produce gold on its property. It plans to establish three operations at the Julio/Santa Elena mine site.
As quoted in the press release:
“Our open pit will start with shallow mining of numerous exposed quartz veins on the property. Overburden is basically non-existent on these veins so our start up time is minimal. We will be digging 50 to 60 foot wide swaths down to 30 feet. This material alone will keep us stacking for the first year. In the meantime, we will continue with our core drilling and mapping so we have a game plan once this initial mining is complete.”
Nexus Gold Corp. (TSXV:NXS) is currently drilling on the Walker Ridge Gold Project in Nevada - a multiple target, Carlin-type gold exploration property. They have recently submitted an expanded Plan to increase the current 8 pad plan to 29 drill pads.
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