Cesar’s latest report has some easier to see info. Precise location has been available all the time but seeing what’s there was lacking without boots on ground and been very few. You can see however it’s not that far away inside Sonora. I figure we can credit Dent with much of the recent computerize computer ease. Paul, you’re one of MY best ideas despite the snoring ( co-mingled sleep apnea and PTSD, mine not his)
214 surface samples Julio area with very high assay to11.4 grams and about 50 meters core log 16-18 Aug ’12 no assay. More might be seen from JV report if and when Fresnillo coughs them up. However I think these are the samples Fresnillo saw and was allowed to validate on their own. I doubt they assayed cores but probably did some quick and dirty tests at intervals . Thus is posted for us to see and evaluate for own investment. It’s hard to believe they did Julio shaft vein face samples and weren’t impressed. It’s for certain they are aware Mexus’ ability to simply produce themselves so some factor other than value is involved. ” My mine’s bigger than yours” may be it. ” Too cock sure for own good” is another. 8
http://www.mexusgoldus.com/files/doc_downloads/caborca_mine/MARTHA_ELENA-JULIO_REPORT_2015_2[1].pdf
PT’s now doing Mexus business there and we are NOT to guess with whom. Says is a possible solution and will be flying down tomorrow meaning Cessna is flight worthy and him too. Julio’s been back and forth to Mexico City for both explosives permit and additional environmental use for other development. Momo’s still working on the loading conveyors coordination to optimize the flow and as yet no clean out made. For some good news there’s been movement on cable location and salvage rights and Mexus retains 11% . North Pacific’s loading the container and placer screens are all’s needed still. I’m all screened out until March so are available for the % of metal payout at weigh in. Looks to me like a 100% gain over 2 seasons working in rich areas never touched . Never enough pies for finger sticking but what a good boy am I,
Some Julio shaft clarification , says not really looking at a JV there more of hiring on a underground operator on contract which could be cash or percentage. As to San Felix? Not able to comment except there’s an enforceable contract due the 24th. Mexus has no need for it back as it was declared sold, written down as discontinued operation with payment due . Atzek has no need for having Mexus back with a year’s progress in hand and increased value. All’ s certain something occurs on Mar 25th. 8
600 TPD is much larger than I thought. 6 ounces a day happens at 0.01 opt and anything better than that is gravy!
If trend area wide .5 gr prevails it hits 10 oz ( 31.1035 gr = oz) with 600 tons. So how’s fer twice that grade towards some real money for $900 cost? Placer plant set up is much larger and much better situated. Hauler truck now can run under it to unload. There’s one source immediate cash for shaft start up. “Expect to have the funds end of March” sounds like Atzec is going to not lose that pot of gold by simple default on what was sold them year back. 8