Hit  Kitco  bit  late, better  than not or  post  close

Mexus Gold US Placer Operation Update – Jul 8 2014 2:24PM

Mention  of  8 Bros  I guess  to demo not  exact  a  1  trick pony. But  my  1st  visit  09-’11 still the main squeeze and  all stuff  kept  at  the  compound  just  N of  Ures  with the  claims really  up in  the  boonies/wild  outback. That  point Rancho  just a  new drilled well still only in use  and  trommel being  moved  to site  and  panel being  wired  up.   But  we  did  detect  a  nugget rather  quick to give  notice of  hot metal area.  Ures  is  middle  of  Sonora  and  in zone  where large older  mines  run to the  Sierra Madre  to E. Will require  a  bankroll to establish  proper metallurgy for good  silver from amazing  abundance. Gold  and  copper  veins  straight forward  stuff to mill.   If  Julio runs  good by  end  ’15, could be  looking  at  start in ’16

As to flow  charts? I venture  are  so odd that  only  real use  is  timing  1 ,2 ,3 which  we  all knew  anyway and  not  values other  than wild  assed  guesses. I believe  I came away from May  5 mentioning seeing  the  $86.921  mil was  one possibility in the   full year2015 but  lotza  slips  twixt  cup and  lips AND Sonora Resources was  NOT a  player that  compiled  them. Still, a  dream is  a  wish your  heart makes!

I do hope is  a  permanent answer to why  hasn’t he  been down there  making  all that  gold we  know  is around.  Has  NOT been able  to do more  than  basic  improvements  since  applying for new uses. Placer  move is cheap. Rest issued  are still good  but  cost  the  big  bucks  a  partner  will provide.  Then  of  course  we all see  the  enormous  interest  this  afternoon since  news  comes  out  and  even spell checked! Well perhaps tomorrow.

Limiting  factor AFTER the  pad  approval  is in  hand is  the  design 800 gpm flow  it produces  through the MC with high assay to begin press  filter  loading.  Once  a lined  pad in place ,  crush plant  operating  stacking  begins  and all rest  falls  in  line until leach spray started   reaches inflow  trenches  to the lined  ponds for recycle.   Same  effort  involved doing  little as  a  lot so you  begin once  it  can be  continuous  maintaining  the  800 gpm moving  leach as  stacking new  areas  then new  20′ lifts  atop the  old.  High begins  June  500 tons/day Low  begins  Sept same  tons. Hit  the happy  medium and  call it  late  July flow  800 GPM. About 10/1  ratio   is  good  wag.   but  70%  recover  for  both is  awful for  gold, decent for  silver so seems skewed way to low  total current  62.6 times prices. All is sorta  like  getting  the  Sears  Catalog in  July  to wish for  Dec  25th. Then last  year’s  goes  to the outhouse.  Save  girdles  and  bras  for last. 8