 CABORCA, Mexico, Feb. 01, 2021 GLOBE NEWSWIRE -- Mexus Gold US OTCQB: MXSG Mexus or the Company announced that it continues to work the Mexus III area at its Santa Elena mine producing a detachment structure mineral with abundant sericite and oxide filled boxwork averaging 1.02 gt Au. There are areas with higher grade zones where the silica content is noted often with visible gold. Argonauts 2015 limited drilling program intercepted this zone from 32 to 45 meters in depth with an average grade of 1.05 gt Au. The Vein 2 area has been drilled for blasting and sampled with average values of 2.3 gt Au. One initial blast of 250 holes drilled to 6 meters is expected to produce approximately 15,000 to 20,000 tons of mineralized material. All documents for the blasting permit are now completed and have been sent to SEDENA, the Mexican department in charge of permit issuance. Receipt of the approved permit is expected soon which will allow for continuing production in this area. The Julio vein area is also being prepared for blasting with the removal of overburden and the building of access roads to the exposed quartz vein areas. The new Vein 3 area is also being prepared for blasting as it contains exposed quartz vein material similar to Vein 2 in quality and quantities. 