Gold Production Continues at Mexus’ Santa Elena Mine

Mexus Gold US has achieved a significant operational milestone with the shipment of its first activated carbon load from the Santa Elena mining operation in Caborca, Mexico, to processing partner Sipi Metals Corp. Under the processing agreement, Sipi will extract and sell the gold and silver content at 97% of spot price within a 45-day timeframe, providing Mexus with near-immediate monetization of its production.

The company has demonstrated consistent production momentum with a second activated carbon shipment scheduled for August 18, 2021, just three days after the first shipment. This rapid turnaround suggests the Santa Elena operation has established a steady production rhythm, which is critical for maintaining cash flow and operational viability in the current gold market environment.

For the broader junior mining sector, Mexus's transition from development to consistent production represents a successful execution of the mine-to-market value chain. The 97% spot price arrangement with Sipi Metals provides predictable revenue streams while the 45-day processing timeline ensures reasonable working capital cycles. This operational achievement positions Mexus to capitalize on current gold market conditions while building a foundation for sustained production growth.

The Santa Elena operation's production consistency will be closely watched by investors and industry observers as an indicator of Mexus's ability to scale operations and generate sustainable cash flows. Success in maintaining this production cadence could support future expansion plans and enhance the company's position in the competitive Mexican mining landscape.