Mexus Announces Revenue for October; Revenues From Gold Sales Expected To Increase

Mexus Gold US announced October 2021 revenues of $128,000 from gold production at its Santa Elena property in Caborca, Mexico, representing ongoing operational momentum at the project. The company is implementing significant infrastructure improvements including enhancements to the heap leach pad and the addition of activated carbon cells designed to improve gold recovery rates and increase overall production efficiency.

Management has provided forward-looking revenue guidance indicating November revenues are expected to exceed $150,000, with longer-term projections targeting $200,000 in monthly revenues. These projections reflect the anticipated impact of the ongoing operational improvements and suggest the company is successfully scaling its production capabilities at Santa Elena.

The revenue announcement demonstrates Mexus Gold's transition from development to active production phase, with the heap leach operation generating consistent cash flow. The focus on infrastructure improvements and recovery optimization positions the company to capture increased value from its existing gold resources while building operational capacity for sustained growth in the Mexican gold mining sector.