Mexus’s Partner Provides An Update On The Mabel Project

Mexus Gold US has received a project update from its partner Irmex regarding progress at the Mabel gold project located in Northern Mexico. The collaboration follows a letter of intent signed in December 2021, establishing the partnership framework for advancing the property.

Irmex's technical team has been focused on data modeling and integration, working specifically with a substantial database of 611 core and reverse circulation drill holes. This historical drilling was previously conducted by Pacific Comox before Mexus Gold acquired the project. The modeling work represents a critical step in advancing the project's development, as it will help define mineralization patterns and guide future exploration strategies.

The update indicates steady technical progress on the Mabel project, with Irmex's involvement bringing additional expertise and resources to the gold exploration effort. The partnership structure allows Mexus to advance its Mexican gold assets while leveraging local expertise and relationships. For the broader sector, this type of international partnership arrangement demonstrates how junior mining companies are increasingly collaborating to advance projects in foreign jurisdictions, particularly in Mexico's established gold mining regions.