CARSON CITY, Nev., Dec. 16, 2010 (GLOBE NEWSWIRE) -- Mexus Gold U.S. (OTCBB:MXSG), announced today that the Ocho Hermanos mine located in northern Mexico and owned by Mexus Gold U.S., Mexico Division, Mexus Gold S.A. de C.V. is now ready to enter into production operations with the arrival of equipment provided by Mexus Gold U.S.
Mr. Paul Thompson, CEO stated, "The transport and installation process of this equipment is very important to us as a Company. I think it shows our commitment to our projects in Mexico and our ability to provide the means to make this type of project move forward. Our permitting process is going well with all of the paperwork required to initiate operations completed and filed with the appropriate authorities. In addition, we were encouraged by our ongoing drilling program in such a manner that we felt we could move forward into the initial production stage of developing the Ocho Hermanos project."
About Mexus Gold U.S.
Mexus Gold U.S. (OTCBB:MXSG) is a company engaged in the mining industry for the purpose of producing precious metals, including gold, silver and copper, from its projects located in the state of Sonora, Mexico and in the states of Nevada and Alaska.
Mexus Gold U.S. is dedicated to protecting the environment, providing employment and education opportunities for the communities where they operate. For further information or to see the full report, visit www.mexusgoldus.com, or for more detailed Investor Information please visit: http://www.premierstocks.tv/images/company_links/mexus.pdf
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Forward looking Statement: Statements in this press release may constitute forward-looking statements and are subject to numerous risks and uncertainties, including the failure to complete successfully the development of new or enhanced products, the Company's future capital needs, the lack of market demand for any new or enhanced products the Company may develop, any actions by the Company's partners that may be adverse to the Company, the success of competitive products, other economic factors affecting the Company and its markets, seasonal changes, and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission. The actual results may differ materially from those contained in this press release. The Company disclaims any obligation to update any statements in this press release.