Paul Thompson will be in Alaska on Tuesday, November 2, 2010. By the next Tuesday, November 9, 2010, Mexus expects to have cable on barge deck. Mexus will work as long as weather permits in the Alaskan waters and then move tug and barge to Washington State. Mexus will be ready in early spring to start pulling cable again in the Alaskan waters and intends to pull cable 24 hours a day with two crews until we have 4 million pounds of cable or a safe load for weather conditions. At that point, the barge will be off loaded, during which time the crew will have four days off. Mexus expects to average two barge loads per month beginning in early spring.
To view video of the Cable Recovery Project please visit: http://www.premierstocks.tv/index.php?option=com_content&view=article&id=242:mxsg
About Mexus Gold U.S.
Mexus Gold U.S. (OTCBB:MXSG – News) is a mining company engaged in the evaluation, acquisition, exploration, salvage and recovery of gold, silver and copper projects in the State of Sonora, Mexico, the Western United States and Alaska. Mexus Gold U.S. is dedicated to protecting the environment and providing employment and education opportunities for the communities where they operate. For further information or to see the full report, www.mexusgoldus.com, or download our corporate profile at:
The Mexus Gold U.S. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=7718
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.