February 17, 2010 (FinancialWire) — Mexus Gold US, (OTCBB: MXSG) said it has exercised an option to purchase Mexus Gold Mining SA de CV, Mexico.

company CEO, Paul Thompson said that the purchase gives Mexus Gold US the needed mining, milling, and processing equipment to expand its Mexico operations and control of around 11,000 acres of mining concessions in the state of Sonora, Mexico.

There are four principal concessions covered in the deal. According to Thompson they were all hand mined years past by the father of the family from which the concessions were purchased.

Nevada-based Mexus Gold US is a development stage mining company engaged in the evaluation, acquisition, exploration and advancement of gold, silver and copper projects in the State of Sonora, Mexico and the Western United States.

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