Company
Maximus Resources Ltd
ASX:MXR
Maximus Resources Ltd (ASX:MXR) is an Australian mining company focused on the exploration and development of high-quality gold and base metal projects. The company holds a diversified portfolio of exploration projects in Western Australia, with 320,600 oz Au across granted mining tenements. MXR also entered into a joint venture agreement with the Korea Mine Rehabilitation and Mineral Resources Corporation (KOMIR) to develop the Lefroy Lithium Project in Western Australia's Eastern Goldfields, an emerging lithium corridor.
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Maximus Resources hits high-grade gold; demonstrates potential for Wattle Dam resource growth
The completed drill program with results up to 11 metres at 3.8 g/t gold from 37 metres demonstrates the potential to significantly increase the scale of Wattle Dam.
Maximus Resources buoyed by what it has seen after finishing initial RC drilling at Wattle Dam
The company completed around 3,900 metres in its initial RC drill program at the Wattle Dam Gold Project.
Maximus Resources acquires gold and nickel prospect at Spargoville
The prospect has a substantial gold-in-soil anomaly and is located on an underexplored mineralised corridor west of the regional Spargoville shear zone.
Maximus Resources shares rise as it starts RC drilling at Wattle Dam Gold Project
Maximus managing director Tim Wither said: “It is exciting to be starting the S5/Golden Orb drill program, following up previous drilling success at both targets.”
Maximus Resources delivers encouraging shallow gold hits in first-pass drilling at Hilditch
“These results greatly increase the priority of Hilditch in the company’s focus on growing gold resources across the Spargoville tenements,” says MD.
Maximus Resources’ external expert review highlights lithium exploration upside of Spargoville
The independent review revealed lithium-caesium-tantalum (LCT) style pegmatites across the project tenures, with moderate to strong fractionation characteristics (indicating an evolution in the present minerals), supported by elevated level
Maximus Resources fields further high-grade gold at Wattle Dam Project
“The completed Redback RC and diamond drill resource program continues to return wide, high-grade gold domains, demonstrating the near-term potential for Redback to be developed into another high-grade gold mine in the Wattle Dam Project ar
Maximus Resources has high hopes for lithium potential of Spargoville tenements in Western Australia
Further fieldwork will be conducted during the ongoing multi-target drill campaign to determine the potential for additional lithium-bearing pegmatites. This will support the planning of a targeted drill program later in 2022.
Maximus Resources observes nickel sulphides in core of completed drilling program at Hilditch West
Drilling at Hilditch West is part of a larger ongoing multi-target gold and nickel drill campaign across the Spargoville tenements.
Maximus Resources doubles down on new, high-grade gold zone at Wattle Dam’s Redback deposit
Maximus reports the completed drill holes demonstrate a strong potential for high-grade gold mineralisation from surface to more than 500 metres vertical depth at the Redback gold deposit.
Maximus Resources higher on uncovering multiple occurrences of visible gold in Redback drill core
Confidence continues to grow that Redback has the near-term potential to be developed into another high-grade gold mine in the Wattle Dam corridor.
Maximus Resources hits sulphides and native copper in maiden diamond drill hole at Hilditch West Nickel Prospect
Selected intervals of core have been submitted for multi-element assaying, with results to be released once received.
Maximus Resources identifies new nickel priority targets at Central prospect in WA
“The priority conductors are in very prospective stratigraphy and located between the two historic nickel mines. These targets have never been drilled and Maximus has incorporated these new highly prospective zones into the ongoing explorat
Maximus Resources strikes wide, high-grade gold intersections at Wattle Dam's Redback deposit
The latest drilling results further support the commencement of the second phase resource drill program at Redback.
Maximus Resources kicks off diamond drilling at Hilditch West nickel target
The team is on the hunt for a Kambalda-style nickel discovery just 25 kilometres from BHP’s nickel concentrator.
Maximus Resources' petrography study confirms several nickel sulphide types at Hilditch West
The Hilditch West nickel target remains a priority target for the company given the anomalous nickel intersections, confirmed nickel sulphide mineralogy and the proximal conductor which has not been adequately tested by legacy drilling.
Maximus Resources declares Wattle Dam Stockwork maiden gold resource of 23,800 ounces
The Stockwork resource estimate has boosted the global mineral resource estimate across the Spargoville project by 21%.
Maximus Resources embarks on large-scale survey over Central nickel target
The junior explorer is out to define the prospectivity of one of its highest priority targets with a geophysical survey as it hunts for Kambalda-style nickel mineralisation in WA.
Maximus Resources advances maiden gold resource estimation work at Wattle Dam
A diamond drill contractor has been secured for upcoming resource drill programs at Wattle Dam, Redback and drill-testing of the Hilditch West nickel target, expected on-site by the end of September.
ASX hits seven day low as lockdowns bite
The S&P/ASX 200 share index had fallen 0.83% to a 7-day low of 7519.80 and was on track for its first two-day fall and biggest-one-day fall in the past four weeks.
Maximus Resources secures cornerstone investment from Pantoro in $12 million cap raise
The funds will be used to accelerate its gold and nickel strategy across the Spargoville tenements in Western Australia’s Kambalda region, near Pantoro’s Norseman project.
Maximus Resources set to receive $390,000 from insurers over Burbanks Mill claim
The insurers have finalised their review of the claim and have determined damages after application of excess and costs.
Maximus Resources identifies strong, shallow EM conductor at Hilditch West
The company’s geologists are encouraged by the prospectivity of the new EM target in light of recent nickel sulphide intersections, proximal to the interpreted lower conductance plate.
Maximus Resources intersects nickel-copper sulphides at Hilditch West with scandium to boot
The company’s drilling program significantly upgrades Hilditch West as a polymetallic target with significant mineralisation encountered in four of the six holes drilled in both oxidised and sulphide material.
Maximus Resources begins RC drilling aimed at growing at Redback gold deposit
The company’s 900-metre RC campaign will target the shallow extents of Redback high-grade gold shoot along from the Wattle Dam mine.
Maximus Resources begins ground geophysics at Hilditch targeting nickel sulphides
The FLEM geophysics survey aims to define prospective zones for nickel sulphide mineralisation before drill testing.
Maximus Resources kicks off additional drilling at Hilditch West gold target
The company is targeting an expansive domain of fuchsite altered volcanic and metasedimentary rocks, coincident with a significant gold-in-soil anomaly.
Maximus Resources has RC drill spinning to test Wattle Dam Gold Mine extension
The drill program includes regional exploration gold targets at Yilmia and Karramindie, and resource extension and infill drilling at the Larkinville project.
Maximus Resources has 1,500-metre RC resource extension and infill drilling underway at Larkinville gold resource
The Larkinville drilling is part of a multi-target ~4,000-metre drill program, targeting several near-mine and regional exploration gold targets across the Spargoville tenements.
Maximus Resources begins RC drilling at Yilmia gold target
Its initial focus will be on drilling at both the Yilmia and Karramindie gold targets, which are incorporated into a larger 4,000 metres RC program.
Maximus Resources gets drill spinning across Spargoville tenements, WA
The drilling across regional exploration targets is incorporated into a larger 4,000 metres reverse circulation (RC) program that includes mineral resource drilling at both the Wattle Dam Gold Mine remnant stockwork mineralisation and the L
Maximus Resources extends Redback high-grade shoot with hits of up to 17.2 g/t gold to support resource upgrade
Due to the proximity of several targets, the Redback drill program was completed in conjunction with other programs at Wattle Dam, including S5 Prospect, Wattle Dam South, Redback linking structure and the Wattle Dam East nickel target.
Maximus Resources intersects up to 10.5 g/t gold at S5 prospect near Wattle Dam Gold Mine in WA
Exploration reverse circulation drilling targeting Redback, Wattle Dam North and regional gold targets, Yilmia and Karramindie, is expected to begin later this month.