Maximus Resources Limited (ASX:MXR) is a junior explorer with tenements in the leading Western Australian gold and nickel mining district of Kambalda.
The company holds 48 square kilometres of tenements across the fertile Spargoville Shear Zone hosting the Wattle Dam Gold Mine, one of Australia’s highest-grade gold mines that produced around 286,000 ounces at 10.1 g/t gold.
Maximus’ licences are 25 kilometres from Kambalda, a mining town home to BHP Group Ltd’s (ASX:BHP) (NYSE:BHP) (LON:BHP) nickel concentrator and within 50 kilometres of six gold processing plants.
Pantoro will help Maximus grow the existing 112,000-ounce gold mineral resource in the near term and believes the project presents a compelling opportunity.
