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.
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 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.