Maximus Resources begins gold resource estimate for remnant ore at Wattle Dam
The Wattle Dam resource evaluation forms part of Maximus’ near-term strategy aimed at building value by increasing gold resources across the greater Wattle Dam area.
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 scores Western Australian EIS grant to co-fund Redback gold deposit drilling
The Exploration Incentive Scheme grant of $120,000 is the full amount applied for by Maximus and contributes 50% of direct drilling costs.
Maximus Resources identifies four high-priority Kambalda-style nickel sulphide exploration targets
The company’s Spargoville tenement package on the under-explored northern extension of an ultramafic belt is highly prospective for Kambalda-style komatiite-hosted nickel sulphide mineralisation.
Maximus Resources raises $1.5 million to accelerate nickel and gold exploration
Funds will be used to accelerate nickel exploration at high-priority targets across the Spargoville tenements and will allow the company to continue progressing resource growth at the Wattle Dam gold projects.
Maximus Resources in trading halt with capital raising announcement pending
The company recently intersected two discrete intervals containing semi-massive sulphides within a broad zone of weakly disseminated sulphides in the maiden drill hole at Wattle Dam East nickel target within its Spargoville tenements in WA.
Maximus Resources bolsters board with strategic planning and engineering experience through chairman appointment
The board considers Zaninovich brings significant hands-on experience in strategic planning, mining feasibility studies, project development and operational readiness.
Maximus Resources observes multiple semi massive sulphide zones at Wattle Dam East nickel target
The company’s maiden drill hole intersected two discrete intervals containing semi-massive sulphides within a broad zone of weakly disseminated sulphides, extending from 430 metres to 600.1 metres.
Maximus Resources observes gold in core during Redback drilling
Visible gold occurrences are within core from RBDD005, the fifth hole in the company’s 2,500-metre diamond drill program testing internal high-grade shoots and extensions to the existing JORC inferred resource.
Coffee with Samso: The Wattle Dam story - Maximus Resources
Maximus Resources believes the Wattle Dam Project in the prolific Kambalda region of WA is a potential company-maker.
Maximus Resources has drill spinning at priority Wattle Dam East nickel target in Western Australia
Diamond drilling is testing for nickel sulphides at an EM anomaly at Wattle Dam East deposit, which occurs within prospective stratigraphy along strike from other regional players.
Maximus Resources hits up to 48.4 g/t gold and extends Redback mineralisation
Initial diamond drill results from the infill and resource extension program increase the company’s confidence in the gold potential at Redback.
Maximus Resources identifies priority drill target in ground EM survey at Wattle Dam East-Nickel target
The target for the FLEM survey was for a blind nickel-sulphide occurrence obscured by younger stratigraphy.
Maximus Resources works towards goal of becoming long-term gold producer in WA's premier gold and nickel mining district
Maximus chairman Gerald Anderson said the company was ready to take the next step after a “transformative” 2020.
Maximus Resources hits 32 metres at 3.2 g/t gold at S5 Prospect near historic high-grade Wattle Dam mine
The wide intersection shows similar tenor and widths of the historic high-grade Wattle Dam Mine with mineralisation remaining open down plunge and to the north.
Maximus Resources in trading halt with drill results pending
Proceeds from a recent $3.18 million placement will fund accelerated exploration programs at prospects around the historical high-grade Wattle Dam Gold Mine in Western Australia.
Maximus Resources' directors endorse company's gold-nickel pipeline by taking up shares in recent placement
Company directors committed to subscribe for an aggregate of $180,000 worth of shares under the placement via the issue of an additional 1,894,737 shares at $0.095 per share.
Maximus Resources identifies high priority nickel targets at Wattle Dam East
Wattle Dam East nickel prospect comprises around 1.5 kilometres of strike potential within prospective stratigraphy and is between the Andrews Shaft and Zabel nickel deposits.
Maximus Resources begins maiden diamond drilling at Redback Gold Deposit
The proposed diamond drilling program comprises of 11 holes at an average depth of around 230 metres and is expected to be completed by February 2021.
Maximus Resources outlines extensive alteration domain at Hilditch Gold Project
The company believes ongoing field mapping and data integration will provide targets for a Hilditch project drill program in the first half of 2021.
Maximus Resources hits broad alteration zones in drilling of prospects at Spargoville
An RC drilling campaign has been completed at the S5 gold prospect and Redback linking structure with several holes recorded as having broad zones of alteration.