Maximus Resources (ASX:MXR) has been granted an ASX trading halt ahead of the release of details on a farm-in agreement.
The halt will last until the earlier of the announcement being made or the start of trade on Thursday, 6th August 2015.
In its report for the quarter ended 30th June 2015, the company said it was analysing projects for acquisition or joint venture.
The company has completed assessment of a small combined open pit / underground project in Eastern Australia and is continuing discussions.
Discussions are also ongoing with the Administrator of a medium sized gold project in Eastern Australia.
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