Maximus Resources' strategic update

Maximus Resources (ASX:MXR) has announced encouraging outcomes from a Reverse Circulation drilling program at the Hilditch gold deposit, 25km from Kambalda, Western Australia. The drilling revealed multiple shallow high-grade gold intersections, leading to plans for an updated Mineral Resource Estimate.

Maximus Resources' future outlook

The recent drilling program at Hilditch gold deposit by Maximus Resources (ASX:MXR) has resulted in significant shallow high-grade gold intersections, with key results including 18m at 3.2g/t Au from 13m, 4m at 6.02g/t Au from 9m, and 3m at 6.13g/t Au from 5m. These findings have reinforced the geological confidence in the deposit's continuity and economic potential. The company has completed development studies and is engaging with potential partners to fast-track production. Metallurgical tests show high gold recovery rates, supporting conventional processing methods. Maximus aims to convert its resources into production, aligning with their vision of sustainable mining and community engagement.

Executive commentary on drilling results

The drilling has successfully enhanced our understanding of the high-grade zones at Hilditch, confirming the continuity and potential economic viability of the deposit. We are excited to advance the project towards an updated Mineral Resource Estimate and are actively engaging with potential partners to expedite production.