Maximus Resources shares promising drill results

Maximus Resources (ASX:MXR) has released the initial results from its phase-1 Reverse Circulation (RC) drill program at the 8500N Paleochannel, near Kambalda, Western Australia. The program, which aims to expand gold mineralization, included 102 holes totaling 3,186 meters, with assay results from the first 46 holes showing shallow high-grade gold mineralization.

Maximus Resources' strategic exploration advancements

Maximus Resources has reported promising findings from its phase-1 drilling at the 8500N Paleochannel, indicating potential for expanding gold resources. The initial results from 46 drill holes reveal shallow, high-grade gold mineralization, enhancing the geological understanding of this area. The company plans to analyze the remaining assay results in the coming weeks and develop a second-phase drill program focused on resource definition. Additionally, metallurgical test work is ongoing to refine recovery processes. These efforts align with Maximus' exploration strategy to systematically expand resource estimates and capitalize on the low-cost, low-risk production opportunities presented by the paleochannel's shallow mineralization. The company remains dedicated to sustainable mining practices and aims to deliver long-term benefits to its stakeholders.

Expert insights on drilling results

These results highlight shallow, high-grade gold mineralization with potential connections to primary gold sources.