Maximus Resources Limited (ASX:MXR) has announced the commencement of a 14-hole ~1,500m Reverse Circulation (RC) drill program at the Company's Lefroy Lithium Project (Lefroy) in Western Australia. The program includes a maiden drill program at the Bird Rock prospect and a third-phase drill program at the advanced Kandui Lithium prospect. The Lefroy Lithium Project is located on granted mining tenements in Western Australia's highly prospective Eastern Goldfields Lithium-Cesium-Tantalum (LCT) Province, providing expedited development opportunities for potential resources.
The multi-target RC drill program at Lefroy incorporates a maiden drill program at the Bird Rock prospect and a third-phase drill program at the advanced Kandui Lithium prospect. The Company aims to understand the sub-cropping pegmatite dip and direction at Bird Rock through the maiden drill program. Additionally, the third-phase drill program at Kandui aims to further test and refine the geological model, targeting areas with anomalous lithium grades from previous drilling. The results from this RC drilling program are crucial for the ongoing joint venture with KOMIR and will guide the future exploration and development activities at the Lefroy Lithium Project.
Maximus Resources Limited (ASX:MXR) has initiated a 14-hole ~1,500m Reverse Circulation (RC) drill program at the Lefroy Lithium Project, targeting the Bird Rock and Kandui lithium prospects. The program aims to assess the continuity of mineralisation at both prospects and refine the geological models for potential resource expansion. Upon completion, the Company expects to finalize the annual report for the Lefroy Lithium Joint Venture and anticipates assay results within 3-6 weeks following sample submission. The joint venture with KOMIR, which aims to earn 30% interest in lithium mineral rights across the Lefroy tenements, is progressing as planned, with a JV site visit by KOMIR scheduled in October. Maximus Resources remains committed to sustainable mining practices and community engagement, striving to deliver long-term benefits to its stakeholders.