Maximus Resources (ASX:MXR) has successfully completed its first-phase Reverse Circulation (RC) drilling programs at two strategic sites. The programs were conducted at the 8500N Paleochannel and the Hilditch gold deposit, both located near Kambalda, Western Australia. The drilling aimed to enhance geological understanding and explore potential extensions of mineralization.
Maximus Resources has completed its first-phase RC drilling at the 8500N Paleochannel and Hilditch gold deposit, aiming to increase geological confidence and explore mineralization extensions. The company anticipates assay results within five weeks, which will aid in updating the Mineral Resource Estimate (MRE) and support its growth strategy. With 335,000 ounces of gold resources in the Kambalda region, Maximus Resources is committed to sustainable mining and community engagement, as it seeks to expand its resource base and move towards production.
The completion of these drilling programs marks a significant step forward in our exploration efforts. We are focused on expanding our resource base and advancing towards production in the Kambalda region. We look forward to receiving the assay results and updating the market on our progress.