Maximus Resources Advances Gold Deposits Drilling
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Maximus Resources Advances Gold Deposits Drilling

Maximus Resources Limited (AU:MXR) has released an update.

Maximus Resources Limited has commenced a ~2,000m Reverse Circulation drilling program at its Eagles Nest and Hilditch gold deposits, with the goal of enhancing resource confidence at Eagles Nest and extending the high-grade zones at Hilditch. The company anticipates completing the drilling within two weeks and expects assay results shortly thereafter, which will inform an upcoming Mineral Resource Estimate update. This advancement is a step towards the submission of Mining Proposals, marking progress in the development of these gold projects.

For further insights into AU:MXR stock, check out TipRanks’ Stock Analysis page.

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