Maximus Resources Limited (AU:MXR) has released an update.
Maximus Resources Limited has commenced a significant drilling initiative at the Lefroy Lithium Project in Western Australia, in partnership with KOMIR, to evaluate the extent of high-grade spodumene lithium mineralization. The project benefits from existing infrastructure and has shown promising results from previous exploration, including a large 3km x 1.5km lithium-in-soil anomaly, indicating the potential for a substantial mineralized system. The company’s ongoing 12-hole drill program aims to deepen understanding of the resource and is part of a strategic effort to expand its portfolio within the Eastern Goldfields Lithium-Cesium-Tantalum Province.
For further insights into AU:MXR stock, check out TipRanks’ Stock Analysis page.
