Maximus Resources Limited (AU:MXR) has released an update.
Maximus Resources Limited has reported promising results from the second phase of their drilling program at the Wattle Dam Gold Mine, indicating a potential structural offset of high-grade gold mineralisation. The latest assays have revealed both the presence of coarse gold and significant biotite alteration, a key geological marker used in past mining operations. With these findings, Maximus is refining the exploration model and planning follow-up drilling to better understand and exploit the site’s gold resources.
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