Maximus Resources Limited (AU:MXR) has released an update.
Maximus Resources Limited has completed a promising 26-hole Reverse Circulation drill program at the Hilditch Gold Project, with high-grade gold intersections suggesting substantial resource classification improvements. The drilling revealed shallow gold deposits and returned impressive preliminary metallurgical results, with gold recoveries up to 95.8%. The company is preparing for a Mineral Resource Estimate update and advancing towards open-pit mining operations, indicating a potential near-term gold production opportunity.
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