Maximus Resources Ltd (ASX:MXR, OTC:MXRRF) has completed reverse circulation (RC) drilling programs at the 8500N Paleochannel and at Hilditch gold deposit 25 kilometres from Kambalda in Western Australia’s Goldfields.
A first-phase RC program of 102 holes for 3,166 metres was completed at 8500N Paleochannel which was designed to improve geological confidence while testing lateral extensions and underlying mineralisation.
The company also completed an additional 13 RC holes for 522 metres at the Hilditch deposit designed to improve resource classification and expand recent high-grade intersections before undertaking a mineral resource estimate (MRE) update.
8500N work
As well as seeking to improve the geological confidence of the legacy drilling, the 8500N drilling was testing for a potential extension of mineralisation in the saprolite zone beneath the paleochannel, as identified during initial scout drilling.
Several drill traverses were completed to test for extensions along strike.
Maximus expects to receive assay results from this work over the following five weeks.
Hilditch program
At Hilditch, several holes targeted possible extensions of the recent high-grade intersection of 19 metres at 3.21 g/t gold from 16 metres including 6 metres at 5.64 g/t from 18 metres and 5 metres at 3.28 g/t from 30 metres.
Maximus holds a diversified portfolio of exploration projects in the Kambalda region with 335,000 ounces of gold resources across its granted mining tenements.
The company is actively growing these resources while also progressing toward gold production.