Maximus targets priotity nickel and gold at Spargoville

Maximus targets priotity nickel and gold at Spargoville

February 21, 2023 0 By Rueben Hale

Maximus Resources will drill around 6500m of multi-target gold and nickel drilling focusing on high-priority nickel and gold targets, including a maiden program at the recently acquired Kemble gold prospect, near Kambalda in Western Australia.

The early-stage air-core programmes will target contact mineralisation providing vital data to narrow in on prospective targets for follow-up drilling.

Maximus Managing Director Tim Wither said the highly prospective nickel and gold Spargoville tenement package

“It offers and excellent opportunity to potentially discover nickel sulphides in a highly fertile area in parallel with advanced gold exploration,” Mr Wither said.

He said  principal source of economic nickel deposits within the Kambalda region is associated with the basal contact position of komatiite channels.

“Determining the basal contact location is essential in narrowing the search for discovering Kambalda-style nickel sulphide deposits,” he added.

Geological Map showing multi-target gold and nickel drill programme locations over magnetic survey.

Multi-target gold and nickel drill programme locations over magnetic survey.

The programme is expected to be completed over two weeks, with the potential to extend based on field observations.

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About Maximus Resources

Maximus Resources Limited and its subsidiaries engage in the exploration and development of mineral properties in Australia. It primarily explores gold, copper, and nickel element deposits. The Company is interested in the Spargoville project located 20 km from Kambalda, Western Australia. It also undertakes the Wattle Dam gold project, which includes Wattle Dam stockwork, Wattle Dam South, Redback deposits, S5 prospect, and the Hilditch Gold project. In addition, the Company holds interest in two Nickel –Copper- Cobalt- Platinum Group Elements projects, which comprise the Jilbadji and Karalee projects covering a combined area of 678 square kilometres located in Southern Cross, Western Australia. Further, it holds 75% interest in the Larkinville Gold project; and 100% interest in the Eagles Nest Gold project. The Company was incorporated in 2004 and is based in Eastwood, Australia.

Maximus Resources will drill around 6500m of multi-target gold and nickel drilling focusing on high-priority nickel and gold targets, including a maiden program at the recently acquired Kemble gold prospect, near Kambalda in Western Australia.

The early-stage air-core programmes will target contact mineralisation providing vital data to narrow in on prospective targets for follow-up drilling.

Maximus Managing Director Tim Wither said the highly prospective nickel and gold Spargoville tenement package

“It offers and excellent opportunity to potentially discover nickel sulphides in a highly fertile area in parallel with advanced gold exploration,” Mr Wither said.

He said  principal source of economic nickel deposits within the Kambalda region is associated with the basal contact position of komatiite channels.

“Determining the basal contact location is essential in narrowing the search for discovering Kambalda-style nickel sulphide deposits,” he added.

Geological Map showing multi-target gold and nickel drill programme locations over magnetic survey.

Multi-target gold and nickel drill programme locations over magnetic survey.

The programme is expected to be completed over two weeks, with the potential to extend based on field observations.

MXR.AX
up arrow$0.0000
$0.0000
0.00%

About Maximus Resources

Maximus Resources Limited and its subsidiaries engage in the exploration and development of mineral properties in Australia. It primarily explores gold, copper, and nickel element deposits. The Company is interested in the Spargoville project located 20 km from Kambalda, Western Australia. It also undertakes the Wattle Dam gold project, which includes Wattle Dam stockwork, Wattle Dam South, Redback deposits, S5 prospect, and the Hilditch Gold project. In addition, the Company holds interest in two Nickel –Copper- Cobalt- Platinum Group Elements projects, which comprise the Jilbadji and Karalee projects covering a combined area of 678 square kilometres located in Southern Cross, Western Australia. Further, it holds 75% interest in the Larkinville Gold project; and 100% interest in the Eagles Nest Gold project. The Company was incorporated in 2004 and is based in Eastwood, Australia.

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