MXR 3.57% 2.9¢ maximus resources limited

Key points:o 1.7 to 3 billion tons is only for block 1o Maximus...

  1. 162 Posts.
    Key points:
    o 1.7 to 3 billion tons is only for block 1
    o Maximus has huge tenements in the area and Canegrass is just a small section.

    I think this is interesting:
    "For Block 1 alone (Figure 2), a tonnage to approximately 400 metres depth of between 1.7 and 3.0 billion tonnes of magnetite–bearing gabbro containing an average 20 to 35% magnetite"

    Block 1 is roughly 4KM long by about 1.8KM wide.

    If you look at figure 2 which shows where they had the gravitic anomalies you'll notice about a quarter of block 2 with similar readings (so maybe 250 MT) plus an unnamed block to the left (maybe 4-500MT) also shown. Figure 2 here:
    MXR tenements

    Maximus has tenements which are roughly 40KM x 70KM:
    MXR tenements

    Could there be more Canegrasses/Windimurras in the area?

    Cheers,
    Richard.
 
watchlist Created with Sketch. Add MXR (ASX) to my watchlist
(20min delay)
Last
2.9¢
Change
0.001(3.57%)
Mkt cap ! $12.41M
Open High Low Value Volume
2.9¢ 2.9¢ 2.8¢ $13.54K 468.4K

Buyers (Bids)

No. Vol. Price($)
2 774795 2.9¢
 

Sellers (Offers)

Price($) Vol. No.
3.0¢ 33334 1
View Market Depth
Last trade - 15.03pm 28/06/2024 (20 minute delay) ?
MXR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.