13 oz gold nugget announced in the quarterly at the Selheim gold...

13 oz gold nugget announced in the quarterly at the Selheim gold production. 9cm in length. MXR achieves premium prices for nuggets. (higher than gold spot price)
Largest to date.
Proves there's decent sized nuggets at Selheim.

65% increase in the grade since last quarterly.

Gold sales at average price of $42.97 per
gram

Gold price currently at $44.16 per gram or $1,373 an oz.

At the Adelaide Hills gold project...
"Hole No. 3 targeted the Southern Shoot, and intersected quartz carbonate?chalcopyrite vein over a one metre interval. Assay results are awaited. The fourth hole of the initial program is designed to intersect the Northern Shoot, beneath the deepest of the historical workings. This hole is currently in progress"

Hole No. 2 "an intersection of 3 m at 30.3 g/t Au

At Narndee, "The ground surveys are expected to commence within the next two weeks."

"Subsequent to the completion of the quarter, Maximus received a rebate of $332,000 under the Federal Government?s Research and Development Tax Concession Program.