MXR 5.13% 4.1¢ maximus resources limited

Ann: Completion of Legal Proceedings - 8500N paleochannel, page-2

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  1. 4,197 Posts.
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    Great work on sorting out this SPL at the Wardens court, giving MXR the right now to move towards production in this area.

    "The 8500N deposit and paleochannel have a significant amount of surrounding infrastructure and completed environmental baselines studies, reducing the timeline for gold production."

    Im speculating but this would appear to be now the forerunner for the company to get into production as they are going to do a close spaced RC program over the paleo channel in the coming weeks and due to the statement above. The paleo channel will hopefully allow the company to mine gold rather than just strip ground to then mine the 8500N deposit. Effectively making it a low cost mining project for MXR to get started with and generate $$$$. The company in time will hopefully provide more details of their specific strategy for getting into production.

    Im also looking forward to the WD offset drill results.
 
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