MXR maximus resources limited

Ann: MXR commences additional gold infill resource drilling, page-2

  1. 2,574 Posts.
    lightbulb Created with Sketch. 4962
    This is shaping up well!
    Loving all the updates
    IMO we won't be at these levels for much longer...

    18thNovember 2016
    Maximus commences additional gold infill resource drilling
    at Larkinville Project in Western Australia
    HIGHLIGHTS
    • 13 hole Reverse Circulation drilling program has commenced
    • drilling to concentrate on upgrading inferred resource to indicated category
    • samples for metallurgical testing to be collected during the drilling program
    • Larkinville ore intended for mining and processing through Maximus’ newly acquired Burbanks
    gold treatment plant
    • Assay results expected within 2-3 weeks of program completion.
    Maximus Resources Limited (ASX:MXR) is pleased to update shareholders of progress at its Larkinville Gold Deposit following the announcement of a Maiden Mineral Resource estimate at Larkinville totalling
    10,660 ounces (ASX announcement on the 7th of November 2016).
    An infill drilling program has commenced at Larkinville aiming to increase the resource tonnes and
    convert inferred tonnes to the Indicated category resulting in a revised Mineral Resource estimate. It is
    anticipated that a revised Mineral Resource estimate for Larkinville will be calculated in Q1, 2017.

    Cheers

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