MXR 3.33% 3.1¢ maximus resources limited

Ann: Quarterly Report & Appendix 5B, page-22

  1. 4,165 Posts.
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    The market imo missed what is going on at S5 in the last set results. As has been stated since, they didn't drill deep enough on quite a few of the holes. The company seems to be very encouraged by what they saw at S5, so much so that it move up the list in areas to be drilled by the diamond rig. Initially they were going to come back to S5 at a later date but decided to do more drilling there after the last set of results. In my understanding moving the rig off Redback area to put more holes in and extend the ones they felt weren't drilled deep enough.

    It appears that the company feels they are onto something very interesting at S5, lets see what the drills turn up.
 
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