Maximus Resources (ASX:MXR) has started a detailed airborne...

Maximus Resources (ASX:MXR) has started a detailed airborne magnetic survey at its wholly-owned Welbourn Hill copper-gold project in South Australia.

The 1,200 line kilometre survey is being carried out over a discreet circular magnetic anomaly and is designed to reveal both the internal and external structure of the intrusion, and allow for further modelling.

Copper-gold bearing hydrothermal breccias known to exist at the project from previous exploration.

Drilling in 2008 by a previous explorer over the peak of the magnetic anomaly at Welbourn Hill, intersected wide zones of hydrothermally brecciated, and intensely sericite-chlorite altered Proterozoic-aged metamorphosed sandstones, with visible copper mineralisation.

The company will combine the new and historic data to determine the next exploration phase for Welbourn Hill.

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