Articles On Maximus Resources (ASX:MXR)

Gold price to hit $US2,200 as stagflation fears take hold U.S. and allies officially prohibit all transactions with Russia involving gold, one of its financial lifelines. Will it work? Gold price rebounds over past week to $US1,960/oz Our...

Maximus Resources has intersected several sulphide intervals and zones of fuchsite alteration with XRF analysis, confirming anomalous nickel concentrations at its Hilditch West project near Kambalda.

War gossip/news remains the main driver of gold prices. The precious metal is having one of those volatile weeks where unless they timed their entry and exit perfectly, investors probably had a tough time whether long or short, says OANDA s...

A good week for gold, which is up 1.04% to ~$US1,940/oz at time of writing. History shows us war doesn’t usually trigger an extended rally, but news flow – or lack thereof – coming out of Ukraine continues to be the biggest influence on the...

Investors generally buy gold as a way of diversifying risk when s..t hits the proverbial fan. That’s why the precious metal appears to perform well in times of war or political instability. Conversely, stocks and bonds perform best in a sta...

The Western Australian Government has continued its investment in mineral exploration by adding considerable funding to the Exploration Incentive Scheme (EIS). Applications open today for Round 25 of the EIS’ highly popular co-funded drilli...

Alas. After teasing gold bugs with a push through $1,840/oz over the past week, we are now back below ~$US1,800/oz. Gold stocks can’t seem to catch a break. What gives? I don’t get it. PM miners didn’t even get the windfall of the market w...

Global silver demand hit ~1.02 billion ounces in 2021, the first time it has breached 1 billion since 2015, according to the Silver Institute. Of that, industrial demand hit a new high of 524 million ounces. And of that, photovoltaic (solar...

Maximus Resources’ has unveiled a new high-grade gold zone approximately 300 metres below its known Redback gold resource at the company’s Wattle Dam project near Kambalda in WA.

Maximus reports the completed drill holes demonstrate a strong potential for high-grade gold mineralisation from surface to more than 500 metres vertical depth at the Redback gold deposit.

Gold is holding steady above US$1,800/oz – currently trading at US$1816.60. Some players are confident the gold market will trend net positive next year as the market digests the reality of the past 24 months. But commodity analysts at J.P....

With gold spending most of the past week hovering around the US$1,800/oz (A$2,485/oz) mark, speculation has turned away from whether the precious metal can hold its gains to asking if it can test hit the US$1,850/oz mark. Gold is currently...

Maximus Resources has tallied multiple visible gold occurrences in recent WA government co-funded diamond drilling at its Redback gold prospect near the historic high-grade Wattle Dam gold mine.

Former producer Altura has a couple of new lithium exploration projects Maximus Resources hits visible gold Revolver uncovers ‘high priority’ copper anomaly at Diane project Here are the biggest resources winners in early trade, Wednesday...

Maximus Resources (MXR) has intersected visible gold within the diamond drill core at its Redback Gold deposit in WA The current diamond drill series has started the second phase of work, targeting resource diamond drilling, infill drillin...

Confidence continues to grow that Redback has the near-term potential to be developed into another high-grade gold mine in the Wattle Dam corridor.

Stockhead’s Top 10 at 10, published at 10.15am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

It’s been fairly choppy for precious metals this year, with economic recovery, rising nominal yields and the potential for rate hikes dampening investors’ appetite for gold. But on the flip side, new virus variants, fears of stagflation and...

US Fed chair Jerome Powell finally admitted that inflationary pressures weren’t going to be as sh­­ort-lived as perhaps expected. Earlier this week Powell surprised markets by suggesting it would be appropriate to drop the phrase “inflation...

Following a 7.6% surge from late September, the price of gold briefly hit five-month highs of ~$US1,872/oz on fears that current high inflation levels are more than ‘transitional’. Gold is an ‘inflation hedge’; an investment that ostensibly...

Selected intervals of core have been submitted for multi-element assaying, with results to be released once received.

Maximus Resources has locked onto multiple high priority nickel targets at its 100 per cent owned Central nickel prospect located a short 25 kilometre drive from BHP’s Kambalda Nickel Concentrator in WA.

“The priority conductors are in very prospective stratigraphy and located between the two historic nickel mines. These targets have never been drilled and Maximus has incorporated these new highly prospective zones into the ongoing explorat...

Following a 7.6% surge from late September, the price of gold is now sitting ~$US1,860/oz for the first time since June. The Aussie price is looking even better, which is great news for our local producers: USD (dark) and AUD (light) gold p...

Maximus Resources is closer to defining an open-pit-able gold resource at its Redback deposit with recent drilling at Redback returning a bevy of shallow high-grade numbers including 7m at 7.0 g/t gold.

Maximus Resources (MXR) intersects high-grade gold from reverse circulation (RC) drilling at the Redback deposit in Western Australia A total of 920 metres of drilling was undertaken to test the shallow extent of the high-grade gold shoot...

The latest drilling results further support the commencement of the second phase resource drill program at Redback.

Maximus Resources has embarked on a 7,000 metre multi-target diamond drilling crusade at its Hilditch West nickel target in WA. The company will start the program with a 500m hole targeting strong magnetic anomalies along strike from previo...

The team is on the hunt for a Kambalda-style nickel discovery just 25 kilometres from BHP’s nickel concentrator.

Maximus Resources (MXR) has launches a diamond drilling program at its Hilditch West nickel target in the Kambalda district of Western Australia A roughly 7000-metre drilling program will seek to build on an earlier reverse circulation pro...

Maximus Resources says a detailed piece of geological detective work has confirmed the nickel sulfides at its Hilditch West project near Kambalda resemble the nickel sulfides that put Kambalda on the geological map many years ago.

The Hilditch West nickel target remains a priority target for the company given the anomalous nickel intersections, confirmed nickel sulphide mineralogy and the proximal conductor which has not been adequately tested by legacy drilling.

Maximus Resources has placed itself firmly in the starting blocks after releasing a maiden mineral resource of 23,800 ounces at its Wattle Dam Stockwork gold prospect near Kambalda in WA. Wattle Dam’s resource grade sits at 1.15 g/t gold.

The Stockwork resource estimate has boosted the global mineral resource estimate across the Spargoville project by 21%.

ASX-listed junior gold and nickel explorer Maximus Resources has kicked off a large-scale ground-based electromagnetic geophysical survey at its Central nickel prospect about 25 kilometres south-west of BHP’s nickel concentrator in the worl...

The junior explorer is out to define the prospectivity of one of its highest priority targets with a geophysical survey as it hunts for Kambalda-style nickel mineralisation in WA.

Maximus Resources is set for a 7,000m multi-target drilling onslaught near Kambalda in WA as it looks to grow its Wattle Dam gold resources that already clock in at about 112,000 ounces of contained gold across five deposits.

A diamond drill contractor has been secured for upcoming resource drill programs at Wattle Dam, Redback and drill-testing of the Hilditch West nickel target, expected on-site by the end of September.

Maximus chairman Gerald Anderson said the company was ready to take the next step after a “transformative” 2020.

The company's portfolio includes its 100%-owned Halls Creek Gold Project in the Kimberley Region of Western Australia and its 50%-owned Norseman Gold Project acquired in July 2019.

Aldoro continues to be encouraged by drilling at the VC1 target in Western Australia after the third and fourth holes also intersected massive sulphides. Hole NDD0003 intersected about 1.9m of massive sulphides while NDD0004 returned 0.9m o...

ASX-listed junior gold and nickel explorer Maximus Resources has emerged with a new major shareholder following a strategic investment by ASX-listed gold producer Pantoro in Maximus’ well supported $12 million capital raise.

The ASX 200 finished lower for the second consecutive day, falling lower by 0.94% today as COVID-19 cases continue to rise in Australia and across the globe. Health Minister Greg Hunt however said that more than 10 million Australians have...

The multi-billion dollar deal to carve out BHP’s (ASX:BHP) petroleum division into Woodside (ASX:WPL) would help the world’s biggest miner shave off some of its ESG risk while making Perth’s Woodside an international scale player in the oil...

Pantoro will help Maximus grow the existing 112,000-ounce gold mineral resource in the near term and believes the project presents a compelling opportunity.

The funds will be used to accelerate its gold and nickel strategy across the Spargoville tenements in Western Australia’s Kambalda region, near Pantoro’s Norseman project.