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Highlights
- Maximus Resources (MXR) reveals high-grade assays at Eagles Nest Gold Project, WA.
- Gold mineralisation spans a 3.2-kilometre strike, highlighting drill targets.
- Exploration involves mapping, rock chip sampling, and structural modelling.
Maximus Resources (ASX:MXR) has announced significant assay results from its Eagles Nest Gold Project, located in the Kambalda-Widgiemooltha region of Western Australia’s Eastern Goldfields. The company’s follow-up rock chip sampling campaign has yielded promising gold mineralisation, further extending the prospective zone.
The latest sampling results highlight a 3.2-kilometre strike length of gold mineralisation across the underexplored Eagles Nest gold-in-soil trend. All 24 samples taken from outcropping bedrock returned noteworthy gold assays, paving the way for targeted exploration efforts. These results were achieved on Maximus' 100% owned mining tenements, bolstering the project's resource growth potential.
Compelling Drill Targets Identified
Maximus Resources has pinpointed several high-priority drill targets both north and south of the 42,550-ounce Eagles Nest deposit, which boasts a grade of 2.0 g/t gold. These targets have been defined using historical soil sampling data, which detected highly anomalous gold-in-soils trends. The findings align with prominent aeromagnetic features and structural deformation zones, enhancing confidence in the project's exploration potential.
The strong correlation between high-grade rock chip samples and distinct magnetic features along the mineralised trend has been a major breakthrough. This discovery underscores the importance of further drill testing to confirm the scale and scope of mineralisation.
Ongoing Field Mapping and Exploration
Maximus Resources continues to refine its exploration strategy by conducting detailed field mapping and rock chip sampling along the 3-kilometre-long Eagles Nest trend. The company has also begun re-logging legacy drill cores, many of which were not previously assayed for gold, to uncover untapped potential within the project area.
Additionally, the company has secured the necessary Program of Works permits and plans to initiate scout RC drilling soon. These efforts aim to evaluate the potential of identified targets and support future exploration activities.
Historical Significance of Eagles Nest
The Eagles Nest trend carries a rich legacy, as it was near this location that the largest gold nugget in Western Australia, the 1,135-ounce “Golden Eagle,” was discovered in 1931. Despite its historical significance, the region remains underexplored due to prior nickel-focused exploration efforts.
Maximus Resources’ commitment to expanding its understanding of the gold-mineralised structures at Eagles Nest marks a promising phase for this project, positioning it as a key asset in the company's portfolio.
