Maxus Mining Significantly Expands Land Holdings at the Lotto Tungsten Project in British Columbia, Canada

Core Viewpoint - Maxus Mining Inc. has expanded its land holdings at the Lotto Tungsten Project by an additional 2,633 hectares, increasing the project size by 600% and preparing for a Phase 1 Exploration Plan [1][2]. Group 1: Project Expansion - The Lotto Tungsten Project now spans over 14 kilometers of stratigraphy favorable for tungsten mineralization [2]. - The total area of the project is now 3,054 hectares, located in a mineral-rich district of British Columbia [3][10]. - The project contains the historic Lotto 3 showing, which features scheelite mineralization within a quartz vein [3][5]. Group 2: Historical Data and Geological Context - A grab sample taken in 1980 from a quartz vein with scheelite assayed 10.97% WO3 [5][12]. - Historical surveys, including a 2006 helicopter-borne geophysical electromagnetic survey, indicated the presence of Paleozoic argillaceous quartzites and argillites, suggesting a favorable geological setting for tungsten mineralization [5]. - The geological setting includes metamorphosed sediments intruded by various igneous bodies, which are conducive to the formation of tungsten deposits [5]. Group 3: Company Overview - Maxus Mining Inc. focuses on locating, acquiring, and developing economic mineral properties in premier jurisdictions, with a portfolio of approximately 14,355 hectares [10]. - The company is actively compiling historical data to inform its exploration strategy for the Lotto Tungsten Project [1][2].