Maxus Mining Completes 2025 Exploration Program at the Penny Copper Project

Core Insights - Maxus Mining Inc. has successfully completed its 2025 exploration program on the Penny Copper Project, located in southeastern British Columbia, on time and under budget [1][2][5] Exploration Program Details - The exploration program included a high-resolution airborne Mobile Magnetotellurics (MMT) survey, designed with 100m line spacing and 50-60m height above ground, aimed at identifying variations in electrical resistivity related to mineralization [2] - Resourceful Geoscience Solutions (RGS) conducted soil sampling and prospecting, expanding on previous soil grids to delineate significant copper anomalies and identifying new occurrences of copper mineralization [3][5] - Interim results from the MMT survey are expected within two weeks, with complete results anticipated within two months, which will inform future exploration phases [2] Mineralization Findings - Historical exploration has identified multiple zones of high-grade copper mineralization, with recent work returning assay results of up to 1,920 ppm Cu, 41 ppb Au, and 1,310 ppm Ba over a strike length of approximately 50 meters [12][20] - New bedrock occurrences of copper mineralization were sampled, with notable grades including 0.24% copper from a sample taken from the Penny Man H showing [8][12] - The Penny Copper Project has a history of exploration activity over the last 100 years, with significant findings including copper values up to 2,388 ppm [20][13] Company Overview - Maxus Mining Inc. is focused on mineral exploration, aiming to locate, acquire, and develop economic mineral properties in premier jurisdictions, with a diverse portfolio that includes the Penny Copper Project [19][20] - The Penny Copper Project covers approximately 3,123 hectares and is strategically located near the historically significant Sullivan Mine, which has attracted exploration activities from various companies [20]