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Maxus Mining Consolidates the Quarry Project through Acquisition of the Beveley Property in Northern British Columbia
Globenewswireยท2025-09-26 21:30

Core Viewpoint - Maxus Mining Inc. has entered into a Mineral Claims Purchase Agreement to acquire a 100% interest in the Beveley Property, enhancing its portfolio in British Columbia with significant mineralization potential [1][4]. Acquisition Highlights - The Beveley Property consists of two mineral claims covering 108 hectares, contributing to the Company's total property portfolio of 15,098 hectares across various projects [1][3]. - The acquisition was completed for a cash payment of CDN$10,000, with no finders' fee involved [10]. Property and Mineralization Details - The Quarry Project, now expanded to 2,740 hectares, is strategically located and has a history of mineralization, including high-grade samples of lead, zinc, and silver [4][5]. - Historical sampling from the Beveley Property has shown high-grade potential, with notable assays including 20% antimony, 42.5% lead, and 3.8% copper [5][24]. - Historic drilling results indicate significant mineralization, with averages such as 23.6 meters of 1.83% lead and 2.82% zinc [7]. Future Exploration Plans - The Company plans to advance exploration efforts, including integrating geological data into a 3D GIS environment and conducting ground reconnaissance to validate historical work [12][10]. - Work required to upgrade the historical estimate includes confirmatory drilling and modern analytical methods to meet CIM standards [9][8]. Company Overview - Maxus Mining Inc. focuses on locating, acquiring, and developing economic mineral properties, with a diverse portfolio that includes antimony, tungsten, and copper projects [22][24].