Maxus Mining Announces Positive Results from 2025 Exploration Program at Penny Copper Project in British Columbia
Globenewswire·2025-12-09 13:00

Core Insights - Maxus Mining Inc. has announced positive results from its 2025 Exploration Program at the Penny Copper Project, located in British Columbia, near the Sullivan Mine [1] Exploration Program Summary - The 2025 Exploration Program included a MobileMT Survey that confirmed prospective trend continuity and identified copper anomalism across the Project [5] - A total of 519 line-kilometres were flown in the Survey over a 46 square-km area, revealing laterally continuous conductive horizons and localized steep conductors suggesting potential for Cu-Ag mineralization [5] - The field team collected 37 rock samples and 264 soil samples, with significant findings including a rock sample that assayed 0.34% Cu [5][8] MobileMT Survey Highlights - The MobileMT Survey was designed to map bedrock structure and lithology, revealing high magnetic susceptibility values correlated with resistive domains, particularly in magnetite-bearing arenite beds [5] - The survey identified areas where magnetite-bearing arenite and potassic alteration align with known copper showings [5] Field Program Highlights - Soil sampling grids were completed at 50 metre line spacing, revealing broad trending anomalous zones oriented NW and NE [5] - The east grid displayed significant copper anomalies, while the smaller west grid followed up on historic elevated copper signatures [5] Marketing Extension - The Company has increased its advertising budget with RMK Marketing Inc. to $500,000 CAD, enhancing its marketing efforts for the next six months [9][10] Company Overview - Maxus Mining Inc. is focused on mineral exploration in premier jurisdictions, with a portfolio of approximately 15,098 hectares across British Columbia [11] - The portfolio includes multiple projects, such as the Alturas Antimony Project, which has reported high-grade antimony, and the Lotto Tungsten Project, with significant tungsten assays [12][14]

Maxus Mining Announces Positive Results from 2025 Exploration Program at Penny Copper Project in British Columbia - Reportify