Core Viewpoint - Maxus Mining Inc. has successfully acquired a 100% legal and beneficial interest in the Alturas West Property, enhancing its position in the antimony sector and allowing for full control over exploration and development activities [1][2][7]. Project Overview - The Alturas Antimony Project consists of two claim blocks, Alturas West and Alturas East, located in the historic Alps-Alturas antimony mine area within the Slocan Mining District [3]. - The project features a 1,300-meter mineralized corridor with quartz veins containing stibnite mineralization [3]. Historical Production - Historical production from the Alps-Alturas mine averaged approximately 57.2% antimony, with grades reaching up to 59.5% Sb [4]. Transaction Highlights - The completion of the acquisition fulfills all obligations under the Property Option Agreement with Eminence Minerals Ltd., securing full ownership of Alturas West [2][8]. - This milestone strengthens the company's strategic positioning in the antimony sector [7]. Next Steps - The company will focus on advancing exploration planning, including data integration, target refinement, and preparation for drilling programs [6][9]. - Full ownership allows for flexibility in advancing exploration, permitting, and development initiatives across the broader project [8]. Portfolio Overview - Maxus Mining's portfolio includes approximately 15,098 hectares of prospective terrain across British Columbia, with a significant focus on antimony projects [14]. - The flagship Alturas Antimony Project has reported high-grade naturally occurring antimony values, with recent discoveries showing grades up to 69.98% Sb [15].
Maxus Mining Earns 100% Interest in the Alturas West Property including the Past Producing Alps-Alturas Antimony Mine
Globenewswire·2026-03-26 12:00