Maximus Resources returns high Hilditch gold recoveries

Proactive - Interviews for investors

Maximus Resources Ltd (ASX:MXR) managing director Tim Wither sits down with Proactive’s Jonathan Jackson to discuss positive preliminary metallurgical test results for its Hilditch Gold Project, 25 kilometres from Kambalda, Western Australia. The tests have confirmed that the 19,500-ounce Hilditch gold resource is free-milling and can be processed using conventional cyanide extraction methods. Gold recovery rates from the initial metallurgical test work ranged from 91.4% to 95.8% through accelerated cyanide leach analysis. The testing involved ore-grade intervals from the Hilditch open-pit resource, covering oxide, transitional and fresh mineable ore grades, ensuring comprehensive spatial representation. The project, on granted mining tenements M15/1448, benefits from ready access to infrastructure and multiple toll-treating options within 60 kilometres. Additionally, a Flora and Fauna Survey has been completed in preparation for a mining proposal application. Seven composite samples from reverse circulation drill intersections were used for metallurgical testing, reflecting a variety of gold grades and weathering stages. Gold mineralisation at Hilditch is linked to structurally controlled contacts between mafic/ultramafic and volcaniclastic units, similar to the Wattle Dam Gold Project. The initial test work by Intertek Minerals in Perth analysed cyanide-extractable gold and estimated recovery rates for conventional CIL processing. Maximus Resources plans to proceed with a drill program this month to upgrade the resource into the higher confidence indicated category. This will include further metallurgical testing for gravity recoveries, grind size and reagent consumption. Following the drill results, the company may start a development study and submit a Mining Proposal. Wither highlighted the importance of early metallurgical performance testing and emphasised the near-term production potential of Hilditch, given its advantageous location and proximity to regional gold processing plants. #ProactiveInvestors #MaximusResources #ASX #HilditchGoldProject #GoldMining #MetallurgicalTesting #GoldRecovery #MiningExploration #WesternAustralia #CyanideExtraction #GoldProcessing #MiningDrilling #GoldProduction #MineralResource #GoldMineralisation #MiningProposal #ResourceExtension #JORCCompliance #MiningInfrastructure #GoldGrades #GoldRecoveryRates #MineralExploration #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews