Maximus Resources Limited's (ASX:MXR) Tim Wither introduces the explorer and its new management team to Proactive's Andrew Scott. Maximus has refocused its efforts on the 48 square kilometres of granted mining licences held across the Spargoville Shear Zone, which hosts the high-grade historic Wattle Dam gold mine. The company recently completed a strongly supported bookbuild raising $3.18 million via a placement of 31,578,947 fully paid ordinary shares to institutional, sophisticated and existing shareholders. Funds will accelerate exploration program at prospects around Wattle Dam Gold Mine, allow further exploration across the company’s Spargoville tenements and the completion of studies required for the Larkinville and Eagles Nest resources approved for mining.
Maximus Resources' Tim Wither talks exploration plans as it gears up to drill the S5 target
Quick facts: Maximus Resources Ltd
Price: 0.15 AUD
Market Cap: $17.99 m
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