Maximus Resources Limited ('Maximus' or the 'Company', ASX:MXR) is pleased to announce the commencement of an 1,500m Reverse Circulation (RC) drill program at the Hilditch Gold Project (Hilditch) located on granted mining tenement ( 90% Maximus, 10% Bullabulling Pty Ltd) located 25km from Kambalda, Western Australia.

Maximus' Managing Director, Tim Wither commented 'This RC program drilling aims to bring more of the resource into the higher confidence JORC indicated category, whilst completing representative holes for additional metallurgical testing to determine gravity recoveries, grind size and reagent consumption for optimal gold recovery. The Company continues to make consistent improvements in Mineral Resource classifications, through efficient drilling, and as our geological understanding of the deposits continues to grow, so does the potential across Maximus' fertile tenements. Hilditch's shallow gold resource represents a potential near-term gold production opportunity for Maximus, located on a granted mining tenement next to the Coolgardie-Esperance Highway, and within a short trucking distance to several regional gold processing plants. With the completion of a flora and fauna survey, the Company has commenced preparations for the Mining Proposal and Mine Closure submission for open-pit mining operations at Hilditch.

HILDITCH GOLD PROJECT

Hilditch is just one of the several highly prospective regional gold deposits in the Company's Spargoville tenements and is ideally located adjacent to the state highway and proximal to several toll-treating processing plants. The 19,500 oz Au @ 1.3 g/t Au Hilditch Mineral Resources Estimate (MRE) is shallow, with mineralisation commencing at the surface and open at depth with significant strike extension to be tested (ASX:MXR announcement 19 December 2023). Gold mineralisation at Hilditch is interpreted to be associated with a structurally controlled contact between mafic/ultramafic and volcaniclastic units. Minor interflow sediments are observed within the mafic and ultramafic sequence, similar to that seen within the Company's Wattle Dam Gold Project

Contact:

Tel: +61 8 7324 3172

Email: info@maximusresources.com

Web: www.maximusresources.com

ABOUT MAXIMUS

Maximus Resources Limited (ASX:MXR) is an Australian mining company focused on the exploration and development of high-quality gold, lithium, and nickel projects. The Company holds a diversified portfolio of exploration projects in the world-class Kambalda region of Western Australia, with 335,000 ounces of gold resources (ASX 19 December 2024) across its granted mining tenements. Maximus is actively growing these Resources while also progressing toward gold production. With a commitment to sustainable mining practices and community engagement, Maximus Resources aims to unlock the value of its projects and deliver long-term benefits to its stakeholders.

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