Maxus Mining Reports on Exploration Insights at the Lotto Project in British Columbia

Executive Summary

• Maxus Mining released a comprehensive review of historic exploration data for its 3,054‑hectare Lotto Project in British Columbia, highlighting high‑grade tungsten (up to 10.97% WO₃) and polymetallic anomalies (Mo, Cu, Ag, Zn).
• Historical drill holes and soil sampling indicate significant copper, molybdenum, and silver mineralization within breccia zones that remain open and underexplored.
• The company views the historic results as a strong scientific basis for future modern exploration programs aimed at unlocking multi‑metal value.

Key Details

• Project Overview: 3,054 ha Lotto Project located ~19 km WSW of Castlegar, BC; road‑accessible via Crowsnest Highway in the Trail Creek Mining District.
• High‑Grade Tungsten: Historic Loto 3 quartz vein (9 m wide) returned assay of 10.97 % WO₃ from a pit sample (Alaskite skarn).
• Polymetallic Potential – Midas Showing:
• Historical geochemical soil surveys identified anomalous zones for Mo, Cu, Ag, Zn, and W.
• 1973 biochemical sampling recorded 9,500 ppb Mo.
• Historical Drill Hole Highlights (Table 1):
• DDH‑3: 0.37 % Cu; 0.17 % Mo; 10.3 ppm Ag over 0.3 m (andesite).
• DDH‑6: 0.38 % Cu; 0.011 % Mo; 27.43 ppm Ag over 4.57 m (syenite porphyry).
• DDH‑6 (second interval): 0.035 % Mo over 3.05 m (breccia zone).
• DDH‑7: 0.15 % MoS₂ over 57.9 m; includes 0.36 % MoS₂ over 15.24 m (breccia zone in syenite porphyry).
• Loto 3 Assay Highlight (Table 2): Pit sample – 10.97 % WO₃ (Alaskite skarn, Easting 432286, Northing 5458044).
• Structural Geology: East‑west trending breccia zones within Coryell Plutonic Suite; quartz and quartz‑magnetite vein stockworks overprint host rocks, providing conduits for mineralization.
• Qualified Person Statement: Information reviewed and approved by Morgan Verge, P.Geo., Technical Advisor (NI 43‑101 qualified).
• Management Comment (CEO Scott Walters): Historical results provide compelling indication of strong discovery potential; project offers exposure to both traditional and critical minerals, reinforcing confidence in delivering meaningful value through modern exploration.

Notable Quotes

“The historical results at the Lotto Property provide a compelling indication of the strong discovery potential we see across the Project… These results reinforce our confidence that Lotto can deliver meaningful value as we unlock its multi‑metal potential through modern exploration.” – Scott Walters, CEO