Maxus starts historical drill data compilation program

Executive Summary

• Maxus Mining Inc. has initiated a historical desktop compilation program across four critical minerals properties in British Columbia, Canada, aiming to unlock value from legacy exploration data.
• The initiative involves digitizing and integrating nearly 150 historical drill holes into a modern 3-D workspace to refine geological interpretations, identify new targets, and accelerate exploration decisions.
• This data-driven approach supports the company's 2025-2026 exploration programs, including drill targeting and geophysical integration, with the goal of preparing for future NI 43-101 compliant technical reporting.

Key Details

• Scope of Compilation: The program covers four critical minerals properties in British Columbia, encompassing nearly 150 historical drill holes.
• Data Integration: The company is converting fragmented historical datasets (collar locations, downhole surveys, lithologies, and assay results) into digital 3-D workspaces.
• Strategic Objectives:
  • Rapidly identify new exploration targets.
  • Refine geological interpretations.
  • Accelerate high-value exploration decisions.
  • Fast-track development across the critical mineral asset pipeline.
• Future Planning: The 3-D compilation directly supports 2025 to 2026 exploration programs, specifically prioritized drill targeting, geophysical integration, and early-stage modeling required for NI 43-101 compliant technical reporting.
• Portfolio Context (Historical Data Highlights):
  • Alturas Antimony Project: Recent discovery returned high-grade naturally occurring antimony up to 69.98% Sb.
  • Hurley Antimony Project: Adjacent to Endurance Gold Corp.'s Reliance project; 2024 drilling reported 19.2% Sb and 2.16 ppm Au over 0.5 m.
  • Quarry Antimony Project: Historical polymetallic samples grading 0.89 ppm Au, 3.8% Cu, 0.34% Zn, 42.5% Pb, 0.65 ppm Ag, and 20% Sb.
  • Lotto Tungsten Project: 1980 grab sample from a scheelite-bearing quartz vein assayed 10.97% WO3.
  • Penny Copper Project: Over 100 years of recorded exploration; 2017 sampling returned copper values of 1,046 ppm, 1,808 ppm, and 2,388 ppm.
• Qualified Person: Morgan Verge, PGeo, has reviewed and approved the scientific and technical information, though she notes that historical results from unrelated operators have not been verified by the company.

Notable Quotes

• "This compilation program is about unlocking value that's already in our hands," said Scott Walters, chief executive officer of Maxus Mining. "By digitizing and integrating these historical drill holes into our 3-D workspaces, we're creating a modern, data-rich foundation that will drive our next phases of exploration and discovery across British Columbia's critical mineral belts."