Maxus Mining talks historical sampling at Lotto

Mr. Scott Walters reports MAXUS MINING REPORTS ON EXPLORATION INSIGHTS AT THE LOTTO PROJECT IN BRITISH COLUMBIA Maxus Mining Inc. has provided a summary of exploration highlights at its 3,054-hectare Lotto project in British Columbia. The company has completed a comprehensive review of more than 15 historic assessment reports outlining several historic critical mineral occurrences and prospective polymetallic exploration targets for tungsten and other critical metals. Key highlights: High-grade tungsten mineralization: Historical samples containing visible scheelite mineralization at the Loto 3 showing returned assays up to 10.97 per cent WO3 (tungsten oxide). Polymetallic potential: Historical geochemical soil sampling identified anomalous zones of molybdenum, copper, silver, zinc and tungsten in the Midas showing area, associated with key structural controls. Prime jurisdiction and location: Lotto is road accessible, strategically located along the Crowsnest highway in the Trail Creek mining district less than 20 kilometres away from Castlegar, B.C. Scott Walters, chief executive officer of the company, commented: "The historical results at the Lotto property provide a compelling indication of the strong discovery potential we see across the project. With encouraging molybdenum, silver and copper values in the Midas area alongside occurrences of high-grade tungsten at the Loto 3 area, the project offers exposure to both traditional and critical minerals. These results reinforce our confidence that Lotto can deliver meaningful value as we unlock its multimetal potential through modern exploration." About the Lotto project The project comprises 3,054 hectares of critical mineral exploration ground in the Kootenay region and Trail Creek mining division of British Columbia, a prolific mineral district with excellent infrastructure supporting continuing exploration and development. The project lies 19 kilometres west-southwest of Castlegar, accessible directly from the Crowsnest Highway. Geologically, the project is underlain by rocks of the Coryell plutonic suite, with prominent east-west-trending breccia zones crosscutting the intrusive package. Younger quartz and quartz-magnetite vein stockworks overprint the country rocks and older breccias and are particularly developed along the margins of the breccia structures. The structural complexity of the area provides ideal conduits and controls on mineralization. Molybdenite mineralization has been reported within and along the edges of breccia zones as well as within shear zones associated with chlorite-magnetite alteration. The project hosts two historical showings of note. The Loto 3 showing, located in the southeastern portion of the project, consists of scheelite (Ca(WO4)) mineralization within a nine-metre-wide quartz vein exposed along a highway road cut. The Midas showing, in the northwestern portion of the project, consists of mineralized quartz-rich granite (alaskite) skarn. Alaskite skarns are often associated with economically important deposits of tungsten and other metals, highlighting the mineral potential of this area. The company's technical team has reviewed more than 15 historical assessment reports covering the project and compiled data and information into a centralized GIS (geographic information system) database. Much of the historical work was focused on the Midas and Loto 3 showings, providing a valuable foundation for modern exploration programs. Midas showing Historical geophysical and geochemical soil surveys outlined several anomalous zones for molybdenum, copper, silver, zinc and tungsten in the Midas area of the project. Critical metal anomalies coincide with mapped breccia zones on the project. Biochemical sampling in 1973 in the area uncovered one result of 9,500 parts per billion molybdenum. A diamond drill program tested a number of anomalous zones in 1973, outlining several wide mineralized breccia zones, containing molybdenum, copper and silver (please see Table 1). The drilling confirmed the structural control on mineralization within east-west-trending breccia zones, which remain open and underexplored. Loto 3 historical highlights Historical mapping on the project outlined a 10-metre-wide zone of quartz veining hosting varying amounts of scheelite mineralization. Additionally, a historical pit about 60 metres north of the quartz zone also contains samples containing notable scheelite mineralization. One sample collected from this pit (pit sample; Table 2), assayed 10.97 per cent tungsten oxide. Qualified person statement The scientific and technical information contained in this news release has been reviewed, verified and approved by Morgan Verge, PGeo, technical adviser of the company and a qualified person as defined in National Instrument 43-101, standards of disclosure for mineral projects. Ms. Verge has examined information regarding the historical exploration at the project, which includes a review of the historical sampling, analytical and procedures underlying the information and opinions contained herein. Management cautions that historical results collected and reported by operators unrelated to Maxus have not been verified or confirmed by its qualified person; however, the historical results create a scientific basis for continuing work at the project. About Maxus Mining Inc. Maxus Mining is a mineral exploration company focused on locating, acquiring and, if warranted, developing economic mineral properties in premier jurisdictions. The company is working toward progressing its diverse portfolio of exploration properties, which now includes approximately 15,098 hectares of prospective terrain comprising 8,920 hectares amongst three antimony projects, 3,123 hectares encompassing the Penny copper project and the remaining 3,054 hectares comprising the Lotto tungsten project. The Penny copper project covers approximately 3,123 hectares and has seen exploration activity throughout the past 100-plus years with recent work, including rock sampling and minor geological mapping. The Penny copper project is located near the major past-producing Sullivan mine at Kimberley, B.C., an area that has stimulated both junior and major exploration company activities in the past year. Additionally, the Penny copper project saw a 2017 work program return 17 grab samples, which returned copper values up to 1,046 parts per million copper (TK17-149c), 1,808 parts per million copper (TK17-28) and 2,388 parts per million copper (TK17-12). At the Quarry antimony project, in well-established British Columbia, Canada, one historical sample taken assayed 0.89 part per million gold, 3.8 per cent copper, 0.34 per cent zinc, 42.5 per cent lead, 0.65 part per million silver and 20 per cent antimony. A selected grab sample taken in 1980 at the Lotto tungsten project from a quartz vein with scheelite assayed 10.97 per cent WO3. Additionally, the Alturas and Hurley antimony projects are strategically positioned: The Alturas project had a recent antimony discovery that saw high-grade naturally occurring antimony with assays up to 69.98 per cent; Hurley neighbours Endurance Gold Corp.'s Reliance gold project, which saw antimony results from 2024 work programs include 19.2 per cent antimony and 2.16 parts per million gold over 0.5 metre encountered during the 2024 drilling program. We seek Safe Harbor.