Maxus Mining Unlocks Value at Silver-Rich Quarry Project with Completion of Historical Drillhole Compilation & Analysis of Historical Estimate

Executive Summary

• Maxus Mining completed a comprehensive compilation of all historic drill‑hole data for its Quarry Project in British Columbia.
• The compiled dataset will be integrated with an upcoming VTEM airborne geophysical survey to accelerate geological modeling and target definition for the Bullseye Zone.
• Historic drilling highlights include multiple intercepts with notable grades of lead, zinc, silver and occasional gold, providing a scientific basis for future NI 43‑101‑compliant resource work.

Key Details

• Compilation Completed: All available historic drillhole data for the Quarry Project have been gathered into a single database (see Figure 1).
• Geological Review Initiated: Detailed interpretation and 3D modeling will commence, incorporating the compiled drill data with an upcoming VTEM airborne survey slated for completion in the coming weeks.
• Bullseye Zone Historic Intercepts:
• Hole 77‑111 – 23.6 m @ 1.83% Pb, 2.82% Zn, 56.2 g/t Ag
• Hole 78‑251 – 13.0 m @ 0.65% Pb, 2.58% Zn, 42.5 g/t Ag
• Hole 80‑662 – 6.91 m @ 2.42% Pb, 2.43% Zn, 87.7 g/t Ag
• Hole 80‑762 – 3.81 m @ 1.00% Pb, 3.19% Zn, 43.5 g/t Ag
• Historic Resource Estimates (non‑NI 43‑101 compliant):
• 99,781 t @ 1.42% Pb, 2.24% Zn, 36.3 g/t Ag (drill‑indicated)
• 2.72 Mt @ 3.66% combined Pb+Zn, 36.3 g/t Ag (original category not classified)
• Future Work Required to Upgrade Estimates: Desktop compilation completed; next steps include confirmatory/twin drilling, specific‑gravity testing, modern QA/QC assays, collar location verification, downhole surveys, development of a 3D geological/grade model, and QP verification to current CIM standards.
• Strategic Location: Quarry Project lies ~28 km NW of Germansen Landing, within favorable carbonate and dolomite breccia host rocks.
• Quotes: “By compiling and validating the historic drill database and integrating it with our forthcoming airborne survey, we are positioning the Project to rapidly refine targets and advance the Bullseye Zone toward a modern NI 43‑101‑compliant resource.” – Morgan Verge, P.Geo., Vice President of Exploration.

Notable Quotes

• Morgan Verge, VP Exploration: “The Project hosts a compelling critical metals system with meaningful silver, lead, and zinc mineralization demonstrated by historical drilling… we are positioning the Project to rapidly refine targets and advance the Bullseye Zone toward a modern NI 43‑101‑compliant resource.”

Materiality Assessment: Non‑Material – Positive (provides operational insight but does not constitute a material financial event).