Maxus Mining Advances Exploration at the Lotto Tungsten Property in British Columbia, Canada, with 2025 Results and Ongoing Target Development

Executive Summary

• Maxus Mining released analytical results from its 2025 reconnaissance program at the Lotto Tungsten Property, highlighting tungsten and molybdenum anomalies in quartz veining.
• Grab samples returned up to 105 ppm Mo and 21 ppm W, with historical data showing a historic 10.97 % WO₃ assay from a 1980 grab sample.
• The company plans further systematic rock sampling, detailed mapping, and airborne geophysical surveys to expand the dataset and refine targeting for future work.

Key Details

• Program Overview: 2025 field reconnaissance conducted by Palliser Exploration Ltd., integrating historic drilling into a centralized 3D geological model.
• Location Advantage: Property lies ~20 km west of Castlegar, BC, adjacent to Highway 3, offering excellent infrastructure access.
• Historical Highlights:
• “Loto 3” quartz vein – 9 m wide with scheelite mineralization.
• Historic grab sample (1980) from Loto 3 returned 10.97 % WO₃ (high‑grade threshold >1.0 %).
• 2025 Sample Results (Grab Samples, not representative of bulk grades):

• Total of 67 samples collected; seven shown above are highlighted for their notable Mo/W values.
• Sample preparation and analysis performed by AGAT Laboratories (ISO‑9001:2015, ISO/IEC 17025 accredited) using standard ICP‑OES, fire assay, and QA/QC protocols.
• Future Work: Planned systematic rock sampling, detailed geological mapping, and airborne geophysical surveys to increase spatial coverage and sample density, aiming to refine the 3D model and improve interpretive confidence.

Notable Quotes

“The Lotto Property is beginning to demonstrate the characteristics we look for in a prospective critical minerals project,” said Scott Walters, CEO of Maxus Mining. “These early results, combined with compelling historical data, are helping us define a clear path forward.”