Maximus Resources Limited (AU:MXR) has released an update.
Maximus Resources Limited has successfully settled legal proceedings, allowing the company to continue exploration and development of its 8500N gold deposit and associated paleochannel. The resolution involved the surrender and withdrawal of a competing Special Prospecting License, which had previously restricted Maximus’ operations within the top 50 meters of the 8500N deposit. This development is set to advance the company’s interests in the Wattle Dam Gold Project, enhancing its potential for gold resource expansion.
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