Maxus Mining Advances Canadian Antimony Project with Aerial Survey

Maxus Mining begins a high-resolution airborne geophysical survey at its Alturas property to define precise drill targets, advancing the project amid a weak share price.

Maxus Mining has initiated a high-resolution aerial survey at its Alturas antimony property in British Columbia. This technical program is designed to pinpoint precise drilling targets for the upcoming field season. The move represents a disciplined, science-driven approach to exploration, as the company seeks to methodically assess the potential of its Canadian holdings during a period of weak share price performance.

A Methodical Approach to Subsurface Mapping

The geophysical survey is being conducted by specialist firm Geotech Ltd., utilizing electromagnetic technology capable of penetrating up to 500 meters beneath the surface. The program will cover more than 300 line-kilometers across the Alturas West and Alturas East blocks. Its primary objective is to detect specific geophysical signatures that may reveal the structural controls of antimony mineralization on the property.

Chief Executive Scott Walters described this phase as essential for the project's disciplined advancement. A tight schedule is being followed, with data delivered daily and subjected to external quality control before any heavy drilling equipment is mobilized. The key question is whether this modern sensing technology can provide crucial clues about ore zones that have remained concealed until now.

Project Context and Market Performance

The Alturas project is the central asset within a broader 15,000-hectare land package located in a prospective mining region. While high-grade, naturally occurring antimony has already been identified on the property, no formal resource estimate currently exists. The ongoing campaign aims to generate the necessary data to advance the asset toward systematic drill testing and a potential future resource definition.

This operational progress has yet to be reflected in the company's market valuation. The stock is under significant pressure, showing a decline of approximately 24 percent over the past month. With a Relative Strength Index (RSI) reading of 25.0, the shares are technically in oversold territory, while also exhibiting high volatility of around 70 percent.

Next Steps and Timeline

Maxus Mining intends to complete the airborne survey programs in full before the spring of 2026. Insights gained about the subsurface geology will directly inform the prioritization of subsequent ground-based work. This process establishes the scientific foundation for the next phase of physical exploration, which is scheduled for the coming months.

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