Maxus Mining finds favourable antimony and gold grades at surface

The junior is exploring British Columbia’s Bralorne Mining District

Rowan Dunne

Published

1 hour ago

Maxus Mining Inc (CNSX: MAXM) (FRA: R7V) reported discovering considerable antimony mineralization on the west coast of Canada this week.

Palliser Exploration, employed by Maxus to complete a reconnaissance field program at the company’s Hurley mining property in British Columbia, pulled up a grab sample with 9.33 per cent antimony. It was discovered in a mineralized quartz vein within talus material. Talus material refers to loose rock fragments that accumulate at the base of a steep cliff, mountain slope or chute.

Surface samples of antimony containing approximately 10 per cent or higher are widely viewed as high grade in the industry. Antimony (Sb) is a critical mineral essential for numerous military tech applications, semiconductors, batteries, alloys and flame retardants. Its elevated price and demand has inspired Maxus and many other junior explorers to make it their number one focus.

Antimony Resources Corp (CNSX: ATMY) (OTCMKTS: ATMYF) (FRA: K8J0), NevGold Corp (CVE: NAU) (OTCMKTS: NAUFF) (FRA: 5E50) and Trigg Minerals Ltd (ASX: TMG) (OTCMKTS: TMGLF) (FRA: ATA) are a few others of note working within Canada and the United States.

Samples produced by Palliser on behalf of Maxus also yielded gold grades as high a 11.6 grams per tonne. Chief executive Scott Walters says the results have given the company optimism for follow-up exploration. However, it should be noted that grab samples are selective and may not be representative of broader mineralization.

“High-grade antimony and gold mineralization identified at surface, combined with compelling historical datasets, demonstrate the potential importance of Hurley within our antimony-focused portfolio,” Walters stated in a news release on Dec. 30.

Hurley lies directly south of Mary Mac, a past-producing mine site that churned out approximately four tonnes of stibnite ore per day at one point during the 1970s. Additionally, the company’s Alturas project resides within a district that was once home to one of the nation’s most prolific antimony mines.

“What sets us apart is that we’re taking a modern data-driven approach to a historically productive area,” Walters said in an interview last month.

Maxus’s portfolio is antimony-centred while also prioritizing tungsten and copper. The prospector is currently exploring two other British Columbia Sb properties: Alturas and Quarry. For tungsten and copper, two other commodities that have been in the spotlight recently, Maxus is developing the Lotto and Penny mine sites, also situated within the province. They collectively span approximately 37,000 acres.

Maxus completed its initial public offering on May 8 last year. The company now trades stock on the Canadian Securities Exchange and Frankfurt Stock Exchange. Stock opened around C$0.40 at launch and rose to C$1.42 by year-end.

We’re converting historical drill records into a modern 3D workspace to accelerate antimony exploration on our Maxus Mining properties. The resulting 3D compilation will directly support Maxus’s 2025–2026 exploration programs, including prioritized drill targeting, geophysical… pic.twitter.com/kRjoRurtdP

— Scott Walters (@swalters) November 20, 2025