May 19 2017
Maxtech Ventures Inc. is pleased to report that it is expanding exploration activities on Juina claims in Mato Grosso, Brazil.
Maxtech's auger drilling program is being rapidly expanded and carried out on the pre-selected zone at the DNPM 866 271/2017, focusing on sub surface occurrences of manganese bearing cobble horizons up to 60 cm in thickness. Details of the high-grade manganese analyses were announced by the Company in a news release on April 28th. , showing assay values of 52.9% Mn, 55.9% and 51.5% Mn. Additional follow-up with drilling and prospecting near positive holes from Phase 1 exploration will continue. Basic topographic surveys of areas with positive results, combined with a series of lateral holes to address continuity and tonnage will be part of this next phase of work on the ground in Juina.
Due to the positive results the Company will be adding to the team in Brazil immediately. Mapping and delineation of the mineralised zones in addition to the ongoing prospecting is key to future exploration activities on the Juina claims and other acquisitions in Brazil.
Peter Wilson, CEO of Maxtech said, "In order to capitalize on the recent exploration success on our Juina claims it is imperative we expand the scope of our operations. Our Brazilian team is already finding new areas with exactly the same type of mineralisation we encountered previously. We anticipate phase 2 results in the coming weeks."
The technical information contained in this news release has been reviewed and approved by Mr. John Harper B.Sc., P.Geol, who is a Qualified Person with respect to Maxtech's manganese projects as defined under National Instrument 43-101.