Maxus Mining Inc.

https://www.maxusmining.com

Maxus Mining Inc. is a Canadian mineral exploration company headquartered in Vancouver, British Columbia, established in 2024. The company's core business involves the identification, acquisition, and advancement of economic mineral properties within established mining jurisdictions.

Maxus Mining focuses on critical minerals, including antimony, tungsten, and copper, which are essential for various industrial and technological applications. Its diversified portfolio encompasses approximately 15,098 to 15,342 hectares of prospective land in British Columbia, Canada. Key projects include the Alturas Antimony Project (which features the Alturas West property), the Quarry Antimony Project, the Hurley Antimony Project, the Lotto Tungsten Project, and the Penny Copper Project.

Recent activities in early 2026 include the continued reporting of strong polymetallic results from the Quarry Antimony Property and the advancement of exploration efforts at the Lotto Tungsten Property. The company also secured 100% interest in the Alturas West Property, which includes the past-producing Alps-Alturas Antimony Mine. Maxus Mining operates in British Columbia, recognized as a Tier-1 mining jurisdiction, and its strategic focus on critical minerals aligns with increasing global demand driven by electrification, artificial intelligence, and defense sectors.

Latest updates

Maxus Mining Extends Polymetallic Mineralization at Quarry Project

Event summary

  • Maxus Mining released analytical results from the 2025 field program at its Quarry Antimony Property in British Columbia.
  • Grab samples returned significant values including 60.8 g/t Ag, 3.36% Zn, and 4.09% Pb, and 23.7 g/t Ag, 10.5% Zn, and 1.92% Pb.
  • Exploration has extended the footprint of polymetallic mineralization to over 350 metres in strike length at the Bullseye Zone.
  • Historical estimates suggest a potential resource of 99,781 tonnes @ 1.42% Pb, 2.24% Zn, and 36.3 g/t Ag, though these are non-compliant with current standards.

The big picture

Maxus Mining’s results highlight the ongoing interest in Canadian base metal exploration, particularly in regions with historical mining activity. The extension of mineralization at Quarry suggests a potentially larger polymetallic system, but the reliance on historical data underscores the need for significant reinvestment to meet modern reporting standards. The project’s location in British Columbia benefits from a supportive mining regulatory environment, but also faces the challenges of remote access and infrastructure.

What we're watching

Resource Validation
The company will need to invest in modern exploration and drilling to validate and potentially reclassify the historical resource estimates, which are currently non-compliant with NI 43-101.
Structural Control
Further mapping and targeted sampling along the identified E–W shear zone and NE–SW trend will be critical to understanding the extent and grade distribution of the mineralization.
Funding Needs
Advancing the Quarry project and potentially developing a compliant resource estimate will require significant capital, and the company's ability to secure funding will be a key determinant of future progress.

Maxus Mining Identifies Polymetallic Potential at Lotto Tungsten

Event summary

  • Maxus Mining released results from a reconnaissance field program conducted in autumn 2025 at its Lotto Tungsten Property in British Columbia.
  • Initial findings indicate tungsten (W) and molybdenum (Mo) anomalism associated with quartz veining and alteration.
  • A 1980 grab sample from the Loto 3 claim previously returned 10.97% WO3, considered ‘high-grade’ by the company.
  • The company is integrating historical drilling data with 2025 results into a 3D geological model to refine targeting.

The big picture

The renewed focus on critical minerals, particularly tungsten, is driving increased exploration activity in British Columbia. Maxus’ Lotto Tungsten project represents a relatively underexplored opportunity within this sector, but success hinges on translating initial anomalies into economically viable deposits. The presence of molybdenum alongside tungsten could enhance the project's value, but also complicates the geological model and processing requirements.

What we're watching

Exploration Pace
The success of Maxus’ planned airborne geophysical surveys and systematic rock sampling will be crucial in defining the extent of mineralization and validating initial findings.
Geological Complexity
The company’s ability to accurately model the structural complexity of the Lotto Tungsten Property will determine the efficiency of future exploration efforts and the potential for discovering additional mineralization.
Capital Needs
Continued exploration and development of the Lotto Tungsten Property will likely require additional capital, and the company’s ability to secure funding will influence the project’s advancement.

Maxus Mining Secures Full Ownership of High-Grade Antimony Project

Event summary

  • Maxus Mining has acquired 100% ownership of the Alturas West Property, part of its Alturas Antimony Project, from Eminence Minerals.
  • The Alps-Alturas Antimony Mine, now fully under Maxus’ control, historically produced over 95 tonnes of antimony with an average grade of 57.2%.
  • Maxus fulfilled obligations under a Property Option Agreement, including accelerated issuance of shares, to complete the acquisition.
  • The Alturas Project hosts a 1,300-meter mineralized corridor with recent sampling indicating ultra-high-grade antimony values.

The big picture

The acquisition underscores the growing interest in antimony as a critical mineral for battery technology and other strategic applications. Securing full ownership provides Maxus with greater control over exploration and development, but also increases its financial exposure and operational responsibilities. The historical production data suggests significant potential, but the company will need to demonstrate the ability to translate that potential into economically viable mining operations.

What we're watching

Permitting Risks
The success of Maxus’ development plans hinges on securing necessary permits and regulatory approvals, which can be a lengthy and uncertain process in British Columbia.
Exploration Efficiency
Integrating geological data into a 3D model will be crucial; the effectiveness of this process will directly impact the identification of viable drill targets and resource estimates.
Market Dynamics
Antimony prices are sensitive to broader macroeconomic trends and industrial demand; Maxus’ profitability will be influenced by the sustainability of current price levels.

Maxus Mining Identifies Polymetallic Signatures at Quarry Property

Event summary

  • Maxus Mining's 2025 field program at the Quarry Antimony Property in British Columbia confirmed strong polymetallic signatures, including silver, zinc, and lead.
  • Assay results from the program yielded values as high as 234 g/t silver, 110 ppm antimony, 0.46% zinc, and 4.67% lead.
  • The company plans to integrate these results into a 3D geological model to interpret subsurface geology and mineralization.
  • Historical estimates suggest a potential resource of 99,781 tonnes at 1.42% lead, 2.24% zinc, and 36.3 g/t silver, though these are non-compliant with current CIM standards.

The big picture

Maxus Mining's Quarry Antimony Project represents a potentially valuable addition to the company's portfolio of critical metals projects in British Columbia, a region increasingly targeted for its mineral wealth. The project's historical estimates, while requiring significant validation, suggest a substantial polymetallic deposit, but the non-compliant nature of those estimates underscores the risk and capital required for advancement. The focus on integrating historical data with recent findings highlights a common trend in the resource sector – leveraging legacy information to guide modern exploration efforts.

What we're watching

Resource Verification
The company's efforts to upgrade and verify the historical resource estimate will be critical to demonstrating the project's true potential, requiring significant investment and time.
Drill Planning
The success of future drilling programs, guided by the 3D geological model, will determine whether the mineralization trends can be expanded and the resource estimate can be meaningfully advanced.
Structural Complexity
The structurally controlled nature of the mineralization suggests exploration success will depend on detailed mapping and understanding of the geological controls, which could be challenging and costly.

Maxus Mining Maps Antimony Potential with Airborne Survey

Event summary

  • Maxus Mining initiated a Versatile Time-Domain Electromagnetic (VTEM) airborne geophysical survey at its Alturas Antimony Project in British Columbia on March 2, 2026.
  • The survey, conducted by Geotech Ltd., will cover approximately 326 line-kilometres across Alturas West and East.
  • Convolutions Geoscience Corporation is providing quality assurance/quality control oversight and strategic interpretation.
  • The survey aims to identify subsurface structures and mineralization controls, with results expected before spring 2026.

The big picture

Maxus Mining's focus on antimony exploration aligns with the increasing global demand for critical minerals used in electric vehicles, renewable energy technologies, and defense applications. The use of advanced geophysical techniques like VTEM demonstrates a shift towards more targeted and cost-effective exploration strategies, reducing reliance on traditional, higher-cost methods. This survey represents a key step in unlocking the potential of the Alturas project, which holds historical antimony estimates, but lacks a NI 43-101 compliant resource.

What we're watching

Geophysical Insights
The effectiveness of the VTEM survey in delineating mineralization targets will be crucial for guiding subsequent drill programs and defining resource potential at Alturas.
Drilling Execution
The ability to translate the geophysical data into successful drill intercepts will determine whether the survey’s findings translate into tangible resource growth.
Regional Exploration
The survey’s impact on the broader ‘Projects’ portfolio (Quarry, Hurley, Lotto) will reveal the extent of mineralization across Maxus’ holdings and potential for further exploration opportunities.

Maxus Mining Gains OTCQB Listing to Broaden U.S. Investor Access

Event summary

  • Maxus Mining Inc. commenced trading on the OTCQB Venture Market under the ticker symbol MXMGF, effective February 17, 2026.
  • The company will maintain listings on the Canadian Securities Exchange (CSE: MAXM) and the Frankfurt Stock Exchange (FSE: R7V).
  • An application is pending with the DTCC to facilitate electronic clearing and settlement of shares in the U.S.
  • Maxus Mining is focused on exploration across approximately 15,098 hectares in British Columbia, Canada, with projects including antimony, tungsten, and copper targets.

The big picture

The OTCQB listing represents a strategic move by Maxus Mining to increase its visibility and accessibility to U.S. investors, a market with significantly greater capital than the CSE or FSE. This is a common tactic for smaller resource exploration companies seeking to broaden their funding options and potentially increase valuation. However, the listing itself does not guarantee success; the company’s exploration results and operational execution will ultimately drive investor sentiment and long-term performance.

What we're watching

Investor Adoption
The pace at which U.S. investors incorporate MXMGF into their portfolios will indicate the success of the OTCQB listing in expanding Maxus’ investor base.
DTCC Approval
Whether the DTCC application is approved and implemented will be crucial for streamlining trading and increasing liquidity for U.S. investors.
Exploration Progress
The company's ability to deliver tangible results from its exploration programs at the Quarry, Alturas, Hurley, Lotto, and Penny projects will be key to sustaining investor interest and justifying the broader market access.

Maxus Mining Appoints Verge as Exploration VP, Formalizing Advisor Role

Event summary

  • Morgan Verge, P.Geo., has been appointed Vice President of Exploration at Maxus Mining, effective immediately.
  • Verge has served as a technical advisor to Maxus since June 2025, supporting exploration planning and data integration.
  • She has been granted options to purchase 200,000 common shares at a price of $2.20 per share, exercisable for two years.
  • Verge brings nearly fifteen years of experience in mineral exploration, geological data management, and project advancement.

The big picture

The appointment of Verge signals a renewed focus on technical expertise and data-driven exploration at Maxus, particularly important given the company's portfolio of critical mineral projects. Her prior experience securing government funding could be a key asset as exploration costs rise and regulatory scrutiny increases. This formalization of Verge's role suggests a deeper commitment to the company's long-term growth strategy.

What we're watching

Execution Risk
Verge's ability to build a 'strong and collaborative technical group' will be critical to advancing Maxus' exploration programs and realizing the potential of its portfolio.
Data Integration
The success of Maxus' exploration efforts will depend on Verge’s ability to apply a 'disciplined, data-driven approach' to integrate historical data and guide future exploration.
Funding
Maxus’ ability to secure additional funding will be influenced by Verge’s track record of obtaining government grants, given the capital-intensive nature of exploration.

Maxus Mining Secures Airborne Geophysical Survey to Advance BC Projects

Event summary

  • Maxus Mining has contracted Geotech Ltd. to conduct a 1,417 line-kilometer airborne geophysical survey across four projects (Alturas, Hurley, Lotto, and Quarry) in British Columbia, commencing in early 2026.
  • The survey will utilize Geotech’s VTEM™ system, designed to image subsurface geological features with a depth penetration of approximately 300-500 meters.
  • Convolutions Geoscience, led by Kyle Patterson, will provide quality assurance and quality control oversight for the survey.
  • The total cost of the survey was not disclosed, but is expected to be completed prior to spring 2026.

The big picture

This survey represents a strategic effort to de-risk Maxus Mining’s portfolio of British Columbia projects, particularly those focused on critical minerals like antimony and tungsten. The use of advanced geophysical techniques like VTEM™ is increasingly common in mineral exploration, reflecting a shift towards more targeted and efficient exploration strategies. The success of this survey could significantly impact the company's valuation and attract further investment in the region.

What we're watching

Exploration Success
The effectiveness of the geophysical survey in identifying viable mineral deposits will be a key indicator of the value of the investment and the potential for future drilling programs.
Data Interpretation
The ability of Convolutions Geoscience to accurately interpret the survey data and refine exploration targets will be crucial in maximizing the return on investment.
Funding
Maxus’ ability to secure additional funding to support follow-up exploration activities based on the survey results will determine the long-term progress of the projects.

Maxus Mining Boosts Funds with Warrant Exercise, Inks Marketing Deal

Event summary

  • Maxus Mining investors exercised warrants totaling $1,105,952 CDN between January 2 and January 16, 2026.
  • The company entered into a 6-month marketing agreement with RMK Marketing Inc. on January 20, 2026.
  • RMK will provide marketing services with an initial budget of $250,000, potentially increasing to $500,000.
  • Morgan Verge, P.Geo., reviewed and approved the technical information in the release as a Qualified Person.

The big picture

The warrant exercise demonstrates investor confidence in Maxus Mining's projects, providing immediate capital for exploration. The agreement with RMK signals an attempt to increase investor visibility and potentially attract further funding. However, the company's success hinges on its ability to deliver on exploration targets and demonstrate a return on the marketing investment, particularly given the competitive landscape for critical mineral exploration in British Columbia.

What we're watching

Capital Needs
The warrant exercise provides a short-term funding boost, but the company's ability to secure further capital will be crucial for advancing its exploration projects.
Marketing ROI
The effectiveness of RMK's marketing services in driving investor interest and project visibility will be a key indicator of the agreement's value.
Project Execution
The allocation of the newly raised funds towards exploration and potential acquisitions will determine whether the company can translate its geological potential into tangible results.

Maxus Mining Extends Partnership with Palliser Exploration Amidst BC Portfolio Expansion

Event summary

  • Maxus Mining has renewed its partnership with Palliser Exploration for ongoing geological and exploration services.
  • Palliser Exploration successfully completed extensive field programs across Maxus’ Quarry, Lotto, Alturas, and Hurley Properties in Fall 2025.
  • The programs involved over 200 surface rock samples and focused on geological mapping and targeted rock sampling.
  • Maxus Mining’s portfolio includes approximately 15,098 hectares of prospective terrain across British Columbia, Canada.

The big picture

Maxus Mining's reliance on Palliser Exploration highlights the trend of smaller exploration companies outsourcing specialized geological expertise to manage costs and accelerate project development. The focus on British Columbia's mineral-rich terrain underscores the ongoing interest in critical minerals like antimony and tungsten, driven by supply chain concerns and the energy transition. Success in translating these exploration efforts into tangible resource discoveries will be crucial for Maxus to attract further investment and demonstrate the value of its portfolio.

What we're watching

Exploration Efficiency
The efficiency with which Palliser Exploration can continue to deliver actionable geological data will be critical to Maxus’ ability to advance its projects and manage costs.
Resource Potential
The extent to which the enhanced geological understanding from these programs translates into demonstrable resource expansion will be a key indicator of the partnership's value.
Funding Needs
Continued exploration and development activities will likely require additional financing, and the market’s perception of Maxus’ progress will influence its access to capital.
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