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.
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