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Maxus Mining completes MobileMT geophysical survey on Penny project

Maxus Mining has completed the interpretation of an airborne MobileMT survey on the Penny project in British Columbia and identified several conductive trends and structural target areas. The geophysics covered 46 km² and points to potentially sulfide- or graphite-bearing horizons in the Creston Formation; further work is required to determine the cause of the conductors. The company plans to combine the results with geological mapping, geochemistry and historical data to set priorities for follow-up exploration; the project is located near the historic Sullivan mine. » Mere på de.investing.com