Maximus Resources Ltd

Flinders Diamonds Limited (Flinders), in conjunction with Maximus Resources Limited (Maximus), have negotiated the purchase of the outstanding 25% equity they do not already own in the Lobethal EL 3215 for a consideration of 900,000 ordinary shares in Flinders and 1.8 million ordinary shares in Maximus. An 18.75% equity in the diamond rights was purchased from Indo Mines for 675,000 ordinary Flinders shares and a 6.25% equity in the diamond rights was purchased from Statelink Holdings for 225,000 ordinary Flinders Shares.

An option to purchase a north Queensland gold project with proven alluvial production and hard rock exploration potential for a price of up to $2 million has been announced by Maximus Resources Limited.

Maximus Resources Limited (ASX: MXR) today announced an inferred gold resource of 59,000 ounces at its Yandal Project in Western Australia.

The ongoing search for new Australian uranium deposits took another step forward today with ASX-listed Maximus Resources Limited commencing its first drilling program on a project in WA's Murchison Region near Mount Magnet.

Maximus Resources Ltd (ASX: MXR) - Uranium Spin Off - Mr Kevin Wills, Managing Director; Boardroomradio is pleased to announce that Maximus Resources Ltd (ASX: MXR) has published an audio file.

Australia's newest uranium float - a proposed A$15 million capital raising by Eromanga Uranium Limited (ASX: ERO) - is to go ahead next month after securing approval today from shareholders in Maximus Resources Limited.

A proposed new Australian uranium float has set a target of $15 million with an allowance to push the Initial Public Offering (IPO) out to $20 million through oversubscriptions.

A resource estimate of 53,000 ounces of gold has been announced for the old Bird-in-Hand mine at Woodside in the Adelaide Hills being explored by Maximus Resources Limited.

Maximus Resources Ltd (ASX: MXR) report gold results for an additional two core drill holes continue to indicate potential for high grade gold mineralisation at the historic Bird-in-Hand Gold Mine near Woodside in the Adelaide Hills.

As pre-empted in the Maximus Resources Limited (ASX: MXR) announcement of January 19, the base metal results for the first two holes of an initial six hole program have now been received.