Maximus Resources Limited announced the commencement of air-core drilling at the Jilbadji prospect (E63/2147, E63/2148) located proximal to the Forrestania and Lake Johnston nickel belts, in Forrestania, Western Australia. The Jilbadji prospect was identified based on the presence of unique circular/arcuate magnetic features that coincide with gravity highs which could indicate the presence of mafic-ultramafic intrusions or assimilated greenstones, prospective for nickel-copper-cobalt-PGE and gold. The Jilbadji prospect is located within the eastern margins of the Yilgarn craton, proximal to the Forrestania and Lake Johnston nickel belts, which host IGO Limited Forrestania Nickel operations (Flying Fox and Spotted Quoll Deposits) and Poseidon Nickel Limited Lake Johnston operations (Maggie Hays/Emily Ann Nickel deposits).

The current regional geology interpretation comprising only granitic bedrock, does not account for the alignment of these magnetic and gravity features, primarily due to insufficient exploration in the area. A review of the limited historical exploration, combined with the interpretation of existing geophysical data, suggests the potential to host orthomagmatic Ni-Cu-PGE systems, similar to OZ Minerals Limited Nebo-Babel or Chalice Mining Julimar deposit. A gravity high anomaly over the Jilbadji project area is similar in comparison with known greenstone belts, hosting the Marvel Loch - Forrestania gold and nickel belt to the west.

The Company has been awarded a Western Australia Government Exploration Incentive Scheme (EIS) co-funding drilling grant (up to $90,000) for the fast track of reconnaissance drilling in the Jilbadji prospect area. In preparation for the drill programme, the company completed a wide-sample soil sampling programme across the magnetic features, which indicated a potential for mafic-ultramafic bedrock. The purpose of the 41-hole (~2,000m) drill programme aims to determine the geological setting by testing below the shallow transported cover and provide an understanding of the magnetic and gravity anomalies, through a traverse of wide-spaced holes that intersects the peak magnetic and gravity responses.

Additional in-fill drilling may be incorporated if there are any positive field observations. The drill programme is expected to completed under one week, with assay results expected late April.