|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's Range||0.0420 - 0.0500|
|52 Week Range||0.0150 - 0.0935|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Maxtech Ventures Inc. (“Maxtech” or the “Company”) (CSE:MVT) (Frankfurt:M1N) (MTEHF), the Company is pleased to announce the appointment of Red Lake gold mining district trailblazer James Rogers to Senior Vice President, Exploration. Jim will be responsible for all exploration activities of the Company, starting immediately at the Panama Lake project.
Maxtech Ventures Inc. (“Maxtech” or the “Company” (CSE:MVT) (Frankfurt:M1N) (MTEHF)”). Additional claims totaling 20 square kilometers (“sq km”) have been staked, covering at least one historical gold occurrence, at one end, and an area covering geochemical and geophysical features of interest, at the other. Both lie along the same interpreted fault splay that crosscuts the entire property and which hosts additional areas of geochemical interest and two known gold occurrences, none of which have been explored comprehensively. This expands the Panama Lake property to a total of 88.5 sq km.
A brief, late-season exploration program on the Panama Lake gold project, a 74-square kilometer property in Ontario’s Red Lake region, has just been completed. “We are already in possession of a substantial and encouraging data base, the reason for us acquiring the project to begin with”, said Maxtech’s CEO, Peter Wilson. “The recently completed field program will provide us with more up-to-date information regarding additional targets identified by our predecessor that had yet to be examined in the field. We wanted to get this done before the snow flies, so we are better positioned to plan our next steps on this exciting property”. Information obtained in this initial field effort will be integrated into the company’s overall data base, enabling Maxtech’s exploration team to formulate its plans for the months ahead and the 2020 field season to follow. The Company will continue to update information on and results from this project on an ongoing basis.
Vancouver, British Columbia, Sept. 10, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Maxtech Ventures Inc. (CSE:MVT) (Frankfurt:M1N) (MTEHF) (“Maxtech” or the “Company”) is pleased to announce the signing of a binding letter of intent (“BLOI”) to acquire 100% of the Panama Gold Project from Benton Resources Inc. The Panama Gold project is located 50km away from and on trend with Great Bear Resources Dixie Project and has excellent exploration and discovery potential within a relatively underexplored area of the camp.