en.Wedoany.com Reported - Maximus Metals Inc. has initiated the first phase of its exploration program at the Gaspard Project in the Cariboo Plateau region of south-central British Columbia, approximately 60 kilometers west of Williams Lake.
The first phase targets three primary zones (Area A, Area B, and Area C) identified in the 2025 NI 43-101 technical report. Based on auger soil sampling and Mobile Metal Ion (MMI) oriented geochemical work, the company has launched a property-wide geochemical program, including a full suite of multi-element geochemical analysis of approximately 550 soil samples across the project, as well as fire assay gold analysis across the entire property.
The expanded analytical program aims to enhance the geochemical resolution of MMI anomaly areas and provide systematic gold coverage across the entire project, helping the company optimize and prioritize targets for more focused subsequent exploration.
Nader Vatanchi, Director of Maximus Metals, stated that evaluation of the project's existing geochemical data has revealed multiple polymetallic anomalies. With the launch of the first property-wide polymetallic exploration campaign at the Gaspard Project, the company will have a comprehensive dataset to prioritize areas for follow-up work, potentially including trenching and drill permit applications.
Analytical results are expected within the coming weeks. Upon receipt and interpretation of the results, the company plans to report the findings and outline the next steps for the project.
The company also announced a management change: effective June 30, 2026, Santiago Suarez has been appointed Chief Executive Officer. Mr. Suarez previously served as Vice President of Corporate Development at Denarius Metals since October 2022, leading the Zancudo Project into operation. Prior to that, he was Latin America Operations Manager at Renergetica, a renewable energy company listed on the Milan Stock Exchange, where he led the development of a 200-megawatt solar project in Colombia. He also served as Renewable Energy Director at private equity fund Qvartz Capital Partners. Mr. Suarez holds an International Business Administration degree from the University of la Sabana.
Concurrent with Mr. Suarez's appointment, Nader Vatanchi has resigned as Chief Executive Officer of the company and will continue to serve as a director.
Jasper Mowatt (MIMMM Member No. 0486653, MAusIMM Member No. 3178851), a consultant to the company and a Qualified Person as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects, has reviewed and approved the scientific and technical information contained in this news release. For the purposes of NI 43-101, Mr. Mowatt is not independent of the company; he is one of the optionors granting the company the option to acquire the project and is also a shareholder of the company. Readers are referred to the technical report for data verification procedures and quality assurance and quality control measures related to the work described in this news release.
The scientific and technical information in this news release is based on the technical report titled "NI 43-101 Technical Report: Gaspard Project, British Columbia, NTS 93O/10, Latitude 51.62°N, Longitude 122.55°W," dated October 24, 2025, prepared by Derrick Strickland (Professional Geologist), and has been filed on SEDAR+ under the company's name.
Maximus Metals is a mineral exploration company engaged in the acquisition, exploration, and evaluation of resource properties. The company holds an option to acquire a 100% interest in the Gaspard gold-silver property in central British Columbia, subject to a 2% net smelter return royalty. The option was entered into on July 25, 2025, with Rattler Exploration Ltd., Northex Capital Partners Inc., and Jasper Mowatt. The company has the right to purchase one-half (1%) of the net smelter return royalty from the optionors at any time within five years of exercising the option for CAD 1,000,000 in cash.
