Maximus Resources Limited provided initial assay results from the recently completed Western Australian Government Exploration Incentive Scheme (EIS) co-funding drilling and the ongoing resource drilling campaign at the Redback Gold deposit located at the Wattle Dam project, ~24km from Kambalda, Western Australia's premier gold and nickel mining district The Redback Gold Deposit is located approximately 600 metres south-southeast of the previously mined high-grade Wattle Dam Gold Mine. Local geology at Redback is similar to that observed at the high-grade Wattle Dam Gold Mine, with a high component of visible gold hosted within deformed ultramafic lithologies (komatiite). The high-grade gold mineralisation at Redback often occurs proximal to the contacts between both felsic intrusives, the ultramafics and interflow metasediments.

Two Western Australian Government Exploration Incentive Scheme (EIS) co-funded diamond drill holes (RBDD008 and RBDD009) designed to test the down-dip plunge of known mineralisation at Redback Gold Deposit, were completed early December, with a wide interval of heavily altered ultramafics with multiple occurrences of visible gold observed in RBDD008.