Maximus offloads project to Flinders

CASH-strapped gold explorer Maximus Resources has offloaded its Canegrass project in Western Australia’s Mid West region to Flinders Mines for $A200,000 in cash and $1.1 million in Flinders scrip.

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Maximus said today it was pursuing non-core divestments to focus on its other exploration work and, as a result, had decided to divest Canegrass, part of its Narndee project area.