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MAXIMUS SELLS ALLUVIAL GOLD PROJECT | Mining Business …

Australian explorer Maximus Resources has sold the Sellheim alluvial gold project in Queensland’s Drummond Basin for $400,000 consideration.Funds from the sale will go towards second stage drilling at the company’s Narndee polymetallic project in Western Australia.An initial, non-refundable payment of $40,000 has been made.Finalisation of the sale, with the final $360,00 paid and formal ...

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MAXIMUS Resources says the company's new plant configuration at Sellheim has opened the door to profitable gold production, with the sale of 72 ounces of gold this... Sellheim gives Maximus a boost - …

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Sellheim | | MiningLink - The largest & most visited ...

Gold is found in these areas as small nuggets but when waste dump rock material is closely inspected at the mine site, visible gold can be seen in quartz-tourmaline and gossan veins. Tourmaline Occurring With Gold at Sellheim Gold Project. Tourmaline is a boron-bearing mineral that is often associated with mineralised intrusions.

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• Since trial mining commenced in October, Maximus Resources’ Sellheim alluvial gold operation near Charters Towers in Queensland has treated 5,716 bank cubic metres (bcm) of alluvial ore and produced 6,312 grams of gold concentrate at an average grade of 1.1 gm/ bcm.

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10. NEWS. February 2009 | The Mining Advocate. Sellheim shines for Maximus The company is upgrading its plant during the wet season, ready to ramp up gold production after successful trial mining ...

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