Maxus Mining (CSE: MAXM), announced Wednesday that is has expanded its land holdings by staking of an additional 1,803 hectares at the Quarry antimony project in British Columbia, Canada.
The company said it is currently compiling of all available historic data on the project to prepare its Phase 1 Exploration Plan.
In June, Maxus acquired 100% interest in three antimony exploration properties in BC: Quarry, Hurley and Altura, covering approximately 3,700 hectares.
Antimony is a strategic metal used in military applications such as ammunition, infrared missiles, nuclear weapons, as well as in batteries and photovoltaic equipment.
The recent cancellation of antimony exports by China, combined with a substantial price increase, have driven efforts to locate and extract this critical metal in Canada and the…
