NFX and Maximus drill 5.12 g/t Au over 4.05 m
Also News Release (C-MXV) Maximus Ventures Ltd
Mr. Thomas Larsen of NFX reports
MAXIMUS AND NFX REPORT ASSAYS FROM LARDER LAKE GOLD PROJECT, ONT.
NFX Gold Inc. and Maximus Ventures Ltd. have received assay results from the first two diamond drill holes at the Larder Lake gold project, which are part of an exploration program of up to 24 holes to be drilled in 2006. The project is being explored under an option and joint venture agreement between NFX and Maximus. These two holes were drilled adjacent to the historic Cheminis gold mine to explore for gold mineralization along extensions of known fault zones, as reported in Stockwatch June 5, 2006. The Cheminis mine area and other targets being explored by Maximus lie on the Larder Lake break, a larger zone of connected faults that extends over 200 kilometres east from Kirkland Lake, through Larder Lake, to Val d'Or, along which numerous large gold mining districts are located.
"Gold mineralization was intersected in both holes," noted Frederick T. Graybeal, Maximus' president, "and the two intersections in hole CH-06-15 are both candidates for offset drilling later in the program. Maximus is encouraged that each of the first two holes in a program of up to 24 exploration holes have intersected potentially important zones of gold, but these are step-out exploration holes and interpretation of the results will require additional drilling."