Nfx Gold & Max.-Vent. endl. Bohrergebnisse

Beiträge: 57
Zugriffe: 13.953 / Heute: 6
Bear Lake Gold
kein aktueller Kurs verfügbar
 
Bear Lake Gold 3,33 $ +0,08%
Perf. seit Threadbeginn:   +503,81%
 
reality:

Nfx Gold & Max.-Vent. endl. Bohrergebnisse

6
19.10.06 23:36
Press-Release von 6 weiteren Bohrlöchern unter:

NFX Gold Inc. Homepage

www.nfxgold.com

Ich hoffe, dass es jetzt los geht!!!!!!!!!!!!!!!

Gruss
31 Beiträge ausgeblendet.
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reality:

Völlig normal was hier abläuft!

 
20.10.06 20:02
NFX ist an dem starken Widerstand bei 0,80Can$ abgeprallt und wird es jetzt wieder versuchen diesen zu durchbrechen. Wird dieser Widerstand (ich glaube an gute News zum Stockday in FFM)nachhaltig durchbrochen werde wir hier den nächsten Hype erleben!
Wie in dem Release schon geschrieben wurde werden dieses Jahr (2,5 Moate noch) alle 24 Bohrlöcher gedrillt, d.h. also noch 16 Ergebnisse !

Ich bin davon überzeugt, dass wir noch dieses Jahr deutlich höhere Kurse sehen werden!

Gruss
reality:

Die 0,80 Can.$ sind im Test;o) o. T.

 
20.10.06 20:11
(Verkleinert auf 93%) vergrößern
Nfx Gold & Max.-Vent. endl. Bohrergebnisse 63014
polo10:

???????????

 
16.11.06 19:11
Wie kann es sein, dass der Kurs in Ca bei 0,74 liegt und bei uns nur 0,42 ! Müsste doch umgerechnet bei 0,52 liegen, oder ?
w31863:

@polo10

 
16.11.06 20:14

Dass NFX in Kanada bei 0,74 CAD steht, ist ein gutes Zeichen. Sollte der Wert der Aktie bis zum Börsenschluss in Kanada Bestand haben, so könnte NFX morgen in Frankfurt auch höher stehen. Die Werte nach Währungsumrechnung stehen an den einzelnen Börsenplätzen selten auf einer Linie. Die beste Orientierung ist oft die Börse in Toronto, da sie mehrere Stunden später schließt, als die Frankfurter Börse. Übrigens: Es wird eine Jahresendrallye erwartet. Da heißt es: Augen auf und Qualität einsammeln.

Gruß w

Rohstofffreak:

es geht wieder los!

 
17.11.06 08:56
Geld

0,490

Brief

0,520

Zeit

17.11.06  08:47:27

Geld Stk.

10.500

Brief Stk.

10.500
petruss:

PariKurs 0,50! Wir stehen bei 0,44 o. T.

 
17.11.06 09:22
G_Trader:

die 0,40

 
24.11.06 15:10

werden wir mit sicherheiit heute überwinden

umgerechnet haben wir momentan einen kurs von 0,41 €

Bleibe Long

--------------------------------------------------

"Guter Geschmack ist ganz einfach-einfach immer das Beste!"
G_Trader:

0,40

 
27.11.06 09:17


Kommt heute die Wende ;)

Bohrergebnisse stehen an..sollten die heute kommen, und gut ausfallen, ist der weg überm Euro frei...

--------------------------------------------------

"Guter Geschmack ist ganz einfach-einfach immer das Beste!"
dominos66:

Bald wieder über 0,50€ beides mindestens! o. T.

 
29.11.06 19:59
www.advfn.com/...id=staticchart&s=TX%5eNFX&p=0&t=1&dm=0&vol=1&
dominos66:

Nfx

 
29.11.06 22:26
de.advfn.com/...t&s=TX%5ENFX&p=1&t=15&dm=0&vol=0&cb=1164835533
darktrader:

Kinder wie

 
30.11.06 00:08
die Zeit vergeht !
Wird's wohl doch ne Langfristanlage ?
Nun gut, ich kann warten.  
dominos66:

Maximus! PariKurs 0,48$ wir stehen bei 0,28€ !

 
02.12.06 10:46
www.advfn.com/...id=staticchart&s=TX%5EMXV&p=0&t=23&dm=0&vol=1
petruss:

0,48CAD = 0,314389€

 
02.12.06 11:34
Lern Rechnen.
oligator:

RT 0,39 ein fettes Rebound !? o. T.

 
07.12.06 09:18
RH100:

19.12.2006

 
03.01.07 19:14
TSX News: In-Depth Research on NFX Gold Inc
12/19/2006    
Dec 18, 2006 (M2 PRESSWIRE via COMTEX News Network) --

In-Depth Research on NFX Gold Inc (TSX:NFX)

NFX is involved in the acquisition, exploration and development of gold properties located on the prolific Larder Lake Break in Northern Ontario. NFX's main resource interest are the Larder Lake Properties, comprising the Cheminis, Bear Lake, Fernland (all 100% owned), and the Barber Larder gold property (75% owned). Additionl holdings include: the Swansea property (75% owned), 29 mining claims (100% owned) that extend over 10kms along the prolific Larder Lake Break, and the Lake Abitibi property (100% owned) located 100 kms north of Larder Lake.

Shares were down after announcing assay results from ten additional diamond drill holes.

BellwetherReport.com is a leading online research firm for international investors looking to get an edge over their portfolio. Investors seeking the most up to date information on NFX Gold Inc are invited to sign up for a free complimentary subscription to www.bellwetherreport.com. No credit card needed!

NFX Gold Inc. and Maximus Ventures Ltd. announced assay results from ten additional diamond drill holes at the Larder Lake Gold Project. The results include significant gold mineralization from holes in several areas along the southernmost strand of the Larder Lake fault zone, on strike from but outside of the existing historic resource in the Cheminis gold mine. These ten holes are part of an ongoing reconnaissance drilling program being conducted on the Larder Lake property.

"These new intersections are distributed along a two kilometer length of the Larder Lake fault zone, on strike from but outside of the Cheminis historic resource, and confirm the initial exploration concept that important gold grades extend well beyond the Cheminis resource, into the Fernland and Bear Lake areas," noted Frederick T. Graybeal, Maximus' President. "The higher grade gold intersections in holes NFX06-10, -11, -13, and -18 are relatively narrow, but warrant follow-up to determine whether they represent the edges of potential new ore shoots." Maximus has not yet begun testing the three recently identified fault strands north of the Cheminis mine, which will be targeted in an aggressive exploration campaign being planned for 2007."

More information on NFX Gold Inc available in the members section of www.BellwetherReport.com.

To review research on NFX Gold Inc as well as many more exciting articles we encourage you to visit www.bellwetherreport.com. You can find these reports under the "Today's Articles" section. No credit Card Needed!!

The Bellwether Report will continue to research the small cap markets to bring you exciting opportunities!! If you are interested in receiving more information on these small cap opportunities and other features of our site, feel free to sign up for a complimentary subscription to the #1 online investment tool www.bellwetherreport.com.

Companies looking to advertise with Bellwether Report should email jlee@bellwetherreport.com with the subject line (Advertising).

Information has been gathered from sources such as www.Hoovers.com, www.yahoo.com, www.associatedpress.com, www.marketwire.com, www.businesswire.com and other public resources.

All material herein was prepared by the Bellwetherreport.com, (Bellwether) based upon information believed to be reliable. The information contained herein is not guaranteed by Bellwether to be accurate, and should not be considered to be all-inclusive. The companies that are discussed in this opinion have not approved the statements made in this opinion. This opinion contains forward-looking statements that involve risks and uncertainties. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. Bellwether is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter. Please consult a broker before purchasing or selling any securities viewed on or mentioned herein. Bellwether may receive compensation in cash or shares from independent third parties or from the companies mentioned.

Bellwether's affiliates, officers, directors and employees may also have bought or may buy the shares discussed in this opinion and may profit in the event those shares rise in value.

Bellwether will not advise as to when it decides to sell and does not and will not offer any opinion as to when others should sell; each investor must make that decision based on his or her judgment of the market.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a companies' annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission.  
Koch27:

News!!

 
20.12.07 16:00
Koch27:

News!!.

 
21.02.08 15:24
Koch27:

Mar 31, 2008 08:30 ET

 
31.03.08 14:37

Maximus/NFX cut the Highest Gold Grade Intersected to Date in the Bear Lake Area at Larder Lake
Hole NFX08-35 intersects 18.3 g/t Au over 4.8 m, including 163.5g/t Au over 0.5m

LONGUEUIL, QUEBEC and TORONTO, ONTARIO--(Marketwire - March 31, 2008) - Maximus Ventures Ltd. ("Maximus") (TSX VENTURE:MXV) and NFX Gold Inc. ("NFX") (TSX VENTURE:NFX) are pleased to announce today the results from the first four holes from its 2008 follow-up drilling program targeting the Bear Lake area of the Larder Lake Property in Ontario. Hole NFX08-35 intersected 4.8 metres of flow-type mineralization grading 18.3g/t gold, including a section of 0.5 meter, which yielded 163.5g/t gold. Hole NFX08-35 was drilled 450m up-dip and 50m east from hole NFX07-11, which intersected 10.2 meters grading 8.0 g/t Au (as reported on August 16, 2007). The intercept in hole NFX08-35 contains the highest single gold value encountered to date in the Bear Lake area.

The intercept in hole NFX08-35 was cut at 120m below surface, clearly showing that high-grade gold mineralization at Bear Lake occurs close to surface and extends at least 550m down-plunge and is open laterally for over 500m. This new intersection opens up a large area where significant tonnage and high gold grades could be present. Additional assay results from other intersections of hole NFX08-35 are pending.

Assay results from holes NFX08-26, 27 and 28 were also received and, although all holes did cut flow-type mineralization, they did not yield significant gold values. Based on geological interpretation of the ore zones at the now-closed Kerr-Addison Mine located 5km east of Bear Lake, both high-grade and low-grade shoots are to be expected within carbonate-type and flow-type mineralization at Bear Lake.

After a slow start-up in early February, due to the poor condition of the ice, a total of 11 holes (holes NFX08-24 to 35, totalling 4,480 metres) have been completed at Bear Lake during 2008 (see figure). The results from hole NFX08-35 are very encouraging and there are currently 3 drills working on the ice at Bear Lake. Drilling will continue to systematically test the Bear Lake Gold Zone along strike and down-plunge to a vertical depth of 1,000m, using a 125m to 150m hole spacing. This spacing will be adjusted as new assay results are received.




Highlights of Larder Lake Assay Results - Bear Lake Area


                                    Core
                    From      To  Length     Au
Hole no.               (m)     (m)     (m)  (g/t)       Mineralization Type
--------------------------------------------------
--------------------------------------------------
NFX08-35 (partial) 137.8   142.6     4.8   18.3      "Flow"-type; 2-10% Py
--------------------------------------------------
  Including        137.8   138.3     0.5  163.5
--------------------------------------------------


--------------------------------------------------
NFX07-11(a)        587.5   592.7     5.2   10.4          "Carbonate"-type;
--------------------------------------------------
  Including        588.0   589.5     1.5   20.8
--------------------------------------------------
                   664.6   674.8    10.2    8.0  "Flow"-type; up to 30% Py
--------------------------------------------------
  Including        667.0   673.0     6.0   13.3
--------------------------------------------------
         Or        668.8   673.0     4.2   18.6
--------------------------------------------------


--------------------------------------------------
NFX07-14(a)        470.9   479.8     8.9    0.5  "Carbonate"-type; 1-5% Py
--------------------------------------------------
                   647.5   652.7     7.0    0.5  "Flow"-type; up to 20% Py
--------------------------------------------------


--------------------------------------------------
NFX07-15(a)        593.0   598.5     5.5    1.2 "Carbonate"-type; tr-1% Py
--------------------------------------------------
                   701.0   711.7    10.7    3.9  "Flow"-type; up to 25% Py
--------------------------------------------------
  Including        705.6   709.7     4.1    7.0
--------------------------------------------------


--------------------------------------------------
NFX07-16(a)        658.0   664.0     6.0    1.8       "Flow"-type; 3-5% Py
--------------------------------------------------
  Including        662.2   662.7     0.5    4.2
--------------------------------------------------


--------------------------------------------------
NFX07-17A(a)       600.5   601.0     0.5   12.2       Graphitic Fault Zone
--------------------------------------------------
                   686.5   691.3     4.8    6.0  "Carbonate"-type; 2-3% Py
--------------------------------------------------
  Including        690.0   691.3     1.3    9.7
--------------------------------------------------
                   736.9   745.0     8.1    4.9       "Flow"-type; 2-5% Py
--------------------------------------------------
  Including        738.0   741.0     3.0   11.4
--------------------------------------------------
Holes # 26, 27 and 28: No significant gold value


(a)Holes NFX07-11, 14, 15, 16 and 17A previously released





Larder Lake Property

Maximus is conducting the drilling program pursuant to the Option and Joint Venture Agreement between Maximus and NFX, whereby Maximus has the right to earn a 60% interest in NFX's 100% interest in the Cheminis, Fernland and Bear Lake claims and 45% interest in NFX's 100% owned Barber Larder claims, by expending $6 million on exploration by December 31, 2008. To date, Maximus have spent approximately $4,800,000.

As part of its QA/QC program, Maximus carries out check assays on the high-grade intersections with no discrepancies found in the assay results. The assays reported are the uncut average grades of all determinations from the same samples. The turnaround time for the reception of assay results from the lab is around 1.5 week (rush) to 3 weeks.

The technical content of the information, related to Larder Lake, was reviewed by Mr. Bernard Boily, P. Geo., responsible for supervising the drilling program and qualified person for Maximus under the guidelines of National Instrument 43-101. The analytical method for gold is one (1) assay-ton fire assay, AA determination with gravimetric finish on all samples reporting over 2 grams per tonne (g/t) gold. All assays reporting over 10g/t Au are automatically re-checked using the rejects. Assaying is done at Laboratoire Expert Inc. in Rouyn-Noranda, Quebec. The quality control process includes inserting blank samples and certified standards within each batch sent to the laboratory.

Forward-looking Statements

This release contains certain "forward-looking statements". All statements, other than statements of historical fact, that address activities, events or developments that the Company believes, expects or anticipates will or may occur in the future, are forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as "seek", "anticipate", "believe", "plan", "estimate", "expect", and "intend" and statements that an event or result "may", "will", "can", "should", "could" or "might" occur or be achieved and other similar expressions. These forward-looking statements reflect the current internal projections, expectations or beliefs of the Company based on information currently available to the Company. Forward-looking statements are subject to a number of risks and uncertainties, including those detailed from time to time in filings made by the Company with securities regulatory authorities, that may cause the actual results of the Company to differ materially from those discussed in the forward-looking statements, and even if such actual results are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on, the Company.

To view a map of the Larder Lake Property, please visit the following link: media3.marketwire.com/docs/NFX0331.pdf.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.
Bahnfahrn macht Spaß!!
Koch27:

News!!.

 
04.06.08 14:34

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Maximus Ventures Ltd.

TSX VENTURE: MXV
          §NFX Gold Inc.

TSX VENTURE: NFX
Jun 04, 2008 08:30 ET
Maximus and NFX Intersect New High Gold Grades in the Bear Lake Area at Larder Lake
Hole #44 intersects 13.6 g/t Au over 15.1 m, including 41.9 g/t Au over 4.4 m

LONGUEUIL, QUEBEC and TORONTO, ONTARIO--(Marketwire - June 4, 2008) - Maximus Ventures Ltd. ("Maximus") (TSX VENTURE:MXV) and NFX Gold Inc. ("NFX") (TSX VENTURE:NFX) are pleased to announce the results from several additional follow-up drill holes located in the Bear Lake area of the Larder Lake Property in Ontario. Hole #44 intersected 15.1 meters of carbonate-type mineralization grading 13.6 g/t gold, including a section of 4.4 meters grading 41.9 g/t gold. The intersection in hole #44 is located 300 m down-dip of the high-grade gold zone intersected in previously announced hole #11 which intersected 5.2 meters grading 10.4 g/t gold which is also in carbonate-type mineralization, as reported on August 16, 2007. Hole #44 is still in progress and has not yet reached the flow-type mineralization horizon target. Furthermore, hole #38 cut a 2.9 meter section of flow-type mineralization assaying 6.5 g/t gold, including 1.9 meters which yielded 8.9 g/t gold, and could represent a different mineralized shoot within the Bear Lake gold zone.

Other new intercepts along the Bear Lake gold zone also include hole #29 which intersected a 53.5 meter section of carbonate-type mineralization grading 0.3 g/t gold. The 2008 drilling program aims to test both carbonate and flow-type mineralization along the Bear Lake gold zone, laterally, up-plunge and down-plunge (down to 1,000 m vertical) of the intercept in hole #11.

A summary of the assay results received to date is presented in Table 1. Two holes (#33 and #37) were abandoned before reaching the mineralized zones due to technical problems and holes #40 and #41 had to be stopped prematurely before intersecting their respective targets due to the deteriorating ice conditions on Bear Lake this past April. These four holes will be re-drilled from new locations later this year.

All holes, except for holes #32 and #36, intersected both carbonate-type and flow-type mineralization. Typically, the results obtained to date at Bear Lake confirm the presence of high-grade and low-grade mineralized shoots occurring within carbonate-type and flow-type mineralization. They also indicate that the strongest alteration (albitization, silicification) and best mineralization occur below 400 meters vertical and improve with depth. These distinctive features were characteristic of the now-closed Kerr-Addison Mine located 5 km east of Bear Lake. The location of the future drill holes at Bear Lake will be adjusted to reflect this interpretation.

Project Update

Drilling from the ice surface at Bear Lake was terminated in mid-April and currently all drilling is being carried out from land. Three drill rigs are currently active. Of the budgeted 43,000 meter drilling program, a total of 15,700 meters has been completed to date at Larder Lake, of which 26 holes totalling 13,600 meters investigated the Bear Lake gold zone exclusively. Six holes were abandoned due to technical difficulties and will be re-drilled later. To date, the results from 16 holes drilled at Bear Lake have been released. The drilling program will continue to systematically test the Bear Lake gold zone along strike and down-plunge to a vertical depth of 1,000 meters, using a 125 meter to 150 meter hole spacing.

The 2008 drilling program will also test other promising gold targets on the Larder Lake Property. These targets are all located within the same rock units that host most of the gold occurrences along the Cadillac-Larder Lake Break, including the former Kerr-Addison mine. To date, approximately 20% of all the samples submitted to the laboratory for assaying are still outstanding. In order to improve the turn-around time for assays results, Maximus is now also sending samples to Polymet Labs located in Cobalt, Ontario.

Larder Lake Property

Maximus is conducting the drilling program pursuant to the Option and Joint Venture Agreement between Maximus and NFX, whereby Maximus has the right to earn a 60% interest in NFX's 100% interest in the Cheminis, Fernland and Bear Lake claims and 45% interest in NFX's 100% owned Barber Larder claims, by expending $6 million on exploration by December 31st, 2008. To date, Maximus has spent approximately $5,800,000.

Quality Assurance and Control

As part of its QA/QC program, Maximus carried out check assays on the high-grade intersections with no discrepancies found in the assay results. The assays reported are the uncut average grades of all determinations from the same samples. The analytical method for gold is one (1) assay-ton fire assay, with gravimetric finish on all samples. All assays reporting over 2 g/t Au are automatically re-checked using the rejects. Assaying was done at Laboratoire Expert in Rouyn-Noranda, Quebec and at Polymet Labs in Cobalt, Ontario. The quality control process includes inserting blank samples and certified standards within each batch sent to the laboratory.

Qualified Person

The technical content of the information contained in this news release was reviewed and approved by Mr. Bernard Boily, P. Geo., Maximus' Vice President of Exploration. Mr. Boily is responsible for supervising the drilling program and is a qualified person under National Instrument 43-101.

TABLE 1 - Highlights of Larder Lake Assay Results - Bear Lake Area is available at the following address: media3.marketwire.com/docs/maximus0604.pdf

Forward-looking Statements

This news release contains certain "forward-looking statements". All statements, other than statements of historical fact, that address activities, events or developments that Maximus believes, expects or anticipates will or may occur in the future, are forward-looking statements. These forward-looking statements reflect the current internal projections, expectations or beliefs of Maximus' management based on information currently available to Maximus. Forward-looking statements are subject to a number of known and unknown risks and uncertainties beyond Maximus' control including uncertainties related to potential mineralization, exploration results, completion of work program, and availability of equipment necessary for the drilling program and future plans and objectives of Maximus. Resource exploration, development and operations are highly speculative, characterized by a number of significant risks, which even a combination of careful evaluation, experience and knowledge may not eliminate, including, among other things, unprofitable efforts resulting not only from the failure to discover mineral resources but from finding mineral deposits which, though present, are insufficient in quantity and quality to return a profit from production. There can be no assurance that such statements will prove to be accurate and actual results could differ materially from those suggested by these forward-looking statements for various reasons discussed from time to time in filings made by the Company with securities regulatory authorities. All forward-looking statements herein are qualified by this cautionary statement. Accordingly, readers should not place undue reliance on forward-looking statements. The Company undertakes no obligation to update publicly or otherwise revise any forward-looking statements, except as may be required by law.

Maps of Larder Lake Property Plan View and Bear Lake Area Longitudinal Section are available at the following address: media3.marketwire.com/docs/larder_lake.pdf

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

For more information, please contact
Maximus Ventures Ltd.
Francois Viens
President and CEO
450-677-1009
450-677-2601 (FAX)
www.maximusventures.com

or

Investor Relations
Maximus Ventures Ltd.
Gerri Paxton/Louise Quinn
450-677-2054/677-3523
gpaxton@maximusventures.com
lquinn@maximusventures.com

or

NFX Gold Inc.
Thomas G. Larsen
President and CEO
416-360-8006 / Toll Free: 800-360-8006
416-361-1333 (FAX)
www.nfxgold.com
Click here to see all recent news from this company

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Bahnfahrn macht Spaß!!
Koch27:

ich glaub das sind die besten :

 
04.06.08 15:03

die wir jemals hatten!! Oder??

Hole #44 intersected 15.1 meters of carbonate-type mineralization grading 13.6 g/t gold, including a section of 4.4 meters grading 41.9 g/t gold.
Bahnfahrn macht Spaß!!
luiza1:

geil, koch27 es geht los ;-) thx, ed läuft 188,46%

 
04.06.08 15:12
0,750 €  45.000  188,46%  13:22  
Koch27:

@luiza1

 
04.06.08 15:15
das ist das ask bei Xetra
Bahnfahrn macht Spaß!!
luiza1:

@koch27 nö, das ist der kurs in einer stunde ;-)

 
04.06.08 15:29
Koch27:

News!!.

 
09.07.08 14:58

Maximus and NFX Announce New Drilling Results Extending the Bear Lake Gold Zone at Larder Lake
Hole #24AW intersects 1.4 meters grading 10.2g/t Au and hole 24A cuts 1.9 meters assaying 9.1 g/t Au

LONGUEUIL, QUEBEC and TORONTO, ONTARIO--(Marketwire - July 9, 2008) - Maximus Ventures Ltd. ("Maximus") (TSX VENTURE:MXV) and NFX Gold Inc. ("NFX") (TSX VENTURE:NFX) are pleased to announce additional results from the follow-up drilling program on the Bear Lake Gold Zone of the Larder Lake Property located in northeastern Ontario. Hole #24AW intersected 5.8 meters of flow-type mineralization grading 3.0 g/t gold, including a section of 1.4 meters grading 10.2 g/t gold. Furthermore, hole #24A cut a 1.9 meter section of carbonate-type mineralization assaying 9.1 g/t gold and hole #44W intersected 13.0 meters of carbonate-type mineralization grading 2.6 g/t gold, including a 1.5 meter section assaying 7.1 g/t gold and 3.2 meters assaying 5.1 g/t gold.

In addition, hole #35 cut 0.7 meter of pyritized sediments grading 7.2 g/t gold. This intersection represents a new zone south of the carbonate and flow-type mineralization and will be subject to further investigation as the drilling program progresses. "We are very happy that the drilling consistently hits the carbonate-type mineralization at Bear Lake" stated Francois Viens, President and CEO of Maximus. "We have adjusted the program to target the flow-type mineralization that consistently demonstrated the best continuity and gold grade at the historic Kerr-Addison Mine."

Highlights of recent results are tabulated below and complete results are presented in attached Table 1

The Highlights of recent drilling results are available at the following address: media3.marketwire.com/docs/...ghts_recent_drilling_results.pdf

At Bear Lake, most of the drill intercepts to date are in the carbonate-type mineralization. Three deeper holes targeting the flow-type mineralization below 700 meters vertical were abandoned before reaching their target (e.g. holes #42A, #43 and #44) due to the presence of a strongly altered shear zone located approximately half way between the carbonate-type and flow-type mineralized zones. At the now-closed Kerr Addison mine located 5 kilometers east of Bear Lake, the flow-ore, which produced 60% of the gold, yielded higher and more consistent gold grades than the carbonate-ore which constituted only 40% of the total production. Considering the significance of the flow-type mineralization in the exploration model at Bear Lake, the drilling program has been adjusted so that holes designed to test the Bear Lake gold zones below 700 meters vertical are drilled from south to north, in order to intersect the flow-type mineralization before intersecting the shear zone.

Project Update

Three drill rigs are currently active at Larder Lake. Of the budgeted 43,000-meter drilling program proposed for Larder Lake in 2008, a total of 19,500 meters of diamond drilling has been completed to date in 39 holes. The drilling program will continue to systematically test the Bear Lake gold zone along strike and down-plunge to a vertical depth of 1,000 meters, using a 125 meter to 150 meter hole spacing. The 2008 drilling program will also test other promising gold targets on the Larder Lake Property. These targets are all located within the same rock units that host most of the gold occurrences along the Cadillac-Larder Lake Break, including the historic Kerr-Addison mine. To date, approximately 5% of all the samples submitted to the laboratory for assaying are still outstanding.

Larder Lake Property

Maximus is conducting the drilling program pursuant to the Option and Joint Venture Agreement between Maximus and NFX, whereby Maximus has the right to earn a 60% interest in NFX's 100% interest in the Cheminis, Fernland and Bear Lake claims and 45% interest in NFX's 100% owned Barber Larder claims, by expending $6 million on exploration by December 31, 2008. On July 4, 2008, Maximus notified NFX that it has met its $6 million expenditure commitment. Subject to NFX's review of the notice and documentation submitted with it, Maximus will be deemed to have earned a 60% and 45% undivided interest in the properties as described above.

NFX-Maximus Merger

On June 13, 2008, Maximus and NFX announced that they have entered into an agreement to combine the two companies on the basis of one (1) NFX share for each one (1) Maximus share. Based on the share exchange ratio, the Maximus and NFX shareholders will own approximately 58% and 42%, respectively, of the combined common shares outstanding. Completion of the transaction is subject to usual terms and conditions for such a transaction, including completion of due diligence, completion and execution of definitive business combination documentation, receipt of opinions from qualified investment dealers that the transaction is fair to the shareholders of NFX and Maximus, receipt of all required regulatory and securityholder approvals and no material adverse changes occurring in the financial condition of either company.

Quality Assurance and Control

As part of its QA/QC program, Maximus carried out check assays on the high-grade intersections with no discrepancies found in the assay results. The assays reported are the uncut average grades of all determinations from the same samples. The analytical method for gold is one (1) assay-ton fire assay, with gravimetric finish on all samples. All assays reporting over 2 g/t Au are automatically re-checked using the rejects. Assaying was done at Laboratoire Expert in Rouyn-Noranda, Quebec and at Polymet Labs in Cobalt, Ontario. The quality control process includes inserting blank samples and certified standards within each batch sent to the laboratory.

Qualified Person

The technical content of the information contained in this news release was reviewed and approved by Mr. Bernard Boily, P. Geo., Maximus' Vice President of Exploration. Mr. Boily is responsible for supervising the drilling program and is a qualified person under National Instrument 43-101.

Forward-looking Statements

This news release contains certain "forward-looking statements". All statements, other than statements of historical fact, that address activities, events or developments that Maximus and NFX believes, expects or anticipates will or may occur in the future, are forward-looking statements. These forward-looking statements reflect the current internal projections, expectations or beliefs of management of Maximus and NFX based on information currently available to them. Forward-looking statements are subject to a number of known and unknown risks and uncertainties beyond Maximus and NFX's control including uncertainties related to the completion of the proposed business combination, potential mineralization, exploration results, completion of work program, and availability of equipment necessary for the drilling program and future plans and objectives of the companies. Resource exploration, development and operations are highly speculative, characterized by a number of significant risks, which even a combination of careful evaluation, experience and knowledge may not eliminate, including, among other things, unprofitable efforts resulting not only from the failure to discover mineral resources but from finding mineral deposits which, though present, are insufficient in quantity and quality to return a profit from production. There can be no assurance that such statements will prove to be accurate and actual results could differ materially from those suggested by these forward-looking statements for various reasons discussed from time to time in filings made by the companies with securities regulatory authorities. All forward-looking statements herein are qualified by this cautionary statement. Accordingly, readers should not place undue reliance on forward-looking statements. Maximus and NFX undertakes no obligation to update publicly or otherwise revise any forward-looking statements, except as may be required by law.

Table 1 (Larder Lake Assay Results - Bear Lake Area) is available at the following address: media3.marketwire.com/docs/...lake_assay_results_bear_lake.pdf

Larder Lake Property Plan View, Bear Lake Area Longitudinal Section - Carbonate-type Mineralization Map and Bear Lake Area Longitudinal Section - Flow-type Mineralization Map are available at the following address: media3.marketwire.com/docs/ImageMap_0709.pdf
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Koch27:

News!!.

 
04.09.08 15:04
Sep 04, 2008 08:48 ET
Maximus and NFX Report More High-Grade Results From the Bear Lake Gold Zone at Larder Lake
Hole #49 intersects 9.5 meters grading 19.4g/t Au

LONGUEUIL, QUEBEC and TORONTO, ONTARIO--(Marketwire - Sept. 4, 2008) - Maximus Ventures Ltd. ("Maximus") (TSX VENTURE:MXV) and NFX Gold Inc. ("NFX") (TSX VENTURE:NFX) are pleased to report new results from the follow-up drilling program on the Bear Lake gold zone of the Larder Lake Property located in northeastern Ontario. Hole #49 intersected, at 750 meters vertical depth, 9.5 meters of carbonate-type mineralization grading 19.4 g/t gold, including a section of 6.5 meters grading 27.9 g/t gold. This intercept is located 100 meters down dip and 150 meters to the east of hole #44, which intersected 15.1 meters grading 13.6 g/t gold, as reported in a press release dated June 4, 2008.

The high grade gold intercept in hole #49 confirms the deeper extension and continuity of high-grade gold values along the Bear Lake gold zone to depths of 750 meters vertical, more than 75 meters deeper than any prior intercept. Furthermore, the alteration (albitization, silicification) and the mineralization intersected to date all seem to increase in strength with depth, suggesting the Bear Lake Gold Zone remains open to depth.

"Although our primary target is the flow-type mineralization, we are pleased with the continuity and high grade of the carbonate-style mineralization, now developing as a primary target as well," stated Francois Viens, president and CEO of Maximus. "Both mineralized systems show great strength and continuity and are still open at depth and to the east".

Drilling Strategy

Most of the high-grade intersections obtained to date occur within "carbonate-type" mineralization, and were intersected in drill holes completed from north to south. Testing the parallel "flow-type" mineralization from the north has not been successful below 700 meters vertical and thirteen holes had to be abandoned either for technical problems or because of the strongly altered shear zone that lies between the carbonate-type and flow-type mineralization. However, approximately 60% of the gold produced at the now-closed Kerr Addison mine, located 5 kilometres east of the Bear Lake gold zone came from flow-ore, which historically produced higher and more consistent gold grades than the carbonate-ore (Smith, P., 1991, Archean Au-Ag-(W) Quartz Vein Mineralization within the Larder Lake-Cadillac Break, Kerr-Addison-Chesterville System, North-East Ontario, Master Thesis, U. of Toronto). Considering the significance of both types of mineralization in the exploration model at Bear Lake, the current drill program has been adjusted so that holes designed to test the Bear Lake gold zones at depths below 700 meters vertical are drilled from south to north in order to test the flow-type mineralization (before reaching the shear zone), and from north to south to test the carbonate-type mineralization.

Holes #47, also drilled at Bear Lake, deviated much more than anticipated and intersected 5.5 meters of altered flow-type mineralization at a depth of 415 meters vertical, which assayed 0.5g/t of gold, and intersected 2.0 meters of strongly altered carbonate-type mineralization grading 2.5g/t of gold at 600 meters vertical. These highly anomalous gold values, coupled with the strong alteration encountered in all the holes drilled below 400 meters, demonstrate the presence of a large gold mineralized system in the Bear Lake area.

Assay results from holes #46 and #48 drilled, at Fernland (located 2.3 kilometers west of Bear Lake), were also received and are reported in Table 1. Both holes tested favourable high-iron mafic volcanics (possible "flow-type" mineralization), west of the Fernland shaft and down-plunge from hole NFX06-15 (5.3 meters grading 1.8g/t gold, including 1.5 meters which assayed 4.7g/t gold). Although sub-economic, the strength of the alteration observed in the holes, and the significant widths of the flow-type mineralization intersected, seem to indicate a strong mineralized system below 400 meters vertical, which opens up a large area that warrants additional deeper drilling.

Highlights of recent results are presented below and complete results are presented in Table 1 available at the following address: media3.marketwire.com/docs/maximus_0904.pdf

Highlights of Recent Drilling Results at Larder Lake are available at the following address: media3.marketwire.com/docs/maximus_1_0904.pdf

Project Update

Three drill rigs are currently active at the Larder Lake Gold Project. Of the budgeted 43,000-meter drilling program that started in September 2007 at Larder Lake, a total of 25,000 meters of diamond drilling has been completed to date, in 45 holes. The drilling program will continue to test the Bear Lake gold zone with two drill rigs directed at down-plunge extensions of the high grade gold mineralization discovered to date, and a third drill rig is directed at strike extensions, all testing to a vertical depth of over 1,000 meters, using a 125 meter to 150 meter hole spacing. The 2008 drilling program will also test other promising gold targets on the Larder Lake Property. These targets are all located within the same rock units that host most of the gold occurrences along the Cadillac-Larder Lake Break, including the historic Kerr-Addison mine.

Larder Lake Property

Maximus has a 60% interest in the Cheminis, Bear Lake and Fernland projects and a 45% interest in the Barber Larder project, which together comprise the Larder Lake Gold Project located in northeastern Ontario. NFX has a 40% and 55% interest, respectively, in these projects.

NFX-Maximus Merger

As previously announced, Maximus and NFX have entered into a definitive arrangement agreement providing for the acquisition by NFX of all outstanding common shares of Maximus (the "Business Combination") in consideration of which each shareholder of Maximus will receive one (1) common share of NFX pursuant to a plan of arrangement under the Business Corporations Act (British Columbia) (the "Arrangement"). Currently, Maximus has approximately 74 million common shares issued and outstanding while NFX has approximately 53 million common shares issued and outstanding. Based on the one for one share exchange ratio, the Maximus and NFX shareholders will own approximately 58% and 42%, respectively, of the combined common shares outstanding. The Arrangement must be approved by two-thirds of the votes cast by shareholders present and voting at the special meeting of Maximus shareholders called to consider the Arrangement.

Maximus and NFX currently expect to hold their respective shareholder meetings on September 11, 2008 and to close the transaction on or about September 16, 2008.

The completion of the Business Combination is subject to the approval of the Supreme Court of British Columbia, the TSX Venture Exchange and all applicable regulatory authorities, and is further subject to other customary conditions set out in the arrangement agreement.

Quality Assurance and Control

As part of its QA/QC program, Maximus carried out check assays on the high-grade intersections with no discrepancies found in the assay results. The assays reported are the uncut average grades of all determinations from the same samples. The analytical method for gold is one (1) assay-ton fire assay, with gravimetric finish on all samples. All assays reporting over 2 g/t Au are automatically re-checked using the rejects. Assaying is done at Polymet Labs in Cobalt, Ontario. The quality control process includes inserting blank samples and certified standards within each batch sent to the laboratory.

Qualified Person

The technical content of the information contained in this news release was reviewed and approved by Mr. Bernard Boily, P. Geo., and Maximus' Vice President of Exploration. Mr. Boily is responsible for supervising the drilling program and is a qualified person under National Instrument 43-101.

Forward-looking Statements

This news release contains certain "forward-looking statements". All statements, other than statements of historical fact, that address activities, events or developments that Maximus and NFX believes, expects or anticipates will or may occur in the future, are forward-looking statements. These forward-looking statements reflect the current internal projections, expectations or beliefs of management of Maximus and NFX based on information currently available to them. Forward-looking statements are subject to a number of known and unknown risks and uncertainties beyond Maximus and NFX's control including uncertainties related to the completion of the proposed business combination, potential mineralization, exploration results, completion of work program, and availability of equipment necessary for the drilling program and future plans and objectives of the companies. Resource exploration, development and operations are highly speculative, characterized by a number of significant risks, which even a combination of careful evaluation, experience and knowledge may not eliminate, including, among other things, unprofitable efforts resulting not only from the failure to discover mineral resources but from finding mineral deposits which, though present, are insufficient in quantity and quality to return a profit from production. There can be no assurance that such statements will prove to be accurate and actual results could differ materially from those suggested by these forward-looking statements for various reasons discussed from time to time in filings made by the companies with securities regulatory authorities. This cautionary statement qualifies all forward-looking statements herein. Accordingly, readers should not place undue reliance on forward-looking statements. Maximus and NFX undertake no obligation to update publicly or otherwise revise any forward-looking statements, except as may be required by law.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.
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