Vancouver, British Columbia – August 2nd 2018 – Maxtech Ventures Inc. (CSE: MVT) (Frankfurt: M1N) (OTC: MTEHF) (“Maxtech” or the “Company”) is pleased to announce Maxtech Mining Zambia’s two large scale exploration licenses filed in Zambia have been validated by the Minister of Mines and Mineral Development of Zambia.
The first large-scale exploration license is for an area of interest claim in the Mukambala area within the Mkushi District of the Central Province. The second area of interest is for a large-scale exploration license is in the Kabamba area within the Masaiti & Mkushi Districts of the Copperbelt and Central Provinces.
As previously announced on May 9th 2018 by the Company, two specific license areas have shown the potential for high-grade manganese mineralization with grades up to 70% Mn as well as vanadium from initial research prepared by the Company’s Zambian-based geology team, GeoQuest. The exploration licenses submitted to the Minister of Mines have detailed exploration and production outlines up to 4 years covering cobalt, vanadium, nickel and copper mining rights on the areas.
GeoQuest, based in Lusaka will begin the preparation of an EPB (Environmental Project Brief), their team will begin sampling the properties for Manganese and Vanadium mineralization, current status of formal mining activities in the area, the extent-status of any artisanal mining and if necessary, further secure the areas for the Company.
GeoQuest is a fully independent Geological (Geotechnical), Environmental, GIS and Hydrogeological Consultancy and Contract Services Group based in Southern / Central Africa. The company has offices in Zambia, The Democratic Republic of Congo and Zimbabwe but has also worked in Botswana, Gabon, Malawi, Mozambique, Namibia, Republic of Congo, Rwanda, Uganda and Tanzania. http://www.geoquest.co.zm
About Maxtech Ventures Inc.
Maxtech Ventures Inc. is a Canadian-based diversified industries corporation focused primarily on manganese mineral properties.
For additional information see the Company’s web site at http://www.maxtech-ventures.com
Email to [email protected]
Further information about the Company is available on www.SEDAR.com under the Company’s profile.
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