Engages GeoQuest in Lusaka
Vancouver, British Columbia – February 12th 2018 – Maxtech Ventures Inc. (CSE: MVT) (Frankfurt: M1N) (OTC: MTEHF), (“Maxtech” or the “Company”) begins due diligence on manganese mineralization in Central Province, Zambia.
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. GeoQuest has both in-house English and French speaking capability.
GeoQuest is led and managed by Julian D. Green BSc., MSc., D.I.C., CGeol., EURGeol, FGS, FSAIMM. Julian has worked as a Professional Exploration Geologist in Eastern Europe, Australia and particularly Central and Southern Africa for a variety of mining and exploration companies including Tesla, KGHM, Rio Tinto and Caledonia. Since being in Africa he has worked professionally in Zambia, Zimbabwe, Malawi, Mozambique, Botswana and the DRC. GeoQuest can provide a wide range of Property / Project Assessment and Evaluation Services to assist with Acquisition, Merger, Joint Venture and Fund Raising – including Competent Person Reporting (CPR’s).
Zambia is one of the largest copper producers in Africa, and draws revenue from mining companies through taxes and royalties. At the recent Mining Indaba 2018 conference in Cape Town, South Africa, the Zambian Minister of Mines and Mineral Development, Hon Christopher Yaluma noted Zambia remained one of the most favorable Investment destinations in Southern Africa. Hon Yaluma added that Zambia due to the new mining policy instituted in 2014 is a lucrative mining jurisdiction for investors and global mining companies.
About Maxtech Ventures Inc.
Maxtech Ventures Inc. is a Canadian based diversified industries corporation with gold and manganese mineral properties. Its focus is on mining and the products that are derived therefrom.
Further information about the Company is available on www.SEDAR.com under the Company’s profile.
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
Certain statements contained in this release may constitute “forward–looking statements” or “forward-looking information” (collectively “forward-looking information”) as those terms are used in the Private Securities Litigation Reform Act of 1995 and similar Canadian laws. These statements relate to future events or future performance. The use of any of the words “could”, “intend”, “expect”, “believe”, “will”, “projected”, “estimated”, “anticipates” and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company’s current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. In particular, this release contains forward-looking information relating to the business of the Company, the Property, financing and certain corporate changes. The forward-looking information contained in this release is made as of the date hereof and the Company is not obligated to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward-looking information. The foregoing statements expressly qualify any forward-looking information contained herein.