Junior gold company Maximus Resources has entered into a new asset sale agreement for its Burbanks gold mill, in Western Australia.
The ASX-listed company has reached an agreement with Mineral Ventures to acquire the asset for an initial A$2.8-millio, with a final payment of A$2.4-million to be made within 72 hours of the removal of the existing mortgage on the Burbanks tenements by the former mill buyers.