Operations Update On The Juina Claims In Mato Grosso

VANCOUVER, BC - Maxtech Ventures Inc. reported updates on operations at the Company’s flagship properties in Juina in Mato Grosso, Brazil. Maxtech’s Brasnorte Project is located in Juina, Mato Grosso, and mean levels obtained on the claim were 50%+ manganese metal, with analyses performed by SGS Geosol Laboratorios LTDA., Belo Horizonte, Brazil. Maxtech received the final Juina claims geological review which is the key element to the Guia process of the Brazilian Departamento Nacional de Produção Mineral (DNPM). The Brazil-based geologist noted the claim is composed of manganese mineralization with structural characteristics of tectonic interleaving where the outcrops are well exposed within the area.

The trial mining license, or Guia application, prepared by the Brazil-based geologist has been successfully lodged with the Brazil mining authority, Departamento Nacional de Produção Mineral (“DNPM”), and all the associated fees have been paid and confirmation of the processo code has been received. The Plano De Controle Ambiental (“PCA”), which is an environmental control plan enabling the claims to be licensed in the Environmental Institute, has been completed and submitted to the Mato Grosso State Environmental Agency (“SEMA”), and all applicable fees have been tendered. The environmental authorities of the state of Mato Grosso, Brazil, (SEMA), upon approval of the plan, will then grant the Preliminary Environmental License (“LP”). The team in Brazil, led by MLB DE Nogueira, additionally filed a Licenca de Operacao, or operations license, in Cuiaba with SEMA to speed up the process for the trial mining license (“Guia”). The Maxtech team is now awaiting notification of visits by government agents in the vetting of our trial mining application for final approval to begin initial mining operations in Mato Grosso.