Mr. Peter Wilson reports

MAXTECH PREPARES FOR MINING ON BRASNORTE PROJECT AFTER UNIVERSITY OF BRASILIA STUDY

Results of the University of Brasilia report on Maxtech Ventures Inc.'s Juina claims were extremely positive and the company will begin preparations to sample mine once final Guia approval is granted.

Maxtech, in co-operation with researchers from the Applied Geophysics Laboratory of the Institute of Geosciences at the University of Brasilia, conducted a geophysical campaign to identify the anomalous geophysical patterns related to manganese occurrences on four claims of the Brasnorte project in order to prepare for Guia approval and commence mining operations in Juina.

The University of Brasilia researchers identified manganese ore occurrences near to alkali granite bodies. Throughout the granite, manganese films were noted along the largest fractures, and eventually a higher concentration of manganese ore. Manganese ore was identified along these fractures dispersed in the soil in the form of blocks and pebbles. In addition, larger blocks were found in areas with higher concentrations of manganese ore in darker soils (purple in black).

Maxtech is awaiting final approval of the Brazil trial mining licence to begin mining in Juina. The Guia process of the Brazilian Departamento Nacional de Producao Mineral (DNPM) has been submitted. The company recently received the operating licence and final environmental charges for the Guia which is clear indication the process is near completion. Once granted, Maxtech will begin sample mining in Juina.

Vanadium

The company's recently staked vanadium claims in Maracas comprise two blocks and are situated near and on trend with Largo Resources Maracas Menchen producing vanadium mine in the state of Bahia. Maxtech will be sending an exploration team to Maracas to develop a comprehensive research report on the recent acquisition.

Peter Wilson, chief executive officer, stated: "When we allocate our resources they must bring the best possibility of near-term value and revenues to the company. This acquisition represents a fantastic early-mover position for us, in a proven vanadium district."

About Maxtech Ventures Inc.

Maxtech Ventures is a Canadian-based diversified industries corporation focused primarily on manganese mineral properties.

We seek Safe Harbor.