NFX

Maximus Ventures Ltd. ("Maximus") (TSX VENTURE:MXV) and NFX Gold Inc. ("NFX")
(TSX VENTURE:NFX) are pleased to report new results from the follow-up drilling
program on the Bear Lake gold zone of the Larder Lake Property located in
northeastern Ontario.  Hole #49 intersected, at 750 meters vertical depth, 9.5
meters of carbonate-type mineralization grading 19.4 g/t gold, including a
section of 6.5 meters grading 27.9 g/t gold.  This intercept is located 100
meters down dip and 150 meters to the east of hole #44, which intersected 15.1
meters grading 13.6 g/t gold, as reported in a press release dated June 4, 2008.


The high grade gold intercept in hole #49 confirms the deeper extension and
continuity of high-grade gold values along the Bear Lake gold zone to depths of
750 meters vertical, more than 75 meters deeper than any prior intercept. 
Furthermore, the alteration (albitization, silicification) and the
mineralization intersected to date all seem to increase in strength with depth,
suggesting the Bear Lake Gold Zone remains open to depth.


"Although our primary target is the flow-type mineralization, we are pleased
with the continuity and high grade of the carbonate-style mineralization, now
developing as a primary target as well," stated Francois Viens, president and
CEO of Maximus. "Both mineralized systems show great strength and continuity and
are still open at depth and to the east".


Drilling Strategy

Most of the high-grade intersections obtained to date occur within
"carbonate-type" mineralization, and were intersected in drill holes completed
from north to south.  Testing the parallel "flow-type" mineralization from the
north has not been successful below 700 meters vertical and thirteen holes had
to be abandoned either for technical problems or because of the strongly altered
shear zone that lies between the carbonate-type and flow-type mineralization. 
However, approximately 60% of the gold produced at the now-closed Kerr Addison
mine, located 5 kilometres east of the Bear Lake gold zone came from flow-ore,
which historically produced higher and more consistent gold grades than the
carbonate-ore (Smith, P., 1991, Archean Au-Ag-(W) Quartz Vein Mineralization
within the Larder Lake-Cadillac Break, Kerr-Addison-Chesterville System,
North-East Ontario, Master Thesis, U. of Toronto).  Considering the significance
of both types of mineralization in the exploration model at Bear Lake, the
current drill program has been adjusted so that holes designed to test the Bear
Lake gold zones at depths below 700 meters vertical are drilled from south to
north in order to test the flow-type mineralization (before reaching the shear
zone), and from north to south to test the carbonate-type mineralization.


Holes #47, also drilled at Bear Lake, deviated much more than anticipated and
intersected 5.5 meters of altered flow-type mineralization at a depth of 415
meters vertical, which assayed 0.5g/t of gold, and intersected 2.0 meters of
strongly altered carbonate-type mineralization grading 2.5g/t of gold at 600
meters vertical.  These highly anomalous gold values, coupled with the strong
alteration encountered in all the holes drilled below 400 meters, demonstrate
the presence of a large gold mineralized system in the Bear Lake area.


Assay results from holes #46 and #48 drilled, at Fernland (located 2.3
kilometers west of Bear Lake), were also received and are reported in Table 1.
Both holes tested favourable high-iron mafic volcanics (possible "flow-type"
mineralization), west of the Fernland shaft and down-plunge from hole NFX06-15
(5.3 meters grading 1.8g/t gold, including 1.5 meters which assayed 4.7g/t
gold).  Although sub-economic, the strength of the alteration observed in the
holes, and the significant widths of the flow-type mineralization intersected,
seem to indicate a strong mineralized system below 400 meters vertical, which
opens up a large area that warrants additional deeper drilling.


Highlights of recent results are presented below and complete results are
presented in Table 1 available at the following address:
http://media3.marketwire.com/docs/maximus_0904.pdf


Highlights of Recent Drilling Results at Larder Lake are available at the
following address: http://media3.marketwire.com/docs/maximus_1_0904.pdf


Project Update

Three drill rigs are currently active at the Larder Lake Gold Project. Of the
budgeted 43,000-meter drilling program that started in September 2007 at Larder
Lake, a total of 25,000 meters of diamond drilling has been completed to date,
in 45 holes.  The drilling program will continue to test the Bear Lake gold zone
with two drill rigs directed at down-plunge extensions of the high grade gold
mineralization discovered to date, and  a third drill rig is directed at strike
extensions, all testing to a vertical depth of over 1,000 meters, using a 125
meter to 150 meter hole spacing.  The 2008 drilling program will also test other
promising gold targets on the Larder Lake Property.  These targets are all
located within the same rock units that host most of the gold occurrences along
the Cadillac-Larder Lake Break, including the historic Kerr-Addison mine.


Larder Lake Property

Maximus has a 60% interest in the Cheminis, Bear Lake and Fernland projects and
a 45% interest in the Barber Larder project, which together comprise the Larder
Lake Gold Project located in northeastern Ontario. NFX has a 40% and 55%
interest, respectively, in these projects.


NFX-Maximus Merger

As previously announced, Maximus and NFX have entered into a definitive
arrangement agreement providing for the acquisition by NFX of all outstanding
common shares of Maximus (the "Business Combination") in consideration of which
each shareholder of Maximus will receive one (1) common share of NFX pursuant to
a plan of arrangement under the Business Corporations Act (British Columbia)
(the "Arrangement"). Currently, Maximus has approximately 74 million common
shares issued and outstanding while NFX has approximately 53 million common
shares issued and outstanding. Based on the one for one share exchange ratio,
the Maximus and NFX shareholders will own approximately 58% and 42%,
respectively, of the combined common shares outstanding. The Arrangement must be
approved by two-thirds of the votes cast by shareholders present and voting at
the special meeting of Maximus shareholders called to consider the Arrangement.


Maximus and NFX currently expect to hold their respective shareholder meetings
on September 11, 2008 and to close the transaction on or about September 16,
2008.


The completion of the Business Combination is subject to the approval of the
Supreme Court of British Columbia, the TSX Venture Exchange and all applicable
regulatory authorities, and is further subject to other customary conditions set
out in the arrangement agreement.


Quality Assurance and Control

As part of its QA/QC program, Maximus carried out check assays on the high-grade
intersections with no discrepancies found in the assay results. The assays
reported are the uncut average grades of all determinations from the same
samples.  The analytical method for gold is one (1) assay-ton fire assay, with
gravimetric finish on all samples.  All assays reporting over 2 g/t Au are
automatically re-checked using the rejects.  Assaying is done at Polymet Labs in
Cobalt, Ontario. The quality control process includes inserting blank samples
and certified standards within each batch sent to the laboratory.


Qualified Person

The technical content of the information contained in this news release was
reviewed and approved by Mr. Bernard Boily, P. Geo., and Maximus' Vice President
of Exploration. Mr. Boily is responsible for supervising the drilling program
and is a qualified person under National Instrument 43-101.


Forward-looking Statements

This news release contains certain "forward-looking statements". All statements,
other than statements of historical fact, that address activities, events or
developments that Maximus and NFX believes, expects or anticipates will or may
occur in the future, are forward-looking statements. These forward-looking
statements reflect the current internal projections, expectations or beliefs of
management of Maximus and NFX based on information currently available to them.
Forward-looking statements are subject to a number of known and unknown risks
and uncertainties beyond Maximus and NFX's control including uncertainties
related to the completion of the proposed business combination, potential
mineralization, exploration results, completion of work program, and
availability of equipment necessary for the drilling program and future plans
and objectives of the companies.  Resource exploration, development and
operations are highly speculative, characterized by a number of significant
risks, which even a combination of careful evaluation, experience and knowledge
may not eliminate, including, among other things, unprofitable efforts resulting
not only from the failure to discover mineral resources but from finding mineral
deposits which, though present, are insufficient in quantity and quality to
return a profit from production. There can be no assurance that such statements
will prove to be accurate and actual results could differ materially from those
suggested by these forward-looking statements for various reasons discussed from
time to time in filings made by the companies with securities regulatory
authorities. This cautionary statement qualifies all forward-looking statements
herein. Accordingly, readers should not place undue reliance on forward-looking
statements. Maximus and NFX undertake no obligation to update publicly or
otherwise revise any forward-looking statements, except as may be required by
law.

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