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Metallic Screen assays confirm high grade gold results at Crowsnest
Metallic Screen assays confirm high grade gold results at Crowsnest
About this update from Goldrea Resources Corp.
[{"type":"text","content":"\n\n\n\nDec. 10, 2009 (Canada NewsWire Group) -- VANCOUVER, Dec. 10 /CNW/ -- MAX Resource Corp. (TSX.V: MXR; OTCBB: MXROF; Frankfurt: M1D) has received the results of the Metallic Screen assays conducted on all samples from its recent reverse circulation drill program at the Crowsnest gold project in Southeastern B.C. These Metallic Screen assays were used to verify previous results in samples where coarse gold was found and have confirmed all assay results reported in our news release of November 24, 2009 including those from hole RC 09-7, which returned 19.03 grams per tonne (g/t) gold over 6.1 meters, including 1.5 meters of 50.26 g/t gold.A total of 26 reverse circulation drill holes totaling 799 meters were completed and two new trenches were dug, sampled and drilled to the west of the original Discovery Trench area, where MAX sampled gossan mineralization in June that returned an assay of 104 g/t Au. Of the 26 holes drilled, seven holes (including RC 09-07) contained gold intercepts greater than 2 g/t over 1.5 meters and a further six drill holes returned values ranging from 0.5 g/t to 1.86 g/t Au over minimum 1.5 meter intervals. All mineralization was intercepted within 30 meters of surface. A map showing the location of the trenches and drill holes completed at Crowsnest is available on our web site at www.maxresource.com.An extensive exploration program will be conducted in 2010 to extend the area of high grade mineralization at Crowsnest and test new targets identified during surface exploration and review of historic data. These include drill results reported by Goldrea Resources in 2002 that included:- DDH 02-03, drilled 200 meters due south (up hill) from the DiscoveryTrench, that intercepted 42.5 meters of 0.4 g/t, including 12 metersof 1.05 g/t Au, and 3 meters of 2.58 g/t Au.- DDH 02-09, drilled 100 meters east of DDH 02-03, that intercepted 9meters of 0.44 g/t Au.This area, as well as other areas of surface mineralization recently identified on the property, will be examined during the 2010 exploration program. The mineralized envelope at Crowsnest, as currently defined, appears to cover a surface area of 6,000 x 2,500 feet and is open in all four directions.The Crowsnest gold project consists of 15 claims totaling 3,142 hectares located in Southeast B.C., one and one half hours by gravel road south of the town...