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MAX begins drilling at Table Top gold project in Nevada.
MAX begins drilling at Table Top gold project in Nevada.
About this update from Max Resource Corp
[{"type":"text","content":"\n\n\n\nVANCOUVER, Apr. 7, 2010 (Canada NewsWire Group) -- /CNW/ -- MAX Resource Corp. (TSX.V: MXR; OTCBB: MXROF; Frankfurt: M1D) has begun a 16-hole core drill program at its wholly-owned Table Top gold project in Humboldt County, Nevada. This drill program follows an extensive trenching program that has been conducted on recently acquired claims at Table Top, with assay results pending.The Table Top property is comprised of 171 claims (3,420 acres) located 10 miles west of the town of Winnemucca, Nevada, just off of Interstate 80.Table Top is located along the Kings River Rift, a regional geologic feature that appears to control mineralization in the area and which hosts multiple high-grade vein-related gold systems. Along this trend is AMAX's Sleeper Canyon Mine (2.5 MM oz Au produced), located 25 miles to the north, the Goldbanks gold occurrence located 37 miles to the south, and the Sandman gold deposits (a joint venture between Newmont Mining Corporation and Fronteer Development Group Inc.) immediately to the north where drilling by Newmont continues to highlight the high-grade nature of near-surface gold mineralization.MAX now controls all prospective land available between Table Top and Sandman, where Newmont can earn a 60% interest by spending $23 Million on exploration and advancing the project to a production decision by June 2011. Maps showing the Kings River Rift and the new claims staked by MAX are available on our web site at www.maxresource.com.Clancy Wendt, VP Exploration states \"The trenching and drilling program was determined after having reviewed aerial photos, geology maps, geochemical assay maps, and geophysics, as well as data from the limited drilling conducted to date on the property by prior operators. Also, having reviewed the drill results reported by Fronteer to the immediate north at Sandman, we have a better understanding of the mineralizing systems in the area, especially in the area of rock type, mineralization, structure and alteration seen at the surface. We feel that the Table Top area is geologically favorable for the discovery of a medium-sized, high grade, sedimentary style oxide gold deposit in a near surface environment.\"This news release has been reviewed by Mr. Clancy J. Wendt, P. Geo, a \"qualified person\" as that term is defined under National Instrument 43-101. The historic infor...