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MAX drills 13.7 m of 30 g/t (0.96 oz/t) silver and 0.47% copper in fourth hole at Majuba Hill, Nevada; additional assay results pending
TSX-V: M XR               ...
About this update from Max Resource Corp
[{"type":"text","content":"\n\n\n\n\n\nTSX-V: MXR                 \nOTC BB: MXROF\nFrankfurt: M1D\n\n\nVANCOUVER, Oct. 12, 2011 /CNW/ - Max Resource Corp. (TSX.V: MXR) (OTCBB: MXROF) (Frankfurt: M1D) has received the results from the fourth hole of an eight hole (1,112\n metre) drill program recently completed at its Majuba Hill\n copper/silver project in Nevada.  This fourth hole, MM-05, intercepted 13.7 meters of 30.0 g/t (0.96 oz/t) Ag and 0.47% Cu within a longer interval of 89.3 m of 16.5 g/t (0.53 oz/t) Ag and 0.28% Cu. Assay results are pending from the remaining four holes.\n\n\nHole MM-05 was the second of five core holes drilled to test results\n reported by Minterra Resource Corp. from a reverse-circulation drill\n program conducted in 2007.   This hole was drilled to a depth of 89.3\n meters at the same location as Minterra's drill hole MH-05 and\n confirmed similar values for both copper and silver as those reported\n by Minterra.  Our first drill hole testing Minterra's results, MM-03,\n (see our news release of September 27, 2011) intercepted 42.7 m of 37.5 g/t (1.21 oz/t) Ag and 0.38% Cu, inclusive of 10.7 m of 90.2 g/t (2.90 oz/t) Ag and 0.93% Cu.  Hole MM-03 confirmed higher results for both copper and silver than\n previously reported, with some silver results almost double those\n reported by Minterra, due to the improved sample recovery provided by\n core drilling.\n\n\nThe complete assay results from hole MM-05, as well as from hole MM-03\n (previously reported), are as follows:\n\n\nHole\n\n\nAngle\n\n\nTotal Depth(m)\n\n\nFrom (m)\n\n\nTo (m)\n\n\nThickness (m)\n\n\nCu (%)\n\n\nAg (g/t)\n\n\nAg (oz/t)\n\n\nMM-05\n\n\n-45\n\n\n89.3\n\n\n0\n\n\n89.3\n\n\n89.3\n\n\n0.28%\n\n\n16.5\n\n\n0.53\n\n\nincludes\n\n\n \n\n\n \n\n\n1.5\n\n\n15.2\n\n\n13.7\n\n\n0.47%\n\n\n30.0\n\n\n0.96\n\n\nincludes\n\n\n \n\n\n \n\n\n3.0\n\n\n4.5\n\n\n1.5\n\n\n0.95%\n\n\n71.6\n\n\n2.30\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\nMM-03\n\n\n-70\n\n\n158.6\n\n\n91.5\n\n\n134.1\n\n\n42.7\n\n\n0.38%\n\n\n37.5\n\n\n1.21\n\n\nincludes\n\n\n \n\n\n \n\n\n102.1\n\n\n112.8\n\n\n10.7\n\n\n0.93%\n\n\n90.2\n\n\n2.90\n\n\nincludes\n\n\n \n\n\n \n\n\n106.7\n\n\n1...