Business
Max Resource and a Major Copper Mining Company Contracts Fathom Geophysics to Study the CESAR Copper-Silver Project in NE Colombia
Vancouver, British Columbia--(Newsfile Corp. - May 13, 2020) - MAX RESOURCE CORP.  (TSX...
About this update from Max Resource Corp
[{"type":"text","content":"Max Resource and a Major Copper Mining Company Contracts Fathom Geophysics to Study the CESAR Copper-Silver Project in NE ColombiaVancouver, British Columbia--(Newsfile Corp. - May 13, 2020) - MAX RESOURCE CORP. (TSXV: MXR) (OTC PINK: MXROF) (FSE: M1D2) (\"Max\" or the \"Company\") is pleased to report it has entered a collaboration agreement with one of the world's leading copper producers (\"Major\") and has brought in Fathom Geophysics (\"Fathom\") to carry out a technical study of the Company's wholly-owned CESAR copper-silver project, located in northeast Colombia, approximately 420 km north of Bogota.The technical study is focusing on mapping stratigraphic features that may help to pinpoint stratabound copper-silver mineral horizons at CESAR. Fathom will utilize remotely-sensed data including ASTER and Sentinel-2 infrared bands for spectral correlation mapping to compare the CESAR data set against known standards to identify occurrences of target mineral species associated with stratabound copper-silver deposits. The distribution of these occurrences will be assessed so that general stratigraphic features, such as the surface-trace of various distinct rock units, can be extracted across the study area. During this mineralogical mapping stage, Fathom will be looking for any discrete, localized features and will investigate any such features as possible alteration-zones.This collaboration with both the Major, and the study being carried out by Fathom, complements a research program initiated with the University of Science and Technology (\"AGH\") of Krakow, Poland. AGH has a long history of cooperation with KGHM, the largest copper producer in Europe and the world's second largest silver producer (see news release of April 21, 2020).\"Participation of the Major in this geophysical study marks a significant milestone for our Company and provides validation of the CESAR copper-silver project. It combines the expertise of a world-leading copper miner with Fathom's expertise in characterizing copper-silver deposits and their surrounds,\" Max CEO, Brett Matich, said.\"Max's ability to attract the interest of a major mining company and Poland's University of Science and Technology reflects the technical merit of the CESAR project. The field team has now returned to the site with the objective of both expanding the f...