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Max Resource Discovers Copper Mineralization Extending to 400-Metres Depth from Surface, CESAR Copper-Silver Project, NE Colombia
Vancouver, British Columbia--(Newsfile Corp. - January 12, 2021) - MAX RESOURCE CORP.  ...
About this update from Max Resource Corp
[{"type":"text","content":"Max Resource Discovers Copper Mineralization Extending to 400-Metres Depth from Surface, CESAR Copper-Silver Project, NE ColombiaVancouver, British Columbia--(Newsfile Corp. - January 12, 2021) - MAX RESOURCE CORP. (TSXV: MXR) (OTC PINK: MXROF) (FSE: M1D2) (\"Max\" or the \"Company\") is pleased to report, through XRF analysis, the discovery of copper mineralization in historic drill core from the CESAR basin structural study, North Eastern Colombia.\"The discovery strongly suggests the CESAR copper-silver mineralized horizon at surface, continues down dip in excess of many kilometres. The XRF analysis confirms the CESAR project as a regional stratabound copper-silver system, analogous to Poland's world-class Kupferschiefer deposits,\" commented Max CEO, Brett Matich. \"Over the past year, Max has demonstrated the regional scale and lateral continuity of the CESAR stratabound copper-silver mineralization, already traced for over 200-kilometres along strike and now encountered in historical drill core extending down dip to depths in excess of 400-metres,\" he continued.\"Max's copper exploration exposure strengthens as copper prices climb above US $8,100 per ton, surpassing a near 8-year high reached in December. In addition, CESAR also provides silver and we have the RT Gold project in Peru, providing significant exposure to high-demand metals,\" he concluded.As previously reported, the structural study is being conducted by Max in collaboration with the Ingeniería Geológica Universidad Nacional de Colombia (\"IGUN\"). Historic drill core containing favourable Jurassic stratigraphy, is analyzed with an XRF unit for elevated copper readings (refer to Max NR December 8, 2020).Max will continue with drill core analysis, further advancing the structural model by superimposing drill holes and identified core intervals with copper on to seismic sections and projecting the mineralized horizon to surface (refer to Figure 1). All observed data is being recorded into the Company database to construct a (3D) three-dimensional model. In addition, the structural study provides a guide for Max's land expansion strategy, and its on-going CESAR copper-silver exploration programs.Figure 1. Copper-silver stratabound horizon based on XRF readings and seismic sections projecting the mineralized horizon to surface. To v...