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Max Resource Discovers Copper-Silver 200-km South in CESAR Basin with Highlight Grab Values of 11.4% Copper + 656 g/t Silver
Vancouver, British Columbia--(Newsfile Corp. - November 9, 2020) - MAX RESOURCE CORP. (TSXV: ...
About this update from Max Resource Corp
[{"type":"text","content":"Max Resource Discovers Copper-Silver 200-km South in CESAR Basin with Highlight Grab Values of 11.4% Copper + 656 g/t SilverVancouver, British Columbia--(Newsfile Corp. - November 9, 2020) - MAX RESOURCE CORP. (TSXV: MXR) (OTC Pink: MXROF) (FSE: M1D2) (\"Max\" or the \"Company\") is pleased to report the expansion of the CESAR project with the acquisition of the \"CESAR South\" copper-silver property covering an area of 340 square kilometres. CESAR South is located in the south-eastern part of the CESAR copper-silver basin, 200-km along trend from the Company's wholly-owned CESAR copper-silver project in northeastern Colombia (refer to Figure 2).Max reconnaissance grab rock sampling along 15-km of strike at CESAR South has identified multiple stratabound copper-silver occurrences very similar to the AM North and AM South zones. Copper values ranged from 0.3% to 11.4%, with a highlight value of 11.4% copper + 656 g/t (21 oz/ton) silver (refer to Figures 1 and 3). Max cautions investors that rock grab sampling can be selective and not necessarily indicative of the mineralization at CESAR South.The newly identified copper-silver mineralization at CESAR South is considered most significant because it confirms the presence of significant stratabound copper-silver mineralization at both the southern and northern margins of the sedimentary basin, a distance of over 200-km, suggesting the mineralization may be continuous through the entire basin. Follow-up field activities by the Max in-country team at CESAR South will include systematic chip channel sampling. The exploration priorities at the CESAR project are; regional surface geochemical sampling, structural mapping, seismic data interpretation, logging and XRF analysis of the historic drill core and RC chips.The Company believes that the stratabound copper-silver mineralization at CESAR is analogous to the Kupferschiefer deposits, Europe's largest copper source, with production in 2018 of 3MT grading 1.49% copper and 48.6 g/t silver from a mineralized zone of 0.5 to 5.5-metre thickness. Source: The Kupferschiefer Deposits and Prospects in SW Poland: Past, Present and Future by dmpi.com, September 27, 2019.The Kupferschiefer deposits of Poland, yielded 40Mozs of silver in 2019, almost twice the production of the world's second largest silver mine (World Silver Survey 2020). Max cauti...