Business

Max Resource Expands Footprint with 1.4 km Stratabound Copper-Silver Horizon Discovery Open in Both Directions

Vancouver, British Columbia--(Newsfile Corp. - January 21, 2020) - MAX RESOURCE CORP. (TSXV: ...

articleMax Resource CorpJanuary 21, 20204/company/max-resource-corp/news/max-resource-expands-footprint-with-14-km-stratabound-copper-silver-horizon-discovery-open-in-both-directions
Max Resource Expands Footprint with 1.4 km Stratabound Copper-Silver Horizon Discovery Open in Both Directions

About this update from Max Resource Corp

[{"type":"text","content":"Max Resource Expands Footprint with 1.4 km Stratabound Copper-Silver Horizon Discovery Open in Both DirectionsVancouver, British Columbia--(Newsfile Corp. - January 21, 2020) - MAX RESOURCE CORP. (TSXV: MXR) (OTC Pink: MXROF) (FSE: M1D2) (\"Max\" or the \"Company\") is pleased to report an entirely new discovery, called the AM Horizon, a NE-SW stratabound copper-silver horizon in excess of 1.4 km, which appears to continue under cover in both directions. The mineralized system dips approximately 40 degrees to the NW on the Company's 100% owned Cesar copper-silver project, located 420 km north of Bogota, Colombia (Refer Figure 1-2 & Video www.maxresource.com).Highlight rock chip assay results of the AM Horizon include:2.7% copper and 17.9g/t silver over 0.5m;2.1% copper and 8.8g/t silver over 3m by 3m panel;1.6% copper and 8.2g/t silver over 3m by 3m panel;1.1% copper and 14.2g/t silver over 3m by 3m panel;1.0% copper and 8.1g/t silver over 1.2mAdditional assay results from the Cesar project area are expected shortly.The Phase II exploration program is underway consisting of follow up chip and/or channel sampling across stratigraphy and along and across strike, with the goal of both expanding the AM Horizon, and investigating additional horizons on trend and on a regional prospective.\"We are very excited with this notable discovery with highlight copper grades of 2.7%, associated silver grades to 18g/t and strike lengths in excess of 1,400 meters. There is obviously significant upside opportunity in this region,\" Max CEO, Brett Matich, stated.\"Assuming continued exploration success, Max believes it's Cesar copper-silver project would attract strategic partnerships with the view of exploiting the regional potential,\" he continued.Figure 1. Statabound copper-silver mineralization within 1.4 km long horizon. The black material on the photograph is carbon and green is copper mineralization (malachite).To view an enhanced version of Figure 1, please visit:https://orders.newsfilecorp.com/files/3834/51680_754b044b3422da78_001full.jpgFigure 2To view an enhanced version of Figure 2, please visit:https://orders.newsfilecorp.com/files/3834/51680_754b044b3422da78_002full.jpgThe rock chip samples consisted of three 3m by 3m panels with grades ranging from 1.11% to 2.11% copper; twenty-two rock chip with widths from 0.5m to 50m grades ...

More updates from Max Resource Corp