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Max Resource Extends the URU High-Grade Discovery 750 Metres to the East
Vancouver, British Columbia--(Newsfile Corp. - June 13, 2022) - MAX RESOURCE CORP.  (TS...
About this update from Max Resource Corp
[{"type":"text","content":"Max Resource Extends the URU High-Grade Discovery 750 Metres to the EastVancouver, British Columbia--(Newsfile Corp. - June 13, 2022) - MAX RESOURCE CORP. (TSXV: MAX) (OTC Pink: MXROF) (FSE: M1D2) (\"Max\" or the \"Company\") is pleased to report a newly discovered +15m thick copper-silver outcrop, located 750m east and on trend of the URU Discovery. The URU Discovery forms part of the 20-kilometre-long URU zone, which lies along the southern portion of the Company's wholly owned Cesar copper-silver project in northeastern Colombia (refer Figure 1).The new chalcocite bearing outcrop exposure was chip channel sampled over 1.0m increments and assays are pending. Field crews are following-up along the new 750m mineralized trend. It appears, the URU discovery and the new outcrop represent the same copper-silver mineralized structure that dips to the south and extends east-west (refer to Figures 2, 3 and 4).The URU Discovery now extends NNE over 290m and 750m East, with a combined vertical elevation of 322m. At the URU Discovery, chip channel sampling returned the following assays: at the base level in the valley bottom assays returned 7.0m @ 8.5% copper + 143 g/t silver (true thickness); 6.0m higher in elevation assays returned 16.8m @ 8.3% copper + 146 g/t silver (true thickness); and 190m above the valley bottom and 290m NNE from the base level assays returned 48.0m at 5.3% copper + 44 g/t silver (along a ridge). The newly discovered mineralized outcrop located 750m east from the URU Discovery is +15m thick where assays are pending (refer to Figure 2 and Drone Video).In addition, Max has commenced a ground Induced Polarisation and magnetic survey over the URU Discovery zone. This survey will form part of drill planning and targeting of high-grade copper-silver mineralization (refer to Figure 5).\"The objective of the field work and the geophysical survey is to expand the URU Discovery footprint and prepare for drilling, which will be conducted by Kluane Drilling of Colombia, as we have now finalized the contract,\" commented Max CEO, Brett Matich.\"Max is cashed up with over $21 million in the treasury and $8 million in-the-money warrants and stock options. Ongoing regional exploration continues along the Cesar 90-kilometre copper silver belt,\" he concluded.Figure 1. CESAR 90-km copper-silver beltTo view an en...