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Max Resource is Awarded Eleven Additional Mining Concession Contracts to Now Cover 99-km(2) for URU, CESAR Project in NE Colombia
Vancouver, British Columbia--(Newsfile Corp. - June 27, 2022) - MAX RESOURCE CORP. (TSXV: M...
About this update from Max Resource Corp
[{"type":"text","content":"Max Resource is Awarded Eleven Additional Mining Concession Contracts to Now Cover 99-km(2) for URU, CESAR Project in NE ColombiaVancouver, British Columbia--(Newsfile Corp. - June 27, 2022) - MAX RESOURCE CORP. (TSXV: MAX) (OTC Pink: MXROF) (FSE: M1D2) (\"Max\" or the \"Company\") is pleased to report it has been awarded eleven additional Mining Concession Contracts (\"Concessions\") for the 20-kilometre-long URU zone, located along the southern portion of the CESAR North 90-kilometre-long copper-silver belt, within its wholly-owned CESAR project, Northeastern Colombia. The Concessions at URU now cover 99-km² and Max's CESAR project Concessions now collectively total an aggregate of over 212-km².Each Concession has an initial term of 30-years and extension for a further 30-years for a total duration of 60-years.\"The 212-km² of Mining Concession Contracts are wholly-owned and provide secure tenure for development of Max's CESAR project for the years ahead. This achievement will add additional targets for Max's first drill program at URU, the most significant event in the Cesar basin since the discovery of Cerrejón, the largest coal mine in South America and the basis for much of the critical infrastructure in the Cesar basin,\" commented Max CEO, Brett Matich.\"Max Resource's Environmental Survey has been accepted by the National Mining Agency of Colombia and approval to drill is expected in the coming weeks. Max is currently conducting field work and ground geophysical surveys to expand the URU drilling target area. Max's exploration focus aligns directly with Colombia's National Mining Agency strategy of transitioning from fossil fuels to copper exploration and future development of the Cesar basin. Furthermore, Max is fully funded with over $21 million in the treasury,\" he concluded.Figure 1. Mining Concession ContractTo view an enhanced version of Figure 1, please visit:https://orders.newsfilecorp.com/files/3834/129085_b54743ee24b3893f_002full.jpg Figure 2. Presentation to Max by the ANMTo view an enhanced version of Figure 2, please visit:https://orders.newsfilecorp.com/files/3834/129085_b54743ee24b3893f_003full.jpg   Figure 3: CESAR copper-silver projectTo view an enhanced version of Figure 3, please visit:https://orders.newsfilecorp.com/files/3834/129085_b54743ee24b3893f_004full.jpg Fi...