Business
Max Resource Reports 3.0% Copper + 29 g/t Silver Over 250-metres at AM North on its CESAR Project, NE Colombia
Vancouver, British Columbia--(Newsfile Corp. - October 28, 2020) - MAX RESOURCE CORP. (TSXV...
About this update from Max Resource Corp
[{"type":"text","content":"Max Resource Reports 3.0% Copper + 29 g/t Silver Over 250-metres at AM North on its CESAR Project, NE ColombiaVancouver, British Columbia--(Newsfile Corp. - October 28, 2020) - MAX RESOURCE CORP. (TSXV: MXR) (OTC Pink: MXROF) (FSE: M1D2) (\"Max\" or the \"Company\") is pleased to report a series of 25-metre representative grab samples collected over 250-metres from the Herradura zone at AM North (refer to Figures 2 and 3) of the Company's wholly-owned CESAR project:5.8% copper + 51 g/t silver over 25-metres (#875507)5.2% copper + 58 g/t silver over 25-metres (#875503)3.3% copper + 32 g/t silver over 25-metres (#875504)2.4% copper + 23 g/t silver over 25-metres (#875508)0.9% copper + 7 g/t silver over 25-metres (#875505)0.5% copper + 5 g/t silver over 25-metres (#875506)Each sample was taken from the available outcrop over 25-metre intervals and combined into one sample. The average grade over 250-metres is 3.0% copper + 29 g/t silver. Thickness of the copper-silver horizon has yet to be determined (refer Figures 3 and 4). Max cautions investors composite representative rock grab sampling can be selective. The Company considers these results to be extremely significant as they clearly demonstrate the persistence of copper-silver mineralization over 250-metres. The angle of the slope and the dip of the copper-silver horizon appears to be closely parallel, meaning the mineralization crops out at surface. The absence of visible copper oxides (malachite or azurite) in these samples indicate the dominant copper mineral is likely chalcocite which carries a higher (80%) copper content.The CESAR AM North copper-silver mineralization is interpreted to be stratabound, hosted in fine-grained clastic sediments: sandstone and siltstone. The general strike of the AM North copper-silver mineralization is 245 degrees with a shallow dip to the NW. CESAR's AM South copper-silver zone occurs 40-km SSW of AM North along the same mineralized trend.The Company believes the stratabound copper-silver mineralization at CESAR is analogous to the European Kupferschiefer deposits, Europe's largest copper source, with production in 2018 of 3 million tons 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...