Business
Max Resource Reports 4.3% Copper and 26 g/t Silver Over 3m by 3m at Cesar Copper-Silver Project in Colombia
Vancouver, British Columbia--(Newsfile Corp. - February 4, 2020) - MAX RESOURCE CORP. ("Max"...
About this update from Max Resource Corp
[{"type":"text","content":"Max Resource Reports 4.3% Copper and 26 g/t Silver Over 3m by 3m at Cesar Copper-Silver Project in ColombiaVancouver, British Columbia--(Newsfile Corp. - February 4, 2020) - MAX RESOURCE CORP. (\"Max\" or the \"Company\") (TSXV: MXR) (OTC PINK: MXROF) (FSE: M1D2) is pleased to report 4.3% copper and 26 g/t silver over a 3m by 3m panel from Outcrop-1, located approximately 2 km south from the AM Horizon Discovery (refer to January 21, 2020 news release), within the Company's 100% owned Cesar copper-silver project, located 420 km north of Bogota, Colombia (refer to figure below).Highlight rock chip and panel values from Outcrop-1: 4.3% copper and 26 g/t silver over 3m by 3m panel;2.1% copper and 9 g/t silver over 6m;1.8% copper and 12 g/t silver over 3m by 3m panel; and1.5% copper and 9 g/t silver over 3m by 3m panel.The Company considers rock chip panel sampling to be representative across their reported widths. Additionally, assay results are pending for Outcrops-2 through to 12. Further exploration is required to see whether there is a link between the 12 outcrops and the newly-discovered AM Horizon (1.4 km long open at both ends). The Phase II program is underway with the goal of significantly expanding the exploration drilling targets (refer to figure below). \"Wide spread copper-silver mineralization discovered by Max in our Phase I exploration program indicates the regional nature of this type of mineralization that occurs in the Rancheria Basin. The visible structure and assays from Outcrop-1 reinforce our model and the regional similarities to the mineralization of Poland's vast Kupferschiefer, one of the world's largest copper and silver districts,\" Max CEO, Brett Matich, stated. Max cautions investors that mineralization at Kupferscheifer is not necessarily indicative of similar mineralization at Cesar.\"The Max field team is currently rock chip panel sampling across a newly discovered mineralized horizon located on trend 40 km north of the AM Horizon, which could be very significant from a regional prospective,\" he continued.To view an enhanced version of Figure 1, please visit:https://orders.newsfilecorp.com/files/3834/52088_1e9fa347147d59ab_001full.jpgCopper GradeSilver GradeWidthNumber4.3 %26 g/t3m by 3m panelOC-1A2.1 %9 g/t6mOC-1-B1.8 %12 g/t3m by 3m panelOC-1-C1.5 %9 g/t3m by 3m panelOC-1D1.2 %8 g/t0.5mOC-1E1.0 ...