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Max Resource Reports Initial Results of University of Science and Technology Petrographic Study of the CESAR Sediment Hosted Copper-Silver Project, NE Colombia
Vancouver, British Columbia--(Newsfile Corp. - May 26, 2020) - MAX RESOURCE CORP. (TSXV: MXR) ...
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[{"type":"text","content":"Max Resource Reports Initial Results of University of Science and Technology Petrographic Study of the CESAR Sediment Hosted Copper-Silver Project, NE ColombiaVancouver, British Columbia--(Newsfile Corp. - May 26, 2020) - MAX RESOURCE CORP. (TSXV: MXR) (OTC Pink: MXROF) (FSE: M1D2) (\"Max\" or the \"Company\")  is pleased to report the initial petrographic results from the on-going study conducted by the University of Science and Technology (\"AGH\"), Department of Economic Geology, Krakow, Poland on the sediment- hosted copper-silver mineralization of the CESAR project, 420-km north of Bogota, in NE Colombia (Figure 3).Petrographic analysis of two selected samples (#612 & #618) from the \"AM South Cu-Ag Stratabound Target Area\" (Figure 4) confirms the presence of native copper, chalcocite, and malachite hosted in siltstone and sandstone, and also discovered the presence of covellite, previously not known. Samples examined were rock materials collected from the CESAR stratabound copper-silver horizons and shipped to AGH for mineralogical and geochemical studies.These petrographic descriptions confirm the earlier petrographic report obtained from Vancouver Petrographics (news release of January 29, 2020), in addition to add covellite to the mineral suite. It is anticipated the near surface copper oxides will transition to the richer copper minerals chalcocite (80% copper by weight) and covellite at depth.\"The petrographic study elucidated the relationships of the various copper minerals further reinforcing the similarity to Kupferschiefer mineralogy and to the stratigraphic control on mineralization,\" Max CEO Brett Matich stated.\"The considerable expertise of AGH and of one of the world's leading copper producers will be major contributors to the continued exploration of the CESAR project for a substantial stratabound copper-silver system,\" he continued.Max cautions the investors that the presence of stratabound copper-silver mineralization at Kupferschiefer is not necessarily indicative of similar mineralization at Cesar.Figure 1. Cu-met- native copper, htm-hematite (#618)To view an enhanced version of Figure 1, please visit:https://orders.newsfilecorp.com/files/3834/56528_e508181134b669ec_001full.jpgFigure 2. cc - chalcocite, cov - covellite, htm - hematite (#612)To view an enhanced version of Figure 2, please vis...