Business
Max Resource Reports Values of 24.8% Copper + 230 g/t Silver Over 4m by 1m Interval at the CESAR Project, Colombia
Vancouver, British Columbia--(Newsfile Corp. - March 4, 2020) - MAX RESOURCE CORP. (TSXV: MXR...
About this update from Max Resource Corp
[{"type":"text","content":"Max Resource Reports Values of 24.8% Copper + 230 g/t Silver Over 4m by 1m Interval at the CESAR Project, ColombiaVancouver, British Columbia--(Newsfile Corp. - March 4, 2020) - MAX RESOURCE CORP. (TSXV: MXR) (OTC Pink: MXROF) (FSE: M1D2) (\"Max\" or the \"Company\") is pleased to report a high-grade outcrop discovery within AM North's flat-lying, stratabound copper + silver mineralized system. Assays from AMN-2 returned 24.8% copper + 230 g/t silver from a 4-metre by 1-metre rock chip panel. AMN-2 lies 1.8-km along strike from the AMN-1 discovery. The copper mineralization consisted of malachite, azurite, and chalcocite within the sandstone. Both discoveries at the CESAR copper + silver project, approximately 420-km north of Bogota, Colombia are open-ended and dip 20 degrees NW (refer to Figures 1, 2 and 3). The CESAR mineralized zones appear to resemble a large sub-horizontal sheet, with the edges partly exposed. Max is using rock chip sampling on the extensive surface exposure to identify structures, confirm strike continuity and establish thickness, prior to drilling. The Company considers rock chip panel sampling to be representative across their reported widths. CESAR consists of two distinct areas:AM North, located 40-km north of AM South, appears to share the same mineralized trend; The stratabound copper + silver mineralization at both, AM North and AM South, are hosted in a bedded sandstone-siltstone similar to Kupferschiefer in Poland. Max cautions investors the copper + silver mineralization at Kupferschiefer is not necessarily indicative of similar mineralization at Cesar.\"We were pleasantly surprised that the AM North discovery was made in just a one-day field reconnaissance. Given the early stage success at both, AM North and AM South, we are confident in further exploration successes in 2020,\" Max CEO, Brett Matich, commented. \"While the spectacular results reported today are noteworthy, we are working on the premise of an average target grade of plus 1.5% copper with associated silver. Our exploration success continues to support our belief that CESAR is a large-scale copper + silver mineralized system. Our field teams continue to expand the known mineralization,\" Mr. Matich continued. To view an enhanced version of Figure 1, please visit:https://orders.newsfilecorp.com/files/3834/53125_4d8f80e5f422e839_001f...