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Max Resource Signs Confidentiality Agreement for its CESAR Copper-Silver Project, NE Colombia
Vancouver, British Columbia--(Newsfile Corp. - July 21, 2020) -  MAX RESOURCE CORP. ...
About this update from Max Resource Corp
[{"type":"text","content":"Max Resource Signs Confidentiality Agreement for its CESAR Copper-Silver Project, NE ColombiaVancouver, British Columbia--(Newsfile Corp. - July 21, 2020) -  MAX RESOURCE CORP.  (TSXV: MXR) (OTC PINK: MXROF) (FSE: M1D2) (\"Max\" or the \"Company\") reports it has entered into a non-exclusive confidentiality agreement with a Global Miner, with respect to the Company's wholly-owned CESAR sediment-hosted copper-silver project, located 420-kilometres north of Bogota, Colombia.Max is also pleased to provide an update of its extensive CESAR exploration activity, currently operating on a number of fronts, with plans to continue throughout the year:Assay results from the March / April field program at AM North are due very soon; results were delayed at the ALS Laboratory Peru due to COVID 19; to avoid future delays sample split from the original pulp stored at ALS Medellin Colombia, was sent to ALS Vancouver for analysis;The in-country exploration team has now re-commenced field activities;The Fathom Geophysics initial results from the technical study are expected soon; the study was funded by the Company and one of the world's leading copper producers. These studies are focusing on mapping stratigraphic features and identifying distinct rock types and alteration-zones, which will assist in highlighting stratabound copper-silver mineral horizons over the CESAR 40-km long target zone (refer to Figure 1);Geochemical and metallurgical research programs initiated with the University of Science and Technology (\"AGH\") of Krakow, Poland are well underway. AGH will leverage their extensive knowledge of KGHM's world renowned Kupferschiefer sediment-hosted copper-silver deposits in Poland to the CESAR project;Ongoing structural analysis of the CESAR 40-km long target zone is being conducted by Ingeniería Geológica Universidad Nacional de Colombia (\"IGUN\") in Medellín, with the assistance of the Max field team. IGUN has recently acquired historic seismic data of the CESAR region, which will greatly assist this on-going study.The Max technical team continues to build its geological model based on KGHM's Kupferschiefer, Europe's largest copper mine, with production in 2018 of 30 million tonnes grading 1.49% copper and 48.6 g/t silver from a mineralized zone of 0.5 to 5.5-metre thickness. The Kupferschier d...