Business
Max Samples 155g/t Gold over 0.4m at North Choco
Vancouver, British Columbia--(Newsfile Corp. - May 23, 2019) - MAX RESOURCE CORP. (TSXV: MXR)...
About this update from Max Resource Corp
[{"type":"text","content":"Max Samples 155g/t Gold over 0.4m at North ChocoVancouver, British Columbia--(Newsfile Corp. - May 23, 2019) - MAX RESOURCE CORP. (TSXV: MXR) (OTC Pink: MXROF) (FSE: M1D1) (\"Max\" or the \"Company\")  is pleased to report the first assays from its 10-week exploration program now underway at the North Choco copper gold project, located 80 km SW of Medellin, Colombia. Max is acquiring the North Choco Property through the planned acquisition of Andagueda Mining Pty. Ltd. (see our news release of May 8, 2019). Assay highlights include:Seven of 23 chip samples returned grades ranging from 155.27g/t gold to 2.94g/t gold;Three of the 7 samples returned values of >10,000 ppm copper, in excess of the upper detection limit, and will need to be reanalyzed to determine the final grade;The chip samples were taken over various widths from 4 locations within a 400 metre by 700 metre exploration area centred on the historic gold mines;Max is three weeks into the 10-week North Choco exploration program and further results will be released after receipt and interpretation.\"We are very pleased with this first round of assays from our intensive exploration campaign. The assay results are delivering significant grades of gold and we expect the copper re-assay results very soon,\" Max CEO, Brett Matich, stated. \"Our strategy is to expand our exploration efforts in all directions within the 500 sq. km land package,\" he continued.Details for the seven samples can be found in the accompanying table.SampleIDGold(gram/ton)Copper(ppm)Cobalt(ppm)LocationDescriptionWidth(metres)19000188155.27>10,000551MorronVein zone with pyrite, chalcopyrite, galena0.41900018927.151,369368MorronVein zone with pyrite, chalcopyrite, galena0.41900018718.23>10,000513MorronVein zone with pyrite, chalcopyrite, galena0.4190001858.52>10,000142MorronVein zone with pyrite, chalcopyrite, galena0.4190001944.526,780194QMWGranodiorite with pyrite & chalcopyrite0.25 190001973.926926BocaminaGranodiorite with pyrite & chalcopyrite0.4 190002982.9413769CaliforniaBasalt diorite, contact zone 0.3 North Choco Gold-Copper and Choco Gold-PlatinumNorth Choco Gold-Copper (500 sq. km) is located 80 km SW of Medellin and is contiguous to properties held by AngloGold Ashanti and Continental Gold and includes rights to exploration and exploitation over a 72.5 sq. km Min...