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Max Samples 80.44 g/t Gold, 1.82% Copper and 264 ppm Cobalt over 0.3 m at North Choco
Vancouver, British Columbia--(Newsfile Corp. - June 12, 2019) - MAX RESOURCE CORP.  (...
About this update from Max Resource Corp
[{"type":"text","content":"Max Samples 80.44 g/t Gold, 1.82% Copper and 264 ppm Cobalt over 0.3 m at North ChocoVancouver, British Columbia--(Newsfile Corp. - June 12, 2019) - MAX RESOURCE CORP. (TSXV: MXR) (OTC Pink: MXROF) (FSE: M1D1) (\"Max\" or the \"Company\") is pleased to report further assay results from its exploration program at the North Choco Gold-Copper project, located 80 km SW of Medellin, Colombia. Max is acquiring North Choco, through the pending acquisition of Andagueda Mining Pty. Ltd. (see news release of May 8, 2019). Highlights include;Five of twenty-three chip samples returned grades ranging from 1.58 g/t gold to 80.44 g/t gold; The 80.44 g/t gold sample included a copper value of 1.82% and 264 ppm cobalt and, most importantly, came from an area of mineralized granodiorite;The chip samples were taken over various widths from 2 locations within a 400 metre by 700 metre exploration area centred on the historic gold mines; andAll samples lie within the 37.5 sq. km anomalous exploration area.\"We continue to report significant gold and copper grades plus notable cobalt. While some of the samples come from the known mineralization, others come from bedrock locations well removed from the known mineralization\" 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 five samples can be found in the accompanying table.SampleIDGold(gram/ton)Copper(ppm)Cobalt(ppm)LocationDescriptionWidth(metres)1900018115.753778218MorronVein zone with pyrite, chalcopyrite, galena0.4190001831.581224234MorronVein zone with pyrite, chalcopyrite, galena0.4190001845.6318350MorronVein zone with pyrite, chalcopyrite, galena0.4190001868.45586MorronVein zone with pyrite, chalcopyrite, galena1.01900019280.4418233264QMEGranodiorite with pyrite & chalcopyrite0.3 North Choco Gold-Copper and Choco Gold-PlatinumNorth Choco Gold-Copper (500 sq. km) is located 80 km SW of Medellin, is contiguous to properties held by AngloGold Ashanti (NYSE: AU) and Continental Gold (TSX: CNL) and includes rights to exploration and exploitation over a 72.5 sq. km mining area. North Choco is 47 km SW of AngloGold's 2005 Nuevo Chaquiro copper porphyry discovery, hosting an inferred resource of 604Mt at 0.65% copper and 0.32g/t gold with a contained metal content of...