Max Resource Examines AM District with Magnetic-Radiometric Survey
Copper explorer Max Resource (TSXV MAX / WKN A2PT41) is conducting a high-resolution magnetic and radiometric survey over the entire AM District. This is the northernmost part of the Cesar copper and silver project located in Colombia, which Max controls 100%.
The 4,000-kilometer survey will collect data along flight lines spaced 125 meters apart at a nominal height of 100 meters. The flight lines are oriented east-west and cover more than 400 square kilometers of what the company considers highly prospective ground within the Cesar project.
Data Collection Aims to Lead to Drill Targets
The results of this survey should help develop and refine drill targets by mapping the lithologies and geological structures that control mineralization. So far, stratiform copper-silver mineralization in AM has been observed where geological faults intersect sedimentary units that are permeable and contain organic material.
Bruce Counts, an experienced geologist who recently joined Max, explains that this first comprehensive survey of its kind in the Cesar Basin will provide important data to further advance the Cesar project. This will enable the company to identify areas with the greatest potential for significant accumulations of copper and silver mineralization, according to Counts. The soon-to-be-collected data will be examined and initial interpretations will be conducted, the results of which will then be further pursued on the project.
The AM District
Starting in the far north of the Jurassic basin, classic stacked Rotliegend outcrops with extensive lateral continuity have been sampled over many kilometers in the AM District. Peak values of 34.4% copper and 305 g/t silver have been documented in the sedimentary red bed sequences. The company also confirmed, with two exploratory drill holes completed earlier this year, that the stratiform mineralization continues at depth. Additionally, Colombian field crews continue to discover and sample new mineralized outcrops, including the recently identified AM-7 discovery.
