Max Resource Corp. (TSX.V: MAX; OTC: MXROF; Frankfurt: M1D2) has achieved a good hit rate on its first drill holes at the Cesar project in northeastern Colombia. Malachite and chalcocite zones were intersected in 12 of the first 14 holes, with significant copper-silver mineralization encountered in 6 holes, including bonanza grades of 18.5% copper and 292 g/t silver over 0.8 m, and an interval 10.6 m of 3.4% copper and 48 g/t silver in hole URU-12!
Summary: Max Resource is currently the only copper junior operating in Colombia. The company has targeted a portfolio of twenty-one mining concessions along the Cesar Basin in the northeast of the country, covering a total area of 188 km². The initial drilling on the 20 km long Uru project is therefore only a very first start. The objective is to understand the structure of the high-grade copper mineralization that is outcropping at surface. Max Resource's unique position in Colombia gives it a strategic importance for the country that should not be underestimated. This is probably one of the reasons why Max Resource has been granted further licenses under the new government. Max works on the basis of the hypothesis that the copper deposits on Uru could form a geological counterpart to the rich sedimentary African copper deposits in Zambia, for example. If this hypothesis can be proven, it could not only be a Company Maker Event for Max, but even a Country Maker Event for Colombia in terms of copper. We therefore consider Max to be one of the most exciting and bold copper exploration stories currently on the market.