Details

Redaktion

Max Resource Corp. (English)

24. Januar 2023

Zugriffe: 155

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!

Weiterlesen ...

Details

Redaktion

Max Resource Corp. (English)

17. November 2022

Zugriffe: 734

In the first drill program along the 20 kilometer Uru District at the southern end of the Cesar Copper-Silver Belt in Colombia, Max Resource Corp. (TSX.V: MAX; OTC: MXROF; FRA: M1D2) has now successfully completed the first eight drill holes totaling 1,421 meters. Laboratory analysis of the drill core is pending, but visual examination of the diamond core immediately observed visible chalcocite and malachite (see Figure 1). Drill hole lengths ranged from 53 m to 382 m.

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.

Weiterlesen ...

Details

Redaktion

Max Resource Corp. (English)

28. September 2022

Zugriffe: 424

Promising news from Max Resource (TSXV MAX / WKN A2PT41) today: the company has identified both IP (Induced Polarization) and TMI (Total Magnetic Intensity) anomalies at its Colombian copper project - and these anomalies correlate well with geochemical targets. With this, Max Resource has successfully identified new drill targets at URU Central (URU-C and URU-CE). Accordingly, mobilization of a drill rig is already well underway. The Company intends to use the rig to test areas of URU-CE, among others, where continuous trench sampling returned 19.4 meters of 1.3% copper and 2.5 g/t silver.

Weiterlesen ...