Max Resource Corp (TSXV: MXR) has finally received additional assays for its AM south copper-silver horizon at the Cesar project in Colombia. Along with a highlight result of 3.3% copper and 7 g/t silver over a 25.0 metre interval in a composite representative grab sample, the company announced the discovery of a new area of mineralization.
The discovery of additional mineralization on the project effectively extends the copper-silver horizon of AM South by an additional 400 metres, bringing the the zone to over 6.4 kilometres of cumulative strike. This new area reported 2.1% copper and 7 g/t silver of a 25.0 metre interval, conducted via a composite representative grab sample.
The discovery is a kilometre south of AM-3, with 7 representative composite grab samples conducted over 25 metre intervals. Results from the samples ranged in copper content from 0.3% to 2.1%, with the discovery set to be resampled via a series of continuous chip samples.
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The AM-3 results, as highlight above, remains open ended with plans for further resampling also being in place. The AM-3 horizon is now said to be over 2.9 kilometres long, while open along strike and down dip.
“The on-going discoveries and ever expanding widespread +1% copper plus silver mineralization over significant widths and over many square kilometres at CESAR continues to justify the potential for the CESAR basin becoming a significant copper silver region.”
Brett Matich, CEO
Full assays released this morning can be found here.
Max Resource Corp last traded at $0.30 on the TSX Venture.
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