Max Resource Corp Reports On Further Sample Assays From CESAR

Max Resource Corp (TSXV: MXR) this morning reported further results from its ongoing exploration of its CESAR copper-silver project in Northeastern Columbia. The latest results, which consist of assays from rock samples, come from the URU zone within the Cesar North belt.

The grab samples, many of which are said to be representative, are said to range from 10 to 25 metres in length. A total of 23 samples were reported this morning, including chip channel samples, rock panels, and grab samples, with results including:

  • 3.9% copper, 7 g/t silver over 10 metres
  • 3.0% copper, 37 g/t silver over 10 metres
  • 2.5% copper, 12 g/t silver over 10 metres

Of the samples reported, eight have copper values above 2.0%, while twenty one returned copper values beyond 1.0%. Furthermore, additional assays from samples taken along 10 kilometres of strike are currently waiting to be received by the company.

“The widespread nature of the copper mineralization over significant widths demonstrates the major-scale potential of the URU zone, that is open in all directions. We look forward to additional URU zone copper assay results due late next month. Max’s in-country team is continuing its field exploration programs through to end of year.”

Brett Matich, CEO

Max Resource Corp last traded at $0.165 on the TSX Venture.


FULL DISCLOSURE: Max Resource Corp is a client of Canacom Group, the parent company of The Deep Dive. The author has been compensated to cover Max Resource Corp on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security.

Video Articles

Court Ruling Set to Change Spain’s Mining Landscape: Aznalcóllar | David Gower – Emerita Resources

New Found Gold: The Queensway PEA

Newmont Q2 Earnings: Setting The Tone For This Earnings Cycle

Recommended

Nova Scotia Bans Forest Access to Prevent Wildfires

Cardiol Therapeutics Releases Positive Topline Results From Phase II Clinical Trial

Related News

Max Resource Reveals Results of Structural Interpretation At AM North Cesar Project

Max Resource Corp (TSXV: MXR) this morning revealed results of a structural interpretation at its...

Tuesday, June 9, 2020, 09:01:04 AM

Spruce Ridge Resources: Corporate Overview

Spruce Ridge Resources Ltd. (TSXV: SHL) is a junior copper explorer whom owns a 100%...

Sunday, January 24, 2021, 05:05:00 PM

Max Resource Corp To Conduct LiDAR Survey Across URU Zone At Cesar

Exploration continues for Max Resource Corp (TSXV: MXR) at their wholly owned Cesar copper-silver project...

Thursday, December 2, 2021, 07:37:50 AM

Sprott Energy: Emerging Copper Supercycle Fueled by Global Trends and Market Dynamics

A new supercycle is emerging in the copper market, driven by global trends towards clean...

Friday, June 14, 2024, 11:26:00 AM

Copper Breaches $5-Per-Pound Mark Amid Supply Constraints And Speculative Demand

Copper futures soared to a record high of $5.13 per pound before easing to $5.05...
Wednesday, May 15, 2024, 12:42:55 PM