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.
Sponsored · Selkirk Copper Mines
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.
