Max Resource Encounters 3.3% Copper, 5 g/t Silver Over 15.0 Metres In Latest Sample

Max Resource Corp (TSXV: MXR) continues to make discoveries at its Cesar property in northern Colombia. The company this morning released further assays from the ongoing exploration program at the Conejo zone, with the zone being expanded yet again from the most recent discoveries.

Specifically, the company encountered 3.3% copper and 5 g/t silver in an outcrop over 15.0 metres within a recent reconnaissance sampling program. Additional highlight assays encountered include:

  • 2.8% copper and 13 g/t silver over 20.0 metres
  • 4.4% copper and 54 g/t silver over 1.5 metres
  • 1.1% copper and 1 g/t silver over 15.0 metres

The results of these assays effectively enlarge the total footprint of the Conejo zone, pushing it to a total size of 3.2 kilometres in length and 1.9 kilometres wide, while remaining open in all directions. A total of 44 rock samples to date have returned values of over 3.0% copper, while 55 returned values over 2.0% copper.

“The CONEJO continues to develop to the point where Max is considering it as a significant stand-alone copper project. We look forward to assay results from the CONEJO high-grade zone, expected shortly. Concurrently, the Max technical team has commenced a targeted exploration program over the 48-km² URU zone,” commented CEO Brett Matich on the results.

Max Resource Corp last traded at $0.22 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

Why $50 Silver, $4000 Gold Might Be Closer Than Anyone Thinks | Bradley Langille – GoGold Resources

Why Silver’s True Price Could Be Much Higher | Joaquín Marias – Argenta Silver

Gold Enters A ‘Stronger For Longer’ Phase | Richard Young – i-80 Gold

Recommended

Emerita Resources Intersects Further Mineralization At El Cura, Expanding Deposit

ESGold Sees ANT Survey Reveal Vertically Continuous System To 1,200 Metres Depth

Related News

Max Resource Assays 16.8 Metres Of 8.3% Copper, 146 g/t Silver In Latest Channel Samples

The latest assays are in for Max Resource Corp (TSXV: MXR). The company continues to...

Wednesday, April 6, 2022, 08:16:02 AM

Copper Declines On Weak China Macro Data; Little Reason to Expect a Near-Term Rebound

Aside from NVIDIA Corporation’s (NASDAQ: NVDA) graphics processing unit (GPU) chips used for generative AI...

Saturday, May 27, 2023, 09:00:00 AM

Is the Canadian Government Blocking Zijin’s $130 Million Move on Solaris?

In a significant development for Solaris Resources Inc. (TSX: SLS), the Canadian government is reportedly...

Monday, February 5, 2024, 07:44:48 AM

Is a Third Copper-Silver District Forming in Northwestern South America?

Three small cap resource stocks show substantial promise and potential exploring in elephant country for...

Friday, June 5, 2020, 12:01:00 PM

Make Copper Great Again? Trump Admin Mulls Tariffs On Copper

The Trump administration is reportedly weighing tariffs on copper imports in a bid to reinvigorate...

Wednesday, February 26, 2025, 08:03:00 AM