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.
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