Max Resource Releases Bulk Sample Assay Results For Cesar Project

Further assay results have been released this morning by that of Max Resource Corp (TSXV: MXR), as well as QEMSCAN results for the firms Cesar project in northeast Colombia.

The assay results come from two bulk samples that were extracted from AM North at the Cesar property. Referred to as #756 and #766, the samples weighed in at 46 kilogram and 39 kilograms respectively, and were taken approximately 1.8 kilometres apart along the same mineralized horizon.

The results were obtained via chemical and QEMSCAN analyses and correlate well with initial chip sampling done on site. In addition to chemical results, the firm also provided mineral composition and copper deportment data, as can be seen below.

As seen above, chemical analysis revealed 9.4% copper and 79 grams per tonne silver for bulk sample #756, whereas sample #766 had 3.5% copper and 29 grams per tonne silver. The main minerals identified consists of copper oxides and chalcolite, followed by copper bearing silicates and covellite.

In terms of bulk sampling locations, sample #756 was retrieved near where the 4 metre by 1 metre rock panel sample was taken, which assayed 24.8% copper and 230 grams per tonne silver. The second sample, #766, was taken near the initial 1 meter rock chip sample that assayed 10.4% copper and 88 grams per tonne silver over 1 metre.

"These bulk sample results from the newly discovered AM North horizon supports the Kupferschiefer model target grades of 1.6% copper + 57g/t silver. The next steps include significantly extending the CESAR 7-km accumulated horizon and expanding the footprint towards the Kupferschiefer type target. The considerable expertise of AGH, Fathom Geophysics and of one of the world’s leading copper producers will be major contributors to the continued exploration of the CESAR project for a significant stratabound Copper-Silver system." 
Brett Matich, CEO

Max Resource Corp last traded at $0.08 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.

Leave a Reply