Max Resource Corp (TSXV: MXR) this morning released additional assay results for the AM South Zone at the firms wholly owned Cesar copper-silver project in Northern Colombia. The assays released this morning come from new rock chip samples that were taken from the AM-1 horizon.
The results further extends the AM-1 horizon to a total of 2.4 kilometers, with the horizon remaining open on strike and both up and down dip. Additional field work following the assay results is testing the continuity and lateral extent of several horizons within the zone. The AM South zone currently covers an area of 4 km by 3 km, while remaining open laterally.
Assays results for the AM South zone released today include:
- 2.1% copper + 30 g/t silver over 8-metre by 1-metre panel;
- 1.7% copper + 13 g/t silver over 8-metre by 3-metre panel;
- 1.7% copper + 26 g/t silver over 1-metre channel;
- 2.1% copper + 30 g/t over 2-metre;
- 4.7% copper + 34 g/t silver grab sample;
- 4.5% copper + 40 g/t silver grab sample.
Mineralization found at the AM South zone continues to be interpreted as being similar to Kupferschiefer, the largest copper mine in Europe and the world’s leading silver producer. The company has continued to build its geological model based on this data, while also awaiting the initial results from the study conducted with Fathom Geophysics.
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Max Resource Corp last traded at $0.13 on the TSX Venture.
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