Max Resource Releases Initial Results From AGH Study On Cesar Project

This morning, Max Resource Corp (TSXV: MXR) reported initial results from the currently ongoing study with the University of Science and Technology (AGH) in Krakow, Poland on the Cesar Project. AGH has been conducting a study on the Cesar Project as a result of the similarities with that of the Kupferschiefer project in Eastern Europe, for which the school has spent years studying.

Initial results from petrographic analysis of two samples from AM South at the Cesar project, referred to as samples #612 and #618, have confirmed the presence of native copper, chalcolite, and malachite hosted in siltstone and sandstone. Covellite has also been detected as being present, which has not been detected previously.

The samples were collected from stratabound copper-silver horizons at Cesar, and then shipped to AGH for geochemical and mineralogical studies. The results have confirmed a previous petrographic report obtained from Vancouver Petrographics in January 2020, with the added mineral of covellite, which is a rare copper sulfide mineral.

It is currently anticipated that the near surface copper oxides will transition to richer chalcocite, which is 80% copper by weight and is a sulfide, and covellite, another copper sulfide, at depth. This is significant, as copper sulfides typically are more profitable to mine as a result of having a higher copper content overall. The copper can also be separated from other minerals much more easily than in copper oxides.

Max Resource Corp last traded at $0.085 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 Silver’s Next Move May Be Built on a Much Stronger Base | Mani Alkhafaji – First Majestic Silver

Guanajuato Silver Q1 Earnings: They Finally Post Positive Net Income

We’re in a New Era of Gold Price Discovery | Ryan King – Equinox Gold

Recommended

Silver47 Starts 10,000 Metre Campaign at Flagship Alaska Silver Project

Blue Jay Gold Launches 16,000 Metre Drill Program At Steller

Related News

He Said $300 Silver!? | Peter Krauth

Peter Kraut from Silver Stock Investor digs into what’s really driving silver’s recent surge, looking...

Tuesday, August 5, 2025, 12:53:00 PM

Gold’s Worst Losing Streak in Three Years Is a Paper Market Story, Not a Physical One

Gold has now fallen for nine consecutive sessions — its longest losing streak since 2023...

Monday, March 23, 2026, 11:20:00 AM

Nevada Copper Starts Trading On Post-Consolidation Basis

Nevada Copper Corp. (TSX: NCU) announced this morning a series of company updates including the...

Tuesday, September 21, 2021, 10:17:00 AM

Codelco Raises Loss Estimate from El Teniente Collapse, Calls It ‘New Phenomenon’

Codelco has increased its loss estimate from the deadly El Teniente mine collapse to 48,000...

Monday, October 13, 2025, 03:41:00 PM

Pegasus Resources: New Exploration Focus In B.C.

Pegasus Resources (TSXV: PEGA), formerly Pistol Bay Mining, recently made a series of interesting moves...

Saturday, January 23, 2021, 05:32:00 PM