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

SSR Mining Walks Away From a World Class Gold-Copper Project

Why More Canadians Are Starting to Think About Leaving | Jesse Day

Instead of Waiting, This Gold Developer Went Bigger | Kenneth McLeod – Sonoro Gold

Recommended

Cambria Gold Builds Out Mt. Margaret Team Ahead of Planned U.S. Spinout

Nord Drills 61,389 g/t Silver Over 0.30 Metres at Castle East

Related News

We Will See $50 Silver This Time | David Morgan

In this interview, David Morgan from The Morgan Report projects silver could reach $50 in...

Thursday, January 23, 2025, 02:52:00 PM

Max Resource: Exposure To A Developing Copper-Silver District

Max Resource’s (TSXV: MXR) wholly-owned CESAR Project is located in north east Colombia, one of...

Monday, May 25, 2020, 11:56:43 AM

Silvercorp Intersects 3,911 G/T Silver Over 2.49 Metres At TLP Mine, China

Silvercorp Metals Inc. (TSX: SVM) (NYSE: SVM) today released the results coming from the company’s...

Tuesday, June 1, 2021, 08:59:02 AM

Vizsla Reports 1,607 G/T Silver Equivalent Over 7.55 Metres In Latest Drill Results At Panuco

Vizsla Resources (TSXV: VZLA) this morning reported further drill results from its 2020 drill program...

Tuesday, January 12, 2021, 08:23:28 AM

BC Approves Copper Mountain Mine Expansion Near Princeton

The British Columbia government approved the expansion of Hudbay Minerals (TSX: HBM) Copper Mountain mine...

Tuesday, February 24, 2026, 10:10:00 AM