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 the Market May Be Misreading Iran | David Woo

Why US Fertilizer Supply Could Matter a Lot More Now | Pat Varas – Sage Potash

Roscan Gold: Mali Discount Hits Kandiole PEA

Recommended

First Majestic Tracking Ahead Of Guidance Following Q1 Production Results

Canadian Gold Drills 19.5 g/t Gold Over 1.0 Metre At Lac Arsenault

Related News

GoGold Drills 33.6 Metres Of 164.4 G/T Silver Equivalent At Los Ricos North

GoGold Resources Inc. (TSX: GGD) reported this morning the latest drill results from the Casados...

Wednesday, June 16, 2021, 08:41:23 AM

Canuc Resources Doubles Land Position At San Javier Ahead Of Drilling

Canuc Resources (TSXV: CDA) has acquired new claims at its flagship San Javier project, located...

Wednesday, January 27, 2021, 09:18:01 AM

Vizsla Contracts Fifth Drill Rig For Panuco Project Under 31,300 Metre Program

Drilling is evidently going too slow for management at Vizsla Resources (TSXV: VZLA) Panuco silver-gold...

Wednesday, October 28, 2020, 09:02:46 AM

Here’s What’s Going On With Silver

After sprinting to a fresh record around $81 per ounce, the silver market is now...

Monday, December 29, 2025, 09:32:00 AM

Texas Lawmaker Files Bills for Gold, Silver-Backed Money

A Texas legislator has filed two bills to establish a state-sanctioned currency backed by precious...

Monday, November 25, 2024, 07:30:29 AM