Max Resource Corp (TSXV: MXR) reported assay results from samples collected at its new Conejo discovery at Cesar North, which is part of its larger Cesar copper-silver property in northern Colombia. Highlight results include a sample assaying 12.5% copper and 83.5 g/t silver over 5 metres by 5 metres.
The sampling program conducted by the company was quite large in size, with over 66 rock panel samples returning values over 1% copper, while 22 samples returned grades above 5% copper. Samples collected were varying in sizes, with sizes ranging from 1 metre by 1 metre to 5 metres by 5 metres, while samples were collected from the Conejo discovery.
Conejo has currently been delinated to be 1.6 kilometres by 0.6 kilometres in size, while remaining open in all directions. Mineralization is said to be found in a stockwork that cross cuts igneous host rock, while overly or cross cutting a mineralized stratabound horizon. The company continues to map the mineralization to determine the volume and average copper-silver grades of the discovery.
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A number of assay results were highlighted by the company, all of which feature copper content above 9%, while silver content was over 50 g/t.
- 12.5% copper + 83.5 g/t silver over 5-metre by 5-metre (878335)
- 10.7% copper + 51.6 g/t silver over 1-metre by 1-metre (878389)
- 10.5% copper + 50.1 g/t silver over 3-metre by 2-metre (878603)
- 10.4% copper + 95 g/t silver over 5-metre by 5-metre (878338)
- 10.2% copper + 62 g/t silver over 5-metre by 5-metre (878334)
- 10.0% copper + 80 g/t silver over 5-metre by 5-metre (878363)
- 9.5% copper + 120 g/t silver over 1-metre by 1-metre (878390)
“CONEJO is a new high-grade copper-silver discovery, extending the CESAR North outcropping discoveries to over 35 kilometres of combined strike length. The overall scale of the zone appears to be of district proportions.”
Brett Matich, CEO of Max Resource Corp
Max Resource Corp last traded at $0.225 on the TSX Venture.
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