Tuesday, September 16, 2025

Max Resource Signs Confidentiality Agreement With Second Party For Cesar Project

It appears that the demand for copper assets is climbing. This morning, Max Resource Corp (TSXV: MXR) announced that it has entered into a non-exclusive confidentiality agreement with a “global miner” in relation to its Cesar project in Colombia.

The non-exclusive agreement, while having little details surrounding it, suggests that a second party is interested in potentially obtaining the property. The property is currently in the midst of having a technical study completed by Fathom Geophysics, which is being funded by Max as well as an undisclosed third party, whom is said to be a leading global copper producer. That study is focused on mapping stratigraphic features of the property while identifying alteration zones.

The results of that study are expected to be received soon. Meanwhile, the company has re-commenced field activities at the property, with additional assay results from the work program completed earlier this year also due to be received soon. Results from that program were delayed as a result of the ongoing pandemic.

Exploration activities on multiple fronts continue to meet with success as we move closer to demonstrating the significant potential of the CESAR project. Our exploration strategy from the outset was to attract a major partner with the financial and technical capabilities to fully explore and develop CESAR on a district scale. To have major interest at this early stage reflects the technical merit of the CESAR copper-silver project.

Brett Matich, CEO of Max Resource Corp

While awaiting results from numerous ongoing studies at the property, the company continues to build its model for the project based on Kupferschiefer, the largest copper mine in Europe and the worlds leading silver producer. A geochemical and metallurgical program is currently being conducted to leverage the University of Science and Technology in Krakow, Poland’s extensive knowledge of this global deposit to determine the comparisons to Max’s Cesar project.

Max Resource Corp last traded at $0.16 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

New Found Gold: The Strategic Maritime Resources Purchase

Amex Exploration: Revised Perron PEA Has INSANE Economics

Aris Mining: The Multi Billion Dollar Soto Norte PFS

Recommended

Northern Superior Expands Philibert With 350 Metre Step Out Testing 1.10 g/t Gold Over 25.5 Metres

Goliath Resources Hits 18.58 g/t Gold Over 5.00 Metres At Surebet

Related News

Max Resource Corp Appoints Strategic Corporate Advisor

Max Resource Corp (TSXV: MXR) has appointed a strategic advisor to its team to assist...

Monday, October 5, 2020, 07:59:02 AM

Max Resource Corp To Conduct LiDAR Survey Across URU Zone At Cesar

Exploration continues for Max Resource Corp (TSXV: MXR) at their wholly owned Cesar copper-silver project...

Thursday, December 2, 2021, 07:37:50 AM

Max Resource’s AM South Zone Assays 5.6% Copper Via Panel Sample At Cesar Project

This morning, Max Resource Corp (TSXV: MXR) announced the first set of assays from its...

Tuesday, July 14, 2020, 08:45:19 AM

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...

Tuesday, May 26, 2020, 08:33:11 AM

Max Resource Releases Further Assay Results For Cesar Copper + Silver Project

Max Resource Corp (TSXV: MXR) this morning announced assay results for its Cesar project, located...

Wednesday, March 4, 2020, 09:17:02 AM