Max Resource Corp (TSXV: MXR) has finally received additional assays for its AM south copper-silver horizon at the Cesar project in Colombia. Along with a highlight result of 3.3% copper and 7 g/t silver over a 25.0 metre interval in a composite representative grab sample, the company announced the discovery of a new area of mineralization.
The discovery of additional mineralization on the project effectively extends the copper-silver horizon of AM South by an additional 400 metres, bringing the the zone to over 6.4 kilometres of cumulative strike. This new area reported 2.1% copper and 7 g/t silver of a 25.0 metre interval, conducted via a composite representative grab sample.
The discovery is a kilometre south of AM-3, with 7 representative composite grab samples conducted over 25 metre intervals. Results from the samples ranged in copper content from 0.3% to 2.1%, with the discovery set to be resampled via a series of continuous chip samples.
Sponsored · Nord Precious Metals
The AM-3 results, as highlight above, remains open ended with plans for further resampling also being in place. The AM-3 horizon is now said to be over 2.9 kilometres long, while open along strike and down dip.
“The on-going discoveries and ever expanding widespread +1% copper plus silver mineralization over significant widths and over many square kilometres at CESAR continues to justify the potential for the CESAR basin becoming a significant copper silver region.”
Brett Matich, CEO
Full assays released this morning can be found here.
Max Resource Corp last traded at $0.30 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.
