| Announcement Date: | 2021-12-08 |
|---|---|
| Announcement Type: | Exploration Update |
| Announcement Code: | NI43-101 |
| Company name: | MAX Resource Corp. |
| Project name: | Cesar |
| Location: | Colombia |
| Commodities: | Silver,Copper |
| Highlight: | Exploration samples include 9.6% Cu, 70g/t Ag |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | Vancouver B.C., December 8, 2021 – MAX RESOURCE CORP. (“Max” or the “Company”) (TSX.V: MXR; OTC: MXROF; Frankfurt: M1D2) is pleased to report new high-grade assay results for Drill Target 3 (DT-3) within the URU Mining Concessions, located at the wholly-owned CESAR project, Northeastern Colombia (refer to Figures 1 to 6). To date, Max’s in-country exploration team has now identified 5 Drill Target zones (DT-1 to DT-5) along 15-kilometre of strike on the URU Mining Concessions, demonstrating impressive potential for significant size copper discoveries. These new URU Zone assay results extend the DT-3 high-grade zone to over 1.5-kilometres in length with highlight values ranging from 5.9% to 14.8% copper and 19 g/t to 132 g/t silver. In addition, DT-3 now totals 2.6-kilometres in length with values ranging from 1.0% to 14.8% copper from an elevation of 420m down to 700m, and open in all directions. “The Max field teams are conducting systematic and methodical rock sampling and mapping programs to further define multiple drill targets spread along 15-kilometre of strike on the URU Mining Concessions. The goal is to maximize the success of the drill programs by pinpointing high priority targets through field exploration and the proposed LiDAR survey within each of the 5 target zones,” commented Max CEO, Brett Matich. |
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