Max Resource Provides 2021
Highlights and Milestones for 2022 for its CESAR Copper-Silver
Project in Colombia
Vancouver B.C., December 21, 2021 --
InvestorsHub NewsWire -- MAX RESOURCE CORP. ("Max" or the
"Company") (TSX.V: MXR; OTC: MXROF; Frankfurt: M1D2) is please
to review the significant milestones achieved in 2021 and the
exploration strategy for 2022 for its wholly-owned CESAR
copper-silver project.
2021 Highlights
-
Two major discoveries: URU and
CONEJO zones, both of significant size with high-grade
copper-silver results, expands the CESAR North belt to over
90-kilometres in length
-
Highlight assay values: 14.8% copper and 132 g/t
silver
-
Expanded to 48-km² over a major structural corridor, strike
length increased 300% from initial discovery
-
Received first mining concessions covering 70-km²
-
Engaged DigitalWorld Mapping for LiDAR survey covering
290-km²
-
Confirms major scale: identified 5 significant drilling
targets over 15-km of strike, with widths of 10 to 25-metres over
500 vertical metres
-
Highlight assay values: 12.5% copper and 84 g/t
silver
-
Extends over 3.7-km of strike with average grades of 4.9%
copper, using 2% cut off
-
Drill program being prepared for 2022
2022 Exploration
-
Exploration to focus on the URU
zone
-
Infill mapping and modelling of the LiDAR data
-
3D drill design and permitting
-
Conduct the first ever drill campaign targeting major copper
deposits in the CESAR basin
-
Continue the regional exploration
program over the Cesar basin
-
Receive additional mining
concessions to drill CONEJO
"Max commends our
in-country field team for the ground-breaking discoveries of a
series of high-grade copper-silver zones in 2021. Our success was a
direct result of the Max exploration teams hard work and targeted
exploration programs throughout the previously unrecognized
copper-silver belt," commented Max CEO, Brett
Matich.
"It's been an amazing journey in
2021, highlighted by the URU and CONEJO discoveries. URU is to be
Max's first drill program in Colombia, marking the area's first
significant drilling event since the discovery of Cerrejón, the
largest coal mine in South America and the basis for much of the
critical infrastructure in the Cesar basin," he
continued.
"In addition, with
copper prices broke multi-year highs in 2021. Max shareholders are well positioned in 2022 to
take advantage of the drilling phase, unlocking the true
district-scale potential of Max's CESAR project," he
concluded.
QUALIFIED
PERSON
The Company's disclosure of a technical or scientific nature
in this news release was reviewed and approved by Tim Henneberry, P
Geo (British Columbia), a member of the Max Resource Advisory
Board, who serves as a qualified person under the definition of
National Instrument 43:101.
ABOUT MAX
RESOURCE CORP.
Max Resource Corp. (TSXV: MXR) is a mineral exploration company advancing its
newly discovered district size CESAR copper-silver project (100%
owned) in Colombia.
In addition, the RT Gold project (100% earn-in) in Peru,
high-grade and potentially large-scale. Historic drilling program
in 2001, returned values ranging 3.1 to 118.1 g/t gold over core
lengths ranging from 2.2 to 36.0m.
Source: NI 43:101 Geological Report
Rio Tabaconas Gold Project for Golden Alliance Resources Corp. by
George Sivertz, Oct.3, 2011
For more information visit: https://www.maxresource.com/
For additional information contact:
Max Resource Corp. Hudes
Communications International
Tim McNulty Nelson
Hudes
E: info@maxresource.com
E:
nelson@hudescommunications.com
T: (604) 290-8100 Phone: (905)
660-9155
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