Max Resource is Awarded Eleven Additional Mining Concession Contracts to Now Cover 99-km² for URU, CESAR Project in NE Colombia

June 27, 2022

Vancouver B.C., June 27, 2022 – MAX RESOURCE CORP. (“Max” or the “Company”) (TSX.V: MAX; OTC: MXROF; Frankfurt: M1D2) is pleased to report it has been awarded eleven additional Mining Concession Contracts (“Concessions”) for the 20-kilometre-long URU zone, located along the southern portion of the CESAR North 90-kilometre-long copper-silver belt, within its wholly-owned CESAR project, Northeastern Colombia. 

The Concessions at URU now cover 99-km² and Max’s CESAR project Concessions now collectively total an aggregate of over 212-km².

Each Concession has an initial term of 30-years and extension for a further 30-years for a total duration of 60-years.

“The 212-km² of Mining Concession Contracts are wholly-owned and provide secure tenure for development of Max’s CESAR project for the years ahead. This achievement will add additional targets for Max’s first drill program at URU, the most significant event in the Cesar basin 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,” commented Max CEO, Brett Matich.