Vancouver B.C., August 20, 2024 – MAX RESOURCE CORP. (“Max” or the “Company”) (TSX.V: MAX; OTC: MXROF; Frankfurt: M1D2) is pleased to announce assay results from 10 continuous channel samples collected at the recently discovered AM-13 target on its Sierra Azul Copper-Silver Project (formerly known at the Cesar Project) located in northeastern Colombia (refer to Figures 1 to 4 and Table 1).
AM-13 Highlights
- Results from 10 mineralized outcrops from the Cedro Valley include:
- 1.8% Copper & 7.2 g/t Silver over 48.0m (AM13_CS08, continuous saw-cut channel)
- Including 3.4% Copper & 14.0 g/t Silver over 15.0m
- and 3.5% Copper and 15.7 g/t Silver over 5.0m
- 1.0% Copper & 5.7 g/t Silver over 26.0m (AM13_CS01, continuous chip channel)
- 1.1% Copper & 4.3 g/t Silver over 9.0m (AM13_CS04, continuous chip channel)
- 1.8% Copper & 7.2 g/t Silver over 48.0m (AM13_CS08, continuous saw-cut channel)
- Classification and size potential
- In addition, Max has identified a 44.0m wide mineralized outcrop (assays are pending) in the Mapurito valley, 1.2-km northeast and along strike from the Cedro Valley discovery.
- AM-13 hosts Manto-style mineralization and alteration, similar to deposits in the Tocopilla – Taltal region of northern Chile, a mineralized corridor that extends well over 100-km and hosts several economic deposits including Mantos Blancos (500mt at 1.18% Copper and 12 g/t Silver).
- High-grade copper minerals
- Primary copper minerals observed include native copper and chalcocite (80% copper by weight) (refer to Figure 1). These minerals indicate the depositional environment was sulphur poor, thus leading to the precipitation of these high-grade copper minerals.
- AM-13 is top priority drill target, next steps:
- Establish continuity of the mineralization between the Cedro valley and Mapurito valley outcrops with detailed mapping, soil sampling and ground geophysical surveys.