December 21, 2021
Vancouver B.C., December 21, 2021 – MAX RESOURCE CORP. (“Max” or the “Company”) (TSX.V: MXR; OTC: MXROF; Frankfurt: M1D2) is pleased to review the significant milestones achieved in 2021 and the exploration strategy for 2022 for its wholly-owned CESAR copper-silver project.
- 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.
- URU discovery
- 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
- CONEJO discovery
- 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
- 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 team’s hard work and targeted exploration programs throughout the previously unrecognized copper-silver belt,” commented Max CEO, Brett Matich.