November 17, 2022
Vancouver B.C., November 17, 2022 – MAX RESOURCE CORP. (“Max” or the “Company”) (TSX.V: MAX; OTC: MXROF; Frankfurt: M1D2) is pleased to provide an update on its inaugural drilling program at URU-C and URU-C located within the 20-km-long URU District (refer to Figures 2 and 3).
Eight holes from four drill pads for a total of 1,421m of drilling have been completed to date on the URU-C zone. Drill hole lengths ranged from 53m to 382m. Max is pleased to report that visible chalcocite and malachite have been observed in the URU-C diamond core. Assays are pending and due early December (refer to Figures 1 through to 6).
The drill rig is now moving to the URU-CE zone, located 750m east of URU-C, with diamond drilling expected to continue through to mid December 2022.
“We are pleased that the drill core has evidenced visible chalcocite and malachite mineralization, and we look forward to receiving assay results,” commented Max CEO, Brett Matich.
“Max’s focus for this initial drill program is to identify the URU-C and URU-CE structurally controlled copper-silver mineralization at depth. We will then follow-up on multiple stratiform copper-silver targets more typically found in the Cesar basin,” he continued.
“Max maintains a robust treasury and plans to continue drilling through much of 2023 as the Company works toward significant copper discoveries which are in high demand with the world’s projected copper shortfall,” he concluded.