November 17, 2021
Vancouver B.C., November 17, 2021 – MAX RESOURCE CORP. (“Max” or the “Company”) (TSX.V: MXR; OTC: MXROF; Frankfurt: M1D2) is pleased to report that it has received its first Mining Concession Contract for the URU zone, located along the CESAR North 90-kilometre-long copper-silver belt, within the wholly-owned CESAR copper-silver project in North Eastern Colombia (refer to Figures 1 to 5).
“Receipt of this initial Mining Concession Contract is a key step in obtaining drill permits and developing a plan for the very first drilling program on the URU copper-silver zone,” commented Max CEO, Brett Matich.
“The Max technical team is now working in the field to identify drill targets over the approved Mining Concession Contract and continue to expand the 48-km² URU zone, located along the southern portion of the 90-kilometre-long CESAR North copper-silver belt,” he concluded.
The Colombian Mining Concession Contract process includes, amongst other requirements, a detailed Social Management Plan, followed by a public hearing with the local community. The public hearing for the Mining Concession Contract (501537) took place on September 2, 2021, followed by the issue of the Contract. Mining Concession Contracts have an initial term of 30-years and include an extension for a further 30-years for a total duration of 60-years.
Today at 3pm EST at the Colombian Gold Symposium (CGS2021) in Medellin, Max’s technical consultant, Dr. Christian Grainger will present the CESAR copper-silver project; this presentation can be viewed by live stream. The CGS2021 Conference is a leading, in-person regional event focused on gold and copper exploration and development, as the world transitions to clean electrification and decarbonisation.