August 9, 2022
Vancouver B.C., August 9, 2022 – MAX RESOURCE CORP. (“Max” or the “Company”) (TSX.V: MAX; OTC: MXROF; Frankfurt: M1D2) is pleased to report initial results of the high-resolution ground Induced Polarization (“IP”) survey. The IP chargeability correlates with the two URU-Central copper-silver rich discoveries and extends at least 200m below surface. The IP is to be integrated into a detailed geological and structural three-dimensional model for the upcoming drill program (refer to Figure 2 and 3D video below).
First URU-Central discovery, URU-C returned chip channel widths of 9.0m@7.0% copper + 115 g/t silver (new results) and 16.8m@8.3% copper + 146 g/t silver at the lower levels of the prospect. The upper level (+190m vertically above) is +290m along strike and returned 4.9% copper + 41 g/t silver along a 52m ridgeline, true width yet to be determined (new results).
The second discovery, URU-CE is located 750m to the east of URU-C, consisting of substantial sized outcrops with visible copper mineralization +15m wide, trending SSW for +250m of strike, open in all directions (refer to Figures 3 and 4 video).
The Company’s wholly owned URU-Central forms part of the 20-km-long URU district, located along the southern portion of the CESAR North 90-km-long copper-silver belt.