Max Resource Corp CEO Brett Matich interview (MXR) (MXROF) (M1D2) 🎯 RICH TV LIVE
Channel: RICH TV LIVE
Date: 13/12/2021

Max Resource Corp CEO Brett Matich interview (MXR) (MXROF) (M1D2) 🎯 RICH TV LIVE - December 13, 2021 - MAX RESOURCE CORP. (TSXV: MXR) (OTC Pink: MXROF) (FSE: M1D2) ("Max" or the "Company") is pleased to report new high-grade assay results for Drill Target 3 (DT-3) within the URU Mining Concessions, located at the wholly-owned CESAR project, Northeastern Colombia. #copper #silver #richtvlive #maxresourcecorp #ceo #interview #business #news #finance #mining #metals #investing #richpicksdaily #win

To date, Max's in-country exploration team has now identified 5 Drill Target zones (DT-1 to DT-5) along 15-kilometre of strike on the URU Mining Concessions, demonstrating impressive potential for significant size copper discoveries.

These new URU Zone assay results extend the DT-3 high-grade zone to over 1.5-kilometres in length with highlight values ranging from 5.9% to 14.8% copper and 19 g/t to 132 g/t silver. In addition, DT-3 now totals 2.6-kilometres in length with values ranging from 1.0% to 14.8% copper from an elevation of 420m down to 700m, and open in all directions.

"The Max field teams are conducting systematic and methodical rock sampling and mapping programs to further define multiple drill targets spread along 15-kilometre of strike on the URU Mining Concessions. The goal is to maximize the success of the drill programs by pinpointing high priority targets through field exploration and the proposed LiDAR survey within each of the 5 target zones," commented Max CEO, Brett Matich.

"These programs will be key to optimizing Max's virgin drill program at URU, being the first significant exploration event since the discovery of Cerrejón, the largest coal mine in South America and the basis for much of the critical infrastructure in the Cesar basin," he concluded.

To date, extensive rock sampling programs over the last 6-months at URU has located +1.0% copper over a vertical extent of +500m along a major regional structural corridor that connects the upper sediment-dominated part of the Cesar Basin to ther lower volcano-sedimentary portions.

The structure at URU is interpreted as being a major feeder that has shown true widths of +15m and hosts significant grades of copper-silver in breccias and fault/fracture zones that have significant vertical extents as evidenced by recent field visits and sampling along 15-kilometres of strike, elevations range between 400m and +950m RL.

CESAR COPPER-SILVER PROJECT IN COLOMBIA - OVERVIEW

CESAR lies along the copper-silver rich 200-kilometre-long Cesar Basin in northeastern Colombia. This region provides access to major infrastructure (refer to Figure 6) resulting from oil & gas and mining operations, including Cerrejón, the largest coal mine in South America, now held by global miner Glencore.

Geologically, Max interprets the sediment-hosted stratiform copper-silver mineralization in the Cesar basin to be analogous to both the Central African Copper Belt (CACB) and the Kupferschiefer deposits in Poland. Almost 50% of the copper known to exist in sediment-hosted deposits is contained in the CACB, including Ivanhoe Mines Ltd (TSX: IVN) 95-billion-pound Kamoa-Kakula discovery in the Congo.

Kupferschiefer, the world's largest silver producer and Europe's largest copper source, is a mining orebody ranging from 0.5 to 5.5m thick at depths of 500m, grading 1.49% copper and 48.6 g/t silver. The silver yield is almost twice the production of the world's second largest silver mine.

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