- Max Resource Corp. (MAX) has begun its first drill program at URU-C and URU-CE within the CESAR copper-silver project in Northeastern Colombia, the first ever within the district
- The project will see at least 2,000 metres of drilling on four pads with eight drill holes testing to a maximum depth of 350 metres
- Drilling is targeting down dip continuity, identifying the broader large-scale potential of this copper-silver mineralized system
- Max Resource Corp. (MAX) is up 1.49 per cent, trading at $0.34 per share as of 2:15 pm ET
Max Resource Corp. (MAX) has begun its very first drill program at URU-C and URU-CE within the CESAR copper-silver project in Northeastern Colombia.
Lying along the 20-km-long URU District, the wholly-owned 90-km-long project will see at least 2,000 metres of drilling on four pads with eight drill holes testing to a maximum depth of 350 metres. This is also the first drilling program within the district.
A second phase is set to follow immediately through to year-end as the company prepares to continue exploration and geophysical programs into 2023.
Drilling is targeting down dip continuity, identifying the broader large-scale potential of this copper-silver mineralized system. Multiple geophysical targets within both zones will also be drill tested. The company expects to release mineralized intervals prior to assays.
Max CEO Brett Matich explained that the inaugural URU drill program will provide an early look at the geology, continuity, and broad extent of the copper-silver mineralization at depth, for both discoveries.
“Follow-up drilling will target mineralization along strike and newly defined geophysical targets.” He added that to gauge the size of the URU District, drilling is currently targeting a significant 1 km of strike of the copper-silver mineralized system.
Max Resource (MAX) is a copper, and precious metals exploration company focused on projects in Colombia and Peru.
Max Resource Corp. (MAX) is up 1.49 per cent, trading at $0.34 per share as of 2:15 pm ET.