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New Copper-Silver zone discovered at Colombian mine

Market News, Mining
TSXV:MAX
25 May 2023 09:30 (EDT)

Source: Max Resource Corp.

Max Resource (TSXV:MAX) has discovered a significant copper-silver system at its CESAR Project in Colombia.

The system, called AM-7, is located on one of six new mining concessions and is the seventh discovery by Max in the district, encompassing five historic open cut copper workings extending over 700 metres.

To date, Max has identified 21 copper silver targets through three districts that span over 90-km of the Cesar Copper Rich Basin: AM, URU and Conejo.

The AM-7 Target represents classic stratiform copper-silver mineralization hosted in interbedded mudstone, siltstone and fine grained cross bedded red-bed sandstone of the La Quinta Formation.

Source: Max Resource Corp.

CEO of Max Resources, Brett Matich, commented that AM-7 has the potential for multiple stacked mineralized horizons across a strike length of at least 1,600 metres and is open in all directions.

“The significant AM-7 discovery underscores the potential of the Cesar Basin to host multiple depositional models as our skilled exploration team continues to make significant copper-silver discoveries.”

Max Resource Corp. is a mineral exploration company advancing the newly discovered district-scale CESAR copper-silver project, which sits along the Colombian portion of the world’s largest producing copper belt, the Andean belt.

Max Resource recently found continuous copper-silver mineralization during its initial drilling program at the CESAR Project , click here for more.

Max Resource Corp. (MAX) opened trading at $0.12 per share.

The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.

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