• Max Resource (MAX) has provided an update on its inaugural drilling program at URU-C CESAR Project in NE Colombia
  • Eight holes from four drill pads for a total of 1,421m of drilling have been completed to date on the URU-C zone
  • The drill rig is now moving to the URU-CE zone, located 750m east of URU-C, with diamond drilling expected to continue through mid-December 2022
  • Max Resource (MAX) is a copper and precious metals exploration company focused on projects in Colombia and Peru
  • Max Resource Corp. (MAX) opened trading at C$0.305

Max Resource (MAX) has provided an update on its inaugural drilling program at URU-C CESAR Project in NE Colombia.

Eight holes from four drill pads for a total of 1,421m of drilling have been completed to date on the URU-C zone. Drill hole lengths ranged from 53m to 382m.

Max is pleased to report that visible chalcocite and malachite have been observed in the URU-C diamond core. Assays are pending and due in early December.

The drill rig is now moving to the URU-CE zone, located 750m east of URU-C, with diamond drilling expected to continue until mid-December 2022.

Max CEO, Brett Matich, commented on the drill program.

“We are pleased that the drill core has evidenced visible chalcocite and malachite mineralization, and we look forward to receiving assay results. Max’s focus for this initial drill program is to identify the URU-C and URU-CE structurally controlled copper-silver mineralization at depth. We will then follow up on multiple stratiform copper-silver targets more typically found in the Cesar basin.

Max maintains a robust treasury and plans to continue drilling through much of 2023 as the Company works toward significant copper discoveries, which are in high demand with the world’s projected copper shortfall,” he concluded.

The CESAR Copper-Silver project lies along the copper-silver-rich 200-kilometre-long Cesar Basin in Northeastern Colombia. This region provides access to major infrastructure resulting from oil & gas and mining operations, including Cerrejón, the largest coal mine in South America, held by global miner Glencore. Max’s twenty-one mining concessions collectively expanse over 188-km².

Max Resource (MAX) is a copper and precious metals exploration company focused on projects in Colombia and Peru.

Max Resource Corp. (MAX) opened trading at C$0.305.


More From The Market Online
Bulldozers building dams at a mine site.

Victoria Gold might never recover from Yukon mine disaster

Victoria Gold will likely be dealing with last month's 300-million-litre cyanide spill at its Eagle mine in the Yukon for years to come.
Hole Ranger 01, core boxes 51 & 52 showing mineralized interval 225.5 to 234.48m of granitoids crosscutting massive gabbrodiorite.

Sienna significantly increases size of Saskatchewan gold project

Sienna Resources (TSXV:SIE) significantly increases its acreage on the Stonesthrow Gold Project in Saskatchewan.
A large mining truck driving out of a tunnel.

Eric Sprott confirms conviction in Jaguar Mining with latest buy

Eric Sprott buys 750,000 Jaguar Mining (TSX:JAG) shares for C$2,625,000, signalling continued conviction in one of his largest investments.