Max Resource Corp. is pleased to report a high-grade gold-copper discovery within its 100% owned North Choco Gold project . Continuous rock chip sample collected over 1m sample interval at the new NW Gold-Copper Discovery returned 49.8 g/t gold and 4.3 % copper, with the mineralized zone continuing under the cover in both directions. The mineralization appears to be structurally controlled within granodiorite to quartz [...]
Max Resource Corp. further to the Company's press release April 3, 2019, the Company has terminated the Definitive Asset Purchase Agreement with Noble Metals Ltd. to purchase a bundle of resource exploration assets located in the Choco department of Colombia and, further to the Company's press release dated May 8, 2019, the Company has terminated the Letter of Intent with Noble and Buena Fortuna Mining Company Pty. Ltd [...]
Max Resource Corp. is pleased to report significant copper assays of up to 4.15% and associated silver assays up to 116g/t from outcrops at the Company's Cesar Copper property, located approximately 420 km north of Bogota, within the Jurassic La Quinta Formation of north-east Colombia . Highlights from the first pass exploration field program include; A total of 12 distinct outcrops identified within an area of 9 square [...]
Max Resource Corp. is pleased to report the interpretation of the Long Wave InfraRed survey, conducted earlier this year over the area surrounding the recently announced 3 km by 1 km gold "Discovery Zone", has identified a 6 km long by 3 km wide alunite alteration anomaly at North Choco, which is located 80 km SW of Medellin, Colombia . The Alunite Anomaly is adjacent to the south of the Discovery Zone and collectively [...]
Max Resource Corp. is pleased to report stream sediment sampling at North Choco conducted in July-August has returned highlight values in excess of 800 ppb gold and has discovered a new gold exploration target covering an area of over 3 km by 1 km and open-ended. The source of gold could be indicative of the presence of potentially economic porphyry-style gold mineralization. This area of the Company's North Choco Gold [...]
Max Resource Corp. is pleased to report that the North Choco Property area has been expanded to the north by strategic staking of approximately 300 sq. km and now encompasses two historic INGEOMINAS gold anomalies. The North Choco Project is located 80 km SW of Medellin, Colombia. Max is acquiring North Choco, through the pending acquisition of Andagueda Mining Pty. Ltd. . Highlights include: The historic NW gold anomaly [...]
Max Resource Corp. is pleased to report a fully funded exploration program within its Choco Gold-Platinum project located 120km SW of Medellin, Colombia. A previous 2013 program at El Tambita by ASX listed Condoto Platinum Ltd. lead to the discovery of a 9.8m wide gold-bearing shear zone, the first documented shear-hosted bedrock gold in Choco. Highlights from historic exploration work include: El Tambita channel samples [...]
Max Resource Corp. is pleased to announce that it has closed the first tranche of a non-brokered private placement offering, as previously announced on June 17, 2019 , for total gross proceeds of $1,200,000. The Company has allotted and issued 12,000,000 units at a price of $0.10 per unit. Each unit is comprised of one common share and one-half of one transferable share purchase warrant, with each whole warrant entitling [...]
Max Resource Corp. is pleased to report that the North Choco Property area has been expanded by strategic staking to 950sq. km and now encompasses twelve historic gold mines and four gold anomalies that are collectively spread over an area of 80 sq. km. The North Choco Gold-Copper Project is located 80 km SW of Medellin, Colombia. Max is acquiring North Choco, through the pending acquisition of Andagueda Mining Pty. Ltd [...]
Max Resource Corp. announces that it has agreed to a non-brokered private placement of up to 25,000,000 units at a price of $0.10 per Unit for gross proceeds of $2,500,000. Each Unit will consist of one common share and one-half of one transferable share purchase warrant. Each whole warrant will be exercisable by the holder to acquire one additional common share of the Company for a period of two years from issuance at an [...]
Max Resource Corp. is pleased to report further assay results from its exploration program at the North Choco Gold-Copper project, located 80 km SW of Medellin, Colombia. Max is acquiring North Choco, through the pending acquisition of Andagueda Mining Pty. Ltd. . Highlights include; Five of twenty-three chip samples returned grades ranging from 1.58 g/t gold to 80.44 g/t gold; The 80.44 g/t gold sample included a copper [...]
Max Resource Corp. is pleased to report further results from its initial sampling program at North Choco Gold-Copper have identified anomalous gold and copper at surface within an area approximately 5 km by 7.5 km and open in all directions. Max is acquiring the North Choco Property, located 80 km SW of Medellin, Colombia, through the pending acquisition of Andagueda Mining Pty. Ltd. . A total of 74 rock chip samples were [...]