MAX Resource is pleased to announce it has filed two additional mineral license applications covering a further 3,893 hectares within the Gachala sedimentary copper basin of Eastern Colombia, approximately 60kms east of Bogata. Highlights 4-km-long cobalt anomaly on the western side of the new license applications. Applications are contiguous to historic sampling which identified a 25-km strike length of copper enrichment [...]
Max Resource is pleased to announce it has filed five initial mineral license applications covering a total area of 9,384 hectares, located within the Gachala sedimentary copper basin of Eastern Colombia, approximately 60kms east of Bogata. MXR's Gachala 100% owned license applications encompass an aggregate total of 27 line kilometres of the 250km by 120km belt of Devonian through Cretaceous age rocks in a geological [...]
Max Resource reports: On May 7, 2018, Folkston Investments Limited acquired beneficial ownership of 6,666,666 units in the capital of Max Resource. As of May 7, 2018, Folkston acquired beneficial ownership of 6,666,666 Units in the capital of Max at the closing of the private placement offering as announced by Max press release dated May 7, 2018. Each Unit consisted of one common share and one-half of one common share [...]
Max Resource the Company is pleased to announce that it has identified numerous exploration opportunities in Colombia, both in base and precious metals. The letter of intent with Copperbelt Minerals originally announced by the Company on February 26, 2018, has been terminated. The Company intends to provide a comprehensive update in the near future. About Max Resource Corp. Max Resource Corp., a Canadian-based exploration [...]
MAX RESOURCE CORP. is pleased to announce that it has closed a non-brokered private placement financing for total gross proceeds of $3,246,999.90 The Company has allotted and issued 21,646,666 units at a price of $0.15 per Unit. Each Unit is comprised of one common share and one-half of one transferable share purchase warrant, with each whole warrant entitling the holder to purchase one additional common share of the [...]
Max Resource announces that it has arranged a non-brokered private placement of up to 25,000,000 units at a price of $0.15 per Unit to raise gross proceeds of up to $3,750,000. Each Unit will consist of one common share of the Company and one-half of one transferable share purchase warrant. Each whole warrant shall be exercisable to acquire one additional common share of the Company for a period of two years at a price of [...]
Max Resource is pleased to announce the results of a second channel sample 45 meters in length at the Cerro de Cobre mineral licenses. The Company is continuing with due diligence in relation to the acquisition of Copperbelt Minerals Corp's Gachala Copper Project, 50 km east of Bogota, as detailed in the February 26, 2018 news release. Highlights include: 10 metres averaging 3.365% copper; within 30 metres averaging 2.140 [...]
Max Resource is pleased to announce that Mr. John Theobald has been appointed to the board of directors of the Company. Mr. Theobald's unique combination of capital markets and industry experience will be a great asset moving forward for the Company. Mr. Theobald has over thirty-five years in the international mining industry and has been involved with exploration, business development, operations, investments and capital [...]
Max Resource Cis pleased to announce the results of the 97 metre channel sample at Cerro de Cobre as it continues its due diligence in support of the acquisition of its Copperbelt Minerals Corp's Gachala Copper Project, 50 kilometres east of Bogota, as detailed in its February 26, 2018 news release. Highlights include: 19 metres averaging 3.21% copper; within 59 metres averaging 1.722 % copper The orientation of the [...]
Max Resource Corp. is pleased to announce the appointment of Mr. Alexander Helmel as Chief Financial Officer of the Company. Mr. Helmel has served as CFO and director of several junior mining and early stage venture companies within the Canadian capital markets including Lateral Gold Corp., Fandom Sports Media Corp., Tasca Resources Ltd., Giyani Gold Corp. and Windfire Capital Corp. Mr. Helmel focuses on corporate [...]
Max Resource is pleased to release Initial Long Wave InfraRed results, continuing the due diligence in support of its acquisition of Copperbelt Minerals Corp's Gachala Copper Project, 50 kilometres east of Bogota, as detailed in its February 26, 2018 news release. The 3,400 square kilometre LWIR survey identified 8 separate targets within the 400 square kilometre Property showing spectral best match signatures for [...]
Max Resource further to our news release dated February 26 2018, we are pleased to release preliminary copper assay results, that form part of our due diligence, related to the executed binding letter of intent to acquire 100% of the outstanding share capital of Copperbelt Minerals Corp. a private Canadian company, that currently holds the Gachala Copperbelt Project, which covers are area of approximately 400 square [...]