Max Resource Corp. / MAX, MXROF (TSXV, OTC)
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- Max Resource Corp.
- Katzenpirat
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Alles klar, voll OK.
Neeeee Hoeness, Das ging nicht um Dich, ignorieren,
sondern um Den WO User "IllePille".Wenn ich Den sehe kann ich mittlerweile nicht mehr Soviel essen, wie...............will.....................
All good.
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Finanz-Halbjahres- resp. Quartalsbericht und MD&A per 30. Juni 2021 (Datum 30.8.2021) sind auf SEDAR aufgeschaltet.
Es gibt absolut keine Auffälligkeiten; aber wie erwartet auch keine substanzielle Fortschritte. Max Resource ist ein Explorer im Early-Stadium. Folgende Detail-Info sind von Bedeutung:
- Cash per 30.6.2021: 2.44m CAD
- Marketing für Investor Relations stiegen für 6 Mt von 48k (2020) auf 340k (2021). Grund: The Company engaging additional consultants for communications with shareholders. Mehr Kommunikations-Berater)
- CESAR Project As at June 30, 2021, the Company holds 67 (December 31, 2020 – 52) initial mineral license applications within the northern Andean copper belt in northeastern Colombia. Im 1. Halbjahr wurden netto 15 Initial mineral license applications erworben. Es gibt keine Aussage betreffend Offizialisierung bei der Bergbaubehörde resp. Eintrag ins Minenregister. Diesen Eintrag braucht es um ein Drill Permit zu erhalten. Drills braucht es für eine Ni-konforme Resource.
Es gibt logischerweise auch keine News bzgl. einem oder mehreren interessierten Majors. Diese News kommen ganz sicher nicht, solange Max Resource versucht weiter Applications zu erwerben. Andernfalls würden die Preise dafür astronomisch steigen. Max Resource orientiert sich dabei ganz sicher nicht an den Befindlichkeiten ungeduldiger Aktionäre.- For the six months ended June 30, 2021, Management fees 208,000. Brett Mattich erhielt für 6 Monate 160k CAD. Das dürfte inkl. allfälliger Sozialversicherungsabgaben sein. Plus u.a. 74,179 CAD Management fees paid to a company controlled by the CFO (Alex Helmel). Ich sehe keine Abzockerei durch die Directors und Officers.
- 13. SUBSEQUENT EVENTS a) Subsequent to June 30, 2021, the Company issued 5,725,368 common shares for gross proceeds of $799,552 in connection with the exercise of 5,675,368 warrants with an exercise of $0.14 per common share and 50,000 warrants with an exercise price of $0.10 per common share. Die 14er Warrants per August 2021 sind daher durch. Es wurden von dien vielen Millionen Warrants 400k nicht gewandelt und verfielen daher.
Fazit:
Alle Zahlen sind in-Line und es gibt keine Anzeichen für übermässige unverantwortliche Ausgaben. Aktuell werden Steine gesammelt und ausgewertet, weitere Applications erworben und gleichzeitig dürfte die Bergbaubehörde unermüdlich, 25h pro Tag/8 Tage pro Woche daran arbeiten, die Applications für Max Resource ins Minenregister einzutragen. Auf die Dauer dieses Prozesses hat Max Resource praktisch keinen Einfluss. Für die Beantwortung meiner allgemeiner Fragen brauchte die Behörde mehrere Monate. Und da musste nichts geklärt werden bezgl. Umwelt, Rechte Indigener, Rechtlicher Hintergrund der Applications etc. etc.Wie bereits schon geschrieben: Persönlich warte ich für allfällige Zukäufe auf den Verfall der knapp 3m Warrants per 30.12.2021 zu CAD 0.10 und dem Ende der Tax-Loss-Season (29.12.2021). Falls es keine substanzielle News gibt, könnte der Kurs von Max Resource wegen des alljährlichen Steuer-Optimierungs-Prozedere von angelsächsischen Aktionären bis Ende Jahr gedrückt bleiben.
urai
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Max Resource Reports 4.8% Copper and 51 g/t Silver Over 25-Metres at the New SP Target, CESAR North, NE Colombia
Vancouver, British Columbia--(Newsfile Corp. - September 2, 2021) - MAX RESOURCE CORP. (TSXV: MXR) (OTC Pink: MXROF) (FSE: M1D2) ("Max" or the "Company") is pleased to report initial assay results for "SP", a new target located midway along the CESAR North 80-kilometre-long belt, in line with the four previous discoveries the URU, CONEJO, AMN and AMS zones, within the wholly-owned CESAR project in North Eastern Colombia (refer to Figures 1 and 2).
Table 1. Rock sample results of 1.0% copper and above.Copper Silver Width Sample # 4.8% 51 g/t 25-metre 876502 1.0% 6 g/t 25-metre 876509 6.3% 47 g/t 0.5-metre 867233 12.4% 162 g/t float 876130
Presently, the SP target spans over 1.6-kilometres and is open in all directions. The reconnaissance composite grab sampling over 25-metres averaging 4.8% copper and 51 g/t silver is considered very significant, as is indicates the presence of a higher copper and silver grades within each 25-metre interval. This first pass sampling program is to be followed up with trenching and detailed chip channel sampling.
"In 2021 alone, Max's in-country team have now identified three new copper-silver discoveries spanning along the CESAR North 80-kilometre-long belt, showing the importance of identifying the extent of the copper-silver rich mineralization," commented Max CEO, Brett Matich.
"In addition to these new results, Max looks forward to reporting continued results from the CONEJO and URU zones located along the CESAR North 80-kilometre-long copper-silver belt," he continued.
"World demand for copper continues to increase because it is the key metal for the green revolution's move to electric vehicles, solar, wind and clean power grid infrastructure. Combined with copper's declining reserve base, new discoveries of copper are essential to replace depleting reserves. The potential district-size of the CESAR discoveries positions Max to take advantage of the copper shortfalls," he concluded.
Max interprets the sediment-hosted stratabound copper-silver mineralization in the Cesar basin to be analogous to both the Central African Copper Belt (CACB) to the south and the Polish Kupferschiefer to the north. Almost 50% of the copper known to exist in sediment-hosted deposits is contained in the CACB, including Ivanhoe Mines Ltd (TSX: IVN) 95-billion-pound Kamoa-Kakula copper deposits in the Congo.
Kupferschiefer, the world's largest silver producer and Europe's largest copper source, is a mining orebody of 0.5 to 5.5-metres thick at depths of 500-metres, grading 1.49% copper and 48.6 g/t silver. The silver yield is almost twice the production of the world's second largest silver mine.
Source: Central African Belt Descriptive models, grade-tonnage relations, and databases for the assessment of sediment-hosted copper deposits with emphasis on deposits in the Central Africa Copperbelt, Democratic Republic of the Congo and Zambia by USGS 2010. Kamoa-Kakula by OreWin March 2020. World Silver Survey 2020 and Kupferschiefer Deposits & Prospects in SW Poland, September 27, 2019. Max cautions investors that the presence of copper mineralization of the Central African Copper Belt and the Polish Kupferschiefer are not necessarily indicative of similar mineralization at CESAR.
[Blockierte Grafik: https://orders.newsfilecorp.com/files/3834/95288_107b175504810918_002.jpg]
Figure 1. SP copper-silver rich mineralization (876502)To view an enhanced version of Figure 1, please visit:
https://www.maxresource.com/images/gallery/MXR_News_35.jpg
[Blockierte Grafik: https://orders.newsfilecorp.com/files/3834/95288_107b175504810918_003.jpg]
Figure 2. SP mineralized rock samples (876130 and 876233)To view an enhanced version of Figure 2, please visit:
https://www.maxresource.com/images/gallery/MXR_News_36.jpg
QUALITY ASSURANCE
All CESAR rock chip samples are shipped to ALS Lab's sample preparation facility in Medellin, Columbia. Sample pulps are then sent to Lima, Peru, for analysis. All samples are analyzed using ALS procedure ME-MS41, a four-acid digestion with inductively coupled plasma finished. Over-limit copper and silver are determined by ALS procedure OG-62, a four-acid digestion with an atomic absorption spectroscopy finish. ALS Labs is independent from Max.
Max uses standard chip and channel sampling where possible, but also relies on composite grab sampling. Max considers composite grab samples to be representative but cautions investors that individual grab samples can be selective and may not be representative of continuous mineralization at CESAR.
QUALIFIED PERSON
The Company's disclosure of a technical or scientific nature in this news release has been reviewed and approved by Tim Henneberry, P Geo (British Columbia), a member of the Max Resource Advisory Board, who serves as a qualified person under the definition of National Instrument 43:101.
CESAR COPPER-SILVER PROJECT IN COLOMBIA - OVERVIEW
CESAR lies along the copper-silver rich 200-kilometre-long Cesar Basin in northeastern Colombia. This region enjoys major infrastructure resulting from oil & gas and mining operations, including Cerrejon, the largest coal mine in Latin America, now held by global miner Glencore (refer to Figure 3).
[Blockierte Grafik: https://orders.newsfilecorp.com/files/3834/95288_107b175504810918_004.jpg]
Figure 3. CESAR Project location.To view an enhanced version of Figure 3, please visit:
https://www.maxresource.com/images/gallery/MXR_News_37.jpg
Due to the district-scale and copper-silver prospectivity of the Cesar Basin, Max has implemented a multi-faceted exploration program for 2021:
Advanced Drill Core Analysis and Modelling: ongoing interpretation of seismic sections and analysis of historical drill holes are all being integrated into our structural modelling of the Cesar Basin, in collaboration with Ingeniería Geológica Universidad Nacional de Colombia ("IGUN") in Medellín (January 7, 2021 NR).
Geochemical and Mineralogical: research programs by the University of Science and Technology ("AGH") of Krakow, Poland. AGH bring their extensive knowledge of KGHM's world renowned Kupferschiefer sediment-hosted copper-silver deposits in Poland to the CESAR project.
Geophysical: Fathom Geophysics is interpreting seismic data, funded by the Company in collaboration with one of the world's leading copper producers.
Proprietary Field Exploration & Techniques: Max's in-country exploration teams continue to target new copper-silver stratabound mineralized zones.- CESAR North 80-kilomtre-long-copper-silver zone:
- In 2020, Max discovered both the copper-silver rich AMS (previously named AM South) zone and the AMN (previously named AM North) zone 40-km north, collectively spanning over 45-km², highlight values of 0.1 to 34.4% copper and 5 to 305 g/t silver over intervals ranging 0.1 to 25.0-metres;
- In March 2021, Max's announced the CONEJO discovery, now spanning 3.2-km by 1.6-km and open in all directions. CONEJO returned values greater than 5.0% copper from 23 rock panels varying from 5.0m by 5.0m to 1.0m by 1.0m, 66 rock panel samples returned values over 1.0% copper (March 24, 2021 NR):
- 12.5% copper + 84 g/t silver over 5.0-metre by 5.0-metre
- 10.5% copper + 50 g/t silver over 3.0-metre by 2.0-metre
- 10.4% copper + 95 g/t silver over 5.0-metre by 5.0-metre
- 10.2% copper + 62 g/t silver over 5.0-metre by 5.0-metre
- 10.0% copper + 80 g/t silver over 5.0-metre by 5.0-metre
- 8.7% copper + 89 g/t silver over 5.0-metre by 5.0-metre
- 8.4% copper + 60 g/t silver over 5.0-metre by 5.0-metre
- 7.9% copper + 21 g/t silver over 5.0-metre by 5.0-metre
- 7.7% copper + 84 g/t silver over 5.0-metre by 5.0-metre
- 7.4% copper + 47 g/t silver over 5.0-metre by 5.0-metre
- The 2021 URU discovery is located 30-km south of CONEJO, now expanded to 12-km² and open in all directions. URU appears to have major-scale potential; Thirteen rock samples over widths ranging from 10 to 25-metres returned values of 2.0% copper and above, thirty-seven returned values greater than 1.0% copper, with highlight values of 5.7 % copper and 37 g/t silver:
- 4.3% copper and 8 g/t silver over widths of 10-metres
- 3.9% copper and 7 g/t silver over widths of 10-metres
- 3.6% copper and 12 g/t silver over widths of 10-metres
- 3.0% copper and 6 g/t silver over widths of 10-metres
- 3.0% copper and 37 g/t silver over widths of 10-metres
- Late April 2021, Max identified the SP target, which lies along the mid portion of the CESAR North 80-km belt, in line with the four previous copper discoveries URU, CONEJO, AMN and AMS;
- Exploration continues on the CONEJO and URU zones;
- In addition, Max has initiated the process of mineral claim approvals and drill permitting;
- CESAR West: Max has identified copper porphyry-style mineralization along a significant target zone.
- CESAR North 80-kilomtre-long-copper-silver zone:
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Wenn ich diese Infos zur Kenntnis nehme verstehe ich den lächerlichen Unternehmenswert von gerade mal 17 Mio Can $ nicht ansatzweise
MAX sollte durch die Decke gehen und könnte sich u.U. zum Verzehnfacher eignen....
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Bei MXR hatte ich beim letzten Hypchen von Mitte Juni etwas reduziert; einen Nachkauf prüfe ich erst entweder wenn die Warrants durch sind und/oder es kursrelevante neue Informationen gibt.
Darf man fragen, warum der User, der wahrscheinlich durch seine Kommunikation mit Max IR, Piotr L. und die kolumbianische Bergbaubehörde den tiefsten Einblick in Max und dessen Umsetzbarkeit des Cesar Projektes zu haben scheint, warum dieser den erstbesten KursSpike nutzt um seine Max Anteile (teilweise) abzustoßen??
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Hallo, neu hier lesende w:o-MXR-Thread Users,
Ich habe soeben in einem Beitrag von winni2 gesehen, dass einer der w:o "perfid-hyperaktiven" MXR-Bashing-Figuren den Link zum Thread in diesem Forum bei w:o eingestellt hat.
Ja, hier schreiben @rentnerin52, weitere und ich zu Max Resource, wenn es etwas zu berichten resp. zu analyiseren gibt. Es gibt also keine w:o-interne Illuminate Gruppe, welche sich im Verborgenen zum Nachteil von MXR-Investierten aus dem w:o Forum austauschen und diese aktiv schädigen wollen.
Meine finale Haltung zum Investment ist klar: Die Kupferschiefer-Story von CESAR analog KGHM Polska ist langfristig zu attraktiv, als hier nicht dabei zu sein. Aber persönlich warte ich auf Zukäufe, bis die Tax-Loss-Season vorbei resp. am Abklingen ist und die knapp 3m Warrants zu CAD 0.10 gewandelt resp. verfallen sind. Und wenn der Kurs vorher - bspw. infolge entscheidender News steigt - auch gut, sogar sehr gut.
urai
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Max’s URU Zone comparable to Central African Copper Belt-style of mineralization
2021.10.06
Beitrag stark gekürzt !
Max Resource Corp
While new copper discoveries create excitement in the industry, it is the size of a discovery that really matters and offers long-term growth potential for investors.
Such projects are extremely rare, but not impossible to unearth with the right approach.
Within an underexplored region of northeastern Colombia, Max Resource Corp. (TSXV:MXR, OTC:MXROF, Frankfurt: M1D2) has not only been finding high-grade copper zones at its flagship CESAR property, but expanding these areas, confirming the potential existence of a massive sediment-hosted system comparable to the biggest in the world.[Blockierte Grafik: https://aheadoftheherd.com/app/uploads/2021/10/image-25.png]Max’s CESAR copper-silver project[Blockierte Grafik: https://aheadoftheherd.com/app/uploads/2021/10/image-26.png]The 80-kilometer CESAR North contains six areas of interest.
URU Zone
The Vancouver-based company is currently focused on the URU Zone, the second copper discovery Max has made at CESAR North this year, and one of five discovery zones since the company took ownership of the CESAR project in late 2019.
URU lies along the southern portion of the 80-kilometer-long CESAR North copper-silver belt, appears to be continuous over the entire 12 kilometers, and remains open in all directions.
The initial URU discovery (April 8, 2021) reported 16 rock chip channel samples returning greater than 1% copper extending over a 4-kilometer-long strike, with highlights of 5.7% copper and 14 g/t silver. In July the zone was significantly expanded, with its strike length tripled from 4 to 12 kilometers.
In August Max reported some impressive assay results from surface sampling, including 3.9% copper over 10-meter widths and visible copper over the zone’s 12 square kilometers.
Twenty-one rock samples returned values greater than 1% copper, with eight samples featuring 2% copper or higher, over widths ranging from 10 to 25 meters.
Among the >2% copper rock chip channel samples, highlights included 3.9% copper and 7 g/t silver over widths of 10 meters.
Grab samples collected over 25-meter widths returned 2.7% and 2.2% copper. Max is awaiting assay results from locations along the 10 kilometers of strike, shown as white dots in Figure 2 below.[Blockierte Grafik: https://aheadoftheherd.com/app/uploads/2021/10/image-27.png]
“The widespread nature of the copper mineralization over significant widths demonstrates the major-scale potential of the URU zone, that is open in all directions. We look forward to additional URU zone copper assay results due [in October],” said Max’s CEO, Brett Matich, in the Aug. 10 news release.
[Blockierte Grafik: https://aheadoftheherd.com/app/uploads/2021/10/image-28.png]Sampling a URU Zone outcrop[Blockierte Grafik: https://aheadoftheherd.com/app/uploads/2021/10/image-29.png]
Max has interpreted the sediment-hosted stratabound copper-silver mineralization in the Cesar Basin to be analogous to both the Central African Copper Belt (CACB) and the Polish Kupferschiefer deposits. Almost half of the copper known to exist in sediment-hosted deposits is contained in the CACB, including Ivanhoe Mines’ above-mentioned 95-billion-pound Kamoa-Kakula copper deposit in the Congo.
However, while the northern part of the 80-km-long CESAR North has been characterized as “Kupferschiefer-style” mineralization, the southern part containing URU is suspected to be more “Central African” in nature.
Kupferschiefer deposits are envisioned as huge flat-lying sheets of sedimentary copper. These slabs of “copper shale” can run for several kilometers but they are relatively thin, with an average mining thickness of just 2 meters, shown below.[Blockierte Grafik: https://aheadoftheherd.com/app/uploads/2021/10/image-30.png]
By comparison, CACB-type mineralization has some thickness to it, and there may be feeder zones running into the orebody. To understand why Max thinks the URU Zone mineralization is Central African, take a look at Figure 3 below.
The image depicts a three-dimensional model of the URU Zone. The model shows the various mineralized occurrences, which range from 1,000 to 34,400 parts per million (ppm) copper and 5 to 656 ppm silver, presenting at surface within a mountainous topography. The elevation scale on the right of the model shows the rock copper and silver samples are between 600 meters and 1,800m.
As you can see the topography is obviously not flat. Some of the mineralization has to extend vertically. When I first saw this diagram of the terrain, I thought “that mineralization had to come from depth.”[Blockierte Grafik: https://aheadoftheherd.com/app/uploads/2021/10/image-31.png]
[Blockierte Grafik: https://aheadoftheherd.com/app/uploads/2021/10/image-32.png]URU discovery cross-section
The fact that the mineralization appears to run continuously for 1,200m (between 400m and 1,200m) through mountainous topography strongly suggests there is a lot of volume to it — it more or less goes from base to hill-top, which could indicate a major copper-silver system emplaced throughout. That’s an exciting prospect.
Assays from the URU Zone are due this month.
RT Gold
Meanwhile the company hasn’t taken its eye off its RT Gold project in Peru.
Optioned to Max in 2020 for US$300,000, the last exploration was conducted just over a decade ago, with the property lying dormant since.
RT Gold is a project with potential scale. It sits along the Condor mountain chain of northern Peru, within the Cajamarca Metallogenic Belt. This geological belt extends from central Peru into southern Ecuador, and hosts a number of world-class gold deposits, including Fruta Del Norte (10Moz), Minas Conga (17Moz), Yanacocha (36Moz), Lagunas (8Mozs) and Pierina (7Mozs).
Two distinct mineralized systems occur within the RT Gold property: the Cerro Zone, a bulk tonnage gold-bearing porphyry; and 3-km to the NW, the Tablon Zone, a gold-bearing massive sulfide target.
The Cerro Zone hosts four mineralized zones (Peak, West Breccia, La Catedral and Minas Sur) with highly anomalous concentrations of gold in rock and soils.
Structures assaying 0.1 to 62.9 g/t gold, hosted in mineralized wall rock, returned gold values of 0.5 to 1.0 g/t gold.
The soil geochemistry of the Cerro Zone has outlined a 2 by 1.5-km gold anomaly, open in all directions grading from 0.1 to 4.0 g/t Au. Soil geochemistry is coincident with IP chargeability.
Despite the geophysics matching the geochemical (soil and rock sampling) results on surface, Cerro has never been drill-tested.
The Tablon Zone is located 3 km NW from Cerro and hosts numerous gold-bearing massive to semi-massive sulfide bodies over a 150- by 450-meter area, within a larger 1 by 1.5 km area of anomalous gold soil and rock geochemistry.
The highlights of a 1,600-meter drill program at the Tablon Zone, completed in 2001 and summarized by former operator Golden Alliance Resources in a 2011 technical report, include 18.8 grams per tonne gold over 16 meters from 35 meters depth; 8.8 g/t Au over 25m from 13 meters; and 5.3 g/t Au over 17m from 12m.
No mineral resources or reserves estimates yet exist at Rio Tabaconas (RT Gold).
Conclusion
The URU Zone makes a very interesting addition to Max’s four other discoveries at CESAR. The potential discovery of a massive buried copper-silver porphyry with ore shoots extending to surface, and mineralization running through over a kilometer of mountainous terrain – is quite intriguing.
Max’s goal is to partner with a major to raise the funds to drill CESAR. Interest so far has been strong, with multiple non-disclosure agreements in place to advance the project, including a collaboration agreement with an industry-leading copper producer. There have been three field visits to the site (undisclosed parties), with a fourth one reportedly in the works.
While Max’s focus has been on CESAR, and right now the URU Zone in particular, there are rumblings of a field program at RT Gold, where some re-assaying has taken place.
In both countries, Max has the support of the local communities that own the land, a necessary requirement for exploration and moving mining projects forward. Community buy-in, the support of the local landowners in Colombia and Peru paves a smooth road for access and exploration activities.
Also worth noting, Max is employing in-country crews at both projects. There have been no interruptions owing to covid-19 restrictions and this is because Max does not have to fly geologists in and out of the country with all the requisite quarantines, tests and ultimately, delays. Crews are protected within their in-country covid bubble.
Max’s plan to find a partner to advance CESAR looks especially promising these days, as we see household mining names like BHP becoming more friendly to greenfield exploration. Witness BHP’s 2019 investment in SolGold and its more recent interest in Western Foreland, a large exploration project bordering Ivanhoe Mines’ huge Kamoa-Kakula copper deposit in Africa.
Major mining companies are only interested in large mineral deposits or deposits that are scalable to their needs. The way Max is going, CESAR appears to fit their criteria. The company keeps finding high-grade copper zones and expanding these areas, confirming the potential existence of a massive sediment-hosted system comparable to the biggest in the world. -
Max Resource Expands the URU Zone to 48-km2, CESAR North, NE Colombia
TSX.V: MXR
www.maxresource.com
Mr. Brett Matich reports:
Vancouver, British Columbia--(Newsfile Corp. - October 7, 2021) - MAX RESOURCE CORP. (TSXV: MXR) (OTC Pink: MXROF) (FSE: M1D2) ("Max" or the "Company") is pleased to report new assay results expanding the URU zone from 12-km² to over 48-km², located along the CESAR North 80km-long belt, within the wholly-owned CESAR project in NE Colombia (refer to Figure 3).
Highlights
- 14.8% copper and 132 g/t silver outcrop over 1.5m x 0.8m panel (876798)
- 6.5% copper and 6 g/t silver outcrop over widths of 1.0m chip channel (876931)
- 5.6% copper and 87 g/t silver outcrop over 1.0m by 1.0m panel (879972)
- 4.0% copper and 42 g/t silver outcrop over 1.0m by 1.0m panel (879975)
- 3.7% copper and 14 g/t silver outcrop over widths of 5.0m chip channel (876486)
- 2.9% copper and 7 g/t silver outcrop over widths of 10.0m representative (876460)
- 2.1% copper and 3 g/t silver outcrop over widths of 10.0m representative (876478)
- 2.0% copper and 20 g/t silver outcrop over widths of 10.0m representative (876922)- URU's continuous copper-silver mineralization now spans over 48-km², extending along strike over 12-km and down dip over 4-km from the elevation of 1200m down to 410m, and is open along strike and down dip (refer Figure 1, 2 and 4).
- Eighteen rock samples collected over widths ranging from 1.0 to 10.0m returned values in excess of 2.0% copper. Thirty-two returned values greater than 1.0% copper. Highlight values are 14.8 % copper and 132 g/t silver (refer to Table 1).
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Max Resource Assays 3.3% Copper Over 15 Metres at the CONEJO Zone, CESAR North, NE Colombia
Vancouver B.C., October 19, 2021 – MAX RESOURCE CORP. (“Max” or the “Company”) (TSX.V: MXR; OTC: MXROF; Frankfurt: M1D2) is pleased to report new assay results from a reconnaissance sampling program have further expanded the CONEJO zone, along the CESAR North 90-km-long belt, Max’s wholly-owned CESAR project in NE Colombia (refer to Figure 1).
Highlights- 3.3% copper and 5 g/t silver outcrop over 15.0m (876847)
- 2.8% copper and 13 g/t silver outcrop over 20.0m (876823)
- 1.1% copper and 1 g/t silver outcrop over 15.0m (876843)
- 4.4% copper and 54 g/t silver outcrop over 1.5m (878757)
The new results are significant as they extend the high-grade CONEJO zone further south with reconnaissance rock sample values up to 3.3% copper and 54 g/t silver. The CONEJO zone which lies along the mid portion of the 90-kilometre-long CESAR North copper-silver belt, now spans 3.2-km by 1.9-km and still remains open in all directions.
To date, 44 rock samples returned values over 3.0% copper, 55 returned over 2.0% copper, 21 returned over 30 g/t silver, with intervals ranging from 0.3 to 20.0m. Highlight rock sample values were 12.5% copper and 120 g/t silver (refer to Figure 2).
The CONEJO mineralization occurs both as a stockwork of crosscutting fractures and as disseminated mineralization hosted in igneous rock. Observed minerals include: chalcocite, native copper, cuprite and copper oxides. Epidote is commonly associated with the copper mineralization (refer to Figures 3 and 4).
“The CONEJO continues to develop to the point where Max is considering it as a significant stand-alone copper project,” commented Max CEO, Brett Matich.
"We look forward to assay results from the CONEJO high-grade zone, expected shortly. Concurrently, the Max technical team has commenced a targeted exploration program over the 48-km² URU zone, as well as prospect the favourable horizons further into the CESAR basin," he continued.
“The price of copper continues to rise, reaching an all-time high of $4.79 per pound this week, driven by the insatiable demands of the green revolution and the ever-depleting copper reserve base. Max shareholders are well positioned to take advantage, with significant potential for district scale discoveries throughout the CESAR basin,” he concluded.
[Blockierte Grafik: https://www.maxresource.com/images/news/4459f63f1f6ce54368313da476ec7a05d0f4dd0c.png]
Figure 1. CESAR North - CONEJO location
[Blockierte Grafik: https://www.maxresource.com/images/news/28936cb412ad20e863d7368c4616e2cf496e0831.png]
Figure 2. CONEJO 3.2-km by 1.9-km copper-silver zone
[Blockierte Grafik: https://www.maxresource.com/images/news/8772b9d92c49c2d7930651fbe10fcc258e66635a.png]
Figure 3. 2.8% copper and 13 g/t silver widths of 20.0m (876823)
[Blockierte Grafik: https://www.maxresource.com/images/news/d04ae4ccc63598ccf2320fa4567d3be7d1c7b276.png]
Figure 4. Sample rock mineralization (876823)
Visible mineralization reports the presence of chalcocite, native copper and copper oxides. Two types of mineral events have been observed:one type is hosted in a stockwork within igneous host rock and is associated with the presence of epidote, and the second type is sediment-hosted stratiform copper silver mineralization of Kupferschiefer. The stratiform type is cross cut by the mineralized stockwork associated with igneous rocks (refer to Figure 4).
Max interprets the sediment-hosted stratabound copper-silver mineralization in the Cesar basin to be analogous to both the Central African Copper Belt (CACB) in the south and the Polish Kupferschiefer in the north. Almost 50% of the copper known to exist in sediment-hosted deposits is contained in the CACB, including Ivanhoe Mines Ltd (TSX: IVN) 95-billion-pound Kamoa-Kakula copper deposit in the Congo.
Kupferschiefer, the world’s largest silver producer and Europe’s largest copper source, is a mining orebody ranging from 0.5 to 5.5m thick, at depths of 500m, with grades of 1.49% copper and 48.6 g/t silver. The silver yield is almost twice the production of the world’s second largest silver mine.
Source: Central African Belt Descriptive models, grade-tonnage relations, and databases for the assessment of sediment-hosted copper deposits with emphasis on deposits in the Central Africa Copperbelt, Democratic Republic of the Congo and Zambia by USGS 2010. Kamoa-Kakula by OreWin March 2020. World Silver Survey 2020 and Kupferschiefer Deposits & Prospects in SW Poland, September 27, 2019. Max cautions investors that the presence of copper mineralization of the Central African Copper Belt and the Polish Kupferschiefer are not necessarily indicative of similar mineralization at CESAR.
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CESAR COPPER-SILVER PROJECT IN COLOMBIA – OVERVIEW
CESAR lies along the copper-silver rich 200-kilometre-long Cesar Basin in northeastern Colombia. This region enjoys major infrastructure resulting from oil & gas and mining operations, including Cerrejon, the largest coal mine in Latin America, now held by global miner Glencore (refer to Figure 4).
Due to the district-scale and copper-silver prospectivity of the Cesar Basin, Max has implemented a multi-faceted exploration program for 2021:- Advanced Drill Core Analysis and Modelling: ongoing interpretation of seismic sections and analysis of historical drill holes are all being integrated into our structural modelling of the Cesar Basin, in collaboration with Ingeniería Geológica Universidad Nacional de Colombia (“IGUN”) in Medellín (January 7, 2021 NR).
- Geochemical and Mineralogical: research programs by the University of Science and Technology (“AGH”) of Krakow, Poland. AGH bring their extensive knowledge of KGHM’s world renowned Kupferschiefer sediment-hosted copper-silver deposits in Poland to the CESAR project.
- Geophysical: Fathom Geophysics is interpreting seismic data, funded by the Company in collaboration with one of the world's leading copper producers.
- Proprietary Field Exploration & Techniques: Max’s in-country exploration teams continue to target new copper-silver stratabound mineralized zones.
- CESAR North 90-kilometre-long-copper-silver zone:
- In 2020, Max discovered both the copper-silver rich AMS (previously named AM South) zone and the AMN (previously named AM North) zone 40-km north, collectively spanning over 45-km². Highlight values of 1.0 to 34.4% copper and 5 to 305 g/t silver. Intervals range 0.5 to 25.0m;
- In March 2021, Max announced the CONEJO discovery, now spanning 3.2-km by 1.9-km and open in all directions. CONEJO returned values greater than 5.0% copper from 23 rock panels varying from 5.0m by 5.0m to 1.0m by 1.0m. In addition, 66 rock panel samples returned values over 1.0% copper (March 24, 2021 NR):
- 12.5% copper + 84 g/t silver over 5.0m by 5.0m
- 10.5% copper + 50 g/t silver over 3.0m by 2.0 m
- 10.4% copper + 95 g/t silver over 5.0m by 5.0m
- 10.2% copper + 62 g/t silver over 5.0m by 5.0m
- 10.0% copper + 80 g/t silver over 5.0m by 5.0m
- 8.7% copper + 89 g/t silver over 5.0m by 5.0m
- 8.4% copper + 60 g/t silver over 5.0m by 5.0m
- 7.9% copper + 21 g/t silver over 5.0m by 5.0m
- 7.7% copper + 84 g/t silver over 5.0m by 5.0m
- 7.4% copper + 47 g/t silver over 5.0m by 5.0m
- The 2021 URU discovery, located 30-km south of CONEJO, has been expanded to 48-km² is and open in all directions. URU appears to have major-scale potential with highlight assay values of 0.5 to 14.8% copper and 5 to 132 g/t silver. Widths range 1.0 to 10.0m (June 10, and October 7, 2021 NR):
- 14.8% copper and 132 g/t silver outcrop over 1.5m x 0.8m
- 6.5% copper and 6 g/t silver outcrop over widths of 1.0m
- 5.6% copper and 87 g/t silver outcrop over 1.0m by 1.0m
- 4.3% copper and 8 g/t silver outcrop over widths of 10.0m
- 3.9% copper and 7 g/t silver outcrop over widths of 10.0m
- 3.6% copper and 12 g/t silver outcrop over widths of 10.0m
- 3.0% copper and 6 g/t silver outcrop over widths of 10.0m
- 3.0% copper and 37 g/t silver outcrop over widths of 10.0m
- By late April 2021, MAX had identified five copper discoveries at CESAR North 80-km belt: URU, CONEJO, SP, AMN and AMS;
- The new SP target reconnaissance composite grab sampling over a 25.0m outcrop averaging 4.8% copper and 51 g/t silver is considered very significant (September 7, 2021 NR);
- Exploration continues on the CONEJO and URU zones;
- Max has initiated the process of mineral claim approvals and drill permitting;
- CESAR West: Max has identified copper porphyry-style mineralization.
ABOUT MAX RESOURCE CORP.
Max Resource Corp. is a copper and precious metals exploration company, engaged in advancing both the newly discovered district-scale CESAR copper-silver project (100% owned) in Colombia and the newly acquired RT Gold project (100% earn-in) in Peru. Both projects have potential for the discovery of large-scale mineral deposits; both stratabound-type copper-silver in Colombia and high-grade gold porphyry and massive sulfide in Peru.
Max Resource was awarded a Top 10 Ranked Company in the Mining Sector on the TSX Venture 50™ for 2021, achieving a market cap increase of 1,992% and a share price increase of 282% in 2020.
For more information visit: https://www.maxresource.com/Na also jetzt geht doch was vorwärts mit MAX!
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Max Resources, Assay Results Report 3,3% Copper Over 15 Meters at the CONEJO Zone
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Ohoh...noch am 10. August hieß es noch ganz (vielsagend nichtssagend aber immerhin) am Ende der NR:
"In addition, Max has initiated the process of mineral claim approvals and drill permitting;"
( https://www.maxresource.com/?news=1532 )...bei der heutigen NR dagegen steht da nur noch abgespeckt:
" In addition, Max has initiated the process of mineral claim approval"
( https://www.maxresource.com/?news=1536 )Also nix mehr mit drilling? Warum auf einmal nicht mehr?
Nicht, dass diese beiden schwammigen Formulierungen meiner Meinung nach
irgendwelche handfesten Aussagen im August geliefert hätten, aber ich
bin ja mal sehr gespannt, was die auf dieser Seite hier entsprechenden Avatare von @winni2 und @rentnerin52
Positives zu dem Weglassen des drilling-Ausdrucks zu sagen haben (denn
bisher war ja auch quasi ausnahmslos ALLES positiv, was sie über Max
geschrieben haben)... -
Max Resource Reports 3.7-km High-Grade Copper-Silver Zone at CONEJO, Northeastern Colombia
Vancouver, British Columbia--(Newsfile Corp. - November 3, 2021) - MAX RESOURCE CORP. (TSXV: MXR) (OTC Pink: MXROF) (FSE: M1D2) ("Max" or the "Company") is pleased to report high-grade assay results at CONEJO, located along the CESAR North 90-kilometre-long copper-silver belt, within the wholly-owned CESAR project in North Eastern Colombia (refer to Figure 1).
- The CONEJO high-grade zone now extends over 3.7-km with average grade of 4.9% copper using 2% cutoff (refer to Figure 2).
- To date, 13 rock samples returned values greater than 8.0% copper; 53 returned values greater than 5.0% copper; 93 returned values of 2.0% copper and above; 36 returned values greater than 20 g/t silver over widths ranging from 0.5 to 20.0m. Highlight values of 12.5 % copper and 126 g/t silver (refer to Table 1).
- In addition, composite results include 7.5% copper and 86 g/t silver over widths of 6.0m (878814 to 878816); 5.2% copper and 46 g/t silver over widths of 10.0m (878820 to 878824) and 3.2% copper and 32 g/t silver over widths of 10.0m (878804 to 878808) (refer to Figures 2 to 8).
Highlights:
- 9.9% copper and 50 g/t silver over widths of 2.0m chip channel (878823)
- 9.3% copper and 126 g/t silver over widths of 2.0m chip channel (878814)
- 7.5% copper and 93 g/t silver over widths of 2.0m chip channel (878839)
- 7.3% copper and 100 g/t silver over widths of 2.0m chip channel (878816)
- 7.0% copper and 56 g/t silver over widths of 2.0m chip channel (878751)
Highlights 2021:
- 12.5% copper and 84 g/t silver over 5.0m by 5.0m panel (878335)
- 10.5% copper and 50 g/t silver over 3.0m by 2.0m panel (878603)
- 10.4% copper and 95 g/t silver over 5.0m by 5.0m panel (878338)
- 10.2% copper and 62 g/t silver over 5.0m by 5.0m panel (878334)
- 10.0% copper and 80 g/t silver over 5.0m by 5.0m panel (878363)
- 8.6% copper and 89 g/t silver over 5.0m by 5.0m panel (878336)
- 8.4% copper and 60 g/t silver over 5.0m by 5.0m panel (878337)
The CONEJO mineralization is hosted in a stockwork within igneous host rock and is associated with the presence of epidote. Observed minerals include: chalcocite, native copper, cuprite and copper oxides. -
Es geht vorwärts:
Max Resource erhält ersten Bergbaukonzessionsvertrag für sein CESAR-Projekt im Nordosten KolumbiensVancouver B.C., 17. November 2021 - MAX RESOURCE CORP. ("Max" oder das "Unternehmen") (TSX.V: MXR; OTC: MXROF; Frankfurt: M1D2) freut sich bekannt zu geben, dass es seinen ersten Bergbaukonzessionsvertrag für die Zone URU erhalten hat, die sich entlang des 90 Kilometer langen Kupfer-Silber-Gürtels CESAR North innerhalb des zu 100 % unternehmenseigenen Kupfer-Silber-Projekts CESAR im Nordosten Kolumbiens befindet (siehe Abbildungen 1 bis 5).
"Der Erhalt dieses ersten Bergbaukonzessionsvertrags ist ein wichtiger Schritt für den Erhalt von Bohrgenehmigungen und die Entwicklung eines Plans für das allererste Bohrprogramm in der Kupfer-Silber-Zone URU", sagte Brett Matich, CEO von Max.
"Das technische Team von Max arbeitet nun vor Ort, um Bohrziele über dem genehmigten Bergbaukonzessionsvertrag zu identifizieren und die 48 km² große Zone URU, die sich entlang des südlichen Teils des 90 Kilometer langen Kupfer-Silber-Gürtels CESAR North befindet, weiter zu erweitern", schloss er.
Das kolumbianische Verfahren für den Bergbaukonzessionsvertrag sieht unter anderem einen detaillierten Sozialmanagementplan vor, gefolgt von einer öffentlichen Anhörung der lokalen Bevölkerung. Die öffentliche Anhörung für den Bergbaukonzessionsvertrag (501537) fand am 2. September 2021 statt, woraufhin der Vertrag ausgestellt wurde. Die Bergbaukonzessionsverträge haben eine anfängliche Laufzeit von 30 Jahren und können um weitere 30 Jahre verlängert werden, so dass sich die Gesamtlaufzeit auf 60 Jahre beläuft.
Heute um 15.00 Uhr EST auf dem Colombian Gold Symposium (CGS2021) in Medellin wird der technische Berater von Max, Dr. Christian Grainger, das Kupfer-Silber-Projekt CESAR vorstellen; diese Präsentation kann per Live-Stream verfolgt werden. Die CGS2021-Konferenz ist eine führende regionale Veranstaltung, die sich auf die Gold- und Kupferexploration und -erschließung konzentriert, während die Welt auf eine saubere Elektrifizierung und Dekarbonisierung umstellt.
Für einen Live-Stream der CGS2021 besuchen Sie: https://cgs2021.substack.com/
urai
P.S. Ist natürlich immer noch möglich, dass das selbsternannte w:o- permanent-Basher Grüppchen irgend eine historische Stätte wahrhaben will, welche den kolumbianischen Behörden tatsächlich entgangen sein könnte. Muss aber nicht sein. Denn: im Verwechseln von Orte mit gleichem Namen ohne nähere Prüfung ist ja das Spezialgebiet dieser besagten w:o-User. -
Das sind sehr gute Nachrichten - neben wirklich sehr guten Bohrresultaten geht es jetzt endlich auch mit dem ersten Konzessionsvertrag weiter
Wenn ich mir die aktuelle Börsenkapitalisierung von Max anschaue verstehe ich die Welt nicht mehr.....
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Meine finale Haltung zum Investment ist klar: Die Kupferschiefer-Story von CESAR analog KGHM Polska ist langfristig zu attraktiv, als hier nicht dabei zu sein. Aber persönlich warte ich auf Zukäufe, bis die Tax-Loss-Season vorbei resp. am Abklingen ist und die knapp 3m Warrants zu CAD 0.10 gewandelt resp. verfallen sind. Und wenn der Kurs vorher - bspw. infolge entscheidender News steigt - auch gut, sogar sehr gut.
urai
Am Ende sind es ja nur knapp 3 % der ausstehenden Shares mit 50% Abschlag ... was einer dilution von knapp 1,5% entspricht ... verkraftbar ...
Ich hab heute in die News eine 1. Posi erstanden ... neben Surge mein 2. CU Explorer ...
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Nach langem langem Zögern bin auch ich nun an Bord. Es ist ja ein unglaubliches Vorkommen, eine Aktie, die neben einigen Prodzenten und Entwicklern nun als Kupferoption im Depot liegt.
Die Bewertung ist m.E. grotesk und einzig durch die Unsicherheit einer Genehmigung erklärbar.
Meine Spezi Analyse stimmt zu:
http://www.stockta.com/cgi-bin…MXR.C&cobrand=&mode=stockGrüsse
Edel -
für die aktuelle Nachricht ist die heutige Entwicklung mit +16% schwach, hätte ehrlich gesagt deutlich mehr erwartet. Das Papier bleibt weiterhin absolut kaufenswert
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Ich bin hier schon eine Weile mit einer kleinen Kernposition dabei. Für mich ist das einer der ganz wenigen potenziellen 100-Bagger. (natürlich mit sehr hohen Risiken)
Nachdem der Anstieg schon wieder weitgehend abverkauft wurde, habe ich hier auch nochmal aufgestockt.
Es würde mich nicht wundern, wenn hier die Tax-Loss-Season ausfällt.
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Max Resources Watch Dr. Chris Grainger, our Colombian Geology Expert, present at Colombia Gold Symposium
Ab 7:02 Std.
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