Beiträge von Minehunter

    Frankreichs Elite mit Atomwaffen ist wie ein Affe mit ner Kalaschnikow in der Hand.


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    [smilie_happy]

    Die Russen haben da doch was besseres...


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    Ich würde das AA12 oder besser gleich 2 davon zur Drohnenabwehr empfehlen [smilie_happy] :thumbup:

    Metallic Minerals Announces Inaugural 18 Million Silver Equivalent Ounce NI 43-101 Mineral Resource Estimate for the Keno Silver Project in Yukon, Canada


    VANCOUVER, BC / ACCESSWIRE / February 26, 2024 / Metallic Minerals Corp. (TSX.V:MMG)(OTCQB:MMNGF) ("Metallic Minerals" or the "Company") is pleased to announce the first National Instrument 43-101 ("NI-43-101") mineral resource estimate (the "2024 Resource Estimate") on the Company's Keno Silver project, adjacent to Hecla Mining's ("Hecla") high-grade operations in the iconic Keno Silver District of Canada's Yukon Territory. The combined underground and in-pit total resource estimate from four separate deposits (Formo, Fox, Caribou and Homestake) comprises an Inferred Resource of 2.5 million tonnes ("Mt") at 223 grams per tonne ("g/t") silver equivalent ("AgEq") equating to 18.16 million ounces ("Moz") of contained silver equivalent. Significant resource expansion is anticipated with further drilling as each of these deposits are contained within 250 meters depth from surface and are open along strike in all directions and at depth where grades typically trend higher.

    Subsequent campaigns, expected to commence in the 2024 field season, will focus on expansion through the drilling of extensions of current resource deposits, definition drilling of very prospective early-stage drilled targets and targeting of new discoveries at high-priority targets that have yet to be drill tested. This 2024 Resource Estimate is contained within four of 11 target areas that have returned positive results from initial drill testing to date, with 42 additional targets identified on the 171 square kilometer project since 2016 remaining, as yet, undrilled (see Figure 1).

    PDAC 2024 Core Shacks and Exhibitor Hall

    Metallic Minerals will be participating in the 2024 Prospectors and Developers Convention in Toronto. The Company invites investors to visit us in the Investors Exchange (Booth 3318) from March 3-6 as well as the Core Shack Booth 3116B March 5-6. In addition, Metallic Minerals, along with fellow Metallic Group companies, Stillwater Critical Minerals and Granite Creek Copper, and our Yukon Mining Alliance peers, will be participating in the Yukon Mining Alliance Core Shack to be held in the PDAC Investors Exchange at Booth 3310 from March 3-6.

    2023 Resource Estimate Highlights

    • Underground Inferred Mineral Resources include the Formo deposit containing 12.77 Moz AgEq (7.11 Moz of silver, 3,000 oz of gold, 36.02 Mlbs of lead, and 66.14 Mlbs of zinc) within 1.08 Mt grading 369 g/t AgEq (206 g/t silver, 0.08 g/t gold, 1.52% lead, and 2.79% zinc). The Formo deposit is directly adjacent to the Silver Trail highway (Highway 11) and power lines that feed the central Keno Hill mill which is operated by Hecla, the largest primary silver producer in Canada and the USA. The Formo deposit directly adjoins Hecla's Keno Hill property, where Hecla is actively mining the nearby Bermingham deposit.
    • In-Pit Inferred Mineral Resources include Caribou, Fox and Homestake and contain 5.40 Moz AgEq (2.70 Moz of silver, 5,500 oz of gold, 8.86 Mlbs of lead, and 32.95 Mlbs of zinc) within 1.46 Mt grading 115 g/t AgEq (58 g/t silver, 0.12 g/t gold, 0.28 % lead, and 1.02 % zinc). Bulk tonnage operations in the district include the historic open pit production from the Silver King, Hector Calumet, Onek and other deposits (currently held by Hecla) and feature significantly lower development and operating costs than more selective underground mining methods1.
    • The 2024 Resource Estimate represents the equivalent of several years of production through the Keno area mill based on production guidance provided by Hecla which is planning to mine up to 4 million ounces of silver at Keno in 20242.
    • Having identified the productive structures and defined this very significant mineral resource, the Company expects to be able to add significant ounces during subsequent drill campaigns.
    • The 2024 Resource Estimate was completed by SGS Geological Services ("SGS") based on 293 surface diamond core and reverse circulation drill holes totaling 17,654.6 meters.

    Scott Petsel, Metallic Minerals' President, states, "We are very pleased to achieve this major milestone of an inaugural resource estimate for the Keno Silver project, which we see as having clear potential for major expansion within this world-class silver district, directly adjacent to one of the world's highest grade silver mines. Since the first acquisitions of Kenoproperties in 2016, the Company has worked diligently towards this announcement through a series of systematic advancements including successfully consolidating the current 171km2 property package, district-wide data compilation, target development and drill testing. With 42 early-stage targets developed on the property, 11 targets that have been drill tested with significant results, and now four target areas that have advanced to Inferred Resources, we see this milestone as a foundation from which there are very clear opportunities to quickly and efficiently grow the 2024 Resource Estimate with additional drilling, while continuing to advance early-stage targets to new discoveries."

    "Metallic Minerals' combined Inferred mineral inventory, now including both the Keno Silver and La Plata projects, consists of 35.76 million ounces of silver and 1.2 billion pounds of copper. Further updates are expected in the coming weeks, including first drill results from the ongoing campaign at La Plata in Colorado which continue to be processed."

    The 2024 Resource Estimate will be incorporated into an NI 43-101-compliant technical report for the Keno Silver project which will be available within 45 days.
    ... link zur Meldung...

    man traut sich schon gar nix mehr zu posten... weil es dann meinst abk.... :wacko:


    Nichtsdestotrotz, bei Volcanic könnte was gehen:

     
    Volcanic Gold Mines commences drilling at the Mila Gold Discovery, Guatemala


    February 15, 2024 – TheNewswire - Vancouver, British Columbia – Volcanic Gold Mines Inc. (TSXV:VG) (“Volcanic” or the “Company”) and joint venture partner Radius Gold Inc. (TSXV: RDU) are pleased to announce that a first-pass drilling campaign has commenced on the Mila Gold Discovery located within the Motagua Norte Project.

    The Mila prospect to date is defined over a 250 m by 600 m area of quartz outcrop, subcrop and boulder float with abundant visible gold and bonanza grade assays discovered by Company geologists in Central Guatemala. A diamond core drilling rig has mobilized to commence exploration of the compelling gold targets developed at Mila. Drill holes are designed to establish the width, grade and geometry of gold mineralization. The Company anticipates drilling between 1000 and 3000 m of diamond core in the first campaign.

    The Mila discovery presents an unusual challenge for exploration but an exceptional opportunity. The abundance of gold-mineralized quartz boulders covering the surface makes it difficult to map-out, measure and model the gold mineralized structures. Of approximately 420 rock chip samples collected at surface across the area over one hundred returned assays exceeding 10 g/t gold, including twenty-one of over 100 g/t gold and a maximum of 692 g/t gold. With widely distributed gold-bearing quartz at surface it is difficult to distinguish the in situ quartz outcrop from the boulder piles that form at the base of collapsed vein outcrops and from boulder scree that has been locally transported downhill. In addition to the obvious quartz vein mineralization, gold has also been observed hosted within sericite altered and micro-veined schist with samples returning assay results of up to 94 g/t gold, indicating potential for significant wall rock mineralization.


    The north-south striking quartz ridge which returned rock chip assays of up to 116 g/t gold is being tested in the first few drill holes.


    Sericite altered schist with quartz stockwork veinlets cropping-out on the eastern wall of the north-south quartz ridge returned assay results of up to 118 g/t gold is also being targeted in the first few drill holes.


    Geological mapping of outcrops combined with interpretation of topographic features suggests that there are multiple quartz veins in at least two different orientations: north-south and northwest-southeast striking, with the best assay results concentrated in north-south trends. Continuous chip channel sampling across the best-defined north-south structure, a 250 m long ridge running through the centre of the prospect area, returned average grades of 95 g/t gold across a 10 m width of collapsed quartz vein boulders. This structure, and at least two more less well-defined parallel quartz boulder ridges are interpreted as north-south striking veins. True thickness and dip direction of these veins is not yet understood and will be tested in the initial drilling.

    Drilling will also test a 100 m-wide dense quartz boulder field on the west side of the central north-south structure continuous lines of 2 m long chip channel samples of mixed outcrop, subcrop and colluvium returned average grades of 42 g/t gold along a 34 m line, and 54 g/t gold along a 24 m long line. The surficial quartz in this area is interpreted as the expression of multiple, close-spaced quartz veins. The number of veins and their geometry are undefined.

    The initial drill programme is exploratory in nature and aims to establish the number of zones, width, grade and geometry of the gold bearing structures.

    Simon Ridgway, Volcanic Gold Mines President and CEO, commented:

    The Volcanic team's dedication has resulted in the discovery of great high-grade drill targets and secured licenses, permits and community support for the Motagua Norte project. The team is enthusiastic to commence drilling the first holes into the multiple gold targets in the Mila prospect. The results of several rock chip sampling programs conducted in recent months along the belt has revealed several new areas of interest where we are seeing similar high grades. A successful drill program at Mila will reinforce my belief that the Motagua Suture Zone has the potential to become a prolific gold camp.”


    About the Motagua Norte project

    The Motagua Norte project is a gold system hosted by schists of the Motagua suture zone, an east-west striking belt of metamorphic rocks that outcrops at the line of collision between the North American and Caribbean tectonic plates.

    Volcanic Gold Mines has an option agreement with Radius Gold Inc. to earn a 60% interest in the Cirilo I exploration licence and other licences under applications and negotiation within the Motagua Norte project, as well as the Holly Project where the joint venture has established a high grade epithermal gold resource 60km north of the Cerro Blanco Gold Deposit (see news release September 18, 2023).


    Technical Information

    Luc English PhD, who is a Chartered Geologist and Fellow of the Geological Society of London, is the Company’s Qualified Person as defined by National Instrument 43-101 - Standards of Disclosure for Mineral Projects. Dr English has reviewed and approved the technical information contained in this news release.


    About Volcanic

    Volcanic brings together an experienced and successful mining, exploration and capital markets team focused on building multi-million-ounce gold and silver resources in underexplored countries. Through the strategic acquisition of mineral properties with demonstrated potential for hosting gold and silver resources, and by undertaking effective exploration and drill programs, Volcanic intends to become a leading gold-silver company.

    For further information, visit our website at www.volgold.com.

    Volcanic Gold Mines Inc.

    Simon Ridgway, President and CEO

    Weiß nicht ob es hier schon kam...


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    NEVADA KING INTERCEPTS 19.2 G/T AU OVER 10.7M WITHIN 6.9 G/T AU OVER 68.6M & 19.3 G/T AU OVER 3.0M WITHIN 4.9 G/T OVER 77.7M AT ATLANTA, EXPANDS NEAR SURFACE HIGH-GRADE "JEWELRY BOX" ZONE


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    Der Abverkauf nach so toller Bestätigung der historischen Bohrlöcher war absolut übertrieben und wurde von vielen Investoren falsch verstanden, bzw. die Erwartungen waren im Vorfeld überzogen. Tectonic hatte einen späten Start in die Saison, weshalb sie nur etwa 5 Wochen bohren konnten und die gebohrten Meter stark begrenzt waren. Die Landebahn und alles Weitere ist nun aber für die diesjährige Bohrsaison bereit um weit mehr zu erreichen.


    Quinton Hennigh setzt Tectonics "Flat" Projekt hier sehr gut in Perspektive zu Snowlines "Valley", Barrick+Nova Gold's "Donlin Creek" und Kinross's "Fort Knox" Gold Mine die bereits seit 28 Jahren in Betrieb ist und bisher etwa 9 Millionen Unzen produziert hat.


    Flat befindet sich ca 20km nördlich von "Donlin Creek" (40MOZ refractory ore). Von der Metallurgie her ist Flat allerdings mehr mit "Fort Knox" vergleichbar da hier freies Gold (Oxid) vorherrscht das zu einem hohen Prozentsatz sehr günstig (Gravitation + Haufenlaugung) verarbeitet werden kann. Die Metallurgie ist bei Tectonics Flat Projekt diesbezüglich nachgewiesen exzellent (Gravity + Bottle-Roll-testing recovery immer über 95% Au).


    Desweiteren setzt Quinton das Gesamte Projektgebiet "Flat" in Perspektive zu anderen "Tintina-Style-IRGS-Gold-Systemen" wie Snowlines "Valley" und geht auf Tectonics Bohrkerne und deren sehr gute Kontinuität ein.


    Ganz kurze Updates von Altamira und Nevada King sind auch noch dabei.


    Empfehle jedem der sich für Tectonic Metals interessiert sich das anzuschauen.



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    Insgesamt war, bzw. ist der Abverkauf nach eigentlich großartigen News eine exzellente (Nach)Kaufchance für ein großartiges Projekt. Denke weiter runter geht es hier nicht mehr. Ich halte meine volle Position. Eventuell weitere Aufstockung bei Gelegenheit. ;)


    Viel Glück und Erfolg


    Beste Grüße

    Minehunter

    Next steps: 2024 Goal of Launching Exploration + Drill Program at Flat’s Multiple Intrusion Targets

    In 2024, Tectonic plans to continue drill testing new areas of Chicken Mountain. The original historic drilling locations were predicated on drilling underneath historic placer workings and, therefore, there is not enough concrete evidence to support that this is the best part of the Chicken Mountain gold system. In fact, there is more evidence as stated above suggesting that the “sweet spot” of the system has not fully been discovered yet. That said, the 2023 and historic drill results suggest a multi-million resource opportunity already exists at Chicken Mountain and follow-up expansion drilling is warranted.

    • Generate drill targets for all of the five other intrusion targets at Flat (see Tectonic previously announced news release here). As stated previously, each of the intrusion targets has the hallmarks of another RIRGS present at Flat.
    • Ongoing compilation, interpretation, and examination of the 2023 Chicken Mountain exploration results over the coming months
    • Complete detailed analysis and integration of the new data with existing historic exploration information, to assist in developing robust 2024 drill targeting vectors at both Chicken Mountain and at other potential intrusion targets on the Flat Project. Key components include:
      • Pathfinder element analysis of soil and drill hole data across the property to elucidate geochemical zonation patterns related to RIRGS targets;
      • Detailed structural analysis of oriented core data at Chicken Mountain and structural interpretation of high resolution 2023 LiDAR data to develop a property wide structural framework; and
      • 3D magnetic inversion to aid in identifying the presence and locations of non-exposed intrusion cupolas.
    • Core cutting and assaying of 2003 historic diamond drill core (a total 744 metres in 4 holes) from Chicken Mountain and nearby intrusion target, Golden Apex, which were only partially sampled despite some samples that returned up to 20 g/t Au.
    • Ongoing metallurgical test work, including initial small scale column heap leach tests, that will be performed to continue to de-risk and explore heap leaching as viable recovery method for gold mineralization.

    Figure 6:

    Flat drill core shown below exhibits classic Fort Knox / Reduced Intrusion Related Gold System (RIRGS) mineralization, including sheeted quartz-sulphide veinlets forming in cracks and fractures within the host rock and acting as pathways for mineralizing fluids to flow through. Pervasive sericite alteration is another common feature associated with RIRGS and observed in the Flat drill core. This type of alteration occurs when hydrothermal fluids interact with rocks, causing the replacement of minerals such as feldspar and biotite with sericite. This alteration can often be seen as a distinct white or grey color in the host rock as shown in the photos below. Understanding the processes and features associated with RIRGS is essential for successful exploration and mining of these types of deposits.

    Diamond drill core from hole CMD23-001

    (Box 97-98, From 271.41m to 276.92Diamond drill Core from CMD23-001

    (Box 99-100, From 278.92m to 282.72m)


    Table 1. Chicken Mountain - significant intercepts of the 2023 drill program.

    All widths are interval widths as insufficient data exists currently to determine true zone widths. Drill holes ending in greater than 0.10 g/t Au are noted in table below...


    link zur Meldung...


    Großartige Ergebnisse von Tectonics erstem Bohrprogramm auf Flat [smilie_blume]

    Die Meldung kam heute mit Börsenschluss und der Weg nach oben ist jetzt hoffentlich frei 8) 


    Denke wir können hier auf eine zweite "Snowline" hoffen.

    Allen die dabei sind weiterhin Viel Glück und Erfolg. :) :thumbup:


    Beste Grüße

    Minehunter

    Tectonic Metals Inauguarl 2023 Drilling Intersects Gold Mineralizaiton In Every Drill Hole Extending Mineralization 1.8 Km Along Strike And To A Vertical Depth Of 300 M At Flat Gold Project

    VANCOUVER, B.C., February 7, 2024 – Tectonic Metals Inc. (Tectonic” or the “Company) (TSXV:TECT) (OTCQB:TETOF), a mineral exploration company applying a disciplined, up-front de-risking strategy to address the economics, community benefits, and sustainability of the Company’s projects, today announced the results of the Company’s inaugural drill program conducted in 2023 at Chicken Mountain, the Flat Gold Project’s bulk-tonnage reduced intrusion target. All 19 holes drilled in 2023 intersected gold mineralization and 12 drill holes ended in mineralization.

    “Our 2023 drilling combined with the historical drilling has delineated 1.8 km of mineralized strike to a vertical depth of 300 m with mineralization remaining open in all directions and strengthening the case for a potential open-pit, multi-million ounce opportunity at Flat’s Chicken Mountain target,” stated Tony Reda, President and CEO of Tectonic Metals. “A total of 74 holes have been drilled at the Chicken Mountain intrusion target with each drill hole intersecting gold mineralization, which is remarkable and reinforces the notion that we are dealing with a very robust gold system. To further support this finding, it is important to note that Chicken Mountain has been identified as the primary bedrock source for over 1.4 million ounces of recorded placer production2 in the surrounding area. The 1.8 km of drilled strike at Chicken Mountain represents only half of the 4.0 km x ~1.0 km Chicken Mountain gold-in-soil-anomaly, only a third of the 6.0 km x 5.6 km Chicken Mountain geophysical anomaly, and only one intrusion target out of 6 distinct district-scale intrusion targets along a 20 km trend at the 99,840 acre Flat Gold Project in Alaska. Our journey has only begun and more drill testing is warranted across all intrusion targets to fully uncover the tier one potential of the Flat Gold System.”

    2023 Drill Results Webcast with 3L Capital’s Analyst Steven Therrien

    Thursday, February 8th, at 6 AM Pacific Time (9 AM Eastern Time)

    On Thursday, February 8th, please join Tony Reda, President and CEO of Tectonic Metals, and Steven Therrien, 3L Capital’s mining analyst, on a webcast to discuss the results of Tectonic Metals’ 2023 Exploration and Drilling Program. Participants of the live event will also have the opportunity to ask questions.

    The webcast will take place at 9:00 AM Eastern Time, 8:00 AM Central Time, 7:00 AM Mountain Time, and 6:00 AM Pacific Time.

    Participants are encouraged to register early for the webcast using the link below:

    Tectonic Metals 2023 Drill Results
    On Thursday, February 8th, please join Tony Reda, President and CEO of Tectonic Metals, and Steven Therrien, 3L Capital’s mining analyst, on a webcast to…
    streamyard.com

    Following the webcast a recording of the event will be available at the same link.

    Figure 1: 2023 Drill Program Plan Map Denoting Long Sections

    Figure 2: Chicken Mountain Long Section Highlighting Potential Open-Pit, Multi-Million Ounce Opportunity

    1.8 km of Mineralized Strike to a Vertical Depth of 300 m and Open (Long Section A-A” Denoted in Plan View of Figure 1)

    2023 Drill Highlights and Key Findings:

    • All drill holes intersected gold mineralization
      • 19 holes drilled across 1.6km of strike down to a maximum vertical depth of 300 m or 428.55m drill hole length, for a total of 2,633m at Chicken Mountain
      • 12 drill holes ended in mineralization
      • Mineralization remains open in all directions
      • Oxidation as deep as 350m down hole
      • Low sulphur in all drill holes
      • Drilling has identified a potentially higher-grade (>1.0 g/t Au) lode that is open for expansion and warranting drill follow up
    • Drilling strengthens the case that Chicken Mountain appears to be a Fort Knox / Reduced Intrusion Related Gold System (RIRGS) characterized by gold hosted within sheeted veining and shear zones, strong correlation of gold with bismuth and tellurium and multiple phases of intrusion, with notable structural/fault/shear zones exhibiting domains of intense hydrothermal alteration and higher-grade mineralization.
    • Diamond drilling successfully confirms continuous mineralization to 300 m vertical depth (3 times deeper than average historical drilling and still open in all directions)
      • 37.32m at 1.02 g/t Au within a broader mineralized interval of 146.90m at 0.61 g/t Au and the entire drill hole (CMD23-001) being completely mineralized, ending in mineralization, and yielding 423.15m at 0.41 g/t Au
      • 36.40m of 1.22 g/t Au within a broader mineralized interval of 170.00m at 0.53g/t Au and the entire drill hole (CMD23-002), a 450m step out from CMD23-001, being completely mineralized, ending in mineralization, and yielding 344.61m of 0.36 g/t Au
    • Reverse circulation drilling successfully confirms mineralization beyond the periphery of historical drilling
      • Sixteen drill holes testing 1000m of strike along eastern and western margins of the 4km x ~ 1km gold in soil anomaly
      • 22.86m of 1.12 g/t Au within a broader mineralized interval of 89.92 m at 0.60 g/t Au and ending in mineralization (CMR23-001) representing a 62.00m step out from the closest historical collar
      • 24.39m of 1.09 g/t Au within a broader mineralized interval of 76.20m at 0.55 g/t Au and ending in mineralization (CMR23-008) representing a 102.00m step out from the closest historical collar
      • 24.38m of 1.00 g/t Au within a broader mineralized interval of 50.29m at 0.74 g/t Au and ending in mineralization (CMR23-012) representing a 134.00m step out from the closest historical collar

    Figure 3: Long Section of 2023 and Historic Drilling at Chicken Mountain from B-B’ Referenced in Figure 1 Plan Map

    Figure 4: Long Section 2023 and Historic Drilling at Chicken Mountain from C-C’ Referenced in Figure 1 Plan Map

    Chicken Mountain – A Reduced Intrusion Related Gold System (RIRGS) akin to the mineralization observed at Kinross Gold Corporation’s Fort Knox Mine, Alaska

    The Fort Knox Mine is a large open-pit gold mine in the Fairbanks mining district of Alaska, USA, discovered in 1980 and began production in 1996. Since then, Fort Knox has become one of the largest gold-producing mines in Alaska, yielding over 200,000 ounces of gold annually and recently pouring its nine millionth ounce. Based on the Dec. 31, 2022 Annual Mineral and Resource Statement published by Kinross (click here), the average grade of their proven and probable mineral reserves is 0.30 and 0.40 g/t Au respectively.

    At Fort Knox, the grades of individual veins are 5 to 50 g/t Au, but most ore blocks have an average of 3 to 5 veins per metre within otherwise barren host rocks, thus yielding ~1 g/t ores. Gold grade is, therefore, mainly controlled by vein density. Fort Knox’s lower-grade ores are enriched by higher-grade and overprinting, later-stage quartz shear veins.1

    Fairbanks Gold, a company founded and financed by Robert Friedland, a Canadian Mining Hall of Fame Inductee, is credited with the discovery and sale of the Fort Knox Mine to Kinross. The initial drilling and gold discovery (late 1980s) at Chicken Mountain was completed by Fairbanks Gold in tandem with early drilling at Fort Knox.

    Similar to Fort Knox, Chicken Mountain is demonstrating the exact same characteristics with gold hosted in sheeted quartz veinlets, fractures and shears within a multiphase granitoid body, an Au-Bi-Te +/- As+W+Sb geochemical association and very low sulphur mineralization. Also similar to Fort Knox, there is strong evidence at Chicken Mountain, that multiple mineralization events and overprinting occurred coinciding with better gold grade. Follow-up drilling will target these high priority enriched areas with the objective of finding the sweet spot of the gold system and/or the carapace of the RIRGS (see Figure 5).

    Chicken Mountain geochemical characteristics (Au-Bi-Te +/- As+W+Sb) are indicative of mineralization that is both proximal and distal to the source intrusion/pluton within a RIRGS framework (see Figure 5). This coupled with the kilometre long and wide alteration and gold mineralization halos into the wallrock suggests that the “smoking gun” is there, but the sweet spot (higher-grade, unexposed portions of the cupola/carapace) of the system has yet to fully discovered and more drilling is warranted.

    Figure 5: Reduced Intrusion Related Gold Systems (“RIRGS”)


    Max Resource Discovers 5 New Copper & Silver Targets at CESAR

    Vancouver B.C., February 7, 2024 – MAX RESOURCE CORP. (“Max” or the “Company”) (TSX.V: MAX; OTC: MXROF; Frankfurt: M1D2) is pleased to report that it has discovered a series of five mineralized outcrops (collectively Target Area AM-14) on a Mining Concession, within the AM District of its wholly-owned Cesar Copper-Silver Project, Northeastern Colombia.

    Highlights

    • 5 newly discovered outcrops of stratiform copper-silver mineralization covering 1,000m2.
    • Mineralized layers are exposed up to 285m along strike and range in thickness from 0.8m to 4.0m.
    • Confirms multiple copper-silver bearing horizons within thick sedimentary rock sequence.
    • Strong evidence of 1.5-km continuity of mineralized layers between new discovery and AM-07.

    The five discoveries confirm multiple copper-silver bearing layers within a 700-metre-thick sequence of interbedded sandstones in the AM District. Additionally, there is strong evidence to suggest that one of the newly discovered outcrops (Outcrop #2) is a continuation of the mineralized horizon at target AM-07, located approximately 1.5-km to the northeast. This supports the Company’s interpretation that the copper-silver bearing layers in the AM District are continuous over large distances, similar to the Kupferschiefer and Kamoa-Kakula deposits.

    “As we continue to obtain high-grade results and locate significant structural and stratiform copper-silver mineralization, the Company's staunch belief in Cesar as a potential for significant deposits comes ever closer to fruition,” commented Brett Matich, CEO of Max.

    “The AM-14 mapping and sampling outlines an area some 600 to 1000 metres by 1000 to 1200 metres, strongly supporting our belief in Cesar as a regional or district copper-silver target, as opposed to a cluster of smaller unrelated zones. We look forward to assay results in the coming weeks,” he concluded.

    Description of the Mineralisation

    Preliminary work has determined that mineralization is hosted in layers of medium to fine-grained sandstone rich in organic material. The copper-silver bearing horizons are distributed across a 700-metre-thick package of interbedded sedimentary rocks that strike 240⁰ to 260⁰ and dip 30⁰ to 45⁰ northwest. Chalcocite, malachite and azurite are the most abundant copper minerals observed in the outcrop (refer to Figure 1 to Figure 3).

    All five of the outcropping mineralized beds are open along strike and at Outcrop #2, the copper-silver bearing sandstone horizon could be traced along strike for over a distance of 285m. Similarly, at Outcrop #5, the mineralized horizon exposed for over 130m before disappearing under cover. Layer thickness ranges from 0.8m at Outcrop #4 to 4.0m at Outcrop #5.

    Systematic channel sampling of the mineralized outcrop has now commenced. In addition, crews have begun detailed mapping in the vicinity of the discovery with the goal of extending the footprint of mineralization.

    Figure 1: Newly Discovered Outcrop #1 at AM-14

    Image shows outcrop of Cu-Ag bearing sandstone. The mineralized horizon is 2 metres thick and exposed for 4 metres along strike before disappearing under cover.

    Figure 2: Newly Discovered Outcrop #2 at AM-14

    Image shows outcrop of Cu-Ag bearing sandstone. The mineralized horizon is 1.25 metres thick and exposed for 236 metres along strike before disappearing under cover.

    Figure 3: Newly Discovered Outcrop #5 at AM-14

    Image shows outcrop of Cu-Ag bearing sandstone. The mineralized horizon is 4 metres thick and exposed for 130 metres along strike before disappearing under cover.

    Figure 4a: Location of the AM-14 Discovery

    Figure 4b: Location of Newly Discovered Outcrops in Target Area AM-14

    Background

    The Cesar Copper Silver Project comprises three districts: AM, Conejo and URU. Collectively the three contiguous districts stretch over 120-km in NNE/SSW direction (refer to Figure 5).

    Figure 5: Location and Scale of the Cesar Copper Silver Project, NE Colombia

    This region provides access to major infrastructure established for oil & gas and mining operations, including Cerrejón, the largest coal mine in South America, held by global miner Glencore. Max’s twenty mining concessions collectively span over 188-km².

    In 2022, Max executed a 2-year co-operation agreement with Endeavour Silver Corp. (TSX: EDR, NYSE: EXK), which assists in expanding its 100% owned landholdings; Endeavour will hold an underlying 0.5% NSR.

    AM District

    Starting in the far north of the Jurassic basin, classic stacked red bed outcrops with extensive lateral continuity have been rock sampled over many kilometres within the AM District. Highlight values of 34.4% copper and 305 g/t silver have been documented in the sedimentary red bed sequences. The Company confirmed that stratiform mineralization continues at depth with two scout drill holes completed earlier this year (Max News Release dated April 4, 2023). In addition, Colombian field crews continue to discover and sample new mineralized outcrops including at the recently identified AM-7 target (Max News Release dated May 25, 2023 and Max News Release dated June 22, 2023).

    Conejo District

    Midway south, the Conejo District is the most recent to be recognized and is characterized by structurally controlled mineralization hosted in intermediate and felsic volcanic rocks. Numerous mineralized outcrops have been discovered over 3.7-km at the primary target in the district with surface samples averaging 4.9% copper (2% cut-off). No drilling has been conducted at Conejo, but it has emerged as an area of focus for the Company.

    URU District

    Mineralization within the URU District is hosted in intermediate volcanic rocks and is structurally controlled, similar to deposits in the Central African Copper Belt. At URU-C, a 9.0m of 7.0% copper and 115 g/t silver surface discovery was confirmed at depth by drill hole URU-12, which intersected 10.6m of 3.4% copper and 48 g/t silver. At the URU-CE target, 750m to the east, 19.0m of 1.3% copper discovered in outcrop was confirmed by drill hole URU-9, which intersected a broad zone of copper oxide returning 33.0m of 0.3% copper from 4.0m, including 16.5m of 0.5% copper (Max News Release date January 24, 2023).

    Cesar Target Evaluation

    Max has identified and is evaluating 28 targets along the 120-km-long belt for potential drill testing. The Company is focused on expanding, refining, and prioritizing these targets in preparation for a drill program. Initial efforts have been concentrated on those targets with the greatest size potential with work that includes the following field activities:

    • Systematic chip and channel sampling of the mineralized outcrops.
    • Detailed geological and structural mapping of each showing.
    • Target scale prospecting and soil sampling.
    • Airborne Magnetic/Radiometric Surveys.

    Regional Exploration

    Max has demonstrated that the Cesar basin is fertile for copper-silver mineralization over a large area; however, only a fraction of the basin has been explored. As a result, Max has dedicated one of its geological teams to regional exploration with the goal of discovering additional copper-silver prospects within its land package covering more than 1,000 sq-km.

    Qualified Person

    The Company's disclosure of a technical or scientific nature in this news release was reviewed and approved by Tim Henneberry, PGeo (British Columbia), a member of the Max Resource advisory board, who serves as a qualified person under the definition of National Instrument 43-101.

    About Max Resource Corp.

    Max Resource Corp. (TSXV: MAX) is a mineral exploration company advancing the newly discovered district-scale Cesar copper-silver project. The wholly owned Cesar project sits along the Colombian portion of the world’s largest producing copper belt (Andean belt), with world class infrastructure and the presence of global majors (Glencore and Chevron).

    In addition, Max controls the RT Gold project (100% earn-in) in Peru, encompassing a bulk tonnage primary gold porphyry zone, and 3-km to the NW, a gold bearing massive sulphide zone. Historic drilling in 2001, returned values ranging 3.1 to 118.1 g/t gold over core lengths ranging from 2.2 to 36.0m.

    Max is proactive, with the corporate goal of transitioning the Cesar basin towards the mining of copper, the key metal for Colombia’s transition to clean energy. The safety of our people and the communities where we operate is most important. We conduct exploration in a manner which supports protection of ecosystems through responsible environmental stewardship.

    Source: NI 43:101 Geological Report RT Gold Project for Max Resource Corp. by Luis Rodrigo Peralta, Mar. 8, 2023. NI 43:101 Geological Report Rio Tabaconas Gold Project for Golden Alliance Resources Corp. by George Sivertz, Oct.3, 2011.

    For more information visit: https://www.maxresource.com/

    For additional information contact:

    Tim McNulty

    E: info@maxresource.com

    T: (604) 290-8100

    Rahim Lakha

    E. rahim@bluesailcapital.com

    Brett Matich

    T: (604) 484 1230

    Blockieren ist mit dem neuen Release einfacher geworden, klickst einfach den gewünschten User an, dann auf das kleine Feld mit den 3 Punkten übereinander (neben "Inhalte suchen") auf Blockieren.

    [smilie_blume] VIELEN HERZLICHEN DANK ! Sehr schön dass das jetzt tatsächlich funktioniert ! [smilie_blume]

    Damit fliegt der Bumerang ins leere wie es sich gehört! 8) :thumbup:



    Edit: Habe gerade gesehen dass Neo seine letzten Beiträge gelöscht hat. :/

    Neo : Bullshit erkannt, oder warum? (rein rhetorische Frage, bitte nicht antworten!)

    Ist immer blöd wenn man auf sowas ohne Zitat antwortet. Dann steht man selbst wie ein Depp da wenn man auf solchen bullshit eingegangen ist...


    Also nochmal, Danke für die Ignore Funktion Bumerang + Neo ! ;)

    Oder wie wäre es statt einem Affen mit einem Roboter, bzw. "KI" die alles steuert ?


    Die Argumentation ist dann:

    - besser künstliche als gar keine Intelligenz

    - keine Korruption und Vetterleswirtschaft

    - "objektive", "gerechte" Entscheidungen...

    - ...
    Bei unseren Flachzangen-POlitickern wäre das fast zu begrüßen [smilie_happy] :/ :rolleyes:


    Haha, echt?


    Der arme Tropf hat entweder kein Leben oder er macht die spammerei beruflich?!


    So oder so bedauernswert und höchst abstoßend!


    Ich würd wahrscheinlich von ner Klippe springen in so nem Fall [smilie_happy]