Max Resources Corp.

Published : October 22nd, 2007

Completes Airborne Survey, MacInnes Lake Uranium Project, NWT, Canada

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Keywords :   Canada | Copper | Gold | K Street | Molybdenum | Oil | Uranium |
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MAX RESOURCE CORP.

MAX COMPLETES AIRBORNE SURVEY

MACINNIS LAKE URANIUM PROJECT, NORTHWEST TERRITORIES, CANADA


  • High Resolution Aeromagnetic Gradiometer-Radiometric Survey will be Combined with Historical Drill Results to Identify Drill Targets
  • Drilling to be Scheduled for Summer 2008
  • MacInnes Lake Contains Widespread Surface Uranium Mineralization, and Contains 28 High Grade Uranium Outcrops Drilled Extensively by Shell Oil, Uranerz and PNC Exploration Between 1954 And 1988


    Project Area Includes:


    • the DUSSAULT, which has a non-compliant drill indicated inferred resource of 37,000 tons grading 0.17% U308 (the occurrence appears to be open down dip and along strike), values of 0.84% U308 intersected over 2 feet and high-grade samples recovered up to 28% U308.*
    • the COLE, with numerous trench samples with U308 values reported as high as 3.16%, 5.13% and 20%; and *
    • the KULT, which has a surface showing 300m x 500m wide with surface uranium and copper mineralization that returned grades up to 3.5% Copper and 3.3% U308. *

    *A Technical Report prepared in accordance with National Instrument 43-101 was previously completed on the MacInnis Lake Uranium Project for Alberta Star Development Corp. (TSX.V: ASX; OTCBB: ASXSF) and is accessible on SEDAR.. The historic information provided above predates NI 43-101 and is for reference only. The reader should not infer or assert that the information is correct, reliable, relevant or accurate and it therefore should not be relied upon.


    View Max Resources Press Release


    Dear Friends:

    The MacInnes Lake Uranium Project is another part of the substantial uranium portfolio now held by MAX in both the USA and Canada. We like the high historical grades being reported by previous operators, such as Shell Oil. With the radiometric survey now completed MAX and their joint venture partner, Alberta Star, can plan their drill program to be scheduled for next summer. We look forward to seeing the drills turning in this very promising project area.

    Regards,

    Nick L. Nicolaas & Wayne Melvin


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    Stay tuned for the most recent updates on Max Resource and other leading junior exploration companies through the MiningInteractive Video Interviews.


    Mining Interactive Web Site

    Nick L. Nicolaas
    (604) 657-4058
    nick@mininginteractive.com
    OR Wayne A. Melvin
    (604) 619-6327
    wayne@mininginteractive.com

October 19 , 2007
Nick Nicolaas, Editor


• Max Resource Corp. is a Canadian mineral exploration company that is focused on uranium and molybdenum exploration, with properties in the U.S. and Canada. In addition, it holds gold properties in Nevada and Alaska.


Max Two Page Summary

View Max Resource CEO in Video Interview



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--Stuart Rogers, CEO, MAX Recources.


Max Resource Web Site


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Max Resources Corp.

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CODE : MXR.V
ISIN : CA57772U1093
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Max Resources is a gold and silver exploration company based in Canada.

Max Resources holds various exploration projects in Canada.

Its main exploration properties are CROWSNEST, HOWELL, EAST MANHATTAN, MAJUBA HILL (NEVADA), INDATA, TABLE TOP, DIAMOND PEAK PROPERTY, RAVIN, C DE BACA PROJECT, MACINNIS LAKE PROJECT and GOLD HILL - MAX in Canada.

Max Resources is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 11.0 millions as of today (US$ 8.8 millions, € 7.7 millions).

Its stock quote reached its highest recent level on April 01, 2011 at CA$ 2.65, and its lowest recent point on October 18, 2019 at CA$ 0.02.

Max Resources has 15 650 000 shares outstanding.

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