Max Resources Corp.

Published : June 09th, 2008

OPTIONS TWO PROPERTIES IN BRITISH COLUMBIA

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MAX Resource Corp.

MAX OPTIONS TWO PROPERTIES IN BRITISH COLUMBIA

MXR: TSX-V June 9, 2008

MAX Resource Corp. (TSX.V: MXR; OTCBB: MXROF; Frankfurt: M1D) has entered into separate Option Agreements with Eastfield Resources Ltd. (TSX.V:ETF) whereby it can earn up to a 60% interest in two exploration properties located in British Columbia, Canada.

The Indata Gold/Copper Property encompasses 3,060 hectares located 1 � hr by truck north of the Town of Fort St. James in North Central B.C.  There are two exploration targets on the property.  The first is structurally controlled precious metal veins and the second is Porphyry Copper.  Analogues for the precious metal veins include the Motherlode System in California in which the Pinchi fault system represents a crustal suture comparable to the Melones fault.  Serpentinized ultramafic intrusions and a comparable suite of pathfinder elements lend themselves to this comparison.  A review of 24 Diamond drill intercepts in the precious metal target indicates that the average vein intercept is 1.54 metres wide with an average grade of 8.41 g/tonne gold and 52.43 g/tonne silver including one very high grade intercept of 46.26 g/t gold and 2.00 g/t silver over 4 metres.  Eastfield and its partners have expended approximately $2.1 million to date on the Indata property.

MAX can earn a 60% interest in the Indata property over a three year period by making cash payments totaling $120,000 ($10,000 on signing), issuing up to 300,000 shares (50,000 shares in the first year) and by completing exploration expenditures of $1.15 million over a three year period. The agreement is subject to acceptance for filing by the TSX Venture Exchange and availability of drilling permits and a drilling contractor.

MAX plans to conduct a drill program at Indata during 2008 to test for mineralized extensions to or beneath the historical significant drill intercepts.   These include the following:

1)         Drill hole 88-11, drilled in 1988, which intersected 4 metres of altered and weakly chalcedonic veined ultramafic grading 46.2 g/t gold over 4 metres. A new vertical hole to a depth of 200 metres is proposed and will be collared immediately to the east of 88-11.  Further precious metal targets have been identified by geochemical soil surveys carried out by the previous operators, the most recent of which was conducted in 2007. The robust gold and multi-element soil anomaly developed in 2007 will require an induced polarization surveying to detail this target prior to trenching or drilling.

2)         Hole 98-04, drilled in 1998 in the porphyry copper target intersected 145 metres grading 0.20% copper with the bottom 24 metres grading 0.37% copper.  This could represent an early indication that copper mineralization may be increasing with depth. The drill area is spatially related to a coincident magnetic high and circular feature observed on satellite imagery.  Drilling has not effectively tested this feature to depth and on its northern extremity.  A strong and relatively cohesive soil copper anomaly exists for at least 1,500 metres to the south of the known porphyry copper mineralization. This remains largely untested and shows promise of a large untested anomaly.

The Howell Gold Project is comprised of 4,376 hectares in Southeast B.C. located one hour by gravel road south of the town of Sparwood, straddling the drainages of Twenty-Nine Mile Creek and Howell Creek.  Eastfield has the right to earn a 100% interest in the Howell property through an amended 1999 option agreement with Teck Cominco Metals Limited ("TCML") and Goldcorp Inc. ("GI") whereby outstanding commitments include a final exploration expenditure totaling $423,759 and cash payments of $100,000 to each of TCML and GI due by August 31, 2010.

MAX can earn a 60% interest in the Howell project over a three year period by making cash payments totaling $120,000 to Eastfield ($10,000 on signing), issuing 250,000 shares (50,000 shares in the first year) and by completing exploration expenditures of $1.25 million.  In addition, in order to maintain its option, MAX will also be responsible for its portion of the $200,000 payment due to GI and TCML by August 31, 2010 pursuant to Eastfield's underlying agreement with them.   The agreement is subject to acceptance for filing by the TSX Venture Exchange, Max delivering certain covenants to GI and TCML and availability of drill permits and a drilling contractor.

The Howell Creek property is underlain by a thick sequence of Paleozoic limestones and sedimentary rocks and older Proterozoic sediments.  Mid-Cretaceous intrusions occurring as sills, dykes, plugs and diatremes intrude these units.  Gold mineralization occurs disseminated in limestone and with quartz stockworks in syenite intrusives and Proterozoic sediments.  Prior drilling has included 1.23 g/t gold over 58 metres, 0.95 g/t gold over 39 metres, 0.65 g/t gold over 82 metres, and 0.57 g/t gold over 149 metres.  A Diamond drill hole from 2006, collared to the west of the surface expression of the important Palaeozoic limestone, penetrated a near surface fault and intersected 43 metres grading 0.42 g/t gold to the bottom of the hole at 66 metres.  Hole HW-606 effectively expands the prospective area for the target model.  The last sample in this hole graded 0.44 g/t gold indicating a need to drill deeper and test the target along strike.

Exploration at Howell has included 6,197 metres of drilling in 49 holes.  Several holes have also intersected significant "manto style" silver-lead-zinc intercepts in limestone.  These include 15.3 g/t silver , 0.40% lead and 2.40% zinc over 7.5 metres and 51.5 g/t silver, 1.98% lead, 1.87% zinc, and 0.32 g/t gold  over 7.6  metres.  Hole HRC-15, with a 7.6 metre intercept grading 51.5 g/t Ag, 1.98% Pb, 1.87% Zn, and 0.32 g/t Au in dolomite, is located on the eastern edge of the drill grid.  These intercepts represent Carbonate Replacement Deposit (CRD) style mineralization which has not been actively explored at Howell in past exploration efforts.

MAX plans to conduct drilling at Howell during 2008 to continue expand the carbonate limestone hosted mineralization in the vicinity of  HRC-25, H-02-1, H-02-3 and HW-606  In addition, MAX has plans to drill at least one new hole to the east of hole HRC-15 where CRD style mineralization has been identified.
Mr. Clancy J. Wendt, P.Geo, has acted as the qualified person as defined in National Instrument 43-101 for the purpose of the release of the technical information contained herein.
About MAX Resource Corp.

MAX Resource Corp. is a Canadian based exploration company with a diversified portfolio of mineral exploration projects in Canada and the Western United States.  Our properties include Uranium projects in the south western U.S. and northern Canada, Molybdenum in Alaska and Nevada, and Gold in Nevada.  For more information, please visit our web site at www.maxresource.com.

On behalf of the Board of Directors of
MAX Resource Corp.

"STUART ROGERS"

Stuart Rogers
President




THE CONTENTS OF THIS NEWS RELEASE HAVE NEITHER BEEN APPROVED NOR DISAPPROVED BY THE TSX VENTURE EXCHANGE.

This News Release includes certain "forward looking statements". Without limitation, statements regarding potential mineralization and resources, exploration results, and future plans and objectives of the Company are forward looking statements that involve various degrees of risk. The following are important factors that could cause MAX's actual results to differ materially from those expressed or implied by such forward looking statements: changes in the world wide price of mineral commodities, general market conditions, risks inherent in mineral exploration, risks associated with development, construction and mining operations, the uncertainty of future profitability and the uncertainty of access to additional capital.


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Max Resources Corp.

EXPLORATION STAGE
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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Annual reports of Max Resources Corp.
2008 Annual Report
Financings of Max Resources Corp.
2/13/2014Arranges $300,000 private placement
Nominations of Max Resources Corp.
2/23/2012appoints Ian Smith, F.AusIMM, as Director
Project news of Max Resources Corp.
2/5/2014Resource to Drill at Majuba Hill, Nevada, Ridge of High Grad...
8/27/2013(East Manhattan)Returns 1.5 g/t Au and 0.87 g/t Au From Bulk Samples at East...
3/27/2013RESOURCE | 2013 | Website Update
10/2/2012step-out drilling extends silver, copper mineralized oxide z...
9/11/2012drills 4.6 m @ 58.0 g/t Silver and 7.6 m @ 0.80% copper, Maj...
8/30/2012Resource Response to Request/Email Updates
6/14/2012completes eight drill holes at Majuba Hill silver/copper/gol...
5/3/2012begins Phase III drill program at Majuba Hill copper/silver/...
4/26/2012Acquires Additional Acreage in Nevada, Drilling to Resume
4/3/2012Phase III High-Grade Silver/Copper/Gold drill program in Nev...
3/7/2012Resource Outlook 2012 and Beyond!! New Power Point
2/7/2012Drills 29.2 m of 30.5 g/t Ag and 0.69% Cu at DeSoto discover...
1/20/2012Resource Invitation Reminder, Booth #1521
12/14/2011completes Phase II drill program Majuba Hill copper/silver p...
10/26/2011Resource Retains Strategic Investor Relations Services
10/25/2011drills 44.2 m of 71.0 g/t (2.28 oz/t) Silver and 1.14% Coppe...
10/13/2011(Majuba Hill (nevada))drills 13.7 m of 30 g/t (0.96 oz/t) silver and 0.47% copper ...
8/8/2011completes soil sampling and additional drilling at Majuba Hi...
3/30/2011(Majuba Hill (nevada))begins exploration at historic Majuba Hill Copper/Gold/Silve...
3/17/2011(Table Top)resumes drilling at Table Top gold project in Nevada, immedi...
2/17/2011(Table Top)to resume drilling at Table Top gold project in Nevada, imme...
11/24/2009(Crowsnest)drills 19.03 g/t gold over 6.1 meters at Crowsnest; includes...
8/31/2009acquires Table Top gold project in Nevada; permitting underw...
8/10/2009(Howell)samples > 100g/t Gold, 105 ppm Tellurium at Crowsnest Gold p...
7/27/2009(Howell)options Crowsnest Gold Property; drilling planned for fall a...
3/10/2009(East Manhattan)recovers 4.9 grams/ton gold and 1.2 grams/ton silver from bu...
1/7/2009(Indata)intercepts 8.20 g/t Gold over 0.3 m, 209.0 g/t Silver over 0...
11/21/2008(Howell)intersects 22 metres of 0.78 g/t gold at Howell
8/18/2008(Howell)Reports an Open Pit Gold Reserve of 150,000 Ounces of Gold ...
7/22/2008(Howell)Drilling begins at Howell Gold project in British Columbia
7/14/2008(Ravin)Drilling begins at Ravin Molybdenum/Tungsten Property in Nev...
6/17/2008(Gold Hill - Max)MAX Begins Drilling at Gold Hill site
8/29/2007(Gold Hill - Max)Reports Positive Molybdenum Results, Gold Hill Project, Alas...
7/31/2007(Gold Hill - Max)Begins 6000 Foot Molybdenum Drill Program in Alaska
Corporate news of Max Resources Corp.
10/15/2015MAX closes final tranche of Private Placement for $$67,750
9/18/2015MAX arranges Private Placement for $250,000
3/23/2015Max Announces Effective Date For Share Consolidation
3/23/2015MAX to voluntarily terminate its share registration in U.S.
3/23/2015MAX Completes Share Consolidation
3/13/2015MAX to Voluntarily Terminate Its Share Registration in U.S.
2/24/2015MAX Completes Share Consolidation
2/23/2015MAX Announces Effective Date for Share Consolidation
11/14/2014MAX Relinquishes Majuba Hill Project
11/4/2014MAX Reports on Assays From East Manhattan Wash Gold Project,...
9/12/2014MAX Receives Assay Results From Drilling at East Manhattan W...
7/21/2014MAX Commences Drilling at East Manhattan Wash Gold Project, ...
6/25/2014MAX Drills 222.6 m @ 0.27% Cu and 10.1 g/t Ag, Inclusive of ...
6/12/2014MAX Receives Drill Permit for East Manhattan Wash Gold Proje...
5/20/2014MAX Commences Drilling at Majuba Hill Copper/Silver Project ...
3/15/2012drills 293 m of silver, gold and copper at Majuba Hill, Neva...
10/5/2011Clancy Wendt, P. Geo, VP Exploration of MAX Resource Corp., ...
5/31/2011(Table Top)drills 9.6 metres of 1.04 g/t Au at Table Top in Nevada, ext...
10/15/2009Crowsnest Gold New Trench Assay's and Drilling Completed
8/31/2009Acquires Gold Property in Nevada
6/16/2008engages Gateway Securities for corporate finance services
6/9/2008OPTIONS TWO PROPERTIES IN BRITISH COLUMBIA
12/4/2007 acquires Gold/Silver Property in Manhattan Mining District,...
10/22/2007Completes Airborne Survey, MacInnes Lake Uranium Project, NW...
10/18/2007Reports 1,000 Feet of 0.058% MoS2, Gold Hill Molybdenum Proj...
10/11/2007 Reports First Hole Results of 965 Feet of 0.048% MoS2, Gold...
9/10/2007Acquires Ravin Molybdenum-Tungsten Project, Nevada, USA
6/5/2007Raises $8.45 Million for Uranium & Molybdenum Projects in US...
4/20/2007to Raise $7,100,000
4/10/2007Acquires Nustar Uranium Project, Arizona
3/8/2007 Receives Drill Permit for C De Baca Uranium Project in Mexi...
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