Max Resources Corp.

Published : August 10th, 2009

samples > 100g/t Gold, 105 ppm Tellurium at Crowsnest Gold property, Southeastern B.C.

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Monday, August 10, 2009 TSX-V: MXR

MAX samples > 100g/t Gold, 105 ppm Tellurium at Crowsnest Gold property, Southeastern B.C.

MAX Resource Corp. (TSX.V: MXR; OTCBB: MXROF; Frankfurt: M1D) has received assays from a sample taken during a due diligence site visit at Crowsnest conducted by MAX in June 2009. MAX's VP Exploration, Clancy Wendt, noted visible gold mineralization near an area referred to as the "discovery trench". Results have now been received for a sample of this mineralization, which occurs in a silicified, quartz veined and pyritic mineralized section of a monzonite intrusive. The sample exceeded the upper detection limit of the laboratory for gold (greater than 100,000 ppb -- 100 grams per tonne) and is being re-assayed by Acme Analytical Labs Ltd. using a different technique to determine its full gold content.

Also of significance in the recent sample result is the high content of tellurium (105.4 ppm). Several previous operators at Crowsnest, including Placer Dome Inc., have suggested a number of comparables exist between the Crowsnest Project and the Cripple Creek deposit located in Colorado. These comparables include the tectonic setting, alkalic intrusive association and occurrence of tellurium. Cripple Creek, in production since 1890, has produced in excess of 23.3 million ounces of gold (to 2005) and continues to be mined by Anglo Ashanti Gold Mining.

MAX has been advised by its option partner, Eastfield Resources Ltd. (TSX-V: ETF), that the exploration permit has now been issued for the proposed September 2009 drill program at Crowsnest. The Company is now making arrangements to conduct a reverse circulation drill program at Crowsnest in mid-September which will continue to explore the discovery trench area with close spaced drill holes to find the extent of the high grade mineralization and to define the direction and extent of the mineralized structure. The discovery trench area was discovered in 1996 and trenched by Eastfield in 1999, resulting in a trench intercept of 8.57 g/t gold over 16.5 metres.

The Crowsnest gold project consists of 15 claims totaling 3,142 hectares located in Southeast B.C., one and one half hours by gravel road south of the town of Sparwood. Crowsnest is one of two gold exploration properties in B.C. optioned from Eastfield, as announced in our news release of July 27, 2009.

This news release has been reviewed by Mr. Clancy J. Wendt, P. Geo, a "qualified person" as that term is defined under National Instrument 43-101. The historic information provided is for reference only and the reader should not infer or assert that the information is correct, reliable or accurate.

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 Gold in Alaska, Nevada and British Columbia, Uranium projects in the south western U.S. and northern Canada, and Molybdenum in Alaska and 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


Contact:
Leonard MacMillan, Corporate Communication
Telephone: (866) 331-5088 or (604) 637-2140
info@maxresource.com
www.maxresource.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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.

You can also view this News Release on our website at:
http://www.maxresource.com/s/NewsReleases.asp?ReportID=359174
 

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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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8/10/2009(Howell)samples > 100g/t Gold, 105 ppm Tellurium at Crowsnest Gold p...
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