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Max Resources Corp.

Publié le 12 juin 2014

receives drill permit for East Manhattan Wash gold project, Nevada

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JUNE 12, 2014 TSX-V: MXR

MAX receives drill permit for East Manhattan Wash gold project, Nevada

 

MAX Resource Corp. (TSX.V: MXR; OTCBB: MXROF; Frankfurt: M1D) has received approval from the U.S. Forest Service to begin drilling at its East Manhattan Wash gold project in Nevada after July 15, 2014.   

 

This program will drill test a surface soil anomaly exposed over a surface area in excess of 1,650 m by 450 m that was identified by soil sampling programs that were conducted by MAX between 2009 and 2013, with values returned ranging from 0.05 ppm to 1.5 ppm (1.5 g/t) Au.  During an initial bulk sample conducted in 2009, MAX recovered 4.9 g/t Au and 1.2 g/t Ag from a 793 pound sample taken at surface.   Mineralization appears to be free gold in a volcanic lithic welded tuff that will be drill tested to determine the overall depth of the gold mineralization, extend the known mineralization below cover, and determine the overall grade.

 

While the total mineralized zone now exposed at surface encompasses an area in excess of 1,650 m by 450 m in size, the mineralized area is believed to be much larger but is covered by either overburden or alluvium.  Just north of this area, the very small streams all contain free gold that can be recovered by conventional gold panning techniques.  Samples taken by other companies that reviewed the property during 2010 and 2011 found values up to 2.4 g/t Au in outcrop. 

 

The sampling conducted at EMW has enabled MAX to identify structural linear features seen in air photo images along with argillic alteration and silicification that appears to define where strong gold values may be found.  Sampling of historic pits dug by earlier prospectors has helped further define the areas of mineralization and to confirm the presence of gold.  A soil sampling map is available on our web site at www.maxresource.com.

The EMW property is comprised of 78 claims (1,560 acres) located in the Manhattan Mining District 40 miles north of the town of Tonopah and eight miles south of the Round Mountain Mine (jointly owned by Kinross and Barrick), a conventional open pit operation that has produced more than 12 million ounces of gold to date.  For 2013, Kinross Gold reported a proven and probable gold resource at Round Mountain (net to its 50% interest) of 42.147 million tonnes at 0.68 g/t Au.

Max has completed the first hole at its Majuba Hill copper/silver project in Nevada (see our news release of May 2, 2014) and is in the process of logging and sampling the core for analysis.  This hole was drilled to a depth of 1,200 ft (365 m) on the east side of Majuba Ridge to test a zone of high grade copper and silver mineralization in outcrop (grades up to 7.72% Cu and 174 g/t Ag) sampled by Minterra Resources in 2007.  Assay results will be reported when available.

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. 


 

On behalf of the Board of Directors of

MAX Resource Corp.

 

�STUART ROGERS�

 

Stuart Rogers

President

Contacts: Leonard MacMillan, Corporate Communication

info@maxresource.com     

 

Phone: 604-637-2140                                                                                                        Toll Free: 1-866-331-5088

or

 

Paradox Public Relations
info@paradox-pr.ca

Phone: 514-341-0408                                                                                                        Toll Free: 1-866-460-0408




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.

HOMECORPORATE INFOPROJECTSINVESTOR INFONEWS RELEASESCONTACT

Max Resources Corp.

EXPLORATEUR
CODE : MXR.V
ISIN : CA57772U1093
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Max Resources est une société d’exploration minière d'or et d'argent basée au Canada.

Max Resources détient divers projets d'exploration au Canada.

Ses principaux projets en exploration sont CROWSNEST, HOWELL, EAST MANHATTAN, MAJUBA HILL (NEVADA), INDATA, TABLE TOP, DIAMOND PEAK PROPERTY, RAVIN, C DE BACA PROJECT, MACINNIS LAKE PROJECT et GOLD HILL - MAX au Canada.

Max Resources est cotée au Canada, aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 11,0 millions CA$ (8,8 millions US$, 7,7 millions €).

La valeur de son action a atteint son plus haut niveau récent le 01 avril 2011 à 2,65 CA$, et son plus bas niveau récent le 18 octobre 2019 à 0,02 CA$.

Max Resources possède 15 650 000 actions en circulation.

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Rapports annuels de Max Resources Corp.
2008 Annual Report
Financements de Max Resources Corp.
13/02/2014Arranges $300,000 private placement
Nominations de Max Resources Corp.
23/02/2012appoints Ian Smith, F.AusIMM, as Director
Projets de Max Resources Corp.
05/02/2014Resource to Drill at Majuba Hill, Nevada, Ridge of High Grad...
27/08/2013(East Manhattan)Returns 1.5 g/t Au and 0.87 g/t Au From Bulk Samples at East...
27/03/2013RESOURCE | 2013 | Website Update
02/10/2012step-out drilling extends silver, copper mineralized oxide z...
11/09/2012drills 4.6 m @ 58.0 g/t Silver and 7.6 m @ 0.80% copper, Maj...
30/08/2012Resource Response to Request/Email Updates
14/06/2012completes eight drill holes at Majuba Hill silver/copper/gol...
03/05/2012begins Phase III drill program at Majuba Hill copper/silver/...
26/04/2012Acquires Additional Acreage in Nevada, Drilling to Resume
03/04/2012Phase III High-Grade Silver/Copper/Gold drill program in Nev...
07/03/2012Resource Outlook 2012 and Beyond!! New Power Point
07/02/2012Drills 29.2 m of 30.5 g/t Ag and 0.69% Cu at DeSoto discover...
20/01/2012Resource Invitation Reminder, Booth #1521
14/12/2011completes Phase II drill program Majuba Hill copper/silver p...
26/10/2011Resource Retains Strategic Investor Relations Services
25/10/2011drills 44.2 m of 71.0 g/t (2.28 oz/t) Silver and 1.14% Coppe...
13/10/2011(Majuba Hill (nevada))drills 13.7 m of 30 g/t (0.96 oz/t) silver and 0.47% copper ...
08/08/2011completes soil sampling and additional drilling at Majuba Hi...
30/03/2011(Majuba Hill (nevada))begins exploration at historic Majuba Hill Copper/Gold/Silve...
17/03/2011(Table Top)resumes drilling at Table Top gold project in Nevada, immedi...
17/02/2011(Table Top)to resume drilling at Table Top gold project in Nevada, imme...
24/11/2009(Crowsnest)drills 19.03 g/t gold over 6.1 meters at Crowsnest; includes...
31/08/2009acquires Table Top gold project in Nevada; permitting underw...
10/08/2009(Howell)samples > 100g/t Gold, 105 ppm Tellurium at Crowsnest Gold p...
27/07/2009(Howell)options Crowsnest Gold Property; drilling planned for fall a...
10/03/2009(East Manhattan)recovers 4.9 grams/ton gold and 1.2 grams/ton silver from bu...
07/01/2009(Indata)intercepts 8.20 g/t Gold over 0.3 m, 209.0 g/t Silver over 0...
21/11/2008(Howell)intersects 22 metres of 0.78 g/t gold at Howell
18/08/2008(Howell)Reports an Open Pit Gold Reserve of 150,000 Ounces of Gold ...
22/07/2008(Howell)Drilling begins at Howell Gold project in British Columbia
14/07/2008(Ravin)Drilling begins at Ravin Molybdenum/Tungsten Property in Nev...
17/06/2008(Gold Hill - Max)MAX Begins Drilling at Gold Hill site
29/08/2007(Gold Hill - Max)Reports Positive Molybdenum Results, Gold Hill Project, Alas...
31/07/2007(Gold Hill - Max)Begins 6000 Foot Molybdenum Drill Program in Alaska
Communiqués de Presse de Max Resources Corp.
15/10/2015MAX closes final tranche of Private Placement for $$67,750
18/09/2015MAX arranges Private Placement for $250,000
23/03/2015Max Announces Effective Date For Share Consolidation
23/03/2015MAX to voluntarily terminate its share registration in U.S.
23/03/2015MAX Completes Share Consolidation
13/03/2015MAX to Voluntarily Terminate Its Share Registration in U.S.
24/02/2015MAX Completes Share Consolidation
23/02/2015MAX Announces Effective Date for Share Consolidation
14/11/2014MAX Relinquishes Majuba Hill Project
04/11/2014MAX Reports on Assays From East Manhattan Wash Gold Project,...
12/09/2014MAX Receives Assay Results From Drilling at East Manhattan W...
21/07/2014MAX Commences Drilling at East Manhattan Wash Gold Project, ...
25/06/2014MAX Drills 222.6 m @ 0.27% Cu and 10.1 g/t Ag, Inclusive of ...
12/06/2014MAX Receives Drill Permit for East Manhattan Wash Gold Proje...
20/05/2014MAX Commences Drilling at Majuba Hill Copper/Silver Project ...
15/03/2012drills 293 m of silver, gold and copper at Majuba Hill, Neva...
05/10/2011Clancy Wendt, P. Geo, VP Exploration of MAX Resource Corp., ...
31/05/2011(Table Top)drills 9.6 metres of 1.04 g/t Au at Table Top in Nevada, ext...
15/10/2009Crowsnest Gold New Trench Assay's and Drilling Completed
31/08/2009Acquires Gold Property in Nevada
16/06/2008engages Gateway Securities for corporate finance services
09/06/2008OPTIONS TWO PROPERTIES IN BRITISH COLUMBIA
04/12/2007 acquires Gold/Silver Property in Manhattan Mining District,...
22/10/2007Completes Airborne Survey, MacInnes Lake Uranium Project, NW...
18/10/2007Reports 1,000 Feet of 0.058% MoS2, Gold Hill Molybdenum Proj...
11/10/2007 Reports First Hole Results of 965 Feet of 0.048% MoS2, Gold...
10/09/2007Acquires Ravin Molybdenum-Tungsten Project, Nevada, USA
05/06/2007Raises $8.45 Million for Uranium & Molybdenum Projects in US...
20/04/2007to Raise $7,100,000
10/04/2007Acquires Nustar Uranium Project, Arizona
08/03/2007 Receives Drill Permit for C De Baca Uranium Project in Mexi...
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