 | | | Publié le 10 mars 2009 | recovers 4.9 grams/ton gold and 1.2 grams/ton silver from bulk sample at East Manhattan Wash in Neva |
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| Tuesday, March 10, 2009 |
TSX-V: MXR |
MAX recovers 4.9 grams/ton gold and 1.2 grams/ton silver from bulk sample at East Manhattan Wash in Nevada.
MAX Resource Corp. (TSX.V: MXR; OTCBB: MXROF; Frankfurt: M1D) is pleased to announce the results of the first large (bulk) sample taken from its East Manhattan Wash ("EMW") property in the Manhattan Mining District, Nye County, Nevada.
The sample was taken from a previously sampled outcrop that contained approximately 1 gram of gold per ton. At that time, it was also noticed that if the sample was crushed and "panned", free gold was found. The recent bulk sample weighed 793 pounds and was crushed to particles of less than 1 millimeter in size. The sample was then processed on a Wilfley Table to concentrate the heavy minerals. From this concentrate, a fired bead was made to produce a gold/silver "button". This button, which weighed 2.67 grams, was then analyzed using a NITON x-ray analyzer and was found to contain approximately 80% gold and 20% silver. On a per ton basis, this is equivalent to 6.1 grams of gold/silver per ton, or 4.9 grams of gold per ton and 1.2 grams per ton of silver.
An extensive soil/outcrop sampling program is planned for EMW for the spring of 2009, which will be followed up by an auger drill program to outline the native gold bearing outcrop. Additional land has been staked along the north and south sides of the original EMW claims.
More than 1,000,000 ounces of gold have been mined in the Manhattan Mining District. Production has included the nearby Manhattan mine (1974-1990), an open-pit operation that produced 236,000 ounces of gold at an average grade of 0.08 ounces per ton ("opt"). The Echo Bay East and West Pit deposits operated in the early 1990s, producing 260,000 ounces at an average grade of 0.06 opt. The Round Mountain Mine (Kinross/Barrick), situated eight miles north of EMW, is a conventional open pit operation that has produced more than 12 million ounces of gold to date. Recorded placer gold production from the district totals approximately 150,000 ounces from a major dredge operation and small-scale lode mines produced another 100,000 ounces.
The current exploration model suggests that deposits that will be found in the Manhattan District are related to the contact of the Manhattan Caldera Margin and structural intersections. Gold is also related to the Cambrian-Ordivician Age Sedimentary rocks along the five mile long by one mile wide zone of the Caldera. What is unique to this occurrence is that it is related to a lithic welded volcanic tuff. More work is planned to determine how this mineralization is related to the overall normal mineralized gold system in the Manhattan District. So far, it appears to be quite different and may be quite extensive.
The EMW property is comprised of 133 claims (2,660 acres) located 40 miles north of the town of Tonopah and is the subject of an option agreement whereby MAX can earn a 100% interest, subject to a 3% NSR royalty. There no historic reports on the project available to MAX. For more information on East Manhattan Wash, please visit our web site at www.maxresource.com.
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.
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, and. 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.comThe TSX Venture Exchange does not accept 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=340960
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CODE : MXR.V |
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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 HOWELL, CROWSNEST, EAST MANHATTAN, TABLE TOP, DIAMOND PEAK PROPERTY, MAJUBA HILL (NEVADA), INDATA, MACINNIS LAKE PROJECT, RAVIN, C DE BACA 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$, 8,0 millions €). La valeur de son action a atteint son plus haut niveau récent le 01 avril 2011 à 2,65 CA$, et son plus bas niveau récent le 18 octobre 2019 à 0,02 CA$. Max Resources possède 15 650 000 actions en circulation. |
| Rapports annuels de Max Resources Corp. |
| Financements de Max Resources Corp. |
| Nominations de Max Resources Corp. |
| Projets de Max Resources Corp. |
| 05/02/2014 | Resource 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... |
| 27/03/2013 | RESOURCE | 2013 | Website Update |
| 02/10/2012 | step-out drilling extends silver, copper mineralized oxide z... |
| 11/09/2012 | drills 4.6 m @ 58.0 g/t Silver and 7.6 m @ 0.80% copper, Maj... |
| 30/08/2012 | Resource Response to Request/Email Updates |
| 14/06/2012 | completes eight drill holes at Majuba Hill silver/copper/gol... |
| 03/05/2012 | begins Phase III drill program at Majuba Hill copper/silver/... |
| 26/04/2012 | Acquires Additional Acreage in Nevada, Drilling to Resume |
| 03/04/2012 | Phase III High-Grade Silver/Copper/Gold drill program in Nev... |
| 07/03/2012 | Resource Outlook 2012 and Beyond!! New Power Point |
| 07/02/2012 | Drills 29.2 m of 30.5 g/t Ag and 0.69% Cu at DeSoto discover... |
| 20/01/2012 | Resource Invitation Reminder, Booth #1521 |
| 14/12/2011 | completes Phase II drill program Majuba Hill copper/silver p... |
| 26/10/2011 | Resource Retains Strategic Investor Relations Services |
| 25/10/2011 | drills 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 ... |
| 08/08/2011 | completes 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... |
| 31/08/2009 | acquires 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 |
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| Communiqués de Presse de Max Resources Corp. |
| 15/10/2015 | MAX closes final tranche of Private Placement for $$67,750 |
| 18/09/2015 | MAX arranges Private Placement for $250,000 |
| 23/03/2015 | Max Announces Effective Date For Share Consolidation |
| 23/03/2015 | MAX to voluntarily terminate its share registration in U.S. |
| 23/03/2015 | MAX Completes Share Consolidation |
| 13/03/2015 | MAX to Voluntarily Terminate Its Share Registration in U.S. |
| 24/02/2015 | MAX Completes Share Consolidation |
| 23/02/2015 | MAX Announces Effective Date for Share Consolidation |
| 14/11/2014 | MAX Relinquishes Majuba Hill Project |
| 04/11/2014 | MAX Reports on Assays From East Manhattan Wash Gold Project,... |
| 12/09/2014 | MAX Receives Assay Results From Drilling at East Manhattan W... |
| 21/07/2014 | MAX Commences Drilling at East Manhattan Wash Gold Project, ... |
| 25/06/2014 | MAX Drills 222.6 m @ 0.27% Cu and 10.1 g/t Ag, Inclusive of ... |
| 12/06/2014 | MAX Receives Drill Permit for East Manhattan Wash Gold Proje... |
| 20/05/2014 | MAX Commences Drilling at Majuba Hill Copper/Silver Project ... |
| 15/03/2012 | drills 293 m of silver, gold and copper at Majuba Hill, Neva... |
| 05/10/2011 | Clancy 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... |
| 15/10/2009 | Crowsnest Gold New Trench Assay's and Drilling Completed |
| 31/08/2009 | Acquires Gold Property in Nevada |
| 16/06/2008 | engages Gateway Securities for corporate finance services |
| 09/06/2008 | OPTIONS TWO PROPERTIES IN BRITISH COLUMBIA |
| 04/12/2007 | acquires Gold/Silver Property in Manhattan Mining District,... |
| 22/10/2007 | Completes Airborne Survey, MacInnes Lake Uranium Project, NW... |
| 18/10/2007 | Reports 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... |
| 10/09/2007 | Acquires Ravin Molybdenum-Tungsten Project, Nevada, USA |
| 05/06/2007 | Raises $8.45 Million for Uranium & Molybdenum Projects in US... |
| 20/04/2007 | to Raise $7,100,000 |
| 10/04/2007 | Acquires Nustar Uranium Project, Arizona |
| 08/03/2007 | Receives Drill Permit for C De Baca Uranium Project in Mexi... |
| Publication de commentaires terminée |
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