News April 19, 2018
Max Resource Corp. Channel Samples 2.130% Copper Over 30 Metres
Vancouver, British Columbia--(Newsfile Corp. - April 19, 2018) - MAX RESOURCE CORP. (TSXV: MXR) (OTC Pink: MXROF) (FSE: M1D) ("MXR" or the "Company") is pleased to announce the results of a second channel sample 45 meters in length at the Cerro de Cobre mineral licenses. The Company is continuing with due diligence in relation to the acquisition of Copperbelt Minerals Corp's Gachala Copper Project, 50 kilometres east of Bogota, Colombia (the "Property"), as detailed in the February 26, 2018 news release. Highlights include:
- 10 metres averaging 3.365% copper; within
- 30 metres averaging 2.140 % copper
The orientation of the mineralization remains unknown at this time. This outcropping lies approximately 40 metres to the south of the first zone of channel sampling reported in the April 4, 2018 news release; 19 metres of 3.210% copper within 59 metres averaging 1.722% copper.
CLICK HERE FOR FULL NEWS RELEASE
"Our on-going due diligence continues to confirm the Copperbelt acquisition as a significant advancement in building a technically superior property portfolio, " Brett Matich, MXR Chief Executive Officer, stated. "The second set of channel samples 40 metres to the south of the previous set of 97 metres of channel samples potentially indicate an expansion of the bedrock mineralization at Cerro de Cobre. The LWIR confirmation assays testing previously unknown bedrock copper mineralization remain outstanding. We continue to be persistently focussed on our objective of Pioneering the World's Next Copper Frontier."
ON BEHALF OF THE BOARD OF MAX RESOURCE CORP.
�Brett Matich�
Brett Matich, CEO and President
Tim Henneberry, P. Geo (British Columbia), a member of the Max Resource Corp. Advisory Board, is the qualified person who has reviewed and approved the technical content of this news release on behalf of the Company.
Further information regarding the Company can be found on SEDAR at www.SEDAR.com, or by contacting the Company directly at (604) 365 1522.
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 statements that may be deemed as �forward-looking statements� within the meaning of applicable Canadian securities laws. All statements in this release, other than statements of historical facts, are forward-looking statements, including, without limitation, statements pertaining to completion of the Acquisition and any approvals required in connection with the Acquisition. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in the forward-looking statements include: changes in market conditions, unsuccessful exploration results, changes in the price of commodities (particularly copper), unanticipated changes in key management personnel and general social, economic or geo-political conditions. Mining exploration and development is an inherently risky business. Accordingly the actual events may differ materially from those projected in the forward-looking statements. This list is not exhaustive of the factors that may affect any of the Company�s forward-looking statements. These and other factors should be considered carefully and readers should not place undue reliance on the Company�s forward-looking statements. The Company does not undertake to update any forward�looking statement that may be from time to time by the Company or on its behalf, except in accordance with applicable securities laws. We seek safe harbor.
|