Base Metals
Max Resource Completes First Eight Drill Holes At Cesar Copper-Silver Project
Drilling is well underway at the Cesar Copper-Silver project in northeastern Colombia, owned by Max Resource (TSXV: MAX). The firm
The post Max Resource…
Drilling is well underway at the Cesar Copper-Silver project in northeastern Colombia, owned by Max Resource (TSXV: MAX). The firm this morning provided an update on the program following the mobilization announcement in late September.
To date, a total of eight holes have been drilled from four separate drill pads. Holes have been drilled to depths ranging from 53 metres to 382 metres, with a total of 1,421 metres in aggregate. Drilling to date has been conducted at the URU-C zone with chalcocite and malachite said to be observed in the core.
READ: Max Resource Begins Mobilization For 2,000 Metre Drill Program
Drilling is now set to move to the URU-CE zone, which is found 750 metres to the east. Drilling is expected to continue through to mid-December.
“Max’s focus for this initial drill program is to identify the URU-C and URU-CE structurally controlled copper-silver mineralization at depth. We will then follow-up on multiple stratiform copper-silver targets more typically found in the Cesar basin,” commented CEO Brett Matich.
“Max maintains a robust treasury and plans to continue drilling through much of 2023 as the Company works toward significant copper discoveries which are in high demand with the world’s projected copper shortfall.”
Assays from the first eight drill holes conducted at the property are expected to be received in early December.
Max Resource Corp last traded at $0.305 on the TSX Venture.
FULL DISCLOSURE: Max Resource Corp is a client of Canacom Group, the parent company of The Deep Dive. The author has been compensated to cover Max Resource Corp on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. We may buy or sell securities in the company at any time. Always do additional research and consult a professional before purchasing a security.
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