- Max Resources (TSXV:MXR) has released the latest assays from grab and rock chip sampling at its Cesar project in Colombia
- The assays, taken from the AM South zone on the project, were testing the AM South mineralized horizon.
- Results included 2.1 per cent copper and 30 grams per tonne silver over eight metres
- Other notable results included a 4.7 per cent copper and 34 grams per tonne silver grab sample
- Max Resources (MXR) is in the grey and is trading at C$0.13 per share
Max Resources (TSXV:MXR) has released the latest round of assays from its AM South property on the Cesar project in Colombia.
The company conducted grab sampling work within the AM South zone, which showed one mineralised horizon named AM-1 extends for 2.4 kilometres across the property.
The rock chip sampling work on this horizon included 2.1 per cent copper and 30 grams per tonne silver over eight metres by one metre.
Other results included 2.1 per cent copper and 30 grams per tonne silver over two metres from a composite grab sample, and a 4.7 per cent copper and 34 grams per tonne silver result.
The company has stated it believes the composite grab sampling is representative of the mineralization on the site, but that grab sampling can be selective and may not necessarily represent the true value of mineralization present.
The next step for Max is a field work program to test the continuity and the lateral extent of several mineralised horizons with AM south, that currently covers an area of four kilometres by three kilometres squared.
The company has determined that AM south is a Kupferschiefer type of mineralization.
Brett Matich, the CEO of Max Resources said the results from AM South continue to exceed our expectations.
“Both the AM South zone and the AM North zone occur on the same 40 kilometre long mineralised trend.
“We eagerly await additional assay results due for both, Am South and AM North.
“Our in-country technical team, expertly directed by our senior exploration management, continues to make discoveries, that both, further solidify our Kuperschiefer geological model and significantly expand the mineralization footprint,” he said.
Max Resources (MXR) is in the grey and is trading at C$0.13 per share at 1:00 pm EDT.