MAX Resource Corp. Acquires Copper Properties IN Colombia
MAX RESOURCE CORP. ACQUIRES COPPER PROPERTIES IN COLOMBIA
Vancouver B.C., June 6, 2018 – MAX RESOURCE CORP. (“MXR” or the “Company”) (TSX.V: MXR; OTC
Pink: MXROF; Frankfurt: M1D) is please to announce it has filed five initial mineral license applications
covering a total area of 9,384 hectares, located within the Gachala sedimentary copper basin of Eastern
Colombia, approximately 60kms east of Bogata (Refer: Gachala Project Area map, page 2).
MXR’s Gachala 100% owned license applications encompass an aggregate total of 27 line kilometres of
the 250km by 120km belt of Devonian through Cretaceous age rocks in a geological setting conducive to
hosting sedimentary copper deposits, believed to be analogous to the Zambian Copper Belt of Africa.
(Source: Rodriguez and Warden (1993). Overview of some Colombian gold deposits and their
development potential. Mineralium Deposita Volume 28, pages 47-57). The Gachala mineralization
appears to be localized at the contact between the Devonian-Permian red beds overlying Cretaceous
reducing black shales, one of the settings typical of these copper deposits.
Three of the license applications cover a 19 kilometre long continuous section of the Cano Negro area,
where historic sampling has identified a 25 kilometre strike length of copper enrichment with grades
ranging from 0.6% to 13% copper. (Source: C. Rodriguez and A.J.Warden. 1993 Overview of Some
Colombian Gold Deposits and Their Development Potential. Mineralium Deposita Volume 28, pages 47-
57.) The Cano Negro area appears to lie on the eastern limb of the 32 kil ometre “Anticlinal
Montecristo”.
The remaining two license applications cover the western limb of the “Anticlinal Montecristo” in the
area adjacent to and immediately north of the Sinai Property where Rio Tinto Mining and Exploration
Limited completed stream sediment and limited rock sampling in 1999. They took a total of 47 rock
samples with 12 returning values in excess of 1% copper, rangin g from 1.6% to 7.82%. (Source:
E.E.Vargas Ruiz, 1999. Exploracion Geoquimica Chivor Colombia Rio Tinto Mining and Exploration
Limited.) MXR cautions investors that mineralization on the Sinai Property is not necessarily indicative of
similar mineralization on the MXR license applications. MXR’s Gachala license application areas were
visited by MXR Geologist R. Tim Henneberry, P.Geo. and Colombian Geologist Carlos Gaviria at the end
of May during an initial reconnaissance. A Colombian exploration team under Mr. Gaviria will commence
surface survey exploration programs mid-June to confirm the 1993 and 1999 sampling results and locate
and identify bedrock copper mineralization for following up trenching and diamond drilling.
Brett Matich, MXR Chief Executive Officer, commented: “I am excited with our early success in
developing MXR’s strategy of identifying sedimentary copper hosted mineralization within the Gachala
region. We believe the underexplored Gachala region has the potential to become the world’s next
copper frontier.”
About Max Resource Corp.
Max Resource Corp., a Canadian-based exploration company, is focussed on identifying advanced
exploration projects which are located within the under-explored northern section of the richly
endowed Andean Copper Belt of Colombia. The Company is currently reviewing a number of exploration
opportunities in Colombia, both in base and precious metals.
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.