MAX Resource Corp. Identifies 4KM Cobalt Anomaly -‐ Gachala Copper IN Colombia
MAX RESOURCE CORP. IDENTIFIES 4KM COBALT ANOMALY -‐ GACHALA COPPER IN COLOMBIA
Vancouver B.C., June 14, 2018 – MAX RESOURCE CORP. (“MXR” or the “Company”) (TSX.V: MXR; OTC
Pink: MXROF; Frankfurt: M1D) is please to announce it has filed two additional mineral license
applications covering a further 3,893 hectares within the Gachala sedimentary copper basin of Eastern
Colombia, approximately 60kms east of Bogata (Refer: Gachala Project Area map, page 2).
Highlights
• 4-‐km-‐long cobalt anomaly on the western side of the new license applications.
• Applications are contiguous to historic sampling which identified a 25-‐km strike length of copper
enrichment with grades ranging from 0.6% to 13% copper.
The Colombian Geological Survey has identified a 4-‐kilometre-‐long cobalt anomaly on the western side
of the two new license applications. The Company’s in country geologist is currently researching the
Colombian databases for details on the cobalt. This metal is of extreme interest to the Company as
cobalt is one of the key accessory metals for sedimentary copper deposits.
A Colombian exploration team, lead by Mr. Carlos Gaviria will commence surface survey exploration
programs next week to locate and identify bedrock copper mineralization and follow up the cobalt
anomaly to identify targets for trenching and diamond drilling throughout the 7 license applications.
Further ground will be added to the Gachala land package as exploration results warrant.
MXR’s 100% owned Gachala license applications now total 13,277 hectares and cover an aggregate total
of 39-‐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.
The two new license applications are contiguous to the three of the earlier license applications
southwest 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 kilometre
“Anticlinal Montecristo”.
Brett Matich, MXR Chief Executive Officer, commented: “MXR is building its project area and continues
to identify sedimentary copper/cobalt hosted mineralization within the Gachala region.”
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.