Max Resource Reports Involvement of AGH-UST, Dept. of Economic Geology, Krakow, Poland, to Study its CESAR Sediment Hosted Cu-Ag Project, NE Colombia
Max Resource Reports Involvement of AGH-UST, Dept. of Economic Geology,
Krakow, Poland, to Study its CESAR Sediment Hosted Cu-Ag Project, NE Colombia
Vancouver B.C., April 21, 2020 – MAX RESOURCE CORP. (“Max” or the “Company”) (TSX.V: MXR; OTC:
MXROF; Frankfurt: M1D2) is pleased to report the involvement of the University of Science and
Technology (“AGH-UST”), Faculty of Geology, Geophysics and Environmental Protection, Depart ment of
Economic Geology (“AGH”), Krakow, Poland in a study of the sediment-hosted copper-silver mineralization
of the CESAR project, located 420-km north of Bogota, in NE Colombia.
Max has dispatched surface rock samples extracted from the CESAR stratabound copper-silver mineralized
horizons to AGH. From these samples, AGH will conduct various mineralogical and geochemical studies.
AGH Professors and teaching staff have a long history of cooperation with KGHM Polska Miedz (“KGHM”),
the largest copper producer in Europe and the worlds largest silver producer . AGH w ill leverage their
extensive knowledge of KGHM’s world renowned Kupferschiefer sediment-hosted copper-silver deposits
in Poland, on the academic study of CESAR.
Max and AG H agreed that results from the study on CESAR may be used for public presentations and
scientific papers. In addition, discussion have commenced with respect to an AGH M.Sc. student focusing
their thesis on selected material sent from the CESAR project.
AGH-UST in Krakow, Poland has a distinguished history and a deep understanding of sediment- hosted
copper-silver deposits, due to their extensive work with Kupferschiefer, established in Poland as a world-
class producer of copper and silver since 1968 , also producing, gold, palladium, platinum and rhenium as
by-products.
“We anticipate the scientific team from the Department of Economic Geology will play a significant role in
identifying the similarities with Kupferschiefer and unlocking the ultimate potential of CESAR,” Max CEO,
Brett Matich, commented.
“Max’s CESAR project in Colombia provides for significant exposure to both copper and silver, and notably
silver has increased from a low of $11.74 per ounce in March to a high of $16.06 in April ,” Mr. Matich
concluded.
Max cautions investors that mineralization at Kupferscheifer is not necessarily indicative of similar
mineralization at CESAR.
CESAR Copper-Silver Project
Wholly-owned CESAR project in north east Colombia lies within Jurassic sediments and volcaniclastics that
extend the length of northern South America. These Jurassic rocks also host significant stratabound
copper-silver mineralization in both Ecuador and Peru. CESAR lies along a historic 120 -km copper-silver
belt within a major oil-gas and coal mining district. The region has excellent infrastructure, shipping ports,
airports, townships, railways and roadways.
Early success includes:
• The AM North discovery consisting of a 1.8km horizon open along strike, down and up dip; v alues
of 24.8% copper + 230 g/t silver over a 4m by 1m rock chip horizon and 1.8-km along strike to the
east, returned 10.4% copper + 88 g/t silver over 1m interval;
• The AM South discovery, located 40 -km SSW along the same mineralized trend, con sists of open-
ended mineralized horizons totaling over 5-km of strike, returned rock chip highlight values of 5.4%
copper and 63 g/t silver from 0.1 to 25-metre intervals.
Max’s exploration strategy is to unlock the potential of the CESAR district as a significant copper and silver
region.
EBAY Palladium Platinum Project
EBAY Palladium Project (EBAY) is located 30-km SE of Matagami in the Abitibi Region of Quebec, Canada,
is underlain by the Archean Bell River Complex, a layered mafic intrusion measuring 65-km by 15-km and
5-km thick.
Highlight exploration between 2000 to 2008 returned: 4.9 g/t palladium -platinum from a 4 to 5 -metre
wide zone; 3.0 g/t palladium + 1.4 g/t platinum + 0.12 rhodium in 2005; 2.5 g/t palladium -platinum from
a newly discovered 500m long zone in 2006; all consisting of blast pit grab sampling. The Company
cautions investors that grab samples are se lected samples and are not necessarily representative of
mineralization.
The EBAY PGE reef- type discovery was the result of drilling in 2006 successfully intersecting 1.9 g/t
palladium-platinum over 3.0m from 80.5m to 83.5m. Further drilling identified a new zone comprising
600m of strike, 120m deep, 6.7m to 31.1m wide, open in all directions, with highlight values of 2.5 g/t
palladium-platinum. Subsequent aero-magnetic survey extended the target zone to 4.8-km of strike (news
release March 25, 2020). Max is planning an exploration and drilling program.
Choco Platinum Gold Project
CHOCO Platinum Gold Project is located 120-km SW of Medellin Colombia, within a district with historical
production of 1.0Mozs of platinum and 1.5Mozs of gold (1906-1990) by Choco Pacific Mining. Compilation
of historical records revealed the potential for related PGE’s particularly palladium and rhodium. In
addition, recent field work in 2019 by Max resulted in concentrate values of 114 g/t platinum and 341 g/t
gold (news release April 16, 2019).
Source: R.J. Fletcher and Associates (2011) Review of Gold and Platinum Exploration and Production in Choco
Province Colombia Part 3. Private Report for Condo to Platinum NL.
About Max Resource Corp.
Max is a mineral exploration company with a successful management team, focused on advancing both its
copper, silver and precious metals landholdings in the rich mineral belts of Colombia, and it’s EBAY
Palladium-Platinum landholdings in Quebec, Canada. Each of these has potential for the discovery of large-
scale mineral deposits that can attract major partners.
Tim Henneberry, P Geo (British Columbia), a member of the Max Resource Advisory Board, is the Qualified
Person who has reviewed and approved the technical content of this news release on behalf of the
Company.
For more information visit: https://www.maxresource.com/
For additional information contact:
Max Resource Corp.
Tim McNulty
T: (604) 290-8100
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