The North Choco is located 47 km SW AngloGold's Nuevo Chaquiro deposit which contains 4Mt of copper and 6Moz of gold and is contiguous to properties held by AngloGold Ashanti (NYSE: AU) and Continental Gold (TSX: CNL). The Property encompasses 15 historic rich gold mines and four significant gold zones that are collectively spread over an area of 80 sq. km. Max consultants are currently reviewing data from a recent cloud-stitched Longwave InfraRed (LWIR) survey, which covered the four anomalous gold zones.
Sample results include 155g/t gold, 2.8% copper and 551pmm cobalt over 0.4m. The Company also discovered an area of mineralized granodiorite assay results including 80.44 g/t gold, 1.82% copper and 264ppm cobalt over 0.3m. Further assay results identified a significant newly discovered 37.5 sq. km of anomalous copper which is open in all directions and further assays are pending.Continue Reading
Choco is located adjacent to and SW of North Choco Gold-Copper and covers or is adjacent to historic production of 1.5Mozs gold and 1.0Mozs platinum (1906 – 1990). Free gold was observed from hard-rock conglomerates which has confirmed the model that originally the entire system was essentially in-situ, the higher grades are interpreted to lie above the hard-rock base approximately 10 to 20m from surface. Surface concentrate highlights include 340g/t gold and 113g/t platinum. Currently test work continues on accessing the fine gold within the hard-rock. Mapping and sampling of the newly discovered hard-rock exposures that underlie the extensive areas of historic production is now underway.Continue Reading
Sedimentary hosted copper mineralization are known to be large scale, flat lying, near surface and expansive in Africa, Poland and Colombia. The Gachala Project - "underlies 250km by 120km belt of Devonian Cretaceous rocks in geological setting conductive to sedimentary deposits, its believed to be analogous to the Zambia Copper Belt of Africa"
Max Resource Corp ("MXR") is a Canadian-based exploration company solely focused on exploitation of mineral assets in Colombia. The Company has established exploration infrastructure and local community support.
Max management has significant successes including Max’s CEO Mr. Matich, who identified & developed an iron ore deposit. This ASX company went from a $1M market capitalization through to a $300M merger.Corporate Presentation Fact Sheet