CESAR ATTRACTS ONE OF THE WORLD’S LEADING COPPER PRODUCERS
Max has entered a collaboration agreement with a major copper producer, contracting Fathom Geophysics to conduct technical studies on CESAR
This combines the expertise of Poland’s AGH, who have a long history of cooperation with KGHM, the largest copper producer in Europe and the world's largest silver producer
CESAR’s AM North zone extends to over 11-km with high-grade component values of 24.8% copper and 230 g/t silver
The 2020 exploration programs continue to demonstrate the potential of the CESAR district as a significant copper and silver regional basin
Max is a mineral exploration company with a successful management team focused on advancing its copper, silver and precious metals landholdings in the rich mineral belts of Colombia, and it’s EBAY Palladium landholdings in Quebec, Canada. Both have potential for the discovery of large-scale mineral deposits that can attract major partners.
CESAR is located in NE Colombia in a region with major infrastructure, lying along a 100-km sediment-hosted copper-silver belt, that resembles Kupferschiefer in Poland. In 2018 Kupferschiefer produced 30Mt of ore grading 1.49% copper and 48.6 g/t silver from a mineralized zone that averages 0.4 to 5.5-metre thickness. In addition, producing 40 million ounces of silver in 2019, almost twice the production of the world’s second largest silver mine, according to the World Silver Survey 2020.
EBAY Palladium is located 30-km SE of Matagami in the Abitibi Region of Quebec, Canada. It is underlain by the Archean Bell River Complex, a layered mafic intrusion measuring 65-km by 15-km and 5-km thick.
CHOCO is located 120-km SW of Medellin Colombia, within a historic platinum-gold mining belt.
AM NORTH consists of a broad 11-km continuous copper-silver zone which extends from the “Ventana Zone”, trending north to the “Herradura Zone”, open along-strike and down and up dip; returning high-grade component values of 24.8% copper+230 g/t silver from a continuous 4-metre by 1-metre outcrop; two subsequent bulk samples 1.8-km apart returned 10.4% copper + 88g/t silver and 3.5% copper + 29 g/t silver.
AM SOUTH zone is located 40-km SSW from the AM NORTH zone along the same mineralized trend. AM South is a continuous 3-km by 2-km copper-silver zone, open in all directions, returning highlight values of 5.4% copper and 63 g/t silver from 0.1 to 25-metre intervals.
The exploration strategy is to demonstrate the potential of the CESAR district as a significant copper and silver regional basin.
EBAY Palladium drilling intersected 1.90 g/t palladium-platinum over 3.0m from 80.5m to 83.5m and further drilling discovered a new zone with 600m of strike, 120m deep, 6.7m to 31.1m wide, open in all directions, highlight values of 2.52 g/t palladium-platinum. Subsequent aero-magnetic survey extended the target zone to 4.8-km of strike. Max is currently planning an exploration and drilling program.
CHOCO lies within a district with historical production of 1.0Mozs of platinum and 1.5Mozs of gold (1906-1990) by Choco Pacific Mining. In addition, recent field work in 2019 by Max resulted in concentrate values of 114 g/t platinum and 341 g/t gold (refer to news release April 16, 2019).
"Extending the AM North stratabound copper-silver zone to over 11-kilometres is a major step towards demonstrating the potential of the CESAR district as a significant copper and silver regional basin. Our field teams continue to make new discoveries, building on and confirming the Kupferschiefer-style geological model for CESAR."
- Brett Matich, Max Resource Corp. CEO
