Max Resource Corp. (TSXV: MAX)

Max Resource Reports New High-Grade Copper-Silver Discovery at URU, Channel Sample Assays 16.8m @ 8.3% copper + 146 g/t silver and 7.0m @ 8.5% copper + 143 g/t silver, both true width and open-ended

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"These first pass results over +290m of strike and +190m of vertical extent suggests this first of five structural URU targets represents a remarkable high-grade copper-silver discovery. In addition, the mineralization in the outcrop exposures appear to extend under overburden cover with open-ended grades of 11.1% and 3.7% copper in the last exposed samples with true thickness of the 7.0m channel, and similarly with 16.8m channel at 8.3% copper open-ended, with either end samples grading 4.2% and 2.7% copper." - Brett Matich, Max CEO

"As a major shareholder of Max Resource, Endeavour Silver looks forward to this endeavoring partnership with the objective of unlocking the true value of the Cesar project, which we believe may be the world’s largest undeveloped copper-silver district." - Dan Dickson, Endeavour Silver CEO

Dr. Chris Grainger presents Max Resource’s Cesar Copper Project in Colombia and RT Gold Project in Peru at the CGS2021 Conference at Medellin Colombia.

About Us

Max Resource Corp. (TSXV: MAX) is one of the true mineral explorers. First-mover, Max is advancing its wholly-owned district-scale “CESAR Copper-Silver” project in northeastern Colombia, located along the northern portion of the world’s largest producing copper belt (Andean belt). In addition, the “RT Gold” project (100% earn-in) in Peru, is high-grade with potential for two large gold deposits. Historic drilling program in 2001, returned values ranging 3.1 to 118.1 g/t gold over core lengths ranging from 2.2 to 36.0m.

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CESAR Copper-Silver Project in Colombia

CESAR lies along the northern portion of the world’s largest producing copper belt (Andean belt), within a prolific mining district with world class infrastructure and the presence of global majors (Glencore and Chevron). Max is exploring a new basin-scale 90-km-long copper-silver target zone, where the 2022 exploration and drilling programs will focus on three significant discoveries, the URU, Conejo and AM:

AM

Lies on the northern portion of the CESAR 90-km-long belt
100-km² zone identified
Highlight values of 34.4% copper and 305 g/t silver
2022 exploration and drilling will target feeders underlying the AM zone

Conejo

Lies 30-km south of AM
High-grade zone discovered averaging 5% copper (2% cutoff) over 3.7-km
2022 exploration consists of ground Induced Polarization (IP) surveys to define the third dimension prior to drilling

Uru

Lies 30-km south of Conejo
15-km long zone including a recent high-grade discovery
First pass chip channels returned true widths of 7.0m @ 8.5% copper + 143 g/t silver and 16.8m @ 8.3% copper + 146 g/t silver
Max is currently extending the strike and conducting IP surveys to define drilling targets at depth

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RT Gold Property in Peru

RT Gold, consists of two contiguous mineral concessions located 760-km northwest of Lima, sits along the Condor mountain chain of northern Peru, within the Cajamarca metallogenic belt. This geological belt extends from central Peru into southern Ecuador, hosting a number of world-class gold deposits. MAX has exclusive rights to earn 100% of RT Gold.

RT Gold encompasses two distinct and significant mineralized systems:

CERRO, a high-grade bulk tonnage gold-bearing porphyry zone 2.0-km by 1.5-km and open in all directions
TABLON, a high-grade gold-bearing massive sulfide zone 1.5-km by 1.0-km, lying 3-km to the northwest

Next Steps for 2021

Assays are pending for 1,600-metres of historic diamond drill core
Conduct the first site visit in 10 years