Project Overview

The wholly owned CESAR Project is located in north east Colombia within Jurassic sediments and volcaniclastics that extend the length of northern South America, also hosting significant stratabound copper + silver mineralization also in both Ecuador and Peru.

CESAR lies along a historic 120-km copper-belt within an oil-gas and coal mining district. The region has extensive infrastructure, major oil-gas and coal operations, ports, townships, railways and roadways.

Considering the first pass exploration at CESAR commenced in mid-November 2019, the Company has enjoyed much success. Max’s exploration strategy is to unlock the potential of the CESAR district as an up and coming world class copper and silver producing region.

Geological Similarities

Cesar is very similar to KGHM’s Kupferschiefer, the world’s most known type of sedimentary stratabound system sprawling across the southern Permian basin of Poland. KGHM is the eighth largest copper producer and the largest silver producer in the world.

The schematic above is of KGHM’s Kupferschiefer in Poland. According to the US Geological Survey, Kupferschiefer averages thickness of 2m, and extends down dip and laterally on strike for many kilometers.

Phase I Program Results

Considering the first pass exploration at CESAR commenced in mid-November 2019, the Company has enjoyed much success. Max’s exploration strategy is to unlock the potential of the CESAR district as an up and coming world class copper and silver producing region.

The CESAR style of mineralization appears to be similar to a large sub-horizontal sheet, with the edges partly exposed at surface (refer Figure 1). Prior to drilling and because of the extensive surface exposure, Max is using rock chip sampling to identify structures, continuity of thickness, and length of strike to determine potential size (refer to 3D Section Below)

• High-grade stratabound copper + silver mineralization at AM South and AM North are hosted in a well bedded sandstone-siltstone similar to Kupferschiefer in Poland;
• AM North is located 35-km north of the AM South on the same mineralized trend;
• AM North Discovery AMN-1 grades 10.4% Copper + 88 g/t Silver 1.8-km open-ended
• AM North Discovery AMN-2 grades 24.8% Copper + 230 g/t Silver open-ended
• AM South Discovery grades 5.4% Copper + 63g/t Silver 5-km open-ended
• Phase II Program is in full swing