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.View MAX Investor Presentation
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-kilometre-long copper-silver target zone, where the 2022 exploration and drilling programs will focus on three significant discoveries, the Uru, Conejo and AM:
Newly discovered in 2021 the Mining Concessions cover 70 km2. The Uru zone lies along a major structural corridor that connects the upper sediment-dominated part of the Cesar basin to the lower volcano-sedimentary portions. These mineralized structures consist of faults and breccias that lie just below the sedimentary basin within a metavolcanic unit, that have been identified over 15 kilometres in length, 10 metre widths, highlights of 14.8% copper and 132 g/t silver and vertical elevations of 1,200 down to 410 metres.
2022 programs underway:
“The objective of our maiden drill program is to test the scale continuity of strong copper mineralization at depth of several drill targets located on the URU mining concessions covering 70 km2. The Cesar basin’s last major discovery was the Cerrejón coal mine some 30-years ago, however previous exploration has not targeted large copper deposits within this highly mineralized sedimentary basin. Cerrejón, operated by Glencore, is situated 70-km northeast of Uru, and is the largest coal mine in South America and the reason for much of the critical mining infrastructure”- Brett Matich, Max CEO
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: