MAX drills 19.03 g/t gold over 6.1 meters at Crowsnest; includes 50.26 g/t
gold over 1.5 meters
TSX-V Symbol: MXR OTC BB Symbol: MXROF Frankfurt: M1D
A total of 26 reverse circulation drill holes totaling 799 meters were completed and two new trenches were dug, sampled and drilled to the west of the original Discovery Trench area (where MAX sampled gossan mineralization in June that returned an assay of 104 g/t Au) extending the known mineralized zone by 100 meters. Significant gold assays (over 2 g/t Au) returned from the drill program are listed below:
------------------------------------------------------------------------- Hole Angle From (m) To (m) Width (m) Gold g/t ------------------------------------------------------------------------- RC 09-2 -60 degrees 0 3.0 3.0 3.52 ------------------------------------------------------------------------- Including 0 1.5 1.5 6.67 ------------------------------------------------------------------------- RC 09-5 vertical 0 3.0 3.0 3.55 ------------------------------------------------------------------------- Including 1.5 3.0 1.5 6.40 ------------------------------------------------------------------------- RC 09-6 -60 degrees 0 6.5 6.5 6.34 ------------------------------------------------------------------------- Including 1.5 3.0 1.5 16.52 ------------------------------------------------------------------------- RC 09-7 vertical 0 6.1 6.1 19.03 ------------------------------------------------------------------------- Including 0 1.5 1.5 50.26 ------------------------------------------------------------------------- Including 1.5 3.0 1.5 23.60 ------------------------------------------------------------------------- RC 09-9 vertical 0 1.5 1.5 2.49 ------------------------------------------------------------------------- RC 09-14 vertical 0 1.5 1.5 2.07 ------------------------------------------------------------------------- RC 09-16 vertical 0 3.0 3.0 5.42 ------------------------------------------------------------------------- Including 0 1.5 1.5 6.65 ------------------------------------------------------------------------- RC 09-21 -60 degrees 16.8 18.3 1.5 3.42 ------------------------------------------------------------------------- RC 09-25 vertical 0 3.0 3.0 2.51 ------------------------------------------------------------------------- Including 1.5 3.0 1.5 3.14 -------------------------------------------------------------------------
A further six drill holes returned values ranging from 0.5 g/t to 1.86 g/t Au over minimum 1.5 meter intervals. In addition, drill hole RC 09-21 (listed above) intersected a deeper zone grading 3.42 g/t Au further to the south that might indicate a new area for exploration.
Analysis was performed by Acme Analytical Laboratories, an ISO certified facility in
The Crowsnest gold project consists of 15 claims totaling 3,142 hectares located in Southeast B.C., one and one half hours by gravel road south of the town of Fernie. Crowsnest is one of two gold exploration properties in B.C. optioned from Eastfield Resources, as announced in our news release of
This news release has been reviewed by Clancy J. Wendt, P. Geo, a qualified person as that term is defined under National Instrument 43-101.
About MAX Resource Corp. ------------------------
MAX Resource Corp. is a Canadian based exploration company with a diversified portfolio of mineral exploration projects in
On behalf of the Board of Directors of MAX Resource Corp. "STUART ROGERS" Stuart Rogers President
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This News Release includes certain "forward looking statements". Without limitation, statements regarding potential mineralization and resources, exploration results, and future plans and objectives of the Company are forward looking statements that involve various degrees of risk. The following are important factors that could cause MAX's actual results to differ materially from those expressed or implied by such forward looking statements: changes in the world wide price of mineral commodities, general market conditions, risks inherent in mineral exploration, risks associated with development, construction and mining operations, the uncertainty of future profitability and the uncertainty of access to additional capital.
For further information: Leonard MacMillan, Corporate Communication, Telephone: (866) 331-5088, or (604) 637-2140, [email protected], www.maxresource.com
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