MAX RESOURCE CORP. reported that it has been granted 15 additional Mining Concession Contracts for a total of 19 in 2021, all located along the CESAR North 90-kilometre-long copper- silver belt, within its wholly-owned CESAR project, Northeastern Colombia. Mining Concession Contracts: The 19 Concessions cover 186-km², the largest area for copper in the CESAR basin.

Collectively, the 19 Concessions extend for over 45-km of the CESAR North 90-km long belt. Additional Concessions are pending. 2022 Drill Program: LiDAR 290-km² survey to assist drill design and exploration at URU.

Delineate the 5 URU drill targets located along 15-km of strike. Conduct environmental baseline survey and drill permitting. Commence the first drill campaign targeting copper-silver deposits in the CESAR basin.

2022 Exploration: Regional exploration of the CESAR North 90-km-long copper-silver belt; Extend the CONEJO high-grade 3.7-km-long zone with an average of 4.9% copper (2% cutoff); Expand the URU 48-km² zone (currently 15-km of strike over vertical elevations of 500m); Geophysical surveys. Mining Concession Contract Process: Max has completed all the requirements, which include a detailed Social Management Plan, followed by a Public Hearing with the local community. Each Mining Concession Contract has an initial term of 30-years and extension for a further 30-years for a total duration of 60-years.