Vancouver - MAX RESOURCE CORP. (TSXV: MXR) (OTC Pink: MXROF) (FSE: M1D2) ('Max' or the 'Company') is pleased to report new assay results expanding the URU zone from 12-km-2 to over 48-km-2, located along the CESAR North 80km-long belt, within the wholly-owned CESAR project in NE Colombia.

URU's continuous copper-silver mineralization now spans over 48-km-2, extending along strike over 12-km and down dip over 4-km from the elevation of 1200m down to 410m, and is open along strike and down dip.

Eighteen rock samples collected over widths ranging from 1.0 to 10.0m returned values in excess of 2.0% copper. Thirty-two returned values greater than 1.0% copper. Highlight values are 14.8 % copper and 132 g/t silver.

'The URU 48-km-2 zone remains open in all directions and potentially represents a zone of major proportions when compared to the world class Kupferschiefer and the Central African Belt deposits,' commented Max CEO, Brett Matich.

'In addition, MAX is conducting on-going exploration at the other four zones within the CESAR North 80-kilometre-long-copper-silver belt of significant regional potential,' he continued.

'The world's transition to clean energy can only be accomplished with copper to build power grids, solar and wind farms, electric vehicles which typically require upwards of 180 pound of copper per vehicle. Copper's rapidly declining reserve base necessitates the need for new major discoveries of copper, positioning Max to take advantage of the copper shortfalls with the potential district size of the CESAR discoveries,' he concluded.

ABOUT MAX RESOURCE CORP.

Max Resource Corp. is a copper and precious metals exploration company, engaged in advancing both the newly discovered district-scale CESAR copper-silver project (100% owned) in Colombia and the newly acquired RT Gold project (100% earn-in) in Peru. Both projects have potential for the discovery of large-scale mineral deposits; both stratabound-type copper-silver in Colombia and high-grade gold porphyry and massive sulfide in Peru.

Max Resource was awarded a Top 10 Ranked Company in the Mining Sector on the TSX Venture 50 for 2021, achieving a market cap increase of 1,992% and a share price increase of 282% in 2020.

Contact:

Tim McNulty

Tel: (604) 290-8100

Email: info@maxresource.com

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