Initial results from AMN-1returned 10.4% copper + 88 g/t silver from a 1-metre continuous rock chip sample. Assays are pending for AMN-2, a second discovery located 1.8-km westerly of AMN-1. Both zones dip 20 degrees NW, on the CESAR copper + silver project, approximately 420-km north of
The CESAR style of mineralization appears to be similar to a large sub-horizontal sheet, with the edges partly exposed. 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, prior to drilling. The two discoveries; AM North, which is located 35-km north of AM South share the same mineralized trend, furthermore the stratabound copper + silver mineralization at AM North and AM South are hosted in a well bedded sandstone-siltstone similar to Kupferschiefer in
'The high-grade AM North discovery supports our model of a significant, large-scale stratabound copper + silver system, stretching over 35-kilometers from AM North to AM South,' commented
The wholly owned
It 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
Max recently established 'PGE Americas Metals Corp.' as a wholly-owned subsidiary, to hold its
The PGE Choco project is located 120-km SW of
North Choco consists of wholly owned mineral applications, located approximately 80-km SW of
About
Max is a mineral exploration company with an experienced and successful management team focused on advancing the development of its copper, silver and precious metals landholdings in the rich mineral belts of Colombia, with potential for the discovery of large-scale mineral deposits that can attract major partners.
Contact:
Tel: (604) 290-8100
Except for statements of historic fact, this news release contains certain 'forward-looking information' within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as 'plan', 'expect', 'project', 'intend', 'believe', 'anticipate', 'estimate' and other similar words, or statements that certain events or conditions 'may' or 'will' occur. Forward-looking statements are based on the opinions and estimates at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking statements including, but not limited to delays or uncertainties with regulatory approvals, including that of the TSXV. There are uncertainties inherent in forward-looking information, including factors beyond the Company's control. There are no assurances that the commercialization plans for
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