Max Resource Corp MXROF

German Mining Letter

[Basketfan]

https://goldinvest.de/mining/223-max-resource-corp/4903-max-resource-fuenf-potenzielle-kupferlagestaetten-entlang-von-80-km


Quote :Summary: Max Resource's discoveries suggest that the 200-kilometer-long CESAR Basin in northeastern Colombia has many of the characteristics of a world-class copper destination.

Unlike most copper explorers these days, the focus is not on low-grade porphyry deposits at depth, but predominantly sedimentary deposits near surface.

The copper grades of this type of deposit are significantly higher than those of porphyry deposits due to their natural pre-concentration. Instead of extending to depth, these deposits extend laterally along their depositional layers.

Finally, they are former marine sediments. The recent discovery in URU now seems to prove that secondary copper mineralization of volcanic origin is present in addition to these copper shales. It will be interesting to see what else is to come. To be sure, Max is still far from a resource estimate, which perhaps explains the lack of interest in the market. But it is also clear that discoveries of this magnitude are not common.

It's about as if the entire European copper shale basin has just been rediscovered. We are keeping our fingers crossed for Max as he continues his work.

There could be something really big here. The big mining companies that are already in the country are likely to follow Max Resource's work very closely.