Max Resource Corp V.MAX

Alternate Symbol(s): MXROF

Metals & Mining Industrial Metals & Minerals

Max Resource Corp. is a Canada-based mineral exploration company. The Company is engaged in the acquisition and exploration of mineral properties. The Company is engaged in advancing its Sierra Azul copper-silver project in Colombia. Its Sierra Azul copper-silver project is located in northeastern Colombia and lies along the northern portion of the Andean belt. The land tenure at Sierra Azul includes 188 square kilometers (km2) of mining concessions and 1,141 km2 of mineral concession applications. The Sierra Azul Copper-Silver Project comprises three districts: Uru, Conejo and AM Copper silver Zone. The Project hosts stratiform copper-silver mineralization in the southern end (URU and Conejo zones). The Company has also entered into a mineral right purchase agreement to acquire approximately 100% interest the Floralia DSO Iron Ore Project. The Floralia DSO Iron Ore property is located 120-km east of the city of Belo Horizonte in the State of Minas Gerais, Brazil.

TSXV:MAX - Post by User

Max Resource Corp

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Comment by MaxValue99on Aug 21, 2020 5:53pm

114 Views

Post# 31440438

RE:RE:RE:RE:RE:Sedimentary explorers in South America

The weekly update. Copper and Silver both up. All three stocks down. HAN and MXR show good volumes. MXR continues to trail significantly ARU and HAN from a value perspective.

August 21, 2020
Company	Symbol	Price	%chg	Shares Out	Market Cap	Mult.
Aurania Resources	ARU	4.21	-2%	42,573,812	179,235,749	15.8	X
Hannan Metals	HAN	0.5	-7%	80,664,211	40,332,106	3.6	X
Max Resource	MXR	0.205	-18%	55,292,830	11,335,030	1.0	X

Total shares traded during the week					% of Out
Aurania Resources	ARU			337,932	0.8%
Hannan Metals	HAN			1,474,758	1.8%
Max Resource	MXR			1,197,626	2.2%

News
MXR - Aug 19 Max closes $1.05 million pp (+10 million shares + 10.2 million 14c warrants)
ARU - Aug 18 Keith Barron's Straight Talk online module www.straighttalkonmining.com

Commodity	Close	Week chg
Silver	26.82	0.27	1.0%
Copper	2.96	0.1	3.4%