Max Resource Corp. Reports high-grade assays at AM-14 Max Resource Corp. / TSXV: MAX
Reports high-grade assays at AM-14, CESAR project (Colombia) including 2.2% copper and 12.8 g/t silver over 5.2 m
FRC Opinion : Positive – Rock chip sampling at the AM-14 target, within the CESAR copper-silver project, returned high copper grades. The project is prospective for sediment-hosted deposits. Three major districts (AM, Conejo, and URU) have been identified along a 90 km long belt. Sediment-hosted deposits typically host large-tonnage/high grades and account for approximately 25% of global copper production. Management's short-term strategy involves delineating and potentially enlarging the footprint of priority targets. We note that extensive drilling needs to be completed before completing a maiden resource estimate.
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