Gold

MAX Resource Corp. (TSXV:MXR,OTCBB: MXROF,FWB:M1D) announced that it has commenced a Phase II core drilling program at its Majuba Hill copper/silver/gold project in Nevada, where recent drilling encountered long intervals of high-grade silver and copper near surface in five of eight holes, as well as significant gold intercepts.

MAX Resource Corp. (TSXV:MXR,OTCBB: MXROF,FWB:M1D) announced that it has commenced a Phase II core drilling program at its Majuba Hill copper/silver/gold project in Nevada, where recent drilling encountered long intervals of high-grade silver and copper near surface in five of eight holes, as well as significant gold intercepts.

As quoted in the press release:

  • MAX believes that Majuba Hill is a newly-defined copper/silver/gold porphyry system that is highly prospective for a bulk-tonnage, open pit deposit.
  • The first drill hole of the program (MM-17) has been collared on the “Ball Park” target area immediately to the east of our Phase I drill program completed this summer, where drill results included intercepts of 44.2 m of 71.0 g/t silver and 1.14% copper commencing within 5 feet of surface in hole MM-06. Hole MM-17 is located approximately 730 meters to the east of hole MM-06 and is the first of two holes planned to test the eastern extension of the high grade mineralized zone we’ve identified at Majuba Hill.
  • The fourth and fifth drill holes are planned to test for the extension of the mineralized zone approximately 1.4 kilometers to the northwest of hole MM-06, following up on soil assay results obtained as high as 1.53% Cu and 209 g/t Ag.

Click here to read the MAX Resource Corp. (TSXV:MXR,OTCBB:,MXROF,FWB:M1D) press release
Click here to see the MAX Resource Corp. (TSXV:MXR,OTCBB:,MXROF,FWB:M1D) profile.

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