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MAX drills 13.7 m of 30 g/t (0.96 oz/t) Ag and 0.47% Cu in fourth hole at Majuba Hill & additional assay results pending

Written by Investing News Network
|
Oct. 12, 2011 08:12AM PST

Max Resource Corp. (TSXV:MXR,OTCBB:MXROF) has received the results from the fourth hole of an eight hole (1,112 metre) drill program recently completed at its Majuba Hill copper/silver project, Nevada.

Max Resource Corp. (TSXV:MXR,OTCBB:MXROF) has received the results from the fourth hole of an eight hole (1,112 metre) drill program recently completed at its Majuba Hill copper/silver project, Nevada.

As quoted in the press release:

This fourth hole, MM-05, intercepted 13.7 meters of 30.0 g/t (0.96 oz/t) Ag and 0.47% Cu within a longer interval of 89.3 m of 16.5 g/t (0.53 oz/t) Ag and 0.28% Cu.Assay results are pending from the remaining four holes.

Hole MM-05 was the second of five core holes drilled to test results reported by Minterra Resource Corp. from a reverse-circulation drill program conducted in 2007.   This hole was drilled to a depth of 89.3 meters at the same location as Minterra’s drill hole MH-05 and confirmed similar values for both copper and silver as those reported by Minterra.  Our first drill hole testing Minterra’s results, MM-03, (see our news release of September 27, 2011) intercepted 42.7 m of 37.5 g/t (1.21 oz/t) Ag and 0.38% Cu, inclusive of 10.7 m of 90.2 g/t (2.90 oz/t) Ag and 0.93% Cu.  Hole MM-03 confirmed higher results for both copper and silver than previously reported, with some silver results almost double those reported by Minterra, due to the improved sample recovery provided by core drilling.

Click here to read the Max Resource (TSXV:MXR,OTCBB:MXROF) press release.

Click here to view the Max Resource (TSXV:MXR,OTCBB:MXROF) profile.

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