OTC BB Symbol:
Aug. 8, 2011
/PRNewswire/ - MAX Resource Corp.
(TSX.V: MXR) (OTCBB: MXROF) ( Frankfurt: M1D)
has completed an extensive soil sampling program across a surface area in excess of 5,000 x 2,500 meters (m) at its Majuba Hill copper/gold/silver project in
, Nevada. A total of 834 soil samples were taken. As a result of this exploration activity, additional targets have been identified and the seven hole drill program at Majuba Hill was expanded to include an additional hole on one of these new exploration targets. A total of 1,112 meters of core drilling was completed at Majuba Hill; assay results from both programs are pending.
The results of this soil sampling will assist in identifying high priority drill targets for further drilling planned for late fall at three new untested target areas at Majuba Hill that could significantly expand the mineralized zone. Along the northwest side of the Majuba Hill property, extensive sampling was undertaken to follow up on silver (Ag) values up to 980 g/t Ag, as well as 2% Copper (Cu), reported by Minterra Resource Corp. in 2008. In the southern portion of the property area, sampling followed up on values of up to 792 g/t Ag reported near the site of the Last Chance Silver Mine. The Last Chance Silver Mine is a past producing mine, where production of 40 opt silver was reported in the early 1900's. In addition, sampling was undertaken on the newly identified "Ball Park" target area one km east of the Copper Stope target area (where drilling was just completed), following up on previously reported sample values of 106 g/t Ag and 3.6% Cu.