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MXR OTC BB:
Feb. 22, 2012 /PRNewswire/ - MAX Resource Corp.
(TSX.V: MXR; OTCBB: MXROF; Frankfurt: M1D) is pleased to announce the appointment of
Ian Smith, B.E. (Mining) Hons, F.AusIMM, CP Mgmt, as a director of the Company.
Mr. Smith graduated from the
University of Queensland, Australia with a degree in mining engineering and has over 40 years of international experience in corporate development, operations, project management and consulting within the base, precious metals and coal industries. Mr. Smith is the President and Chief Executive Officer of Yellowhead Mining Inc. (TSX.V: YMI) which is in the process of preparing a detailed Feasibility Study on the Harper Creek copper-gold-silver project in south central B.C., potentially one of the largest copper development projects in
Mr. Smith is a director of several public companies, and is President and CEO of Santa Fe Metals Corp. He was recently President and CEO of bcMetals Corp., which had engineered the Red Chris copper/gold porphyry project for development in northwest BC prior to being acquired by Imperial Metals Corp. His involvement with large scale open pit copper operations at a senior management level includes Bougainville Copper in
Papua New Quinea,
La Caridad in
Mexico and the Zambian Copperbelt. Mr. Smith was President and a founding partner of one of
North America's most successful mining industry consulting companies until it was purchased by Canadian interests in 1995.
Clancy Wendt, VP Exploration of MAX, states "I have had the opportunity to work with Ian on a number of projects in the past and am very pleased to have him bring his expertise to MAX, where the recent discovery of high-grade copper and silver mineralization during drilling in 2011 at our Majuba Hill project in
Nevada serves to confirm our theory that Majuba Hill is an extensive copper/silver/gold porphyry system that is highly prospective for the development of a bulk-tonnage open pit deposit."
In conjunction with this appointment MAX has agreed, subject to regulatory approval, to grant incentive stock options to directors and officers on up to 675,000 common shares at an exercise price of
$0.25 per share for a period of three years.
About MAX Resource Corp.
MAX Resource Corp. is a Canadian exploration company focused on gold and silver exploration in
Nevada. For more information, please visit our web site at
On behalf of the Board of Directors of
MAX Resource Corp.