Max Resource Has Copper, Silver, and a Palladium Platinum Play Coming Soon

Max Resource Corp.’s (TSXV:MXR) PGE assets will likely be placed into another TSX Venture listed company

SmallCapPower | March 2, 2020: Max Resource Corp. (TSXV:MXR) is a publicly-traded junior exploration company focused on Colombia’s last mining frontier with its 100% owned CESAR Copper-Silver Project and its wholly-owned subsidiary asset PGE Americas Metals. With an experienced management team, and less than 30 million shares on issue, the Company has made two important discoveries in Colombia.

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The CESAR copper-silver project is located 420 km north of Bogota along a historic 120 km long copper belt within an oil-gas and coal mining district in northeast Colombia. There is established infrastructure, railway, shipping ports, townships, roadways and more. Max’s exploration strategy is to unlock the potential of the CESAR district as the world’s next up-and-coming copper and silver producing region.

Early exploration suggests a large-scale, sediment-hosted copper-silver with similar attributes and structure to KGHM’s massive Kupferschiefer in Poland. KGHM is the world’s 8th largest copper producer and the world’s largest silver producer.

Phase I exploration on the CESAR discovered the “AM South” grading up to 4.4% copper and 49 g/t silver with approximately 4.9-km strike that is open in all directions, over an area of 15 sq. km.

The Max Resource in-country team believes the CESAR stratabound copper-silver mineralization is continuous, but only exposed through the soil cover. Parallel zones have also been identified. The Phase I program has also identified the “AM North,” which appears to be a high-grade mineralized structure on trend, 35 km north. Initial results announced February 27, 2020 included 10.4% copper + 88 g/t silver from a one-metre continuous rock chip sample and more assays are pending. Phase II exploration has now commenced.

Project peer comparisons include Aurania Resources Ltd. (TSXV:ARU) and its Cutucu copper project in Ecuador and Hannan Metals Limited’s (TSXV:HAN) San Martin copper-silver project in Peru. Both projects are targeting Kupferschiefer-style deposits and lie on trend on the Andean belt that runs the length of the western side of South America.

As well, Max Resource subsidiary, PGE Americas Metals, owns 100% of Platinum Group Elements (PGE) mineral applications located approximately 80 km SW of Medellin, Colombia. Highlight surface concentrates graded 341 g/t gold and 111 g/t platinum and 222 g/t gold and 114 g/t platinum. PGE Choco Project is an alluvial system (pure platinum), and was formerly the largest platinum system in the world until the South African mines assumed that title post World War 1 (Choco Pacific Mining extracted one million ounces of platinum in the region from 1906 to 1990).

In what will likely turn into a big ‘bonus’ for its investors, Max Resource’s PGE assets are being planned to be placed into another TSX Venture listed company, which will be divvied up to Max Resource shareholders with Max Resource being a majority owner in the new company.

Max Resource CEO Brett Matich told SmallCapPower that he expects this will happen sometime during the next few months. Max is also looking to include at least one more palladium project to bring into this new company.

Thus, with a current market cap of less than $3 million, Max Resources offers a compelling risk/reward scenario with exposure to copper, silver, platinum and palladium.

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