Max Resource Corp. is pleased to announce that, further to its news releases of May 16, June 17 and August 6, 2024, it has entered into a definitive mineral right purchase agreement with its wholly-owned Brazilian subsidiary, Max Resource Brazil Ltda. , Jaguar Mining Inc. and Jaguar's wholly-owned Brazilian subsidiary, Mineração Serras Do Oeste Limitada , to acquire a 100% interest in Mineral Right n° 832.022/2018, which [...]
Florália Max Resource Corp. has secured a 30-day extension on the option to purchase of 100% of the Florália DSO Iron Ore Property located 120-km east of the city Belo Horizonte, State of Minas Gerais, Brazil . On June 5, 2024, the Company received conditional approval from the TSX Venture Exchange for the Transaction. Final acceptance of the Transaction is conditional upon satisfying the filing requirements outlined in [...]
Max Resource Corp. is pleased to announce the 2024 exploration program for its Sierra Azul Copper-Silver Project , located in northeastern Colombia. The program, with an approved expenditure of USD $4.2 million, will be funded by Freeport-McMoRan Exploration Corporation , as per an earn-in agreement announced on May 13th, 2024. 2024 Exploration Program and Budget The US$4.2 million exploration program is underway. There [...]
Max Resource Corp. reports further to its news release of May 16, 2024, the Company hereby provides an update on the purchase of 100% of the Florália Hematite Iron Ore Property located 120-km east of the city Belo Horizonte, State of Minas Gerais, Brazil . On June 5, 2024, the Company received conditional approval from the TSX Venture Exchange for the Transaction. Final acceptance of the Transaction is conditional upon [...]
Max Resource Corp. is pleased to report the receipt of TSX Venture Exchange acceptance for its previously announced earn-in transaction with Freeport-McMoRan Exploration Corporation , a wholly owned-affiliate of Freeport-McMoRan Inc. relating to its Cesar Project in Colombia. The earn-in agreement with Freeport is effective as at May 29, 2024 . "Max is pleased to announce exchange acceptance for our earn in transaction [...]
Max Resource Corp. is pleased to announce the completion of diligence in regard to a conditional Letter of Intent with Jaguar Mining Inc. , signed on April 12, 2024. The LOI outlines the terms of purchasing 100% of the Florália hematite iron ore property located 120-km east of the city of Belo Horizonte in the State of Minas Gerais, Brazil . The Property is located within 20-km of major, iron ore mines and steel mills [...]
Max Resource Corp. is pleased to announce it has entered into an Earn-In Agreement with Freeport-McMoRan Exploration Corporation , a wholly owned-affiliate of Freeport-McMoRan Inc. relating to Max's wholly-owned Cesar Copper-Silver Project in Northwestern Colombia . Under the terms of the EIA, Freeport has been granted a two-stage option to acquire up to an 80% ownership interest in the Cesar Project by funding cumulative [...]
Max Resource Corp. is pleased to announce it has received high-grade assay results from rock chip channel sampling collected at the AM-14 target in the AM District of its wholly-owned Cesar Copper-Silver Project in Northeast Colombia . Highlights The assays at AM-14 confirm copper-silver stratiform mineralization at Cesar is extensive and demonstrate significant thickness: Results include 2.2% copper & 12.8 g/t silver [...]
Property-Wide Airborne Geophysical Survey Completed Max Resource Corp. is pleased to report that two additional mineralized outcrops have been discovered at target AM-14, located on the Company's Mining Concession within the AM District of its wholly-owned Cesar Copper-Silver Project, Northeastern Colombia. In addition, the Company has received the final data from the 10,000 line-km property-wide airborne magnetic and [...]
Max Resource Corp. is pleased to report that it has discovered a series of five mineralized outcrops on a Mining Concession, within the AM District of its wholly-owned Cesar Copper-Silver Project, Northeastern Colombia. Highlights 5 newly discovered outcrops of stratiform copper-silver mineralization covering 1,000m2. Mineralized layers are exposed up to 285m along strike and range in thickness from 0.8m to 4.0m. Confirms [...]
Max Resource Corp. is pleased to report high-grade assay results from continuous rock chip channel sampling collected at the recently discovered AM-08 target, located in the AM District of its wholly-owned Cesar Copper-Silver Project, in Northeastern Colombia . AM-08 Highlights Continuous chip channel sampling across the width of the structurally controlled mineralization at the primary outcrop has returned values of [...]
Max Resource Corp. is pleased to report that it has secured twelve additional applications for mining concessions covering over 132 square kilometres. The Companies wholly owned Cesar Copper Project in northeastern Colombia now spans over 120-km along strike in NNE/SSW direction . In addition, Max has acquired the underlying royalties associated with 19 mining concessions and 31 mining concession applications of the Cesar [...]