Max Resources is another junior which is trying to pick up its head out of summer doldrums. Some bids are coming in last couple of weeks.
MAX Resource Corp. - "Focused on Silver, Copper & Gold in Nevada"
(TSX.V: MXR; OTCBB: MXROF; Frankfurt: M1D)
MAX Resource Corp. is permitted for a 5,000 m Phase III core drilling program designed to outline an initial NI 43-101 compliant resource estimate by the end of 2012 on the high-grade silver/copper/gold Majuba Hill property in Nevada.
• Low capitalization - only 24.5 million shares issued.
• Fully funded - $1 Million in cash.
• Experienced management with proven success.
• Extensive drill program at Majuba Hill planned for 2012.
During Phase I drilling in 2011, MAX intercepted high grade copper/silver oxide mineralization near surface over long intervals at the past producing Majuba Hill mine. Highlights included:
- 96 meters of 39.2 g/t Ag, 0.57% Cu and 0.10 g/t Au in hole MM-06
- 50.3 meters of 50.8 g/t Ag, 0.31% Cu and 0.31 g/t Au in MM-07
- 42.7 meters of 37.5 g/t Ag and 0.38% Cu in hole MM-03
Contact: Leonard MacMillan, Corporate Communication
Telephone: 866 331 5088 or 604 637 2140
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"We would like to share with you today the best Charts and articles, which has caught our attention recently - it is the case when the good picture is better than thousand words - some of them are screaming about the best Entry Opportunity in years we are following these markets."
MAX drills 293 m of 5.49 g/t silver, 0.10 g/t gold and 0.09% copper in porphyry-style alteration zone with significant sulfides at Majuba Hill, Nevada
"MAX Resources continues to build on its discovery at Majuba Hill in Nevada:
"This hole was drilled 100 meters southeast of MAX's Phase I drilling, to test underneath the high grade supergene zone where MAX reported five holes intersecting high grade copper and silver oxide mineralization that included 96 m of 39.2 g Ag and 0.57% Cu starting at surface. Hole MM-20 was drilled due north at a -44 degree angle to a depth of 323.9 m"MAX Resource drills 44.2 m of 71.0 g/t Silver and 1.14% Copper at Majuba Hill, Nevada
"Company is moving forward with its exploration program and lining up the promotion in the market place now. With the "end of the world" - this time coming out of Europe - postponed today, Juniors will have another chance to shine with its Gold and Silver assets. Max Resources has delivered a very impressive Copper and Silver intersection from its latest drill results."
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