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Max Resource Reports Expansion of the High-Grade Copper-Silver Zones to 4.9 km in Length at the CESAR Copper-Silver Project in Colombia

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Max Resource Corp., a mineral exploration company currently advancing the development of its copper and precious metals landholdings in the rich mineral belts of Colombia, has discovered a second high-grade copper-silver zone at its 100% owned CESAR copper-silver project.

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Additional Information:

Company: Max Resource Corp
Website: http://www.MaxResource.com
Stock Symbol: TSXV: MXR
Date Published: Feb 13, 2020
Transcript: Available

Video Transcript:

I’m Nadika Viswakula for Investmentpitch Media

Max Resource Corp, a mineral exploration company currently advancing the development of its copper and precious metals landholdings in the rich mineral belts of Colombia, has discovered a second high-grade copper-silver zone at its 100% owned CESAR copper-silver project.

The new "Outcrop Zone", located 420 kilometers north of Bogata, now extends over 3 and a half kilometers in length and is located approximately 2 kilometers south of the 1.4 kilometer "AM Horizon" discovery announced in January.

The 3.5-km long "Outcrop Zone", coupled with the "AM Horizon", comprise a 4.9-km strike that is open in all directions, indicating further size potential.

Highlights of the rock chip panels from the "Outcrop Zone" include:
2.0% copper and 49 g/t silver over 3m x 2m
2.4% copper and 11 g/t silver over 3m x 3m
1.9% copper and 20 g/t silver over 3m x 3m
1.8% copper and 5 g/t silver 3m x 2m
4.3% copper and 26 g/t silver over 3m x 3m
1.7% copper and 20 g/t silver 3m x 2m
1.8% copper and 12 g/t silver over 3m x 3m, and
1.5% copper and 9 g/t silver over 3m x 2m

The company considers rock chip sampling to be representative across their reported widths but cautions investors that grab samples are selected samples and are not necessarily representative of mineralization hosted on the property.
The remaining "Outcrop Zone "assays are expected soon.

Additionally, composite grab sampling has returned a preliminary 25-metre thick interval grading 0.7% copper and 4 g/t silver and 25-metre thick interval grading 0.6% copper and 7 g/t silver.

These thicker intersections include a significant portion of the hanging wall and footwall of the copper silver horizon.

Continuous rock chip sampling of the horizon is expected soon.

Brett Matich, President & CEO, stated: "We are very excited to see such thick interval of copper-silver values. There were few visible signs of copper in the two 25-metre horizons, suggesting further size potential. Following completion of the exploration program in the 'Outcrop Zone' area, the team is investigating a new target zone, 35-km north on trend. Our objective is to demonstrate the regional scale of the CESAR stratabound mineralization."

CESAR is in a region with significant infrastructure, major oil, gas and coal operations, shipping ports, railway, townships and roadways.

The company’s other projects in Colombia are the Choco PGE Project and the North Choco Gold-Copper Project, both located south-west of Medellin.

At the 200 square kilometer Choco PGE Project, the company previously reported a sample with 341 grams per tonne gold and 111 grams per tonne platinum, with a second sample grading 222 grams per tonne gold and 114 grams per tonne platinum.

The company is currently in discussions with interested parties that are investigating the platinum and palladium potential of the project.

At the 150 square kilometer North Choco project, the company previously reported 1 meter of 49.8 grams per tonne gold and 4.3% copper, which continues under cover in both directions.

Future work would focus on mapping and sampling along strike to extend the zone and on locating additional parallel zones.

The shares are trading at $0.10.

For more information, please visit the company’s website, www.MaxResource.com, contact Tim McNulty, Corporate Communications, at 604-290-8100 or by email at tim@MaxResource.com

I’m Nadika Viswakula for Investmentpitch Media