TSX-V Symbol: MXR
OTC BB Symbol: MXROF
Frankfurt: M1D
VANCOUVER, Oct. 26 /PRNewswire/ - MAX Resource Corp.
(TSX.V: MXR; OTCBB: MXROF; Frankfurt: M1D) has received the
assays from the recently completed soil sampling program on its
100% owned Diamond Peak gold/silver/zinc project in Nevada. A
total of 375 samples were collected, with assay results as high as
5.8 g/t Ag, 4.3 g/t Ag and 3.2 g/t Ag
confirming the high silver zone in the southern part of the
property and its continuation to the east. Gold values to 90 ppb
Au were obtained that confirm many of the gold zones previously
examined and have also identified a new zone on the west side of
the northern part of the property that has not yet been drilled.
Zinc values were returned as high as 650 ppm Zn that
indicate that the mineralized system is far larger than originally
thought, extending to the east of both the gold zone in the
northern portion of the property and the silver zone in the south.
Maps of the sampling locations for gold, silver and zinc at
Diamond Peak are now available on our website at
www.maxresource.com.
Drill permits have been received and roads and
drill pads have been cleared at Diamond Peak, with drilling to
begin in early November when the drill rig becomes
available. Drilling will test the new gold targets as
well as the areas of silver and zinc mineralization identified
during this recent soil sampling program.
The Diamond Peak Property is located at the
southern end of the prolific Carlin
Trend of Nevada, which
contains numerous gold deposits. The property comprises 58
claims located 32 miles north of the town or Eureka, Nevada and the Archimedes gold deposit
owned by Barrick Gold Corporation. Strong surface
mineralization occurs in a 2 mile long band of silicified and
intensely clay altered rocks which is 200 to 300 feet wide.
This news release has been reviewed by Mr.
Clancy J. Wendt, P. Geo, a
"qualified person" as that term is defined under National
Instrument 43-101.
About MAX Resource Corp.
MAX Resource Corp. is a Canadian exploration
company with a diversified portfolio of mineral exploration
projects in the Western United States. We are currently
focused on gold, with three Nevada
gold properties, Table Top, East Manhattan Wash and Diamond Peak,
being actively explored this fall. For more information,
please visit our web site at www.maxresource.com.
On behalf of the Board of Directors of
MAX Resource Corp.
"STUART ROGERS"
Stuart Rogers
President
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.
This News Release includes certain "forward
looking statements". Without limitation, statements regarding
potential mineralization and resources, exploration results, and
future plans and objectives of the Company are forward looking
statements that involve various degrees of risk. The following are
important factors that could cause MAX's actual results to differ
materially from those expressed or implied by such forward looking
statements: changes in the world wide price of mineral commodities,
general market conditions, risks inherent in mineral exploration,
risks associated with development, construction and mining
operations, the uncertainty of future profitability and the
uncertainty of access to additional capital.
SOURCE MAX Resource Corp.
Copyright . 26 PR Newswire