MAX Resource Outlook 2012 and Beyond!! New Power Point
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Majuba Hill Property, Nevada
Objectives 2012:
Permitting is underway for an extensive Phase III core drill program in the spring of 2012 to delineate a NI 43-101 resource. Extend and identify additional target areas to expand resource beyond 100 MMT.
April 2012 Drill Campaigns:
Desoto Discovery, 5000 m. drill campaign to outline 50 MMT NI 43-101 Resource.
2011 Desoto drilling and high grade soil silver and copper delineated the first target area of 750 m. by 500 m. Total mineralized target area 2 km by 1 km at Desoto.
Discovery hole (MM-18) at DeSoto intercepted 29.2 m of 30.5 g/t Ag and 0.69% Cu.
Soil geochemistry returned values as high as 1.53% Copper and 6 oz/t Silver.
Copper Stope to Ball Park Drilling in 2012 to extend mineralization where historic mining, drilling and 2011 drilling and soil programs confirmed a 1 km by .75 km silver, copper and gold mineralization.
Copper Stope 2011 Phase I drilling returned many holes with over 2 oz/t Silver equivalent on wide intersections: 96 m of 0.57% Cu, 39.2 g/t Ag and 0.10 g/t Au
(including 44.2 m of 1.14% Cu, 71 g/t Ag and 0.15 g/t Au (starting at surface).
Investment Highlights
- Max�s last two drilling campaigns at Majuba Hill have confirmed a newly defined copper/silver/gold porphyry system with potential for a large bulk tonnage open pit deposit.
- Many drill holes have returned over 2oz Ag Eq/t on wide intersections.
- Hole MM-06 returned 96 m of 39.2 g/t Ag and 0.57% Cu (2.7 Ag Eq) inclusive of 44.2 m of 71.0 g/t Ag, 0.15 g/t Au and 1.14% Cu (5,2 Ag Eq).
- In the vicinity of 3 major mines under development by major producers (Coeur d�Alene, Barrick and Allied Nevada.)
- Nevada focused.
- Experienced management with proven exploration success in Nevada.
- Well funded - $1.5 Million in working capital.
- Attractive share structure with only 24.5 million shares issued.
- Low capitalization ($5 Million) versus
- Potential for world-class bulk tonnage open pit Ag/Cu/Au deposit.
MAX Resource Corp. (TSX: MXR) is focused on a newly-defined silver/copper/gold porphyry system at Majuba Hill in Nevada that is highly prospective for a bulk-tonnage, open pit deposit.
Permitting is underway for an extensive Phase III core drill program in the spring of 2012 to delineate a NI 43-101 resource.
MAX recently completed a Phase II core drilling program and additional soil sampling in a step-out drilling program at the DeSoto discovery near the past producing Desoto silver mine at Majuba. Drilling earlier in the year encountered long intervals of high-grade silver and copper near surface as well as significant gold intercepts. Further assay results and soil geochemistry are expected by early March 2012.
Ian Smith, B.E. (Mining) Hons, F.AusIMM, CP Mgmt, has been appointed as a director of the Company for his experience in the development of large scale open pit copper mines.
For more information: www.maxresource.com
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