Expands Choco Gold-Platinum Project Area
MAX RESOURCE CORP. (the “Company” or “Max”) (TSX.V: MXR; OTC: MXROF; Frankfurt: M1D1) reported that it has successfully submitted twenty-one mineral applications, expanding the Company’s Choco Gold-Platinum Project area to 2,140 sq. km.
- This additional 383 sq. km area falls within the 1,000 sq. km area where the Longwave Infrared (LWIR) geophysical survey anomalies appeared to have a strong correlation with the gold bearing conglomerates, these applications were submitted, as recent field work has been confirming this correlation;
- The additional area also covers potential extensions of the 100 sq. km historic Big Flat mineralization.
(Source: R.J. Fletcher & Assoc. (2011), Review of Gold & Platinum Exploration & Production in Choco Province Colombia Part 3. Private Report for Condoto Platinum Limited).
Max CEO, Brett Matich, commented: “Our on-going exploration success continues to extend the limits of the gold bearing conglomerates, necessitating the expansion of the property package.” He continued, “The recorded Choco Pacific historic production from Rio Cajon and Rio Sipi appears to support the continuation of the conglomerates through to this area.”
About Max Resource Corp.
Max is a mineral exploration company focused on the development and acquisition of prospective projects in the rich mineral belts of Colombia. The Company has established significant exploration infrastructure and local community support for the Choco Gold-Platinum Project, covering an area of 2,140 sq. km, located 100 km south of Medellin, over or adjacent to historic production of 1.5Mozs gold and 1.0Mozs platinum. The Company’s Gachala Copper Project, is located 60 km east of Bogota. The Company is led by a seasoned management team with a track record of significant discovery and exploration success.