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Exploring High-Grade Uranium, Gold and Base Metal Opportunities in North America
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MAX Resource Corp. is a Canadian mineral exploration company that is focused on Uranium exploration, with properties in the U.S. and Canada. In addition, it holds Gold properties in Nevada and Alaska with additional potential for Molybdenum (Alaska) and Zinc (Nevada).
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MAX's immediate focus is on its C de Baca uranium project in New Mexico, where a drill permit application has been made and is expected to be approved by late February, 2007. Exploration has begun by Kokanee Minerals, Inc. to earn a 51% interest in Max's prospective gold/zinc prospect in the prolific Carlin Trend in Nevada. A drill rig has been secured and drilling is scheduled on the Gold Hill Project in Alaska in June, 2007.
 New Mexico Uranium, C de Baca Project
The C de Baca Project comprises 108 uranium claims previously explored by OxyMin, an Occidental Petroleum company, in the 1980's. OxyMin drilled 216 holes, with the best drill hole intersecting 7.5 feet of 0.20% U3O8 at a depth of 291 feet, and identified an exploration target of 1.67 million tons grading 0.18% U3O8 (approximately 6 million lbs of U3O8*). MAX acquired additional data on the project in June, 2006 which includes drill logs and thickness maps from the original work done by Occidental Minerals that defines only the eastern limits of the mineralized system.
Nevada Gold/Zinc, Diamond Peak Property
38 claims located 32 miles north of Eureka, Nevada in the prolific Carlin Trend. Prior drilling in 1999 intersected 5 feet of 0.067 oz/t Au and 0.062 oz/t Au in two drill holes and 11.6 % of Zinc over 5 feet within 60 feet of surface in another hole. Kokanee completed a "3d" induced polarization geophysical survey on the Diamond Peak property in preparation for drilling in early 2007.
Alaska Gold/Copper/Molybdenum, Gold Hill Project
Gold Hill comprises 124 State of Alaska Mining Claims on 4,960 acres. The Company as well as AMAX Corporation, GCO Minerals and others have drilled and found significant Gold, Copper and Molybdenum mineralization, including a drill hole that intersected 536 feet of 0.48% MoS2 at surface. Drilling is scheduled to begin in June, 2007.
Northwest Territories Uranium, MacInnis Lake Project
Joint venture with Alberta Star Development Corp. (TSX-V: ASX) that comprises 26,204 acres containing 28 high grade uranium showings. The Company is targeting an unconformity-associated uranium deposit, geologically analogous to the uranium rich Athabasca Basin of Saskatchewan, 145 miles to the south.
*Note: This report by Occidental Minerals was not NI 43-101 compliant and predates NI 43-101. Max Resource intends to upgrade any historic resource figures to comply with NI 43-101 reporting standards in completion of drilling.
Stuart Rogers - President
Has been involved in the venture capital community since 1987. He is currently the President of West Oak Capital Group, Inc., a privately held investment banking firm specializing in the early stage finance of technology projects through the junior capital markets in Canada and the United States, and has served as a director of client companies listed on the TSX Venture Exchange, the Toronto Stock Exchange, NASDAQ Small Capital Market and NASD OTC Bulletin Board.
Clancy Wendt (P.Geo) - Vice President Exploration
A consulting geologist credited with the Mt. Hamilton gold discovery in the Carlin Trend, Nevada. He has prior experience in uranium exploration with such notable uranium companies as Phillips Uranium, Teton Exploration and Cerro Corporation. He has conducted all phases of uranium exploration, from conceptual targeting to drilling and evaluation, with extensive experience in the Wyoming, New Mexico, Utah and South Dakota uranium fields.
David Pearce - Director, CFO
Owner of a private real estate development and investment company. Also a director and officer of MAG Silver Corp. (TSX-V: MAG) since 1999.
Daniel MacInnis (P. Geo) - Director
Currently the President and Chief Executive Officer of MAG Silver Corp. Mr. MacInnis has over 30 years of experience in property acquisitions and joint venture negotiations, with a significant number of mineral discoveries having been made under his guidance. In addition, he has managed and directed multi-million dollar exploration programs for Noranda Exploration, Battle Mountain Gold/Hemlo Gold, and Sargold Resources.
Tim Coupland - Director
Mr. Coupland is currently the President and CEO of Alberta Star Development Corp. (TSX-V: ASX; OTC BB: ASXSF), MAX's joint venture partner on the Target 1 and MacInnis Lake uranium properties in the Northwest Territories. Mr. Coupland holds a bachelor's degree from Simon Fraser University and is an accomplished mineral landman and explorer, with over 20 years experience with both public and private companies working in the mineral exploration field in Canada.
| Headline News and Uranium Reports |
Merrill Lynch July 18, 2006
"Uranium prices have risen sharply in the past three years, transforming the dynamics of the market, attracting new risk capital and speculators and promising significantly higher earnings growth for existing players."
New Mexico' Nuclear Renaissance
"We will greet them (Uranium Miners) with open arms."
In New Mexico legislators eager to add a nuclear power plant to the state's nuclear energy renaissance, and with a possible uranium mill being discussed, how long before uranium mining resumes in this state? It may be sooner than you think. In a not-yet published interview with Jon Indall, Executive Director of the Uranium Producers of America, he told us, "I wouldn't be surprised if the domestic uranium industry were producing up to 20 million pounds annually." He forecast it might happen within five years, perhaps sooner. A good deal of the uranium production may come from this state. New Mexico's nuclear renaissance is clearly within reach.
Source: StockInterview, January, 2007
Mr. Stuart Rogers
President
Telephone: (604) 643-1719
Fax: (604) 643-1789
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Mr. Leonard MacMillan
Corporate Communications
Telephone: (604) 637-2140
Toll Free: 1-800-248-1872
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Corporate Office:
Address: #1400, 400 Burrard Street, Vancouver, British Columbia, Canada V6C 3G2
Email: info@maxresource.com
Web site: www.maxresource.com
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Disclaimer:
The information herein may contains forward looking statements based on assumptions and judgments of the management of the Max Resource Corp. regarding events or results that may prove to be inaccurate as a result of exploration or other risk factors beyond its control. Actual results may differ materially from the expected results. All statements herein, other than statements of historical facts, that address future production, reserve potential, exploration drilling, exploitation activities and events or developments that Max Resource Corp. expects are forward-looking statements. Such forward-looking statements are not guarantees of future performance, and are based on numerous assumptions about future conditions that could change. The material contained herein is for information purposes only and is not and is under no circumstances intended to constitute an offer to sell or a solicitation to buy any securities or a recommendation as to the purchase of any securities.
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