Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
MXROF one for 5 reverse split:
http://otce.finra.org/DLSymbolNameChanges
Oxides In Nevada
MAX’s Stuart Rogers Talks About Majuba Hill
Kevin Michael Grace
October 10, 2012 - MAX Resource Corp V.MXR announced October 2 assays from seven drillholes at its Majuba Hill project in Nevada. MAX may earn 60% Majuba Hill from Claremont LLC by spending US$6.5 million on exploration. The results were:
0.5% copper, 36.4 grams per tonne silver over 1.5 metres (92.3 g/t silver equivalent)
0.58% copper, 17.7 g/t silver over 2.7 metres (72.7 g/t silver equivalent)
0.57% copper, 28 g/t silver over 7.8 metres (81.5 g/t silver equivalent)
(including 2.13% copper, 101.9 g/t silver over 1.5 metres) (342.2 g/t silver equivalent)
0.34% copper, 18.5 g/t silver over 1.6 metres (50.6 g/t silver equivalent)
0.39% copper, 26 g/t silver over 1.5 metres (63.2 g/t silver equivalent)
0.7% copper, 38.8 g/t silver over 6.4 metres (105.1 g/t silver equivalent)
(including 1.26% copper, 81.7 g/t silver over 1.6 metres) (200.8 g/t silver equivalent)
(including 1.47% copper, 65.6 g/t silver over 1.8 metres) (204.6 g/t silver equivalent)
MAX may increase its interest to 75% by spending a further $3.5 million on exploration. The property is subject to a 3% net smelter royalty, half of which may be purchased for $1.5 million.
Max President Stuart Rogers spoke to Kevin Michael Grace October 2; read the interview here. http://resourceswire.com/2012/10/oxides-in-nevada/
Old Mine, New Lustre
MAX Drills Nevada’s Historic Majuba Hill
By Greg Klein
“We’re excited,” says MAX Resource Corp TSX:MXR President/Director Stuart Rogers. “We can’t call it a new discovery because it used to be a mine. But we’re just thrilled with the results.” The object of his enthusiasm is the Majuba Hill Copper-Silver-Gold Property, now the focus of the company’s foray into Nevada.
“We’ve got long intervals of high-grade mineralization, and we now have gold in the system that hadn’t been identified before,” Rogers continues. “We’ve identified other areas to the east and northwest where we can explore. We’re permitted now, and we’re starting the drill up again now. The next step will be to prove up the size of this resource.”
Read the rest of this article: http://bit.ly/sTQax5
MAX President Stuart Rogers on Nevada assays of 39.2 g/t silver over 96m
MAX Resource Corp TSXV:MXR announced assays from its Majuba Hill Copper-Silver Project in Nevada. Results include
39.2 g/t silver, 0.57% copper and 0.1 g/t gold over 96 metres (including 71 g/t silver, 1.14% copper and 0.15 g/t gold over 44.2 metres)
50.8 g/t silver, 0.31% copper and 0.31 g/t gold over 50.3 metres (including 100.1 g/t silver, 0.53% copper and 0.56 g/t gold over 19.8 metres)
15.4 g/t silver, 0.56% copper and 0.07 g/t gold over 45.7 metres (including 39.3 g/t silver, 0.54% copper and 0.11 g/t gold over 9.1 metres)
3.08 g/t silver and 0.06% copper over 111.2 metres
President/Director Stuart Rogers tells ResourceClips.com, “We’re excited. We can’t call it a new discovery because it used to be a mine. But we’re just thrilled with the results. We’ve got long intervals of high-grade mineralization, and we now have gold in the system that hadn’t been identified before. We’ve now identified other areas to the east and northwest where we can explore. We’re permitted now, and we’re starting the drill up again now. The next step will be to prove up the size of this resource.
Read the interview: http://bit.ly/uFI8hc
MAX President Stuart Rogers on Nevada assays of 16.5 g/t silver and 0.28% copper over 89.3m
MAX Resource Corp TSXV:MXR announced results from its Majuba Hill Project in Nevada. Hole MM-05 shows
16.5 g/t silver and 0.28% copper over 89.3 metres
(including 30 g/t silver and 0.47% copper over 13.7 metres)
(including 71.6 g/t silver and 0.95% copper over 1.5 metres)
Hole MM-03, released September 27, 2011, shows
37.5 g/t silver and 0.38% copper over 42.7 metres
(including 90.2 g/t silver and 0.93% copper over 10.7 metres)
(including 364.6 g/t silver and 2.23% copper over 1.5 metres)
Read the rest of this interview: http://bit.ly/opBUds
I misread that last PR...got AG and AU mixed up. DOH! So no bonanza grade gold...unfortunately.
Bonanza grade gold....but not a lot of hoopla.
MAX drills 42.7 m of 37.5 g/t (1.21 oz/t) Ag and 0.38% Cu at Majuba Hill; includes 10.7 m of 90.2 g/t (2.90 oz/t) Ag and 0.93...
MAX Resource Corp. (TSXV: MXR); (OTCBB: MXROF); (Frankfurt: M1D) has received and mapped the results of an extensive soil sampling program recently completed at its Majuba Hill copper/gold/silver project in Pershing County, Nevada. A total of 834 soil samples were taken across a surface area in excess of 5,000 by 2,500 meters (m) with assay results obtained as high as 1.53% Cu and 209 g/t Ag. Assay results are pending from an eight hole drill program completed in August.
---
No volume on this news. The company needs to promote itself better.
MAX completes soil sampling and additional drilling at Majuba Hill copper/silver project in Nevada
| 9:00 AM | By PR Newswire Association LLC. |
TSX-V Symbol: MXR OTC BB Symbol: MXROF Frankfurt: M1D VANCOUVER, Aug. 8, 2011 /PRNewswire/ - MAX Resource Corp. (TSX.V: MXR) (OTCBB: MXROF) ( Frankfurt: M1D) has completed an extensive soil sampling program across a surface area in excess of 5,000 x 2,500 meters (m) at its...
Related News: Similar Content, By PR Newswire Association LLC. http://www.prnewswire.com/news-releases/max-completes-soil-sampling-and-additional-drilling-at-majuba-hill-coppersilver-project-in-nevada-127227693.html#rssowlmlink
IMHO ONLY,
This is a stock, if one was to sit on it
for a year or two, will do very well. In
the next two years gold and silver could
make advances that will make mining stock
holders happy campers.
Hike on for health.
packerjack
MAX Resource Corp. (TSXV: MXR) (OTCBB: MXROF) (Frankfurt: M1D) has begun exploration at its newly acquired Majuba Hill Copper/Gold/Silver property in Pershing County, Nevada (see our news release of March 4, 2011). Excavation of drill sites has begun, with core drilling scheduled to begin in April 2011 following completion of drilling currently underway at MAX's nearby Table Top gold project.
Majuba Hill is the site of a number of past producing high-grade copper, gold and silver mines.
Maybe Max can find some gold and sell the property to Newmont?
MAX Resource Corp. (TSXV: MXR) (OTCBB: MXROF) (Frankfurt: M1D) has resumed core drilling at its wholly owned Table Top gold project in Humboldt County, Nevada. Table Top is located 10 miles west of the town of Winnemucca and is immediately south of the Sandman gold project, one of the Nevada properties included in the recent proposal by Newmont Mining Corp. to acquire Fronteer Gold Inc.
Yes,
Starting to look very good.
Makes this little boy very happy.
Hike on for health.
packerjack
MXROF news!
MAX acquires interest in Majuba Hill Copper/Gold/Silver Property in Nevada; exploration to focus on high-grade silver and copper
I hear you on that!
Hardly any volume yet, but at least it's drifting up. They have gold on their properties and a good cash position. This will pop when they get the cash settlement, too.
This stock is doing well!
Long term I think we will make
a nice profit. At least it hasn't
crashed like some I still own.
Good investing all.
Hike on for health.
packerjack
I've heard that too....and MXROF keeps creeping up a bit nearly every day. That's good to see....finally.
Montanore,
I have read of rumors that gold
could hit $10,000.00 an oz. in years
to come. We will see.
Good investing all.
Hike on for health.
packerjack
I wonder if this will pop when they release the Crow's Nest settlement news. Max should get recompensed for their trouble finding that bonanza-grade gold up there...
Hey all,
I like it. Just like money in the bank.
Hike on for health.
packerjack
Max Resources actually has an ADVERTISEMENT here...wow!
http://www.caseyresearch.com/gsd/
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 gold properties in Nevada being actively explored in 2011. For more information, please visit our web site at www.maxresource.com.
as of recent...do the DD....time will tell
:)
Looks like MXROF will get paid back. Doesn't do anything to get the price moving, though.
This stock is dead in the water.
Mining companies with operations in the Canadian portions of the Flathead River Basin will be compensated for their investments by two conservation groups to protect the area around Glacier National Park, according to Montana Gov. Brian Schweitzer, who made the announcement in Kalispell Monday. The payment will seal a deal cut between Schweitzer and British Columbia Premier Gordon Campbell one year ago in a Memorandum of Understanding (MOU) to protect the Flathead watershed and Glacier National Park.
http://www.flatheadbeacon.com/articles/article/nature_conservancy_to_reimburse_mining_companies_for_north_fork_protection/21872/?utm_source=feedburner&utm_medium=email&utm_campaign=Feed:+flatheadbeacon+Flathead+Beacon+Headlines
Yes, finally stirring to life a bit. They have gold. They have plenty of cash reserves. What they don't have is volume!
Hello,
Big move. We are about to blast off
Hang on tight. The ride of your life.
Going to the moon. Does this sound
like spam? LOL. Well, it may do OK
at some point. Still sittin on me
hands.
Hike on for health.
packerjack
This news produced no volume. 'cept for some tape painting at the end. Wide spread.
The next round of drilling needs to produce something much bigger in order to gain the attention of investors.
Hey all,
MXROF will do well in 2011. IMHO
Oil will rise, gold to follow.
So it is written, let it be done.
Hike on for health.
packerjack
Still following this. They still have a good cash position. They need to strike some decent GOLD. They need better public relations. Nobody knows they exist!
(They also need a good cash settlement from the BC government for stealing their rich Crow's Nest property).
All right big move. I like it.
Well, maybe I don't like it too much.
OK, it realy sucks. lol
Still holding for some good news.
Hike on for health.
packerjack
Not impressive results, IMO.
I'm looking to bail. This one has gone nowhere as gold keeps going up.
Montanore,
I think you are right on as far as MXROF.
Would love to hike in Glacier, BUT, I am
not hiking in an area where I am considered FOOD.
The blacks can be a big enough pest. They just
want your food. We carry berricade cans [for the
protection of the bears].
Will hold the little I have, untill I see it come
alive.
Hike on for health.
packerjack
I'm holding too. This outfit is good at sniffing out the gold and they've found bonanza-grade quality in the past. A little good news AND just a little public relations and awareness creation could do wonders for the stock price.
Meanwhile, no volume...no interest. It will stay that way until it doesn't!
Have you ever hiked up in Glacier National Park? A lot of gorgeous trails up here. Bring some bear spray, though...
Holding!!!
Gold for December delivery was adding $8.60 to $1,348.90.
Hike on for health.
packerjack
Wow, some brave soul had the temerity to buy a whole thousand shares today!
Still holding here--sure has been frustrating. No volume when gold is making highs.
Maybe one day we'll wake up with MXROF at a buck because NEM is buying it out.
We can dream, anyway.
Hey,
Sittin on my hands. Some day we could see a
very nice investment in this one. Someday.
Maybe soon, I just don't know.
Hike on for health.
packerjack
News again today...but no volume, no interest. Even though gold is making new highs.
ZZZZZ.
Well i noticed it off my alerts so hopefully others will as well.
We'll see. I've never invested in a stock that, on paper, deserves at least some volume and yet receives almost none day after day, week after week.
And it deserves some upward momentum in price too...considering the properties they have and considering gold keeps going up!
surely this news will draw some attention?????
Yep, someone bought a whole 1,000 shares!
I can't figure this one out. It sure doesn't want to participate when gold goes up. No volume, no interest. But they have a lot of good property, no debt, strong cash position and they're still expecting to get compensated for Crow's Nest.
It's the Rip Van Winkle of gold stocks.
WOW!!!
It is on the move. Now this is what I am
talking about. Maybe more to come.
Hike on for health.
packerjack
Finally some news.
http://ih.advfn.com/p.php?pid=nmona&article=44268055&symbol=MXROF
IMO, this one should be a lot higher considering their strong cash position, no debt AND they're expecting a cash settlement with the BC government for seizing their rich Crow's Nest property.
VANCOUVER, June 29 /PRNewswire-FirstCall/ - MAX Resource Corp. (TSX.V: MXR; OTCBB: MXROF; Frankfurt: M1D) has been advised by Kokanee Minerals Ltd. that it will not be proceeding with its option on MAX's wholly-owned Diamond Peak gold/zinc property in Eureka County Nevada and has returned the property to MAX in order to pursue exploration opportunities in Africa. MAX will receive all geologic and geophysical data prepared by Kokanee as well as an additional 96 claims that have been acquired around the initial 38 claims. MAX intends to review all available data and conduct surface exploration and sampling in preparation for drilling in the third quarter of 2010.
The Diamond Peak Property is located at the southern end of the prolific Carlin Trend of Nevada, which contains numerous gold deposits. The property now comprises 134 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 intensely clay altered rocks, 200 to 300 feet wide, on the hanging wall side of a major north striking normal fault, called the West Fault.
Kokanee completed only two drill holes at Diamond Peak and has elected not to make the annual option payment of US$50,000 now due to MAX. Kokanee has agreed to deliver to MAX all geological reports and data on the property, which includes a "3-d" Induced Polarization ("IP") survey that utilized computer data interpretation to provide a comprehensive model which enabled the IP survey to not only measure along the line of survey but between the lines. A total of 4 kilometres of strike length was surveyed and the data was interpreted to find further targets on the property. There were two clearly noticeable features of interest found in the inverted resistivity and chargeability models along with two other anomalous features within the surveyed area. The two features of immediate interest were a north striking linear fault-like structure and a circular intrusive-like feature in the southern portion of the geophysical grid. To further evaluate these features, the geochemical grid will be extended to the east and south, and further work will be done to expand the anomalous zones, especially to the east and north and where anomalous silver and zinc values occur in soils.
During previous historic work done by MK Gold in 1999 they encountered gold and base metal values that included:
- 5 feet of 0.067 opt (2.08 grams) Au in hole DV 99-4 and 5 feet of
0.062 opt (1.93 grams) Au in hole DV 99-5;
- 11.6 % Zinc over 5 feet within 60 feet of surface along the West
Fault in the Chainman formation in hole DV 99-15; and
- 106 g/t silver in outcrop (3.40 ounces per ton) which was never
followed up.
Max plans to explore the property using the original exploration program recommended to Kokanee. MAX will follow up on the 11% zinc zone identified by MK Gold only 60 feet from surface. The second drill area will explore a zone of mineralization which contains anomalous silver, zinc and lead. Another primary target is the outcrop that assayed 3.40 opt silver, which has potential as a Contact Replacement Deposit ("CRD"). Gold targets are extensive and will be defined further before drilling. Surface geochemistry is being expanded to the east of the claim block and will cover the areas of high geochemistry in gold, silver and zinc reported by MK Gold.
Stuart Rogers, the President of MAX, states "We have identified at least three areas of interest for gold, zinc and silver at Diamond Peak, none of which were tested by Kokanee during their recent two hole drill program. We acquired the Diamond Peak property in 2006 and only optioned it to Kokanee due to our lack of working capital at the time and inability to fund extensive exploration on our own. With cash on hand now in excess of $2.5 Million and gold currently trading in excess of $1,200 per ounce, we are extremely pleased to be re-acquiring a 100% interest in such an attractive exploration project on the Carlin Trend. We will be conducting an aggressive exploration program at Diamond Peak during the balance of 2010, which we will outline in future news release."
B.C. Premier Expects to Know Mining Costs Soon on North Fork Deal
YELLOW BAY – Accepting the Flathead Lakers’ 2010 Stewardship Award for signing an agreement with British Columbia protecting the North Fork from mining and drilling, Gov. Brian Schweitzer gave much of the credit to his counterpart in the negotiations: Premier Gordon Campbell.
Describing the fragile talks, held secretly in Spokane, Schweitzer emphasized that – from mining royalties to political capital – it was Campbell who had the most at stake.
“He came to power with a coalition that was pro-mining, pro-logging,” Schweitzer told the crowd gathered at the Flathead Lake Biological Station last week. “He was negotiating against his own base.”
“It is British Columbia who is walking away from $7 billion,” Schweitzer added. “It is Gordon Campbell who moved the furthest in order to get this done.”
And though Campbell wasn’t in the Flathead to accept the award, in a phone interview with the Beacon this week, the B.C. premier signaled his solidarity with Schweitzer on lingering issues regarding the memorandum of understanding, including the question of whether international four-party talks are necessary to buttress the agreement.
Montana Sens. Max Baucus and Jon Tester, Democrats, on June 28 called for four-party talks between the governments of B.C., Montana, the United States and Canada to move toward negotiating an international treaty to permanently protect the transboundary Flathead.
When asked about such a treaty, Campbell replied: “I don’t think it’s necessary.”
“Between partners like Montana and British Columbia, you can count on the MOU,” Campbell said. “We’re glad to work with Washington and Ottawa, but you know, we’ve done the work. We’ve done the work with local communities. We’ve done the work to protect the Flathead. The MOU’s there. Let’s protect the Flathead. That’s what we’re after and there are a couple of steps toward compensation we have to do. That’s what the real key is here.”
The compensation Campbell referenced is the estimated $17 million owed two private mining companies, Max Resource Corp. and Cline Mining Corporation, for investments made exploring the Canadian Flathead prior to the MOU signing in February, which banned mining.
“They obviously have some proprietary interests that they’re trying to protect,” Campbell said. “We’re trying to be, you know, very open about the fact that we’re going to cover their sunk costs; the governor has been a very strong proponent of us doing that.”
Schweitzer has criticized Montana’s federal delegation in recent weeks for not being forthcoming about providing the necessary compensation to these companies detailed in the MOU, despite the fact that the exact amount owed remains unclear.
Campbell affirmed that $17 million is “the ballpark of what we’re looking at,” and expects, “that within the next couple of weeks we’ll have a much cleaner number and we’ll be able to go and hopefully be able to resolve this with the help of Washington D.C.”
As for some of the public sparring between Schweitzer and the senators over compensating the two companies, Campbell said he was unconcerned.
“What my concern is: Let’s get on with resolving the agreement and getting it concluded, that’s what I’d like to do, the sooner we do it the better,” Campbell said. “A lot of people acted in good faith and came to the agreement working together, and that’s really what the key to this is, it’s: We can accomplish all of our goals. We can respect the desires of the people of Montana, the people of British Columbia, we can respect the very positive relationship between Canada and the United States, and we should get on and execute this plan.”
The memorandum of understanding marked a historic turning point in the decades-long struggle to prevent mining companies in the northern reaches of the Flathead basin from exploiting the rich coal, gas and gold deposits in southeastern B.C., the byproducts of which would flow south to harm water quality and wildlife in the Flathead Valley.
Campbell made clear, however, that once the sunk costs owed the companies are known, he expects the matter to be resolved quickly.
“We want this sooner rather than later. I think this is about us negotiating directly with the companies and making sure that we understand what their sunk costs are, knowing where the resources are going to be to meet those obligations and getting on with it,” he said. “So this isn’t a question of, sort of, can we tread water for a while.”
Campbell was quick to praise Schweitzer, and indicated that though the remaining details are important, much of the difficult negotiation is complete.
“This is a complicated issue that took a lot of work from both Montana and British Columbia,” Campbell said. “Gov. Schweitzer has come to this with a clear vision of what he wanted to accomplish and with a clear view, with us, that we have to do it with people from Montana, with people from British Columbia; that’s what we’ve done. That’s what a real friend does, that’s what a real partner does, and that’s what Montana and British Columbia are.”
http://www.flatheadbeacon.com/articles/article/b.c._premier_expects_to_know_mining_costs_soon_on_north_fork_deal/18679/
It's nice to have $2.5 million cash on hand. That helps to prevent the incessant dilution characteristic of so many other explorers.
---
Stuart Rogers, the President of MAX, states "We have identified at least three areas of interest for gold, zinc and silver at Diamond Peak, none of which were tested by Kokanee during their recent two hole drill program. We acquired the Diamond Peak property in 2006 and only optioned it to Kokanee due to our lack of working capital at the time and inability to fund extensive exploration on our own. With cash on hand now in excess of $2.5 Million and gold currently trading in excess of $1,200 per ounce, we are extremely pleased to be re-acquiring a 100% interest in such an attractive exploration project on the Carlin Trend. We will be conducting an aggressive exploration program at Diamond Peak during the balance of 2010, which we will outline in future news release."
Followers
|
5
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
85
|
Created
|
10/27/08
|
Type
|
Free
|
Moderators |
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |