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MXR Results include 19g/t Au over 6.1m

Tue, Nov 24, 2009

Gold Company News

Max Resource Corp. (TSX-V: MXR) reported this morning drill results including over 19 grams per tonne gold over 6.1 meters at it’s Crowsnest project in Western Canada.

26 shallow holes were drilled with 9 returning over 2g/t gold.

Click here for the full press release.

The Crowsnest property is owned by Eastfield Resources Ltd. (TSX-V: ETF) and has been optioned by MXR.  The property was drilled in 2006 by another optionee with no conclusive results.  A release on that drilling can be found here.

In today’s press release, Mr. Clancy Wendt, VP Exploration for MXR is quoted saying:

There are many other areas at Crowsnest where significant gold values were reported by prior operators that have never been followed up; these will be examined during the 2010 exploration program. We have not yet determined the full extent of the gold mineralization at Crowsnest.

Click here for more on Max Resources and to request an investor kit.

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  • The Gold Investing Glossary: This glossary covers investing in junior resource companies. For the experienced investor or the newbie, you should find everything you need here. If not, let us know and we’ll research and add what you’re looking for.

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  • ResponsibleMiner.com is a new web site with a wiki for mining companies and suppliers can discuss best practices in the mining industry.  Also, check for profiles of companies doing great things to improve mining best practices.

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