Last C$0.01 CAD
Change Today 0.00 / 0.00%
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MXR On Other Exchanges
Symbol
Exchange
Venture
OTC US
Berlin
As of 2:19 PM 11/25/14 All times are local (Market data is delayed by at least 15 minutes).

max resource corp (MXR) Snapshot

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Previous Close
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Day High
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52 Week High
06/25/14 - C$0.10
52 Week Low
11/25/14 - C$0.01
Market Cap
308.3K
Average Volume 10 Days
39.9K
EPS TTM
--
Shares Outstanding
30.8M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for MAX RESOURCE CORP (MXR)

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max resource corp (MXR) Details

Max Resource Corp., an exploration stage company, is engaged in the acquisition and exploration of mineral resource properties. The company focuses on exploring for gold, silver, and copper ores. It holds interests in the C de Baca, Diamond Peak, Ravin, East Manhattan, Table Top, and Majuba Hill properties in Nevada; and Howell and Crowsnest properties in Canada. The company was formerly known as Vancan Capital Corp. and changed its name to Max Resource Corp. in May 2004. Max Resource Corp. was founded in 1994 and is headquartered in Vancouver, Canada.

Founded in 1994

max resource corp (MXR) Top Compensated Officers

President, Chief Executive Officer, Director ...
Total Annual Compensation: --
Chief Financial Officer
Total Annual Compensation: --
Vice President of Exploration and Director
Total Annual Compensation: --
Compensation as of Fiscal Year 2013.

max resource corp (MXR) Key Developments

MAX Resource Corp. Re-Assays Two Drill Holes from East Manhattan Wash

MAX Resource Corp. has re-assayed the two drill holes from East Manhattan Wash (EMW) announced September 12, 2014 using a different laboratory as well as a 1,000 gram split from the reject in order to verify the results previously announced. The original assays, which were conducted on 250 gram splits, showed high variability at grades >0.1 ppm, therefore 1,000 gram splits were used to reduce the effect that coarse gold might have on the results. While this second lab reported higher gold values on the higher grade sections of the mineralized intercepts previously reported, this did not result in a meaningful increase in the length or overall grade of the mineralized intervals previously reported. Core from the remaining five holes drilled this summer was reviewed based on this new information and it was determined that the gold mineralization intercepted at EMW represents supergene mineralization at surface that does not have sufficient overall grade to warrant further analysis of the remaining drill core. This drill data will be considered, in conjunction with the extensive surface sampling data the company has compiled, in identifying targets for future exploration at EMW, which may include targeting higher grade vein systems at depth, which is what the Manhattan mining district is primarily known for. Analysis was performed by McClelland Laboratories Inc. using fire assay with an AA finish. Standards and duplicates were used for quality control of the samples. A larger 1,000 gram split was made for the 30 gram fire assay to obtain a more representative assay for potential coarse gold in the sample. The EMW property is comprised of 23 claims located in the Manhattan Mining District 40 miles north of the town of Tonopah and eight miles south of the Round Mountain Mine (jointly owned by Kinross and Barrick), a conventional open pit operation that has produced more than 12 Moz of gold to date.

Max Resource Corp. Receives Assay Results from Drilling at East Manhattan Wash Gold Project, Nevada

Max Resource Corp. received drill results from two holes drilled at its East Manhattan Wash gold project in Nye County, Nevada this summer. The two holes reported were drilled vertically to a depth of 39.3 m and 38.1 m respectively to determine the overall depth of gold mineralization identified in soil sampling conducted by MAX in 2013 that returned values ranging from 0.05 ppm to 1.5 ppm (1.5 g/t) Au in soils over an extensive surface area. Both drill holes returned anomalous gold throughout their entire length. The best drill result was from hole EMW-02, which returned 13.7 m of 0.106 g/t Au beginning at a depth of 1.5 m, with hole EMW-07 returning 7.62 m of 0.034 g/t Au. A further five drill holes are still awaiting assay. The company encouraged to find such extensive mineralization in surface samples taken from the caldera rim. Widespread shallow gold intercepts are generally indicative of the large to very large precious metals system which occurs along the south edge of the Manhattan Caldera in the Toquima Range and hosts the Round Mountain and Manhattan multi-million ounce gold deposits.

Max Resource Corp. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014

Max Resource Corp. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported loss and comprehensive loss was CAD 136,949 or CAD 0.00 compared to CAD 113,045 or CAD 0.00 per basic and diluted share a year ago. For the six months period, the company reported loss and comprehensive loss was CAD 196,191 or CAD 0.01 per basic and diluted share compared to CAD 239,557 or CAD 0.01 per basic and diluted share a year ago. Net cash flows used in operating activities were CAD 104,803 compared to CAD 141,921 a year ago. Expenditures on exploration and evaluation assets were CAD 246,298 compared to CAD 33,655 a year ago.

 

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