Max Resource - Uran + Gold +Base Minerals - 500 Beiträge pro Seite

[No Use for a Na]

Mein neuster Pick:
Max Resource

homepage:http://www.maxresource.com/s/Home.asp

MAX Resource Corp. was incorporated pursuant to the Business Corporations Act in the Province of Alberta, Canada on April 25, 1994 and is engaged in the business of acquiring and exploring resource properties.

The Target Claims, Northwest Territories

In early 2003, MAX acquired a 50% interest in the Target 1 mining claim, located on the east side of Longtom Lake area of the Northwest Territories. The Target 1 claim is located approximately 350 kilometres north of Yellowknife, Northwest Territories, Canada and covers 1,781.9 acres. The remaining 50% interest in the Target 1 claim is held by Alberta Star Development Corp. (TSX-V:ASX; OTC BB: ASXSF)

In mid-September, 2004 MAX was advised by Alberta Star that Fronteer Development Group (TSX:FRG), as operator, had intersected high-grade uranium mineralization on Alberta Star's Longtom Lake property, immediately adjacent to the Target 1 Claim.

Drilling conducted by Fronteer intersected 1.68 per cent U3O8 over one metre at a downhole depth of 80 metres, which was part of a broader interval that returned 0.56 per cent U3O8 over three metres, and 0.16 per cent U3O8 over one metre that was intersected at a depth of 51 metres in the same hole.

Based on these recent results and historical records for the surrounding area, there are indications of a near-surface uranium system of size and high-grade potential. MAX intends to review all available data from future exploration work conducted by Alberta Star and others on the Longtom Lake area in order to determine what exploration activity, if any, should be undertaken by MAX on the Target Claims in the future.

The Gold Hill Property, Alaska

In May, 2004 the Company entered into an agreement to acquire an interest in the Gold Hill Project near Cantwell, Alaska, subject to acceptance for filing by the TSX Venture Exchange.

The Gold Hill property is located along the southern portion of the prolific Tintina Gold Province, approximately 145 miles north of Anchorage, Alaska and only 10 miles off the paved highway to Cantwell, Alaska.

The property was first drilled as a joint venture between Dome Exploration and Cities Service Company in 1972. General Crude Oil ("GCO" acquired the property in 1983 and explored the property for gold. They did geologic mapping, soil geochemistry, a VLF-EM survey and drilled five diamond drill holes. The best intersection from this drilling was 11.5 feet which averaged 0.668 ounces per ton.

In 1988, Amax Gold entered into a joint venture with GCO. They completed geologic mapping, rock sampling, soil geochemical surveys and VLF-EM geophysical surveys, select metallic screen fire assays and preliminary cyanide bottle roll metallurgical tests and 5,885 feet of reverse circulation drilling in 21 drill holes. The target was to find a bulk tonnage open pittable deposit. Amax did not find significant thick intervals of low grade mineralization and dropped the property. High grade gold intervals were encountered in drill holes AUH 7, 16, and 17. Hole 7 contained five feet of 0.18 opt Au, Hole 16 contained five feet of 0.46 opt Au, five feet of 0.23 opt Au and five feet of 0.66 opt Au, and Hole 17 contained five feet of 0.19 opt Au.

A large soil geochemical anomaly exists on both Gold Hill and West Hill. Values up to 0.1 opt Au have been found. The Gold Hill area was originally drilled for molybdenum but not assayed for gold in all holes. There is still a target there.

GInterpretation of the geophysics indicates that there are a number of buried intrusives present on the property which have not been explored.

MAX has entered into an Option Agreement with Zazu Exploration, Inc. ("Zazu", a privately-held Texas corporation, which holds a Lease on the Gold Hill Claims from GCO Minerals Company. The terms of the Option include a payment of US$25,000 and the issuance of 100,000 Shares and 100,000 Warrants exercisable at $0.47 per share for a two year period. In order to maintain the Option, MAX must issue an additional 200,000 shares by January 1, 2005 and a further 200,000 shares by January 1, 2006.

MAX will assume all of Zazu's obligations under the lease which include the following minimum work commitments and Advance Royalty Payments (in U.S. funds):

Year Work Commitment Advance Royalty
2004 $100,000 $ 5,000
2005 150,000 15,000
2006 250,000 25,000
2007 250,000 25,000
2008 500,000 50,000
2009 500,000 75,000
2010 500,000 100,000


Upon exercise of the Option, MAX can earn up to a 90% interest in the Gold Hill claims, subject to a net smelter return ("NSR". The NSR will fluctuate from 1.5% to 4.0% depending on the price of gold. In addition, MAX will pay to Zazu an additional NSR of 1%.

The MacInnis Lake Uranium Project

The MacInnis Lake uranium claim block is comprised of 15 mineral claims totaling 26,184.64 acres and is located in the Nonacho Basin 150 km northeast of Fort Smith, Northwest Territories and 275 km southeast of the city of Yellowknife, Northwest Territories.

The MacInnis lake Uranium project is considered as an unconformity or basement hosted deposit setting. Unconformity-related uranium deposits can be extremely high grade, can average 10% + , and form the setting for the vast majority of deposits in the Athabasca Basin in northern Saskatchewan, 280 kilometers south of MacInnis Lake. The MacInnis Lake uranium claim block is known to have widespread surface uranium mineralization, and contains 28 high grade uranium showings that were drill discovered between 1954 and 1988. All uranium exploration and drilling datasets have been archived and recorded by the Geological Survey of Canada. Max's management believes the MacInnis Lake area has the potential to host a world-class, economic uranium deposit, similar to those at Saskatchewan's McArthur River and Cigar Lake.

In May, 2005 a deep penetrating airborne electromagnetic geophysical ("MEGATEM" survey was commenced on the MacInnis Lake uranium project. Exploration is being conducted in search of uranium deposits with emphasis on unconformity related deposits such as those discovered in the Athabasca Basin of Saskatchewan. The uranium deposits in the Athabasca basin are associated with graphitic fracture and breccia filings and disseminations in elongate or tabular zones hosted by sedimentary to metasedimentary rocks, at or near the contact of a major continental unconformity, which display themselves as good to strong conductors.

The airborne survey was conducted by Fugro Airborne Surveys over the southern portion of the grid using Fugro's MEGATEM and in the northern 60% with their GEOTEM system. The surveys were completed in June and covered a total of approximately 951 line kilometers along east-west oriented lines, with 200 meter spacings. Mr. Jan Klein, M.Sc., P. Eng., P. Geo., consulting geophysicist, is currently reviewing and compiling all of the data generated from the geophysical survey. Results from the survey will be combined with archived historical drill results to assist the company in its drill targeting during subsequent surface exploration.

Thomas Mountain Uranium Project, Utah

On August 11, 2005 MAX announced that it had entered into agreement with Energex, LLC to acquire a 100 % interest in the PPCO claims in Juab County, Utah. Energex, LLC is a Nevada corporation wholly-owned by Clancy J. Wendt, the Vice President of Exploration for MAX.

The terms of the Option Agreement with Energex call for:

1. An initial cash payment to Energex of US$5,000,
2. Annual maintenance payments to Energex of US$10,000 commencing in the second year and escalating by $10,000 each year thereafter to a maximum of US$50,000 per year; and
3. Work commitments totaling $1,000,000 over a four year period (being $100,000 in the first year; $200,000 in the second year; $300,000 in the third year and $400,000 in the fourth year).

The Thomas Mountain project is located approximately 150 miles southwest of Salt Lake City, about 20 miles west of the town of Delta, Utah and east of the Brushman Wellman beryllium mine. The claims have excellent road access by both graveled and cross county roads.

The PPCO claims comprise 27 claims totaling 540 acres and were explored during the early 1980's by Phillips Uranium, a wholly-owned subsidiary of Phillips Petroleum. Phillips encountered uranium grades of approximately 0.05% U3O8, over a 100 foot thickness at a depth of 900 feet within a small caldera. The uranium host rock was identical to the host rock found in a nearby structurally controlled uranium system that produced approximately 500,000 pounds of uranium before mining was terminated when the ore zone was found to be faulted off to the east. The zone found by Phillips on the PPCO claims is thought to be an extension of this original mineralization. The mineralization is contained within the mote sediments of a smaller caldera within a major caldera system. The mineralization appears to be structurally controlled along the edge of this caldera and planned exploration will follow up on previous work.

In September, 2005 established a wholly-owned Nevada subsidiary, MAX Resource, Inc., and staked additional claims around the original 27 PPCO uranium claims in Juab County, Utah, bringing the total to 195 lode claims comprising 3,900 acres.

In early March, 2006 the Company retained DeLong Construction and Drilling of Nevada as the drilling contractor for its Thomas Mountain project. Drilling was conducted using a reverse-circulation drill, with the first drill hole completed by March 21, 2006 when the Company was forced to put the balance of the drill program on hold due to heavy snowfall.

Drill hole PPCO # 1 was drilled to a target depth of 1,157 feet to intersect the previous mineralization found during drilling conducted by Phillips Uranium Company in the early 80's. On completion of drilling, Century Geophysical Company probed the drill hole using a Gamma-SP probe. Results indicated that the zone of previous mineralization was anomalous but not ore grade. It appears that the beryllium tuff unit, which is the host rock for the nearby Yellow Chief mine, either thins to the south or is faulted off.

On April 24, 2006 drilling resumed on Thomas Mountain, with a further two holes drilled. With the completion of these three holes, MAX satisfied its work commitment for the year and decided to suspend the balance of the drill program.

C de Baca Uranium Project, New Mexico

On September 22, 2005 MAX announced that it is acquiring a total of 108 claims in Socorro County, New Mexico. All of the claims are located on U.S. Forest Service Lands.

The claims have been previously explored for uranium and are being acquired pursuant to an agreement with Applied Geologic Services, Inc. of Denver, Colorado. Consideration for the acquisition of the claims (known as the "C de Baca Project" is an immediate US$10,000 cash payment with annual payments of US$10,000 until production. After production, a royalty of 2% of revenues is payable until such time as a total of US$500,000 (including the initial cash payment and annual payments) has been paid. The obligation to make payments to Applied Geologic Services can be terminated at anytime by the Company by providing notice that it is abandoning the Claims and agreeing to transfer the Claims back to the vendor.

The C de Baca Project is located approximately 14 miles north of the town of Magdalena and 100 miles south of the town of Albuquerque, New Mexico. The claims have excellent road access by both graveled and cross county roads.

The C de Baca Project was explored during the early 1980's by OxyMin, a wholly-owned subsidiary of Occidental Petroleum. The uranium host is a 3500+ foot wide south-trending sequence of strongly reduced braided stream deposits grading into a system of alluvial fan and flood plain sediments. This geochemically well-defined depositional trend favors uranium deposition along the margins of the system where the reduced (altered) sands range in thickness from 150-200 feet. During the exploration, 216 drill holes were drilled in specific areas of the claim block and roughly defined the eastern limits of the favorable system. The best drill hole had 7.5 feet of 0.20 U3O8 at a depth of 291 feet. Due to the geological formations in the area, OxyMin felt that the property may be amenable to "in-situ leaching "("ISL", subject to further exploration.

Diamond Peak, Nevada

In July, 2006 MAX entered into an Option Agreement to acquire a 100 % interest in the FMC claims in Eureka County, Nevada, the "Diamond Peak Property", from The Wendt Family Trust of Reno, Nevada. The Wendt Family Trust is controlled by Clancy J. Wendt, the Vice President of Exploration for MAX.

The Diamond Peak Property is a historic MK Gold Gold/Base Metal property that was explored during the late 1990's and is located at the southern end of the prolific Carlin trend, which contains numerous gold deposits. The property comprises 38 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.

During the work done by MK in 1999, which included 17 holes and 10,085 feet of drilling, they encountered significant values of gold and base metals that included:

* 5 feet of 0.067 oz/st Au in hole DV 99-4 and 5 feet of 0.062 oz/st Au in hole DV 99-5; and
* 11.6 % of Zinc over 5 feet within 60 feet of surface along the West Fault in the Chainman formation in hole DV 99-15.


Although no extensive intervals of mineralization were encountered, the drilling did indicate that more work was needed to find an economic mineralized system. The recommendations by MK Gold were to continue exploration and drill deep (>2,000 foot) diamond drill holes to the Web and Joana formations.

At the time, the base metal values were not considered as important and were not part of further considerations. Current prices of zinc, silver, and lead make this a very important target for further exploration. There are three intrusives that contain significant base and precious metal signatures along their edges. These have not been drilled and could contain skarn mineralization that may be economic. Future exploration would include conducting geophysical surveys to better define the intrusive contacts and define drill targets for future work.

The terms of the Option Agreement call for the issuance to the Wendt Family Trust of 100,000 shares of the Company and the following rental payments (in U.S funds):

Date Payment Amount
Upon execution of the Agreement $25,000
First anniversary of Effective Date $35,000
Second anniversary of Effective Date $45,000
Each anniversary thereafter $50,000


These rental payments shall not be credited against the Royalty or the Purchase Price of US$300,000. If the Option to Purchase the Property is exercised during the term of the rental payments, no further property rental payments will be due. The Diamond Peak property is subject to a 3% NSR royalty.

Diamond Peak property joint ventured to Kokanee
On May 18, 2006 MAX entered into an Option Agreement with Kokanee Placer Ltd. (Kokanee" a private B.C. company, whereby Kokanee can earn a 51% interest in MAX's Diamond Peak property in Eureka County, Nevada.

In order to earn its interest, Kokanee has agreed to pay US$25,000 (which has been paid), issue 100,000 shares to MAX and make the following annual payments:

1) Issue 200,000 shares to MAX on the first anniversary date and pay an additional US$35,000 in either cash or shares, subject to a minimum of 200,000 shares of Kokanee;

2) Issue 300,000 shares to MAX on the second anniversary date and pay an additional US$45,000 in either cash or shares, subject to a 300,000 share minimum;

3) Pay US$100,000 to MAX on the third anniversary date, in either cash or shares, with a 600,000 share minimum; and

4) issue 1,000,000 shares of Kokanee to MAX on commencing commercial production.

The Option will be for a term of three (3) years and requires work commitments of US$100,000 in the first year, US$300,000 in the second year and $600,000 in the third year.

Marktkapitalisierung: 7,80 Mio. EUR

[No Use for a Na]

letzte news:

http://www.maxresource.com/i/pdf/max-dec2006fs.pdf

deutsche review von goldseiten.de:

http://www.goldseiten.de/content/firmen/max-resource/index.p…

[No Use for a Na]

der chart:



intraday 9,5% im plus:



gruß
nufan

[No Use for a Na]

Antwort auf Beitrag Nr.: 27.990.020 von No Use for a Na am 26.02.07 20:54:03

schöne news beim max

Drill Permit Received for C de Baca Uranium Property, New Mexico
Vancouver, BC Canada - MAX Resource Corp., (TSX.v-MXR; OTCBB-MXROF; Frankfurt M1D) is pleased to announce that it has been granted a drill permit by the USDA Forest Service for its wholly-owned C de Baca Uranium property in Socorro County, New Mexico.

The C de Baca Project comprises 108 uranium claims previously explored by Occidental Minerals, an Occidental Petroleum company, in the 1980's. Occidental Minerals 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*). This information is taken from data MAX acquired on the project in June 2006 which includes drill logs and thickness maps from the original work done by Occidental Minerals that define only the eastern limits of the mineralized system, which may be open to expansion.

The drill program will be comprised of 14 drill holes and has been designed to allow MAX to be able to confirm the historic drilling data in order to enable a resource estimate in compliance with NI 43-101.

The C de Baca property is located 14 miles north of the town of Magdalena and 100 miles south of Albuquerque, New Mexico. It has the potential for in-situ uranium mining methods, a technique with a tiny footprint. In situ recovery ("ISR"), also known as solution mining, involves leaving the ore where it is in the ground and using non-toxic liquids which are pumped through it to recover the minerals out of the ore by leaching. As a consequence, there is little surface disturbance and no tailings or waste rock generated. According to the World Nuclear Association, 21 percent of the world's uranium production came about through ISR mining in 2004.

This news release has been reviewed by Mr. Clancy J. Wendt, P. Geo, a "qualified person" as that term is defined under National Instrument 43-101.

*Note: This report by Occidental Minerals was not NI 43-101 compliant and predates NI 43-101. The historic information provided is for reference only and the reader should not infer or assert that the information is correct, reliable, relevant or accurate and should not be relied upon. Max Resource intends to upgrade any historic resource figures to comply with NI 43-101 reporting standards on completion of drilling.

About MAX Resource Corp.

MAX Resource Corp. is a Canadian mineral exploration company focused on Uranium exploration, with properties in the U.S. and Canada. In addition, it holds highly prospective gold properties in
Nevada and Alaska that have additional potential for Molybdenum (Alaska) and Zinc (Nevada). For more information, please visit our web site at www.maxresource.com.

On behalf of the Board of Directors of
MAX Resource Corp.

"STUART ROGERS"

Stuart Rogers
President

Contact: Leonard MacMillan, Corporate Communication

Telephone: [phone] or 604 637 2140

[e-mail]
www.maxresource.com

THE CONTENTS OF THIS NEWS RELEASE HAVE NEITHER BEEN APPROVED NOR DISAPPROVED BY THE TSX VENTURE EXCHANGE.

This News Release includes certain "forward looking statements". Without limitation, statements regarding potential mineralization and resources, exploration results, and future plans and objectives of the Company are forward looking statements that involve various degrees of risk. The following are important factors that could cause MAX's actual results to differ materially from those expressed or implied by such forward looking statements: changes in the world wide price of mineral commodities, general market conditions, risks inherent in mineral exploration, risks associated with development, construction and mining operations, the uncertainty of future profitability and the uncertainty of access to additional capital.

o

You can view the Previous News Releases item: Tue Sep 5, 2006, Tim Coupland of Alberta Star Development Corp. Joins Board of MAX Resource Corp.

You can return to the main News Releases page, or press the Back button on your browser.

[No Use for a Na]

Antwort auf Beitrag Nr.: 27.990.020 von No Use for a Na am 26.02.07 20:54:03

nud der kurs in Kanada zeiht schon an

14,3% in der ersten halben stunde!!

Intradychart:


und der nice gesamtchart nach diesem miniausbruch zum neuen ATH:



gruß
nufan

[No Use for a Na]

Antwort auf Beitrag Nr.: 28.167.614 von No Use for a Na am 07.03.07 16:13:51

der max rennt

über 20% im plus in CAN bei 1,44$

intraday:


chart:



gruß
maumau

[No Use for a Na]

Antwort auf Beitrag Nr.: 28.190.054 von No Use for a Na am 08.03.07 19:20:12

max cooperate history:

MAX Resource Corp. was incorporated pursuant to the Business Corporations Act in the Province of Alberta, Canada on April 25, 1994 and is engaged in the business of acquiring and exploring resource properties.

The Target Claims, Northwest Territories

In early 2003, MAX acquired a 50% interest in the Target 1 mining claim, located on the east side of Longtom Lake area of the Northwest Territories. The Target 1 claim is located approximately 350 kilometres north of Yellowknife, Northwest Territories, Canada and covers 1,781.9 acres. The remaining 50% interest in the Target 1 claim is held by Alberta Star Development Corp. (TSX-V:ASX; OTC BB: ASXSF)

In mid-September, 2004 MAX was advised by Alberta Star that Fronteer Development Group (TSX:FRG), as operator, had intersected high-grade uranium mineralization on Alberta Star's Longtom Lake property, immediately adjacent to the Target 1 Claim.

Drilling conducted by Fronteer intersected 1.68 per cent U3O8 over one metre at a downhole depth of 80 metres, which was part of a broader interval that returned 0.56 per cent U3O8 over three metres, and 0.16 per cent U3O8 over one metre that was intersected at a depth of 51 metres in the same hole.

Based on these recent results and historical records for the surrounding area, there are indications of a near-surface uranium system of size and high-grade potential. MAX intends to review all available data from future exploration work conducted by Alberta Star and others on the Longtom Lake area in order to determine what exploration activity, if any, should be undertaken by MAX on the Target Claims in the future.

The Gold Hill Property, Alaska

In May, 2004 the Company entered into an agreement to acquire an interest in the Gold Hill Project near Cantwell, Alaska, subject to acceptance for filing by the TSX Venture Exchange.

The Gold Hill property is located along the southern portion of the prolific Tintina Gold Province, approximately 145 miles north of Anchorage, Alaska and only 10 miles off the paved highway to Cantwell, Alaska.

The property was first drilled as a joint venture between Dome Exploration and Cities Service Company in 1972. General Crude Oil ("GCO") acquired the property in 1983 and explored the property for gold. They did geologic mapping, soil geochemistry, a VLF-EM survey and drilled five diamond drill holes. The best intersection from this drilling was 11.5 feet which averaged 0.668 ounces per ton.

In 1988, Amax Gold entered into a joint venture with GCO. They completed geologic mapping, rock sampling, soil geochemical surveys and VLF-EM geophysical surveys, select metallic screen fire assays and preliminary cyanide bottle roll metallurgical tests and 5,885 feet of reverse circulation drilling in 21 drill holes. The target was to find a bulk tonnage open pittable deposit. Amax did not find significant thick intervals of low grade mineralization and dropped the property. High grade gold intervals were encountered in drill holes AUH 7, 16, and 17. Hole 7 contained five feet of 0.18 opt Au, Hole 16 contained five feet of 0.46 opt Au, five feet of 0.23 opt Au and five feet of 0.66 opt Au, and Hole 17 contained five feet of 0.19 opt Au.

A large soil geochemical anomaly exists on both Gold Hill and West Hill. Values up to 0.1 opt Au have been found. The Gold Hill area was originally drilled for molybdenum but not assayed for gold in all holes. There is still a target there.

GInterpretation of the geophysics indicates that there are a number of buried intrusives present on the property which have not been explored.

MAX has entered into an Option Agreement with Zazu Exploration, Inc. ("Zazu"), a privately-held Texas corporation, which holds a Lease on the Gold Hill Claims from GCO Minerals Company. The terms of the Option include a payment of US$25,000 and the issuance of 100,000 Shares and 100,000 Warrants exercisable at $0.47 per share for a two year period. In order to maintain the Option, MAX must issue an additional 200,000 shares by January 1, 2005 and a further 200,000 shares by January 1, 2006.

MAX will assume all of Zazu's obligations under the lease which include the following minimum work commitments and Advance Royalty Payments (in U.S. funds):

Year Work Commitment Advance Royalty
2004 $100,000 $ 5,000
2005 150,000 15,000
2006 250,000 25,000
2007 250,000 25,000
2008 500,000 50,000
2009 500,000 75,000
2010 500,000 100,000


Upon exercise of the Option, MAX can earn up to a 90% interest in the Gold Hill claims, subject to a net smelter return ("NSR"). The NSR will fluctuate from 1.5% to 4.0% depending on the price of gold. In addition, MAX will pay to Zazu an additional NSR of 1%.

The MacInnis Lake Uranium Project

The MacInnis Lake uranium claim block is comprised of 15 mineral claims totaling 26,184.64 acres and is located in the Nonacho Basin 150 km northeast of Fort Smith, Northwest Territories and 275 km southeast of the city of Yellowknife, Northwest Territories.

The MacInnis lake Uranium project is considered as an unconformity or basement hosted deposit setting. Unconformity-related uranium deposits can be extremely high grade, can average 10% + , and form the setting for the vast majority of deposits in the Athabasca Basin in northern Saskatchewan, 280 kilometers south of MacInnis Lake. The MacInnis Lake uranium claim block is known to have widespread surface uranium mineralization, and contains 28 high grade uranium showings that were drill discovered between 1954 and 1988. All uranium exploration and drilling datasets have been archived and recorded by the Geological Survey of Canada. Max's management believes the MacInnis Lake area has the potential to host a world-class, economic uranium deposit, similar to those at Saskatchewan's McArthur River and Cigar Lake.

In May, 2005 a deep penetrating airborne electromagnetic geophysical ("MEGATEM") survey was commenced on the MacInnis Lake uranium project. Exploration is being conducted in search of uranium deposits with emphasis on unconformity related deposits such as those discovered in the Athabasca Basin of Saskatchewan. The uranium deposits in the Athabasca basin are associated with graphitic fracture and breccia filings and disseminations in elongate or tabular zones hosted by sedimentary to metasedimentary rocks, at or near the contact of a major continental unconformity, which display themselves as good to strong conductors.

The airborne survey was conducted by Fugro Airborne Surveys over the southern portion of the grid using Fugro's MEGATEM and in the northern 60% with their GEOTEM system. The surveys were completed in June and covered a total of approximately 951 line kilometers along east-west oriented lines, with 200 meter spacings. Mr. Jan Klein, M.Sc., P. Eng., P. Geo., consulting geophysicist, is currently reviewing and compiling all of the data generated from the geophysical survey. Results from the survey will be combined with archived historical drill results to assist the company in its drill targeting during subsequent surface exploration.

Thomas Mountain Uranium Project, Utah

On August 11, 2005 MAX announced that it had entered into agreement with Energex, LLC to acquire a 100 % interest in the PPCO claims in Juab County, Utah. Energex, LLC is a Nevada corporation wholly-owned by Clancy J. Wendt, the Vice President of Exploration for MAX.

The terms of the Option Agreement with Energex call for:

1. An initial cash payment to Energex of US$5,000,
2. Annual maintenance payments to Energex of US$10,000 commencing in the second year and escalating by $10,000 each year thereafter to a maximum of US$50,000 per year; and
3. Work commitments totaling $1,000,000 over a four year period (being $100,000 in the first year; $200,000 in the second year; $300,000 in the third year and $400,000 in the fourth year).

The Thomas Mountain project is located approximately 150 miles southwest of Salt Lake City, about 20 miles west of the town of Delta, Utah and east of the Brushman Wellman beryllium mine. The claims have excellent road access by both graveled and cross county roads.

The PPCO claims comprise 27 claims totaling 540 acres and were explored during the early 1980's by Phillips Uranium, a wholly-owned subsidiary of Phillips Petroleum. Phillips encountered uranium grades of approximately 0.05% U3O8, over a 100 foot thickness at a depth of 900 feet within a small caldera. The uranium host rock was identical to the host rock found in a nearby structurally controlled uranium system that produced approximately 500,000 pounds of uranium before mining was terminated when the ore zone was found to be faulted off to the east. The zone found by Phillips on the PPCO claims is thought to be an extension of this original mineralization. The mineralization is contained within the mote sediments of a smaller caldera within a major caldera system. The mineralization appears to be structurally controlled along the edge of this caldera and planned exploration will follow up on previous work.

In September, 2005 established a wholly-owned Nevada subsidiary, MAX Resource, Inc., and staked additional claims around the original 27 PPCO uranium claims in Juab County, Utah, bringing the total to 195 lode claims comprising 3,900 acres.

In early March, 2006 the Company retained DeLong Construction and Drilling of Nevada as the drilling contractor for its Thomas Mountain project. Drilling was conducted using a reverse-circulation drill, with the first drill hole completed by March 21, 2006 when the Company was forced to put the balance of the drill program on hold due to heavy snowfall.

Drill hole PPCO # 1 was drilled to a target depth of 1,157 feet to intersect the previous mineralization found during drilling conducted by Phillips Uranium Company in the early 80's. On completion of drilling, Century Geophysical Company probed the drill hole using a Gamma-SP probe. Results indicated that the zone of previous mineralization was anomalous but not ore grade. It appears that the beryllium tuff unit, which is the host rock for the nearby Yellow Chief mine, either thins to the south or is faulted off.

On April 24, 2006 drilling resumed on Thomas Mountain, with a further two holes drilled. With the completion of these three holes, MAX satisfied its work commitment for the year and decided to suspend the balance of the drill program.

C de Baca Uranium Project, New Mexico

On September 22, 2005 MAX announced that it is acquiring a total of 108 claims in Socorro County, New Mexico. All of the claims are located on U.S. Forest Service Lands.

The claims have been previously explored for uranium and are being acquired pursuant to an agreement with Applied Geologic Services, Inc. of Denver, Colorado. Consideration for the acquisition of the claims (known as the "C de Baca Project") is an immediate US$10,000 cash payment with annual payments of US$10,000 until production. After production, a royalty of 2% of revenues is payable until such time as a total of US$500,000 (including the initial cash payment and annual payments) has been paid. The obligation to make payments to Applied Geologic Services can be terminated at anytime by the Company by providing notice that it is abandoning the Claims and agreeing to transfer the Claims back to the vendor.

The C de Baca Project is located approximately 14 miles north of the town of Magdalena and 100 miles south of the town of Albuquerque, New Mexico. The claims have excellent road access by both graveled and cross county roads.

The C de Baca Project was explored during the early 1980's by OxyMin, a wholly-owned subsidiary of Occidental Petroleum. The uranium host is a 3500+ foot wide south-trending sequence of strongly reduced braided stream deposits grading into a system of alluvial fan and flood plain sediments. This geochemically well-defined depositional trend favors uranium deposition along the margins of the system where the reduced (altered) sands range in thickness from 150-200 feet. During the exploration, 216 drill holes were drilled in specific areas of the claim block and roughly defined the eastern limits of the favorable system. The best drill hole had 7.5 feet of 0.20 U3O8 at a depth of 291 feet. Due to the geological formations in the area, OxyMin felt that the property may be amenable to "in-situ leaching "("ISL"), subject to further exploration.

Diamond Peak, Nevada

In July, 2006 MAX entered into an Option Agreement to acquire a 100 % interest in the FMC claims in Eureka County, Nevada, the "Diamond Peak Property", from The Wendt Family Trust of Reno, Nevada. The Wendt Family Trust is controlled by Clancy J. Wendt, the Vice President of Exploration for MAX.

The Diamond Peak Property is a historic MK Gold Gold/Base Metal property that was explored during the late 1990's and is located at the southern end of the prolific Carlin trend, which contains numerous gold deposits. The property comprises 38 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.

During the work done by MK in 1999, which included 17 holes and 10,085 feet of drilling, they encountered significant values of gold and base metals that included:

* 5 feet of 0.067 oz/st Au in hole DV 99-4 and 5 feet of 0.062 oz/st Au in hole DV 99-5; and
* 11.6 % of Zinc over 5 feet within 60 feet of surface along the West Fault in the Chainman formation in hole DV 99-15.


Although no extensive intervals of mineralization were encountered, the drilling did indicate that more work was needed to find an economic mineralized system. The recommendations by MK Gold were to continue exploration and drill deep (>2,000 foot) diamond drill holes to the Web and Joana formations.

At the time, the base metal values were not considered as important and were not part of further considerations. Current prices of zinc, silver, and lead make this a very important target for further exploration. There are three intrusives that contain significant base and precious metal signatures along their edges. These have not been drilled and could contain skarn mineralization that may be economic. Future exploration would include conducting geophysical surveys to better define the intrusive contacts and define drill targets for future work.

The terms of the Option Agreement call for the issuance to the Wendt Family Trust of 100,000 shares of the Company and the following rental payments (in U.S funds):

Date Payment Amount
Upon execution of the Agreement $25,000
First anniversary of Effective Date $35,000
Second anniversary of Effective Date $45,000
Each anniversary thereafter $50,000


These rental payments shall not be credited against the Royalty or the Purchase Price of US$300,000. If the Option to Purchase the Property is exercised during the term of the rental payments, no further property rental payments will be due. The Diamond Peak property is subject to a 3% NSR royalty.

Diamond Peak property joint ventured to Kokanee
On May 18, 2006 MAX entered into an Option Agreement with Kokanee Placer Ltd. (Kokanee") a private B.C. company, whereby Kokanee can earn a 51% interest in MAX's Diamond Peak property in Eureka County, Nevada.

In order to earn its interest, Kokanee has agreed to pay US$25,000 (which has been paid), issue 100,000 shares to MAX and make the following annual payments:

1) Issue 200,000 shares to MAX on the first anniversary date and pay an additional US$35,000 in either cash or shares, subject to a minimum of 200,000 shares of Kokanee;

2) Issue 300,000 shares to MAX on the second anniversary date and pay an additional US$45,000 in either cash or shares, subject to a 300,000 share minimum;

3) Pay US$100,000 to MAX on the third anniversary date, in either cash or shares, with a 600,000 share minimum; and

4) issue 1,000,000 shares of Kokanee to MAX on commencing commercial production.

The Option will be for a term of three (3) years and requires work commitments of US$100,000 in the first year, US$300,000 in the second year and $600,000 in the third year.

quelle: http://www.maxresource.com/s/CorpHistory.asp

[No Use for a Na]

Antwort auf Beitrag Nr.: 28.205.973 von No Use for a Na am 09.03.07 16:53:39

fast 4% heute wieder plus - sehr stetige der anstieg atm

[No Use for a Na]

Antwort auf Beitrag Nr.: 28.262.963 von No Use for a Na am 12.03.07 22:44:25

uraniumletter covert max jetzt auch mit targetprice 2,5 Can$

http://www.goldletterint.com/documents/pdf/MAXRESOURCE_SPU_M…

[JoJo49]

April Uranium Price Outlook: Could Reach US$110/Pound
April 1, 2007
By Julie Ickes

http://www.stockinterview.com/News/04012007/April-Spot-Urani…


Gruß JoJo

[No Use for a Na]

der chart ist nach wie vor sehr schön - sieht nach einem langsamen angriff aufs ath aus!!



gruß
nufan