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MAX Resource ( (TSE:MAX) ) has issued an update.
Max Resource Corp. has secured the rights to acquire 100% of the Mora Gold-Silver Title, located adjacent to the Marmato Gold Mine and the Apollo Gold Discovery in Colombia. This acquisition positions Max Resource strategically within a prolific gold mining region, potentially enhancing its exploration capabilities and market presence. The Mora Title, notable for its historic workings and active mines, is expected to provide significant exploration opportunities due to its geological similarities with nearby major deposits. This move could have substantial implications for Max’s operations and stakeholders, as it aims to be the first to conduct extensive exploration on the property.
More about MAX Resource
Max Resource Corp. is a company operating in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily involved in the acquisition and exploration of gold and silver properties, with a significant market focus on the Middle Cauca Gold Belt in Colombia.
Average Trading Volume: 88,803
Technical Sentiment Signal: Strong Sell
Current Market Cap: C$7.2M
For detailed information about MAX stock, go to TipRanks’ Stock Analysis page.