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MAX begins exploration at historic Majuba Hill Copper/Gold/Silver Property in Nevada; excavation underway for April drill program

30.03.2011  |  CNW

VANCOUVER, March 30 /CNW/ --
TSX-V Symbol: MXR                  


OTC BB Symbol: MXROF


Frankfurt: M1D


VANCOUVER, March 30 /CNW/ - 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.  Our initial exploration program is designed to
expand and define the current zones of copper/silver mineralization as
well as explore new areas of the property where significant gold and
silver values have been reported but not yet followed up.


Majuba Hill encompasses 2,313 acres of surface and mineral rights
consisting of patented and unpatented lode mining claims and private
mineral rights.  Majuba Hill is 30 miles northwest of Coeur d'Alene's
Rochester Mine, which has produced 127 million ounces of silver and 1.5
million ounces of gold since 1986.  The property is located halfway
between the Florida Canyon Mine (Jipangju) and the Hycroft Mine (Allied
Nevada Corporation) within the Western Nevada Gold Belt and is easily
accessed via 23 miles of well-maintained dirt roads leading from U.S.
Interstate 80.


Initial Exploration Targets - Myler and Last Chance


Initial drilling at Majuba Hill will explore two areas, the Myler Target Area and the Last Chance Mine.


Since 1907, production and exploration at Majuba Hill has produced
outstanding copper results with associated silver and gold.  Published
production data show that prior to 1947 Mason Valley Mines Co. and
Greenan-Kerr produced 4,000 tons @ 12 % Cu and slightly less than 23,000 tons @ 4% Cu respectively in the Myler Target Area.  During reverse-circulation drilling at the Myler Target area in
2007-2008, Minterra Exploration reported a number of high-grade drill
intercepts, such as 145 ft @ 1.85 opt Ag and 0.49% Cu, inclusive of 15 feet @ 5.01 opt Ag (hole MH-6) and 100 ft @ 0.99 opt Ag, inclusive of 15 feet @ 4.00 opt Ag (hole MH-5).


The Last Chance Mine was developed along a fault with a trend similar to the Majuba Fault.
Last Chance operated intermittently and produced silver (up to 40 opt Ag), lead (up to 15%), and gold (up to 0.10 opt Au) from an 830 foot tunnel and a 117 foot deep shaft. No drilling or
exploration appears to have ever been completed down dip or along the
strike of the fault at Last Chance.


Subsequent exploration at Majuba Hill will be expanded to include the Line Drive Adit and Section 35 areas. Mine Finders and Minterra conducted initial soil and rock
sampling at both the Line Drive Adit and Section 35 that indicates that
they are highly prospective for gold as well as copper and silver, with
rock chip samples reported as high as 10 g/t Au and 981 g/t Ag. 


This news release has been reviewed by Clancy J. Wendt, P. Geo, a
qualified person as that term is defined under National Instrument
43-101.  Any historic information provided has not been verified by MAX
and is for reference only.


About MAX Resource Corp.


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 precious metals in Nevada, with
four gold and silver properties being actively explored in 2011.  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


Neither the TSX Venture Exchange nor its Regulation Services Provider
(as that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.


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.

To view this news release in HTML formatting, please use the following URL: http://www.newswire.ca/en/releases/archive/March2011/30/c7656.html

Leonard MacMillan, Corporate Communication

Telephone: (866) 331-5088 or (604) 637-2140

info@maxresource.com      www.maxresource.com



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