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MAX completes soil sampling and additional drilling at Majuba Hill copper/silver project in Nevada

08.08.2011  |  CNW

VANCOUVER, Aug. 8, 2011 /CNW/ --
TSX-V Symbol: MXR


OTC BB Symbol: MXROF


Frankfurt: M1D


VANCOUVER, Aug. 8, 2011 /CNW/ - MAX Resource Corp. (TSX.V: MXR) (OTCBB: MXROF) ( Frankfurt: M1D) has completed an extensive soil sampling program across a surface area
in excess of 5,000 x 2,500  meters (m) at its Majuba Hill
copper/gold/silver project in Pershing County, Nevada.  A total of 834
soil samples were taken.  As a result of this exploration activity,
additional targets have been identified and the seven hole drill
program at Majuba Hill was expanded to include an additional hole on
one of these new exploration targets.  A total of 1,112 meters of core
drilling was completed at Majuba Hill; assay results from both programs
are pending.


The results of this soil sampling will assist in identifying high
priority drill targets for further drilling planned for late fall at
three new untested target areas at Majuba Hill that could significantly
expand the mineralized zone.  Along the northwest side of the Majuba
Hill property, extensive sampling was undertaken to follow up on silver
(Ag) values up to 980 g/t Ag, as well as 2% Copper (Cu), reported by
Minterra Resource Corp. in 2008.  In the southern portion of the
property area, sampling followed up on values of up to 792 g/t Ag
reported near the site of the Last Chance Silver Mine.  The Last Chance
Silver Mine is a past producing mine, where production of 40 opt silver
was reported in the early 1900's.  In addition, sampling was undertaken
on the newly identified 'Ball Park' target area one km east of the
Copper Stope target area (where drilling was just completed), following
up on previously reported sample values of 106 g/t Ag and 3.6% Cu.


The current drill program at Majuba Hill commenced in June 2011 on
patented land at the Copper Stope target area, the site of the past
producing Majuba Hill mine. The drill program was designed to expand
and define the extensive zones of high grade copper/silver
mineralization identified during reverse-circulation drilling conducted
by Minterra in 2007.  Highlights of Minterra's drilling included 145 feet at 1.85 opt Ag and 0.49% Cu, inclusive of 15 feet at 5.1 opt Ag (hole MH-6) and 100 feet at 0.99 opt Ag, inclusive of 15 feet at 4.0 opt Ag (hole MH-5). Of 7 holes drilled by Minterra at the Copper Stope target,
6 holes reported currently economic grades of copper/silver
mineralization. The mineralized system is currently open to the north,
east and west and to depth.


MAX believes that Majuba Hill is a newly defined large scale
intrusive-type porphyry system that is highly prospective for the
discovery of new zones of economic copper/silver mineralization. The
site of numerous past producing mines, with historic production
reported of 12% Cu (Mason Valley Copper in 1918) and silver grades up
to 40 opt Ag, Majuba Hill encompasses 2,568 acres of surface and
mineral rights that include patented lode mining claims. The property
lies 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) and is easily accessed via 23 miles of well-maintained dirt
roads leading from U.S. Interstate 80.


For more detailed information on the Majuba Hill copper/silver project,
including project maps, please visit our web site at www.maxresource.com.


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. The 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, where
four gold and silver properties are 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/August2011/08/c2153.html

Contact: Leonard MacMillan, Corporate Communication

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

info@maxresource.com      www.maxresource.com



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