Posted in | Gold

MAX Re-Assays Two Drill Holes from East Manhattan Wash Gold Project

MAX Resource Corp. has re-assayed the two drill holes from East Manhattan Wash announced September 12 2014 using a different laboratory as well as a 1000 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 1000 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 we now have will be considered, in conjunction with the extensive surface sampling data we have 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. an ISO 17025 certified facility in Sparks, Nevada, using fire assay with an AA finish. Standards and duplicates were used for quality control of the samples. A larger 1000 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.

Source: http://www.maxresource.com/

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