
Core Viewpoint - MAX Resource Corp. has reported significant assay results from its Sierra Azul Copper-Silver Project, including a new target discovery and an increased exploration budget for 2025, indicating strong potential for large-scale copper-silver discoveries in the region [2][4][7]. Exploration Results - The exploration target at AM-13 has been expanded to 1,500 meters by 100 meters, with notable copper-silver mineralization identified over this area [6][11]. - Recent composite channel assay results include: - 1.6% Copper and 6 g/t Silver over 55.0 meters - 1.6% Copper and 7 g/t Silver over 49.0 meters - 1.0% Copper and 6 g/t Silver over 26.0 meters [6][16]. New Target Discovery - A new Manto-style target, AM-15, has been discovered approximately 1,000 meters northwest of AM-13, with early work suggesting a large target footprint [4][17]. - Initial assay results from AM-15 include: - 4.0% Copper and 35 g/t Silver over 2.0 meters - 0.7% Copper and 7 g/t Silver over 12.0 meters [20]. 2025 Exploration Budget - The company has approved a fully funded exploration budget of US$ 4.8 million for 2025, which is a 14% increase compared to 2024 [7][21]. - The budget will focus on three components: Drill Target Development, District Scale Exploration, and Basin Scale Prospectivity Analysis [21][24]. Geological Context - The Sierra Azul Project is located in a region with geological similarities to the Manto deposits of northern Chile, which have historically hosted significant copper resources [14][30]. - The project area spans 120 kilometers and includes three districts: AM, Conejo, and URU, with a total land tenure of 188 km² [30][38].