Facebook Users

Will MXROF go up?

MXROF Max Resource Corp featured news, full reports, and detailed charts

Max Resource Corp (MXROF/MXROF.OB) Wrap Up:

Max Resource Corp., an exploration stage company, engages in the exploration and development of mineral properties in the United States and Canada. It primarily explores for uranium projects in the south western U.S. and northern Canada; molybdenum in Alaska and Nevada; and gold in Nevada and British Columbia. The company, formerly known as Vancan Capital Corp., was incorporated in 1994 and is based in Vancouver, Canada.
www.maxresource.com
Founded in 1994

Max Resource Corp (MXROF:OTC Bulletin Board Market)

LAST $0.56 USD
CHANGE TODAY +0.018 3.32%
VOLUME 10.0K
As of 2:45 PM 11/20/09 All times are local (Market data by Reuters is delayed by at least 15 minutes).

Snapshot of Max Resource Corp (MXROF)

OPEN
$0.56
PREVIOUS CLOSE
$0.54
DAY HIGH
$0.56
DAY LOW
$0.56
52 WEEK HIGH
11/20/09 - $0.56
52 WEEK LOW
12/31/08 - $0.04
MARKET CAP
12.2M
AVERAGE VOLUME 3 mo
8.3K
DILUTED EPS TTM
--
SHARES OUTSTANDING
21.7M
MXROF Does Not Pay Dividends
P/E TTM
NM
K = Thousands  M = Millions  B = Billions

MXROF Top Compensated Officers

No compensation data is available at this time for the top officers at this company.

Executives, Board Directors

Key developments for Max Resource Corp (MXROF)

Max Resource Corp. Receives Assay Results from Additional Soil Sampling Completed at the East Manhattan Wash Gold Project in Nevada

Max Resource Corp. has received assay results from additional soil sampling completed at the East Manhattan Wash gold project in Nevada. The sampling was designed to further delineate the geometry of the native gold mineralization in the two main areas of interest, the 'Gold Pit' and the 'Old Drill Hole Grid', which sampling now indicates are joined. A total of 138 samples were taken, with significant values ranging from 0.05 ppm to 1.5 ppm gold. The total mineralized zone now encompasses an area 5,500 by 1,500 feet in size while still remaining open to the north, east, and west. MAX staff also sampled historic prospector pits to the southeast of the Old Drill Hole Grid and returned high gold values (0.96 g/t) from soils around the pits that indicate that the mineralized zone continues and may be linked to another mineralized zone sampled by MAX further south. MAX intends to fill in this zone through future soil sampling programs.

Max Resource Corp. Completes Reverse-Circulation Drill Program at the Crowsnest Gold Project in Southeastern British Columbia

Max Resource Corp. has completed 900 meters of a planned 1,200 meter reverse-circulation drill program at the Crowsnest gold project in southeastern B.C. This program explored the original discovery trench and two new trenches to the west of the original high grade sampling with close spaced drilling designed to define the mineralized structure found in each trench. Sampling of mineralization exposed by these new trenches included an assay value exceeding 100 g/t gold. A total of 26 holes were completed with initial assays from the drill program expected in November, 2009. The two new trenches, MT-2 and MT-3, have extended the mineralized zone two hundred meters to the west of the original discovery trench, MT-1. Mineralization was exposed over 20 to 40 meters along the bottom and sides of all three trenches. The central portion of the structural zone contains quartz from which was one sample was taken in each trench prior to channel sampling and the values obtained from these samples (MT-1, MT-2 and MT-3). In addition, two samples were taken of the contact zones between the highly mineralized host rock and surrounding limestone (MT-1B and MT-3B). Prior to drilling, trenches MT-2 and MT-3 were channel sampled in 5 foot intervals for their entire length; assay results are pending. During the channel sampling, panning was done along the bottom of the trenches and visible gold was found, but no values were assigned or estimated as to the amount found other than fair, good, and very good. Drilling from within the trenches followed until weather conditions dictated the end of the field program for this year. The three activities, trenching, sampling and drilling, each encountered free gold and the correlation of data will create a better understanding of the gold bearing system. The Crowsnest gold project consists of 15 claims totaling 3,142 hectares located in Southeast B.C., one and one half hours by gravel road south of the town of Fernie.

Max Resource Corp. Begins Drilling at Crowsnest Gold Property in Southeastern B.C

Max Resource Corp. has commenced a minimum 1,200 meter reverse-circulation drill program at the Crowsnest gold project in southeastern B.C. This program will continue to explore the discovery trench area with close spaced drill holes to find the extent of the high grade mineralization and to define the direction and extent of the mineralized structure. The discovery trench area was discovered by Phelps Dodge Corporation in 1994 and trenched by Eastfield Resources Ltd. in 1999, resulting in a trench intercept of 8.57 g/t gold over 16.5 metres. A sample of gossan mineralization taken near this site by MAX in June 2009 returned an assay of 104 g/t Au. Several previous operators at Crowsnest, including Placer Dome Inc. and Phelps Dodge, have suggested a number of comparables exist between the Crowsnest Project and the Cripple Creek deposit located in Colorado. These comparables include the tectonic setting, alkalic intrusive association and occurrence of tellurium. Cripple Creek, in production since 1890, has produced in excess of 23.3 million ounces of gold (to 2005) and continues to be mined by Anglo Ashanti Gold Mining.

otc, otcbb, pinksheet, MXROF, ob Max Resource Corp

MXROF Competitors

Company Last Change
No competitor information is available for MXROF.
Market data is delayed at least 20 minutes.

Industry Analysis

Valuation MXROF Industry Range
Price/Earnings NM Not Meaningful
Price/Sales -- Not Meaningful
Price/Book 1.5x
Price/Cash Flow NM Not Meaningful
TEV/Sales -- Not Meaningful

MXROF

 | 

MXROF transactions

Type
Date
Target
No transactions in the last 6 months.

More Recent News About Max Resource Corp

Would you like to leave a comment about Max Resource Corp MXROF/MXROF.OB

Besides Max Resource Corp there is more great information available at Realpennies.com