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MAX drills 19.03 g/t gold over 6.1 meters at Crowsnest; includes 50.26 g/t gold over 1.5 meters

Posted on: Tuesday, 24 November 2009, 03:00 CST

VANCOUVER, Nov. 24 /PRNewswire-FirstCall/ - MAX Resource Corp. (TSX.V: MXR; OTCBB: MXROF; Frankfurt: M1D) has received significant gold assays from its recent reverse circulation drill program completed at the Crowsnest project in Southeastern B.C. in October, 2009. Results included hole RC 09-7 which returned 19.03 grams per tonne (g/t) gold over 6.1 meters, including 1.5 meters of 50.26 g/t gold.

A total of 26 reverse circulation drill holes totaling 799 meters were completed and two new trenches were dug, sampled and drilled to the west of the original Discovery Trench area (where MAX sampled gossan mineralization in June that returned an assay of 104 g/t Au) extending the known mineralized zone by 100 meters. Significant gold assays (over 2 g/t Au) returned from the drill program are listed below:

------------------------------------------------------------------------- Hole Angle From (m) To (m) Width (m) Gold g/t ------------------------------------------------------------------------- RC 09-2 -60 degrees 0 3.0 3.0 3.52 ------------------------------------------------------------------------- Including 0 1.5 1.5 6.67 ------------------------------------------------------------------------- RC 09-5 vertical 0 3.0 3.0 3.55 ------------------------------------------------------------------------- Including 1.5 3.0 1.5 6.40 ------------------------------------------------------------------------- RC 09-6 -60 degrees 0 6.5 6.5 6.34 ------------------------------------------------------------------------- Including 1.5 3.0 1.5 16.52 ------------------------------------------------------------------------- RC 09-7 vertical 0 6.1 6.1 19.03 ------------------------------------------------------------------------- Including 0 1.5 1.5 50.26 ------------------------------------------------------------------------- Including 1.5 3.0 1.5 23.60 ------------------------------------------------------------------------- RC 09-9 vertical 0 1.5 1.5 2.49 ------------------------------------------------------------------------- RC 09-14 vertical 0 1.5 1.5 2.07 ------------------------------------------------------------------------- RC 09-16 vertical 0 3.0 3.0 5.42 ------------------------------------------------------------------------- Including 0 1.5 1.5 6.65 ------------------------------------------------------------------------- RC 09-21 -60 degrees 16.8 18.3 1.5 3.42 ------------------------------------------------------------------------- RC 09-25 vertical 0 3.0 3.0 2.51 ------------------------------------------------------------------------- Including 1.5 3.0 1.5 3.14 -------------------------------------------------------------------------

A further six drill holes returned values ranging from 0.5 g/t to 1.86 g/t Au over minimum 1.5 meter intervals. In addition, drill hole RC 09-21 (listed above) intersected a deeper zone grading 3.42 g/t Au further to the south that might indicate a new area for exploration.

Analysis was performed by Acme Analytical Laboratories, an ISO certified facility in Vancouver, B.C., using fire assay and multi-element (ICP-ES) techniques. Standards and duplicates were used for quality control of the samples. In addition, a full Metallic Screen assay has been ordered on all samples to make sure that any coarse gold was not missed during the assay process. These results are expected to be available in early December. A map showing the location of the trenches and drill holes completed at Crowsnest is now available on our web site at www.maxresource.com.

Mr. Clancy Wendt, VP Exploration for MAX states "We are extremely pleased with our initial exploration results at Crowsnest. Not only have we intercepted high grade gold at Crowsnest but we have also extended the known area of high grade mineralization and determined that it is trending to the north, northwest and possibly to the east and is still open. In addition other mineralized areas of the property were identified and sampled during drilling. An area located due south of the Discovery Trench, along the access road, was sampled as the exposure in the side of the hill above the road (limestones overlying carbon rich zones and gossan) looked very similar to the Discovery Trench and Trench 3. Based on these exposures, there appears to be a relationship between the zone of limestone directly above a carbonaceous clay zone and then followed by limonitic/hematite gossan. This makes the zone along the access road extension one of the first exploration priorities for 2010. There are many other areas at Crowsnest where significant gold values were reported by prior operators that have never been followed up; these will be examined during the 2010 exploration program. We have not yet determined the full extent of the gold mineralization at Crowsnest."

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. Crowsnest is one of two gold exploration properties in B.C. optioned from Eastfield Resources, as announced in our news release of July 27, 2009.

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.

About MAX Resource Corp. ------------------------

MAX Resource Corp. is a Canadian based exploration company with a diversified portfolio of mineral exploration projects in Canada and the Western United States. Our properties include Gold in Alaska, Nevada and British Columbia, Uranium projects in the south western U.S. and northern Canada, and Molybdenum in Alaska and Nevada. 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.

SOURCE MAX Resource Corp.

Source: PR Newswire

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