TSX-V: MXR
OTC BB: MXROF
Frankfurt: M1D
VANCOUVER,
Feb. 22, 2012 /PRNewswire/ - MAX
Resource Corp. (TSX.V: MXR; OTCBB: MXROF; Frankfurt: M1D) is
pleased to announce the appointment of Ian
Smith, B.E. (Mining) Hons, F.AusIMM, CP Mgmt, as a director
of the Company.
Mr. Smith graduated from the University of Queensland, Australia with a degree
in mining engineering and has over 40 years of international
experience in corporate development, operations, project management
and consulting within the base, precious metals and coal
industries. Mr. Smith is the President and Chief Executive Officer
of Yellowhead Mining Inc. (TSX.V: YMI) which is in the process of
preparing a detailed Feasibility Study on the Harper Creek
copper-gold-silver project in south central B.C., potentially one
of the largest copper development projects in Canada.
Mr. Smith is a director of several public
companies, and is President and CEO of Santa Fe Metals
Corp. He was recently President and CEO of bcMetals Corp.,
which had engineered the Red Chris copper/gold porphyry project for
development in northwest BC prior to being acquired by Imperial
Metals Corp. His involvement with large scale open pit copper
operations at a senior management level includes Bougainville
Copper in Papua New Quinea,
La Caridad in Mexico and the Zambian Copperbelt. Mr. Smith
was President and a founding partner of one of North America's most successful mining
industry consulting companies until it was purchased by Canadian
interests in 1995.
Clancy Wendt, VP
Exploration of MAX, states "I have had the opportunity to work with
Ian on a number of projects in the past and am very pleased to have
him bring his expertise to MAX, where the recent discovery of
high-grade copper and silver mineralization during drilling in 2011
at our Majuba Hill project in Nevada serves to confirm our theory that
Majuba Hill is an extensive copper/silver/gold porphyry system that
is highly prospective for the development of a bulk-tonnage open
pit deposit."
In conjunction with this appointment MAX has
agreed, subject to regulatory approval, to grant incentive stock
options to directors and officers on up to 675,000 common shares at
an exercise price of $0.25 per share
for a period of three years.
About MAX Resource Corp.
MAX Resource Corp. is a Canadian exploration
company focused on gold and silver exploration in 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.