MAX Resource (TSE:MAX) has released an update.
Max Resource Corp. has announced an Earn-In Agreement with Freeport-McMoRan Exploration Corporation, allowing Freeport to acquire up to 80% of the Cesar Copper-Silver Project in Colombia. The deal involves Freeport investing C$50 million and making cash payments of C$1.55 million to Max. Max Resource CEO Brett Matich expressed confidence in Freeport’s expertise contributing to the project’s success, highlighting the Cesar Project’s potential for a world-class deposit.
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