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| MAX Resource Corp. is a Canadian mineral exploration company that is focused on Molybdenum & Uranium exploration, with properties in the U.S. and Canada. In addition, it holds interests in Gold properties in Nevada, Alaska and British Columbia. Shares Issued and Outstanding: 21,599,230 Contact: Leonard MacMillan, Corporate Communication Telephone: 800 248 1872 or 604 637 2140 info@maxresource.com www.maxresource.com ________________________________________ Property Summaries: Drill programs have been completed on the Gold Hill Molybdenum discovery in Alaska and the recently acquired Howell Gold project in British Columbia. Drilling will continue on the Ravin Molybdenum property in Nevada and drilling is scheduled to begin this fall at the Indata Gold project in B.C. Initial exploration has begun on highly prospective properties acquired during 2007 in Arizona (Uranium) and Nevada (Gold). MAX is well-financed, with working capital of $6.0 million at August 31, 2008. • Alaska Molybdenum/Gold, Gold Hill (90%). MAX is earning a 90% interest from GCO Minerals. A five hole drill program in 2007 tested a minimum 700m by 800m magnetic geophysical anomaly. All holes intercepted MoS2, with strong molybdenum mineralization over long intervals in four of the holes. All of the holes but one encountered mineralization starting at surface and ending in mineralization at depth. Highlights: DH-07-01 - 250 feet of 0.080% MoS2 DH-07-03 - 1000 feet of 0.058% MoS2 (includes 45 feet of 0.18% MoS2) DH-07-05 - 352 feet of 0.0706% MoS2 A 10 hole drill program (7,664 feet) was completed in August 2008 that expanded the known area of intrusive mineralization to the north and northeast, with assay results pending. The mineralized system appears to continue to depth, and to the north and northeast, with other areas identified this summer to the northwest and west. • Nevada Molybdenum/Tungsten, Ravin Property (100%). MAX is focusing on a skarn/intrusive system containing high grade Molybdenum and Tungsten. Drilling will follow up on the results of historic work by Freeport Exploration and Houston Oil and Minerals that reported drill intercepts that included 30 ft of 0.66% Mo and 250 feet of 0.062% Mo starting at 100 feet from surface (includes 50 feet of 0.13% Mo). • British Columbia Gold, Howell and Indata Properties (60%). MAX has an option to acquire a 60% interest from Eastfield Resources (TSX.V: ETF) in the Indata project located in north-central British Columbia and the Howell property in southeastern B.C. A 1,300 metre drill program was recently completed at the Howell gold project where prior drilling has included 1.23 grams per tonne gold over 58 metres, 0.95 gram per tonne gold over 39 metres, 0.65 gram per tonne gold over 82 metres, and 0.57 gram per tonne gold over 149 metres. The last sample in this hole graded 0.44 gram per tonne gold, indicating a need to drill deeper and test the target along strike. Drilling is scheduled to begin in September at the Indata gold/copper property, where historic drilling identified two exploration targets on the property, structurally controlled precious metal veins and porphyry copper. Analogues for the precious metal veins include the Motherlode system in California in which the Pinchi fault system represents a crustal suture comparable to the Melones fault. Historic results included drill hole 88-11, drilled in 1988, which intersected altered and weakly chalcedonic veined ultramafic grading 46.2 g/t gold over 4 metres. • New Mexico Uranium, C de Baca (100%). A 14 hole drill program conducted in 2007 to follow up on historic Occidental Minerals drilling was successful in confirming historic uranium grades. Highlights included hole CDB-6, which returned 6.5 feet of 0.136% eU308 starting at a depth of 155 feet and a five foot section of 0.167% eU308 at 170 feet. All uranium mineralization was within 200-300 feet of surface. Drill permits are in place for a diamond drill program designed to detail and investigate the higher grade mineralized zones. • Arizona Uranium, NUSTAR Project (100%). MAX is targeting uranium breccia pipe mineralization common to the “Arizona Strip” of the Colorado Plateau in northwest Arizona. The NUSTAR property is on trend with existing uranium mines, with Quaterra Resources (Amex: QTA) having recently announced two new uranium discoveries in the area. Thirty-four collapsed structures indicative of breccia pipes have been identified at NUSTAR, with a radon survey to be conducted in late 2008 to prioritize drill targets. In addition to these projects, MAX holds a 100% interest in the East Manhattan Wash gold project in Nevada. Surface sampling conducted in 2007 returned values from 0.054 to 1.01 ppm Au, with free gold visible in the fines. The system is located eight miles south of Kinross Gold’s Round Mountain mine (+ 12 million oz gold produced to date) within the prolific Manhattan Mining District, Nye County, Nevada. Management and Directors: • Stuart Rogers, President – Mr. Rogers has been involved in the venture capital community since 1987. He is currently the President of West Oak Capital Group, Inc., a privately held investment banking firm specializing in the early stage finance of resource and technology projects through the junior capital markets in Canada and the United States, and has served as a director of client companies listed on the TSX Venture Exchange, the Toronto Stock Exchange, NASDAQ Small Cap and NASD OTC Bulletin Board. • Clancy Wendt (P.Geo), Vice-President Exploration– A consulting geologist credited with the Mt. Hamilton molybdenum/gold discovery in the Carlin Trend of Nevada, Mr. Wendt has prior experience in gold, silver, base metal and uranium exploration with such notable exploration companies as Phillips Uranium, Teton Exploration, Duval and Westmont. He has conducted all phases of uranium, gold and base metal exploration, from conceptual targeting to drilling and evaluation, with extensive experience in the United States and Mexico as well as Central and South America. • Daniel MacInnis (P. Geo), Director - Currently the President and Chief Executive Officer of MAG Silver Corp. (TSX: MAG; AMEX: MVG) Mr. MacInnis has over 30 years of experience in property acquisitions and joint venture negotiations, with a significant number of mineral discoveries having been made under his guidance. In addition, he has managed and directed multi-million dollar exploration programs for Noranda Exploration, Battle Mountain Gold/Hemlo Gold, and Sargold Resources. • Tim Coupland, Director - President of Alberta Star Development Corp. (TSX-V: ASX), a well-financed exploration company focused on uranium exploration in the Northwest Territories of Canada. • David Pearce, Director, CFO – Mr. Pearce owns a private real estate development and investment company and was a founding shareholder and director of MAG Silver Corp. |
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