MAX begins drill program at Gold Hill Molybdenum Project, Alaska



    TSX-V Symbol: MXR
    OTC BB Symbol: MXROF
    Frankfurt: M1D

    VANCOUVER, June 17 /CNW/ - MAX Resource Corp. (TSX.V: MXR; OTCBB: MXROF;
Frankfurt: M1D) is pleased to announce that drilling has commenced at Gold
Hill in Alaska, following up on a five hole drill program MAX conducted in
2007 that intersected significant molybdenum mineralization (MoS2) over long
intervals starting at surface and ending in mineralization at depth in four of
the holes.
    MAX's 2007 drill program was testing a broad Molybdenum/Copper/Gold
geochemistry and geophysical magnetic anomaly covering at least a 700 by
800 meter area. Highlights from the 2007 drill program included:

    DH-07-01 - 250 feet of 0.080% MoS2
    DH-07-03 - 1000 feet of 0.058% MoS2 (including 45 feet of 0.18% MoS2)
    DH-07-04 - 250 feet of 0.0603% MoS2
    DH-07-05 - 352 feet of 0.0706% MoS2

    This first drill hole of the 2008 program will test the zone to the east
of drill hole DH-07-05 and examine the continuation of the high grade
mineralization encountered in drill hole DH-07-01 and under drill hole
DH-07-03.
    Drill hole DH-07-05 was an angled drill hole designed to test across the
mineralization that was intersected in drill holes DH-07-02 and DH-07-03. The
hole did not cut the entire interval and mineralization was visibly increasing
at the bottom of the drill hole as it neared the projection of the main zone.
This hole will be continued this drill season.
    Prior drilling reported by the New Alaska Syndicate (Cities Services
Minerals and Dome Mines Ltd.) at Gold Hill in the 1970's included drill hole
DDH 77-2, which intersected quartz-molybdenum +/- copper grading 536 feet of
0.048% MoS2, starting at surface, with a higher grade interval from 350-500 of
0.094% MoS2. Their drilling never tested the significant magnetic anomaly that
coincides with the mineralization or the surrounding sedimentary rocks.
Further, six of these drill holes, which will be tested this year, bottomed in
mineralization and were never drilled to test the contact between the magnetic
intrusive and the sedimentary host. The deepest drill hole during this time
was one 500 foot angle drill hole drilled oblique to the strike of the
sediments.
    The Gold Hill property comprises 8,520 acres located approximately
212 miles north northeast of Anchorage and is accessible to within five air
miles of the property by the all-weather unpaved Denali Highway (State Highway
8).
    A National Instrument 43-101 Geological Report was completed on the Gold
Hill project in July 2004 and can be viewed on SEDAR or at
www.maxresource.com. The historic information provided in this news release is
for reference only and the reader should not infer or assert that the
information is correct, reliable, relevant or accurate and should not be
relied upon. There are no resources and reserve estimates relating to the
Claims and the original target estimate by Dome and Cities Service is
historical in nature, has not been verified by the issuer's qualified person,
may not be relevant and should not be relied upon.
    Clancy J. Wendt, P. Geo., has acted as the qualified person for this
disclosure, as defined in NI 43-101, and has supervised the preparation of the
technical information in this news release.

    About MAX Resources

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

    
       THE CONTENTS OF THIS NEWS RELEASE HAVE NEITHER BEEN APPROVED NOR
                   DISAPPROVED BY THE TSX VENTURE EXCHANGE.
    

    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.





For further information:

For further information: Leonard MacMillan, Corporate Communication,
Telephone: (800) 248-1872 or (604) 637-2140, info@maxresource.com;
www.maxresource.com

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