MAX intercepts 8.20 g/t Gold over 0.3 m, 209.0 g/t Silver over 0.5 m at Indata



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

    VANCOUVER, Jan. 7 /CNW/ - MAX Resource Corp. (TSX.V: MXR; OTCBB: MXROF;
Frankfurt: M1D) has received the assays from five diamond drill holes (1,035
metres) completed in October on the Indata Property in northern B.C., located
120 kilometres north of the town of Fort St. James.
    There are two exploration targets on the Indata property, a porphyry
copper target and a structurally controlled precious metal vein target. The
2008 exploration program consisted of one drill hole (08-I-01) in the porphyry
copper target and four holes (08-1-02 to 08-I-05) in the precious metal vein
target.
    The precious metal target was tested over a distance of 1,500 metres
following the uphill trace of a soil arsenic anomaly believed to define a
structural feature which has previously returned a number of gold-silver
intercepts, including a 4.0 metre intercept grading 46.20 g/t gold (arsenic,
antimony and bismuth have historically accompanied gold mineralization) from a
1988 drill program by Imperial Metals Corp. A number of core samples from the
recent drilling returned values exceeding 10,000 parts per million arsenic
with correspondingly high values in antimony and bismuth along with a number
of narrow gold and/or silver intercepts. Significant results are summarized as
follows:

    
    -------------------------------------------------------------------------
    Hole              From        To    Metres    Copper      Gold    Silver
                                                       %       g/t       g/t
    -------------------------------------------------------------------------
    08-I-01           18.3     181.7     163.4      0.14         -         -
    -------------------------------------------------------------------------
    including        123.0     150.0      27.0      0.27         -         -
    -------------------------------------------------------------------------
    08-I-02           76.5      76.8       0.3      0.18      8.20       4.4
    -------------------------------------------------------------------------
    08-I-03           36.7      38.3       1.6      0.14      0.42      79.9
    -------------------------------------------------------------------------
    including         37.2      37.7       0.5      0.13      0.40     209.0
    -------------------------------------------------------------------------
    

    Mineralization being targeted at Indata is modeled after the prolific
Motherlode deposits in California, where cumulative production has exceeded in
excess of 100 million ounces of gold. A key assumption to the model is the
similarity of the Pinchi Fault in the Indata region of central B.C. to the
Melones Fault in the Motherlode region of California. New exposures of
precious metal mineralization, located 800 to 2000 metres further to the
north, were made in 2007 when excavator trenches exposed narrow veins which
returned samples including 17.16 g/t gold and 9.84 g/t gold respectively. The
2007 vein material was again found to be highly anomalous in arsenic, bismuth,
antimony, mercury, selenium and tellurium, providing a signature for gold
mineralization of this type. This area was not tested in the current program
and a robust soil anomaly also discovered in 2007 remains to be tested as
well.
    MAX is currently reviewing the 2007 exploration data along with data from
the 1988/89 Placer Dome funded exploration program with a view to better
understanding the mineralized system at Indata. Clancy Wendt, P.Geo., VP
Exploration for MAX states, "We are pleased that we have confirmed high grade
values from historic exploration in drill hole 08-01-02 and will be modelling
the work done in the eighties and nineties to better define the structurally
controlled target. Examination of the 2007 exploration trenches will also help
to understand the system and to locate drill targets for consideration during
the 2009 exploration season".
    Analysis was performed by Acme Analytical Laboratories, a certified
facility in Vancouver, B.C., using multi-element (ICP-ES) techniques. Bruce
Laird, P.Geo. of Mincord Exploration Consultants Ltd. supervised the 2008
drilling program and sampling protocol. 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.
    Indata is one of two exploration projects in British Columbia optioned
earlier this year from Eastfield Resources Ltd. (TSX.V:ETF), as announced in
our news release of June 9, 2008.

    
    About MAX Resource Corp.
    ------------------------
    MAX Resource Corp. is a well-financed Canadian based 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 TSX Venture Exchange does not accept 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.





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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