MAX intersects Uranium at C de Baca with 6.5 feet of 0.136% eU(3)0(8) and 5 feet of 0.167% eU(3)0(8)



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

    VANCOUVER, June 19 /CNW/ - MAX Resource Corp. (TSX-V: MXR; OTC BB: MXROF)
is pleased to announce that it has received results from six drill holes,
CDB-2 to CDB-7, at its 100% owned C de Baca uranium project in Socorro County,
New Mexico. The highlight from the drill program is Hole CDB-6 which returned
6.5 feet of 0.136% eU3O8 beginning at a depth of 155.5 feet (including
0.368% eU3O8 from 157.5-159.0 feet) and 5 feet of 0.167% eU3O8 from 170 -
175 feet.
    The results were measured for MAX through gamma ray probe readings in
Holes CDB-2 through CDB-7 as carried out by Jet West Geophysical Services LLC
of Farmington, New Mexico. Results include the following:

    
    MAX Hole No.     Total Depth   Interval         Mineralization
    -------------------------------------------------------------------------
    CDB-2            347 feet      270.0-282.0      0.0226% eU(3)0(8)
    CDB-3            347 feet      261.5-264.5      0.031% eU(3)0(8)
                                   293.0-297.0      0.014% eU(3)0(8)
    CDB-4            181 feet      160.5-164.0      0.036% eU(3)0(8)
    Including                      162.0-162.5      0.07% eU(3)0(8)
    CDB-5            210 feet      180-182.0        0.019% eU(3)0(8)
                                   184.5-190.0      0.074% eU(3)0(8)
    Including                      186.5-189.0      0.173% eU(3)0(8)
    CDB-6            200 feet      155.5-162.0      0.136% eU(3)0(8)
                                   170.0-175.0      0.167% eU(3)0(8)
    Including                      157.5-159.0      0.368% eU(3)0(8)
    Including                      173.0-173.5      0.76% eU(3)0(8)
    CDB-7            235 feet      201.0-208.0      0.052% eU(3)0(8)
    Including                      205.0-207.0      0.094% eU(3)0(8)
    

    The uranium intercepts reported to date from this program at C de Baca
confirm historic drill results by Occidental Minerals ("Oxymin") from
exploration programs carried out in the early 1980's. The current 14 hole
drill program is designed to test and confirm the historic Oxymin drilling
data.
    The C de Baca Project is located 14 miles north of the town of Magdalena
and 100 miles south of Albuquerque, New Mexico. The property consists of 108
uranium claims previously explored by Oxymin in the 1980's. Oxymin drilled 216
holes and had a best intercept of 7.5 feet of 0.20% U(3)O(8) at a depth of
291 feet. This drilling outlined an exploration target of 1.67 million tons
grading 0.18% U(3)O(8) (approximately 6 million lbs of U(3)O(8)). This
information is taken from data acquired by MAX and includes drill logs and
thickness maps from the original work done by Oxymin. This report by
Occidental Minerals was not compliant with National Instrument 43-101 and
predates NI 43-101. The historic information provided 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. MAX intends to
upgrade any historic resource figures to comply with NI 43-101 reporting
standards on completion of drilling.

    QA/QC, Quality Assurance/Quality Control: Gamma, Spontaneous Potential
(SP), and Resistivity values were logged by Jet West Geophysical Services LLC
of Farmington, New Mexico. The Gamma portion of the downhole logging tool was
calibrated by uranium-industry standard values located in mines at Grants, New
Mexico. In situ uranium grades, expressed as equivalent U3O8 ("eU3O8") are
calculated using the digital gamma ray values acquired by the downhole logging
tool and uranium industry standard techniques for gamma log interpretation.
Downhole gamma log interpretation has historically been found to be an
accurate representation of in situ grades for uranium mineralization in the
Magdelana District. Chemical assays of samples will be done and used to
determine relative trace element concentrations as a guide to future drilling.

    Qualified Person: The C de Baca Uranium Project is managed by Mr. Clancy
J. Wendt, P. Geo., and a Qualified Person as defined by National Instrument
43-101 guidelines. This Press Release has been prepared and revised under the
supervision of Clancy Wendt, VP Exploration for Max Resource Corp. Stewart
Brothers of Grants, New Mexico is the drilling contractor.

    About MAX Resource Corp.
    ------------------------
    MAX Resource Corp. is a Canadian mineral exploration company focused on
Uranium exploration, with properties in the U.S. and Canada. In addition, it
holds highly prospective gold properties in Nevada and Alaska that have
additional potential for Molybdenum (Alaska) and Zinc (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


    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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