MAX provides exploration update and plans for 2008

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

    VANCOUVER, Jan. 15 /CNW/ - MAX Resource Corp. (TSX.V: MXR; OTCBB: MXROF;
Frankfurt: M1D) is pleased to provide an update and an outline of plans to
follow up on drilling success achieved during exploration initiatives in 2007.
    Aggressive drill programs are planned for its Gold Hill molybdenum
discovery in Alaska and on the C de Baca uranium project in New Mexico. Drill
campaigns and exploration programs are also contemplated on several highly
prospective exploration properties acquired during 2007 in Nevada (Molybdenum)
and Arizona (Uranium).
    MAX has over $7.8 million in working capital as at December 31, 2007 and
has the resources to move our exploration portfolio forward through successful

    Planned exploration activities for 2008 include:

    Gold Hill molybdenum project, Alaska (90% MAX)
    -   MAX is earning a 90% interest from GCO Minerals
    -   Five hole drill program in 2007 tested a 700m by 800m magnetic
        geophysical anomaly.
    -   All holes intercepted MoS2, with strong molybdenum mineralization
        over long intervals in four 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
                     DH-07-05 - 352 feet of 0.706% MoS2
    -   A 12 hole drill program is scheduled to begin in June 2008 aimed at
        expanding the known area of intrusive mineralization. A secondary
        target that emerged from the 2007 program was mineralization
        identified in sediments to the east that indicate a skarn system may
        be present as well.

    Ravin Molybdenum Project, Nevada (100% MAX)
    -   MAX is focusing on a skarn/intrusive system containing high grade
        Molybdenum and Tungsten
    -   An 11 hole drill program totaling 11,000 feet will commence as soon
        as permits are in place.
    -   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 1.01% MoS2 and 250 feet of
        0.103% MoS2.

    NuStar Uranium Project, Arizona (100% MAX)
    -   Targeting uranium breccia pipe mineralization common to the "Arizona
        Strip" of the Colorado Plateau in northwest Arizona. The property is
        on trend with historic and current uranium mines.
    -   Thirty-four circular or collapsed structures indicative of breccia
        pipes have been identified on the claims.
    -   Radon survey to begin in late January to identify and prioritize
        drill targets.

    C de Baca Uranium Project, New Mexico (100% MAX)
    -   MAX conducted a 14 hole drill program in 2007 to follow up on
        historic Occidental Minerals drilling and was successful in
        confirming historic uranium grades.
    -   Highlights included hole CDB-6, which returned 6.5 feet of
        0.136% eU(3)O(8) starting at a depth of 155 feet and a five foot
        section of 0.167% eU(3)O(8) at 170 feet.
    -   All uranium mineralization was within 200-300 feet of surface.
    -   Drill permits are awaited for a diamond drill program to be conducted
        in early 2008 to detail and investigate the higher grade mineralized

    Diamond Peak Gold/Zinc Project, Nevada (100% MAX, under option to
    3rd party)
    -   The system is a typical Carlin gold system overprinted by an
        intrusive skarn occurrence.
    -   Historic drilling by MK Gold intercepted 11.6% zinc over 5 feet
        within 60 feet of surface, as well as gold intercepts of 0.062 oz/t
        over 5 feet.
    -   Kokanee Minerals can earn a 51% interest in the property by spending
        $1 Million over a three year period.
    -   Kokanee completed a "3d" IP survey at the Diamond Peak project in
        2006 and plans to drill seven holes in 2008 on completion of its IPO.

    In addition to these projects, MAX holds a 100% interest in the East
Manhattan Wash project in Nevada, which was acquired in December of 2007.
Initial work in late 2007 included surface sampling for which assays are still
pending. The system is located within the prolific gold district of Manhattan,
    This news release has been reviewed by Mr. Clancy J. Wendt, P. Geo, a
"qualified person" as that term is defined under National Instrument 43-101.
The historic information provided is for reference only and the reader should
not infer or assert that the information is correct, reliable or accurate.

    About MAX Resource Corp.
    MAX Resource is a Canadian based exploration company with a diversified
portfolio of mineral holdings 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. For more
information, please visit our web site at

    On behalf of the Board of Directors of
    MAX Resource Corp.


    Stuart Rogers

    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,,

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