# Max Resource Reports 1.6% Copper over 55 Metres at Sierra Azul

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/max-resource-reports-1-6-copper-over-55-metres-at-sierra-azul--f2e5c965-f14e-454b-8f03-32cd0ecfa6ae

Original source: https://money.tmx.com/en/quote/MAX/news/5165607733235521/max-resource-reports-1-6-copper-over-55-metres-at-sierra-azul

Publisher: tmx

Original announcement: 2025-02-25T15:31:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: MAX RESOURCE CORP.

- Ticker: MAX

- Exchange: TSX

- Region: Northeastern Colombia

- Primary commodity: Copper

- Secondary commodities: Silver

- Document categories: Drill results, Capital raise, Agreement transaction

- Extracted: 2026-09-14 11:23:40 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas summary

Max Resource Corp. announced high-grade copper and silver channel sample results from its Sierra Azul project in Northeastern Colombia, including 1.6% copper over 55.0 metres. The company also reported a significant expansion of the AM-13 exploration target and the discovery of a new Manto-style target, AM-15. A US$4.8 million exploration budget for 2025 has been approved and is fully funded by Freeport McMoRan Exploration Corporation, underscoring strong partner support for the project.

Reasoning: Max Resource has reported strong copper and silver channel sample results from its Sierra Azul project, significantly expanding the AM-13 target and discovering a new target, AM-15. The exploration program is fully funded by Freeport McMoRan, highlighting strong backing and potential for further discoveries. While the grades and widths are impressive, the results are from surface channel samples, and the company's QA/QC practices introduce a degree of uncertainty.

- Positive factor: High-grade copper and silver channel sample results over significant widths, including 1.6% copper over 55.0m.

- Positive factor: Discovery of a new Manto-style target, AM-15, expanding the project's exploration potential.

- Positive factor: Significant expansion of the AM-13 exploration target footprint to 1,500m by 100m.

- Positive factor: A fully funded US$4.8 million exploration budget for 2025 by Freeport McMoRan, indicating strong partner support and funding for future work.

- Positive factor: The project is located in a region with world-class infrastructure and the presence of global majors.

- Negative factor: The reported results are from surface channel samples, which typically have lower confidence than drill core results.

- Negative factor: The company explicitly stated it did not insert its own QA/QC standards or blanks, relying solely on the lab's QA/QC, which reduces transparency.

- Negative factor: No true width is disclosed for the channel samples, meaning the reported widths are apparent and may overstate true thickness.

Low confidence — this extraction should be reviewed alongside the original source.

Facts used in scoring: 34

## Classification and evidence

**Bonanza Intercept**

Polarity: positive

Definition: Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: Multiple copper intercepts, such as 3.4% Cu over 15.0m and 3.5% Cu over 5.0m, exceed the exceptional threshold for copper in a manto-style deposit.

Evidence · table

> 3.4

Context: 15.0

**Step-Out Extension**

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Why it applies: The document explicitly states 'Significantly Expands Footprint at AM-13' and 'Discovers new Manto-Style Target: AM-15', indicating an extension of known mineralization and a new discovery.

Evidence · text

> Significantly Expands Footprint at AM-13 Discovers new Manto-Style Target: AM-15

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: The release mentions that the technical disclosure was reviewed and approved by Tim Henneberry, P.Geo, a qualified person, and that chemical analysis was performed at ALS Laboratories.

Evidence · text

> The Company's disclosure of a technical or scientific nature in this news release was reviewed and approved by Tim Henneberry, P.Geo \(British Columbia\), a member of the Max Resource advisory board, who serves as a qualified person under the definition of National Instrument 43-101.

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: The company explicitly stated 'Max did not insert standards or blanks in the assay stream and is relying on ALS's lab QA/QC,' indicating a lack of independent QA/QC insertion by the company.

Evidence · text

> Max did not insert standards or blanks in the assay stream and is relying on ALS's lab QA/QC.

**Apparent Width Only**

Polarity: negative

Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: The reported widths are from channel samples and are presented as 'Width \(m\)' without any mention of true width or drill orientation, implying they are apparent widths.

Evidence · table

> Width \(m\)

Context: Width \(m\)

**Maiden Resource**

Polarity: neutral

Story-specific tag

Definition: First formal MRE for the project — establishes baseline but typically exploration-stage with high Inferred component. No prior estimate exists, so every change band is not applicable.

Why it applies: The discovery of AM-15 is described as a 'new Manto-style target' and 'new discovery', indicating early-stage exploration for this zone.

Evidence · text

> Discovers new Manto-Style Target: AM-15

## Extracted facts

Stored fact records: 34. Some facts used in scoring do not have a stored record.

## Drill Results (34)

### AM-13\_CS01

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-1-6-copper-over-55-metres-at-sierra-azul--f2e5c965-f14e-454b-8f03-32cd0ecfa6ae#fact-drill-facts-0)

Sierra Azul Copper-Silver Project · copper

#### Identity

- Hole ID: AM-13\_CS01
- Project: Sierra Azul Copper-Silver Project
- Commodity: copper
- Region: colombia
- Reported Region: Northeastern Colombia
- Ticker: MAX

#### Geometry

- Grade: 1
- Grade Unit: %
- Intercept: 26 m

#### Classification

- Deposit Type: manto
- Sample Type: channel

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2025-02-25T00:00:00.000Z

Reasoning: This channel sample shows a strong copper grade over a good width, contributing to the expanded AM-13 target. However, the nature of channel samples and the QA/QC disclosure temper confidence.

- Positive factor: Strong copper grade of 1.0% over a good width of 26.0m for a channel sample.

- Positive factor: Part of an expanded exploration target at AM-13.

- Negative factor: Results are from surface channel samples, which are less definitive than drill core.

- Negative factor: No true width disclosed for the channel sample.

- Negative factor: Company did not insert its own QA/QC standards or blanks.

Evidence · table

> 1.0

Context: 26.0

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Highlights AM-13: Exploration Target Increased to 1,500m by 100m Copper-silver mineralization identified over 1,500m of "

### AM-13\_CS01

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-1-6-copper-over-55-metres-at-sierra-azul--f2e5c965-f14e-454b-8f03-32cd0ecfa6ae#fact-drill-facts-1)

Sierra Azul Copper-Silver Project · silver

#### Identity

- Hole ID: AM-13\_CS01
- Project: Sierra Azul Copper-Silver Project
- Commodity: silver
- Region: colombia
- Reported Region: Northeastern Colombia
- Ticker: MAX

#### Geometry

- Grade: 5
- Grade Unit: g/t
- Intercept: 26 m

#### Classification

- Deposit Type: manto
- Sample Type: channel

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2025-02-25T00:00:00.000Z

Reasoning: The silver grade is moderate and supports the polymetallic nature of the mineralization, but the same limitations regarding sample type and QA/QC apply.

- Positive factor: Moderate silver grade over a good width, complementing the copper mineralization.

- Negative factor: Results are from surface channel samples, which are less definitive than drill core.

- Negative factor: No true width disclosed for the channel sample.

- Negative factor: Company did not insert its own QA/QC standards or blanks.

Evidence · table

> 5

Context: 26.0

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Highlights AM-13: Exploration Target Increased to 1,500m by 100m Copper-silver mineralization identified over 1,500m of "

### AM-13\_CS01

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-1-6-copper-over-55-metres-at-sierra-azul--f2e5c965-f14e-454b-8f03-32cd0ecfa6ae#fact-drill-facts-2)

Sierra Azul Copper-Silver Project · copper

#### Identity

- Hole ID: AM-13\_CS01
- Project: Sierra Azul Copper-Silver Project
- Commodity: copper
- Region: colombia
- Reported Region: Northeastern Colombia
- Ticker: MAX

#### Geometry

- Grade: 1.6
- Grade Unit: %
- Intercept: 7 m

#### Classification

- Deposit Type: manto
- Sample Type: channel

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2025-02-25T00:00:00.000Z

Reasoning: This sub-interval shows a significantly higher copper grade, highlighting the potential for high-grade zones within the AM-13 target, despite the limitations of channel samples.

- Positive factor: High-grade copper sub-interval, indicating a richer zone within the broader intercept.

- Negative factor: Results are from surface channel samples, which are less definitive than drill core.

- Negative factor: No true width disclosed for the channel sample.

- Negative factor: Company did not insert its own QA/QC standards or blanks.

Evidence · table

> 1.6

Context: 7.0

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Highlights AM-13: Exploration Target Increased to 1,500m by 100m Copper-silver mineralization identified over 1,500m of "

### AM-13\_CS01

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-1-6-copper-over-55-metres-at-sierra-azul--f2e5c965-f14e-454b-8f03-32cd0ecfa6ae#fact-drill-facts-3)

Sierra Azul Copper-Silver Project · silver

#### Identity

- Hole ID: AM-13\_CS01
- Project: Sierra Azul Copper-Silver Project
- Commodity: silver
- Region: colombia
- Reported Region: Northeastern Colombia
- Ticker: MAX

#### Geometry

- Grade: 9.6
- Grade Unit: g/t
- Intercept: 7 m

#### Classification

- Deposit Type: manto
- Sample Type: channel

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2025-02-25T00:00:00.000Z

Reasoning: The strong silver grade in this sub-interval adds to the positive outlook for the AM-13 mineralization, subject to the inherent limitations of channel sampling.

- Positive factor: Strong silver grade in a high-grade copper sub-interval, enhancing the overall value.

- Negative factor: Results are from surface channel samples, which are less definitive than drill core.

- Negative factor: No true width disclosed for the channel sample.

- Negative factor: Company did not insert its own QA/QC standards or blanks.

Evidence · table

> 9.6

Context: 7.0

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Highlights AM-13: Exploration Target Increased to 1,500m by 100m Copper-silver mineralization identified over 1,500m of "

### AM13\_CS08

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-1-6-copper-over-55-metres-at-sierra-azul--f2e5c965-f14e-454b-8f03-32cd0ecfa6ae#fact-drill-facts-4)

Sierra Azul Copper-Silver Project · copper

#### Identity

- Hole ID: AM13\_CS08
- Project: Sierra Azul Copper-Silver Project
- Commodity: copper
- Region: colombia
- Reported Region: Northeastern Colombia
- Ticker: MAX

#### Geometry

- Grade: 1.6
- Grade Unit: %
- Intercept: 55 m

#### Classification

- Deposit Type: manto
- Sample Type: channel

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2025-02-25T00:00:00.000Z

Reasoning: This is an exceptional copper intercept over a very wide interval, strongly supporting the potential of the AM-13 target. The channel sample nature and QA/QC practices are noted as limitations.

- Positive factor: Exceptional copper grade of 1.6% over a very significant width of 55.0m, indicating a substantial mineralized zone.

- Positive factor: This intercept is a key highlight of the AM-13 target expansion.

- Negative factor: Results are from surface channel samples, which are less definitive than drill core.

- Negative factor: No true width disclosed for the channel sample.

- Negative factor: Company did not insert its own QA/QC standards or blanks.

Evidence · table

> 1.6

Context: 55.0

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Highlights AM-13: Exploration Target Increased to 1,500m by 100m Copper-silver mineralization identified over 1,500m of "

### AM13\_CS08

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-1-6-copper-over-55-metres-at-sierra-azul--f2e5c965-f14e-454b-8f03-32cd0ecfa6ae#fact-drill-facts-5)

Sierra Azul Copper-Silver Project · silver

#### Identity

- Hole ID: AM13\_CS08
- Project: Sierra Azul Copper-Silver Project
- Commodity: silver
- Region: colombia
- Reported Region: Northeastern Colombia
- Ticker: MAX

#### Geometry

- Grade: 6
- Grade Unit: g/t
- Intercept: 55 m

#### Classification

- Deposit Type: manto
- Sample Type: channel

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2025-02-25T00:00:00.000Z

Reasoning: The moderate silver grade over a substantial width enhances the overall prospectivity of this significant copper intercept, with the same caveats regarding sample type and QA/QC.

- Positive factor: Moderate silver grade over a very significant width, adding value to the copper mineralization.

- Negative factor: Results are from surface channel samples, which are less definitive than drill core.

- Negative factor: No true width disclosed for the channel sample.

- Negative factor: Company did not insert its own QA/QC standards or blanks.

Evidence · table

> 6

Context: 55.0

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Highlights AM-13: Exploration Target Increased to 1,500m by 100m Copper-silver mineralization identified over 1,500m of "

### AM13\_CS08

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-1-6-copper-over-55-metres-at-sierra-azul--f2e5c965-f14e-454b-8f03-32cd0ecfa6ae#fact-drill-facts-6)

Sierra Azul Copper-Silver Project · copper

#### Identity

- Hole ID: AM13\_CS08
- Project: Sierra Azul Copper-Silver Project
- Commodity: copper
- Region: colombia
- Reported Region: Northeastern Colombia
- Ticker: MAX

#### Geometry

- Grade: 3.4
- Grade Unit: %
- Intercept: 15 m

#### Classification

- Deposit Type: manto
- Sample Type: channel

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2025-02-25T00:00:00.000Z

Reasoning: This sub-interval represents an exceptional copper grade over a significant width, strongly indicating a high-grade core within the AM-13 mineralization, despite the channel sample nature.

- Positive factor: Exceptional copper grade of 3.4% over a strong width of 15.0m, indicating a very high-grade core within the broader intercept.

- Negative factor: Results are from surface channel samples, which are less definitive than drill core.

- Negative factor: No true width disclosed for the channel sample.

- Negative factor: Company did not insert its own QA/QC standards or blanks.

Evidence · table

> 3.4

Context: 15.0

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Highlights AM-13: Exploration Target Increased to 1,500m by 100m Copper-silver mineralization identified over 1,500m of "

### AM13\_CS08

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-1-6-copper-over-55-metres-at-sierra-azul--f2e5c965-f14e-454b-8f03-32cd0ecfa6ae#fact-drill-facts-7)

Sierra Azul Copper-Silver Project · silver

#### Identity

- Hole ID: AM13\_CS08
- Project: Sierra Azul Copper-Silver Project
- Commodity: silver
- Region: colombia
- Reported Region: Northeastern Colombia
- Ticker: MAX

#### Geometry

- Grade: 14
- Grade Unit: g/t
- Intercept: 15 m

#### Classification

- Deposit Type: manto
- Sample Type: channel

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2025-02-25T00:00:00.000Z

Reasoning: The strong silver grade in this high-grade copper sub-interval further boosts the prospectivity of the AM-13 target, with the usual caveats for channel samples.

- Positive factor: Strong silver grade in a high-grade copper sub-interval, enhancing the overall economic potential.

- Negative factor: Results are from surface channel samples, which are less definitive than drill core.

- Negative factor: No true width disclosed for the channel sample.

- Negative factor: Company did not insert its own QA/QC standards or blanks.

Evidence · table

> 14

Context: 15.0

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Highlights AM-13: Exploration Target Increased to 1,500m by 100m Copper-silver mineralization identified over 1,500m of "

### AM13\_CS08

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-1-6-copper-over-55-metres-at-sierra-azul--f2e5c965-f14e-454b-8f03-32cd0ecfa6ae#fact-drill-facts-8)

Sierra Azul Copper-Silver Project · copper

#### Identity

- Hole ID: AM13\_CS08
- Project: Sierra Azul Copper-Silver Project
- Commodity: copper
- Region: colombia
- Reported Region: Northeastern Colombia
- Ticker: MAX

#### Geometry

- Grade: 3.5
- Grade Unit: %
- Intercept: 5 m

#### Classification

- Deposit Type: manto
- Sample Type: channel

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2025-02-25T00:00:00.000Z

Reasoning: This sub-interval shows an exceptional copper grade, reinforcing the high-grade potential within the AM-13 target, despite being from a channel sample.

- Positive factor: Exceptional copper grade of 3.5% over a moderate width, indicating very high-grade mineralization.

- Negative factor: Results are from surface channel samples, which are less definitive than drill core.

- Negative factor: No true width disclosed for the channel sample.

- Negative factor: Company did not insert its own QA/QC standards or blanks.

Evidence · table

> 3.5

Context: 5.0

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Highlights AM-13: Exploration Target Increased to 1,500m by 100m Copper-silver mineralization identified over 1,500m of "

### AM13\_CS08

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-1-6-copper-over-55-metres-at-sierra-azul--f2e5c965-f14e-454b-8f03-32cd0ecfa6ae#fact-drill-facts-9)

Sierra Azul Copper-Silver Project · silver

#### Identity

- Hole ID: AM13\_CS08
- Project: Sierra Azul Copper-Silver Project
- Commodity: silver
- Region: colombia
- Reported Region: Northeastern Colombia
- Ticker: MAX

#### Geometry

- Grade: 16
- Grade Unit: g/t
- Intercept: 5 m

#### Classification

- Deposit Type: manto
- Sample Type: channel

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2025-02-25T00:00:00.000Z

Reasoning: The strong silver grade in this high-grade copper sub-interval further enhances the overall prospectivity of the AM-13 target, with the usual caveats for channel samples.

- Positive factor: Strong silver grade accompanying the exceptional copper, adding significant value.

- Negative factor: Results are from surface channel samples, which are less definitive than drill core.

- Negative factor: No true width disclosed for the channel sample.

- Negative factor: Company did not insert its own QA/QC standards or blanks.

Evidence · table

> 16

Context: 5.0

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Highlights AM-13: Exploration Target Increased to 1,500m by 100m Copper-silver mineralization identified over 1,500m of "

### AM-13\_CS11

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-1-6-copper-over-55-metres-at-sierra-azul--f2e5c965-f14e-454b-8f03-32cd0ecfa6ae#fact-drill-facts-10)

Sierra Azul Copper-Silver Project · copper

#### Identity

- Hole ID: AM-13\_CS11
- Project: Sierra Azul Copper-Silver Project
- Commodity: copper
- Region: colombia
- Reported Region: Northeastern Colombia
- Ticker: MAX

#### Geometry

- Grade: 1.6
- Grade Unit: %
- Intercept: 49 m

#### Classification

- Deposit Type: manto
- Sample Type: channel

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2025-02-25T00:00:00.000Z

Reasoning: This is another exceptional copper intercept over a very wide interval, strongly supporting the potential of the AM-13 target. The channel sample nature and QA/QC practices are noted as limitations.

- Positive factor: Exceptional copper grade of 1.6% over a very significant width of 49.0m, indicating a substantial mineralized zone.

- Positive factor: This intercept is a key highlight of the AM-13 target expansion.

- Negative factor: Results are from surface channel samples, which are less definitive than drill core.

- Negative factor: No true width disclosed for the channel sample.

- Negative factor: Company did not insert its own QA/QC standards or blanks.

Evidence · table

> 1.6

Context: 49.0

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Highlights AM-13: Exploration Target Increased to 1,500m by 100m Copper-silver mineralization identified over 1,500m of "

### AM-13\_CS11

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-1-6-copper-over-55-metres-at-sierra-azul--f2e5c965-f14e-454b-8f03-32cd0ecfa6ae#fact-drill-facts-11)

Sierra Azul Copper-Silver Project · silver

#### Identity

- Hole ID: AM-13\_CS11
- Project: Sierra Azul Copper-Silver Project
- Commodity: silver
- Region: colombia
- Reported Region: Northeastern Colombia
- Ticker: MAX

#### Geometry

- Grade: 7
- Grade Unit: g/t
- Intercept: 49 m

#### Classification

- Deposit Type: manto
- Sample Type: channel

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2025-02-25T00:00:00.000Z

Reasoning: The moderate silver grade over a substantial width enhances the overall prospectivity of this significant copper intercept, with the same caveats regarding sample type and QA/QC.

- Positive factor: Moderate silver grade over a very significant width, adding value to the copper mineralization.

- Negative factor: Results are from surface channel samples, which are less definitive than drill core.

- Negative factor: No true width disclosed for the channel sample.

- Negative factor: Company did not insert its own QA/QC standards or blanks.

Evidence · table

> 7

Context: 49.0

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Highlights AM-13: Exploration Target Increased to 1,500m by 100m Copper-silver mineralization identified over 1,500m of "

### AM-13\_CS11

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-1-6-copper-over-55-metres-at-sierra-azul--f2e5c965-f14e-454b-8f03-32cd0ecfa6ae#fact-drill-facts-12)

Sierra Azul Copper-Silver Project · copper

#### Identity

- Hole ID: AM-13\_CS11
- Project: Sierra Azul Copper-Silver Project
- Commodity: copper
- Region: colombia
- Reported Region: Northeastern Colombia
- Ticker: MAX

#### Geometry

- Grade: 2.6
- Grade Unit: %
- Intercept: 14 m

#### Classification

- Deposit Type: manto
- Sample Type: channel

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2025-02-25T00:00:00.000Z

Reasoning: This sub-interval shows an exceptional copper grade over a significant width, highlighting the high-grade potential within the AM-13 target, despite being from a channel sample.

- Positive factor: Exceptional copper grade of 2.6% over a strong width of 14.0m, indicating a high-grade core within the broader intercept.

- Negative factor: Results are from surface channel samples, which are less definitive than drill core.

- Negative factor: No true width disclosed for the channel sample.

- Negative factor: Company did not insert its own QA/QC standards or blanks.

Evidence · table

> 2.6

Context: 14.0

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Highlights AM-13: Exploration Target Increased to 1,500m by 100m Copper-silver mineralization identified over 1,500m of "

### AM-13\_CS11

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-1-6-copper-over-55-metres-at-sierra-azul--f2e5c965-f14e-454b-8f03-32cd0ecfa6ae#fact-drill-facts-13)

Sierra Azul Copper-Silver Project · silver

#### Identity

- Hole ID: AM-13\_CS11
- Project: Sierra Azul Copper-Silver Project
- Commodity: silver
- Region: colombia
- Reported Region: Northeastern Colombia
- Ticker: MAX

#### Geometry

- Grade: 12
- Grade Unit: g/t
- Intercept: 14 m

#### Classification

- Deposit Type: manto
- Sample Type: channel

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2025-02-25T00:00:00.000Z

Reasoning: The strong silver grade in this high-grade copper sub-interval further boosts the prospectivity of the AM-13 target, with the usual caveats for channel samples.

- Positive factor: Strong silver grade in a high-grade copper sub-interval, enhancing the overall economic potential.

- Negative factor: Results are from surface channel samples, which are less definitive than drill core.

- Negative factor: No true width disclosed for the channel sample.

- Negative factor: Company did not insert its own QA/QC standards or blanks.

Evidence · table

> 12

Context: 14.0

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Highlights AM-13: Exploration Target Increased to 1,500m by 100m Copper-silver mineralization identified over 1,500m of "

### AM-13\_CS11

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-1-6-copper-over-55-metres-at-sierra-azul--f2e5c965-f14e-454b-8f03-32cd0ecfa6ae#fact-drill-facts-14)

Sierra Azul Copper-Silver Project · copper

#### Identity

- Hole ID: AM-13\_CS11
- Project: Sierra Azul Copper-Silver Project
- Commodity: copper
- Region: colombia
- Reported Region: Northeastern Colombia
- Ticker: MAX

#### Geometry

- Grade: 2.3
- Grade Unit: %
- Intercept: 10 m

#### Classification

- Deposit Type: manto
- Sample Type: channel

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2025-02-25T00:00:00.000Z

Reasoning: This sub-interval shows an exceptional copper grade, reinforcing the high-grade potential within the AM-13 target, despite being from a channel sample.

- Positive factor: Exceptional copper grade of 2.3% over a moderate width, indicating high-grade mineralization.

- Negative factor: Results are from surface channel samples, which are less definitive than drill core.

- Negative factor: No true width disclosed for the channel sample.

- Negative factor: Company did not insert its own QA/QC standards or blanks.

Evidence · table

> 2.3

Context: 10.0

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Highlights AM-13: Exploration Target Increased to 1,500m by 100m Copper-silver mineralization identified over 1,500m of "

### AM-13\_CS11

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-1-6-copper-over-55-metres-at-sierra-azul--f2e5c965-f14e-454b-8f03-32cd0ecfa6ae#fact-drill-facts-15)

Sierra Azul Copper-Silver Project · silver

#### Identity

- Hole ID: AM-13\_CS11
- Project: Sierra Azul Copper-Silver Project
- Commodity: silver
- Region: colombia
- Reported Region: Northeastern Colombia
- Ticker: MAX

#### Geometry

- Grade: 10
- Grade Unit: g/t
- Intercept: 10 m

#### Classification

- Deposit Type: manto
- Sample Type: channel

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2025-02-25T00:00:00.000Z

Reasoning: The strong silver grade in this high-grade copper sub-interval further boosts the prospectivity of the AM-13 target, with the usual caveats for channel samples.

- Positive factor: Strong silver grade accompanying the high-grade copper, adding significant value.

- Negative factor: Results are from surface channel samples, which are less definitive than drill core.

- Negative factor: No true width disclosed for the channel sample.

- Negative factor: Company did not insert its own QA/QC standards or blanks.

Evidence · table

> 10

Context: 10.0

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Highlights AM-13: Exploration Target Increased to 1,500m by 100m Copper-silver mineralization identified over 1,500m of "

### AM-13\_C12

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-1-6-copper-over-55-metres-at-sierra-azul--f2e5c965-f14e-454b-8f03-32cd0ecfa6ae#fact-drill-facts-16)

Sierra Azul Copper-Silver Project · copper

#### Identity

- Hole ID: AM-13\_C12
- Project: Sierra Azul Copper-Silver Project
- Commodity: copper
- Region: colombia
- Reported Region: Northeastern Colombia
- Ticker: MAX

#### Geometry

- Grade: 1.2
- Grade Unit: %
- Intercept: 12 m

#### Classification

- Deposit Type: manto
- Sample Type: channel

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2025-02-25T00:00:00.000Z

Reasoning: This channel sample shows a strong copper grade over a good width, contributing to the AM-13 target. However, the nature of channel samples and the QA/QC disclosure temper confidence.

- Positive factor: Strong copper grade over a good width for a channel sample.

- Negative factor: Results are from surface channel samples, which are less definitive than drill core.

- Negative factor: No true width disclosed for the channel sample.

- Negative factor: Company did not insert its own QA/QC standards or blanks.

Evidence · table

> 1.2

Context: 12.0

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Highlights AM-13: Exploration Target Increased to 1,500m by 100m Copper-silver mineralization identified over 1,500m of "

### AM-13\_C12

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-1-6-copper-over-55-metres-at-sierra-azul--f2e5c965-f14e-454b-8f03-32cd0ecfa6ae#fact-drill-facts-17)

Sierra Azul Copper-Silver Project · silver

#### Identity

- Hole ID: AM-13\_C12
- Project: Sierra Azul Copper-Silver Project
- Commodity: silver
- Region: colombia
- Reported Region: Northeastern Colombia
- Ticker: MAX

#### Geometry

- Grade: 6
- Grade Unit: g/t
- Intercept: 12 m

#### Classification

- Deposit Type: manto
- Sample Type: channel

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2025-02-25T00:00:00.000Z

Reasoning: The silver grade is moderate and supports the polymetallic nature of the mineralization, but the same limitations regarding sample type and QA/QC apply.

- Positive factor: Moderate silver grade over a good width, complementing the copper mineralization.

- Negative factor: Results are from surface channel samples, which are less definitive than drill core.

- Negative factor: No true width disclosed for the channel sample.

- Negative factor: Company did not insert its own QA/QC standards or blanks.

Evidence · table

> 6

Context: 12.0

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Highlights AM-13: Exploration Target Increased to 1,500m by 100m Copper-silver mineralization identified over 1,500m of "

### AM-13\_C12

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-1-6-copper-over-55-metres-at-sierra-azul--f2e5c965-f14e-454b-8f03-32cd0ecfa6ae#fact-drill-facts-18)

Sierra Azul Copper-Silver Project · copper

#### Identity

- Hole ID: AM-13\_C12
- Project: Sierra Azul Copper-Silver Project
- Commodity: copper
- Region: colombia
- Reported Region: Northeastern Colombia
- Ticker: MAX

#### Geometry

- Grade: 1.6
- Grade Unit: %
- Intercept: 4 m

#### Classification

- Deposit Type: manto
- Sample Type: channel

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2025-02-25T00:00:00.000Z

Reasoning: This sub-interval shows a significantly higher copper grade, highlighting the potential for high-grade zones within the AM-13 target, despite the limitations of channel samples.

- Positive factor: High-grade copper sub-interval, indicating a richer zone within the broader intercept.

- Negative factor: Results are from surface channel samples, which are less definitive than drill core.

- Negative factor: No true width disclosed for the channel sample.

- Negative factor: Company did not insert its own QA/QC standards or blanks.

Evidence · table

> 1.6

Context: 4.0

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Highlights AM-13: Exploration Target Increased to 1,500m by 100m Copper-silver mineralization identified over 1,500m of "

### AM-13\_C12

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-1-6-copper-over-55-metres-at-sierra-azul--f2e5c965-f14e-454b-8f03-32cd0ecfa6ae#fact-drill-facts-19)

Sierra Azul Copper-Silver Project · silver

#### Identity

- Hole ID: AM-13\_C12
- Project: Sierra Azul Copper-Silver Project
- Commodity: silver
- Region: colombia
- Reported Region: Northeastern Colombia
- Ticker: MAX

#### Geometry

- Grade: 6
- Grade Unit: g/t
- Intercept: 4 m

#### Classification

- Deposit Type: manto
- Sample Type: channel

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2025-02-25T00:00:00.000Z

Reasoning: The moderate silver grade in this sub-interval adds to the positive outlook for the AM-13 mineralization, subject to the inherent limitations of channel sampling.

- Positive factor: Moderate silver grade in a high-grade copper sub-interval, enhancing the overall value.

- Negative factor: Results are from surface channel samples, which are less definitive than drill core.

- Negative factor: No true width disclosed for the channel sample.

- Negative factor: Company did not insert its own QA/QC standards or blanks.

Evidence · table

> 6

Context: 4.0

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Highlights AM-13: Exploration Target Increased to 1,500m by 100m Copper-silver mineralization identified over 1,500m of "

### AM-13\_C13

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-1-6-copper-over-55-metres-at-sierra-azul--f2e5c965-f14e-454b-8f03-32cd0ecfa6ae#fact-drill-facts-20)

Sierra Azul Copper-Silver Project · copper

#### Identity

- Hole ID: AM-13\_C13
- Project: Sierra Azul Copper-Silver Project
- Commodity: copper
- Region: colombia
- Reported Region: Northeastern Colombia
- Ticker: MAX

#### Geometry

- Grade: 0.7
- Grade Unit: %
- Intercept: 12 m

#### Classification

- Deposit Type: manto
- Sample Type: channel

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2025-02-25T00:00:00.000Z

Reasoning: This channel sample shows a moderate copper grade over a good width, contributing to the AM-13 target. However, the nature of channel samples and the QA/QC disclosure temper confidence.

- Positive factor: Moderate copper grade over a good width for a channel sample.

- Negative factor: Results are from surface channel samples, which are less definitive than drill core.

- Negative factor: No true width disclosed for the channel sample.

- Negative factor: Company did not insert its own QA/QC standards or blanks.

Evidence · table

> 0.7

Context: 12.0

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Highlights AM-13: Exploration Target Increased to 1,500m by 100m Copper-silver mineralization identified over 1,500m of "

### AM-13\_C13

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-1-6-copper-over-55-metres-at-sierra-azul--f2e5c965-f14e-454b-8f03-32cd0ecfa6ae#fact-drill-facts-21)

Sierra Azul Copper-Silver Project · silver

#### Identity

- Hole ID: AM-13\_C13
- Project: Sierra Azul Copper-Silver Project
- Commodity: silver
- Region: colombia
- Reported Region: Northeastern Colombia
- Ticker: MAX

#### Geometry

- Grade: 6
- Grade Unit: g/t
- Intercept: 12 m

#### Classification

- Deposit Type: manto
- Sample Type: channel

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2025-02-25T00:00:00.000Z

Reasoning: The silver grade is moderate and supports the polymetallic nature of the mineralization, but the same limitations regarding sample type and QA/QC apply.

- Positive factor: Moderate silver grade over a good width, complementing the copper mineralization.

- Negative factor: Results are from surface channel samples, which are less definitive than drill core.

- Negative factor: No true width disclosed for the channel sample.

- Negative factor: Company did not insert its own QA/QC standards or blanks.

Evidence · table

> 6

Context: 12.0

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Highlights AM-13: Exploration Target Increased to 1,500m by 100m Copper-silver mineralization identified over 1,500m of "

### AM-13\_C13

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-1-6-copper-over-55-metres-at-sierra-azul--f2e5c965-f14e-454b-8f03-32cd0ecfa6ae#fact-drill-facts-22)

Sierra Azul Copper-Silver Project · copper

#### Identity

- Hole ID: AM-13\_C13
- Project: Sierra Azul Copper-Silver Project
- Commodity: copper
- Region: colombia
- Reported Region: Northeastern Colombia
- Ticker: MAX

#### Geometry

- Grade: 1.4
- Grade Unit: %
- Intercept: 3 m

#### Classification

- Deposit Type: manto
- Sample Type: channel

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2025-02-25T00:00:00.000Z

Reasoning: This sub-interval shows a strong copper grade, highlighting the potential for richer zones within the AM-13 target, despite the limitations of channel samples.

- Positive factor: Strong copper grade sub-interval, indicating a richer zone within the broader intercept.

- Negative factor: Results are from surface channel samples, which are less definitive than drill core.

- Negative factor: No true width disclosed for the channel sample.

- Negative factor: Company did not insert its own QA/QC standards or blanks.

Evidence · table

> 1.4

Context: 3.0

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Highlights AM-13: Exploration Target Increased to 1,500m by 100m Copper-silver mineralization identified over 1,500m of "

### AM-13\_C13

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-1-6-copper-over-55-metres-at-sierra-azul--f2e5c965-f14e-454b-8f03-32cd0ecfa6ae#fact-drill-facts-23)

Sierra Azul Copper-Silver Project · silver

#### Identity

- Hole ID: AM-13\_C13
- Project: Sierra Azul Copper-Silver Project
- Commodity: silver
- Region: colombia
- Reported Region: Northeastern Colombia
- Ticker: MAX

#### Geometry

- Grade: 14
- Grade Unit: g/t
- Intercept: 3 m

#### Classification

- Deposit Type: manto
- Sample Type: channel

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2025-02-25T00:00:00.000Z

Reasoning: The strong silver grade in this sub-interval adds to the positive outlook for the AM-13 mineralization, subject to the inherent limitations of channel sampling.

- Positive factor: Strong silver grade in a high-grade copper sub-interval, enhancing the overall value.

- Negative factor: Results are from surface channel samples, which are less definitive than drill core.

- Negative factor: No true width disclosed for the channel sample.

- Negative factor: Company did not insert its own QA/QC standards or blanks.

Evidence · table

> 14

Context: 3.0

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Highlights AM-13: Exploration Target Increased to 1,500m by 100m Copper-silver mineralization identified over 1,500m of "

### AM-15\_CS01

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-1-6-copper-over-55-metres-at-sierra-azul--f2e5c965-f14e-454b-8f03-32cd0ecfa6ae#fact-drill-facts-24)

Sierra Azul Copper-Silver Project · copper

#### Identity

- Hole ID: AM-15\_CS01
- Project: Sierra Azul Copper-Silver Project
- Commodity: copper
- Region: colombia
- Reported Region: Northeastern Colombia
- Ticker: MAX

#### Geometry

- Grade: 4
- Grade Unit: %
- Intercept: 2 m

#### Classification

- Deposit Type: manto
- Sample Type: channel

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2025-02-25T00:00:00.000Z

Reasoning: This exceptional copper grade from the new AM-15 target is a very positive early indicator, despite the narrow width and limitations of channel sampling.

- Positive factor: Exceptional copper grade of 4.0% from the new AM-15 discovery, indicating high-grade potential.

- Positive factor: This is an early, high-grade result from a new target.

- Negative factor: Results are from surface channel samples, which are less definitive than drill core.

- Negative factor: No true width disclosed for the channel sample.

- Negative factor: Company did not insert its own QA/QC standards or blanks.

Evidence · table

> 4.0

Context: 2.0

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Highlights AM-13: Exploration Target Increased to 1,500m by 100m Copper-silver mineralization identified over 1,500m of "

### AM-15\_CS01

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-1-6-copper-over-55-metres-at-sierra-azul--f2e5c965-f14e-454b-8f03-32cd0ecfa6ae#fact-drill-facts-25)

Sierra Azul Copper-Silver Project · silver

#### Identity

- Hole ID: AM-15\_CS01
- Project: Sierra Azul Copper-Silver Project
- Commodity: silver
- Region: colombia
- Reported Region: Northeastern Colombia
- Ticker: MAX

#### Geometry

- Grade: 35
- Grade Unit: g/t
- Intercept: 2 m

#### Classification

- Deposit Type: manto
- Sample Type: channel

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2025-02-25T00:00:00.000Z

Reasoning: The strong silver grade from the new AM-15 target adds to the positive early results, despite the narrow width and limitations of channel sampling.

- Positive factor: Strong silver grade from the new AM-15 discovery, complementing the high-grade copper.

- Negative factor: Results are from surface channel samples, which are less definitive than drill core.

- Negative factor: No true width disclosed for the channel sample.

- Negative factor: Company did not insert its own QA/QC standards or blanks.

Evidence · table

> 35

Context: 2.0

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Highlights AM-13: Exploration Target Increased to 1,500m by 100m Copper-silver mineralization identified over 1,500m of "

### AM15\_CS02

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-1-6-copper-over-55-metres-at-sierra-azul--f2e5c965-f14e-454b-8f03-32cd0ecfa6ae#fact-drill-facts-26)

Sierra Azul Copper-Silver Project · copper

#### Identity

- Hole ID: AM15\_CS02
- Project: Sierra Azul Copper-Silver Project
- Commodity: copper
- Region: colombia
- Reported Region: Northeastern Colombia
- Ticker: MAX

#### Geometry

- Grade: 0.7
- Grade Unit: %
- Intercept: 12 m

#### Classification

- Deposit Type: manto
- Sample Type: channel

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2025-02-25T00:00:00.000Z

Reasoning: This moderate copper grade from the new AM-15 target is a positive early indicator, despite the limitations of channel sampling.

- Positive factor: Moderate copper grade over a good width from the new AM-15 target.

- Negative factor: Results are from surface channel samples, which are less definitive than drill core.

- Negative factor: No true width disclosed for the channel sample.

- Negative factor: Company did not insert its own QA/QC standards or blanks.

Evidence · table

> 0.7

Context: 12.0

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Highlights AM-13: Exploration Target Increased to 1,500m by 100m Copper-silver mineralization identified over 1,500m of "

### AM15\_CS02

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-1-6-copper-over-55-metres-at-sierra-azul--f2e5c965-f14e-454b-8f03-32cd0ecfa6ae#fact-drill-facts-27)

Sierra Azul Copper-Silver Project · silver

#### Identity

- Hole ID: AM15\_CS02
- Project: Sierra Azul Copper-Silver Project
- Commodity: silver
- Region: colombia
- Reported Region: Northeastern Colombia
- Ticker: MAX

#### Geometry

- Grade: 7
- Grade Unit: g/t
- Intercept: 12 m

#### Classification

- Deposit Type: manto
- Sample Type: channel

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2025-02-25T00:00:00.000Z

Reasoning: The moderate silver grade from the new AM-15 target adds to the positive early results, despite the limitations of channel sampling.

- Positive factor: Moderate silver grade from the new AM-15 target, complementing the copper mineralization.

- Negative factor: Results are from surface channel samples, which are less definitive than drill core.

- Negative factor: No true width disclosed for the channel sample.

- Negative factor: Company did not insert its own QA/QC standards or blanks.

Evidence · table

> 7

Context: 12.0

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Highlights AM-13: Exploration Target Increased to 1,500m by 100m Copper-silver mineralization identified over 1,500m of "

### AM-15\_CS03

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-1-6-copper-over-55-metres-at-sierra-azul--f2e5c965-f14e-454b-8f03-32cd0ecfa6ae#fact-drill-facts-28)

Sierra Azul Copper-Silver Project · copper

#### Identity

- Hole ID: AM-15\_CS03
- Project: Sierra Azul Copper-Silver Project
- Commodity: copper
- Region: colombia
- Reported Region: Northeastern Colombia
- Ticker: MAX

#### Geometry

- Grade: 0.7
- Grade Unit: %
- Intercept: 10 m

#### Classification

- Deposit Type: manto
- Sample Type: channel

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2025-02-25T00:00:00.000Z

Reasoning: This moderate copper grade from the new AM-15 target is a positive early indicator, despite the limitations of channel sampling.

- Positive factor: Moderate copper grade over a good width from the new AM-15 target.

- Negative factor: Results are from surface channel samples, which are less definitive than drill core.

- Negative factor: No true width disclosed for the channel sample.

- Negative factor: Company did not insert its own QA/QC standards or blanks.

Evidence · table

> 0.7

Context: 10.0

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Highlights AM-13: Exploration Target Increased to 1,500m by 100m Copper-silver mineralization identified over 1,500m of "

### AM-15\_CS03

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-1-6-copper-over-55-metres-at-sierra-azul--f2e5c965-f14e-454b-8f03-32cd0ecfa6ae#fact-drill-facts-29)

Sierra Azul Copper-Silver Project · silver

#### Identity

- Hole ID: AM-15\_CS03
- Project: Sierra Azul Copper-Silver Project
- Commodity: silver
- Region: colombia
- Reported Region: Northeastern Colombia
- Ticker: MAX

#### Geometry

- Grade: 7
- Grade Unit: g/t
- Intercept: 10 m

#### Classification

- Deposit Type: manto
- Sample Type: channel

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2025-02-25T00:00:00.000Z

Reasoning: The moderate silver grade from the new AM-15 target adds to the positive early results, despite the limitations of channel sampling.

- Positive factor: Moderate silver grade from the new AM-15 target, complementing the copper mineralization.

- Negative factor: Results are from surface channel samples, which are less definitive than drill core.

- Negative factor: No true width disclosed for the channel sample.

- Negative factor: Company did not insert its own QA/QC standards or blanks.

Evidence · table

> 7

Context: 10.0

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Highlights AM-13: Exploration Target Increased to 1,500m by 100m Copper-silver mineralization identified over 1,500m of "

### AM-15\_C04

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-1-6-copper-over-55-metres-at-sierra-azul--f2e5c965-f14e-454b-8f03-32cd0ecfa6ae#fact-drill-facts-30)

Sierra Azul Copper-Silver Project · copper

#### Identity

- Hole ID: AM-15\_C04
- Project: Sierra Azul Copper-Silver Project
- Commodity: copper
- Region: colombia
- Reported Region: Northeastern Colombia
- Ticker: MAX

#### Geometry

- Grade: 0.8
- Grade Unit: %
- Intercept: 5 m

#### Classification

- Deposit Type: manto
- Sample Type: channel

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2025-02-25T00:00:00.000Z

Reasoning: This moderate copper grade from the new AM-15 target is a positive early indicator, despite the limitations of channel sampling.

- Positive factor: Moderate copper grade from the new AM-15 target.

- Negative factor: Results are from surface channel samples, which are less definitive than drill core.

- Negative factor: No true width disclosed for the channel sample.

- Negative factor: Company did not insert its own QA/QC standards or blanks.

Evidence · table

> 0.8

Context: 5.0

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Highlights AM-13: Exploration Target Increased to 1,500m by 100m Copper-silver mineralization identified over 1,500m of "

### AM-15\_C04

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-1-6-copper-over-55-metres-at-sierra-azul--f2e5c965-f14e-454b-8f03-32cd0ecfa6ae#fact-drill-facts-31)

Sierra Azul Copper-Silver Project · silver

#### Identity

- Hole ID: AM-15\_C04
- Project: Sierra Azul Copper-Silver Project
- Commodity: silver
- Region: colombia
- Reported Region: Northeastern Colombia
- Ticker: MAX

#### Geometry

- Grade: 4
- Grade Unit: g/t
- Intercept: 5 m

#### Classification

- Deposit Type: manto
- Sample Type: channel

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2025-02-25T00:00:00.000Z

Reasoning: The trace silver grade from the new AM-15 target adds to the positive early results, despite the limitations of channel sampling.

- Positive factor: Trace silver grade from the new AM-15 target, complementing the copper mineralization.

- Negative factor: Results are from surface channel samples, which are less definitive than drill core.

- Negative factor: No true width disclosed for the channel sample.

- Negative factor: Company did not insert its own QA/QC standards or blanks.

Evidence · table

> 4

Context: 5.0

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Highlights AM-13: Exploration Target Increased to 1,500m by 100m Copper-silver mineralization identified over 1,500m of "

### AM-13

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-1-6-copper-over-55-metres-at-sierra-azul--f2e5c965-f14e-454b-8f03-32cd0ecfa6ae#fact-drill-facts-32)

Sierra Azul Copper-Silver Project · copper

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: AM-13
- Project: Sierra Azul Copper-Silver Project
- Commodity: copper
- Region: colombia
- Reported Region: Northeastern Colombia
- Ticker: MAX

#### Geometry

- Grade: 1.8
- Grade Unit: %
- Intercept: 48 m

#### Classification

- Deposit Type: manto
- Sample Type: channel

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2024-08-20T00:00:00.000Z

#### Dates

- Event date: 2025-02-25T00:00:00.000Z

Reasoning: This historical intercept provides a strong baseline for the AM-13 target, demonstrating consistent high-grade copper mineralization, though it is not new information.

- Positive factor: Strong historical copper grade over a significant width, providing context for current results.

- Negative factor: This is a historical result and not new information.

- Negative factor: Results are from surface channel samples, which are less definitive than drill core.

- Negative factor: No true width disclosed for the channel sample.

- Negative factor: Company did not insert its own QA/QC standards or blanks.

Evidence · text

> Initial assay results from AM-13 included 48m of 1.8% copper and 7.2 g/t Silver \( Max News Release dated August 20, 2024 \)

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Highlights AM-13: Exploration Target Increased to 1,500m by 100m Copper-silver mineralization identified over 1,500m of "

### AM-13

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-1-6-copper-over-55-metres-at-sierra-azul--f2e5c965-f14e-454b-8f03-32cd0ecfa6ae#fact-drill-facts-33)

Sierra Azul Copper-Silver Project · silver

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: AM-13
- Project: Sierra Azul Copper-Silver Project
- Commodity: silver
- Region: colombia
- Reported Region: Northeastern Colombia
- Ticker: MAX

#### Geometry

- Grade: 7.2
- Grade Unit: g/t
- Intercept: 48 m

#### Classification

- Deposit Type: manto
- Sample Type: channel

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2024-08-20T00:00:00.000Z

#### Dates

- Event date: 2025-02-25T00:00:00.000Z

Reasoning: This historical silver intercept supports the polymetallic nature of the AM-13 target, providing context for current results, though it is not new information.

- Positive factor: Moderate historical silver grade over a significant width, complementing the copper mineralization.

- Negative factor: This is a historical result and not new information.

- Negative factor: Results are from surface channel samples, which are less definitive than drill core.

- Negative factor: No true width disclosed for the channel sample.

- Negative factor: Company did not insert its own QA/QC standards or blanks.

Evidence · text

> Initial assay results from AM-13 included 48m of 1.8% copper and 7.2 g/t Silver \( Max News Release dated August 20, 2024 \)

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Highlights AM-13: Exploration Target Increased to 1,500m by 100m Copper-silver mineralization identified over 1,500m of "

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.
