Drill Program Begins At Gold Hill Molybdenum Project

VANCOUVER, BC - MAX Resource Corp. reported that drilling has commenced at Gold Hill in Alaska, following up on a five hole drill program MAX conducted in 2007 that intersected significant molybdenum mineralization (MoS2) over long intervals starting at surface and ending in mineralization at depth in four of the holes.
MAX's 2007 drill program was testing a broad Molybdenum/Copper/Gold geochemistry and geophysical magnetic anomaly covering at least a 700 by 800 meter area. Highlights from the 2007 drill program included: DH-07-01 - 250 feet of 0.080% MoS2; DH-07-03 - 1000 feet of 0.058% MoS2 (including 45 feet of 0.18% MoS2); DH-07-04 - 250 feet of 0.0603% MoS2 and DH-07-05 - 352 feet of 0.0706% MoS2.
This first drill hole of the 2008 program will test the zone to the east of drill hole DH-07-05 and examine the continuation of the high grade mineralization encountered in drill hole DH-07-01 and under drill hole DH-07-03.
Drill hole DH-07-05 was an angled drill hole designed to test across the mineralization that was intersected in drill holes DH-07-02 and DH-07-03. The hole did not cut the entire interval and mineralization was visibly increasing at the bottom of the drill hole as it neared the projection of the main zone. This hole will be continued this drill season.
The Gold Hill property comprises 8,520 acres located approximately 212 miles north northeast of Anchorage and is accessible to within five air miles of the property by the all-weather unpaved Denali Highway (State Highway 8).
The company's address is 400 Burrard Street, 14th Floor, Vancouver, BC V6C 3G2, (604) 643-1719, fax: (604) 643-1789, email: [email protected] .