Kassman went up against world’s number one Jaouad Aachab of Belgium in the men’s -68kg round 16 last night at 11.40pm PNG time.
The 18-year-old fought strategically but lost to the Belgium fighter 12-1 after 3 rounds.
Despite the loss, he was hoping to advance to a repecharge fight for bronze following the outcome of the fight between Aachab and Russia’s Alexey Denisenko.
Denisenko defeated Achab 6-1 in the semi-finals, which means Max won’t advance to a repecharge fight for bronze.