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Max Resources

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Max Resource Corp.

Investor website: https://www.maxresource.com/

About

Max Resource Corp. is a mining company focused on the exploration and development of mineral resources. The company has a strong management team with extensive experience in the mining industry, particularly in transitioning projects from exploration to operation across various stock exchanges including ASX, TSX, CSE, OTCQX, and AIM.

Verified company data

Cash position
$2.0 Million
Shares outstanding
54000000
Fully diluted shares
59,700,000
Mineral resource
The Mora Gold-Silver Project spans 713 ha and lies within Colombia’s Middle Cauca Gold Belt, approximately 85 km south of Medellín. The Project is located in a prolific mining district, adjacent to Aris Mining’s Marmato Mine and Collective Mining’s Guayabales Project. Highlights of channel sampling at Mora include: 45.0 g/t gold & 7,110 g/t silver over 1 m; 32.0 g/t gold & 53 g/t silver over 1 m; 27.0 g/t gold & 732 g/t silver over 1 m; 8.9 g/t gold & 75 g/t silver over 1.5 m; 36.7 g/t gold over 2 m; 3.3 g/t gold & 87 g/t silver over 1 m. A 2012 Crown Gold Corp. report documented channel samples from 7 of 40 identified adits, returning a weighted average of 13.2 g/t gold over 5.9 m and 1,647 g/t silver.
Projects
["Mora Gold-Silver: The Mora Gold-Silver project is undrilled and covers 40 historic workings, 5 active mines, and a series of polymetallic structures over 2,500m by 1,000m. Adjacent to Aris Mining’s (TSX: ARIS, NYSE: AIMN) Marmato Mine and Collective Mining’s (TSX: CNL, NYSE: CNL) Guayabales Project. Channel sample results include: 45.0g/t gold & 7,110g/t silver over 1m; 32.0g/t gold & 53g/t silver over 1m; 27.0g/t gold & 732g/t silver over 1m; 8.9g/t gold & 75g/t silver over 1.5m; 36.7 g/t gold over 2m; 3.3 g/t gold & 87 g/t silver over 1m. The Mora Gold-Silver Project spans 713 ha and lies within Colombia’s Middle Cauca Gold Belt, approximately 85 km south of Medellín. The Project is located in a prolific mining district, adjacent to Aris Mining’s Marmato Mine and Collective Mining’s Guayabales Project. Exploration has historically been limited to artisanal mining and small-scale workings. A 2012 Crown Gold Corp. report documented channel samples from 7 of 40 identified adits, returning a weighted average of 13.2 g/t gold over 5.9 m and 1,647 g/t silver. Highlights of channel sampling at Mora include (2025 reconnaissance and 2012 Crown Gold): 45.0 g/t gold & 7,110 g/t silver over 1 m; 32.0 g/t gold & 53 g/t silver over 1 m; 27.0 g/t gold & 732 g/t silver over 1 m; 8.9 g/t gold & 75 g/t silver over 1.5 m; 36.7 g/t gold over 2 m; 3.3 g/t gold & 87 g/t silver over 1 m. These results, combined with proximity to producing and developing deposits, highlight Mora’s dual potential for Marmato-style high-grade veins and Apollo-style porphyry mineralization.","Florália High Purity Iron: The Florália High Purity Iron Project is situated within a prolific iron ore mining region in Minas Gerais, Brazil’s largest iron ore producing state, 67 kilometres east of the capital city of Belo Horizonte and 11 kilometres northeast of the mining town of St Bárbara. Upon successful exploration and development, Florália has the potential of producing hematite direct shipping ore (DSO) through conventional drill and blast open pit mining, followed by crushing and screening to produce lump and fines products for the domestic market and/or shipping to overseas markets. There are seven significant iron ore mines and two rail sidings within 20 kilometres radius from the project, all of which are part of the steel hub district in Minas Gerais and potential purchasers of the iron ore product, providing a local market requiring minimal transportation. Max’s technical team has significantly expanded the Florália hematite geological target ranging from 8 to 12 million tons at 58% Fe upgraded to 50 to 70 million ton at 55%-61% Fe. The 2024 exploration campaign commenced September 2024 and has included: Hi-Res Drone MAG/LiDAR 140-line-km/50m identified new 1,000m by 1,500m high grade zone; correlating with field activities and extrapolates from the 160m-by-160m historic open cut. The 2025 exploration program at Florália is currently underway: Bulk samples for certified pilot plant test and product samples for offtake; Commenced surveys environmental and logistics; Commenced auger drill program (approx. 800m); Commenced diamond drill program (approx. 1,000m).","Sierra Azul Copper-Silver: Sierra Azul (formerly CESAR) is a district-scale copper-silver project spanning 120-km along the 200-km-long Cesar Basin in the mining region of northeastern Colombia. This region provides access to major infrastructure resulting from oil & gas and mining operations, including Cerrejón, the largest coal mine in Latin America, held by global miner Glencore. Max’s mining concessions cover an area in excess of 180-km². On May 30, 2024, Max received exchange approval for an earn-in agreement with Freeport-McMoRan Inc. for a two-stage option to acquire up to an 80% ownership interest in the Sierra Azul Project by funding cumulative expenditures of C$50 million and making cash payments to Max of C$1.55 million. Exploration is currently focused on three districts at Sierra-Azul: AM District (2020) - 100% owned, 20-km long red-bed style copper system, identified 14 targets (AM-01 to AM-14), highlight samples: 34.4% copper and 305 g/t silver; Conejo District (2021) – 100% owned, high-grade copper-silver, 40km south of AM, spans 3.7 kms, samples over 3.7 km averaging 4.9% copper (2% cutoff); URU District (2021) – 100% owned, located 30km south of Conejo, identified 12 targets (URU-01 to URU-12), highlight samples of 14.8% copper and 132 g/t silver."]
Leadership
Brett Matich (CEO, President & Director, Mr. Matich has over 25 years of mining experience as CEO of companies listed on the Australian (ASX), Canadian (TSX & CSE), USA (OTCQX), and London (AIM) stock exchanges. With a background in engineering, he is a member of the American Society of Civil Engineers (ASCE) and Australian Institute of Company Directors (AICD) with a proven track record of transitioning projects from exploration to operation.), Paul John (Director, Mr. John graduated from the University of Victoria, B.C. with a Bachelor of Arts degree, majoring in Economics and Political Science. He acquired the Work Wear World franchise in the interior of British Columbia and sold his chain of stores to Mark's Work Warehouse in 1999, a publicly traded company listed on the Toronto Stock Exchange. In 2001 Paul was appointed General Manager, Franchises for Work World, a position he held until 2010.), Alex Helmel (CFO, Mr. Helmel is an Independent Management Consultant with specific expertise working with early stage venture companies within the Canadian Capital Markets. Mr. Helmel focuses on private to public market transitions, corporate governance, the development of senior management teams and corporate growth strategies. Mr. Helmel has served as a director or officer for numerous private, CSE and TSX-V listed corporations.), Henrique De Sales (Florália: Head of Operations, Based in Belo Horizonte, Mr. De Sales is a professional geologist with over 12 years’ experience in the iron ore industry in Brazil. Viewed as an Iron ore expert has acted as consultant and advisor for number of Brazilian Companies including VALE iron ore division. Responsible for exploration, scale up & developing a number of hematite iron ore mines in Brazil, including Ferro Puro.)

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