Max Resources(TSXV:MAX)

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, particularly in the iron ore sector. The company has a strong management team with extensive experience in mining and project development across various international markets.

Verified company data

Cash position
$2.5 Million
Shares outstanding
54,000,000
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 Project: 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. It 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. 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. 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. The continuing artisanal mining development, modern development of the world class Marmato gold mine, and the most recent Apollo gold discovery in 2023 underline the potential of the Mora Property for bulk mining exploitation.","Florália High Purity Iron Project: 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; identified targets to be drilled; hematite DSO geological target from 8 to 12mt at 58% Fe to 50 to 70mt at 55 to 61% Fe from surface and open in all directions. The 2025 exploration program at Florália is currently underway, including bulk samples for certified pilot plant test and product samples for offtake, environmental and logistics surveys, auger drill program (approx. 800m), and diamond drill program (approx. 1,000m).","Sierra Azul Copper-Silver Project: 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. 2024 exploration at Sierra Azul is fully funded by Freeport-McMoRan Inc. and includes drill target development and regional exploration. Exploration is currently focused on three districts at Sierra-Azul: AM District (2020) - 100% owned, Conejo District (2021) – 100% owned, and URU District (2021) – 100% owned. The AM-13 discovery includes results from 10 mineralized outcrops from the Cedro Valley, with significant copper and silver intersections. Future exploration at AM-13 will look to establish the continuity of mineralization between the Cedro valley and Mapurito valley outcrops."]
Leadership
Brett Matich (CEO, President & Director, Mr. Matich has over 25 years of mining experience as CEO of companies listed on the Australian, Canadian, USA, and London stock exchanges. He has a proven track record of transitioning projects from exploration to operation.), Paul John (Director, Mr. John graduated from the University of Victoria with a Bachelor of Arts degree, majoring in Economics and Political Science. He has experience in managing franchises and was General Manager for Work World.), Alex Helmel (CFO, Mr. Helmel is an Independent Management Consultant with expertise in early stage venture companies within the Canadian Capital Markets, focusing on corporate governance and growth strategies.), Henrique De Sales (Florália: Head of Operations, Mr. De Sales is a professional geologist with over 12 years of experience in the iron ore industry in Brazil, responsible for exploration and development of hematite iron ore mines.), Joseph Campbell (Director, Mr. Campbell is a professional geologist with over 35 years of experience in exploration and mining, including roles with major mining companies and as co-founder of a successful geoscientific consulting firm.

Verified data last updated: 2026-05-15

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