Exploring Three Tier One Projects in South America
Mora Gold Silver in Colombia (right to purchase 100%) lies along the most productive Middle Cauca Gold Belt encompasses over 40 historic workings, 5 active mines, a series of exposed polymetallic structures spread over 2,500m by 1,000m. Mora's 8.2 km border is surrounded by Collective Mining's (TSX, NYSE: CNL) Guayabales Gold Project and Aris Mining's (TSX: ARIS, NYSE: ARMN) Marmato 9.2Moz¹ gold operations.
Wholly owned Sierra Azul Copper Silver Colombia (>100,000ha) sits along the Colombian portion of the world's largest producing copper belt (Andean belt), covering three significant Districts (AM, Conejo, URU) spanning over 120 km of strike. Located adjacent to major infrastructure resulting from mining operations, including Cerrejón, the largest coal mine in South America, held by global miner Glencore. Freeport-McMoRan (NYSE: FCX) hold rights to earn up to 80% of Sierra Azul by Funding Cumulative Expenditures of $50m.
Florália High-Purity Iron Project in Brazil (Max Brazil 100%) lies adjacent to the largest iron ore mines in Minas Gerais, Brazil's largest iron ore and steel producing State. Exploration includes drilling, define Exploration Target of 50-70 Mt at 55%-61% Fe. As fully funded through an option to purchase by Bolt Metals Corp (CSE: BOLT) issuing an aggregate of 32.3m shares. The transaction is subject to satisfactory applicable regulatory approvals.
Corporate PresentationColombia
Mora Gold-Silver
Mora Gold-Silver Property (Max has rights to purchase 100%) lies within the prolific Middle Cauca Gold Belt encompasses 40 historic workings, 5 active mines, a series of exposed polymetallic structures over 2,500m by 1,000m.
The 2026 exploration program is well underway.
View Project Page
(TSX: ARIS, NYSE: ARMN) abuts the Mora Property along 3.4 km eastern boundary
12Moz Marmato Gold Mining Operation:
- P&P Reserve: 31.3Mt @ 3.2 g/t gold for 3.2Moz
- M&I Resource: 61.5Mt @ 3.0 g/t gold for 6.0Moz
- Inf. Resource: 35Mt @ 2.4 g/t gold for 2.8Moz
- (TSX: CNL, NYSE: CNL) abuts common boundary of 4.8 km
- Host to the bulk Apollo Gold Discovery
Surface channel sample results include:
- 45.0 g/t gold & 7,110 g/t silver over 1.0m
- 32.0 g/t gold & 53 g/t silver over 1.0m
- 27.0 g/t gold & 732 g/t silver over 1.0m
Colombia
Sierra Azul Copper-Silver
Sierra Azul Copper-Silver (owned 100%) sits along the Colombian portion of the world's largest producing copper belt (Andean belt) covering three significant Districts (AM, Conejo, URU) spanning over 120 km of strike.
Sierra Azul is adjacent to major mining infrastructure and Glencore's Cerrejón, the largest open cut coal mine in South America.
Sierra Azul is fully funded by global miner Freeport-McMoRan Inc. (NYSE: FCX) funding cumulative expenditures of C$50 million to acquire up to 80%
AM-13 & 15 discoveries highlight channels:
1.8% copper and 7 g/t silver over 48.0m
1.0% copper and 6 g/t silver over 26.0m
hosts Manto-style mineralization and alteration, similar to deposits in northern Chile, mineralized corridor extends over 100 km hosts several economic deposits as Mantos Blancos 500 Mt at 1.18% copper and 12 g/t silver*
The 2025 exploration campaign's focus of identifying additional drill targets by Freeport/Max prior to drilling both the next important catalysts.
Brazil
Florália High Purity Iron
Florália High Purity Iron (100% owned by Max Brazil) located in Minas Gerais, Brazil's largest iron ore and steel producing State. Most importantly, has established road access to rail terminal (15 km) linking to steel mills and shipping ports; roads connect to buyers Vale (16 km), ArcelorMittal (26 km) and GSM (24 km) ensuring efficient logistics and market access.
Historic 252,000t open cut
Exploration Target: 50-70Mt at 55%-61% Fe*
Funded by Bolt Metals (CSE: BOLT) option expended US $270,000 to date can purchase for aggregate of 32.3M BOLT shares. Subject to regulatory approvals. Bolt completed $3.5M financings and arranged PP for $4M.
Potential pathway to mining based on success of drilling, feasibility and development.
Source: https://aris-mining.com/operation/reserves-and-resources/, P&P Reserve: 31.3Mt @ 3.2g/t Au, M&I Resource: 61.5Mt @ 3.0g/t Au for 9.2Mozs
Max advises investors that the gold mineralization at the Marmato gold deposit and the Apollo porphyry zone may not necessarily by indicative of similar mineralization at the Mora Property. Max further advises the QP has been unable to verify the information on Marmato and Guayabales and that the information is not necessarily indicative to the mineralization on the Mora Property.
The Company cautions investors that the potential quantity and grade of the Floralia Exploration Target is conceptual in nature and therefore is an approximation. There has been insufficient exploration to estimate a Mineral Resource and it is uncertain if further exploration will result in the estimation of a Mineral Resource. Hematite mineralization tonnage potential estimation is based on in situ high-grade outcrops and interpreted and modelled magnetic anomalies. Density value used for the estimate is 2.8t/m³. Hematite sample grades range between 55-61%Fe. The 58 channel samples were collected for chemical analysis from in situ outcrops in previously mined slopes of industrial materials. All samples have been sent to ALS Laboratories for follow up chemical analysis.