Highlights
- 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
Overview
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.
Neighboring Projects & Geology
Mora exhibits geological similarities to the Marmato deposit, including comparable host rocks, structural trends, styles of mineralization, and alteration types — all key features of bulk-tonnage porphyry-related gold systems in the Middle Cauca Gold Belt. Reconnaissance work in April 2025 confirmed NW-SE striking polymetallic sub-parallel mineralized structures with over 2,500 m of strike and 1,500 m of width, dipping SW. Mineralized structures appear to continue across the boundary toward Marmato, while the northern border trends toward the Apollo porphyry system.
Exploration History
Exploration has historically been limited to artisanal mining and small-scale workings. A 2012 Crown Gold Corp. report² 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.
In April 2025, a consultant’s reconnaissance visit confirmed more than 40 historic workings and 5 active artisanal mines within the San Juan Sector, as well as multiple polymetallic mineralized structures extending onto Marmato ground¹.
Highlights of channel sampling at Mora include (2025 reconnaissance and 2012 Crown Gold²):
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 veins¹² and Apollo-style porphyry mineralization³.
1 https://aris-mining.com/operation/reserves-and-resources/
2 Crown Gold Corp. news release dated December 20, 2012
Next Steps
The continuing artisanal mining development which predates Colombian times, modern development of the world class Marmato gold mine and the most recent Apollo gold discovery in 2023, underlines the potential of the Mora Property for bulk mining exploitation.
The initial exploration program will consist of three goals:
- Collect all historic data and perform a property wide assessment
- Identify and map all historic workings and active mines
- Conduct outcrop, road cut geological mapping and sampling all to initiate stage two
Disclaimers
Max advises investors that the mineralization at the Marmato deposit (Aris Mining¹) and the Apollo porphyry zone (Collective Mining³) may not necessarily be indicative of mineralization at Mora. The Qualified Person has not independently verified information regarding adjacent properties, and such information should not be considered representative of Mora’s potential.
The Company’s disclosure of a technical or scientific nature has been reviewed and approved by Tim Henneberry, P.Geo. (BC), a member of Max Resource’s advisory board and a Qualified Person under NI 43-101.
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