Max Resource Corp (MAX)

Max Enters Debt and Option Agreements with Bolt Metals for Its Florália High-Purity Iron Property in BrazilMay 13, 2026 12:30 PM
NewsfileVancouver, British Columbia--(Newsfile Corp. - May 13, 2026) - MAX RESOURCE CORP. (TSXV: MAX) ("Max" or the "Company") is pleased to announce that, further to the letter of intent dated October 23, 2025, the Company has entered into a debt settlement agreement (the "Debt Settlement") with Bolt Metals Corp. ("Bolt") in connection with exploration costs incurred by Max relating to its Florália High Purity Iron Property (title no. 832.022/2018) (the "Property") by issuing to Max: (i) 4,000,000 Shares of Bolt ("Shares"); and (ii) 2,000,000 pre-funded warrants of Bolt under certain terms. In addition, Max Iron Brazil Ltd. ("Max Iron") an entity controlled by Max has entered into a definitive option agreement (the "Option Agreement") pursuant to Bolt acquiring 100% of the Property, by issuing to Max Iron an aggregate of 26,800,000 Bolt Shares under certain terms.Florália High Purity Iron Property HighlightsThe Property is located 67 km east of the capital city of Belo Horizonte, Minas Gerais, Brazil's largest iron ore and steel-producing state. Iron ore remains critical for global infrastructure and steel production. Ongoing urbanization in emerging markets continues to support high-grade iron assets, which offer reliable supply with a lower environmental footprint. Key project highlights include:Strategic Location and Logistics: Lies adjacent to established infrastructure, rail networks, and major local markets (including Vale, ArcelorMittal, and Avante) ensuring highly efficient logistics and market access. Strong Exploration Potential: The initial oxide exploration target is estimated at 50 to 70 Mt grading 55% to 61% Fe¹Favorable Metallurgy: Low-cost crushing and dry magnetic processingSignificantly De-Risked: Advanced by existing open-cut, historical drilling, airborne LiDAR/Magnetic survey and metallurgical test work. The project does not require a tailings dam or water permits, allowing for fast-tracked permitting, reduces capital expenditure and the overall environmental footprint.¹The Company cautions investors that the potential quantity and grade of the Florália 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. "We are excited to enter into this agreement with our new partners who have received gross proceeds of over $10 million through equity financings in the past 12 months accompanied with strong stakeholder support. This transaction underscores our active strategy of focusing capital and advancement of the Company's Mora Gold Silver and Sierra Azul Copper Silver projects in Colombia," commented Max CEO, Brett Matich.Figure 1: Advantages; major infrastructure, local ready market requiring minimal transportation, upon successful exploration and development: rail terminal, Vale (16 km NW) and ArcelorMittal (26 km NE)To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/3834/297341_924bcec3449e685c_001full.jpg Figure 2: Florália open cut and historic drilling campaignTo view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/3834/297341_924bcec3449e685c_002full.jpg Debt SettlementBolt has entered into a Debt Settlement Agreement with Max dated May 11, 2026, by issuing to Max: (i) 4,000,000 Shares of Bolt ("Shares"); and (ii) 2,000,000 pre-funded warrants of Bolt. Each Pre-Funded Warrant will be exercisable into one Bolt Share at an exercise price of $0.001 per share for a period of 24-months from the date of issuance. The securities will be subject to resale restriction for a period of 24-months from the date of issuance.Provided that Max, together with its affiliates, owns at least 5.0% of the issued and outstanding Shares of Bolt, Max will be entitled to nominate one director to Bolt's board of directors and will have a participation right to maintain its percentage ownership interest in connection with certain future equity issuances by Bolt.Following issuance of the securities under the Debt Settlement are subject to receipt of all required regulatory approvals.Option AgreementBolt has entered into a definitive Option Agreement with Max dated May 12, 2026, whereby upon exercise of the Option, Bolt may acquire a 100% interest in the Property by issuing to Max Iron an aggregate of 26,800,000 common shares of Bolt (the "Shares") over a 30-month period as follows: a) 6,700,000 Bolt Shares within 12-months of the effective date, b) 6,700,000 Bolt Shares on the 18-month anniversary, c) 6,700,000 Bolt Shares on the 24-month anniversary, d) 6,700,000 Bolt Shares on the 30-month anniversary.Upon the completion of the total issuance of the Bolt Shares, the Bolt Shares must represent no less than 25% of the issued and outstanding Bolt Shares, if less than 25%, Bolt will issue additional Bolt Shares such that Max Iron holds, in aggregate, 25% of the Shares of Bolt following the issuance. Bolt may accelerate exercise of the option at any time prior to expiry of the 30-month option period. In certain circumstances, including a change of control of Bolt, an encumbrance of the Property, or a decision to mine, Bolt will satisfy all remaining option conditions within five business days.Following issuance of the securities under the Option Agreement are subject to receipt of all required regulatory approvals.Quality AssuranceChemical analysis was performed at ALS Laboratories. Metal Oxides are determined using XRF analysis. Fusion disks are made with pulped samples and the addition of a borate-based flux. Analysis at ALS is for a 24-element suite. FeO is determined using titration and LOI using loss determination by thermogravimetric analysis at 1000°C. Max did not insert standards or blanks in the assay stream and is relying on ALS's lab QA/QC. The ALS lab inserts its own standards at set frequencies and monitors the precision of the XRF analysis. These results reported well within the specified 2 standard deviations of the mean grades for the main elements.Qualified PersonThe technical content of this Management Discussion and Analysis was reviewed and approved by R. Tim Henneberry, P.Geo.(BC), an independent advisor to the Company.About Max Resource Corp.Max Resource is a mineral exploration company listed on the TSX.V under the ticker "MAX" focused on copper and precious metals assets in Colombia, Mora Gold Silver and the fully funded Sierra Azul Copper Silver and exploration development of the fully funded Florália High Purity Iron Project in Brazil.Sierra Azul Copper Silver (wholly owned) sits along the Colombian portion of the world's largest producing copper belt (Andean belt) adjacent to world-class infrastructure and the presence of global majors (Glencore and Chevron). Fully funded by global miner Freeport-McMoRan (NYSE: FCX) relating to rights to earn up to 80% by funding $50 million of accumulated expenditures. Backed by support of Freeport-McMoRan, the Max team views as validation of the geological and mining potential of Sierra Azul. On April 28, 2026, as part of the 2026 exploration season, Max reported high-grade channel results over intervals from 16 to 59m significantly expanded the Manto-style mineralized footprint to over 8 km² within the AM District.Mora Gold Silver (right to purchase 100%) lies along the most productive Middle Cauca Gold Belt encompasses numerous 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 mining operations. P&P Reserve: 31.3Mt @ 3.2g/t Au, M&I Resource: 61.5Mt @ 3.0g/t Au for 9.2Moz*. On February 26, 2026, Max reported completion of LiDAR survey, progress of the PTO and channel sampling along the entire tunnels of the El Oso and the El Cielo underground ("U/G") mine all within the NAN zone. Work continues to outline the continuity of the 5,000m Marmato-type mineralized corridor. Max cautions investors that the gold mineralization at the Marmato gold deposit may not necessarily be indicative of similar mineralization at the Mora Property. Max further advises the QP has been unable to verify the information on Marmato and that the information is not necessarily indicative to the mineralization on the Mora Property. *Source: https://aris-mining.com/operation/reserves-and-resources/ For more information visit on Max Resource: https://www.maxresource.com/ For further information, please contact:Tim McNulty E:

Canadian Investment Regulatory Organization Trading Halt - MAXMay 13, 2026 11:01 AM
PR Newswire (Canada) VANCOUVER, BC, May 13, 2026 /CNW/ - The following issues have been halted by CIROCompany: MAX Resource Corp.TSX-Venture Symbol: MAXAll Issues: YesReason: Pending NewsHalt Time (ET): 10:52 AMCIRO can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada.SOURCE Canadian Investment Regulatory Organization (CIRO) – Halts/Resumptions Original: Canadian Investment Regulatory Organization Trading Halt - MAX

Suspension de la négociation par l'Organisme canadien de réglementation des investissements - MAXMay 13, 2026 11:03 AM
PR Newswire (Canada) VANCOUVER, BC, le 13 mai 2026 /CNW/ - L'OCRI a suspendu la négociation des titres suivants :Société : MAX Resource Corp.Symbole à la Bourse de croissance TSX : MAXLes titres : OuiMotif : Nouvelle en attenteHeure de la suspension (HE) : 10 h 52L'OCRI peut prendre la décision de suspendre (ou d'arrêter) temporairement les opérations à l'égard d'un titre d'une société cotée en bourse. Les arrêts des opérations sont mis en oeuvre afin d'assurer le bon fonctionnement d'un marché équitable. L'OCRI est l'organisme d'autoréglementation national qui surveille l'ensemble des courtiers en placement et l'ensemble des opérations effectuées sur les marchés des titres de capitaux propres et les marchés des titres de créance au Canada.SOURCE L’Organisme canadien de règlementation des investissements (OCRI) - Arrêts/Reprises Original: Suspension de la négociation par l'Organisme canadien de réglementation des investissements - MAX

Max Resource Reports U.S. Investor Strategy Via OTCQB ListingMay 7, 2026 8:00 AM
NewsfileVancouver, British Columbia--(Newsfile Corp. - May 7, 2026) - MAX RESOURCE CORP.  (TSXV: MAX) (OTC Pink: MXROF) (FSE: M1D) ("Max" or the "Company") a mineral exploration company with high purity iron, base and precious metals assets in South America is pleased to announce, that it has applied for its ordinary shares to be admitted to trading on the OTCQB. Listing on the OTCQB is an important step in enhancing the Company's visibility with U.S. investors, improve trading accessibility and advancing its capital markets strategy. The Company's common shares would continue to trade on the Toronto Stock Exchange Venture ("TSX.V") under the symbol "MAX". The Company's OTCQB application is subject to OTC Markets' review and approval.Additionally, the Company's common shares are eligible for settlement through the Depository Trust Company ("DTC"), a subsidiary of the Depository Trust & Clearing Corp., which facilitates the electronic clearing and settlement of publicly traded companies in the United States. DTC eligibility reduces costs and accelerates the settlement process for investors and brokers in the United States, allowing the Company's common shares to be traded more easily across a wider range of U.S. brokerage firms by fulfilling their compliance requirements."We believe that uplisting on the OTCQB would expand Max's exposure to U.S. investors, increase trading accessibility and liquidity, and support the Company's efforts to build a broader international shareholder base as the exploration season advances into full swing," comments Max CEO, Brett Matich."Updates in connection with the Company's activities of Mora Gold, Sierra Azul Copper Silver and the Floralia High Purity Iron option agreement with CSE listed Bolt Metals Corp. will be released shortly," he concluded. About Max Resource Corp.Max Resource is a mineral exploration company listed on the TSX.V focused on copper and precious metals assets in Colombia (Mora Gold Silver and the fully funded Sierra Azul Copper Silver) and exploration development of the fully funded Florália High Purity Iron Project in Brazil.Sierra Azul Copper Silver in Colombia (wholly owned) sits along the Colombian portion of the world's largest producing copper belt (Andean belt) adjacent to world-class infrastructure and the presence of global majors (Glencore and Chevron). Fully funded by global miner Freeport-McMoRan (NYSE: FCX) relating to rights to earn up to 80% by funding $50 million of accumulated expenditures. Backed by support of Freeport-McMoRan, the Max team views as validation of the geological and mining potential of Sierra Azul. The 2026 exploration season is well underway. On April 28, 2026, Max reported high-grade channel results over intervals from 16 to 59m significantly expanded the Manto-style mineralized footprint to over 8 km² within the AM District.Mora Gold Silver in Colombia (right to purchase 100%) lies along the most productive Middle Cauca Gold Belt encompasses numerous 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 mining operations. P&P Reserve: 31.3Mt @ 3.2g/t Au, M&I Resource: 61.5Mt @ 3.0g/t Au for 9.2Moz¹. On February 26, 2026, Max reported completion of LiDAR survey, progress of the PTO and channel sampling along the entire tunnels of the El Oso and the El Cielo underground ("U/G") mine all within the NAN zone. Work continues to outline the continuity of the 5,000m Marmato-Type mineralized corridor.Max cautions investors that the gold mineralization at the Marmato gold deposit may not necessarily be indicative of similar mineralization at the Mora Property. Max further advises the QP has been unable to verify the information on Marmato and that the information is not necessarily indicative to the mineralization on the Mora Property. Source¹: https://aris-mining.com/operation/reserves-and-resources/ Florália High Purity Iron in Brazil (wholly owned) lies adjacent to the largest iron ore mines in Minas Gerais, Brazil's largest iron ore and steel producing State. Initial Exploration Target of 50-70 Mt at 55%-61% Fe. Fully funded through an LOI option to purchase reported October 2, 2025, by Bolt Metals Corp (CSE: BOLT) issuing an aggregate of 32.3m Bolt shares. Exploration includes airborne LiDAR/Magnetic survey, channel sampling historical pit/road cuts of 149,131 returned 50-61% Fe, 761m of diamond and 915m of auger drilling, dry magnetic test work and environmental surveys. The transaction is subject to satisfactory due diligence and applicable regulatory approvals. Since the execution of the LOI, Bolt has received gross proceeds of $9,600,000 from private placements. Max cautions investors the potential quantity and grade of the iron ore is conceptual in nature, and further cautions there has been insufficient exploration to define a mineral resource and Max is uncertain if further exploration will result in the exploration target being delineated as a mineral resource. Hematite mineralization tonnage potential estimation is based on in situ high-grade outcrops, interpreted and modelled magnetic anomalies. Density value used for the estimate is 3.0t/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.Qualified PersonThe Company's disclosure of a technical or scientific nature in this news release was reviewed and approved by Tim Henneberry, P.Geo (British Columbia), a member of the Max Resource advisory board, who serves as a qualified person under the definition of National Instrument 43-101.For more information visit on Max Resource: https://www.maxresource.com/ For additional information contact: 
Tim McNulty E:

Max Reports High-Grade Channel Results at Its Sierra Azul Project District-Scale Manto-Style Copper Silver SystemApril 28, 2026 8:00 AM
NewsfileVancouver, British Columbia--(Newsfile Corp. - April 28, 2026) - MAX RESOURCE CORP. (TSXV: MAX) (OTC Pink: MXROF) (FSE: M1D) ("Max" or the "Company") is pleased to report high-grade chip channel ("Channel") results over intervals from 16 to 59 metres from a systematic field campaign have significantly expanded the Manto-style mineralized footprint to over 8 km² within the AM District, situated on the Andean Belt on the northern portion of the Company's wholly owned Sierra Azul Project in northeastern Colombia (refer to Figures 1 to 4, Table 1 and Appendix 1). Highlights: 1.6% copper & 7 g/t silver over 59.0m, AM13(1) continuous saw-cut channel1.6% copper & 6 g/t silver over 50.0m, AM13(2) continuous chip channel1.4% copper & 8 g/t silver over 19.0m, AM15(3) continuous chip channel1.3% copper & 6 g/t silver over 20.7m, AM16(4) continuous chip channel1.2% copper & 6 g/t silver over 31.0m, AM13(5) continuous chip channel1.0% copper & 5 g/t silver over 16.0m, AM16(6) continuous chip channel1.0% copper & 3 g/t silver over 16.0m, AM15(7) continuous chip channel The Manto-style copper silver mineralization footprint (includes AM13, AM15 and newly the discovered AM16) now spans over 4,000m x 2,000m, reinforcing the potential of a large-scale Manto-style system. Strata-bound mineralization is found in structurally prepared and porous horizons within a thick sequence of volcanic rocks of Jurassic age. Regionally, the volcanic sequence strikes between 40° and 50°, dips between 60° and 80° NW.The field teams are on the ground, systematically working to expand the Manto footprint and building towards drill target definition. Detailed soil and stream sediment sampling programs are also underway designed to determine the continuation of the known mineralized lenses under soil cover as well as identify new mineralized occurrences.The Manto-style mineralization appears to be broadly analogous to the El Soldado Mine in central Chile (P&P 17.8 Mt @ 0.70% copper, M&I 193.8 Mt @ 0.56% copper*). El Soldado is a Manto-type copper deposit situated on the Andean Belt (world's largest producing copper belt) in central Chile. The mine comprises a cluster of orebodies that occur within an area of 2,000m x 800m and extend 600m vertically. The orebodies are irregular in shape and size, showing a primary mineralization sequence that includes an outer pyrite-rich halo, followed inwards by chalcopyritic zones and a bornite-chalcocite core. *Source: https://www.angloamerican.com/~/media/Files/A/Anglo-American-Group-v9/PLC/investors/annual-reporting/2025/anglo-american-ore-reserves-and-mineral-resources-report-2025.pdf ; https://minedocs.com/20/Chilean_Geological_Congress_EL_Soldado_Copper_Deposit_2009.pdf#page=1). Max cautions investors mineralization a El Soldado is not necessarily indicative of similar mineralization at Sierra Azul. "This is a significant achievement by the Max team working with Freeport-McMoRan Exploration Corporation (Freeport) as we continue to unlock the potential of Sierra Azul. Freeport continues to contribute to the $50 million earn-in enforcing the belief Sierra Azul hosts one of the worlds largest underexplored sedimentary and volcanic copper systems," commented Max CEO, Brett Matich."The significance of the discovery and subsequent evaluation of the Manto-style mineralization at Sierra Azul cannot be overstated. These high-grade bodies are in close proximity to each other and could be exploited from a central facility. Importantly, the Manto-type lenses identified to date have the potential for considerable tonnage," stated Bruce Counts, Head of Exploration for Sierra Azul.Figure 1: AM District: 8 km² Manto-style copper silver footprint reinforcing potential of a large-scale system.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/3834/294484_57d01b0cb4f3abb0_001full.jpg Figure 2: Sierra Azul is adjacent to major mining infrastructure, comprising of three districts: AM, CON and URU, collectively the three districts spread over 100 km in NNE/SSW direction.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/3834/294484_max-figure2.jpgAM District: Manto-Style Copper Silver MineralizationThe AM District hosts two types of strata-bound copper systems, the sediment-hosted and the Manto-type. The sedimentary sequence is composed of fine to very fine reddish to greenish sandstones interbedding with siltstones, in this context organic matter is the reducing agent causing the precipitation of copper. The Manto-type systems are hosted by volcanic rocks, andesite and dacite. The volcanic rocks show chlorite, epidote, and prehnite alteration with bitumen acting as the reducing agent for copper enrichment. The ore forming minerals of the Manto-type systems include bornite, chalcocite and lesser amounts of chalcopyrite.Figure 3: Mineralized andesite showing epidote-altered lense with native copper.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/3834/294484_max-figure3.jpgAM13 - the mineralization is hosted in an andesitic tuff (a type of volcanic rock) that strikes 50°, dips 70° northwest and has been structurally prepared by faulting. The first mineralized outcrops were discovered in the Cedro valley and subsequent continuous saw-cut channel sampling returned 1.8% copper & 7.2 g/t silver over 48.0mAM15 - located approximately 1,300m to the northwest of AM13 mineralization is found filling fractures and vesicles of an andesitic tuff. Ore forming minerals include chalcocite, malachite and azurite.AM16 - located approximately 1,800m to the west of AM13. Mineralization is found in veinlets and filling cavities within andesite, agglomerate and breccias. The mineralized rocks show hydrothermal overprinting and a chalcocite rich matrix. Epidote lenses with high native copper content are present in joints that are parallel to and cross-cut the bedding. Ore forming minerals include malachite, chalcocite and native copper.Figure 4: Cross section of AM16 and mineralization showing 1) andesite with high bitumen content 2) auto breccification of amygdular purple andesite and agglomerate.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/3834/294484_max-figure4.jpgAll the targets cluster within a 2-kilometre radius (AM13, AM15 and AM16) and have similar host rocks and ore forming minerals. Stream sediment and soil sampling indicates that additional targets may be present in the area and geological mapping teams have been deployed to follow-up on these results. Exploration teams are also working to understand the factors controlling mineralization and the potential for vertical extent at each of the targets.Intervals84Z18N-E84Z18N-N84Z18N-E84Z18N-EAzimuthChannelZone#
StartEnd



59.0m @ 1.6% copper+7 g/t silver 75647712065467564411206587313continuous saw cutAM13155.0m @ 1.6% copper+6 g/t silver 75643312065617564791206536127continuous chipAM13219.0m @ 1.4% copper+8 g/t silver 75539012076767554011120769040continuous chipAM15320.7m @ 1.3% copper+6 g/t silver 75466612066317546491206638295continuous chipAM16431.0m @ 1.2% copper+6 g/t silver 75585712066157558531206621340continuous chipAM13516.0m @ 1.0% copper+5 g/t silver 75411012069007541001206912320continuous chipAM16616.0m @ 1.0% copper+3 g/t silver 7553671207662755376120767435continuous chipAM1577.0m @ 1.7% copper+7 g/t silver 7541581206788754159120679410continuous chipAM1685.6m @ 1.7% copper+9 g/t silver 75420312068767542071206874115continuous chipAM1697.0m @ 1.5% copper+10 g/t silver 75476812066207547641206625320continuous chipAM161012.0m @ 1.2% copper+5 g/t silver 75644012066767564311206684338continuous chipAM13118.0m @ 1.0% copper+10 g/t silver 75576812073057557701207298161continuous chipAM151211.0m @ 0.8% copper+7 g/t silver 75592712066317559281206631300continuous chipAM13135.0m @ 0.8% copper+4 g/t silver 7559941207488755995120749221continuous chipAM151412.0m @ 0.7% copper+7 g/t silver 757222120731475721221207324355continuous chipAM15158.0m @ 0.7% copper+4 g/t silver 75399412067167539931206723350continuous chipAM161610.0m @ 0.6% copper+10 g/t silver 75564912073597556441207366323continuous chipAM151710.0m @ 0.6% copper+4 g/t silver 75411812069187541151206927340continuous chipAM16188.0m @ 0.6% copper+9 g/t silver 75582912073227558361207320139continuous chipAM15198.0m @ 0.5% copper+10 g/t silver7554912073597556441207366323continuous chipAM1520 Table 1: Highlight channels combined with previous results. Refer to Appendix 1 for complete sample intervals.Quality AssuranceMax adheres to a strict QA/QC program for sample handling, sampling, sample transportation and analyses. All 21 rock samples were taken by the Max consulting geologist, labelled, placed in sealed, securitized bags and shipped to ALS Lab's sample preparation facility in Medellin, Columbia. ALS Medellin is an ISO 9001: 2008 certified facility and is independent of Max. All samples were analyzed using ALS procedure ME-ICP61, a four-acid digestion with inductively coupled plasma finished. Over-limit gold is determined by ALS procedure Au-GRA21 a 30-gram fire assay with a gravimetric finish. Over-limit silver, lead, arsenic and zinc were determined by ALS procedure OG-62, a four-acid digestion with an atomic absorption spectroscopy finish. At this early stage of exploration, Max relied on the QA/QC protocols employed by ALS. Qualified PersonThe Company's disclosure of a technical or scientific nature in this news release was reviewed and approved by Tim Henneberry, P.Geo (British Columbia), a member of the Max Resource advisory board, who serves as a qualified person under the definition of National Instrument 43-101.About Max Resource Corp.Max Resource is a mineral exploration company focused on copper and precious metals assets in Colombia (Mora Gold Silver Property and the fully funded Sierra Azul Copper Silver Project) and exploration development of the fully funded Florália High Purity Iron Project in Brazil.Sierra Azul Copper Silver in Colombia, sits along the Colombian portion of the world's largest producing copper belt (Andean belt), with world-class infrastructure and the presence of global majors (Glencore and Chevron). Fully funded by global miner Freeport-McMoRan (NYSE: FCX) relating to rights to earn up to 80% by funding $50 million of accumulated expenditures. Backed by support of Freeport-McMoRan, the Max team views as validation of the geological and mining potential of Sierra Azul. The 2026 exploration season is well underway.Mora Gold Silver in Brazil (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 mining operations. P&P Reserve: 31.3Mt @ 3.2g/t Au, M&I Resource: 61.5Mt @ 3.0g/t Au for 9.2Moz¹.Max cautions investors that the gold mineralization at the Marmato gold deposit may not necessarily be indicative of similar mineralization at the Mora Property. Max further advises the QP has been unable to verify the information on Marmato and that the information is not necessarily indicative to the mineralization on the Mora Property. Source: https://aris-mining.com/operation/reserves-and-resources/ Florália High Purity Iron lies adjacent to the largest iron ore mines in Minas Gerais, Brazil's largest iron ore and steel producing State. Exploration Target of 50-70Mt at 55%-61% Fe. Fully funded through an LOI 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. Since the execution of the LOI, BOLT has received aggregate gross proceeds of $9,600,000 from private placements. Max cautions investors the potential quantity and grade of the iron ore is conceptual in nature, and further cautions there has been insufficient exploration to define a mineral resource and Max is uncertain if further exploration will result in the exploration target being delineated as a mineral resource. Hematite mineralization tonnage potential estimation is based on in situ high-grade outcrops, interpreted and modelled magnetic anomalies. Density value used for the estimate is 3.0t/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.Appendix 1: Complete sample intervals (R = Repeat)ZoneSample ID84Z18N_E84Z18N_NChannel TypeLength (m)Silver (g/t)Copper (%)Silver (g/t)-RCopper (%)-RAM-15501669755993.531207488chip channel1.09.422900

AM-15501670755993.871207489chip channel1.05.49750

AM-15501671755994.211207489.9chip channel1.03.88240

AM-15501672755994.551207490.8chip channel1.00.25414

AM-15501673755994.891207491.8chip channel1.00.25292

CH-14 #14


5.03.828319

AM-13501751756432.511206561.1channel1.02.89750

AM-13501752756433.351206560.6channel1.06.519100

AM-13501753756434.091206559.8channel1.07.320100

AM-13501754756434.391206558.1channel1.06.316950

AM-13501755756434.631206556.2channel1.013.233100

AM-13501756756435.481206555.7channel1.021.646100

AM-13501757756436.491206555.5channel1.015.829800

AM-13501758756437.491206555.3channel1.07.115650

AM-13501759756438.361206554.8channel1.020.534800

AM-13501760756439.451206554.8channel1.022.844200

AM-13501761756440.331206554.3channel1.09.724100

AM-13501762756441.241206554channel1.029.169500

AM-13501763756441.941206553.1channel1.020.657300

AM-13501764756442.871206552.6channel1.012.124500

AM-13501765756443.931206552.4channel1.03.311100

AM-13501766756445.271206552.7channel1.01344800

AM-13501767756445.651206551.4channel1.07.331100

AM-13501768756446.581206551channel1.04.519450

AM-13501769756447.391206550.4channel1.03.213550

AM-13501770756448.291206550channel1.00.253310

AM-13501771756449.261206549.6channel1.00.86700

AM-13501772756450.011206548.9channel1.00.62710

AM-13501773756450.881206548.4channel1.00.251580

AM-13501774756451.871206548.2channel1.00.252020

AM-13501775756452.831206547.9channel1.00.64630

AM-13501776756453.971206547channel1.00.251075

AM-13501777756454.461206546.1channel1.02.19450

AM-13501778756454.871206545.1channel1.02.97940

AM-13501779756455.731206544.6channel1.00.25674

AM-13501780756456.71206544.1channel1.05.512050

AM-13501781756457.191206543.2channel1.013080

AM-13501782756458.171206542.8channel1.00.7863

AM-13501783756459.181206542.4channel1.00.580

AM-13501784756459.851206541.6channel1.00.2550

AM-13501785756460.411206540.8channel1.00.2554

AM-13501749756430.661206561.7channel1.00.93660

AM-13501750756431.61206561.5channel1.00.87660

AM-13501786756461.271206540.2channel1.00.2556

AM-13501787756462.191206539.7channel1.00.25509

AM-13501788756463.071206539.2channel1.07.917850

AM-13501789756462.671206537.4channel1.021.346600

AM-13501790756463.021206536.3channel1.019.846400

AM-13501791756463.71206535.6channel1.014.433200

AM-13501792756464.481206534.9channel1.013.628800

AM-13501793756465.381206534.4channel1.09.521400

AM-13501794756466.51206534.1channel1.06.114150

AM-13501795756467.411206533.6channel1.04.610500

AM-13501796756468.521206533.3channel1.04.810450

AM-13501797756470.011206533.4channel1.00.6722

AM-13501798756471.951206533.9channel1.00.5358

AM-13501799756473.131206533.7channel1.00.6603

AM-13501800756474.971206534.1channel1.00.5764

AM-13501801756476.981206534.7channel1.00.2531

AM-13501802756477.941206535.3channel1.00.5243

AM-13501803756479.11206535.6channel1.00.25125

CH-2 #2


55.06.415733

AM-13501613756439.921206676.1chip channel1.03.47670

AM-13501614756438.531206676.1chip channel1.06.112350

AM-13501615756436.931206675.9chip channel1.08.919800

AM-13501616756433.011206673.4chip channel1.05.515700

AM-13501617756432.451206674.4chip channel1.0515150

AM-13501618756432.831206676.4chip channel1.01.65830

AM-13501619756433.371206678.6chip channel1.02.19280

AM-13501620756433.191206680.1chip channel1.06.513550

AM-13501621756432.761206680.8chip channel1.08.218500

AM-13501622756432.251206681.9chip channel1.02.68880

AM-13501623756431.841206682.8chip channel1.02.26140

AM-13501624756431.051206683.6chip channel1.05.19830

CH-11 #11


12.04.811890

AM-13510519756476.891206545.6chip channel1.01.12430

AM-13510520756475.891206545.7chip channel1.01.84510

AM-13510521756474.891206545.7chip channel1.02.55620

AM-13510522756473.91206545.7chip channel1.0.3.66820

AM-13510523756472.951206545.7chip channel1.02.95080

AM-135105247564721206546chip channel1.012540

AM-13510525756471.011206545.9chip channel1.00.71760

AM-13510526756470.321206545.6chip channel1.02.13850

AM-13510527756470.091206546.9chip channel1.02.24090

AM-13510528756469.131206547.4chip channel1.04.211150

AM-13510529756468.241206547.8chip channel1.06.817850

AM-13510530756467.31206548.1chip channel1.0616750

AM-13510531756466.391206548.8chip channel1.03.89950

AM-13510532756465.391206548.8chip channel1.05.815900

AM-13510533756464.531206549.1chip channel1.05.19570

AM-13510534756463.551206549.3chip channel1.03.36180

AM-13510535756462.591206549.6chip channel1.04.79600

AM-13510536756461.681206550chip channel1.011.523600

AM-13510537756460.771206550.4chip channel1.012.431600

AM-13510538756459.271206550.4chip channel1.09.625700

AM-13501627756459.271206550.4chip channel1.016.439000

AM-13501628756459.521206552chip channel1.013.130700

AM-135016297564591206552.9chip channel1.010.824700

AM-13501630756458.191206553.6chip channel1.09.521200

AM-13501631756457.441206554.3chip channel1.04.912400

AM-13501632756456.731206555chip channel1.013.429200

AM-13501633756455.851206555.7chip channel1.015.631300

AM-13501634756455.251206556.6chip channel1.011.928300

AM-13501635756454.531206557.3chip channel1.014.429600

AM-13501636756456.581206562.8chip channel1.07.511650

AM-13501637756455.821206563.6chip channel1.010.622300

AM-13501638756455.421206564.7chip channel1.047280

AM-13501639756454.261206564.9chip channel1.04.15840

AM-13501640756453.641206565.8chip channel1.010.718000

AM-13501641756452.981206566.5chip channel1.04.39520

AM-13501642756451.921206566.9chip channel1.05.39550

AM-13501643756451.381206567.8chip channel1.06.511700

AM-13501644756450.581206568.5chip channel1.02.13550

AM-13501645756449.711206569chip channel1.04.37810

AM-13501646756449.081206569.7chip channel1.09.118800

AM-13501647756448.531206570.8chip channel1.09.921700

AM-135016487564481206571.6chip channel1.016.137700

AM-13501649756446.841206572chip channel1.011.832300

AM-13502722756446.381206572.8chip channel1.013.120600

AM-13502723756445.361206572.9chip channel1.011.630300

AM-13502724756444.441206573.7chip channel1.08.315250

AM-13502726756444.011206574.7chip channel1.07.816100

AM-13502751756443.411206575.5chip channel1.07.417800

AM-13502752756442.491206575.9chip channel1.03.89120

AM-13502769756441.61206578chip channel1.05.113100

AM-13502771756441.471206579chip channel1.07.919850

AM-13502772756441.371206580chip channel1.02.15500

AM-13502773756441.191206581chip channel1.01.54260

AM-13502774756440.611206581.8chip channel1.01.44800

AM-13502775756440.861206582.8chip channel1.03.88840

AM-13502776756441.21206583.7chip channel1.0715000

AM-13502777756441.361206584.7chip channel1.08.421500

AM-13502778756441.441206585.7chip channel1.013.131200

AM-13502779756441.091206586.6chip channel1.0519650

CH-1 #1


59.07.015788

AM-15501851757222.341207313.6chip channel1.03.411700

AM-15501852757222.841207314.5chip channel1.09.49650

AM-15501853757223.091207315.5chip channel1.02223300

AM-15501854757223.431207316.4chip channel1.03.63810

AM-15501855757223.081207317.3chip channel1.07.77310

AM-15501856757223.161207318.3chip channel1.07.23570

AM-15501857757223.51207319.3chip channel1.014.114150

AM-15501858757223.151207320.2chip channel1.07.14450

AM-15501859757223.141207321.2chip channel1.03.15620

AM-15501860757223.221207322.2chip channel1.00.7505

AM-155018617572221207323chip channel1.00.2547

AM-155018627572221207324chip channel1.00.2554

CH-15 #15


12.06.67014

AM-15G502901755829.141207321.6chip channel1.02.22600

AM-15G502902755829.951207321chip channel1.03.52450

AM-15G502903755830.761207320.5chip channel1.09.57660

AM-15G5029047558311207319.1chip channel1.018.29640

AM-15G502906755831.871207318.6chip channel1.09.24630

AM-15G502907755834.211207320.8chip channel1.01412500

AM-15G502908755834.891207320.3chip channel1.09.44040

AM-15G502909755835.741207319.8chip channel1.04.26970

CH-19 #19


8.08.86311

AM-15G503073755648.881207358.6chip channel1.02.42130

AM-15G503074755648.281207359.4chip channel1.09.13450

AM-15G503075755647.691207360.2chip channel1.08.55370

AM-15G503076755647.11207361chip channel1.03.62020

AM-15G503077755646.51207361.8chip channel1.014.67430

AM-15G503078755645.911207362.6chip channel1.014.14940

AM-15G503079755645.311207363.4chip channel1.02513100

AM-15G503081755644.721207364.2chip channel1.022.614050

AM-15G503082755644.121207365chip channel1.02.13040

AM-15G503083755643.531207365.8chip channel1.00.25633

CH-17 #17


10.010.25616

AM-15G503382755767.51207304.8chip channel1.01819900

AM-15G503383755767.821207303.9chip channel1.022.419500

AM-15G503384755768.131207302.9chip channel1.00.25325

AM-15G503386755768.451207302chip channel1.00.25248

AM-15G503387755768.761207301chip channel1.021.325900

AM-15G503388755769.081207300.1chip channel1.04.74200

AM-15G503389755769.41207299.1chip channel1.01411200

AM-15G503391755769.711207298.2chip channel1.00.5407

CH-12 #12


8.010.210210

AM-13G510201755857.331206615.3chip channel1.033.752500

AM-13G510202755857.91206614.5chip channel1.03.813150

AM-13G510203755858.481206613.7chip channel1.06.823800

AM-13G510204755858.741206612.7chip channel1.00.511700

AM-13G510206755858.991206611.7chip channel1.00.25257

AM-13G510207755858.911206610.7chip channel1.00.74790

AM-13G510208755858.821206609.7chip channel1.00.64330

AM-13G510209755858.821206608.7chip channel1.00.25268

AM-13G510211755859.391206607.9chip channel1.00.2511000

AM-13G510212755860.161206607.3chip channel1.08.624500

AM-13G510213755860.931206606.6chip channel1.0711250

AM-13G510214755861.131206605.6chip channel1.028.919500

AM-13G510215755861.341206604.7chip channel1.05.910500

AM-13G510216755861.131206603.7chip channel1.03.84960

AM-13G510217755860.931206602.7chip channel1.05.25850

AM-13G510218755861.181206601.7chip channel1.01.72030

AM-13G510219755861.291206600.8chip channel1.03.74790

AM-13G510221755861.391206599.8chip channel1.08.416300

AM-13G510222755861.481206598.8chip channel1.013.723600

AM-13G510223755861.571206597.8chip channel1.09.39670

AM-13G510224755862.211206597chip channel1.00.25194

AM-13G510226755863.021206596.4chip channel1.00.25204

AM-13G510227755863.561206595.6chip channel1.00.2595

AM-13G504922755856.991206616.2chip channel1.06.914800

AM-13G504923755856.11206616.7chip channel1.09.220700

AM-13G504924755855.351206617.4chip channel1.02.15020

AM-13G504926755854.981206618.3chip channel1.04.24800

AM-13G504927755854.281206619chip channel1.015.236900

AM-13G504928755853.591206619.7chip channel1.01.82990

AM-13G504929755853.121206620.6chip channel1.07.712950

AM-13G504931755852.651206621.5chip channel1.013380

CH-5 #5


31.06.211509

AM-13G504958755927.451206631.1chip channel1.05.48190

AM-13G504959755926.581206631.6chip channel1.010.514900

AM-13G504961755925.711206632.1chip channel1.012.614550

AM-13G504962755924.841206632.6chip channel1.014.215800

AM-13G504963755923.971206633.1chip channel1.05.87060

AM-13G504964755923.11206633.6chip channel1.05.75830

AM-13G504966755922.231206634.1chip channel1.05.97000

AM-13G504967755921.361206634.6chip channel1.08.78150

AM-13G504968755920.491206635.1chip channel1.02.67060

AM-13G504969755919.621206635.6chip channel1.00.83190

AM-13G504971755928.321206630.6chip channel1.01.11620

CH-13 #13


11.06.78486

AM-15G510765755389.571207675.7chip channel1.00.25257

AM-15G510767755390.211207676.5chip channel1.05.79900

AM-15G510768755390.841207677.3chip channel1.08.219800

AM-15G510770755391.481207678chip channel1.014.228800

AM-15G510772755392.121207678.8chip channel1.09.722200

AM-15G510773755392.761207679.6chip channel1.013.225300

AM-15G510774755393.391207680.3chip channel1.06.311300

AM-15G510776755394.031207681.1chip channel1.08.611150

AM-15G510777755394.671207681.9chip channel1.018.98320

AM-15G510778755395.31207682.7chip channel1.013.116000

AM-15G510780755395.941207683.4chip channel1.09.814750

AM-15G510781755396.581207684.2chip channel1.06.215400

AM-15G510782755397.221207685chip channel1.07.79890

AM-15G510784755397.851207685.7chip channel1.06.316750

AM-15G510785755398.491207686.5chip channel1.05.419200

AM-15G510786755399.131207687.3chip channel1.05.79190

AM-15G510787755399.761207688.1chip channel1.05.317550

AM-15G510788755400.41207688.8chip channel1.03.811400

AM-15G510789755401.041207689.6chip channel1.01.61150

CH-3 #3


19.07.914121

AM-15G5109077553671207662chip channel1.00.6258

AM-15G510908755367.571207662.8chip channel1.02.76890

AM-15G510909755368.131207663.7chip channel1.03.89790

AM-15G510910755368.71207664.5chip channel1.03.820200

AM-15G510911755369.271207665.3chip channel1.03.212550

AM-15G510912755369.841207666.1chip channel1.04.25620

AM-15G510913755370.41207666.9chip channel1.00.911550

AM-15G510914755370.971207667.8chip channel1.02.514300

AM-15G510915755371.541207668.6chip channel1.04.912450

AM-15G510916755372.111207669.4chip channel1.02.917450

AM-15G510917755372.671207670.2chip channel1.02.69710

AM-15G510918755373.241207671.1chip channel1.04.913150

AM-15G510919755373.811207671.9chip channel1.03.311300

AM-15G510920755374.381207672.7chip channel1.03.45830

AM-15G510921755374.941207673.5chip channel1.04.58550

AM-15G510922755375.511207674.4chip channel1.03.24760

CH-7 #7


16.03.210272

AM-16G504851754109.681206900.3chip channel1.02.31760

AM-16G504852754109.041206901chip channel1.01.82640

AM-16G504853754108.391206901.8chip channel1.05.911000

AM-16G504854754107.741206902.6chip channel1.04.49260

AM-16G504855754107.091206903.3chip channel1.06.613850

AM-16G504856754106.441206904.1chip channel1.03.15160

AM-16G504857754105.791206904.8chip channel1.09.719000

AM-16G504858754105.141206905.6chip channel1.04.88940

AM-16G504859754104.491206906.4chip channel1.05.78870

AM-16G504861754103.841206907.1chip channel1.09.821900

AM-16G504862754103.21206907.9chip channel1.06.314900

AM-16G504863754102.551206908.7chip channel1.03.46310

AM-16G504864754101.91206909.4chip channel1.06.415450

AM-16G504866754101.251206910.2chip channel1.08.516550

AM-16G504867754100.61206910.9chip channel1.04.17490

AM-16G504868754099.951206911.7chip channel1.02.53220

CH-6 #6


16.05.310394

AM-16G504869754117.861206918.3chip channel1.03.55200

AM-16G504871754117.521206919.2chip channel1.09.815200

AM-16G504872754117.171206920.1chip channel1.05.19270

AM-16G504873754116.821206921.1chip channel1.06.39110

AM-16G504874754116.471206922chip channel1.00.6446

AM-16G504875754116.121206922.9chip channel1.00.25333

AM-16G504876754115.771206923.9chip channel1.01.71835

AM-16G504877754115.421206924.8chip channel1.03.34590

AM-16G504878754115.071206925.8chip channel1.06.112650

AM-16G504879754114.721206926.7chip channel1.02.32600

CH-18 #18


10.03.96123

AM-16G503131754202.911206876.1chip channel1.02.6151002.615100AM-16G503132754203.461206875.9chip channel1.04.9133004.913300AM-16G503133754204.371206875.4chip channel1.011.22100011.221000AM-16G503134754205.281206875chip channel1.016.73410016.734100AM-16G503136754206.191206874.6chip channel1.08.899608.89960AM-16G503137754207.091206874.2chip channel0.6649103.62946CH-9 #9


5.68.51721547.896406AM-16G504881753994.011206716.3chip channel1.01.21445

AM-16G504882753993.831206717.3chip channel1.03.66650

AM-16G504883753993.651206718.2chip channel1.03.89080

AM-16G504884753993.471206719.2chip channel1.04.312500

AM-16G504886753993.291206720.2chip channel1.0613600

AM-16G504887753993.11206721.2chip channel1.044820

AM-16G504888753992.921206722.2chip channel1.04.14600

AM-16G504889753992.741206723.2chip channel1.01.51545

CH-16 #6


8.03.66780

AM-16G504891754157.661206788.2chip channel1.04.914700

AM-16G504892754157.821206789.2chip channel1.012.333000

AM-16G504893754157.991206790.2chip channel1.04.58710

AM-16G504894754158.161206791.2chip channel1.04.33510

AM-16G504895754158.321206792.2chip channel1.08.428000

AM-16G504896754158.491206793.1chip channel1.0713650

AM-16G504897754158.651206794.1chip channel1.06.916600

CH-8#8


7.06.916881

AM-16G510614754767.721206620.3chip channel1.010.917000

AM-16G510616754767.051206621.2chip channel1.01.62380

AM-16G510617754766.281206621.9chip channel1.03.15570

AM-16G510618754765.581206622.5chip channel1.014.722800

AM-16G510620754764.961206623.3chip channel1.012.114400

AM-16G510621754764.321206624.1chip channel1.021.234200

AM-16G510622754763.671206624.9chip channel1.03.95990

CH-10 #10


7.09.614620

AM-16G510674754666.481206631.3chip channel1.00.56450.5645AM-16G510676754665.91206632.2chip channel1.011253001125300AM-16G510677754665.321206633chip channel1.04.7107004.710700AM-16G510678754664.741206633.8chip channel1.02.865102.86510AM-16G510680754663.831206634.2chip channel1.03.575603.57560AM-16G510681754662.921206634.6chip channel1.01.740001.74000AM-16G510682754662.011206635chip channel1.04.782404.78240AM-16G510683754661.11206635.5chip channel1.03824038240AM-16G510684754660.191206635.9chip channel1.04.271004.27100AM-16G510690754659.241206636.2chip channel1.02.6121502.612150AM-16G510691754658.31206636.5chip channel1.08.3133508.313350AM-16G510692754657.361206636.9chip channel1.04.490204.49020AM-16G510693754656.421206637.2chip channel1.07.398607.39860AM-16G510695754655.471206637.5chip channel1.013.92310013.923100AM-16G510696754654.481206637.5chip channel1.03.473203.47320AM-16G510697754653.51206637.7chip channel1.011.11810011.118100AM-16G510698754652.521206637.8chip channel1.021.44040021.440400AM-16G510699754651.531206638chip channel1.04.3135504.313550AM-16G510852754650.541206638.2chip channel1.09.3203009.320300AM-16G510853754649.561206638.3chip channel1.010.62050010.620500AM-16G510854754648.871206638.4chip channel0.71.15530.77387.1CH-4 #4


20.76.412866133.47266332.1 For more information, visit on Max Resource: https://www.maxresource.com/For additional information, contact: Tim McNulty E: info@maxresource.com T: (604) 290-8100 Brett Matich T: (604) 484 1230   Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.Except for statements of historic fact, this news release contains certain "forward-looking information" within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or "will" occur. Forward-looking statements are based on the opinions and estimates at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking statements including, but not limited to delays or uncertainties with regulatory approvals, including that of the TSXV. There are uncertainties inherent in forward-looking information, including factors beyond the Company's control. There are no assurances that the commercialization plans for Max Resources Corp. described in this news release will come into effect on the terms or time frame described herein. The Company undertakes no obligation to update forward-looking information if circumstances or management's estimates or opinions should change except as required by law. The reader is cautioned not to place undue reliance on forward-looking statements. Additional information identifying risks and uncertainties that could affect financial results is contained in the Company's filings with Canadian securities regulators, which filings are available at www.sedarplus.ca.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/294484
Original: Max Reports High-Grade Channel Results at Its Sierra Azul Project District-Scale Manto-Style Copper Silver System

Max Resource Confirms Continuation of Mineralization from Underground Channel Sampling Program on the Mora Gold Silver Property in ColombiaFebruary 26, 2026 8:00 AM
NewsfileVancouver, British Columbia--(Newsfile Corp. - February 26, 2026) - MAX RESOURCE CORP. (TSXV: MAX) (OTC Pink: MXROF) (FSE: M1D2) ("Max" or the "Company") is pleased to announce the Company's in-country team has successfully completed systematic metre-by-metre rock chip channel sampling ("Channels") of the mineralized vein structures and from the hangingwall of the vein along the entire 47.5m of tunnels in the El Oso underground ("U/G") mine within the NAN target; one of 19 past and 5 active mines identified on the Mora Gold Silver Property ("Mora" or the "Property") situated in the Marmato gold district, 70 km south of Medellin, Colombia (refer to Figures 1 to 6 and Table 2).The programs form part of the Mining Technical Work Plan ("PTO") to permit drilling and small-scale production. In total, 87 rock samples were collected (83 original and 4 duplicates); 46 from mineralized veins and 41 from host rock and the hangingwall; for total of 42 channels perpendicular to the mineralized veins. Mapping and channel sampling was conducted along the entirety of both levels: the 37.5m Main Level and the 10.0m Upper Level. The El Oso U/G (active 2012 - 2015) driven at azimuth of 295°, is located at the lower most southern portion of a 5,000m long NW striking mineralized corridor which extends towards the Mora Property's BQ and BX targets, approximately 700m higher in elevation. The gently sloping tunnels have an average height of 2.0m, width of 1.6m, horizontal depth of 37.0m.Exploration activities to date: Over the last 3 months, Max's team conducted topographic and geological mapping of historic mines/adits and outcrops, with the initial objective of outlining the continuity and widths of the 5,000m Marmato-type mineralized corridor from NAN to the BQ/BX targets to the northwest. The NAN target lies at the same elevation to the neighbouring Marmato Deeps deposit (refer to Figures 1 and 2). Max advises investors that the gold mineralization at Marmato may not necessarily by indicative of similar mineralization at the Mora. Max further advises the QP has been unable to verify the information on Marmato that the information is not necessarily indicative to the mineralization on the Mora.Mining Technical Work Plan ("PTO"): Is underway over the NAN target area, including components for a mine exploitation plan and baseline environmental survey, which permits drilling and small-scale production. The Company recently completed an airborne LiDAR survey to obtain a high-resolution topographic base to produce orthophotos to assist in identifying structures, folds, faults/fractures and adits to unlock the full potential of the Mora mineralized corridor. El Oso U/G channels: The objective of the channel sampling program is to gain an understanding of the mineralization and structure of the El Oso vein system and the greater 5,000m mineralization corridor through sampling along strike on two levels. The channel sampling should demonstrate continuity of mineralization and grade within one of the key structures within the highly prospective vein system. We look forward to receiving the assay results of this initial underground channel sampling campaign in short order. El Cielo U/G mine: Channel sampling at the El Cielo UG is underway, also active 2012 - 2015 and located along trend 100m NW of El Oso. The 60.3m long El Cielo tunnel, 2m by 1.3m, depth of 37.0m was driven at azimuth 319°, sub-parallel to El Oso. A series of exposed polymetallic structures 2,500m by 1,000m, 19 past and 5 active mines/adits along the 5,000m mineralized corridor appears to demonstrate the Marmato deposit is part of a prolific mineralized system, the mines/adits and elevations are providing a view of the mineralized system in three dimensions."We are extremely pleased with the El Oso channel sampling as it demonstrates the continuity of the mineralization and structure which appears to trend onward to the El Cielo mine, suggesting the Mora mineralized corridor has potential bulk-size targets. The underground channel sampling campaign also derisks drilling targets," commented Max CEO, Brett Matich."We continue the Mora campaign, as Collective Mining continues to advance their Guayabales project drilling on trend to the Mora northern boundary and the NW end of the 5,000m Mora mineralized corridor and Aris Mining recently reported on increasing the Marmato annual gold production to 200,000ozs by 2026YE. Concurrently, we continue to work toward filing the PTO (Mining Technical Work Plan) which permits small-scale production and drilling," he concluded. Figure 1: Locations of Apollo/Ramp B-B¹, Marmato and Marmato Deeps C-C¹, BQ Target A-A¹and NAN Target D-D¹ Sections and the El Oso U/G and the El Cielo U/G https://www.maxresource.com/images/news/426db46519ee857b35e7114e9e1db8401496cec3.pngTo view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/3834/285415_2d5b0173a4891b0c_001full.jpg Figure 2: Apollo/Ramp B-B¹ (1,900m ASL), Marmato (1,500m ASL), Marmato Deeps (1,100m ASL) C-C¹, BQ Target A-A¹(1,500m ASL) and NAN Target D-D¹ (800m ASL) - SW to NW Sections https://www.maxresource.com/images/news/4c51cdd8eb8e64177cb18d1b0cf1a2f808b5d85c.png Max advises investors that the gold mineralization at Marmato or Guayabales may not necessarily by indicative of similar mineralization at the Mora. Max further advises the QP has been unable to verify the information on Marmato and Guyabales that the information is not necessarily indicative to the mineralization on the Mora.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/3834/285415_2d5b0173a4891b0c_002full.jpg Figure 3: Vein extent and channel locations within the El Oso U/G mine To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/3834/285415_2d5b0173a4891b0c_003full.jpg To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/3834/285415_2d5b0173a4891b0c_004full.jpg Figure 4: Location of the El Oso and El Cielo UG mines Figure 5: El Oso U/G vein channel location number G509588 - refer to Figure 3To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/3834/285415_2d5b0173a4891b0c_005full.jpgFigure 6: Mora Property is located along the productive Middle Cauca Gold BeltTo view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/3834/285415_2d5b0173a4891b0c_006full.jpgNameHighlightsReferenceLa MinaResource: 33.77Mt at 1.06 g/t AuEq. For 1.15MozsEq. https://goldmining.com/projects/colombia/la-mina-project/ TitiribiM. Resource: 85Mt at 1.06g/t AuEq. For 1.69MozEq.https://www.goldmining.com/projects/colombia/titiribi-project/
I. Resource: 349Mt at 0.55g/t AuEq. For 6.2MozEq.
MirafloraM & I Resource: 6.1Mt at 2.62g/t Au For 0.51Mozhttps://tigergoldco.com/quinchia-project/ GramaloteI. Resource: 192.7Mt at 0.68g/t Au For 4.2Mozhttps://www.b2gold.com/operations-projects/overview/default.aspx#probable SergoviaP&P Reserve: 4.367Mt at 10.7 g/t Au for 1.5Mozs https://aris-mining.com/operation/reserves-and-resources/
M&I Resources: 7.4Mt at 15.3g/t Au for 3.626Mozs
La ColosaI. Resource: 821.67Mt at 0.85g/t Au for 22.5Mozs https://portergeo.com.au/database/mineinfo.php?mineid=mn1441
I. Resource: 242.51Mt at 0.78g/t Au for 6.09Mozs
Nuevo ChaquiroI. Resource: 604.5Mt at 0.65%Cu, 0.32 g/t Ag, 116ppm Mo and 0.32g/t Au for 6.1Mozshttps://portergeo.com.au/database/mineinfo.php?mineid=mn1501 Marmato DepositP&P Reserve: 31.28Mt at 3.16 g/t Au for 3.178Mozs https://aris-mining.com/operation/reserves-and-resources/
M&I Resource: 61.50Mt at 3.03 g/t Au for 5.997Mozs

Inferred Resource: 35.60Mt at 2.43 g/t Au for 2.787Mozs
Buriticá P&P Reserve: 3.8Mozs at 6.9g/t Au&13Mozs at 24g/t Ag in 15.61Mthttps://www.zijinmining.com/global/program-detail-71741.htm
M&I Resource: 4.4Mozs at 8.9g/t Au&14.6Mozs at 29g/t in 14.02Mt

Inf. Resource: 5.1Mozs at 8.9g/t Au&18Mozs at 29g/t Ag in 16.2Mt
 Table 1: References for Figure 1 GoldSilverChannel UTMID45.0 g/t7,110 g/t1.0 metre432432E/604753N(1) 201227.0 g/t732 g/t1.0 metre432445E/604726N(2) 201243.0 g/t187 g/t1.0 metre430940E/604972N(3) 201236.7g/t
2.0 metre431876E/604452N(4) 20128.9 g/t75 g/t1.5 metre431090E/6027832N(5) 201221.0 g/t156 g/t1.0 metre435336E/603379N(6) 2025 Table 2: 2012 channel cuts (1 to 5) and 2025 chip channel at the NAN from Figure 1  Quality AssuranceMax adheres to a strict QA/QC program for sample handling, sampling, sample transportation and analyses. All 21 rock samples were taken by the Max consulting geologist, labelled, placed in sealed, securitized bags and shipped to ALS Lab's sample preparation facility in Medellin, Columbia. ALS Medellin is an ISO 9001: 2008 certified facility and is independent of Max. All samples were analyzed using ALS procedure ME-ICP61, a four-acid digestion with inductively coupled plasma finished. Over-limit gold is determined by ALS procedure Au-GRA21 a 30-gram fire assay with a gravimetric finish. Over-limit silver, lead, arsenic and zinc were determined by ALS procedure OG-62, a four-acid digestion with an atomic absorption spectroscopy finish. At this early stage of exploration, Max relied on the QA/QC protocols employed by ALS. Qualified PersonThe Company's disclosure of a technical or scientific nature in this news release was reviewed and approved by Tim Henneberry, P.Geo (British Columbia), a member of the Max Resource advisory board, who serves as a qualified person under the definition of National Instrument 43-101.Florália High Purity Iron Project in BrazilFlorália lies adjacent to the largest iron ore mines in Minas Gerais, Brazil's largest iron ore and steel producing State. Exploration Target of 50-70Mt at 55%-61% Fe. 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.On February 23, 2026, Bolt Metals Corp. announced the closing of a Private Placement offering aggregate gross proceeds of $6,000,000. Max cautions investors the potential quantity and grade of the iron ore is conceptual in nature, and further cautions there has been insufficient exploration to define a mineral resource and Max is uncertain if further exploration will result in the geological target being delineated as 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.CorporateFurther to the Company's news release dated January 13, 2026, whereby the Company engaged 1502655 B.C. Ltd. to provide marketing and investor relations services to the Company, the Company wishes to clarify that the total marketing budget of US $400,000 was paid on an up-front basis.About Max Resource Corp.Max Resource is a mineral exploration company focused on copper and precious metals assets in Colombia (Mora Gold Silver and the fully funded Sierra Azul Copper Silver project) and exploration development of the fully funded Florália High Purity Iron project in Brazil.Sierra Azul Copper Silver in Colombia, sits along the Colombian portion of the world's largest producing copper belt (Andean belt), with world-class infrastructure and the presence of global majors (Glencore and Chevron). Fully funded by global miner Freeport-McMoRan (NYSE: FCX) relating to rights to earn up to 80% by funding $50 million of accumulated expenditures. Backed by support of Freeport-McMoRan the team views as validation of the geological and mining potential of Sierra Azul. The 2026 exploration season is well underway.For more information visit on Max Resource: https://www.maxresource.com/ For additional information contact: Tim McNulty E: info@maxresource.com
T: (604) 290-8100 Brett Matich  T: (604) 484 1230
 Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.Except for statements of historic fact, this news release contains certain "forward-looking information" within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or "will" occur. Forward-looking statements are based on the opinions and estimates at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking statements including, but not limited to delays or uncertainties with regulatory approvals, including that of the TSXV. There are uncertainties inherent in forward-looking information, including factors beyond the Company's control. There are no assurances that the commercialization plans for Max Resources Corp. described in this news release will come into effect on the terms or time frame described herein. The Company undertakes no obligation to update forward-looking information if circumstances or management's estimates or opinions should change except as required by law. The reader is cautioned not to place undue reliance on forward-looking statements. Additional information identifying risks and uncertainties that could affect financial results is contained in the Company's filings with Canadian securities regulators, which filings are available at www.sedarplus.ca.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/285415
Original: Max Resource Confirms Continuation of Mineralization from Underground Channel Sampling Program on the Mora Gold Silver Property in Colombia

New CEO interview

https://ih.advfn.com/p.php?pid=nmona&article=86448424

Stock is now bottoming with gold. Fundamentally, they've increased their land position and have identified new copper/silver targets. The geology from the advanced modelling is starting to mimic the largest copper/silver resource in Europe. If this resource is comparable, this stock will becoming like Great Bear Resources which will be a generation buying opportunity at the moment. With copper exploding to the upside, I see this stock being rerated in the coming weeks now that most sellers have sold out. I expect this stock to trade between $1-1.50 in the coming months.

I've been all over this stock for the last year. Highly undervalued. 9% of the company is owned by Eric Sprott. Huge upside potential

Jumping in on this play. Potential triple this year imo. Right time right place.

Max Outlines Gold Copper Zone at North Choco $MXR $MXROF #gold #copper #silver #miningnewsdaily
#minerals
https://t.co/NYTyHMmwQn

#gold #copper #goldmining #mining #miningnews #miningnewsdaily $MXR https://t.co/DeYBQxerCX

MAX SAMPLES 6.449% COPPER OVER 0.4M AT NORTH CHOCO $MXR $MXROF

https://t.co/OqTuunlnE2

#copper #mining #exploration $MXR #gold #goldmining #miningnews #CSE #otcmarkets

Max in the chips at North Choco with high-grade gold/copper | $MXR $MXROF

“Our strategy is to expand our exploration efforts in all directions within the 500 sq. km land package.” - Max CEO Brett Matich

@AOTH_RMills
https://t.co/CgoScx7qTz

#gold #goldmining #exploration #mining

Universal Copper Executes Definitive Agreement to Acquire 100% of the MAX Resource Corp. Gachala Copper Project North Block
https://www.otcmarkets.com/stock/MXROF/news/story?e&id=1338605

Max Resource Corp (TSX-V:$MXR) (OTC $MXROF) continues to gather more data on the mineralization at its Chocó Precious #Gold #minerals #mining

https://aheadoftheherd.com/Newsletter/2019/Max-Resource-Corp-survey-says.htm

MAX Reports Positive Gold and Platinum Assay Results from its Choco Project in Colombia | $MXR $MXROF

https://t.co/uAtwpUNLWp

#maxresource #gold #goldmining #miningnews #exploration #mining

News -Max Resource Engages Maricom for Bilingual Investor Access
Max Resource Engages Maricom for Bilingual Investor Access
https://finance.yahoo.com/news/max-engages-maricom-bilingual-investor-130000102.html

$MXR Maximus Resources agrees to $5.8 million sale of Burbanks gold plant https://t.co/3iXpDMgenG via @proactive_au #MXR #brighterir #Doporto #CapitalNetwork1

Max’s conglomerate gold project expanded by 60%
https://t.co/WmjZXc6liQ
$MXR #Gold #ChocoPreciousMetalsProject #NobleMetals #NovitaProject https://t.co/U7oz1hsMe0

#Gold #mining #minerals #cse https://aheadoftheherd.com/Newsletter/2019/Maxs-conglomerate-gold-project-expanded-by-60%20.htm

$MXR $MXROF -MAX Resource Announces LWIR Correlates with Gold Bearing Correlates at Choco #gold #technicalanalysis #investing #stocks #mining #acquisitions
https://www.otcmarkets.com/stock/MXROF/news/story?e&id=1296573

Runs up 30% on Gold Satellite survey
#Gold #Mining #Minerals #OTCMarkets
https://aheadoftheherd.com/Newsletter/2019/Max-runs-up-30-on-gold-satellite-survey-correlation.htm

Tune in this Thursday at 12:15pm EST for a live webinar featuring Max Resource Corp, an exploration company that has provided tremendous shareholder value so far this year! #mining #webinar #value #technicalanalysis #gold
@MaxResourceCorp $MXR

https://t.co/UJZMUfD12V

News- MAX Adds Colombian Geology Expert to the Advisory Board


https://www.otcmarkets.com/stock/MXROF/news/story?e&id=1288730

TSXV: MXR Technical analysis #technicalanalysis #stocks #gold #investing #mining #minerals #acquisitions


https://www.tradingview.com/symbols/TSXV-MXR/technicals/

$MXR $MXROF -MAX RESOURCE EXPECTING INITIAL SAMPLING RESULTS NEXT WEEK #gold #silver #mining #minerals

https://www.maxresource.com/?latest

Happy Valentine's Days Retirees flock to Ecuador for a new lease on life -
CGTN America
Published on Aug 6, 2017

Ecuador's low cost of living and high quality of life has ex-pats taking
over. Dan Collyns explores the changes they're experiencing, and also
bringing to Cuenca -




https://www.youtube.com/watch?v=ehsVzhzpDX4


Inca Empire in Ecuador -

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=146366844&txt2find=Inca

https://investorshub.advfn.com/Core-Gold-CGLDF-33112/

Happy Valentine's Days -
God Bless

TSX-V: MXR - Junior Miners Stock Talk: Six Weeks Into The New Year When it comes to the trading activity of some of the junior stocks, one stock this past few weeks stands out as spectacular. Max Resources TSX-V: MXR has seen it's stock price more than double in the past week or two. The company has a gold project in Columbia South America. Max Resources has 100-per-cent ownership of 82 and 50 per cent of seven mineral licence applications, totalling over 1,757 square kilometres, located within Choco department, approximately 100 kilometres southwest of the city of Medellin, Colombia. #gold #silver #metals #mining #minerals #stocks #investing

http://juniorminers.com/news/six-weeks-into-2019.html

$MXR News- Max upscales potential gold-bearing conglomerates by 4.5X
As a general rule, the most successful man in life is the man who has the best information



http://aheadoftheherd.com/Newsletter/2019/Max-upscale-potential-gold-bearing-conglomerates.htm

$MXR / $MXROF -MAX RESOURCE RECEIVES CONDITIONAL TSX VENTURE EXCHANGE APPROVAL FOR NOVITA GOLD BEARING CONGLOMERATE TRANSACTION

http://www.maxresource.com/?news=1440

$MXROF $MXR CEO Interview, #Gold #Minerals #Mining #UnderValued #investing

$$$ MXR / MXROF Strong BUY $$$

I got lucky to have gotten in at $0.25 this morning. Strange SP is not going through the roof . . likely gold price. Another site to follow (on the Canadian side) is https://stockhouse.com/companies/quote?symbol=v.mxr

$MXR $MXROF News- Gold Bearing Conglomerate Discovery Expands the Mineralized Zone


https://www.otcmarkets.com/stock/MXROF/news/story?e&id=1278316

$MXR $MXROF - Max Resources has found its El Dorado


http://aheadoftheherd.com/Newsletter/2019/Max-Resources-has-found-its-El-Dorado.htm

Max Res Corp (MXR)
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Max Res Corp (MXR)
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Old Mine, New Lustre

MAX Drills Nevada’s Historic Majuba Hill

By Greg Klein

“We’re excited,” says MAX Resource Corp TSX:MXR President/Director Stuart Rogers. “We can’t call it a new discovery because it used to be a mine. But we’re just thrilled with the results.” The object of his enthusiasm is the Majuba Hill Copper-Silver-Gold Property, now the focus of the company’s foray into Nevada.

“We’ve got long intervals of high-grade mineralization, and we now have gold in the system that hadn’t been identified before,” Rogers continues. “We’ve identified other areas to the east and northwest where we can explore. We’re permitted now, and we’re starting the drill up again now. The next step will be to prove up the size of this resource.”

Read the rest of this article: http://bit.ly/sTQax5

Max Res Corp (MXR)
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MAX President Stuart Rogers on Nevada assays of 39.2 g/t silver over 96m

MAX Resource Corp TSXV:MXR announced assays from its Majuba Hill Copper-Silver Project in Nevada. Results include

39.2 g/t silver, 0.57% copper and 0.1 g/t gold over 96 metres (including 71 g/t silver, 1.14% copper and 0.15 g/t gold over 44.2 metres)

50.8 g/t silver, 0.31% copper and 0.31 g/t gold over 50.3 metres (including 100.1 g/t silver, 0.53% copper and 0.56 g/t gold over 19.8 metres)

15.4 g/t silver, 0.56% copper and 0.07 g/t gold over 45.7 metres (including 39.3 g/t silver, 0.54% copper and 0.11 g/t gold over 9.1 metres)

3.08 g/t silver and 0.06% copper over 111.2 metres

President/Director Stuart Rogers tells ResourceClips.com, “We’re excited. We can’t call it a new discovery because it used to be a mine. But we’re just thrilled with the results. We’ve got long intervals of high-grade mineralization, and we now have gold in the system that hadn’t been identified before. We’ve now identified other areas to the east and northwest where we can explore. We’re permitted now, and we’re starting the drill up again now. The next step will be to prove up the size of this resource.

Read the interview: http://bit.ly/uFI8hc

Max Res Corp (MXR)
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Max Res Corp (MXR)
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0.225 0.24 0.22 - 0.22

TSX:MXR Detailed Quote

Max Res Corp (MXR)
0.36 ? 0.015 (4.35%)
Volume: 2,500 @ 9:30:01 AM ET
Bid Ask Day's Range
0.34 0.36 0.36 - 0.36
TSX:MXR Detailed Quote

Max Res Corp (MXR)
0.3 ? 0.005 (1.69%)
Volume: 43,405 @ 12:10:28 PM ET
Bid Ask Day's Range
0.295 0.3 0.295 - 0.3
TSX:MXR Detailed Quote