Max Resource Stock Price, News & Analysis

Max Resource (OTC:MXROF) closed an over-subscribed non-brokered private placement on October 15, 2025 raising CAD $3,400,000 by issuing 34,000,000 units at CAD $0.10 per unit.

Each unit includes one common share and one-half warrant; each full warrant exercisable at CAD $0.175 for two years. Finder's fees of CAD $121,170 were paid and 360,000 shares plus 1,751,700 broker warrants were issued. Proceeds are intended for exploration at the Mora Gold-Silver Project and general working capital. Securities subject to TSXV approval and a four-month-and-one-day hold.

Max Resource Corp (OTC:MXROF) has strengthened its technical team by appointing Sergio Cocunubo as Head Geologist, reuniting with Technical Advisor Dr. Chris Grainger and Community Relations specialist John Henao. All three were key members of the Collective Mining and Continental Gold team that developed the Buritica Au-Ag deposit, which was sold to Zijin Mining for US $1.4 billion.

The team will lead exploration of the newly acquired Mora Gold-Silver Project in Colombia's Marmato Gold District. The property features over 40 historic workings, 5 active mines, and polymetallic structures spanning 2,500m by 1,000m. Notable channel sample results include 45.0 g/t gold & 7,110 g/t silver over 1.0m. The project is strategically located adjacent to Aris Mining's 9.2Moz Marmato Gold Operation and Collective Mining's Guayabales Project.

Max has initiated a two-phase exploration program, including geological and geophysical data collection, channel sampling, and ground gravity surveys to delineate drilling targets.

Max Resource Corp (TSXV: MAX, OTC: MXROF) has secured rights to acquire 100% of the Mora Gold-Silver Title in Colombia through its subsidiary. The 713-hectare property is strategically located in the Middle Cauca Gold Belt, adjacent to Aris Mining's Marmato mine and Collective Mining's Guayabales Project.

The Mora Title features 40 historic workings and 5 active mines, with polymetallic structures extending over 2,500m by 1,000m. High-grade channel samples have yielded up to 45.0 g/t gold and 7,110 g/t silver. The acquisition terms include staged payments totaling $8.4 million USD and a 3% net smelter royalty.

The property shows geological similarities to the neighboring Marmato mine, which has reserves of 31.3Mt at 3.2g/t Au and resources of 61.5Mt at 3.0g/t Au, and appears to share characteristics with Collective Mining's Apollo Porphyry System discovery.

Max Resource Corp. (MXROF) has announced successful iron ore (Fe) test results from its Florália Hematite DSO Project in Brazil. Key highlights include high-grade iron ore results ranging from 59.3% to 69.5% Fe with recovery rates between 67% and 81% across six bedrock samples.

The project benefits from strategic advantages including proximity to infrastructure, with a 15km road to rail loading terminal and existing connections to established DSO buyers Vale (16km NW) and ArcelorMittal (26km NE).

The company's subsidiary, Max Brazil Iron, has received In-Principle Advice from ASX and plans to list through an IPO. The offering aims to raise between AUD $6-10 million through 30-50 million shares at AUD $0.20 per share, with proceeds directed towards advancing the Florália DSO Project.

Max Resource Corp (MXROF) has reported high-grade assay results from its Florália Hematite DSO Project in Minas Gerais, Brazil. Out of 174 channel samples, 131 showed iron content ranging from 50% to 61% Fe, with a peak value of 64.7% Fe. Dry magnetic tests successfully increased Fe values by 4% to >6%.

The company has significantly expanded its geological target from 8-12mt at 58% Fe to 50-70mt at 55%-61% Fe. The project benefits from strategic infrastructure, including a 20km road connection to rail loading terminal and proximity to potential buyers Vale (20km northwest) and Arcelor Mittal (30km east).

Max Brazil, a subsidiary, has received In-Principle Advice from ASX regarding a planned listing. The company plans an IPO offering of 30-50 million shares at AUD $0.20 per share, aiming to raise AUD $6-10 million. Max will maintain controlling interest with 88 million ordinary shares and 12 million performance shares post-offering.

Max Resource Corp (TSXV: MAX) (OTC: MXROF) announced shareholders' approval for its subsidiary Max Iron Brazil 's IPO on the ASX, with 99.55% voting in favor. The company plans to offer 30-50 million shares at AUD$0.20 per share, targeting AUD$6-10 million in proceeds.

The Florália DSO Project in Brazil's Minas Gerais state has shown increased potential, with geological targets now estimated at 50-70mt at 55%-61% Fe, up from previous estimates. The 2025 exploration campaign includes channel sampling, diamond drilling, and environmental surveys.

Additionally, Max's Sierra Azul Project in Colombia has received a US$4.8 million exploration budget from Freeport McMoRan for 2025. Recent discoveries include the AM-13 target extension to 1,500m by 100m, showing significant copper-silver mineralization, and a new AM-15 Manto-style target discovery.

Max Resource Corp (MXROF) reports significant findings at its Sierra Azul Copper-Silver Project in Colombia. The company announced expansion of the AM-13 target to 1,500m by 100m, with notable composite channel samples showing 1.6% Copper & 6 g/t Silver over 55.0m.

A new discovery, AM-15, was identified approximately 1,000m northwest of AM-13, with five mineralized outcrops over a 300m by 100m area. The company secured a fully funded US$4.8 million exploration budget for 2025 from Freeport McMoRan, representing a 14% increase from 2024.

The exploration program includes three components: Drill Target Development, District Scale Exploration, and Basin Scale Analysis. The Sierra Azul Project spans 120km and comprises three districts: AM, Conejo, and URU, with 188 km² of mining concessions and 1,141 km² of mineral concession applications.

Max Resource Corp (TSXV: MAX) (OTC Pink: MXROF) has announced amendments to its common share purchase warrants. The company is modifying 14,825,000 warrants that were originally issued on March 28, 2022. The key changes include:

1. Extension of the expiry date by one year from March 28, 2025, to March 28, 2026
2. Reduction of the exercise price from $0.36 to $0.31

The amendment is pending approval from the TSX Venture Exchange. New warrant certificates will only be issued upon request from relevant warrant holders.

Max Resource Corp (TSXV: MAX, OTC: MXROF) has received conditional approval from the TSX Venture Exchange for a non-brokered private placement in its subsidiary, Max Iron Brazil The placement involves up to 30,000,000 ordinary shares at AUD $0.10 per share, aiming to raise up to AUD $3,000,000.

The proceeds will fund the advancement of the Florália DSO Hematite Project located 67-km east of Belo Horizonte, Minas Gerais, Brazil, and general working capital. No finder's fees are associated with the offering.

Max Brazil has initiated its inaugural drill programs at the Florália project, comprising approximately 1,500 metres of diamond drilling and 1,000 metres of mobile power auger drilling.