Max Resource Corp · TSXV:MAX
Max Resource — MAX Iron Brazil — Investor Presentation (April 2025)
17 slides from Max Resource's investor presentation, April 2025
Slide 1: Florália Hematite (DSO) Project
Florália Hematite (DSO) Project Located in Minas Gerais, Brazil’s largest iron ore and steel producing State (ASX: MAX) APRIL, 2025 www.maxironbrazil.com
Slide 2: Disclaimer
Disclaimer This presentation (the “Presentation”) has been prepared solely for informational purposes in connection with the contemplated issue of shares in MAX Iron Brazil Ltd. (“MAX” or the “Company”) and is being furnished by Max Resource Corp. (“Max”) potentially to a limited number of parties (
Slide 3: IPO Investment Opportunity
IPO Investment Opportunity Performance Shares Performance Shares Australian Dollars Shares Price Proceeds Distribution (invest on listing) (invest on BFS) Pre-IPO (50% 1yr escrow) 30,000,000 $0.10 $3,000,000 23.5% - IPO (ASX Prospectus) 30,000,000 $0.20 $6,000,000 23.5% MAX (2yr escrow) 68,000,000 5
Slide 4: Board of Directors
Track Record of Success in the Iron Ore Sector Brett Matich M.Eng, ASCE, AICD Chris Grainger B.A.Sc, PhD ADVISORS AND MGMT BOARD OF DIRECTORS Chairman and Director Advisory Board Mr. Matich was the CEO of Aztec Resources (ASX: AZR), developed the Koolan Island Combining over 25 years’ experience in
Slide 5: Clean Energy and Lower Risk Pathway; Resilient Iron Ore Price
Clean Energy and Lower Risk Resilient Iron Ore Price Pathway ❯ Latest UBS Forecast (Mar. 20, 2025) ❯ High-Grade, Low-Impact UBS forecasts that iron ore prices (benchmark of 62% Fe) will DSO (Direct Shipping Ore) delivers high iron content with average around US $100/t in 2025, with a slight decrease
Slide 6: Investment Highlights
Investment Florália DSO Brazil, Fe Highlights ❯ Defined Exploration Target ❯ Low-Cost Development Maiden drill campaign completed Direct Shipping Ore (DSO) requires only simple to confirm the Exploration Target crushing, screening, and dry concentration, of 50 to 70mt at 55-61%.1 minimising capital
Slide 7: Overview and Infrastructure
Overview and Infrastructure ❯ Project Location and Infrastructure Located in the ‘Iron Quadrangle’ Minas Gerais, adjacent to existing infrastructure. ❯ Exploration Target Significant hematite Exploration Target: 50 to 70Mt at 55-61% Fe1. ❯ Accelerated Development Timeline I N V E S T O R P RE S E N
Slide 8: Floralia's Point of Difference
Floralia’s Point of Difference ❯ Low Cost of Capital Established neighbouring iron ore operations demonstrate low capital nature and expedited approval process. ❯ Low Operating Cost Soft friable ore, free-dig, low- cost dry processing, by crush, screen and dry magnetic I N V E S T O R P RE S E N T A
Slide 9: Logistics and Infrastructure Advantage
Logistics and Infrastructure Advantage Florália has significant infrastructure advantage to sell locally or domestic steel mills or into international seaborne market: Rail Networks Iron Ore Ports ❯ Direct Rail Access Existing 15 km road to rail terminal connecting to steel mills and major iron ore
Slide 10: Achievements to Date
Achievements to Date ❯ Hematite Exploration Target 50-70 Mt at 55-61% Fe¹ Inaugural 2025 channel sampling and drill program to update. Florália historic open cut (35m face; 160m by 160m) and diamond drilling DSO hematite by MAX 2025 ❯ Maiden Drilling Program Now Completed Six diamond drill holes int
Slide 11: Florália DSO Project Flyover
Florália DSO Project Flyover ❯ Diamond & auger drilling, channel sampling, Mag/LiDAR survey Play Drone Video of Florália DSO Project ❯ Existing 15 km road to iron ore rail terminal ❯ Ferro Puro DSO mine 50 km SW and GSM 17-km W ❯ Established dry crushing/screening/magnetic plants I N V E S T O R P R
Slide 12: Expedited Path to Cashflow
Expedited Path to Cashflow Targeting first production in 24 months (1.5 Mtpa target) with drilling and environmental monitoring activities already underway 2025 2026 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Delineation Drilling Initial Public Offering (IPO) Environmental and Permitting I N V E S T O R P RE S E N T A
Slide 13: Iron Ore: Haulage Distance and Market Activity in 2025
Iron Ore: Haulage Distance and Market Activity in 2025 DSO Deposit Capital Cost Haulage Distance Market Activity Company Country AUD To Shipping Port Ownership Stage AUD CZR Resources 27 Mt at 55.5% Fe $210m 192 km 85% Reserve/FS $75m for 85% takeover of CZR, 2025 ASX: CZR West Australia by Rio Tint
Slide 14: Summary of Use of Funds and Next Steps
Summary of Use of Funds and Next Steps ❯ Management Iron Ore Record Max CEO developed the Koolan Island DSO mine, Max Operations Manager developed three DSO operations within 50 km radius of Florália. ❯ Drilling (~6,000m) Florália historic hematite open pit and inaugural diamond drilling in 2025 Upg
Slide 15: Get in Touch
GET IN TOUCH Brett Matich CEO and Director E info@maxironbrazil.com T (+1) 604 484 1230 Chris Hansen Non-Executive Director E info@maxironbrazil.com T (+61) 438 030 331 Jessica Fertig Investor Relations E jessica@taumedia.com.au T (+61) 408 855 855
Slide 16: Appendix
MAX IRON BRAZIL LTD. Appendix
Slide 17: Max CEO's DSO Development Track Record: Koolan Island
Max CEO’s DSO Development Track Record As Managing Director of Aztec Resources (ASX: AZR) led the development of Koolan Island DSO; Comparison to Florália DSO Koolan Island DSO historic mine (80m BSL) DSO for blending, low grade O/S buyers Limited tonnage upside (200m BSL) Nil “Haulage to Port” Cost