Slide 1: Exploring Tier One Gold-Silver, Copper-Silver and Iron Ore Projects in South America
TSX-V: MAX OTCQB: MXROF FSE: M1D2 Exploring Tier One Gold-Silver, Copper-Silver and Iron Ore Projects in South America September 17, 2025: Investor Presentation maxresource.com
Slide 2: Disclaimer
Disclaimer INVESTOR PRESENTATION This presentation (the “Presentation”) has been prepared solely for informational purposes in supplied herewith or subsequently communicated in written, electronic or oral form to any connection with the contemplated issue of shares in Max Resource Corp. (“Max” or th
Slide 3: Corporate Estimated Ownership
Corporate Estimated Ownership INVESTOR PRESENTATION 5% Endeavor Silver (TSX: EDR) Shares Outstanding 180m Options 8.1m 45% Retail July 2029 @ $0.10 Warrants 14.8m March 2026 @ $0.31 20% High Net Worth 10% Mgmt & Advisors Market Cap $18M Cash $2.5M 20% Institutions MAX’s position is reinforced by a c
Slide 4: Track Record of Success in the Iron Ore Sector
Track Record of Success in the Iron Ore Sector Brett Matich M.Eng, ASCE, AICD Dr. Chris Grainger B.A.Sc, PhD BOARD OF DIRECTORS ADVISORS AND MGMT CEO, President and Director In-Country Technical Advisory (Colombia and Brazil) Mr. Matich was CEO and Founder of Aztec Resources (ASX: AZR), developed th
Slide 5: Tier One Exploration Projects in South America
3 Tier One Exploration Projects in South America INVESTOR PRESENTATION ❯ Mora Gold Silver (700ha) – Rights to earn 100% Sierra Azul Copper-Silver 3.7 km of boundary abuts Collective’s Mining (TSX: CNL, NYSE: CNL) Guayabales Project COLOMBIA 2.8 km of boundary abuts Aris Mining’s (TSX: ARIS, NYSE: AI
Slide 6: Mora Gold-Silver in Colombia’s Prolific Gold Mining Belt
Mora Gold-Silver in Colombia’s Prolific Gold Mining Belt INVESTOR PRESENTATION A video of a video play AI-generated content may be incorrect. https://www.youtube.com/watch?v=Ob-AFDysVwo UTM Gold Silver Sample Type ID 432432E/604753N 45.0 g/t 7,110 g/t 1.0m channel 6 San Juan Sector - 2012² 431876E/6
Slide 7: Mora Gold-Silver to Date
Mora Gold-Silver to Date INVESTOR PRESENTATION Mora Gold Silver (700ha) ▪ Within a well-established gold mining camp, 3.6-km eastern boundary abuts the Marmato title, 4.8-km boundary abuts the Guayabales Project. ▪ The prospectivity of the unexplored Mora Property is astounding together with the mar
Slide 8: Mora Gold-Silver Next Steps
Mora Gold-Silver Next Steps INVESTOR PRESENTATION 2025 Exploration Program is Underway Its important to note, the defined program is based on the exploration team’s knowledge gained from exploration at Buritica, Guayabales and Marmato Projects. 1. Detailed geological and alteration mapping: Essentia
Slide 9: Sierra Azul Copper-Silver in Northern Eastern Colombia
Sierra Azul Copper-Silver in Northern Eastern Colombia INVESTOR PRESENTATION Exploration self-funded by Freeport-McMoran Freeport has rights to earn up to 80% of Sierra Azul Project by funding cumulative expenditures of $50m and 1.55m cash payments to MAX. Strategically located near major infrastruc
Slide 10: Sierra Azul Copper-Silver in Colombia
Sierra Azul Copper-Silver in Colombia INVESTOR PRESENTATION Red-bed style copper system with 3 Significant Districts spanning 120-km AM District ▪ Copper Silver system 20-km long; 15 targets (AM-01 to 15) ▪ 1.6% Copper & 6 g/t Silver over 55.0m (channel) ▪ 1.6% Copper & 7 g/t Silver over 49.0m (chan
Slide 11: AM District – Northern Area Spans Over 20-km
AM District – Northern Area Spans Over 20-km INVESTOR PRESENTATION Manto-Style Mineralization & Alteration AM-13 and AM-15 hosts Manto-style mineralization & alteration, similar to deposits in the Tocopilla – Taltal region of northern Chile, a mineralized corridor extends over 100-km hosts several e
Slide 12: Conejo District – 30-km South of AM
Conejo District – 30-km South of AM INVESTOR PRESENTATION Two high priority targets 1.6 km apart CON-01: ▪ 3.7-km target with surface rock chip samples average 4.9% Copper (2% cut-off) ▪ Highlight assays include: 6m @ 7.5% Copper & 86 g/t Silver 10m @ 5.2% Copper & 42 g/t Silver CON-02: ▪ Located 1.
Slide 13: URU District – Southern Area Spans Over 20-km
URU District – Southern Area Spans Over 20-km INVESTOR PRESENTATION Max is first to drill for copper in the Cesar basin Maiden Drill Program: ▪ 12 holes over 2,244m at the URU-C & URU-CE targets located 750m apart ▪ All 12 holes intersected mineralized zones ▪ 6 intersected significant Copper Silver
Slide 14: 2025 Exploration Program and URU-C Drill Results
2025 Exploration Program and URU-C Drill Results INVESTOR PRESENTATION The 2025 exploration program at the Sierra Azul has three objectives: ❯ Drill Target Development Focus exploration on priority targets located in all three districts of the Sierra Azul Project: AM, Conejo and URU. The goal of the
Slide 15: Florália DSO, (High-Grade Fe) Minas Gerais, Brazil
Florália DSO, (High-Grade Fe) INVESTOR PRESENTATION Minas Gerais, Brazil ❯ Latest UBS Forecast (Mar. 20, 2025) ❯ Established Iron Ore Region UBS forecasts that iron ore prices (62% Fe Florália is located in Minas Gerais, benchmark) will average around US $100/t in Brazil’s largest iron ore and steel
Slide 16: Florália’s Key: Iron Ore Markets and Infrastructure Advantage
Florália’s Key: Iron Ore Markets and Infrastructure Advantage INVESTOR PRESENTATION Florália Historic Mine Drilled Exploration Target: 40 to 60 Mt at 55-61% Fe¹¯² Low-Cost Dry Processing Target mining approvals by 2026 YE (1.5 Mtpa) MAXRESOURCE.COM Haul Roads to Vale, ArcelorMittal & Rail Network Ra
Slide 17: Florália DSO Project Flyover
Florália DSO Project Flyover INVESTOR PRESENTATION ▪ Diamond & auger drilling, channel sampling, Mag/LiDAR survey ▪ Existing 15 km road to iron ore rail terminal Play Drone Video of Florália DSO Project ▪ Ferro Puro DSO mine 50 km SW and GSM 17-km W ▪ Established dry crushing/screening/magnetic plan
Slide 18: Florália DSO Highlights
Florália DSO Highlights INVESTOR PRESENTATION Diamond Drill Core Florália Historic Open Cut ❯ Prolific Iron Mining and Infrastructure: Located Minas Gerais, Brazil, 67-km E of Belo Horizonte, 11-km SE of Santa Bárbara (30,000 pop.). Seven active/historic iron ore mines within 20-km radius ❯ Strategi
Slide 19: Florália Comparison, Cost Advantage & Market Activity
Florália Comparison, Cost Advantage & Market Activity INVESTOR PRESENTATION DSO Deposit Capital Haulage to Market Activity (Value) Company Country AUD Port/Buyer Ownership Stage AUD Max Iron Brazil Exploration Target 15 km road to Rail Terminal 100% 2-year Plan $13.6m Valuation ($4m expended) (ASX:
Slide 20: Florália Path to Cashflow
Florália Path to Cashflow INVESTOR PRESENTATION Targeting production in 24 months (1.5 Mtpa) drilling, feasibility and permitting activities already underway 2025 2026 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Exploration Target Delineation Drilling Environmental and Permitting Resource Drilling Resource MAXRESOURCE.
Slide 21: Mora Property: Terms of Purchase & References
Mora Property: Terms of Purchase & References INVESTOR PRESENTATION Under the terms of the Agreement, Maximum has the exclusive rights to earn up to 100% of Inversiones Villamora S.A.S. (“Villamora”). Pursuant to Maximum acquiring 100% of the shares of Villamora, the 100% owner of Mora, Maximum acts
Slide 22: Get in Touch
TSX-V: MAX OTCQB: MXROF FSE: M1D2 GET IN TOUCH Tim McNulty Corporate Communications Tel: (+1) 604 290 8100 Email: info@maxresource.com Rahim Lakha Strategic Advisor Email: rahim@bluesailcapital.com