Max Resource Corp · TSXV:MAX
Max Resource — Investor Presentation (March 2024)
28 slides from Max Resource's investor presentation, March 2024
Slide 1: Exploring The Next World Class Copper District in Colombia
Exploring The Next World Class Copper District in Colombia TSX.V: MAX OTC: MXROF MARCH 2024 FRANKFURT: M1D2
Slide 2: Disclaimer
DISCLAIMER This presentation (the “Presentation”) has been prepared solely for information purposes in connection with the contemplated issue of shares in “MAX” or the “Company”) and is being furnished by MAX to a limited number of parties (the “Recipients”) who have a potential interest in subscrib
Slide 3: Capital Structure
CAPITAL STRUCTURE Ownership Endeavor Silver Basic Shares Out 161,884,325 5% Options 11,065,000 30% Retail 30% Warrants 15,503,704 High Net Worth Market Cap $22.5m 10% Mgmt & Institutions Advisors Cash $8.7m 25% Source: Q2 Financial Statements September 30, 2023 3 | TSXV: MAX
Slide 4: Management & Industry Team
MANAGEMENT & INDUSTRY TEAM Brett Matich Bruce Counts Dr. Chris Grainger CEO & President Senior Technical Consultant Colombian Expert M.Eng Aff.M.Asce B.Geo, P.Geoscientist PHD, P.Geo • CEO of ASX, TSX.V, AIM • 30 years intl mining experience • 20 years expertise in South America • Aztec Resources $3
Slide 5: Copper Market
COPPER MARKET Copper Mining M&A Continues as Green Energy Transition Drives Demand1 Analysts at Wood Mackenzie estimate a greener world will be short about six million tons of copper by next decade2 “We harness the potential of copper,” quoted Irene Vélez, Colombia newly appointed Minister of Mines
Slide 6: Cesar Basin - Colombia
CESAR BASIN - COLOMBIA ⮚ CESAR lies along the copper- silver rich 200-kilometre-long Cesar Basin in northeastern Colombia. ⮚ CESAR Copper-Silver Project is strategically located in mining friendly Northeastern Colombia ⮚ Major infrastructure from oil & gas (Chevron) and mining operations, including
Slide 7: Cesar Basin Jurassic-Triassic Stratigraphy and Deposit Types
CESAR BASIN Simplified Jurassic-Triassic Stratigraphy and Deposit Types Continental felsic/intermediate volcanic rock and UPPER marine sediments Jurassic porphyry Cu-Mo-Au and porphyry related vein systems Internal unconformity Jurassic Saldana Formation Continental red-beds (conglomerates, sandston
Slide 8: Cesar Project
CESAR PROJECT Exploration for Copper & Silver spanning 90km AM discovery (2020) - 100% owned ➢ “Kupferschiefer-type” copper system spans 20 kms ➢ Highlight samples: 34.4% copper and 305 g/t silver ➢ Approved Concessions cover 114-km² Conejo discovery (2021) – 100% owned ➢ High-grade copper-silver, 4
Slide 9: Cesar Basin: Analogous to World's Largest Sediment-Hosted Copper Districts
CESAR BASIN Analogous to the world’s largest sediment-hosted producing copper districts Kupferschiefer (11 mines) CESAR BASIN (potential for multiple Cu-rich mines) African Belt (20 mines) 9 | TSXV: MAX CESAR COPPER-SILVER PROJECT
Slide 10: URU Discovery: 2022 Drill Program
URU DISCOVERY: 2022 DRILL PROGRAM Max is first to drill for copper in the CESAR basin ➢ 12 holes over 2,244m at the URU-C and URU-CE targets located 750m apart ➢ All 12 holes intersected mineralized zones, 6 intersected significant copper-silver mineralization and confirms continuation of the copper
Slide 11: URU-C Drill Program
URU-C DRILL PROGRAM 11 | TSXV: MAX
Slide 12: URU-CE Drill Program
URU-CE DRILL PROGRAM 12 | TSXV: MAX
Slide 13: AM District
AM spans 20km in length AM DISTRICT ➢ Northern end of the 90km-long CESAR copper-silver belt ➢ 15 Mining Concessions cover 114km² and AM-1 to AM-14 targets ➢ Highlight surface values of 34.4% copper and 305 g/t silver ➢ 2023: Two scout drill holes confirmed the continuity down dip from surface coppe
Slide 14: AM District - 2023 Discovery
AM DISTRICT - 2023 DISCOVERY ➢ Discovery of a significant copper-silver system, called AM-7, which is located on 1 of 7 new Application for Mining Concessions. The AM-7 mineralized horizon is a tabular body that ranges from 0.3m to 2m in width, extends over 1600m along strike and is open in all dire
Slide 15: Conejo Discovery
CONEJO DISCOVERY +3.7km Cu/Ag zone ➢ Located 30km south of AM District ➢ Outcrop #2 ➢ Samples averaged 4.9% copper (2% cut-off) ➢ +3.7km length remains open in all directions 15 | TSXV: MAX
Slide 16: Conejo
CONEJO “Outcrop 1” located 1.6km east of “Outcrop 2” Source: Fraser Institute Annual Survey of Mining Companies 2020 Page 9 16 | TSXV: MAX “Outcrop 1”
Slide 17: Milestones
MILESTONES 2020 2021 2022 2023 ✔ Discovery of AM (analogous ✔ Discovery of Conejo & URU ✔ Discovery of URU-C+URU-CE ✓ First assays results from to Kupferschiefer (analogous to African • 9m at 7%Cu + 115g/t Ag drill program Copper Belt) • 16.8m at 8%Cu + 146g/t Ag ✔ Co-operation AGH University ✓ 2023
Slide 18: 2023 Exploration
2023 EXPLORATION ➢ Fully funded exploration program underway focused in 21 copper-silver targets: AM-1 to 7, Conejo-1 to 3 and URU-1 to 12 ➢ Revisiting clusters of the outcrops with grades >1.0% copper with the objective of delineating feeders ➢ Conducting high-resolution airborne magnetic and radio
Slide 19: Why Invest in MAX?
WHY INVEST IN MAX? ⮚ Management has a track record of significant mineral discoveries ($2 billion value add) ⮚ Self funded exploration and drilling programs: $8.7M cash ⮚ Wholly-owned CESAR Copper-Silver Project: located within a prolific mining region (Glencore and Chevron): ▪ URU-C and URU-CE firs
Slide 20: Contact Us
CONTACT US Exploring The Next World Class Copper District in Colombia Tim McNulty, Communications (+1) 604 290 8100 Email: info@maxresource.com Rahim Lakha, Strategic Advisor Email: rahim@bluesailcapital.com TSX.V: MAX www.maxresource.com OTC: MXROF FRANKFURT: M1D2
Slide 21: Appendix
APPENDIX Exploring The Next World Class Copper District in Colombia TSX.V: MAX OTC: MXROF FRANKFURT: M1D2
Slide 22: RT Gold Project
RT GOLD PROJECT ➢ Located in northern Peru along the Cajamarca Metallogenic belt, which hosts several world class deposits and extends north from Central Peru into Southern Ecuador. RT has two high-grade gold targets: • TABLON Zone, a high-grade gold-bearing massive sulfide, and 3-km SE lies, • CERR
Slide 23: RT Gold Project: Highlight Assays
RT GOLD PROJECT Highlight Assays from NI 43-101 Filed June 2023 ➢ 2021 re-assays of 2001 drill core confirms previous drill From Interval Gold Silver program and validates the DDH No. (m) (m) (g/t) (g/t) Copper Zinc true potential of the two RT-6 8.2 26.3 3.3 14.9 0.25% 0.25% distinct gold-bearing s
Slide 24: RT Gold: Tablon Zone
RT GOLD: Tablon Zone Interval Gold Silver Copper Zinc From DDH No. 26.5m 10.8 g/t 20.7 g/t 0.12% 0.29% 13.4m RT-13 ✔ 2021 re-assays of TABLON diamond 26.3m 3.3 g/t 14.9 g/t 0.25% 0.25% 8.2m RT-6 drill 2001 core demonstrate the 20.3m 2.2 g/t 4.2 g/t 1.80% 0.29% 9.6m RT-7 exceptional near surface high
Slide 25: RT Gold: Cerro Zone
RT GOLD: Cerro Zone (multi m/oz target) Cerro Zone: high-grade primary gold porphyry ✔ 2.0-km by 1.5-km gold rich zone, open in all directions ✔ Values range 0.1 to 4.0 g/t gold ✔ 0.1 to 62.9 g/t gold structures ✔ 3.3 g/t gold over 25.5m continuous channel ✔ Strong IP response is coincident to gold
Slide 26: RT Gold: Historic Diamond Drilling Comparative Assays
RT GOLD: Historic Diamond Drilling Comparative Assays Historical Intercepts (2001) Max Resource Intercepts (2021) DDH ICP/AA - FA DDH ICP/AA - FA Gold Copper From (m) To (m) Interval (m) From (m) To (m) Interval (m) Silver (g/t) Zinc (ppm) Number Gold (g/t) Number (g/t) (ppm) RT-1 13.50 15.00 1.50 1
Slide 27: RT Gold: Historic Diamond Drilling Comparative Assays
RT GOLD: Historic Diamond Drilling Comparative Assays Historical Intercepts (2001) Max Resource Intercepts (2021) ICP/AA - FA Gold ICP/AA - FA Gold DDH Number From (m) To (m) Interval (m) DDH Number From (m) To (m) Interval (m) Silver (g/t) Copper (ppm) Zinc (ppm) (g/t) (g/t) RT-16 16.17 20.07 3.90
Slide 28: RT Gold: Historic Diamond Drilling (2001)
RT GOLD: Historic Diamond Drilling (2001) Gold g/t F. UTM E UTM N Elevation Azimuth Dip Length DDH Number From (m) To (m) Length Assay DDH Number DATUM Garmin 12 Garmin 12 North is Horizontal is Measured RT-1 13.50 15.00 1.50 1.16 PSAD 56 GPS Data GPS Data 360° 0° From collar And 24.00 25.50 1.50 4.