MAX Resource Expands with Brazilian Iron Ore Project Acquisition

MAX Resource (TSE:MAX) has released an update.

MAX Resource Corp. has signed a definitive agreement to acquire the Florália DSO Iron Ore Project in Brazil, aiming to expand their portfolio with a high-value direct-shipping ore asset. The project, located near Belo Horizonte, is poised for near-term development potential and is surrounded by significant mining infrastructure. CEO Brett Matich emphasized the strategic nature of this acquisition alongside the company’s primary focus on the Sierra Azul Copper-Silver Project.

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