Unlocking Brazil's Iron Ore Potential
MAX Iron Brazil specializes in acquiring, exploring, and developing hematite iron ore properties in Brazil, with its wholly owned Florália Hematite Iron Ore Property at the forefront. Located in Minas Gerais, Brazil’s top iron ore and steel-producing state, this region represents a prime opportunity within the world’s second-largest iron ore market.
Though in the early stages of exploration and development, MAX Iron Brazil is driven by a team of seasoned professionals committed to uncovering and advancing new iron ore discoveries.
E-Mail Address
info@maxironbrazil.com
Phone
International (+61) 7 3024 0000
Australia (+07) 3463 3734
Address
Level 8, Waterfront Place 1 Eagle Street,
Brisbane City QLD 4000
Florália Hematite Iron Ore Project in Minas Gerais State, Brazil (DSO)
The Florália Hematite Property (“Property”) includes an historic open pit mine located within a prolific hematite iron ore mining locality, 70-km east of the capital city of Belo Horizonte in the State of Minas Gerais, Brazil. The Florália Mineral Right n° 832.022/2018 covers approximate area of 613 hectares.
In 2023, Jaguar Mining conducted a mapping and sampling program, 41 channel samples were collected over a 151m accumulated length. The samples averaged 58% Fe. This work has resulted in the definition of a geological target estimated at 2,971,233 m3 to 4,496,333 m3 or 8,052,041 tonnes to 12,184,160 tonnes using a density of 2.71 g/cm3 at an average grade of 58% Fe.
High-grade hematite (60% Fe) is often referred to as “Direct Shipping Ore” or “DSO” because it is mined and beneficiated using a relatively simple crushing and screening process before being exported for use in steel mills. The appeal of DSO lies not only in its high iron content but also in small environmental footprint, lower greenhouse gas emissions from dry processing, no requirement for water or environmental sensitive tailings dams.
MAX cautions investors the potential quantity and grade of the iron ore is conceptual in nature, and further cautions there has been insufficient exploration to define a mineral resource and MAX is uncertain if further exploration will result in the target being delineated as a mineral resource. The source of the exploration information on the Florália Property is “Depósito Florália Oportunidade para minerrio de ferro by Jaguar Mining Inc.” The document is undated.
MAX cautions investors the potential quantity and grade of the iron ore is conceptual in nature, and further cautions there has been insufficient exploration to define a mineral resource and MAX is uncertain if further exploration will result in the target being delineated as a mineral resource. The source of the exploration information on the Florália Property is “Depósito Florália Oportunidade para minerrio de ferro by Jaguar Mining Inc.” The document is undated.The project is located 70km SE of Belo Horizonte, Minas Gerais, Brazil’s largest iron ore producing State.
Current State of Exploration
April 2024, MAX conducted investigation and due diligence of the Property. Then assembled an exploration team headed by iron ore geologists Henrique De Sales as head of operations who resides in Belo Horizonte, Minas Gerais State, Brazil.
MAX has now conducted a drone hi-res 140-line-km magnetic/LiDAR survey which identified a significant 1,000m by 1,500m hematite zone that correlates with field activities and extrapolates from the 160m-by-160m historic open cut. MAX’s technical team reviewed the new drone magnetics and channel sampling data significantly expanding the Hematite geological target from 8 to 12mt at 58% Fe to 50 to 70mt at 55 to 61% Fe from surface and open in all directions. In addition, a Hematite/Itabirite geological target of 120 to 170mt at 53% Fe.
Next Steps: Channel sample assays are pending; bulk sample test work; auger and diamond drilling.
Hematite mineralization tonnage potential estimation is based on in situ high-grade outcrops and interpreted and modelled magnetic anomalies. Density value used for the estimate is 2.8t/m³. Hematite sample grades range between 55-61% Fe. Hematite/Itabirite mineralization tonnage potential estimation is based on in situ itabirite outcrop interpreted and modelled magnetic anomalies. Density value used for the estimate is 2.5t/m3. Itabirite sample grades range between 51-55% Fe.
The 58 channel samples were collected for chemical analysis from in situ outcrops in previously mined slopes of industrial materials. Channel samples weighed in average 14 kg. Chemical analysis was performed at ALS Laboratories. Metal Oxides are determined using XRF analysis. Fusion disks are made with pulped samples and the addition of a borate-based flux. Max did not insert standards or blanks in the assay stream and is relying on ALS’s lab QA/QC
Drone Video & Magnetic Survey
This drone video showcases the high-resolution magnetic and LiDAR survey conducted over the Florália Hematite Iron Ore Property. Spanning 140 line-kilometers with 50-meter spacing, the survey highlights a remarkable 1,500m by 1,000m bull’s-eye anomaly.
These advanced geophysical insights provide a detailed view of the property’s potential, guiding exploration efforts and unlocking promising targets for further development.
Our Team & Advisors
Our success is driven by a dedicated team of industry professionals and seasoned advisors with decades of experience in mining, exploration, and corporate development. Their expertise spans resource identification, project management, and strategic partnerships, ensuring MAX Iron Brazil is well-positioned to advance its Florália Hematite Iron Ore Property and deliver value to stakeholders.
Brett Matich
CEO & Director - M.Eng. ACSE ACID
Mr. Matich brings over 25 years of experience in the mining industry, leading exploration and development projects across multiple stock exchanges, including ASX, TSXV, CSE, OTCQX, and AIM. Notable achievements include developing significant nickel and hematite resources, overseeing major acquisitions, and founding or managing companies that achieved substantial valuation growth. Currently, he leads Max Resource in advancing copper-silver exploration in Colombia, including a partnership with Freeport-McMoRan.
Alex Helmel
CFO & Director - B.Sc.
Mr. Helmel specializes in early-stage ventures in Canadian capital markets, focusing on private-to-public transitions, corporate governance, and growth strategies. With extensive experience as a director and officer for private and publicly listed corporations, he is a key contributor to strategic development and corporate success.
Paul Matich
Director
Mr. Matich has over 40 years of experience in the resource sector, serving as chairman or director for several ASX-listed companies. His roles include leading key acquisitions, overseeing sale agreements with international partners, and driving strategic growth in nickel, hematite, and diversified resource projects.
Karl Schlobohm
Corporate Secretary - B.Com, B.Econ, M.Tax, CA, FGIA.
Mr. Schlobohm is a Chartered Accountant with over 30 years of experience in corporate governance, finance, and executive roles. He has worked with Ernst & Young, managed his boutique practice, and supported numerous ASX, TSX, and LSE-listed companies in the resources industry. He also contributes to governance initiatives in the nonprofit sector. Mr. Schlobohm holds degrees in Commerce (UQ) and Economics (UQ), a Masters of Taxation (UNSW), and Graduate Certificate in Forensic Accounting (QUT).
Brett Matich
CEO & Director - M.Eng. ACSE ACID
Mr. Matich brings over 25 years of experience in the mining industry, leading exploration and development projects across multiple stock exchanges, including ASX, TSXV, CSE, OTCQX, and AIM. Notable achievements include developing significant nickel and hematite resources, overseeing major acquisitions, and founding or managing companies that achieved substantial valuation growth. Currently, he leads Max Resource in advancing copper-silver exploration in Colombia, including a partnership with Freeport-McMoRan.
Alex Helmel
CFO & Director - B.Sc.
Mr. Helmel specializes in early-stage ventures in Canadian capital markets, focusing on private-to-public transitions, corporate governance, and growth strategies. With extensive experience as a director and officer for private and publicly listed corporations, he is a key contributor to strategic development and corporate success.
Paul Matich
Director
Mr. Matich has over 40 years of experience in the resource sector, serving as chairman or director for several ASX-listed companies. His roles include leading key acquisitions, overseeing sale agreements with international partners, and driving strategic growth in nickel, hematite, and diversified resource projects.
Karl Schlobohm
Corporate Secretary - B.Com, B.Econ, M.Tax, CA, FGIA.
Mr. Schlobohm is a Chartered Accountant with over 30 years of experience in corporate governance, finance, and executive roles. He has worked with Ernst & Young, managed his boutique practice, and supported numerous ASX, TSX, and LSE-listed companies in the resources industry. He also contributes to governance initiatives in the nonprofit sector. Mr. Schlobohm holds degrees in Commerce (UQ) and Economics (UQ), a Masters of Taxation (UNSW), and Graduate Certificate in Forensic Accounting (QUT).
Jon Hill (Advisor)
Qualified Person (QP) - B.A.Sc. AUSIMM
Mr. Hill, based near the Florália project, has over 30 years of global exploration and mining experience. He has been involved in significant discoveries and resource developments, including roles at AngloGold Ashanti and as a non-executive director for multiple mining companies. His expertise spans exploration, due diligence, and corporate development.
Dr. Chris Grainger (Advisor)
In-Country Advisor - B.A.Sc. PhD.
Dr. Grainger, an Australian geologist residing in Brazil, has over 25 years of experience in exploration and resource development across the Americas. He has contributed to major discoveries, including the Buriticá Gold-Silver project, and has played a key role in successful resource transactions and partnerships with global mining leaders.
Jon Hill (Advisor)
Qualified Person (QP) - B.A.Sc. AUSIMM
Mr. Hill, based near the Florália project, has over 30 years of global exploration and mining experience. He has been involved in significant discoveries and resource developments, including roles at AngloGold Ashanti and as a non-executive director for multiple mining companies. His expertise spans exploration, due diligence, and corporate development.
Dr. Chris Grainger (Advisor)
In-Country Advisor - B.A.Sc. PhD.
Dr. Grainger, an Australian geologist residing in Brazil, has over 25 years of experience in exploration and resource development across the Americas. He has contributed to major discoveries, including the Buriticá Gold-Silver project, and has played a key role in successful resource transactions and partnerships with global mining leaders.
Auditors & Compliance
Our auditors ensure rigorous oversight, transparency, and adherence to international reporting standards. Through robust governance practices, we maintain the trust of our stakeholders and align with industry best practices to support sustainable growth.
PKF Brisbane
Auditors
Mac Antunes Advogados
Brazilian Lawyers
Hopgood Lawyers
Australian Lawyers
Evandro Filho MSc. FAUSIMM
Brazil Independent QP
Investor Presentation
Discover the potential of the Florália Hematite Property, strategically positioned in Brazil’s leading iron ore mining region, just 70 km from the capital city of Minas Gerais, Belo Horizonte. This comprehensive presentation provides insights into the property’s geological profile, exploration results, and development roadmap. Highlighting a historic open-pit mine and promising grades of 58% Fe, the Florália Property represents a unique opportunity within the global iron ore market.