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MAX Resource ( (TSE:MAX) ) has shared an announcement.
Max Resource Corp. has announced successful results from dry magnetic test work at its Florália Hematite DSO Project in Minas Gerais, Brazil, with iron ore recovery rates exceeding industry benchmarks. The company plans to further explore and develop the project, leveraging its strategic location and existing infrastructure, including proximity to major steel mills and shipping ports, to strengthen its market position and attract investment.
More about MAX Resource
Max Resource Corp. operates in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily engaged in the extraction of iron ore, with a significant project, the Florália Hematite DSO Project, located in Minas Gerais, Brazil. Max Resource aims to leverage its strategic location and existing infrastructure to enhance its market presence and operational efficiency.
YTD Price Performance: -20.0%
Average Trading Volume: 89,325
Technical Sentiment Signal: Buy
Current Market Cap: C$8.63M
Find detailed analytics on MAX stock on TipRanks’ Stock Analysis page.
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