# Max Resource Reports High-Grade Assays from the Flor&amp;\#xE1;lia Hematite DSO Project in Minas Gerais, Brazil

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe

Original source: https://money.tmx.com/en/quote/MAX/news/5160539345608655/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec

Publisher: tmx

Original announcement: 2025-03-31T12:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: MAX RESOURCE CORP.

- Ticker: MAX

- Exchange: TSX

- Region: Minas Gerais, Brazil

- Primary commodity: Iron ore

- Secondary commodities: Copper, Silver

- Document categories: Metallurgy, Drill results, Capital raise

- Extracted: 2026-09-14 11:21:39 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas summary

Max Resource reports high-grade iron assays from channel samples at its Florália Hematite DSO Project in Minas Gerais, Brazil, with 131 samples returning 50-61% Fe and a highlight of 64.7% Fe. Preliminary dry magnetic tests successfully increased Fe values by 4-6%. The company also announced a significant increase in the Florália geological target from 8-12Mt to 50-70Mt at 55-61% Fe, though this remains conceptual. Furthermore, Max Brazil Iron Ltd. closed a AUD $2.73 million private placement and is progressing towards an ASX IPO to raise up to AUD $10 million. The release also includes high-grade copper and silver channel assay results from the Sierra Azul Project in Colombia, with Freeport-McMoRan funding a US $4.8 million exploration budget for 2025.

Reasoning: The announcement reports high-grade iron assays from channel samples at Florália, successful preliminary metallurgical test work, and a substantial increase in the conceptual geological target. Additionally, it details progress on a significant capital raise via an ASX IPO for its iron subsidiary and high-grade channel sample results from the Sierra Azul copper-silver project. The overall news is very positive, indicating strong exploration results and corporate development.

- Positive factor: High-grade iron assays from channel samples at Florália

- Positive factor: Successful preliminary dry magnetic test work showing Fe value increase at Florália

- Positive factor: Significant increase in Florália DSO conceptual geological target

- Positive factor: Progress towards ASX listing for Max Brazil Iron Ltd. and successful private placement

- Positive factor: High-grade copper and silver channel assay results from Sierra Azul

- Negative factor: Max did not insert standards or blanks in the assay stream for Florália, relying on ALS's QA/QC

- Negative factor: Geological target for Florália is conceptual in nature and not a mineral resource

- Negative factor: Phosphorus is mentioned as a deleterious element in Florália iron ore

Facts used in scoring: 159

## Classification and evidence

**Multi-Domain Tested**

Polarity: positive

Definition: Variability across ore domains \(oxide, transition, fresh\) has been addressed.

Why it applies: 20 distinct composites were tested

## Extracted facts

Stored fact records: 159. Some facts used in scoring do not have a stored record.

## Metallurgical Results (159)

### Fact 1

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-0)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-001 Global Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 57.6

Context: FC-001

### Fact 2

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-1)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-001 22mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 44.9

Context: FC-001

### Fact 3

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-2)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-001 19mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 42.0

Context: FC-001

### Fact 4

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-3)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-001 16mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 44.0

Context: FC-001

### Fact 5

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-4)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-001 6.3mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 51.9

Context: FC-001

### Fact 6

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-5)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-001 1mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 56.9

Context: FC-001

### Fact 7

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-6)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-001 0.15mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 59.2

Context: FC-001

### Fact 8

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-7)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-001 &lt;0.15mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 63.8

Context: FC-001

### Fact 9

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-8)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-002 Global Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 54.9

Context: FC-002

### Fact 10

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-9)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-002 22mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 57.4

Context: FC-002

### Fact 11

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-10)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-002 19mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 57.3

Context: FC-002

### Fact 12

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-11)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-002 16mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 54.7

Context: FC-002

### Fact 13

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-12)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-002 6.3mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 56.5

Context: FC-002

### Fact 14

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-13)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-002 1mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 56.0

Context: FC-002

### Fact 15

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-14)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-002 0.15mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 47.6

Context: FC-002

### Fact 16

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-15)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-002 &lt;0.15mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 57.3

Context: FC-002

### Fact 17

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-16)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-003 Global Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 58.3

Context: FC-003

### Fact 18

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-17)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-003 22mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 59.9

Context: FC-003

### Fact 19

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-18)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-003 19mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 58.1

Context: FC-003

### Fact 20

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-19)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-003 16mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 59.1

Context: FC-003

### Fact 21

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-20)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-003 6.3mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 58.2

Context: FC-003

### Fact 22

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-21)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-003 1mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 57.1

Context: FC-003

### Fact 23

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-22)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-003 0.15mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 54.5

Context: FC-003

### Fact 24

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-23)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-003 &lt;0.15mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 63.2

Context: FC-003

### Fact 25

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-24)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-004 Global Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 52.3

Context: FC-004

### Fact 26

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-25)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-004 22mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 52.3

Context: FC-004

### Fact 27

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-26)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-004 19mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 52.5

Context: FC-004

### Fact 28

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-27)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-004 16mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 52.1

Context: FC-004

### Fact 29

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-28)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-004 6.3mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 53.3

Context: FC-004

### Fact 30

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-29)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-004 1mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 53.1

Context: FC-004

### Fact 31

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-30)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-004 0.15mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 47.8

Context: FC-004

### Fact 32

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-31)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-004 &lt;0.15mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 57.0

Context: FC-004

### Fact 33

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-32)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-005 Global Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 57.4

Context: FC-005

### Fact 34

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-33)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-005 22mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 63.5

Context: FC-005

### Fact 35

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-34)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-005 19mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 62.1

Context: FC-005

### Fact 36

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-35)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-005 16mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 63.2

Context: FC-005

### Fact 37

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-36)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-005 6.3mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 63.3

Context: FC-005

### Fact 38

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-37)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-005 1mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 64.0

Context: FC-005

### Fact 39

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-38)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-005 0.15mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 45.8

Context: FC-005

### Fact 40

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-39)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-005 &lt;0.15mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 50.4

Context: FC-005

### Fact 41

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-40)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-006 Global Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 58.3

Context: FC-006

### Fact 42

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-41)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-006 22mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 59.4

Context: FC-006

### Fact 43

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-42)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-006 19mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 60.5

Context: FC-006

### Fact 44

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-43)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-006 16mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 60.0

Context: FC-006

### Fact 45

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-44)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-006 6.3mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 58.8

Context: FC-006

### Fact 46

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-45)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-006 1mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 61.2

Context: FC-006

### Fact 47

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-46)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-006 0.15mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 51.8

Context: FC-006

### Fact 48

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-47)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-006 &lt;0.15mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 61.3

Context: FC-006

### Fact 49

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-48)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-007 Global Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 56.6

Context: FC-007

### Fact 50

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-49)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-007 22mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 60.0

Context: FC-007

### Fact 51

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-50)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-007 19mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 60.7

Context: FC-007

### Fact 52

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-51)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-007 16mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 60.8

Context: FC-007

### Fact 53

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-52)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-007 6.3mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 57.6

Context: FC-007

### Fact 54

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-53)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-007 1mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 56.1

Context: FC-007

### Fact 55

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-54)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-007 0.15mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 49.4

Context: FC-007

### Fact 56

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-55)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-007 &lt;0.15mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 60.5

Context: FC-007

### Fact 57

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-56)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-008 Global Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 53.7

Context: FC-008

### Fact 58

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-57)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-008 22mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 57.7

Context: FC-008

### Fact 59

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-58)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-008 19mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 55.8

Context: FC-008

### Fact 60

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-59)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-008 16mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 55.6

Context: FC-008

### Fact 61

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-60)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-008 6.3mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 55.4

Context: FC-008

### Fact 62

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-61)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-008 1mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 53.1

Context: FC-008

### Fact 63

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-62)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-008 0.15mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 46.2

Context: FC-008

### Fact 64

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-63)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-008 &lt;0.15mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 61.4

Context: FC-008

### Fact 65

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-64)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-009 Global Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 58.9

Context: FC-009

### Fact 66

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-65)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-009 22mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 60.5

Context: FC-009

### Fact 67

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-66)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-009 19mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 57.9

Context: FC-009

### Fact 68

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-67)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-009 16mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 58.2

Context: FC-009

### Fact 69

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-68)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-009 6.3mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 59.4

Context: FC-009

### Fact 70

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-69)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-009 1mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 59.8

Context: FC-009

### Fact 71

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-70)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-009 0.15mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 53.8

Context: FC-009

### Fact 72

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-71)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-009 &lt;0.15mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 62.3

Context: FC-009

### Fact 73

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-72)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-010 Global Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 58.1

Context: FC-010

### Fact 74

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-73)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-010 22mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 53.5

Context: FC-010

### Fact 75

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-74)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-010 19mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 51.9

Context: FC-010

### Fact 76

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-75)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-010 16mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 53.7

Context: FC-010

### Fact 77

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-76)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-010 6.3mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 53.7

Context: FC-010

### Fact 78

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-77)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-010 1mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 56.3

Context: FC-010

### Fact 79

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-78)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-010 0.15mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 61.5

Context: FC-010

### Fact 80

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-79)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-010 &lt;0.15mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 60.3

Context: FC-010

### Fact 81

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-80)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-012 Global Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 55.2

Context: FC-012

### Fact 82

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-81)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-012 22mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 57.0

Context: FC-012

### Fact 83

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-82)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-012 19mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 56.2

Context: FC-012

### Fact 84

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-83)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-012 16mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 56.9

Context: FC-012

### Fact 85

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-84)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-012 6.3mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 56.5

Context: FC-012

### Fact 86

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-85)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-012 1mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 54.2

Context: FC-012

### Fact 87

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-86)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-012 0.15mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 48.0

Context: FC-012

### Fact 88

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-87)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-012 &lt;0.15mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 62.7

Context: FC-012

### Fact 89

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-88)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-013 Global Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 52.2

Context: FC-013

### Fact 90

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-89)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-013 22mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 53.2

Context: FC-013

### Fact 91

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-90)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-013 19mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 54.6

Context: FC-013

### Fact 92

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-91)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-013 16mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 55.0

Context: FC-013

### Fact 93

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-92)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-013 6.3mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 53.8

Context: FC-013

### Fact 94

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-93)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-013 1mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 52.2

Context: FC-013

### Fact 95

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-94)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-013 0.15mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 47.7

Context: FC-013

### Fact 96

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-95)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-013 &lt;0.15mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 51.7

Context: FC-013

### Fact 97

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-96)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-017 Global Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 58.1

Context: FC-017

### Fact 98

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-97)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-017 22mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 58.2

Context: FC-017

### Fact 99

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-98)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-017 19mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 62.8

Context: FC-017

### Fact 100

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-99)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-017 16mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 58.7

Context: FC-017

### Fact 101

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-100)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-017 6.3mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 61.2

Context: FC-017

### Fact 102

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-101)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-017 1mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 60.0

Context: FC-017

### Fact 103

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-102)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-017 0.15mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 55.4

Context: FC-017

### Fact 104

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-103)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-017 &lt;0.15mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 58.7

Context: FC-017

### Fact 105

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-104)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-019 Global Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 58.7

Context: FC-019

### Fact 106

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-105)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-019 22mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 61.9

Context: FC-019

### Fact 107

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-106)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-019 19mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 59.9

Context: FC-019

### Fact 108

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-107)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-019 16mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 58.7

Context: FC-019

### Fact 109

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-108)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-019 6.3mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 60.6

Context: FC-019

### Fact 110

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-109)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-019 1mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 61.0

Context: FC-019

### Fact 111

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-110)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-019 0.15mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 54.6

Context: FC-019

### Fact 112

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-111)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-019 &lt;0.15mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 59.7

Context: FC-019

### Fact 113

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-112)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-021 Global Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 52.8

Context: FC-021

### Fact 114

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-113)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-021 22mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 49.1

Context: FC-021

### Fact 115

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-114)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-021 19mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 51.0

Context: FC-021

### Fact 116

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-115)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-021 16mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 50.9

Context: FC-021

### Fact 117

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-116)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-021 6.3mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 54.3

Context: FC-021

### Fact 118

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-117)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-021 1mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 55.3

Context: FC-021

### Fact 119

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-118)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-021 0.15mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 52.3

Context: FC-021

### Fact 120

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-119)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-021 &lt;0.15mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 50.8

Context: FC-021

### Fact 121

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-120)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-022 Global Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 56.8

Context: FC-022

### Fact 122

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-121)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-022 22mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 48.7

Context: FC-022

### Fact 123

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-122)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-022 19mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 49.0

Context: FC-022

### Fact 124

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-123)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-022 16mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 45.9

Context: FC-022

### Fact 125

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-124)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-022 6.3mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 50.4

Context: FC-022

### Fact 126

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-125)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-022 1mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 56.9

Context: FC-022

### Fact 127

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-126)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-022 0.15mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 59.6

Context: FC-022

### Fact 128

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-127)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-022 &lt;0.15mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 59.9

Context: FC-022

### Fact 129

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-128)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-024 Global Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 59.8

Context: FC-024

### Fact 130

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-129)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-024 22mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 51.5

Context: FC-024

### Fact 131

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-130)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-024 19mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 59.2

Context: FC-024

### Fact 132

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-131)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-024 16mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 54.5

Context: FC-024

### Fact 133

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-132)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-024 6.3mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 60.5

Context: FC-024

### Fact 134

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-133)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-024 1mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 62.6

Context: FC-024

### Fact 135

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-134)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-024 0.15mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 59.7

Context: FC-024

### Fact 136

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-135)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-024 &lt;0.15mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 59.0

Context: FC-024

### Fact 137

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-136)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-029 Global Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 51.4

Context: FC-029

### Fact 138

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-137)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-029 22mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 51.7

Context: FC-029

### Fact 139

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-138)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-029 19mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 52.6

Context: FC-029

### Fact 140

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-139)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-029 16mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 51.0

Context: FC-029

### Fact 141

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-140)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-029 6.3mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 53.9

Context: FC-029

### Fact 142

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-141)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-029 1mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 54.4

Context: FC-029

### Fact 143

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-142)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-029 0.15mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 49.5

Context: FC-029

### Fact 144

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-143)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-029 &lt;0.15mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 48.0

Context: FC-029

### Fact 145

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-144)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-030 Global Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 56.4

Context: FC-030

### Fact 146

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-145)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-030 22mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 48.3

Context: FC-030

### Fact 147

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-146)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-030 19mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 44.0

Context: FC-030

### Fact 148

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-147)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-030 16mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 50.8

Context: FC-030

### Fact 149

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-148)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-030 6.3mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 55.2

Context: FC-030

### Fact 150

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-149)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-030 1mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 58.1

Context: FC-030

### Fact 151

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-150)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-030 0.15mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 59.7

Context: FC-030

### Fact 152

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-151)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-030 &lt;0.15mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 58.0

Context: FC-030

### Fact 153

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-152)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-031 Global Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 56.4

Context: FC-031

### Fact 154

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-153)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-031 22mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 62.0

Context: FC-031

### Fact 155

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-154)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-031 19mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 62.6

Context: FC-031

### Fact 156

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-155)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-031 16mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 61.4

Context: FC-031

### Fact 157

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-156)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-031 6.3mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 61.3

Context: FC-031

### Fact 158

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-157)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-031 1mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 59.3

Context: FC-031

### Fact 159

[Link to this fact](https://atlas-extractions.minestarters.com/news/max-resource-reports-high-grade-assays-from-the-flor-xe1-lia-hematite-dso-projec--15072a4e-4a15-49a9-be42-5ea6df08dbbe#fact-metallurgical-facts-158)

Florália Hematite DSO Project · iron\_ore

#### Identity

- Project: Florália Hematite DSO Project
- Commodity: iron\_ore
- Region: brazil
- Reported Region: Minas Gerais, Brazil
- Ticker: MAX

#### Test Work

- Sample: FC-031 0.15mm Fe

#### Lab

- Laboratory: ALS Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-31T00:00:00.000Z

Reasoning: Channel sample returned high-grade iron, indicating potential for direct shipping ore, with low phosphorus content.

- Positive factor: High iron grade

- Positive factor: Low phosphorus values

- Positive factor: DSO potential

- Negative factor: Company did not insert standards or blanks, relying on lab QA/QC

Evidence · table

> 48.8

Context: FC-031

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.
