Ma x Re s o u rc e A ppoints T echnical M ember

Ma x Re s o u rc e A ppoints T echnical M ember

V ancouver B.C., February 4, 2026 – MAX RESOURCE CORP. (“Max” or the “Company”) (TSX .V : MAX ; OTC: MX ROF;

Fra nkfurt: M1D2) i s pleased to announce that Scott Franko has joined the A dvisory Board as a technical member.

M r. Franko is an Ontario registered Professional Geoscientist with almost 40 years of domestic and international

ex perience i n base and precious metals and critical metals, both in exploration and mine setting s. M ost importantly, is the

4 y ears in managing projects in Colombia in pa rticula r, Max's current Mora Gold Silver Property (K K 6-08031).

Highlight channel cuts from 2012 ex ploration conducted by M r. Franko and 2025 ex ploration (ref er to Fi gure 1 and T able 2):

• 45.0 g/t gold and 7,110 g/t silver over 1.0m (1) – 2012

• 27.0 g/t gold and 732 g/t silver over 1.0m (2) – 2012

• 43.0 g/t gold and 187 g/t silver over 1.0m (3) -2012

• 36.7 g/t gold (s ilve r N/ A) over 2.0m (4) – 2012

• 8.9 g/t gold and 75 g/t silver over 1.5m (5) – 2012

• 21.0 g/t gold and 156 g/t silver over 1.0m (6) – 2025

“I ’m honoured to be appointed to the Adv isory Board . T he ex ploration my team conducted in 2012 led me to the conclusion

the M armato deposit is part of a much larger mineralized system that undoubtably continues across the M ora property

( KK6-08031). A t the time, Gran Colombia stated that the M armato deposit is open and continues at depth and to the

southwest and to the south, both areas cross the M ora Property,” comments M ax T echni cal A dv i ser, Scott Franco.

“W e are ex tremely pleased to welcome M r. Scott Franko to the M ax A dv i sory B oard. His experience exploring the Mo ra

property will be of s ignifica nt benefit as the Compa ny advances exploration and the PT O (M ines Operations Plan) with the

prime objective of drilling,” commented Ma x C EO, Brett M atich.

“Collecti v e M ini ng’ s Guayabales continues to move closer with the firs t drill hole at the X Ta r g e t, l ocated adj acent to the

northern border , intersect ing 12.85m at 503 g/t silver equivalent . A djoining along the eastern border, A ris M ining reports

M armato upgrade target of 200,000 ounces p/ ye a r starting Q4, 2026, highlighting the prospectivity of M ora,” he concluded .

Figure 1: NAN : Section B B¹ “Apollo-Ramp” and Section C C¹ “M armato D eeps” refer to Figure 3 and 4.

Source: https://aris -mining.com/operation/reserves -and -resources/ Source: www.collecti v emi ni ng.com

Figure 2: Se c tion B B¹ R amp Z one (950m below surf ace) compared to Section C C¹ M armato D eeps (450m below surface )

I mportant Nota tion: Surface level of BX and BQ similar to M armato and NA N approx imately 500m lower

Figure 3: Ra m p h igh-grade i nterse c tions a nd s imila r for M armato D eeps

M ax advises inv estors that the gold mineralization at M armato or Guay abales may not necessarily by indicati ve of similar minerali zati on at the M ora. M ax f urther

advi ses the QP has been unable to v erify the information on M armato that the information is not necessari ly i ndi cati v e to the mi nerali zati on on the M ora.

Figure 4: Mo ra Property i s located al ong the producti v e M i ddle Cauca Gold B elt

Name Highlights R ef erence

La Min a Resource : 33.77 M t at 1.06 g / t AuEq. For 1.15 Mo zsEq. https://goldmining.com/projects/colombia/la -m ina-project/

Titiribi M. Resource: 85M t at 1.06g/t A uEq. For 1.69M ozEq. https://www.goldmining.com/projects/colombia/titiribi -project/

I. R esource: 349M t at 0.55 g/t A uEq. For 6.2M ozEq.

Miraflora M & I R esource: 6.1M t at 2.62 g/t A u For 0.51 Mo z https://tigergoldco.com/quinchia -project/

Gramalote I . Resource: 192.7M t at 0.68 g/t A u For 4.2Mo z https://www.b2gold.com/operations -projects/ov erview/default.aspx #probable

Se rgovia P& P R eserv e: 4.367 M t at 10.7 g/t A u for 1.5Mo zs https://aris -mining.com/operation/reserv es -and -resources/

M & I Resources: 7.4M t at 15.3 g/t A u for 3.626 Mo zs

L a Colosa I. R esource: 821.67 M t at 0.85 g/t A u for 22.5 Mo zs https://portergeo.com.au/database/mineinfo.php?mineid=mn1441

I . R esource: 242.51 M t at 0.78g/t A u for 6.09 Mozs

Nuevo Chaquiro I . R esource: 604.5 M t at 0.65%Cu, 0.32 g/t A g, 116ppm M o and 0.32g/t A u for 6.1M ozs https://portergeo.com.au/database/mineinfo.php?mineid=mn1501

M armato Deposit P& P Reserv e: 31.28M t at 3.16 g/t A u for 3.178M ozs https://aris -mining.com/operation/reserv es -and -resources/

M & I Resource: 61.50M t at 3.03 g/t A u for 5.997M ozs

I nferred Resource: 35.60M t at 2.43 g/t A u for 2.787M ozs

Buritic á P& P Reserv e: 3.8M ozs at 6.9g/t A u& 13M ozs at 24g/t A g in 15.61M t https://www.zijinmining.com/global/program -deta il-71741.htm

M & I Resource: 4.4M ozs at 8.9g/t A u& 14.6M ozs at 29g/t in 14.02M t

I nf. Resource: 5.1M ozs at 8.9g/t A u& 18M ozs at 29g/t A g in 16.2M t

Ta b le 1: Breakdown of the +60M oz gold total from Fi gure 4

Gold Silve r Channel UTM ID

45.0 g/t 7,110 g/t 1.0 metre 432432E/604753N (1) 2012

27.0 g/t 732 g/t 2.0 metre 4324 45E/604726N (2) 2012

43.0 g/t 187 g/t 1.0 metre 430940 E/604972 N (3) 2012

36.7g/t 2.0 metre 431876E/604452N (4) 2012

8.9 g/t 75 g/t 1.0 metre 431090E/6027832 N (5) 2012

21.0 g/t 156 g/t 1.5 metre 435336E/603379 N (6) 2025

Ta b le 2: 2012 channel cuts (1 to 5) and 2025 c hip channel at t h e NAN

Quality A ssurance

M ax adheres to a strict QA /QC program for sample handling, sampling, sample transportation and analyses. A ll 21 rock

samples were taken by the M ax consulting geologist, labelled, placed in sealed, securiti zed bags and shipped to A L S L ab's

sample preparati o n facility in M edellin, Columbia. A L S M edellin is an I SO 9001: 2008 certified facility and is independent of

M ax . A ll samples were anal y zed using A L S procedure M E-I CP61, a four-acid digestion with inductively coupled plasma

finished. Over-limit gold is determined by A L S procedure A u-GR A 21 a 30 gram fire assay with a grav i metric f ini sh. Ov er-lim it

silv er, lead, arseni c and zinc were determined by A L S procedure OG-62, a four-acid digestion with an atomic absorption

spectroscopy finish.

At this ea rly s tage of exploration, Ma x relied on the QA /QC protocol's employed by A L S.

Qualified Person

T he Company 's di sclosure of a techni cal or sci entif ic nature in thi s news release was rev iewed and approv ed by T i m

Henneberry , P.Geo (B riti sh Columbia), a member of the M ax R esource adv isory board, who serv es as a qualifi ed person

under the definition of National I nstrument 43 -101.

A bout M ax R esource Corp.

Max Resource is a mineral exploration company focused on copper and precious metals assets in Colombia and

exploration development of a high purity iron project in Brazil.

• M ora Gold Silver in Colombia, encompasses over 40 historic, 5 active mines, a series of exposed polymetallic

structures over 2,500m by 1,000m surround ed by Collecti v e M i ning’ s (T SX , NY SE : CNL ) Guay abales project and

Ar is Min in g’s (TS X: ARIS , NYS E: ARMN) Ma rm a t o gold operations.

• Sierra A zul Copper Silve r in Colombia, sits along the Colombian portion of the world's largest producing copper

belt (A ndean belt), with world-class infrastructure and the presence of global majors (Glencore and Chev ron). F ully

funded by global miner Freeport -M cM oRan ( N YS E : F C X) relating to rights to earn up to 80% by funding $50 million

of accumulated ex penditures . Backed by support of Freeport-M cM oR an the team v i ews as v alidati on of the

geological and mining potential of Serra A zul. T he 2026 exploration season is well underway.

• Florá lia High Pu rit y Iro n Proj ect in Bra zil, li es adj acent to the l argest i ron ore mi nes i n M i nas Gerai s, B razi l's largest

iron ore and steel produci ng State. Exploration T arget of 50-70M t at 55%-61% Fe. Fully funded through an option to

purchase by Bolt M etals Corp (CSE: BOL T ) issuing an aggregate of 32.3m shares. Bolt is in process of closing

financing. T he transacti on i s subj ect to sati sf actory appli cable regul atory approv al s.

M ax cautions investors the potential quantity and grade of the iron ore is conceptual in nature, and further cautions there h as been i nsuf f i ci ent ex plorati on to def i ne a mi neral resource

and M ax i s uncertai n i f f urther ex plorati on wi ll result i n the geologi cal target bei ng deli neated as a mi neral resource. Hemati te mi nerali zati on tonnage potenti al esti mati on i s based on i n

situ high-grade outcrops and i nterpreted and modelled magneti c anomali es. D ensi ty v alue used f or the esti mate i s 2.8t/m³. Hemati te samp le grades range between 55 -61% Fe. T he 58

channel samples were collected for chemical analysis from in situ outcrops in previously mined slopes of industrial materials .

For more information visit on M ax Resource: https://www.max resource.com/

For additional information contact:

Tim Mc Nu lt y E: info@max resource.com T : (604) 290-8100

Brett M atich T : (604) 484 1230

Neither T SX V enture Ex change nor its Regulation Services Provider (as that term i s defined in the policies of the T SX V enture E x change) accepts responsi bi li ty f or the

adequacy or accuracy of thi s rel ease.

E x cept f or statements of hi stori c f act, thi s news rel ease contai ns certai n " f orward-looking information" within the meaning of appli cable securiti es law.

Forward-looking information i s frequently characterized by words such as "plan", "ex pect", "project", "intend", "beli ev e", "anti cipate" , " esti mate" and other si mi lar

words, or statements that certain ev ents or conditions "may " or "will" occur. Forward- looki ng statements are based on the opi ni ons and esti mates at the date the

statements are made and are subj ect to a v ari ety of ri sks and uncertai nti es and other f actors that coul d cause actual ev ents or results to differ materially from those

anticipated in the forward -looking statements including, but not limited to delay s or uncertainti es with regulatory approv als, including that of the T SX V . T here are

uncertainties inherent in forward -looking information, including factors beyond the Company’ s control. T here are no assurances that the commerci ali zati on plans

f or M ax R esources Corp. descri bed i n thi s news release wi ll come i nto ef f ect on the terms or ti me f rame descri bed herei n.

T he Company undertakes no obligation to update forward- looking information if circumstances or management's estimates or opinions should change ex cept as

required by law. T he reader is cautioned not to place undue reliance on forward -looking statements. A dditional information identifying ri sks and uncertainties that

could affect financial results i s contained in the Company’s filings with Canadian securities regulators, which fi lings are a v ai labl e at www.sedarplus.ca.