Field photography from the Florália property in Minas Gerais
26 Metals · Florália iron property

Follow Florália’s next technical milestones.

26 Metals is bringing together 149 historical samples, six diamond drill holes and 86 auger holes to refine the geological model and guide the next work program at its 613-hectare project in Brazil’s Iron Quadrangle.

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Florália property, Minas Gerais · field photography

≈613 haProperty area
149Historical samples
6 holes · 761 mHistorical diamond drilling
≈15 kmFrom a reported rail terminal
What happens next

The next phase starts with a clearer geological model.

26 Metals is organizing the available project information to refine the Florália geological model and guide the next work program.

Completed

Option agreement closed

The staged agreement sets out 26 Metals’ path to earn up to a 100% interest.

Current focus

Geological-model work

Bring the available maps, samples and drilling information into one clearer project picture.

Next company milestone

Next work-program announcement

Use the improved model to guide the next exploration and technical program.

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Why Florália deserves a closer look

Location, earlier work and a defined next step.

Florália combines an established iron-region address with historical field information that can help guide the next phase of project evaluation.

01

An established iron region

Florália is located east of Belo Horizonte, within Brazil’s Iron Quadrangle in Minas Gerais.

02

A 613-hectare property

26 Metals has a staged path to earn up to a 100% interest by completing the terms of its option agreement.

03

Historical work to build from

Earlier mapping, sampling and drilling provide information that can help shape the next technical work.

04

Relevant iron experience

The team includes Brazilian iron geology, field exploration and iron-project development experience.

Regional map showing Florália in Minas Gerais and surrounding transport infrastructure
Regional context map. Proximity to a rail terminal does not mean commercial access has been secured.
Historical project information

Years of earlier work provide a starting point.

  • 618 locations mappedEarlier field observations helped describe the property.
  • 149 historical samplesCompany disclosure reports that 131 returned 50–61% iron with 0.01–0.05% phosphorus.
  • Six historical diamond holesA total of 761 metres adds information from below the surface.
  • 86 historical auger holesApproximately 890 metres of shallow drilling adds another layer of information.
Relevant experience

People who understand the ground and the iron business.

Experience spans Brazilian iron geology, field exploration, project development and public mining companies.

Brazil operations

Dr. Henrique de Sales

A former Vale iron ore geologist whose disclosed experience includes helping develop iron mines within 50 kilometres of Florália.

Team experience

Brett Matich

Led Aztec Resources while its Koolan Island iron project moved from a flooded open cut to operations.

Chief Executive Officer

Zachary Kotowych

Brings field exploration and mining research experience, supported by graduate training in geophysics.

The wider iron story

Three reasons iron remains part of the conversation.

Market context can help explain the setting. It does not predict what exploration at Florália will find.

Steel demand

Demand is forecast to strengthen

The World Steel Association forecasts global steel demand growth of 0.3% in 2026 and 2.2% in 2027.

World Steel Association · April 2026
Brazil

A core iron ore region

The U.S. Geological Survey reports that Brazil and Australia each account for roughly one-third of global iron ore exports.

U.S. Geological Survey · accessed July 2026
Iron quality

Quality is receiving more attention

Some lower-emission steelmaking methods require iron inputs with tighter quality specifications.

IEEFA · March 2026

Industry trends provide context only and do not predict Florália’s exploration results or 26 Metals’ future performance.

Plain-English answers

Understand the story before following the next milestone.

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What is 26 Metals?

26 Metals is a mineral acquisition and exploration company. Florália is its primary iron exploration project.

What does ‘earning up to 100%’ mean?

26 Metals has the right to acquire up to a 100% interest in Florália over time after completing the terms of a staged option agreement. The property is not being presented as fully owned today.

What is the next technical phase?

The current focus is bringing historical project information together, refining the geological model and using that work to plan the next exploration and technical steps.