ValOre Metals Corp.. today announced the intent to increase the size of the previously announced non-brokered private placement on January 29, 2021 from C$3,600,000 to C$8,330,000. The Company will issue up to 27,766,666 units for total gross proceeds of up to C$8,330,000 . Each unit will be issued at a price of C$0.30 and will consist of one common share of ValOre and one half of one common share purchase warrant . Each [...]
ValOre Metals Corp. today announced the intent to complete a non-brokered private placement of up to 12,000,000 units at a price of CDN$0.30 per Unit for gross proceeds of up to CDN$3,600,000. Each Unit will consist of one common share in the capital of the Company and one-half of one non-transferable common share purchase warrant . Each whole Warrant will be exercisable to acquire one Share at an exercise price of [...]
ValOre Metals Corp. today announced the commencement of a follow-up rhodium assay program of historical drill core samples from ValOre's 100%-owned Pedra Branca Platinum Group Element Project in northeastern Brazil. "Since ValOre acquired the Pedra Branca PGE project in August 2019, the spot price of rhodium has risen from US$16,000 per ounce today," stated ValOre's Chairman and CEO, Jim Paterson. "Based on the [...]
ValOre Metals Corp. today announced assay results for Santo Amaro zone drilling at ValOre’s 100%-owned Pedra Branca Platinum Group Element Project in northeastern Brazil. Near surface PGE mineralization was intersected in eleven of the twelve core drill holes that intersected the ultramafic intrusion associated with the Santo Amaro NI 43-101 Inferred Resource. This drilling successfully extended near-surface [...]
ValOre Metals Corp. today announced encouraging STEINERT ore sorting testwork results for ValOre’s 100%-owned Pedra Branca Platinum Group Element Project in northeastern Brazil. Results from the ore sorting program, which used a set of 100 re-assayed and catalogued 5-cm samples of historical NQ drill core from the Esbarro PGE deposit, demonstrated distinct density responses for mineralized rock types, as well as [...]
ValOre Metals Corp. today summarized 2021 goals which aim to build on the 2020 accomplishments at ValOre’s 100%-owned Pedra Branca Platinum Group Element Project in northeastern Brazil. 2021 Focus ValOre issued over 20 news releases documenting accomplishments in calendar 2020, and we expect to report a greater number in 2021 as the Company generates more material corporate and project related news. Subject to final board [...]
ValOre Metals Corp. today announced assay results for eight Trapia 2 core drill holes at ValOre’s 100%-owned Pedra Branca Platinum Group Element Project in northeastern Brazil. The target ultramafic Trapia 2 intrusion was intercepted in all eight core holes drilled, establishing geological continuity well beyond the currently defined resource area. Near surface mineralization was intersected along strike to the northeast [...]
ValOre Metals Corp. today announced assay results for the final eight Trapia 1 drill holes at ValOre’s 100%-owned Pedra Branca Platinum Group Element Project in northeastern Brazil. The PGE-bearing ultramafic Trapia 1 intrusion was intercepted in all eight core holes drilled to the south of the current NI 43-101 resource area and PGE mineralization remains open along strike and down-dip. “The 2020 drilling at [...]
ValOre Metals Corp. today announced rhodium assay results for twenty-one historical drill core pulps from ValOres 100%-owned Pedra Branca Platinum Group Element Project in northeastern Brazil. Anomalous rhodium values, ranging from 2.0 g/t 2PGE+Au. Rhodium Assay Highligh...
ValOre Metals Corp. today provided a summary of 2020 accomplishments and next steps to advance ValOre’s 100%-owned Pedra Branca Platinum Group Element Project in northeastern Brazil. “So far in 2020, our team has successfully advanced exploration efforts at the Pedra Branca PGE project on multiple fronts. We have completed 80% of the 6,000 metre two phase drill program, focusing on our goals of resource expansion, target [...]
ValOre Metals Corp. today announced preliminary metallurgical results for cyanide leach and Falcon Ultra-Fine testwork for ValOre’s 100%-owned Pedra Branca Platinum Group Element Project in northeastern Brazil. “We are extremely pleased with both the high palladium recoveries achieved with cyanidation tests and the gravity concentration tests which showed more than 80% of the platinum recovered in 32% of the [...]
ValOre Metals Corp. today announced metallurgical results for two preliminary Platsol™ tests, and the initiation of multiple optimization studies for ValOre’s 100%-owned Pedra Branca Platinum Group Element Project in northeastern Brazil. “The pace of success at Pedra Branca has increased dramatically in the last three months, including today’s release of PGE metallurgical recovery rates of in excess of 93% for palladium [...]
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