ValOre Metals Corp. today reported an updated independent National Instrument 43-101 inferred mineral resource estimate for ValOre's 100%-owned Pedra Branca Platinum Group Elements Project in northeastern Brazil. ValOre's CEO, Jim Paterson stated, "We are very pleased to announce the doubling of ValOre's Pedra Branca inferred mineral resource estimate, which was expanded to 2.2 million ounces of palladium, platinum, and [...]
ValOre Metals Corp. today provided an update on a metallurgical testwork program for ValOre's 100%-owned Pedra Branca Platinum Group Elements Project in northeastern Brazil. "We are very encouraged by our first locked cycle flotation test that gave recoveries of 82.9% for platinum, 71% for palladium and 85.2% for gold on an unweathered sample from the Curiu PGE deposit, and have now started testwork on weathered Curiu [...]
ValOre Metals Corp. today provided an update from ValOre's 100%-owned Pedra Branca Platinum Group Element Project in northeastern Brazil, where exploration employing the Trado? auger has identified multiple zones of near surface mineralization. "While commonly used throughout Brazil, ValOre was the first company to use the Trado? auger for exploration at Pedra Branca. This cost-effective and highly portable tool led us to [...]
ValOre Metals Corp. today provided an update on metallurgical testwork program at ValOre's 100%-owned Pedra Branca Platinum Group Elements Project in northeastern Brazil. "Confirmatory drilling results from Cedro returned broad, well mineralized palladium-platinum intercepts from surface, and down-dip at depth," stated ValOre's VP of Exploration, Colin Smith. "ValOre's team has commenced selecting a composite sample for [...]
ValOre Metals Corp. reports core drilling assay results from the Massap? and Santo Amaro South targets at ValOre's 100%-owned Pedra Branca Platinum Group Elements Project in northeastern Brazil. "ValOre's proven exploration methodology has led to exciting near-surface 2021 drilling results at both Massap? and Santo Amaro South," stated ValOre's VP of Exploration, Colin Smith. "Both targets will be considered in the [...]
ValOre Metals Corp. today announced the granting of 6,660,000 incentive stock options to certain Directors, Officers, Employees and Consultants of the Company. The Options are exercisable at $0.45 per share for a period of three years from the date of grant with ? vesting upon grant and ? vesting every 3 months thereafter. The Options were granted pursuant to the Company's shareholder-approved stock option plan and are [...]
ValOre Metals Corp. today announced that the Company's common shares are now fully eligible for settlement through the Depository Trust Company , a subsidiary of the Depository Trust & Clearing Corp. which manages the electronic clearing and settlement of publicly-traded companies in the United States of America. ValOre's common shares trade in the United States on the OTCQB under the ticker symbol "KVLQF". The [...]
ValOre Metals Corp. today provided an exploration update for ValOre's 100%-owned Angilak Property Uranium Project , located in Nunavut Territory, Canada. "The potential for significant resource expansion and discovery at Angilak is exceptional, including 14 targets with high-grade U3O8 drill intercepts which span 60 kilometres of underexplored prospective geological trend," stated ValOre's Vice President Exploration [...]
ValOre Metals Corp. today reported diamond drilling assay results from the Santo Amaro target at ValOre's 100%-owned Pedra Branca Platinum Group Elements Project in northeastern Brazil. "2021 drilling at Santo Amaro was a great success, with significant shallow PGE intercepts returned in 16 of 20 holes," stated ValOre's VP of Exploration, Colin Smith. "The 127-metre PGE intercept in drill hole DD21SA27, situated 95 metres [...]
ValOre Metals Corp. today announced the closing of the previously announced "best efforts" brokered private placement for gross proceeds of C$11,000,000, which includes the proceeds from the full exercise of the Agent's option. Due to significant demand, the Offering was upsized from the original gross proceeds of C$7.0 million. Under the Offering, the Company sold 18,333,333 flow-through units of the Company to [...]
ValOre Metals Corp. today announced that it has entered into a definitive property option agreement with Azincourt Energy Corp. , an arms-length party, pursuant to which the Optionee has been granted the option to acquire up to a seventy-five percent interest in the Hatchet Lake Uranium Project . The Project consists of a series of six mineral claims located in the province of Saskatchewan. ValOre's Chairman & CEO Jim [...]
ValOre Metals Corp. today announced that based on significant investor demand, the Company has increased the size of the previously announced "best efforts" private placement from C$7,000,000 to up to C$9,000,000 from the sale of up to 15,000,000 flow-through units of the Company to be sold to charitable purchasers at a price of C$0.60 per Charity FT Unit . Each Charity FT Unit will consist of one common share of the [...]