Avanti Gold Corp.

Valorem Resources Inc. is pleased to provide an update on exploration programs planned for its three gold, nickel, gold-copper, and specimen crystal prospects in BC. The first two properties, the BC Gold Project and the Lac La Hache Gold Project, are located in the Cariboo District near the historical and currently active mining town of Barkerville in central British Columbia, while the third property, the Pinto [...]

Valorem Resources Inc. confirms that the halt trade order previously issued by the BC Securities Commission on April 30, 2021 expired at the close of business on May 21, 2021. The Company confirms that it will continue to work with the BCSC to assist in its efforts to review the unauthorized third-party claims about the Company's assets. At the request of the BCSC and the Canadian Securities Exchange , the Company is [...]

Valorem Resources Inc. reports that after the close of markets on April 30, 2021, the British Columbia Securities Commission issued a halt trade order on the securities of Valorem until the end of May 21, 2021. In the Order, the BCSC indicates that it has become aware of unsubstantiated information about Valorem posted by a third-party online on or about April 15th and 29th, 2021, and that the information includes [...]

Valorem Resources Inc. is pleased to announce that it has planned a 2021 exploration and fieldwork program on the Black Dog property located in James Bay area, northern Quebec. The 2021 initial exploration work program on the Black Dog property will consist of a ground geophysical survey, surface exploration and rock sampling. Ground geophysical surveys utilizing OreVision?2D and MAG-GPS OreVision?2D, a=25 and n= 1 to 10 [...]

Valorem Resources Inc. Further to the Company's announcement on April 19, 2021 regarding the receipt of exploration permits for its Wing Pond Gold Property, the Company is pleased to report that it will be commencing field exploration work shortly. Initial work will consist of geological mapping, prospecting and a preliminary till-sampling program, commissioned through Overburden Drilling Management of Nepean, Ontario [...]

Valorem Resources Inc. is pleased to announce that Company has received permits to begin exploration work on its Wing Pond Gold Property in the Gander zone of Newfoundland. The scope of the permit provides exploration approval for Ground Geophysics, Geochemical Survey and Prospecting on the Property. The Property is comprised of 280 claim units covering 7000 hectares. The property covers a 1 km long untested gold trend [...]

Valorem Resources Inc. It has come to the Company's attention that we have been the target of false statements being made by the-financialnews.com about the nature of our assets. We understand from an article published by the Globe & Mail earlier today, that the offending website has previously targeted another exploration company with an almost identically worded post about that particular company. Valorem wishes to [...]

Valorem Resources Inc. is pleased to announce that the Company has entered into an acquisition agreement dated January 29, 2021 to acquire the British Columbia project located in the Cariboo District. The BC Property comprises multiple tenure blocks totaling more than 4,000 ha, which strategically target the Transitional or Basalt Siltstone of the Barkerville Terrain. Pursuant to the Agreement, the Company will acquire [...]

Valorem Resources Inc. is pleased to announce that it has closed the first tranche of a non-brokered private placement. Pursuant to the First Tranche, the Company issued 8,889,998 units of the Company at a price of $0.10 per Unit for gross proceeds of $888,999.90. Each Unit consists of one common share of the Company and one transferable share purchase warrant . Each Warrant entitles the holder thereof to purchase one [...]

Valorem Resources Inc. is pleased to announce that it has planned a systematic exploration program to maximize the utilization of existing exploration-trench and other data for the Wings Shear project. This, coupled with new work, will enable Valorem to fill in gaps and quickly evaluate anomalies and structures to generate drill targets. The Company will use a combination of soil sampling and magnetic/VLF-EM geophysical [...]