Valorem Resources Inc. is pleased to announce that further to its news release dated December 17, 2020, it has entered into and closed a definitive mineral property option agreement dated January 4, 2021 with WBN Prospecting Group, an arm’s length party to acquire a 100% interest in the Wing Shear property located in Newfoundland. The terms of the Option Agreement call for cash payments of $45,000 within five days [...]
Valorem Resources Inc. is pleased to announce that it has signed a non-binding Letter of Intent to acquire a 100% interest in the Wing Shear Zone property located in central Newfoundland, Canada and it is arranging a non-brokered private placement of securities. The term of the LOI call for cash payments of $45,000 on signing, $3,000,000 work commitments over 3 years and the issuance of 4.5 million shares of the Company [...]
Valorem Resources Inc. is pleased to announce that it has completed a Technical Report, in accordance with National Instrument 43-101, for the Black Dog Lake Property and has filed on SEDAR. The Technical Report was prepared by Darren L. Smith, M.Sc., P.Geo., of Dahrouge Geological Consulting Ltd., and titled “Technical Report on the Black Dog Lake Property, Canada”, effective date December 8th, 2020. The Company has an [...]
Valorem Resources Inc. is pleased to announce commencement of data compilation and exploration program planning for the Black Dog Lake Gold Property located in the James Bay Region of Quebec. Valorem is currently compiling available data from government, industry, and academic sources to define and rank the highest-priority target areas where future field work will be focused. Immediately following the detailed data [...]
JDF Explorations is pleased to announce that it has signed an asset purchase agreement for 32 lode mining claims Comprising the East Cortez Gold project, in Eureka County. The claims cover approximately 256 hectares in Eureka County, and are listed as active on the Bureau of Land Management (BLM) website (LR2000) and owned by Genesis Gold Corp of Park City Utah. The Vendor reports that the project is located approximately [...]
JDF Explorations Inc. is pleased to announce that it has signed a non-binding LOI with Talent Metals Mineração Ltda, a privately held Brazilian Corporation, to acquire an option to purchase up to a 100% undivided interest in and to the Option Property known as Gold Hills. The property straddles the border between Pernambuco and Paraíba states, northeastern Brazil and is comprised of four contiguous concessions totaling [...]
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