Advancement Of Pipeline Targets At Pedra Branca Project

VANCOUVER - ValOre Metals Corp. the Synform target at its Pedra Branca Platinum Group Elements (PGE, 2PGE+Au) Project in northeastern Brazil.

“ValOre’s exploration team continues to advance the pipeline targets at the Pedra Branca Project through targeted geochemical sampling, and subsequent Trado® augering and trenching,” stated VP of Exploration, Colin Smith. “ValOre’s methodology has advanced four priority targets to a drill-ready stage: Galante, Tróia, Nambi and Ipueiras. Exploration is ongoing at several additional targets along the prospective mafic-ultramafic Troia Unit, including Synform, an extension to Massape, Pitombeiras and Talhado, with partial assays reported herein.”

A total of 1,049 soil samples and 195 rock samples have been collected to date in 2023, the results of which have guided follow-up Trado® augering and trenching programs. ValOre crews have completed 268 meters of Trado® augering in 67 holes, with 207 meters of ultramafics intercepted and 284 samples submitted for assay. Trenching totals include 219 meters excavated in 2 trenches, with 183 meters of ultramafics exposed and 219 samples submitted for assay.