ValOre Metals corp

[Joske]

Valore wordt ontdekt vandaag!! en rodium ontploft verder dus Valore volgt!!

Mijn 10.000 stuks terug gekocht aan 0.31. Die ik een tijd geleden had verkocht aan 0.25 (ik zat er al in sinds 2012).
Hopelijk moeten we nu niet lang meer wachten op een verdere stijging.

[kopke1]

ValOre Drills Shallow PGE Mineralization at Santo Amaro Target, Pedra Branca:
14.65 metres of 1.29 g/t 2PGE+Au from surface and 11.81 metres of 0.91 g/t 2PGE + Au from surface
Vancouver, B.C. ValOre Metals Corp. (“ValOre”; TSX‐V: VO; OTC: KVLQF; Frankfurt: KEQ0, “the Company”) today announced assay results for Santo Amaro zone drilling at ValOre’s 100%-owned Pedra Branca Platinum Group Element (“PGE”) Project in northeastern Brazil. Near surface PGE mineralization was intersected in eleven of the twelve core drill holes that intersected the ultramafic (“UM”) intrusion associated with the Santo Amaro NI 43-101 Inferred Resource. This drilling successfully extended near-surface PGE-mineralization along strike to the east and west, which remains open in both directions. In addition, a new, near-surface PGE-bearing zone was drilled 250 metres to the north-northwest of the Santo Amaro resource area.
“This phase of drilling at Santo Amaro was very successful. We intersected PGE mineralization at shallow depths in multiple zones, including an area 250 metres to the north-northwest of the known Santo Amaro resource,” stated ValOre’s Chairman and CEO, Jim Paterson. “Our exploration team identified several previously unmapped ultramafic rock units which extend well beyond the currently defined resource area boundaries. A mapping, soil and rock sampling, and prospecting program is underway in this area, with follow-up drilling planned as soon as practical.”
Highlights from Santo Amaro Drilling:
• Shallow PGE mineralization intersected in eleven of twelve 2020 drill holes;
• PGE mineralization drilled along-strike to the west of the Santo Amaro resource area in:
o Drill Hole DD20SA23 - 14.65 metres (“m”) grading 1.29 grams per tonne (“g/t”) palladium + platinum + gold (“2PGE+Au”) from surface;
• PGE mineralization drilled along-strike to the east of the Santo Amaro resource area in:
o Drill Hole DD20SA18 - 34.91 m grading 0.61 g/t 2PGE+Au from 16.50 m;
• An emerging near-surface PGE zone drilled 250 m north-northwest of the Santo Amaro resource area in:
o Drill Hole DD20SA16 - 4.00 m grading 3.10 g/t 2PGE+Au from 67.00 m, including 1.30 m grading 7.95 g/t 2PGE+Au from 67.00 m
o Drill hole DD20SA22 - 11.81 m grading 0.91 g/t 2PGE+Au from surface.
Santo Amaro Target Area and the 2019 NI 43-101 Resource
Santo Amaro is one of five defined PGE deposit areas at Pedra Branca that together host an inferred resource totaling 1,067,000 ounces (“oz”) 2PGE+Au contained in 27.2 million tonnes (“Mt”) grading 1.22 g/t 2PGE+Au; CLICK HERE for the Pedra Branca NI 43-101 Technical Report. PGE mineralization for all five of the resource deposit areas outcrops at surface, giving these inferred resources a reasonable expectation of eventual economic extraction via open pit methods. CLICK HERE for Figure 1A and 1B, showing the location of the five Pedra Branca PGE resource areas and a detailed view of Santo Amaro.
The 2019 Santo Amaro resource totals 203,000 oz 2PGE+Au contained in 5.3 Mt grading 1.19 g/t and represents the most underexplored deposit area at Pedra Branca. Extensive historical PGE-in-soils anomalies, magnetic targets, and newly mapped, untested UM belts make Santo Amaro a compelling resource expansion and PGE discovery region. Geological field mapping preceding the 2020 drill program identified several previously unmapped, prospective ultramafic belts which extend well beyond the area hosting the defined resource. A follow-up mapping, soil sampling, rock sampling, and prospecting program is on-going.
Santo Amaro 2020 Drill Results
During 2020, a total of 1,366 m were drilled in twelve core holes at Santo Amaro. PGE mineralization in the UM intrusion that hosts the Santo Amaro resource was extended along strike to the east and west as shown by at- to near-surface PGE drill intercepts. This zone remains open in both directions. In addition, an emerging shallow PGE body was drilled approximately 250 m north-northwest of the resource area. Table 1 summarizes highlight intervals from 2020 Santo Amaro drilling.
Table 1: Summary of Significant Core Assay Results from 2020 Santo Amaro Drilling:
Hole ID Depth From
(m) Depth To (m) Interval
(m) 2PGE+Au
(g/t) Interval Summary*
DD20SA13 16.00 40.65 24.65 0.28 24.65m grading 0.28 g/t 2PGE+Au from 16.00m
incl. 15.65m grading 0.35 g/t 2PGE+Au from 25.00m
25.00 40.65 15.65 0.35
DD20SA14 5.60 8.36 2.76 0.40 2.76m grading 0.40 g/t 2PGE+Au from 5.60m
DD20SA15 72.88 77.05 4.17 0.43 4.17m grading 0.43 g/t 2PGE+Au from 72.88m
and 2.00m grading 0.31 g/t 2PGE+Au from 113.00m
113.00 115.00 2.00 0.31
DD20SA16 8.95 12.65 3.70 0.32 3.70m grading 0.32 g/t 2PGE+Au from 8.95m
and 4.00m grading 3.10 g/t 2PGE+Au from 67.00m
incl. 1.30m grading 7.95 g/t 2PGE+Au from 67.00m
67.00 71.00 4.00 3.10
67.00 68.30 1.30 7.95
DD20SA18 16.50 51.41 34.91 0.61 34.91m grading 0.61 g/t 2PGE+Au from 16.50m
incl. 3.51m grading 1.88 g/t 2PGE+Au from 37.49m
and 3.51m grading 2.21 g/t 2PGE+Au from 66.19m
and 5.00m grading 0.97 g/t 2PGE+Au from 108.00m
incl. 1.00m grading 3.84 g/t 2PGE+Au from 110.00m
37.49 41.00 3.51 1.88
66.19 69.70 3.51 2.21
108.00 113.00 5.00 0.97
110.00 111.00 1.00 3.84
DD20SA19 33.60 37.90 4.30 0.45 4.30m grading 0.45 g/t 2PGE+Au from 33.60m
DD20SA20 1.00 20.45 19.45 0.20 19.45m grading 0.20 g/t 2PGE+Au from 1.00m
DD20SA22 0.00 11.81 11.81 0.91 11.81m grading 0.91 g/t 2PGE+Au from 0.00m
and 4.93m grading 0.32 g/t 2PGE+Au from 106.45m
106.45 111.38 4.93 0.32
DD20SA23 0.00 20.00 20.00 0.98 20.00m grading 0.90 g/t 2PGE+Au from 0.00
14.65m grading 1.29 g/t 2PGE+Au from 0.00
1.10 7.00 5.90 1.79
DD20SA24 49.00 54.61 5.61 0.28 5.61m grading 0.28 g/t 2PGE+Au from 49.00m
* Reported assay intervals are estimated to be 90-100% true width
Drill hole DD20SA23
Drill hole DD20SA23 stepped out 70 m to the west and along strike from the western-most resource hole at Santo Amaro. The target UM intrusion was intersected from surface to 14.65 m depth, characterized by weathered chromite-bearing peridotites and dunites. The drill hole returned an assay highlight of 14.65 m grading 1.29 g/t 2PGE+Au from surface. Mineralization remains open along strike to the west.
Drill hole DD20SA18
Drill hole DD20SA18 stepped out 40 m to the east and along strike from the eastern-most resource hole at Santo Amaro. The target UM intrusion was first intersected from 16.50 m to 51.70 m, with local metre-scale intercalated intervals of amphibolite and gneiss. A second package of PGE-bearing intrusion was intercepted from 100.50 m to 133.60 m depth. Variably weathered peridotites, dunites and local UM schists dominated the target sequence. The drill hole returned an assay highlight of 34.91 m grading 0.61 g/t 2PGE+Au from 16.50 m. Mineralization remains open in all directions.
Drill hole DD20SA16
Drill hole DD20SA16 was collared approximately 250 m north-northwest of the resource area and stepped 80 m to the east-northeast and down-dip of historical drill hole DD02SA04, which produced a historical drill core intercept of 10.30 m grading 1.10 g/t 2PGE+Au from 43.30 m depth.
DD20SA16 drilled into three packages of ultramafic rocks, collectively totaling 60.83 m in thickness. The thickest UM sequence was intersected from 50.00 m to 92.18 m (42.18 m in thickness), dominated by variably weathered peridotites and dunites, with local metre-scale serpentinites and phlogopite schists. A 0.30-metre-thick chromitite reef was intercepted at 67.20 metres depth and produced a peak assay of 11.49 g/t 2PGE+Au. The drill hole retuned an assay highlight of 4.00 m grading 3.10 g/t 2PGE+Au from 67.00 m, including 1.30 m grading 7.95 g/t 2PGE+Au from 67.00 m. Mineralization remains open in all directions.
Drill hole DD20SA22
Drill hole DD20SA22 stepped out 55 m to the southeast and along strike from DD20SA16. The target UM intrusion was intersected from surface to 18.65 m depth, characterized by weathered chromite-bearing peridotites and dunites. The drill hole returned an assay highlight of 11.81 m grading 0.91 g/t 2PGE+Au from surface. Mineralization remains open in all directions.

[kopke1]

Vancouver, B.C. ValOre Metals Corp. (“ValOre”; TSX‐V: VO; OTC: KVLQF; Frankfurt: KEQ0, “the Company”) today announced the commencement of a follow-up rhodium (“Rh”) assay program of historical drill core samples (“pulps”, “pulverized rejects”, “coarse rejects”) from ValOre’s 100%-owned Pedra Branca Platinum Group Element (“PGE”) Project in northeastern Brazil.
“Since ValOre acquired the Pedra Branca PGE project in August 2019, the spot price of rhodium has risen from <US$3,700 per ounce to a price of >US$16,000 per ounce today,” stated ValOre’s Chairman and CEO, Jim Paterson. “Based on the encouraging initial results from 71 samples previously released in 2020, we have commenced a much larger rhodium re-assaying program, including all samples grading >2.0 g/t 2PGE+Au from historical drill core intercepts of the Esbarro and Curiu deposits.”
Rhodium Assay Program Highlights:
• ValOre initially assessed rhodium mineralization at Pedra Branca through the re-assaying of 71 historical drill core pulps (see Rh results presented in ValOre news releases dated March 12 and November 19, 2020);
• Rh values considered anomalous were returned in 55% of all submitted pulps (71 total), with a high value of 1.44 g/t Rh and an average grade of 0.27 g/t Rh;
• Strong positive correlation between 2PGE+Au grade and Rh grade is observed, with the number of Rh values considered anomalous increasing to 74% of pulps >5.0 g/t 2PGE+Au;
• ValOre’s team now increasing the sample set size with a focus on the available historical drill core samples from the Esbarro and Curiu deposits >2.0 g/t 2PGE+Au;
• Mineralization at Esbarro and Curiu is shallow in nature, with the average Rh-bearing sample starting at 29 metres (“m”) depth;
• 212 follow-up historical samples (pulps, pulverized rejects and coarse rejects) have been submitted for Rh assay to SGS Geosol, Minas Gerais, Brazil.
ValOre has commenced a follow-up Rh assaying campaign of all available historical drill core samples (pulps, rejects and coarse rejects) grading >2.0 g/t 2PGE+Au from the Esbarro and Curiu PGE deposits at Pedra Branca. This follow-up campaign is based on strong Rh assay results from the two previous Rh programs conducted by ValOre in 2020 (see news releases dated March 12 and November 19, 2020). These programs returned Rh values in 74% of samples grading >5.0 g/t 2PGE+Au, and 55% of all submitted samples (71 total). A strong positive correlation between 2PGE+Au grade and Rh grade has been identified, and much like Pedra Branca’s 2PGE+Au mineralization, the Rh-bearing samples are situated near-surface with an average sample interval depth starting at 29 m.
212 follow-up samples (pulps, pulverized rejects and coarse rejects) from the Esbarro and Curiu PGE deposits have been submitted for rhodium assay at SGS Geosol, Minas Gerais, Brazil. ValOre will continue to bolster its Rh assay database pending continuing positive results. This will include the consideration of additional Rh assay submissions from the Trapia (6.2 Mt with a grade of 1.11 g/t 2PGE+Au totaling 219,000 ounces) and Cedro (4.2 Mt with a grade of 1.10 g/t 2PGE+Au totaling 151,000 ounces) PGE deposits.
The Esbarro deposit hosts a resource of 9.9 Mt at a grade of 1.23 g/t 2PGE+Au totaling 394,000 ounces, and the Curiu deposit hosts a resource of 1.6 Mt with a grade of 1.93 g/t 2PGE+Au totaling 100,000 ounces (CLICK HERE for a summary table of ValOre’s 2019 NI 43-101 Pedra Branca resource estimate). CLICK HERE for Table 1, showing a summary of ValOre’s 2020 rhodium assay results.
About Rhodium
Rhodium is the rarest of the platinum group elements, only occurring up to one part per 200 million in the Earth's crust. The main use for rhodium is in catalytic converters designed to clean vehicle emissions. Due to its brilliance and resistance to oxidation, it is also used as a finish for jewelry, LCD monitors, and mirrors. In the chemical industry it is used in the production of nitric acid, acetic acid and hydrogenation reactions. Rhodium is found in platinum and nickel ores together with the other PGEs. South Africa is the world’s largest producer of rhodium (~80%), followed by Russia (~10%), Zimbabwe (~5%), Canada (~2%) and the U.S.A. (~2%). The global average resource/reserve grade is 0.281 g/t Rh, with the lowest reported resource/reserve grade of 0.010 g/t Rh (Canadian project) and the highest reported resource/reserve grade of 0.381 g/t Rh (South African project) (source: S&P Global).

[kopke1]

ValOre Announces $3.6 Million Private Placement
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.
Vancouver, British Columbia -- January 29, 2021 -- ValOre Metals Corp. ("ValOre" or the “Company”) (TSX Venture Exchange: VO) today announced the intent to complete a non-brokered private placement (the "Offering") of up to 12,000,000 units (the "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 (a “Share”) and one-half of one non-transferable common share purchase warrant (each whole common share purchase warrant, a “Warrant”). Each whole Warrant will be exercisable to acquire one Share at an exercise price of CDN$0.45 per Share for a period of 24 months from the date of issuance.
Certain insiders of the Company may acquire Units in the Offering. Any participation by insiders in the Private Placement would constitute a "related party transaction" as defined under Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions (“MI 61-101”).
However, the Company expects such participation would be exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 as the fair market value of the Units subscribed for by the insiders, nor the consideration for the Units paid by such insiders, would exceed 25% of the Company's market capitalization.
ValOre intends to use the net proceeds of the Offering to conduct mineral exploration at ValOre’s projects in Canada and ValOre’s 100% owned Pedra Branca Platinum Group Element (“PGE”) project in Brazil, in addition to general working capital purposes.
The Company may pay finder’s fees on a portion of the Offering, subject to compliance with the policies of the TSX Venture Exchange and applicable securities legislation.
Closing of the Offering is subject to approval of the TSX Venture Exchange.
The securities issued under the Offering, and any Shares that may be issuable on exercise of any such securities, will be subject to a statutory hold period expiring four months and one day from the date of issuance of such securities

[Joske]

De koers was even vandaag 0.45 ( +40 percent ).
Op dit ogenblik blijft er nog 20% over.
En hoog volume.

[kopke1]

ValOre Reports Recoveries of 82.9% for Platinum, 71% for Palladium and 85.2% for Gold
Metallurgical testwork results for locked cycle flotation test of Curiu PGE Deposit sample
Vancouver, B.C. ValOre Metals Corp. (“ValOre”; TSX‐V: VO; OTC: KVLQF; Frankfurt: KEQ0, “the Company”) today provided an update on a metallurgical testwork program for ValOre’s 100%-owned Pedra Branca Platinum Group Elements (“PGE”, “2PGE+Au”) Project (“Pedra Branca”) 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 material,” stated ValOre’s VP of Exploration, Colin Smith. “Once both fresh and weathered material flowsheets are established for Curiu, we will continue metallurgical testwork for our other Pedra Branca PGE deposits defined in ValOre’s 2022 resource re-estimation, which is expected this month.”
Highlights of the Metallurgical Testwork:
• Recoveries of 82.9% for platinum (Pt), 71% for palladium (Pd) and 85.2% for gold (Au) were achieved by the first locked cycle flotation test on a fresh, unweathered 30-kilogram (“kg”) sample composited from Curiu PGE deposit drill core;
• This locked cycle flotation test produced a concentrate grading 78.4 grams per tonne g/t 2PGE+Au;
• Based on the information available to date, no deleterious element thresholds were exceeded, and a detailed elemental analysis on the concentrate is underway.

[kopke1]

Dit zou wel eens een behoorlijke meerwaarde naar boven kunnen brengen.
Vancouver, B.C. ValOre Metals Corp. (“ValOre”; TSX‐V: VO; OTC: KVLQF; Frankfurt: KEQ0, “the Company”) today initiated a process to evaluate potential strategic alternatives (the “Strategic Review”) to maximize the value of the Company’s primary project holdings, including ValOre’s 100% owned Angilak Property Uranium Project (“Angilak”), located in Nunavut Territory, Canada, and the 100%-owned Pedra Branca Platinum Group Elements (“PGE”, “2PGE+Au”) Project (“Pedra Branca”) in northeastern Brazil.
ValOre’s board of directors has formed a special committee to lead the Strategic Review and has engaged Canaccord Genuity Corp. as ValOre's exclusive financial advisor to evaluate a range of alternatives, which could include the sale of part or all of the Company or its assets; a merger or other business combination with another party; the forming of a separate company to hold Pedra Branca or other strategic initiatives.

[kopke1]

ValOre’s Second Core Rig Commences Drilling, with First Drill Intercepting Multiple Zones of Shallow Radioactivity at Dipole Uranium Target, Angilak Property

ValOre’s Second Core Rig Commences Drilling, with First Drill Intercepting Multiple Zones of Shallow Radioactivity at Dipole Uranium Target, Angilak Property Vancouver, B.C.
ValOre Metals Corp. (“ValOre”; TSX‐V: VO; OTC: KVLQF; Frankfurt: KEQ0, “the Company”) today provided an update on the 4,500 metre (“m”) core program at ValOre’s 100% owned 59,483-hectare Angilak Property Uranium Project (“Angilak”), located in Nunavut Territory, Canada.
“Two diamond drill rigs are now drilling at Dipole as part of a 4,500-metre program to test the Dipole and J4 West uranium targets,” stated ValOre’s VP of Exploration, Colin Smith. “The first rig has intercepted multiple shallow zones of strong radioactivity, including 12,000 CPS at 56 m vertical depth, and 9,361 CPS at 98 m vertical depth in drill hole 22-DP-002.”
Highlights of First Two 2022 Core Holes:
• Drill hole 22-DP-001: intersected a near-surface zone of radioactivity (4,000 counts per second (“CPS”) from 49.82 to 50.20 m) but was subsequently lost at 78 m hole depth. The hole terminated above the anticipated depth of the lower zone;
• Drill hole 22-DP-002: drilled to target depth of 178 m from the same pad (tilted to a -75° dip from a -70°), and intersected 6 zones of radioactivity, including highlights of:
o 12,000 CPS from 57.80 to 58.11 m
o 9,361 CPS from 102.20 to 102.41 m;
• Zones of radioactivity correlate well with mineralized intercepts in the up-dip 2022 Reverse Circulation (“RC”) drill holes and are characterized by intensely hematized and brecciated graphitic tuffs, hosted within a broader package of foliated basalt.
*Reported core interval lengths are estimated to represent 70% true width

[kopke1]

Valore : een dubbelloop potentieel - webbinar
https://valoremetals.com/news-media/med ... ust-2-2022