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ValOre Provides Exploration Update and Reports Initial Trado Auger and Rock Assay Results; Salvador Target, Pedra Branca PGE Project, Brazil;

ValOre Provides Exploration Update and Reports Initial Trado Auger and Rock Assay Results; Salvador Target, Pedra Branca PGE Project, Brazil;

ValOre提供勘探更新和报告初始Trado螺旋钻和岩石化验结果;巴西Pedra Branca PGE项目的Salvador目标;
GlobeNewswire ·  09/11 06:15

VANCOUVER, British Columbia, Sept. 10, 2024 (GLOBE NEWSWIRE) -- ValOre Metals Corp. ("ValOre"; TSXV: VO; OTCQB: KVLQF; Frankfurt: KEQ0, "the Company") today provided an update on the ongoing exploration program for the Salvador target ("Salvador") at ValOre's 100%-owned Pedra Branca Platinum Group Elements ("PGE", "2PGE+Au") Project ("Pedra Branca") in northeastern Brazil.

2024年9月10日,加拿大温哥华(GLOBE NEWSWIRE)--ValOre Metals Corp.("ValOre"; TSX-V: VO; OTCQB: KVLQF; Frankfurt: KEQ0, "the Company")今日为巴西东北部ValOre100%拥有的Pedra Branca铂族元素("PGE","2PGE+Au")项目("Pedra Branca")的Salvador目标("Salvador")进行的持续勘探计划提供了最新进展报告。

"Our ongoing exploration program at the Salvador target has yielded encouraging results, with initial Trado and rock assays, trenching and field mapping all confirming in-situ PGE mineralization and extending the prospective Salvador PGE trend to 2 km in strike length," stated ValOre's VP of Exploration, Thiago Diniz. "Additionally, preliminary ground geophysical data shows consistent magnetic anomalies along strike, which increases our confidence that this program will set the stage for future discoveries and resource expansion drill programs at Salvador."

ValOre的勘探副总裁Thiago Diniz表示:“在Salvador目标的持续勘探计划中,我们获得了令人鼓舞的结果,通过初步的Trado和岩石分析、探沟和野外绘图,确认了原位PGE矿化,并将前景Salvador PGE趋势的长度延伸到2公里。” “此外,初步地面地球物理数据显示,在趋势线上存在一致的磁性异常,这增加了我们对该计划能够为Salvador的未来发现和资源扩展钻探项目奠定基础的信心。”

2024 Salvador Exploration Program Highlights

2024年Salvador勘探计划亮点

Salvador field exploration program is in progress, with Trado auger drilling, rock sampling and trenching confirming continuity of PGE-bearing ultramafic ("UM") rocks along trend to the north of the 2023 drill zone:

Salvador现场勘探计划正在进行中,通过Trado螺旋钻井、岩石取样和探沟,确认了PGE-bearing ultramafic ("UM")岩石在2023年钻孔区域的北部延伸。

  • PGE mineralization reported in 15 of 20 UM-bearing Trado holes;
  • High-grade PGE assay results reported from outcropping chromitite:
    • 11.17 grams per tonne palladium + platinum + gold ("g/t 2PGE+Au") – Sample 103792;
  • Trench mapping and sampling is completed, with 108 samples sent for assay analysis;
  • Ground geophysical survey field work is completed, interpretation ongoing;
  • Additional field mapping, rock sampling, and Trado auger drilling following up on new ultramafic occurrences and preliminary magnetic anomalies in the north extension of the target area continues;
  • Current results and new UM occurrences extend Salvador's PGE-prospective trend to a total of 2 km in strike-length;
  • 20个Trado钻孔中有15个发现PGE矿化;
  • 发现露头铬铁矿高品位PGE化验结果:
    • 每吨11.17克钯+铂金+黄金(“g/t 2PGE+Au”)- 样本103792;
  • 已完成沟槽测绘和取样工作,共发送108个样本进行化验分析;
  • 地面地球物理勘测已完成,解释仍在进行中;
  • 在目标区北部延伸的新超镁铁岩出现和初步磁异常后,继续进行额外的野外地质调查、岩石取样和Trado螺旋钻探;
  • 目前的结果和新的Um出现将Salvador的PGE有望趋势延长到总长度达到2公里;

See Figure 1 for a plan view of the Salvador target, and location of the 2024 exploration work; and Table 1 for a summary of the exploration totals for Trado and trenching programs.

请参阅图1以了解Salvador目标的平面图和2024年勘探工作的位置; 参阅表1以获取Trado和沟槽计划的勘探总结。

Figure 1: Salvador target plan view, with location of the 2024 exploration work activities.

图1:萨尔瓦多目标规划视图,标注了2024年勘探工作活动的位置。

Table 1: Trado and trenching exploration totals to date.

表1:至今为止的土钻和探槽勘探总数。

Target Activity # Holes/Trenches Total Meters UM Length (m) Total
#assays
# Assays
pending
Salvador Trado Auger Drilling 35 101 77 107 21
Salvador Trenching 4 95 51 108 108
目标 活动 #钻孔/探坑 总计米数 长度 (米) 总费用
#化验
# 化验
待定的
Salvador 特拉多螺旋钻进 35 101 107 21
Salvador 筛槽 4 95 51 108 108


Trado
auger drilling


Trado螺旋钻探

Trado auger drilling has intercepted ultramafic rocks in 25 of 35 Trado auger drill holes completed to date (77 m of 101 m drilled in total).

Trado螺旋钻孔至今完成的35个中,在25个探钻孔中穿过了超镁铁质岩石(共完成了10100万中的7700万孔)。

Trado assay results have been received for 20 UM-bearing Trado holes, with PGE mineralization reported in 15 Trado holes.

针对20个涉矿概念的Trado孔,已经收到了Trado试验结果,其中15个Trado孔报告了铂族元素矿化。

Table 2: Trado auger drilling assay highlights:

表2:Trado螺旋钻探化验亮点:

Target Trado hole ID From (m) To (m) Length (m) 2PGE+Au (g/t) Litho 2PGE+Au Interval Summary
Salvador AD24MES29 0.0 2.5 2.5 0.20 Ultramafic 2.5 m @ 0.20 g/t 2PGE+Au
Salvador AD24MES30 0.0 1.6 1.6 0.14 Ultramafic 1.6 m @ 0.14 g/t 2PGE+Au
Salvador AD24MES32 0.0 6.0 6.0 0.27 Ultramafic 6.0 m @ 0.27 g/t 2PGE+Au
Salvador AD24MES33 0.0 4.0 4.0 0.48 Ultramafic 4.0 m @ 0.48 g/t 2PGE+Au
Salvador AD24MES34 0.0 2.0 2.0 0.12 Ultramafic 2.0 m @ 0.12 g/t 2PGE+Au
Salvador AD24MES37 0.0 1.7 1.7 0.99 Ultramafic and
Chromitite
1.7 m @ 0.99 g/t 2PGE+Au
Salvador AD24MES38 0.0 4.0 4.0 0.19 Ultramafic 4.0 m @ 0.19 g/t 2PGE+Au
Salvador AD24MES39 0.0 3.0 3.0 0.12 Ultramafic 3.0 m @ 0.12 g/t 2PGE+Au
Salvador AD24MES40 0.0 4.0 4.0 0.18 Ultramafic 4.0 m @ 0.18 g/t 2PGE+Au
Salvador AD24MES44 1.0 2.5 1.5 0.50 Ultramafic 1.5 m @ 0.50 g/t 2PGE+Au
Salvador AD24MES47 0.0 2.5 2.5 0.14 Ultramafic 2.5 m @ 0.14 g/t 2PGE+Au
Salvador AD24MES48 0.0 1.5 1.5 0.34 Ultramafic 1.5 m @ 0.34 g/t 2PGE+Au
Salvador AD24MES49 0.0 5.0 5.0 0.39 Ultramafic 5.0 m @ 0.39 g/t 2PGE+Au
Salvador AD24MES50 0.0 2.0 2.0 0.29 Ultramafic 2.0 m @ 0.29 g/t 2PGE+Au
Salvador AD24MES51 0.0 1.0 1.0 0.17 Ultramafic 1.0 m @ 0.17 g/t 2PGE+Au
目标 Trado孔编号 从(m) 到(m) 长度(米) 2PGE+Au (g/t) Litho 2PGE+Au Interval Summary
Salvador AD24MES29 0.0 2.5 2.5 0.20 超镁铁质岩 250万 @ 0.20 克/吨 钯铂金+金
Salvador AD24MES30 0.0 1.6 1.6 0.14 超镁铁质岩 160万 @ 0.14 g/t 2PGE+Au
Salvador AD24MES32 0.0 6.0 6.0 0.27 超镁铁质岩 600万 @ 0.27 克/吨 2PGE+Au
Salvador AD24MES33 0.0 4.0 4.0 0.48 超镁铁质岩 400万 @ 0.48 g/t 2PGE+Au
Salvador AD24MES34 0.0 2.0 2.0 0.12 超镁铁质岩 200万 @ 0.12g/t 2PGE+Au
Salvador AD24MES37 0.0 1.7 1.7 0.99 超基性和
铬铁矿
170万 @ 0.99 g/t 2PGE+Au
Salvador AD24MES38 0.0 4.0 4.0 0.19 超镁铁质岩 400万 @ 0.19 g/t 铂族金属+金
Salvador AD24MES39 0.0 3.0 3.0 0.12 超镁铁质岩 300万 @ 0.12 g/t 2PGE+Au
Salvador AD24MES40 0.0 4.0 4.0 0.18 超镁铁质岩 400万 @ 0.18 克/吨 铂族金属+黄金
Salvador AD24MES44 1.0 2.5 1.5 0.50 超镁铁质岩 150万 @ 0.50 g/t 2PGE+Au
Salvador AD24MES47 0.0 2.5 2.5 0.14 超镁铁质岩 250万 @ 0.14 g/t 2PGE+Au
Salvador AD24MES48 0.0 1.5 1.5 0.34 超镁铁质岩 150万 @ 0.34 g/t 2PGE+Au
Salvador AD24MES49 0.0 5.0 5.0 0.39 超镁铁质岩 500万 @ 0.39 克/吨 2PGE+Au
Salvador AD24MES50 0.0 2.0 2.0 0.29 超镁铁质岩 200万 @ 0.29克/吨 2PGE+Au
Salvador AD24MES51 0.0 1.0 1.0 0.17 超镁铁质岩 100万吨 @ 0.17 g/t 2PGE+Au


Trenching


筛槽

Four trenches were excavated, totalling 95 metres ("m") in length, with all four exposing UM and UM-derived rocks, including chromitite layers in the central trenches, TR24MES06 and TR24MES07, to the north along strike from the area of 2023 Salvador drill program. Trench assays are pending.

挖掘了四个沟槽,总长度达95米,其中四个沟槽都暴露了乌姆和乌姆衍生的岩石,包括中央沟槽TR24MES06和TR24MES07中的铬铁矿层,这些沟槽位于2023年萨尔瓦多钻探计划所在地的北部。沟槽化验结果待定。

See Figure 2 for trenching program photos, including chromitite and chromite-rich rocks intercepted in trenches TR24MES06 and 07.

有关沟槽计划的照片请参见图2,其中包括TR24MES06和07沟槽中截获的铬铁矿和富铬岩石。

Figure 2: 2024 Salvador trenching program. Mapping and sampling of trench TR24MES06 (left), and centimetric chromitite layer (CR) within serpentinized ultramafics (UMD) and phlogopite (PHL) (right).

图2:2024年萨尔瓦多沟槽计划。对TR24MES06沟槽的绘制和采样(左),以及赛尔平化超铁镁岩(UMD)和辉石(PHL)中的厘米级铬铁矿层(CR)(右)。

Ground geophysical survey

地面地球物理勘测

50-line kilometres ("km") of ground magnetics and gamma spectrometry data have been acquired, covering the entire strike-length of the Salvador target and its extensions.

已经获取了50线公里的地磁和伽马能谱数据,覆盖了Salvador目标及其延伸区域的整个走向。

A 3D inversion modeling and structural interpretation is in progress.

正在进行三维反演建模和构造解释。

Field mapping and rock sampling

现场测绘和岩石取样。

To date, 25 rock samples have been sent to SGS lab, with assay results received for 6 samples, including high-grade PGE mineralization in two chromitite occurrences located near the 2024 trench TR24MES08, and remaining 4 samples with anomalous PGE grades; Highlights:

迄今为止,已经将25个岩石样品寄往SGS实验室,其中6个样品的分析结果已经得到,包括位于2024测点TR24MES08附近的两个铬铁矿岩体中的高品位PGE矿化,剩下的4个样品具有异常的PGE品位;重点如下:

  • 11.17 g/t 2PGE+Au – Chromitite outcrop, sample 103792;
  • 6.24 g/t 2PGE+Au – Chromitite grab sample 103795.
  • 11.17克/吨2PGE+黄金 - 铬铁矿露头,样品103792;
  • 6.24克/吨2PGE+黄金 - 铬铁矿采样103795。

Quality Assurance/Quality Control ("QA/QC")

质量保证/质量控制("QA / QC")

CLICK HERE for a summary of ValOre's policies and procedures related to QA/QC and grade interval reporting.

CLICk HERE了解ValOre有关QA / QC和等级间隔报告的政策和流程的摘要。

Qualified Person ("QP")

合格人("QP")。

The technical information in this news release has been prepared in accordance with Canadian regulatory requirements set out in NI 43-101 and reviewed and approved by Thiago Diniz, P.Geo., ValOre's QP and Vice President of Exploration.

本新闻稿中的技术信息已按照加拿大法规要求《43-101号NI》制定,并由Thiago Diniz,P.Geo.,ValOre的QP和勘探副总裁审查和批准。

About ValOre Metals Corp.

关于ValOre MetalCorp。

ValOre Metals Corp. (TSXV: VO) is a Canadian company with a team aiming to deploy capital and knowledge on projects which benefit from substantial prior investment by previous owners, existence of high-value mineralization on a large scale, and the possibility of adding tangible value through exploration and innovation.

VO Metals Corp.(TSX‐V:VO)是一家加拿大公司,其团队旨在部署资本和知识,用于之前所有者的大量先前投资受益的项目,具有大规模高价值矿化物和探索和创新增加有形价值的可能性。

ValOre's Pedra Branca Platinum Group Elements Project comprises 45 exploration licenses covering a total area of 51,096 hectares (126,260 acres) in northeastern Brazil. At Pedra Branca, 7 distinct PGE+Au deposit areas host, in aggregate, a 2022 NI 43-101 inferred resource of 2.198 Moz 2PGE+Au contained in 63.6 Mt grading 1.08 g/t 2PGE+Au. ValOre's team believes the Pedra Branca project has significant exploration discovery and resource expansion potential. (CLICK HERE to download 2022 technical report* and CLICK HERE for news release dated March 24, 2022).

ValOre的Pedra Branca铂族元素项目包括45个勘探许可,总面积为51,096公顷(126,260英亩),位于巴西东北部。在Pedra Branca,7个不同的PGE+Au矿区汇集了2022年NI 43-101推断资源,总计2.198百万盎司的2PGE+Au,含量为63.6Mt,品位为1.08g/t的2PGE+Au。ValOre的团队认为Pedra Branca项目具有重要的勘探发现和资源扩展潜力。(单击这里下载2022年技术报告*和 点击此处 2022年3月24日新闻发布

*The 2022 Technical Report is entitled "Independent Technical Report –Mineral Resource Update on the Pedra Branca PGE Project, Ceará State, Brazil" was prepared as a National Instrument 43-101 Technical Report on behalf of ValOre Metals Corp. with an effective date of March 08, 2022. The 2022 Technical Report by Independent qualified persons, Fábio Valério (P.Geo.) and Porfirio Cabaleiro (P.Eng.), of GE21, commissioned to complete the mineral resource estimate while Chris Kaye of Mine and Quarry Engineering Services Inc. (MQes), was commissioned to review the metallurgical information. The Mineral Resource estimates were prepared in accordance with the CIM Standards, and the CIM Guidelines, using geostatistical, plus economic and mining parameters appropriate to the deposit. Mineral Resources, which are not mineral reserves, do not have demonstrated economic viability, and may be materially affected by environmental, permitting, legal, marketing, and other relevant issues. Mineral Resources are based upon a cut-off grade of 0.4 g/t PGE+Au, correlated to Pd_eq grade of 0.35 g/t, and were limited by an economic pit built in Geovia Whittle 4.3 software and following the geometric and economic parameters as disclosed in the 2022 NI 43-101 Technical Report,

*2022年技术报告名称为《独立技术报告——关于巴西Ceara州Pedra Branca PGE项目的矿产资源更新》,是根据43-101国家证券法的技术报告,由ValOre Metals Corp.在2022年3月8日签署的。Independent qualified persons, Fábio Valério (P.Geo.) 和Porfirio Cabaleiro (P.Eng.) 为GE21委托完成矿产资源估计,Chris Kaye为Mine and Quarry Engineering Services Inc. (MQes) 委托审查冶金信息。矿产资源估计符合CIM标准和指南,使用适合矿床的地质统计,经济和采矿参数。矿产资源不是矿物储备,没有经济可行性,并且可能受到环境,许可,法律,营销和其他相关问题的重大影响。矿产资源基于0.4 g/t PGE+Au的切割品位,对应于0.35 g/t的Pd_eq品位,由Geovia Whittle 4.3软件建立的经济矿井进行限制,并遵循2022年NI 43-101技术报告中披露的几何和经济参数

On behalf of the Board of Directors,

代表董事会,

"Jim Paterson"

“Jim Paterson”

James R. Paterson, Chairman and CEO

詹姆斯·R·帕特森,董事长兼首席执行官

ValOre Metals Corp.

ValOre Metals Corp.

For further information about ValOre Metals Corp., or this news release, please visit our website at or contact Investor Relations at 604.646.4527, or by email at contact@valoremetals.com.

关于ValOre Metals Corp.的更多信息,或本新闻发布,请访问我们的网站or联系投资者关系,电话604.646.4527,或发送电子邮件至contact@valoremetals.com。

ValOre Metals Corp. is a proud member of Discovery Group. For more information please visit:

ValOre Metals Corp.是Discovery Group的一员。

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

TSX Venture Exchange及其监管服务提供者(如TSX Venture Exchange的政策所定义的那样)对此发布的充分性或准确性不承担任何责任。

This news release contains "forward-looking statements" within the meaning of applicable securities laws. Although ValOre believes that the expectations reflected in its forward-looking statements are reasonable, such statements have been based on factors and assumptions concerning future events that may prove to be inaccurate. These factors and assumptions are based upon currently available information to ValOre. Such statements are subject to known and unknown risks, uncertainties and other factors that could influence actual results or events and cause actual results or events to differ materially from those stated, anticipated or implied in the forward-looking statements. A number of important factors including those set forth in other public filings could cause actual outcomes and results to differ materially from those expressed in these forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include the future operations of ValOre and economic factors. Readers are cautioned to not place undue reliance on forward-looking statements. The statements in this press release are made as of the date of this release and, except as required by applicable law, ValOre does not undertake any obligation to publicly update or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise. ValOre undertakes no obligation to comment on analyses, expectations or statements made by third parties in respect of ValOre, or its financial or operating results or (as applicable), their securities.

这个新闻发布包含"前瞻性声明",根据适用证券法规定。尽管ValOre认为其前瞻性声明反映了其合理的期望,但这些声明基于可能被证明是不准确的未来事件的因素和假设。这些因素和假设基于ValOre目前可用的信息。这种声明受到已知和未知的风险,不确定性和其他可能影响实际结果或事件的因素的影响,可能导致实际结果或事件明显不同于前瞻性声明中陈述、预期或暗示的情况。包括其他公共文件中列出的内容,若干重要因素可能导致实际结果和结果与这些前瞻性语句中表达的不同。可能导致实际结果明显不同于前瞻性声明的因素包括ValOre的未来运营和经济因素。读者慎重考虑前瞻性声明的投资。本新闻发布的声明是在本发布日期发布的,除法律规定外,ValOre不承担任何公开更新或修正包括在内的任何前瞻性声明,无论是因为新信息,未来事件或其他原因。ValOre不承担任何义务对第三方在ValOre,其财务或经营结果或(如适用)其证券方面所做的分析,期望或声明作出评论。

Photos accompanying this announcement are available at

附带的照片可在以下网址获取


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