ValOre Metals Corp. continues exploration at Salvador Target in Brazil, showing high-grade PGE potential

From Barchart: 2024-07-17 16:15:00

ValOre Metals Corp. has recommenced exploration work at the Salvador Target in northeastern Brazil. Recent drilling confirms high-grade PGE mineralization with potential for growth along strike and at depth. Trado® auger drilling is testing a 600m PGE-mineralized trend, with 200m of trenches planned for August. Salvador remains open for further exploration. The 2023 diamond drill program at Salvador tested 400m of ultramafic mineralization, intersecting PGE mineralization in 7 of 8 drill holes. Significant thickness and continuity at depth were observed, highlighting Salvador as a high-priority target with extensive potential along strike and at depth. Core assay results from 2023 show promising PGE+Au grades. The Pedra Branca Platinum Group Elements Project, owned by ValOre Metals Corp., covers 51,096 hectares in Brazil, hosting seven PGE+Au deposit areas. The project boasts a substantial inferred resource of 2.198 Moz 2PGE+Au contained in 63.6 Mt grading 1.08 g/t 2PGE+Au. ValOre’s team sees significant exploration potential at Pedra Branca. ValOre Metals Corp. aims to benefit from previous owners’ investments and high-value mineralization on a large scale by deploying capital on projects with value-adding potential through exploration and innovation. The company’s Pedra Branca project in Brazil is a key focus area with extensive PGE+Au deposit areas. ValOre’s team has high hopes for exploration success and resource expansion at Pedra Branca.



Read more at Barchart: ValOre Continues Trado® Drill and Trenching Exploration