Business
Valorem Resources Announces Appointment of New CEO Mr. Colin Porter
Vancouver, British Columbia--(Newsfile Corp. - April 6, 2023) - VALOREM RESOURCES INC. (CSE: VALU) (FSE: X37) (the "Company") is pleased to announce that, effec
About this update from Avanti Gold Corp
[{"type":"text","content":" Vancouver, British Columbia--(Newsfile Corp. - April 6, 2023) - VALOREM RESOURCES INC. (CSE: VALU) (FSE: X37) (the \"Company\") is pleased to announce that, effective as of May, 1 2023, Mr. Colin Porter has been appointed as chief executive officer of the Company. Colin Porter Colin Porter is a geologist with over 25 years' experience in exploration, project management and applied structural geology across Africa. Mr. Porter's expertise spans a wide range of gold mineralization systems including Archaean, Proterozoic and Pan-African orogenic deposits, and districts of Africa. Previous roles include Structural Geologist for Anglogold Ashanti, Africa Region with extensive experience in the Birimian craton of West Africa, which included planning and implementation of deposit scale and brownfields exploration at several of Africa's largest mines including (Obuasi, Geita, Sadiola, Morila, Siguiri). Mr. Porter is also well experienced in target generation, design, and implementation of exploration programmes at numerous African gold projects including Banfora, (Burkina Fas, Salman/Anwia (Ghana) and Konongo, Ghana. Mr. Porter was the head of exploration and managed all exploration activities at the Zani-Kodo gold project in NE DR Congo, from instigation to definition of a 3Moz resource. Mr. Porter holds a BSc (Hons) in geology from Queen's University Belfast, a PhD in geology from University of Southampton and is a member of the Australian Institute of Mining and Metallurgy. About Valorem Resources Inc. Valorem Resources is a mineral exploration company working on a Tier-1 gold opportunity in the Democratic Republic of the Congo (\"DRC\"), located in the Fizi territory of South Kivu province, in the DRC. The Misisi Gold Project (or the \"Project\") has a contained Inferred Mineral Resource of 3 million ounces of gold as reported in the Company's National Instrument 43-101 technical report on the Misisi Gold Project (the \"Technical Report\"). The Project is located 250 kilometres south of Bukavu, the provincial capital of the South Kivu Province, in the DRC. The Project is comprised of three contiguous 30-year mining leases, valid until 2045, covering 133 square kilometres of prospective exploration ground along the 55-kilometre-long Kibara Gold Belt. The Kibara Belt is a well-known metallogenic province and hosts a number of other de...