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ValOre Appoints Engineering Company Lycopodium to Advance Pedra Branca PEA Study
VANCOUVER, British Columbia, Dec. 22, 2025 (GLOBE NEWSWIRE) -- ValOre Metals Corp. (“ValO...
About this update from Valore Metals Corp.
[{"type":"text","content":"ValOre Appoints Engineering Company Lycopodium to Advance Pedra Branca PEA Study\nVANCOUVER, British Columbia, Dec. 22, 2025 (GLOBE NEWSWIRE) -- ValOre Metals Corp. (“ValOre” or “the Company”; TSX-V: VO, OTCQB: KVLQF, Frankfurt: KEQ0) today announced the appointment of engineering company LYCOPODIUM MARINE & MODULAR PTY LTD as lead process engineering consultant, in support of a future Preliminary Economic Assessment (“PEA”) study for ValOre’s 100%-owned Pedra Branca Platinum Group Elements (“PGE”, “2PGE+Au”) Project (“Pedra Branca”) in northeastern Brazil. Lycopodium will provide process engineering and study support services to advance Pedra Branca toward a PEA conforming to the Standards of Disclosure for Minerals Projects, as per National Instrument 43-101 (“NI 43-101”). Their work will focus on defining, evaluating, and modelling process flowsheet options informed by ValOre’s extensive historical and ongoing metallurgical testwork programs. The scope of this work includes: Input and recommendation on process route selection;Preparation of PEA-level process engineering inputs, including: Process flowsheet development and mass, water and energy balances;Major mechanical equipment selection and sizing;Capital and operating cost estimates;Process description and high-level control philosophy. Nick Smart, ValOre’s CEO, stated: “The addition of Lycopodium’s very competent team, their considerable worldwide experience, and demonstrated track record in the development and delivery of minerals projects, strengthens ValOre’s pathway and gives us confidence for the successful development of the Pedra Branca PGE project. We are very excited for the ultimate delivery of the Pedra Branca PEA at a time of continued strong demand for new sources of Platinum Group Element supply globally.” The work for ValOre will be led from and delivered by Lycopodium’s Cape Town office, located near to the University of Cape Town, where concurrent metallurgical testwork is being carried out on the Pedra Branca ore. About Lycopodium Lycopodium has a demonstrated track record for developing and delivering value-optimised, fit-for-purpose process plants, delivered on budget and to schedule. Consid...