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ValOre Metals Accelerates Regional Trado® Exploration; Trado® interval assays 16 m at 1.22 g/t 2PGE+Au from surface at Trapia South
VANCOUVER, British Columbia, Jan. 31, 2022 (GLOBE NEWSWIRE) -- ValOre Metals Corp. (“ValOre”; TSX‐V: VO; OTC: KVLQF; Frankfurt: KEQ0, “the Company”) today provi
About this update from Valore Metals Corp.
[{"type":"text","content":" VANCOUVER, British Columbia, Jan. 31, 2022 (GLOBE NEWSWIRE) -- ValOre Metals Corp. (“ValOre”; TSX‐V: VO; OTC: KVLQF; Frankfurt: KEQ0, “the Company”) today provided an update from ValOre’s 100%-owned Pedra Branca Platinum Group Element (“PGE”, “2PGE+Au”) Project (“Pedra Branca”) in northeastern Brazil, where exploration employing the Trado® auger has identified multiple zones of near surface mineralization. “While commonly used throughout Brazil, ValOre was the first company to use the Trado® auger for exploration at Pedra Branca. This cost-effective and highly portable tool led us to multiple subsequent drilling discoveries and played an important preliminary role in the successful resource expansion drilling in 2021,” stated ValOre’s VP of Exploration, Colin Smith. “The Trado® collects metre-by-metre samples of overburden for geochemical assay and drills into the tops of weathered bedrock, giving a real-time viewpoint into geology under cover. Given the continued success of the tool, ValOre has purchased a second auger unit to accelerate property-wide exploration.” Trado® Auger Exploration Highlights 235 auger holes totaling 818.3 metres (“m”) have tested 9 property-wide targets to date, intercepting 430.5 m of target ultramafic (“UM”) rocks under cover, with 863 samples submitted for assay; Trado® end of hole (“EOH”) depths typically represent that the auger has entered impenetrable unweathered to less weathered bedrock, so it is typical that mineralization and UMs remain fully open at depth and require follow-up core or Reverse Circulation (“RC”) drilling; Auger assay highlights include: 16 m grading 1.22 g/t 2PGE+Au from surface (new result from Trapia South target) 12 m grading 1.73 g/t 2PGE+Au from surface (led to drilling discovery at Esbarro NW target) 9.0 m grading 2.09 g/t 2PGE+Au from surface (led to drilling discovery at Esbarro NW target) 10 m grading 1.64 g/t 2PGE+Au from surface (led to drilling discovery at Santo Amaro South target; A second Trado® auger has been purchased to be deployed in early February. Trado® Auger Exploration at Pedra Branca The Trado® auger has become a cornerstone exploration tool at Pedra Branca, serving to rapidly advance the district-wide target pipeline, and leading to multiple successful drill campaigns in 2021. Systematic Trado® auger fences on 40-60 m hole spacings effectively dema...