ValOre Metals Defines Nickel-Copper Sulfide Mineralization in Salvador Drill Core at Pedra Branca PGE Project

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[{"type":"text","content":" VANCOUVER, British Columbia, Dec. 11, 2023 (GLOBE NEWSWIRE) -- ValOre Metals Corp. (“ValOre”; TSX‐V: VO; OTCQB: KVLQF; Frankfurt: KEQ0, “the Company”) today reports assay results for nickel-copper (“Ni-Cu”) sulfide mineralization from four 2023 core drill holes into the Salvador Target (“Salvador”) at ValOre’s 100%-owned Pedra Branca Platinum Group Elements (“PGE”, “2PGE+Au”) Project (“Pedra Branca”) in northeastern Brazil. Further discovery of Ni-Cu sulfide mineralization at Pedra Branca may establish these metals as credits in future mineral resource estimates. Thiago Diniz, Exploration Manager, stated: “Finding nickel-copper sulfide mineralization in all four analyzed core holes adds significant upside potential for our Salvador discovery and establishes this target as one of the most promising discoveries at Pedra Branca to date. We are also very encouraged that palladium-platinum assays from our soil and Trado® auger programs extend the PGE mineralized trend to 1.5 kilometres in length, although it has only been drill-tested over approximately 400 metres.” Salvador Nickel-Copper Drilling Highlights Assay highlights for nickel and copper released herein, including previously released 2PGE+Au include: 49.6 metres (“m”) at 1.25 g/t 2PGE+Au, 0.26% Ni and 0.13% Cu with mineralization starting from 47.2 m, including 15.8 m at 2.22 g/t 2PGE+Au, 0.38% Ni and 0.18% Cu from 55.2 m in drill hole DD23MES03 (Figure 3); 46.05 m at 1.96 g/t 2PGE+Au, 0.29% Ni and 0.12% Cu from 77.15 m, including 10 m at 5.02 g/t 2PGE+Au, 0.50% Ni and 0.10% Cu from 88.65 m in drill hole DD23MES04. Table 1: Salvador Nickel and Copper sulfide assay highlights. Hole ID From (m) To (m) Length (m)1 2PGE+Au (g/t) Ni (%)2 Cu (%)2 DD23MES01 45.25 89.10 43.85 0.76 0.06 0.02 80.45 86.50 6.05 1.35 0.17 0.04 DD23MES02 64.00 142.95 78.95 0.96 0.03 0.01 64.50 106.00 41.50 1.34 0.02 0.01 DD23MES03 47.15 96.75 49.60 1.25 0.26 0.13 55.20 71.00 15.80 2.22 0.38 0.18 DD23MES04 77.15 123.20 46.05 1.96 0.29 0.12 88.65 98.65 10.00 5.02 0.50 0.10 DD23MES06 56.50 70.00 13.50 0.94 n.a. n.a. 56.50 62.00 5.50 1.39 n.a. n.a. DD23MES07 159.85 170.25 10.40 0.62 n.a. n.a. 166.35 167.10 0.75 3.29 n.a. n.a. DD23MES08 141.20 160.10 18.90 0.73 n.a. n.a. 148.00 152.00 4.00 1.25 n.a. n.a. 1Core assay interval lengths are estimated to represent 80-100% of true width. 2Ni-Cu assay results report...

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