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ValOre Metals PGE Assays from Metallurgical Drilling at Pedra Branca Confirm Historical Drilling Averages in Curiu and Esbarro Zones
VANCOUVER, British Columbia, Oct. 04, 2021 (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, Oct. 04, 2021 (GLOBE NEWSWIRE) -- ValOre Metals Corp. (“ValOre”; TSX‐V: VO; OTC: KVLQF; Frankfurt: KEQ0, “the Company”) today provided an update on metallurgy at ValOre’s 100%-owned Pedra Branca Platinum Group Elements (“PGE”, “2PGE+Au”) Project (“Pedra Branca”) in northeastern Brazil. “We are very encouraged by confirmatory drill core assay results from the Esbarro and Curiu PGE deposits, which returned impressive, high-grade palladium-platinum through broad intercepts from surface,” stated ValOre’s VP of Exploration, Colin Smith. “In addition, we welcome metallurgist Chris Kaye to the ValOre team, whose extensive experience will help accelerate the advancement of the Pedra Branca Project.” Key Updates on Metallurgical Drilling, Testwork and Personnel: Ten HQ-size core drill holes totaling 591 metres (“m”) at the Curiu and Esbarro PGE deposit areas were completed, logged, sampled and assayed prior to planned metallurgical testwork; All 10 drill holes confirmed the historically reported geology and returned high-grade, shallow PGE-mineralized intercepts including: 77 m at 2.95 g/t 2PGE+Au from surface, incl. 45 m at 4.76 g/t 2PGE+Au, 0.1 g/t Rh from 16 m, and 6.4 m at 16.92 g/t 2PGE+Au and 0.52 g/t Rh from 30 m in drill hole DD21ES15C 49 m at 2.03 g/t 2PGE+Au from 19 m, incl. 4.6 m at 11.94 g/t 2PGE+Au, 0.25 g/t Rh from 23.68 m in Drill hole DD21CU12A 77 m at 1.01 g/t 2PGE+Au from surface in drill hole DD21PBE30A 47 m at 1.51 g/t 2PGE+Au from surface in drill hole DD21CU12A; Highly experienced metallurgist, Chris Kaye, has been engaged to oversee the current and future testwork campaigns; Metallurgical testwork program at ALS Metallurgy Kamloops (“ALS”) expected to commence mid-October, with a primary focus on mineralogy and conventional processing circuits; Composite samples have been selected and shipped. *Reported core assay interval lengths are estimated to represent 95-100% true width 2021 Metallurgical Drill Program Ten HQ-size core drill holes (totaling 591 m) were completed to provide PGE mineralized material for planned metallurgical testwork. Six holes (378 m) were drilled into the Esbarro deposit (394,000 ounces 2PGE+Au contained in an inferred resource of 9.9 million tonnes (“Mt”) grading 1.23 g/t 2PGE+Au), and four holes (213 m) were drilled into the Curiu deposit (1.6 Mt grading 1.93 g...