ValOre Metals Reports Recoveries of 82.9% for Platinum, 71% for Palladium and 85.2% for Gold

About this update from Valore Metals Corp.

[{"type":"text","content":" Metallurgical testwork results for locked cycle flotation test of Curiu PGE Deposit sample VANCOUVER, British Columbia, March 14, 2022 (GLOBE NEWSWIRE) -- ValOre Metals Corp. (“ValOre”; TSX‐V: VO; OTC: KVLQF; Frankfurt: KEQ0, “the Company”) today provided an update on a metallurgical testwork program for ValOre’s 100%-owned Pedra Branca Platinum Group Elements (“PGE”, “2PGE+Au”) Project (“Pedra Branca”) in northeastern Brazil. “We are very encouraged by our first locked cycle flotation test that gave recoveries of 82.9% for platinum, 71% for palladium and 85.2% for gold on an unweathered sample from the Curiu PGE deposit, and have now started testwork on weathered Curiu material,” stated ValOre’s VP of Exploration, Colin Smith. “Once both fresh and weathered material flowsheets are established for Curiu, we will continue metallurgical testwork for our other Pedra Branca PGE deposits defined in ValOre’s 2022 resource re-estimation, which is expected this month.” Highlights of the Metallurgical Testwork: Recoveries of 82.9% for platinum (Pt), 71% for palladium (Pd) and 85.2% for gold (Au) were achieved by the first locked cycle flotation test on a fresh, unweathered 30-kilogram (“kg”) sample composited from Curiu PGE deposit drill core; This locked cycle flotation test produced a concentrate grading 78.4 grams per tonne g/t 2PGE+Au; Based on the information available to date, no deleterious element thresholds were exceeded, and a detailed elemental analysis on the concentrate is underway. 2022 Locked Cycled Flotation Test One locked cycle flotation test was completed by ALS Metallurgy Kamloops (“ALS”) on a composite sample of fresh, unweathered Curiu PGE deposit dill core, following the completion of 22 rounds of recent flotation testwork to optimize flowsheet design. Recoveries of 82.9% for Pt, 71% for Pd and 85.2% for Au were achieved, resulting in a final concentrate grade of 78.4 g/t 2PGE+Au. Based on the information available to date, no deleterious element thresholds were exceeded, and a detailed elemental analysis on the concentrate is underway. Table 1 is a summary of test results from the locked cycle flotation test. Testwork Commenced on Weathered and Blended Material Flotation testwork has commenced on weathered and blended (fresh + weathered) composite samples of Curiu PGE deposit drill core, applying a similar flowsh...

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