Valore Metals Corp. · TSXV:VO

Valore Metals — Investor Presentation (February 2021)

11 slides from Valore Metals's investor presentation, Feb 26, 2021

  1. Slide 1: Angilak Property: Uranium in Nunavut

    Angilak Property: Uranium in Nunavut District scale exploration potential. Hosts Lac 50 Trend, amongst the highest-grade uranium resources globally. TSX-V: VO 92 OTC: KVLQF U Uranium FRANKFURT: KEQ0 238.03 www.valoremetals.com

  2. Slide 2: Angilak Uranium Project, Nunavut Territory

    Angilak Uranium Project, Nunavut Territory District-Scale, High-Grade Resource Potential ▪ 49,619 hectares with District Scale potential for uranium, Uranium Target precious and base metals ▪ Hosts the 3 km x 15 km mineralized Lac 50 Trend Deposits Lac 50 Trend 43-101 Resource: ▪ Lac 50 Trend Resour

  3. Slide 3: Angilak Property: District Scale Potential

    Angilak Property: District Scale Potential Lac 50 Trend 43-101 Resource: 2,831,000 tonnes U3O8 @ 0.69% 43.3 million pounds U3O8 SW Pulse Hot Flare Blaze J1 Spark Forte WE-MZ-EE J4, ML Ray Yat KU Nine Iron Dipole Rib TSX: VO | OTC: KVLQF | FRANKFURT: KEQ0 | www.valoremetals.com MARCH 2021

  4. Slide 4: Lac 50 Trend: NI 43-101 Resource Estimate

    Lac 50 Trend: NI 43-101 Resource Estimate Angikuni Basin 45 KM 2013 NI 43-101 Inferred Resource: Kt U3O8 Ag Mo Cu U3O8 Ag Mo Cu U3O8% (1000*t) (%) (g/t) (%) (%) (Mlbs) (koz) (Mlbs) (Mlbs) 0.0 – 0.2 0.2 – 0.4 0.4 – 0.6 2,831 0.693 20.6 0.167 0.25 43.3 1,878 10.4 15.6 0.6 – 0.8 0.8 – 1.0 >1.0% ▪ 2,831

  5. Slide 5: Proven and Effective Targeting Methodology

    Proven and Effective Targeting Methodology ▪ U-bearing structures are highly conductive ▪ Ground VLF-EM defines distinct and well- defined targets typically associate with near- surface uranium mineralization VLF-EM TSX: VO | OTC: KVLQF | FRANKFURT: KEQ0 | www.valoremetals.com MARCH 2021

  6. Slide 6: Proven and Effective Targeting Methodology

    Proven and Effective Targeting Methodology ▪ Geochemistry effectively zeros in on uraniferous structures ▪ U-in-soils geochemistry and enzyme-leach (EL) soil sampling U-in-Soils TSX: VO | OTC: KVLQF | FRANKFURT: KEQ0 | www.valoremetals.com MARCH 2021

  7. Slide 7: Proven and Effective Targeting Methodology

    Proven and Effective Targeting Methodology Multiple additional U-rich structures ▪ Drill test down-dip targets with coincident VLF-EM conductors and U-in-soils anomalies Property-wide, drill-ready targets ▪ High-grade U drill intercepts followed up down-dip and along strike Spark Drilling Flare Blaz

  8. Slide 8: Proven and Effective Targeting Methodology

    Proven and Effective Targeting Methodology ▪ Extensive high-grade U3O8 is intercepts led to Pre-resource target (i.e. Pulse, Hot, ML, development of Lac 50 resource Blaze, Spark, Flare) ▪ Multiple targets drilled pre-EL soils, so massive discovery and resource expansion potential remains VLF-EM U-in

  9. Slide 9: Lac 50 Beneficiation + Metallurgical Testing

    Lac 50 Beneficiation + Metallurgical Testing "The final yellowcake produced from the leach solution was a low-impurity product… final yellowcake assays fell below the Maximum Concentration Limit Without Penalty. The alkaline leaching process proposed for the Lac 50 Trend uranium deposits is similar

  10. Slide 10: Remains Highly Undervalued to Uranium Peers

    Angilak Remains Highly Undervalued to Uranium Peers EV/Resource of Exploration/Development-Stage Companies with Canadian Uranium Projects (C$/lb U3O8) $8.00 3.00 EV/Resource (C$/lb U3O8) Average Resource Grade ValOre is trading at a ~80% discount to the average of companies with advanced uranium pro

  11. Slide 11: TSX-V: VO

    TSX-V: VO Jim Paterson Chairman & CEO Email: contact@valoremetals.com Phone: +1 (604) 653-9464 Address: Suite 1020 – 800 West Pender St. Vancouver, BC Website: www.valoremetals.com

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