Valore Metals Corp. · TSXV:VO
Valore Metals — Red Cloud Uranium Conference May 2021
14 slides from Valore Metals's conference presentation, May 2021
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
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
Slide 3: Lac 50 Trend: NI 43-101 Resource Estimate
Lac 50 Trend: NI 43-101 Resource Estimate Weste rn Exte Lac nsion (WE) 50 4 KM E W M T ren Z E J4 d Main Z one (M Z , Z) Ra y Eastern Angikun Extens ion (EE i Basin ) 45 KM 2013 NI 43-101 Inferred Resource: Kt U3O8 Ag Mo Cu U3O8 Ag Mo Cu (1000*t) U3O8% (%) (g/t) (%) (%) (Mlbs) (koz) (Mlbs) (Mlbs) 0.
Slide 4: 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
Slide 5: Proven and Effective Targeting Methodology
Proven and Effective Targeting Methodology § U-bearing structures are highly conductive we ll -de § Ground VLF-EM defines distinct and well- su fi ne defined targets typically associate with rfa d near-surface uranium mineralization ce VLF -EM con duc tor s La c VLF-EM 50 Tre nd (~ 1 2k m) ure uct s
Slide 6: Proven and Effective Targeting Methodology
Proven and Effective Targeting Methodology § Geochemistry effectively zeros in on Ur an uraniferous structures ium -in § U-in-soils geochemistry and enzyme- su -so rfa ils un leach (EL) soil sampling ce tes geo ted c hem ic a l con du sam cto r plin La c g VLF-EM 50 Tre nd un (~ 1 2k tes m) ted ure
Slide 7: Proven and Effective Targeting Methodology
Proven and Effective Targeting Methodology Multiple additional U-rich structures § Drill test down-dip targets with coincident dr Property-wide, drill-ready targets il VLF-EM conductors and U-in-soils do l anomalies wn -di su p of rfa un § High-grade U drill intercepts followed up ce c ond tes uct t
Slide 8: Proven and Effective Targeting Methodology
Proven and Effective Targeting Methodology § Extensive high-grade U3O8 is intercepts led int Pre-resource target (i.e. Pulse, Hot, ML, to development of Lac 50 resource er Blaze, Spark, Flare) ce pt § Multiple targets drilled pre-EL soils, so su hig rfa h-g un massive discovery and resource expansio
Slide 9: 2021 Focus
2021 Focus District-Scale, Integrated Targeting Review § Acquisition of 46,600 hectares (466 km2) new WorldView spectral data and hi-res imagery § To enable regional spectral mapping of prospective geology, alteration, and mineralogy at a “boulder-scale”, district-wide § Re-processing down-hole geoc
Slide 10: Geochemical Dataset, to be Re-Processed in 2021
Geochemical Dataset, to be Re-Processed in 2021 Soils U3O8 (ppb) Drill Hole § 589 drill holes / 89,572 metres § 897 rock samples § 3,209 conventional soils § 1,539 Enzyme Leach soils § 75 MMI soils > 42 km TSX: VO | OTC: KVLQF | FRANKFURT: KEQ0 | www.valoremetals.com Q2 2021 | 10
Slide 11: Geophysical Dataset, to be Re-Processed in 2021
Geophysical Dataset, to be Re-Processed in 2021 Geophysical Products Shown: Drill Hole - Regional Airborne Mag - Ground VLF EM § Airborne magnetics, radiometrics, TDEM, FDEM § Ground VLF-EM, gravity, seismic > 42 km TSX: VO | OTC: KVLQF | FRANKFURT: KEQ0 | www.valoremetals.com Q2 2021 | 11
Slide 12: 2021 WorldView Spectral Data Acquisition
2021 WorldView Spectral Data Acquisition Soils U3O8 (ppb) Drill Hole § Acquiring 466 km2 (46,600 ha) of new WorldView spectral data and Hi-Res imagery § To be used in with re-processed geophysics and geochemistry in district-wide targeting review > 42 km TSX: VO | OTC: KVLQF | FRANKFURT: KEQ0 | www.
Slide 13: Angilak 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) ValOre is trading at a ~84% discount to the average of companies with advanced uranium projects in Canada $10.00 3.00 Average Resource 2.50 Grade (%
Slide 14: TSX-V: VO
TSX-V: VO Dustin Zinger, Investor Relations Email: dzinger@valoremetals.com Phone: +1 (604) 653-9464 Website: www.valoremetals.com Address: Suite 1020 – 800 West Pender St. Vancouver, BC
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