Valore Metals Corp. · TSXV:VO
Valore Metals — Investor Presentation (January 2023)
25 slides from Valore Metals's investor presentation, January 2023
Slide 1: Exploring for the Modern World
TSX-V: VO OTCQB: KVLQF FRA: KEQ0 Exploring for the Pedra Branca PGE+Au Project Ceará, Brazil Modern World Angilak Property Uranium Project JANUARY 2023 CORPORATE PRESENTATION Nunavut, Canada VALOREMETALS.COM
Slide 2: Forward-Looking Statements
Forward-Looking Statements This presentation contains "forward-looking statements". These forward-looking statements are made as of the date of this presentation and ValOre Metals Corp. does not intend, and does not assume any obligation, to update these forward-looking statements. Forward- looking
Slide 3: An alliance of public companies focused on global mineral exploration
An alliance of public companies, individually managed and focused on the advancement of global mineral exploration and mining projects, with a proven track record of generating shareholder value VALOREMETALS.COM TSX-V: VO OTCQB: KVLQF FRA: KEQ0 3
Slide 4: ValOre's Approach
ValOre’s Approach Substantial Prior Investment Angilak >95,000 m drilled & CAD$95M invested on exploration & resource delineation Pedra Branca >47,000 m drilled & CAD$41M invested in resource expansion & exploration to-date High value mineralization on a large scale Added value through exploration,
Slide 5: Capital Structure & Team
Capital Structure & Team Directors TSX-V: VO OTCQB: KVLQF Share Price 52W High 52W Low $0.30 $0.63 $0.24 Shares O/S Market Cap Jim Paterson Dale Wallster Garth Kirkham Darren Klinck Chairman & CEO Director Director Director 153.68M CAD$46.1M As of Dec 31, 2022 High Insider Ownership Luis Azevedo Joh
Slide 6: Recent Successes Involving ValOre Directors
Recent Successes Involving ValOre Directors Acquired by Royal Gold Acquired by Coeur Mining Acquired by Goldcorp for $200M Cash for $117M for $520M 2008 IPO; 2010 Transaction Acquired by Rio Tinto Created a USA Met Coal for $650M Producer Valued $250M VALOREMETALS.COM TSX-V: VO OTCQB: KVLQF FRA: KEQ
Slide 7: Two District Scale, High Value, Advanced Assets with Significant Exploration Potential
Two District Scale, High Value, Advanced Assets with Significant Exploration Potential 92 U 43.3 Mlbs U3O8 in 2.83 Mt Uranium at 0.69% U3O8 Angilak Canada o >CAD$65M ValOre spend, CAD$30M historical 68,552 ha o 10 additional discoveries property-wide with significant exploration upside 46 78 2.2 Moz
Slide 8: Nunavut Territory
Polaris Teck Cominco Nunavut Territory An Excellent Jurisdiction for Exploration & Mining Nanisivik Breakwater o Nunavut Territory is a settled land claim, based on clearly Mary River Baffinland defining all rights and obligations of Inuit people & mining industry o Permitting process is clear, fair
Slide 9: Angilak Property 68,552 ha
Angilak Property 68,552 ha Lac 50 Trend Resource o 43.3 Mlbs U3O8 @ 0.69% U3O8 in 2.83 Mt o Defined by 335 core holes (60,258 m) Rock Samples (% U3O8) 0.0 – 0.20 0.20 – 0.69 Angikuni Sub-basin 0.69 – 1.0 1.0 – 5.0 Soil Samples 5,137 Drill Hole >100,000 m >5.0 Exploration Target U in drill core VLF-E
Slide 10: Lac 50 Trend
Lac 50 Trend F - EM Lac NI 43-101 Inferred Resource VL 5 0 Tr end o 43.3 Mlbs U3O8 grading 0.69% in 2,831,000 tonnes ( ~12 km ) o Defined by 335 core holes (60,258 m) oil s n -S Resource Expansion Target (9) U -i g r i llin D VALOREMETALS.COM TSX-V: VO OTCQB: KVLQF FRA: KEQ0 10
Slide 11: Lac 50 Trend High-Grade & Near-Surface Resource
Lac 50 Trend High-Grade & Near-Surface Resource %U3O8 >1% 0.8 – 1.0% 43.3 Mlbs U3O8 grading 0.69% in 2,831,000 tonnes 0.6 – 0.8% 1.88 Moz Ag grading 20.6 g/t; 10.4 Mlbs Mo grading 1.67%; 15.6 Mlbs Cu grading 0.25% 0.4 – 0.6% 0.2 – 0.4% “Western Extension” surface “Main Zone” “Eastern Extension” “Jay
Slide 12: Favourable Metallurgy
Favourable Metallurgy Results to date indicate the potential to cost-effectively extract Uranium and produce an attractive final yellowcake product Metallurgical Yellowcake Product Alkaline Leaching, Lac 50 Composite Precipitation Tests 95% Low Reagent Consumption 70% Uranium Uranium 100% primary al
Slide 13: Pedra Branca PGE Project
Pedra Branca PGE Project Northeastern Brazil Fortaleza, Brazil Capitão Mor (Project Operations) Population ~3M Population ~900 Fortaleza International Fortaleza International Airport Deep Water Port Pedra Branca PGE Project VALOREMETALS.COM TSX-V: VO OTCQB: KVLQF FRA: KEQ0 15
Slide 14: Pedra Branca District Scale Exploration Potential
Pedra Branca District Scale Exploration Potential o 56,852 hectares o 80km+ of prospective PGE trend o Troia Unit: Paleoproterozoic mafic to ultramafic belt of rocks, highly prospective for palladium and platinum NI 43-101 2022 Resource Deposit (7 totaling ~2.2 Moz 2PGE+Au) Target (>25 in pipeline)
Slide 15: Pedra Branca Palladium-Platinum Assay Highlights
Pedra Branca Palladium-Platinum Assay Highlights 2022 Trado® Auger Highlights High-grade chromitite Field exploration, outcrop, Ipueiras target Massape deposit o 12 m @ 1.73 g/t 2PGE+Au at Esbarro NW o 10 m @ 1.64 g/t 2PGE+Au at Santo Amaro South o 16 m @ 1.22 g/t 2PGE+Au at Trapia South 2022 Trench
Slide 16: Pedra Branca Drilling Coverage
Pedra Branca Drilling Coverage 2021 Resource Expansion Drilling, Trapia 1 deposit Total Meters Drilled at Project 45,606 m in 503 core holes (1,828 m in RC) ValOre 15,606 m in 118 core holes + all RC drilling Previous Exploration Groups 30,000 m in 85 core holes VALOREMETALS.COM TSX-V: VO OTCQB: KVL
Slide 17: Pedra Branca At Surface Resource on a District Scale
Pedra Branca At Surface Resource on a District Scale ValOre Property Mafic Ultramafic Unit 2022 NI 43-101 Inferred Resource Soil Coverage Rock Coverage o 2,198 koz 2PGE+Au in 63.3 Mt grading 1.08 g/t Trado® and Trench Coverage o Total 40,101 m drilled (462 holes) Drilling Coverage NI 43-101 2022 Res
Slide 18: Pedra Branca Esbarro Deposit
Pedra Branca Esbarro Deposit 403,000 oz 2PGE+Au grading 1.16 g/t 2PGE+Au in 1.8 Mt o Based on 125 core drill holes (8,181 m) 2021 ValOre Drill hole: 77 m @ 2.95 g/t from surface High-grade drill core, Esbarro deposit, 2021 drill program VALOREMETALS.COM TSX-V: VO OTCQB: KVLQF FRA: KEQ0 20
Slide 19: Pedra Branca Trapiá Deposit
Pedra Branca Trapiá Deposit o 4x increase from 2019-2022 o 2022 Trapiá resource: 885,000 oz 2PGE+Au grading 0.96 g/t (strong expansion potential remains) Limit of resource VALOREMETALS.COM TSX-V: VO OTCQB: KVLQF FRA: KEQ0 21
Slide 20: Exploration Methodology Proven to Add Resource Ounces
Exploration Methodology Proven to Add Resource Ounces Compile & review Geological Trado® auger historical data mapping drilling Trenching DRILL & prospecting o 1,820 m augered o 2,200 m excavated o >17,000 m drilled o 587 holes o 41 trenches o 2020-2021 Trado® Auger Drilling 2021 Trench 2021 Drill P
Slide 21: Exploration Methodology in Action Ipueiras Target
Exploration Methodology in Action Ipueiras Target 64 m grading 2.68 g/t 2PGE+Au including 25 m grading 4.65 g/t 2PGE+Au Trado hole AD22IP04 Trado hole AD22IP05 25m @ 4.65 g/t 2PGE+AU 8m @ 1.13 g/t 2PGE+Au from surface 8m @ 1.29 g/t 2PGE+Au from surface Location incl. 1m @ 5.48 g/t 2PGE+AU from surfa
Slide 22: Full Discovery Pipeline
Full Discovery Pipeline Target Stage Target Name Resource Expansion Santo Amaro, Cedro, Massape, Trapia Trado® and Trenched (Drill Ready) Galante (GE), Ipueiras (IP), Troia (TR) Nambi (NB), Sao Francisco (SF), Trado® and Trenched Galante West (GL) Soil Coverage Talhado (TA), Synform (SF), Pitombeira
Slide 23: Catalysts for Growth
TSX-V: VO OTCQB: KVLQF FRA: KEQ0 ValOreMetals.com Catalysts for Growth Dustin Zinger Investor Relations Strategic Review underway to maximize value of Angilak and Pedra Branca assets Email dzinger@valoremetals.com Phone +1 (604) 653-9464 Pedra Branca PGE Project Address 1020 – 800 West Pender Street
Slide 24: Pedra Branca 2022 Inferred Resource Estimate – Effective March 8, 2022
Pedra Branca 2022 Inferred Resource Estimate – Effective March 8, 2022 VALOREMETALS.COM TSX-V: VO OTCQB: KVLQF FRA: KEQ0 26
Slide 25: Pedra Branca 2022 Inferred Resource Estimate - Parameters
Pedra Branca 2022 Inferred Resource Estimate - Parameters 1. The Mineral Resource estimates were prepared in accordance with the CIM Standards, and the CIM Guidelines, using geostatistical, plus economic and mining parameters appropriate to the deposit. 2. All figures have been rounded to the relati