PGE assays are reported herein for all 4 trenches (Table 1), including a high-grade chromitite interval in trench TR22SF01 of 8.23 g/t 2PGE+Au over 2 metres. The 1.2-km-long trend of continuous in-situ PGE mineralization remains open along strike in both directions.Īt São Francisco, four trenches totaling 182 m all exposed ultramafic (“UM”) rocks, establishing an in situ geological trend of approximately 300 m. PGE assays are reported herein for the final trench TR22NB04 (Table 1), with PGE mineralization now confirmed in all four trenches. See Figure 1 below for a plan map of the São Francisco and Galante West targets, and Figure 2 below for a plan map of the 1.2-km-long Nambi target area.Īt Nambi, four trenches totaling 108 m all exposed ultramafic (“UM”) rocks, establishing an in situ geological trend of approximately 1.2 km. CLICK HERE for São Francisco and Nambi news release dated September 29, 2022. Nambi, São Francisco and Galante West represent pipeline targets under evaluation by ValOre’s exploration methodology, which assesses the near-surface PGE potential of showings throughout the Pedra Branca district. 3.0 m 0.76 g/t 2PGE+Au from surface – Trado ® hole AD22GL02. 1.0 m 3.83 g/t 2PGE+Au from 1 m depth – Trado ® hole AD22GL01 2.5 m 2.00 g/t 2PGE+Au from surface, incl.67 metres (“m”) 0.59 grams per tonne palladium + platinum + gold (“g/t 2PGE+Au”), incl.“Near surface palladium-platinum mineralization has been returned in assay results from all three targets, with the on-going field exploration programs designed to evaluate and establish RC drill targets.” In addition, 337 metres have been augered in 118 Trado ® holes, with 236 metres of ultramafics intercepted and 361 samples submitted for assay,” stated ValOre’s VP of Exploration, Colin Smith. A cumulative 290 metres have been excavated in 4 trenches, with 236 metres of ultramafics exposed and 290 samples submitted for assay. “The rapid advancement of São Francisco, Nambi and Galante West continues with the deployment of ValOre’s sequential exploration methodology. (“ValOre” TSX ‐ V: VO OTCQB: KVLQF Frankfurt: KEQ0, “the Company”) today reported trench and Trado ® auger assay results from the Nambi (“Nambi”), São Francisco (“São Francisco”) and the Galante West (“Galante West”) pipeline targets at ValOre’s 100%-owned Pedra Branca Platinum Group Elements (“PGE”, “2PGE+Au”) Project (“Pedra Branca”) in northeastern Brazil.
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