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ValOre Metals (OTCQB:KVLQF) reported significant results from its 87-hole Trado® auger drilling campaign at the Pedra Branca PGE Project in Brazil. The standout result includes 10.0 meters at 12.95 g/t 2PGE+Au from surface, including 4.0 meters grading 29.57 g/t 2PGE+Au.
Key developments include: 74 of 87 holes returning PGE mineralization, with 28 holes exceeding 10 gram-metres grade-thickness values. The drilling program confirmed high-grade PGE mineralization extending over 1 kilometer along strike. Brazil's National Mining Agency (ANM) approved Final Exploration Reports for key mineral claims, advancing core deposits to the Mining Concession application phase.
The company is conducting metallurgical testwork with the University of Cape Town, with preliminary results expected by July end. Water supply studies are planned for H2 2025 in preparation for a future Preliminary Economic Assessment.
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