TORONTO, Aug. 10, 2020 /CNW/ -
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About ValOre Metals Corp. (TSXV: VO)
ValOre Metals Corp. is a Canadian company with a portfolio of
high–quality exploration projects. ValOre's team aims to deploy
capital and knowledge on projects, which benefit from substantial
prior investment by previous owners, existence of high-value
mineralization on a large scale, and the possibility of adding
tangible value through exploration, process improvement, and
innovation. In May 2019, ValOre
announced the acquisition of the Pedra Branca Platinum Group
Elements (PGE) property, in Brazil, to bolster its existing Angilak
uranium, Genesis/Hatchet uranium and Baffin gold projects in
Canada. The Pedra Branca PGE
Project comprises 38 exploration licenses covering a total area of
38,940 hectares (96,223 acres) in northeastern Brazil. At Pedra Branca, 5 distinct PGE+Au
deposit areas host, in aggregate, a NI 43-101 Inferred Resource of
1,067,000 ounces 2PGE+Gold (Palladium, Platinum and Gold; Pd,
Pt+Au) contained in 27.2 million tonnes ("Mt") grading 1.22 grams
2PGE+Gold per tonne ("g 2PGE+Au/t") (see ValOre's July 23, 2019 news release). PGE mineralization
outcrops at surface and all of the inferred resources are
potentially open pittable. For more information visit
http://www.valoremetals.com/
About TMX Group (TSX: X)
TMX Group's key subsidiaries operate cash and derivative markets
and clearinghouses for multiple asset classes including equities
and fixed income. Toronto Stock Exchange, TSX Venture Exchange, TSX
Alpha Exchange, The Canadian Depository for Securities, Montréal
Exchange, Canadian Derivatives Clearing Corporation,
Trayport and other TMX Group companies provide listing
markets, trading markets, clearing facilities, depository services,
technology solutions, data products and other services to the
global financial community. TMX Group is headquartered in
Toronto and operates offices
across North America (Montréal,
Calgary, Vancouver and New
York), as well as in key international markets including
London, Beijing and Singapore. For more information about TMX
Group, visit our website at www.tmx.com. Follow TMX Group on
Twitter: @TMXGroup.
SOURCE TMX Group Limited