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ValOre Expands Technical Team and Provides Update on PGE Project

Canadian company ValOre Metals Corp. has recently declared a major strengthening of its technical staff and provided an update on the 2020 core drill program for its fully owned Pedra Branca Platinum Group Element Project (“PGE”, “2PGE+Au”) located in northeastern Brazil.

Key Updates on ValOre Metals’ 2020 PGE Exploration Programs

  • Servitec Foraco has been selected for the forthcoming drill program, and mobilization of crews and drill rig will be started immediately, with an anticipated drill-ready timeline set for three weeks.
  • The technical team of ValOre Metals now includes technical advisors Robert A. Brozdowski, PhD, P.Geo., Robert Carpenter, PhD, P.Geo., and in-country Project Geologist, Thiago Diniz, P.Geo.
  • An outline of the proposed 2020 exploration program at the Pedra Branca project was released earlier in April 27th, 2020.

We are very proud of the technical team ValOre has now assembled, including the great minds and highly relevant experience of Dr. Robert Brozdowski and one of ValOre’s founders, Dr. Robert Carpenter. Colin Smith has effectively quarterbacked a world class team of in-house professionals and external consultants that have systematically extracted significant value from the Pedra Branca data set to-date.

Jim Paterson, Chairman and CEO, ValOre Metals Corp.

Paterson continued, “With the recent addition of the Brazilian expertise of Thiago Diniz, the team is now in the position to deploy a carefully constructed, high impact exploration program at Pedra Branca, We look forward to a productive and safe working relationship with Servitec-Foraco as we commence our highly anticipated drill program at Pedra Branca—a district scale palladium/platinum project in north-eastern Brazil.”

ValOre Metals Bolsters Technical Team

ValOre Metals has strengthened its technical staff with consulting exploration geologists and technical/corporate advisors Robert A. Brozdowski, PhD, P. Geo., and Robert Carpenter, PhD, P. Geo. The duo brings a total of more than 55 years of exploration experience, a track record of major discoveries, and a direct know-how with PGE-enriched ultramafic systems.

ValOre Metals has also hired an in-country Project Geologist, Thiago Diniz, M.Sc., P.Geo., to help in the implementation and management of the forthcoming 2020 exploration programs.

The team joins Colin Smith, MSc, P.Geo., who supervises New Project Review for ValOre Metals.

2020 Drill Program Update

ValOre Metals has made an agreement with Servitec Foraco Sondagem SA (Servitec-Foraco)—a drilling company—to finish a 6,000-m core drill program at the Pedra Branca project. Furthermore, mobilization of crews and a drill rig will be initiated immediately, with drilling anticipated to be started in three weeks for the two-phase, fully permitted program (Phase 1 and Phase 2 totaling 2,875 and 3,035 m, in that order).

ValOre and Servitec-Foraco COVID-19 Protocols

Servitec-Foraco and ValOre Metals are closely tracking their business and operations preparedness plans, since the health and safety of contractors, staff, and related communities is very important.

As part of the safety measures, both companies have adopted self-assessment checklist, daily temperature monitoring, screening processes, and issued directives with respect to social distancing to assure a safe setting for operations. Servitec-Foraco has an elaborate procedural guide on hygiene and conduct to be implemented on a day-to-day basis both during and after the working hours.

Such decisions strengthen the companies’ aim to prevent COVID-19 transmission among its contractors, staff, and the communities living close to drilling activities.


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