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ValOre Metals Corp.

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Summary

Project:

Pedra Branca

Deposit:Pedra Branca
Location:Brazil
Commodities:Gold-Platinum-Palladium
Date:7/23/2019
Report Code:NI43-101
Report Type:Resource Estimation
Project Stage:Pursuing Resource Increase/Upgrade
Report details:23-7-2019: ValOre Metals Corp. announces a Resource Estimation report for its Pedra Branca deposit at the Pedra Branca project. Technical report on property disclosing a mineral resource estimate. The Pedra Branca Project May 2019 Resource Estimate Techni
Resources:(Resource, Inf.): 27.2Mt @ 0.42g/t At, 0.77g/t Pd, 0.02g/t Au
CP/QP:[Resources]: Susan Lomas, Ali Shahkar (Lions Gate Geological Consulting Inc.)
ABSTRACT:The Pedra Branca Project May 2019 Resource Estimate Technical Report (PB Report) has an effective date of May 28, 2019 and has been prepared using the Canadian National Instrument 43-101 Standards of Disclosure for Mineral Projects (NI 43-101). The PB Report is an Independent NI 43-101 Technical Report prepared for ValOre Metals Corp. (ValOre) on the Pedra Branca Project located in the north-east part of Brazil in Ceará State, approximately 280 km southwest of the state capital city, Fortaleza (Figure 1-1). ValOre retained the services of Lions Gate Geological Consulting Inc. (LGGC) to estimate the mineral resources of five deposits within the Pedra Branca Project including the Santo Amaro, Curiu, Esbarro, Cedro and Trapia Deposits (5PB Deposits). The mineralization included in the resource estimation at the Pedra Branca Project is platinum, palladium and gold. There are other metals locally associated with the PGE+Au mineralization including Ni, Cr, Cu and Co but they have not been included in the current mineral estimation but could be included in future estimations if supported by their distribution and metallurgy.

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