ValOre Metals Corp.(TSXV: VO) (OTC: KVLQF) has obtained high-grade rock assay results from the Tróia target area at its100%-owned Pedra Branca Platinum Group Elements Project in north-eastern Brazil.
“The Tróia target has excellent exploration upside, as evidenced by the high-grade palladium-platinum values from the initial outcrop and grab sample assay results released today,” VP of Exploration, Colin Smith, said.
“The one-kilometre-long trend is fully open along strike to in both directions and remains largely untested at depth.
“Detailed mapping, Trado drilling and trenching will further delineate this broad, high-grade, shallow intrusion, with the intention of advancing Tróia into a high priority drill target.”
Tróia Target Exploration Program Highlights:
- Multiple high-grade PGE assay results from outcropping chromitites and mineralised ultramafic (UM) samples, including:
- 23.01 grams per tonne palladium + platinum + gold (g/t 2PGE+Au) – SAMPLE 103089
- 12.00 g/t 2PGE+Au – SAMPLE 103111
- 8.32 g/t 2PGE+Au – SAMPLE 103091
- 8.15 g/t 2PGE+Au – SAMPLE 103093
- 7.98 g/t 2PGE+Au – SAMPLE 103094
- 3.35 g/t 2PGE+Au – SAMPLE 103095
- Mineralisation occurs within a 50 to 100-metre-wide zone, along one kilometre of geological trend, associated with compelling historical geochemical and geophysical anomalies;
- Trado auger drilling is on-going at Tróia, with 46 auger holes (133 m) completed to date, with UMs encountered in 10 holes (assays pending);
- Follow-up trenching will commence upon receipt and review of the Trado auger assays.
Tróia 2022 Exploration Programme
ValOre conducted detailed geological mapping and prospecting along the one-km-long anomalous trend at Tróia, a target located four km west of Cedro (453,000 oz 2PGE+Au grading 1.03 g/t in 13.6 Mt) and 6 km west of Esbarro, (403,000 oz 2PGE+Au grading 1.16 g/t in 10.8 Mt).
The main Tróia zones were subsequently followed up with 46 Trado auger holes to date totalling 133 m (on-going), with UM encountered in 10 Trado holes (assays pending).
One shallow (49.8 m) historical diamond drill hole is present in the northern Tróia zone, with no PGEs reported; however, relogging of the historical core, combined with new field data, suggests that this hole was shut down at the top contact of the target UM intrusion, and therefore, excellent potential for mineralised continuity remains at depth.
A total of 13 outcrop and grab samples were collected and submitted for assay during the detailed prospecting and mapping campaign. An average grade of 5.02 g/t 2PGE+Au was returned, with 11 of 13 samples (85%) reporting PGEs, and four samples assays exceeding 8.00 g/t 2PGE+Au (high of 23.01 g/t 2PGE+Au, #103089).
For further information please visit: http://www.valoremetals.com/
