Unveils 2021 Exploration Plans At Pedra Branca Project In Brazil
ValOre Metals Corp. (TSXV:VO) has unveiled a fully-funded 2021 exploration programme including Reverse Circulation (RC) and diamond drilling (DD) core drilling programmes at its 100%-owned Pedra Branca Platinum Group Element (PGE) Project in north-astern Brazil.
Vice President of Exploration, Colin Smith, said RC drilling has commenced, and the first of two diamond drill rigs is scheduled to arrive by the end of April.
“The application of Trado, RC and core drilling at Pedra Branca allows us to systematically accelerate the target pipeline, from new discovery to resource expansion,” Mr Smith said.
“Pre-drilling Trado auger work serves to confirm the presence of mineralized ultramafics under overburden, and follow-up RC drilling enables the advancement of these targets at 4x the rate of core drilling.”
Mr Smith said first phase of RC drilling will test six property-wide target areas, focusing on three target styles: undrilled new discovery, pre-resource target advancement, and resource expansion.
He said core drilling will return to high priority resource expansion and pre-resource targets successfully drilled in 2020, as well as positive 2021 RC drill results.
Pre-drilling Trado auger work will continue property-wide, advancing additional targets to drill-ready stage.
ValOre has engaged Brazilian drilling companies Servdrill Perfuração e Sondagem and DrillGeo Geologia e Sondagem for the fully funded and permitted 2021 drill programme at Pedra Branca, which will consist of 2,000 m of RC and 6,000 m of core drilling.
The core drilling programme will commence this month with the arrival of 1 of 2 diamond drill rigs. Five property-wide target areas will be tested with a primary focus of following up positive RC drill results, advancing targets to inferred resource category and expanding the Trapia and Santo Amaro NI 43-101-defined resources.
