ValOre Metals Corp.(TSXV: VO) (OTC: KVLQF)has received strong Tradoauger assay results from the Tróia target area at ValOre’s 100%-owned Pedra Branca Platinum Group Elements Project in north-eastern Brazil.
“The Tróia target represents another high-quality, near-surface zone of significant scale that is rapidly evolving into a compelling drill target,” VP of Exploration, Colin Smith, said.
“Palladium and platinum mineralisation occurs within a broad zone along a one km trend that remains open in both directions of strike.”
Tróia Target Exploration Programme Highlights:
- Mineralization occurs within a 50 m to 100 m wide zone, along a one km long trend with compelling geochemical and geophysical anomalies, and rock samples exceeding 23 g/t 2PGE+Au;
- The Tróia target has been tested with 72 Trado auger holes (results received for 53), totaling 206 m and seven trenches, totalling 400 m;
- Target ultramafic rocks (UM) encountered in 19 Trado holes (62 m of the 206 m augered) and all seven trenches, over geological trend of approximately one km in strike length;
- Multiple PGE-mineralised Trado auger holes, including:
- 8.5 m grading 0.98 grams per tonne palladium + platinum + gold (g/t 2PGE+Au) from surface, including 4.0 m grading 1.44 g/t 2PGE+Au from 4.0 m depth
- 2.0 m grading 8.58 g/t 2PGE+Au from surface, including 1.0 m grading 15.93 g/t 2PGE+Au from surface
- 4.0 m grading 1.55 g/t 2PGE+Au from surface
- 3.8 m grading 1.64 g/t 2PGE+Au from surface
- Sampling and geological mapping of all seven trenches are in progress.
Tróia 2022 Exploration Programme
ValOre conducted detailed geological mapping and prospecting along the 1-km-long anomalous trend at Tróia, a target located 4.5 km north-northeast Massapê (129,000 oz 2PGE+Au grading 1.21 g/t in 3.31 Mt) and 8 km north of Trapia (885,000 oz 2PGE+Au grading 0.96 g/t in 27.8 Mt).
The main Tróia zones were subsequently followed up with 72 Trado auger holes totaling 206 m, with UMs encountered in 19 Tradoholes.
Assays are pending for 19 of 72 holes.
PGE assays previously reported from Trado auger drilling and rock sampling, including 23.01 g/t 2PGE+Au and 12.00 g/t au, warranted follow-up trenching along 600 m of geological trend to confirm the presence of in-situ PGE mineralisation.
Seven trenches were excavated (400 m total length), with all exposing UM and UM-derived rock continuity along strike, with significant thickness chromitite-rich UMs in the central two trenches (TR22TR01 and TR22TR02 – see below for detailed plan map of the Tróia target priority area of interest. Trench sampling and mapping are in progress.
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