Valterra Resource Corporation to Carry Out Two Private Placements

 Valterra Resource Corporation (TSXV:VQA) announced that it will carry out a non-flow through and a flow-through private placement. Proceeds from both private placements will be used to fund an exploration program at the Bobcaygeon property.

As quoted in the press release:

The main goals of the program include: a) expand the strike length of the main zone(s) by completing a series of spaced cross-trenches, b) expose near-surface graphite outcrops to facilitate mapping and advanced analytical and metallurgical sampling, and c) detect anomalies from the geophysics that may be related to graphitic deposits, veins, or controlling structures/bodies critical to ore-formation.

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