Val-d'Or Mining Enters into Mineral Claim Purchase Agreement

Val-d'Or Mining Corporation (TSXV: VZZ) (the "Company") announces that it has entered into a mineral claim purchase agreement (the "Option Agreement") with an arms' length party (the "Vendor"), dated October 8, 2025, pursuant to which the Company purchased a 100% interest in three mining claims in the Larder Lake Mining Division in Ontario (the "Properties").

In consideration of the purchase of the Properties, the Company shall pay to the Vendor $5,000 in cash and shall issue to the Vendor 100,000 common shares of the Company, subject to TSX Venture Exchange approval. The Company has also granted to the Vendor a royalty (an "NSR Royalty") of 1.0% of the Net Smelter Returns from the Properties, and the Company has the option to purchase one-half of the NSR Royalty (thereby reducing the NSR Royalty rate payable to the Vendor from 1.0% to 0.5%) for $1,000,000.

About Val-d'Or Mining Corporation

Val-d'Or Mining Corporation is a junior natural resource issuer involved in the process of acquiring and exploring its diverse mineral property assets, most of which are situated in the Abitibi Greenstone Belt of NE Ontario and NW Québec. To complement its current property interests, the Company regularly evaluates new opportunities for staking and/or acquisitions. Outside of its principal regional focus in the Abitibi Greenstone Belt, the Company holds several other properties in Northern Québec (Nunavik) covering different geological environments and commodities (Ni-Cu-PGE's).

The Company has expertise in the identification and generation of new projects, and in early-stage exploration. The mineral commodities of interest are broad, and range from gold, copper-zinc-silver, nickel-copper-PGE to industrial and energy minerals. After the initial value creation in the 100%-owned, or majority-owned properties, the Company seeks option/joint venture partners with technical expertise and financial capacity to conduct more advanced exploration projects.

For additional information, please contact:

Glenn J. Mullan
2772 chemin Sullivan
Val-d'Or, Québec J9P 0B9
Tel.: 819-824-2808, x 204
Email: Glenn.Mullan@GroupZedZed.com

Forward-Looking Statements:

This news release contains certain statements that may be deemed "forward-looking statements". Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or realities may differ materially from those in forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made. Except as required by law, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/269915

News Provided by Newsfile via QuoteMedia

VZZ:CC
The Conversation (0)
Lahontan Announces Warrant Acceleration

Lahontan Announces Warrant Acceleration

Lahontan Gold Corp. (TSXV: LG,OTC:LGCXF) (OTCQB: LGCXF) (the "Company" or "Lahontan") is pleased to announce that the Company is electing to accelerate the expiry of outstanding common share purchase warrants (the "Warrants") issued on November 25, 2025, pursuant to the Company's non-brokered... Keep Reading...
Drilling at Swanson Gold Deposit Confirms Large-Scale Gold Discovery with 1.18 g/t Au over 255.04 metres and 1.65 g/t Au over 136.01 metres

Drilling at Swanson Gold Deposit Confirms Large-Scale Gold Discovery with 1.18 g/t Au over 255.04 metres and 1.65 g/t Au over 136.01 metres

LaFleur Minerals Inc. (CSE: LFLR,OTC:LFLRF, OTCQB: LFLRF, FSE: 3WK0) ("LaFleur Minerals" or the "Company") is pleased to report the results from its drilling to date at the Swanson Gold Project, highlighting new gold discovery zones with the presence of broad, continuous zones of gold... Keep Reading...
Excalibur Metals Commences Maiden Drilling Program at Spyglass Ridge

Excalibur Metals Commences Maiden Drilling Program at Spyglass Ridge

Excalibur Metals Corp. (TSXV: EXCL) ("Excalibur" or the "Company") is pleased to announce that the Phase 1 reverse-circulation ("RC") drilling program at the Spyglass Ridge gold-silver target ("Spyglass") is now underway at the Company's Bellehelen Project ("Bellehelen" or the "Project") in Nye... Keep Reading...
Fortune Bay Drills 9.9 g/t over 7.0 m within 3.7 g/t over 21.0 m in Large Step-Out from Box Deposit

Fortune Bay Drills 9.9 g/t over 7.0 m within 3.7 g/t over 21.0 m in Large Step-Out from Box Deposit

High-Grade Step-Out Supports Resource Growth Potential and Reinforces Upside at Goldfields Fortune Bay Corp. (TSXV: FOR,OTC:FTBYF) (FWB: 5QN) (OTCQB: FTBYF) ("Fortune Bay" or the "Company") is pleased to report new high-grade drill intersections from a large step-out hole from the Box Deposit,... Keep Reading...
Aurum Hits Multiple Thick Gold Intersections at BDT2

Aurum Hits Multiple Thick Gold Intersections at BDT2

Aurum Resources (AUE:AU) has announced Aurum hits multiple thick gold intersections at BDT2Download the PDF here. Keep Reading...
Extensive RC drilling program underway at Pinjin

Extensive RC drilling program underway at Pinjin

Kalgoorlie Gold Mining (KAL:AU) has announced Extensive RC drilling program underway at PinjinDownload the PDF here. Keep Reading...

Interactive Chart

Latest Press Releases

Related News