Palladium

ValOre Metals CEO Jim Paterson

ValOre Metals CEO Jim Paterson said, "This year, the siren call was too strong and compelling with the closing of a C$11 million financing for our Angilak property. Our strategy is to work to expand resources."

ValOre Metals (TSXV:VO,OTCQB:KVLQF,FWB:KEQ0) has upsized its original gross proceeds of C$7 million to C$11 million, ensuring full financing for an exploration program at the company’s Angilak property.

ValOre Metals CEO Jim Paterson expounded on his excitement to get going in 2022 and deliver value.


“This year, the siren call was too strong and compelling with the closing of C$11 million financing for our Angilak property,” Paterson said. "Our strategy is to work to expand resources. We've got four targets that are adjacent to inferred resource zones and then there are about 20 targets. We just have to get after it, make the discoveries and show that it merits more attention."

The 2022 Angilak exploration program will be composed of multi-faceted campaign - core drilling, enzyme leach soil sampling, ground geophysics, ground magnetics and VLF-EM. It will also cover district-wide prospecting, sampling and mapping.

The Angilak uranium project in Nunavut Territory holds Canada’s highest-grade uranium resource outside of Saskatchewan. It spans 49,619 hectares with district-scale potential for uranium, precious and base metals. It has a 2013 NI 43-101 Inferred Resource of 2,831,000 tonnes grading 0.69 percent U3O8, totaling 43.3 million pounds U3O8.

ValOre Metals CEO Jim Paterson said, “The long term and the short term goals of it is, we are funded for 2022 and we're going to spend at least C$11 million. We've got targets that are too numerous to mention, so in the midst of all the hoopla around the uranium price and the equities, we will be active and we're already funded and ready to rumble.”

Watch the full interview of ValOre Metals CEO Jim Paterson above.

Disclaimer: This interview is sponsored by ValOre Metals (TSXV:VO,OTCQB:KVLQF,FWB:KEQ0). This interview provides information that was sourced by the Investing News Network (INN) and approved by ValOre Metals in order to help investors learn more about the company. ValOre Metals is a client of INN. The company’s campaign fees pay for INN to create and update this interview.

INN does not provide investment advice and the information on this profile should not be considered a recommendation to buy or sell any security. INN does not endorse or recommend the business, products, services or securities of any company profiled.

The information contained here is for information purposes only and is not to be construed as an offer or solicitation for the sale or purchase of securities. Readers should conduct their own research for all information publicly available concerning the company. Prior to making any investment decision, it is recommended that readers consult directly with ValOre Metals and seek advice from a qualified investment advisor.

This interview may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, receipt of property titles, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. The issuer relies upon litigation protection for forward-looking statements. Investing in companies comes with uncertainties as market values can fluctuate.

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