ValOre Metals (TSX:VO) focuses on high-quality metals and projects. The company's flagship uranium asset Angilak is located in Nunavut, Canada, covers 59,583 hectares, and has district-scale potential for uranium along with precious and base metals. The company is also exploring its Brazilian project targeting PGEs and gold.
The Angilak project has significant upside potential due to its land area and deposits. The area represents Canada’s highest grade uranium resource outside Saskatchewan and one of the highest grade uranium resources on a global basis, according to ValOre VP of exploration Colin Smith.
ValOre Metals is also exploring its Pedra Branca PGE project in northeastern Brazil. As another district-scale mining project, the asset covers 56,852 hectares with multiple PGE and gold deposits. Ownership of the asset gives ValOre control of an entire PGE belt. The company has three additional projects for future exploration: Hatchet Lake, Baffin Gold and Genesis.
The company a member of the Discovery Group, an alliance of nine publicly traded companies with a track record of successfully increasing shareholder value, often through tactful exits via mergers and acquisitions.
This ValOre Metals profile is part of a paid investor education campaign.*
Click here to connect with ValOre Metals (TSX:VO) to receive an Investor Presentation
Sprott Asset Management CEO John Ciampaglia has called 2022 a “Dawn of a New Nuclear Renaissance” as governments worldwide strive to reduce emissions and realize they won’t likely meet their targets with wind and solar power alone. Nuclear energy currently supplies 10 percent of the world’s electricity, and as more nuclear power plants remain in operation and new ones come online, demand for uranium, a crucial element used to produce nuclear energy, will continue to rise.
In fact, in Q3 2022, uranium price reached a yearly high of US$52.27, a US$10 increase from January 2022. Based on the projected demand increase and a dwindling supply, some analysts anticipate the spot price for uranium to double to US107.70 by 2030. Investors can capitalize on this potential growth through commodity investing, energy ETFs or stocks of miners targeting uranium. When investing in a miner, investors benefit from both market trends and the company’s growth and successes.
ValOre Metals (TSX:VO) is a Canadian exploration mining company focusing on high-quality metals and projects. Angilak, the company’s flagship uranium asset located in Nunavut, Canada, covers 59,583 hectares and has district-scale potential for uranium along with precious and base metals. The company is also exploring its Brazilian project targeting PGEs and gold.
ValOre is a member of the Discovery Group, an alliance of nine publicly traded companies with a track record of successfully increasing shareholder value, often through tactful exits via mergers and acquisitions. An experienced management team leads the company toward its goal of improving shareholder value at every opportunity.
Discovery Group’s track record of value creation includes over US$2.4 billion through mergers and acquisitions since 2016. The company’s track record includes Great Bear acquired by Kinross Gold for US$1.8 billion, Kaminak Gold acquired by Gold Corp for US$520 million and Northern Empire acquired by Coeur Mining for US$117 million. ValOre’s directors were involved in many of Discovery Group’s successes, including the Kaminak and Northern Empire acquisitions.
ValOre’s Angilak project has significant upside potential due to its land area and deposits. The area represents Canada’s highest grade uranium resource outside Saskatchewan and one of the highest grade uranium resources on a global basis, according to ValOre VP of exploration Colin Smith.
ValOre Metals is also exploring its Pedra Branca PGE project in northeastern Brazil. As another district-scale mining project, the asset covers 56,852 hectares with multiple PGE and gold deposits. Ownership of the asset gives ValOre control of an entire PGE belt. The company has three additional projects for future exploration: Hatchet Lake, Baffin Gold and Genesis.
An experienced management team leads ValOre towards creating shareholder value as it continues to explore its significant assets. The team’s expertise includes mineral exploration, corporate administration, and international finance. Combined with added support from the Discovery Group, ValOre is poised to continually increase shareholder value through the exploration of its district-scale assets.
Get access to more exclusive Uranium Investing Stock profiles here
Exploring District-Scale Uranium, PGE & Gold Projects
Valore Metals Corp. (TSXV: VO) is pleased to announce that the company will be presenting at Red Cloud's 2022 Fall Mining Showcase. We invite our shareholders and all interested parties to join us there.
The annual conference will be hosted in-person, at the Sheraton Centre Toronto Hotel from November 9-10, 2022.
Jim Paterson, CEO will be presenting on November 10th at 3:40pm Eastern Standard time.
For more information and/or to register for the conference please visit: https://redcloudfs.com/fallminingshowcase2022/.
We look forward to seeing you there.
For further information:
Valore Metals Corp.
Dustin Zinger
1.604.653.9464
contact@valoremetals.com
https://valoremetals.com/
News Provided by Newsfile via QuoteMedia
Highlights:
Advantages of HPSA:
Next Steps:
Alastair Clayton, Chairman, commented:
"We are pleased to announce the Term Sheet executed with DISA today to help facilitate Thor potentially becoming revenue-generating from US uranium and critical metals production. Moving our US uranium projects forward in a non-dilutionary manner has been a priority for some time. DISA is a world leader in its materials upgrading technology, and its patented HSPA process is considered a revolutionary, non-chemical technology.
"Importantly, DISA's NRC licensing process is expected to conclude soon. This would make DISA the first company to receive a Service Providers License to remediate abandoned uranium mine waste, a hugely appealing regulatory framework. A major benefit is that the process does more than just extract value, it also leaves behind a substantially improved local environment by remediating these historic legacy sites. Thor looks forward to working with DISA going forward as we move towards generating revenue from these recycled materials."
 |
Figure 1 - Example of Gen B modular HPSA components - Source: DISA
The Board of Thor Energy Plc has approved this announcement and authorised its release.
For further information on the Company, please visit the website or please contact the following:
Thor Energy PLC
Andrew Hume, Managing Director
Alastair Clayton, Non-Executive Chairman
Rowan Harland, Company Secretary
Tel: +61 (8) 6555 2950
Zeus Capital Limited (Nominated Adviser and Joint Broker)
Antonio Bossi / Darshan Patel / Gabriella Zwarts
Tel: +44 (0) 203 829 5000
SI Capital Limited (Joint Broker)
Nick Emerson
Tel: +44 (0) 1483 413 500
Yellow Jersey (Financial PR)
Dom Barretto / Shivantha Thambirajah / Bessie Elliot
thor@yellowjerseypr.com
Tel: +44 (0) 20 3004 9512
Competent Person Statement
The information in this report that relates to exploration results and exploration targets is based on information compiled by Andrew Hume, who holds a BSc in Geology (Hons). Mr Hume is an employee of Thor Energy PLC. He has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2012 Edition of the 'Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves' and is a qualified person under AIM Rules. Andrew Hume consents to the inclusion in the report of the matters based on his formation in the form and context in which it appears.
About Thor Energy Plc
The Company is focused on Hydrogen and Helium exploration which are crucial in the shift to a clean energy economy, with a portfolio that also includes uranium, and other energy metals. For further information on Thor Energy and to see an overview of its projects, please visit the Company's website at https://thorenergyplc.com/.
About DISA Technologies
Founded in 2018, DISA Technologies is revolutionizing mineral recovery with our patented High-Pressure Slurry Ablation (HPSA) technology-an innovative solution that upgrades critical minerals from mined ore and legacy waste. Serving both the mining and remediation sectors, we recover valuable resources that power industry, strengthen energy independence and restore contaminated sites to productive use. DISA's technology unlocks economic and environmental value, transforming how the world processes, remediates and recycles essential mineral assets. DISA is headquartered in Casper, Wyoming, with a satellite office in Westminster, Colorado.
A diversified critical minerals exploration company driving value from a world-class titanium-vanadium-iron discovery at its Radar project in Labrador, while developing high-potential uranium and lithium assets in Canada’s top jurisdictions. A partnership with Rio Tinto (ASX:RIO,NYSE:RIO,LSE:RIO) further strengthens Saga’s position in the global green energy transition.
Saga Metals (TSXV:SAGA,OTCQB:SAGMF,FSE:20H) is a Canadian mineral exploration company with a diversified portfolio of critical minerals assets in top-tier mining jurisdictions. The company’s flagship Radar titanium-vanadium-iron project in Labrador recently delivered significant drill results setting the stage for what could become a globally significant vanadiferous titanomagnetite (VTM) opportunity.
Early drilling has confirmed thick, high-grade layers of mineralization containing titanium, vanadium and iron — three metals essential to steelmaking, aerospace, defense and new energy storage technologies. The project covers the entire Dykes River intrusion, a large mineral system on par with some of the world’s best-known titanium-vanadium operations, such as Panzhihua in China and Tellnes in Norway. Geophysical surveys and drilling suggest that only a fraction of the 20-kilometre mineralized trend has been tested so far, leaving huge upside for further growth.
While Radar is currently the primary focus, Saga also maintains exposure to uranium and lithium through the Double Mer uranium property in Labrador and the Legacy lithium JV with Rio Tinto in Quebec. This balanced portfolio positions Saga to benefit from multiple high-demand supply chains supporting the global energy transition.
The Radar project is Saga’s current flagship asset located ~10 km from Cartwright, Labrador. With the potential to become a globally significant VTM discovery, the project covers 24,175 hectares over the Dykes River intrusion, a billion-year-old layered mafic complex comparable in scale to Greenland’s Skaergaard intrusion and analogous to globally recognized VTM systems at Panzhihua (China) and Tellnes (Norway).
The Double Mer uranium project is located in eastern central Labrador, 90 km northeast of Happy Valley, Goose Bay. The property lies between Lake Melville and Double Mer, both inlets off the Labrador Sea, and covers three high-priority uranium zones – Luivik, Nanuk and Katjuk – along an 18-kilometre mineralized trend.
Regional map of the Double Mer uranium project in Labrador, Canada
Project Highlights:
The Legacy lithium property is dedicated to expanding North America’s newest lithium district in the prolific James Bay region of Quebec. The projects span over 65,849 hectares and hosts the same geological setting along strike from Rio Tinto, Winsome Resources, Azimut Exploration and Loyal Lithium in the La Grande sub-province.
The North Wind project is located in west central Labrador, 16 km southwest of Schefferville, Quebec within the Labrador Trough.
Educated in business management and finance, Michael Stier has spent the past 15 years focused on and building expertise in capital markets. Experienced in corporate structure, finance, business development, IPOs, M&A and wealth management, Stier served as a CIBC IIROC licensed senior financial advisor, senior analyst for a private equity company and more recently holds executive and directorship roles with private companies and publicly listed issuers. He has consulted in industries including mining, oil & gas, fintech, VR, eSports, health, life sciences and biotech. In addition to Saga, Stier has acted for several public entities and currently sits on the board of GoldHaven Resources.
Terence Lee is a CPA with over nine years of finance experience in reporting under International Financial Reporting Standards. Lee has worked in financial planning, analysis and reporting for companies across various industries including mining, technology, real estate, life sciences, education and private healthcare. Lee graduated with a BA from Simon Fraser University, a Diploma of Accounting from UBC’s Sauder School of Business and articled with BDO LLP. Lee is CFO of various private and publicly listed companies.
With a Bachelor of Science in Geology, Michael Garagan has 15 years of experience in the exploration industry with projects across the world including Africa, Asia, North and South America. He encountered a diverse experience of deposit styles from gold to base metals in porphyry, orogenic, epithermal and VMS deposits to uranium and lithium pegmatites. Notable projects include B2 Gold’s Otjikoto project in Namibia, Night Hawk’s Colomac project in NWT, Unigold’s Neita project in the Dominican Republic, as well as Hudbay’s Lalor Mine in Snowlake, Manitoba.
Michael Waldkirch is a CPA and CGA with over 25 years of professional experience. Since 1998, he has led the accounting firm of Michael Waldkirch & Company, specializing in accounting, tax and business consultancy services to a wide variety of public and private companies. He has represented a wide variety of public corporations including mining, oil and gas and technology companies listed on the TSX, TSXV, NYSE-American, NASDAQ and OTC-BB. He has served as CFO of numerous Canadian and US publicly listed companies, including Gold Standard Ventures and Barksdale Resources and is currently an independent board member of US Gold Corp. (NASDAQ:USAU).
With 7 years of experience in mineral exploration, Harrison Pokrandt has worked on multiple styles of geology including porphyry, VMS, orogenic, Epithermal, and Carlin-style deposits throughout countries such as Canada, Nevada, Uzbekistan, Finland, Japan, and Mali. Primarily working in gold in multiple districts, Pokrandt has experience in exploration projects and mines within all stages of project development from grassroots to development projects as well as active mines. Some flagship projects he has experience with include B2Gold’s Fekola, Skeena Resources’s Eskay Creek, as well as B2Gold’s Back River Project. Pokrandt studied earth science at Carleton University and is currently employed at Scorpio Gold Corporation as VP of Exploration.
