Val-d'Or Mining Enters into Mineral Claim Purchase Agreement
Val-d'Or Mining Enters into Mineral Claim
Purchase Agreement
Val-d'Or, Québec--(Newsfile Corp. - October 9, 2025) - 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:
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