Valhalla Metals Welcomes Concrete Support for the Ambler Access Road from the Trump Administration
Valhalla Metals Welcomes Concrete Support
for the Ambler Access Road from the Trump
Administration
Vancouver, British Columbia--(Newsfile Corp. - March 24, 2025) - Valhalla Metals Inc. (TSXV: VMXX)
(OTCQB: VMXXF) ("
Valhalla
" or the "
Company
") welcomes the recent announcements from White
House and Department of Interior.
On March 20, 2025, President Trump signed an executive order titled "Immediate Measures to Increase
American Mineral Production", invoking emergency powers under the Defense Production Act to
facilitate and elevate domestic mineral production as part of an effort to reduce U.S. reliance on foreign
nations for its mineral supply.
The Executive Order lays out several provisions such as streamlined permitting and financing support for
domestic critical metals projects. The order also emphasized the importance of developing domestic
mineral production to the maximum possible extent for the United States national security. More
specifically, federal agencies are directed to work with the Chair of the National Energy Dominance
Council (NEDC) to "…. identify priority projects that can be immediately approved or for which permits
can be immediately issued, and take all necessary or appropriate actions within the agency's authority to
expedite and issue the relevant permits or approvals". The Executive Order also instructs the
Department of Defense (DOD) to work with United States International Development Finance
Corporation (DFC) to provide financing for domestic critical mineral production projects.
Furthermore, in a press release dated March 20, 2025, the Department of Interior Secretary Doug
Burgum has taken additional and immediate steps to "…unleash Alaska's untapped natural resource
potential and support President Donald J. Trump's vision of American Energy Dominance."
The action taken by the Department of Interior (DOI) includes the revocation of public lands withdrawal in
order to convey these lands to State of Alaska that would help "…pave the way forward for the proposed
Ambler Road…".
These lands specifically refer to the first 20 miles of the Ambler Access Road located
on Bureau of Land Management (BLM) owned lands along the Alaska Pipeline corridor.
These lands are
also referred to "Public Land Order (PLO) 5150 Lands" that were deeded to the State of Alaska, but
have remained under federal control.
Secretary Burgum stated: "It's time for the U.S. to embrace Alaska's abundant and largely untapped
resources as a pathway to prosperity for the nation, including Alaskans."
Rick Van Nieuwenhuyse, Chairman of Valhalla stated: "These are huge and important announcements of
support from the Trump Administration for advancing development of an entire district of critical metals.
As Alaskans know all too well, the Ambler mining district was first identified as hosting important
quantities of copper, zinc, silver, gold, cobalt and germanium in the 1960s. It is high time that the federal
government recognizes the importance of having a domestic supply of metals that are vital to our
economy and our national defense, and is willing to take the actions necessary to achieve that objective.
We look forward to working with the Trump Administration, the State of Alaska and most importantly
local Alaska Native Corporations and Tribes to advance this remarkable opportunity."
The proposed Ambler Access Road is planned to cross Valhalla State mining claims at the Sun project
and would unlock a host of critical and strategic metals located in the Ambler Mining District - all metals
necessary for the green energy and transportation transition and to ensure a secure domestic supply
chains for these metals important to our economy and defense.
For more details, the full executive order can be found here:
Immediate Measures to Increase American
Mineral Production - The White House
For more details, the full DOI press release can be found here:
Interior Secretary Takes Steps to
Unleash Alaska's Extraordinary Resource Potential | U.S. Department of the Interior
About Valhalla Metals
Valhalla Metals Inc. is a mineral exploration and development company focused on the advancement of
its mineral projects towards feasibility. Valhalla's flagship project is the Sun copper-zinc-lead-gold-silver
VMS projects located in Ambler Mining District, Northwest Alaska. The Company also owns the
Smucker project, a high-quality copper-zinc-lead-gold-silver VMS project located in the Ambler Mining
District, Northwest Alaska. Valhalla Metals Inc. shares trade on the TSX-V under the ticker symbol
VMXX and OTCQB under the ticker symbol VMXXF. For more information about Valhalla, please visit
our website at
www.valhallametals.com
.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the
securities in the United States. The securities have not been and will not be registered under the United
States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and
may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S.
Securities Act and applicable state securities laws or an exemption from such registration is available.
For more information on the Company, please contact Valhalla Metals Inc.
Sorin Posescu, Chief Executive Officer
Email:
Forward-Looking Statements:
This news release contains forward-looking statements and forward-looking information within the
meaning of applicable securities laws. The use of any of the words "expect", "anticipate", "continue",
"estimate", "objective", "ongoing", "may", "will", "project", "should", "believe", "plan", "plans", "intends"
and similar expressions are intended to identify forward-looking information or statements.
The forward-
looking statements and information are based on certain key expectations and assumptions made by
the Company. Although the Company believes that the expectations and assumptions on which such
forward-looking statements and information are based, are reasonable, undue reliance should not be
placed on the forward-looking statements and information because the Company can give no assurance
that they will prove to be correct. Since forward-looking statements and information address future
events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results
could differ materially from those currently anticipated due to a number of factors and risks. Such factors
include, among others, the following risks: the need for additional financing; operational risks associated
with mineral exploration; fluctuations in commodity prices; title matters; and the additional risks identified
in the annual information form of the Company or other reports and filings with the TSX-V and applicable
Canadian securities regulators. Readers are cautioned that the foregoing list of factors is not exhaustive.
The forward-looking statements included in this news release are expressly qualified by this cautionary
statement. The forward-looking statements and information contained in this news release are made as
of the date hereof and the Company undertakes no obligation to update publicly or revise any forward-
looking statements or information, whether as a result of new information, future events or otherwise,
unless so required by applicable securities laws.
Neither the TSX-V nor its Regulation Services Provider (as that term is defined in policies of the
TSX-V) accepts responsibility for the adequacy or accuracy of this release.
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https://www.newsfilecorp.com/release/245763