ValOre Partners with VRIFY to Leverage AI Mineral Targeting Platform to Accelerate Discovery Process
ValOre Partners with VRIFY to Leverage AI Mineral Targeting Platform to Accelerate Discovery
Process
Vancouver, British Columbia, September 19th, 2024 - ValOre Metals Corp. (“ValOre”; TSX‐V: VO;
OTCQB: KVLQF; Frankfurt: KEQ0, “the Company”) today announced a partnership with VRIFY which
incorporates VRIFY’s cutting-edge Artificial Intelligence (“AI”) mineral targeting platform. This partnership
aims to both accelerate and enhance the mineral discovery process by taking an unbiased data-driven
approach combined with traditional geoscience methods to quickly identify areas with the highest potential
for mineralization. Work will commence immediately on data from ValOre’s 100% owned Pedra Branca
Platinum Group Elements (“PGE”, “2PGE+Au”) Project (“Pedra Branca”) in northeastern Brazil.
“We are excited to bolster and empower our Brazilian technical team with VRIFY’s expertise and cutting-
edge AI technology. Our collective focus will be on growth through discoveries and expanding known
resources at ValOre’s Pedra Branca palladium and platinum project,” stated ValOre Chairman & CEO, Jim
Paterson. “In addition, we will be looking to acquire additional precious metals projects in Brazil, a country
showing massive support for advancing mineral exploration and mining projects.”
“At VRIFY, we love big, high-potential projects and we are excited to partner with Jim and the ValOre team
to apply our proprietary algorithms and deep technical bench strength to hopefully play a role in ValOre’s
next discovery,” commented Steve de Jong, CEO of VRIFY Technology. “The mineral exploration industry
is going through a technological transformation which I believe will accelerate as every day we are seeing
more and more quantifiable proof of the positive impact AI can have on mineral discovery rates, which have
never been lower. It’s only a matter of time before the entire industry sees these benefits and we’re excited
at ValOre’s willingness to join us in helping catalyze the process.”
V
alOre and VRIFY will leverage a significant proprietary data set to target new discoveries and expand the
extent of known mineralized zones. The data is derived from exploration conducted at the Pedra Branca
PGE project, Ceara State, Brazil, including:
• 54 ,000 m of drilling data in 580 diamond / RC holes;
• 42,000 geochemical samples, including soils, rocks, trenching and Trado (auger drilling);
• Geophysical database, including magnetic and gamma surveys: regional airborne (government);
property-wide high-resolution airborne (>650km²) and ground geophysical surveys (>300km²);
• WorldView-3 satellite data, with imagery and spectral data covering all VO claims (51,096 ha);
Brazil is one of the few countries in the world currently supporting the mineral exploration and mining sectors
through tangible action in the permitting process. The following table shows some of the projects in Brazil
that have received milestone permits within the past few years:
Company Project Permit received** Date Commodity
Tristar Gold Castelo de Sonhos LP 29-Aug-24 Gold
G Mining Tocantinzinho LO 28-Aug-24 Gold
Ero Copper Tucumã LO 12-Jun-24 Copper
Brazil Potash Autazes LI 09-Apr-24 Potash (K)
Centaurus Metals Jaguar LP 05-Feb-24 Nickel
Fortescue Green Hydrogen-Ceara State LP 26-Oct-23 Green Hydrogen
Cerrado Gold Monte do Carmo* LP 29-May-23 Gold
Sigma Lithium Grota do Cirilo LO 10-Apr-23 Lithium
Hochschild Mara Rosa LI 10-Aug-22 Gold
* Monte do Carmo optioned to Hochschild (Mar 5,2024)
** LP (Preliminary License); LI (Installation License); LO (Operational License)
AI-Driven Exploration and Real-Time Insight
VRIFY’s AI mineral targeting software uses a combination of architectures to train predictive models with
data from a wide variety of exploration features. The approach leverages complex data relationships to
predict mineral exploration targets, streamlining the process of identifying viable mineral systems. The
automation of target generation will allow the trained model to be updated quickly with new data from
ongoing exploration work.
The available learning data points are separated between training and validation sets to train and test the
algorithm. This allows VRIFY to evaluate the performance metrics associated with predictive modelling.
Together with a stochastic approach in modelling, the results can be evaluated, and an uncertainty factor
can be associated with each of the AI-defined targets.
For more information, visit: https://vrify.com
Qualified Person (“QP”)
The technical information in this news release has been prepared in accordance with Canadian regulatory
requirements set out in NI 43-101 and reviewed and approved by Thiago Diniz, P.Geo., ValOre’s QP and
Vice President of Exploration.
About ValOre Metals Corp.
ValOre Metals Corp. (TSX‐V: VO) is a Canadian company with a team aiming to deploy capital and
knowledge on projects which benefit from substantial prior investment by previous owners, existence of
high-value mineralization on a large scale, and the possibility of adding tangible value through exploration
and innovation.
ValOre’s P edra Branca Platinum Group Elements Project comprises 45 exploration licenses covering a
total area of 51,096 hectares (126,260 acres) in northeastern Brazil. At Pedra Branca, 7 distinct PGE+Au
deposit areas host, in aggregate, a 2022 NI 43-101 inferred resource of 2.198 Moz 2PGE+Au contained in
63.6 Mt grading 1.08 g/t 2PGE+Au. ValOre’s team believes the Pedra Branca project has significant
exploration discovery and resource expansion potential. (CLICK HERE to download 2022 technical report*
and CLICK HERE for news release dated March 24, 2022).
*The 2022 Technical Report is entitled “Independent Technical Report –Mineral Resource Update on the
Pedra Branca PGE Project, Ceará State, Brazil” was prepared as a National Instrument 43-101 Technical
Report on behalf of ValOre Metals Corp. with an effective date of March 08, 2022. The 2022 Technical
Report by Independent qualified persons, Fábio Valério (P.Geo.) and Porfirio Cabaleiro (P.Eng.), of GE21,
commissioned to complete the mineral resource estimate while Chris Kaye of Mine and Quarry Engineering
Services Inc. (MQes), was commissioned to review the metallurgical information. The Mineral Resource
estimates were prepared in accordance with the CIM Standards, and the CIM Guidelines, using
geostatistical, plus economic and mining parameters appropriate to the deposit. Mineral Resources, which
are not mineral reserves, do not have demonstrated economic viability, and may be materially affected by
environmental, permitting, legal, marketing, and other relevant issues. Mineral Resources are based upon
a cut-off grade of 0.4 g/t PGE+Au, correlated to Pd_eq grade of 0.35 g/t, and were limited by an economic
pit built in Geovia Whittle 4.3 software and following the geometric and economic parameters as disclosed
in the 2022 NI 43-101 Technical Report,
On behalf of the Board of Directors,
“Jim Paterson”
James R. Paterson, Chairman and CEO
ValOre Metals Corp.
For further information about ValOre Metals Corp., or this news release, please visit our website at
www.valoremetals.com or contact Investor Relations at 604.646.4527, or by email at
ValOre Metals Corp. is a proud member of Discovery Group. For more information please visit:
http://www.discoverygroup.ca/
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This new s release contains “forward-looking statements” within the meaning of applicable securities laws.
Although ValOre believes that the expectations reflected in its forward-looking statements are reasonable,
such statements have been based on factors and assumptions concerning future events that may prove to
be inaccurate. These factors and assumptions are based upon currently available information to ValOre.
Such statements are subject to known and unknown risks, uncertainties and other factors that could
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anticipated or implied in the forward-looking statements. A number of important factors including those set
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