Val-d'Or Mining Corporation Commences Geochemical Program on Nine Quebec Properties
Val-d'Or Mining Corporation Commences
Geochemical Program on Nine Quebec
Properties
Val-d'Or, Quebec--(Newsfile Corp. - July 15, 2021) -
Val-d'Or Mining Corporation
(TSXV: VZZ) ("
Val-
d'Or Mining
" or the "
Company
") commenced a geochemical program on nine (9) of its Quebec
properties. The 100%-owned properties are located in the Abitibi Greenstone Belt and are prospective
for precious metals (gold, silver) and base metals (copper, zinc and molybdenum).
As part of the program, the Company will collect samples along property wide grids and conduct
biogeochemical, soil and rock assays.
The Company has allocated a total budget of approximately $150,000 for this program. The nine (9)
properties are:
Barraute, Val-d'Or Mining Camp - copper, zinc, silver
Hazen, Quévillon-Miquelon Mining Camp - gold, copper, zinc, silver
Lac Fiedmont, Val-d'Or Mining Camp - copper, zinc, silver
Lac Lemoyne, Val-d'Or Mining Camp - gold
LockOut, Cadillac Mining Camp - gold
Petit Lac Noir, Val-d'Or Mining Camp - copper, zinc, silver
Steeloy, Cadillac Mining Camp - molybdenum
Threshold 85, Chapais-Chibougamau Mining Camp - copper-gold, zinc, silver
Venus New, Val-d'Or Mining Camp - gold
The Company will report in more detail about the results after the completion of the program at the end of
the year.
Michael P. Rosatelli P.Geo. (OGQ Special Authorization Permit; PGO #0855), the Vice President of
Exploration of Val-d'Or Mining is the Qualified Person (as that term is defined in National Instrument 43-
101 - Standards of Disclosure for Mineral Projects) who approved the technical disclosures included in
this news release.
About Val-d'Or Mining Corporation
Val-d'Or Mining Corporation
is a publicly-listed 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, targeting both precious and base metals. 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.
The Company has expertise in the identification and generation of new projects ("prospect
generation"), and in early-stage "grass-roots" exploration. The mineral commodities of interest are
diverse, and range from precious and base metals (gold, copper-zinc-silver, nickel-copper-PGE) to
industrial and energy minerals and commodities. After the initial value creation in the 100%-owned, or
majority-owned properties, the Company seeks option/joint venture partners with the technical
expertise and financial capacity to conduct more advanced exploration projects.
For additional information, please contact:
Glenn
J.
Mullan
2864
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.
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