Article

ValOre Metals Corp. has started Phase II metallurgical testwork for its Pedra Branca Platinum Group Elements project in Brazil, following board approval. Conducted in partnership with the University of Cape Town, the testwork supports a Preliminary Economic Assessment expected by the end of 2026.

It focuses on scaling a bioleaching process, assessing heap leaching feasibility, and advancing flotation and leaching testwork for fresh rock. Phase I results indicated 70-80% recoveries for fresh material, while weathered material showed low recoveries. The project covers 51,096 hectares and has an inferred mineral resource of 2.2 million ounces of 2PGE+Au grading 1.08 g/t.