ValOre Bolsters Technical Team and Provides Update on Pedra Branca PGE Project Drill Program

VANCOUVER, British Columbia, June 18, 2020 (GLOBE NEWSWIRE) -- ValOre Metals Corp. ("ValOre"; TSX‐V: VO; OTC: KVLQF; FRANKFURT: KEQ0) ValOre today announced a significant strengthening of the Company’s technical team and an update on the 2020 core drill program for ValOre’s 100%-owned Pedra Branca Platinum Group Element Project (“PGE”, “2PGE+Au”) in northeastern Brazil.

Key Updates on ValOre’s 2020 PGE Exploration Programs:

• ValOre’s technical team grows to include technical advisors Robert A. Brozdowski, Ph.D., P.Geo., Robert Carpenter, Ph.D., P.Geo., and in-country Project Geologist, Thiago Diniz, P.Geo.;
• Selection of Servitec Foraco for upcoming drill program, with mobilization of drill rig and crews initiated immediately, with an expected drill-ready timeline of three weeks;
• For overview of the proposed 2020 exploration program at Pedra Branca, please see ValOre news release from April 27, 2020

“We are very proud of the technical team ValOre has now assembled, including the great minds and highly relevant experience of Dr. Robert Brozdowski and one of ValOre’s founders, Dr. Robert Carpenter. Colin Smith has effectively quarterbacked a world class team of in-house professionals and external consultants that have systematically extracted significant value from the Pedra Branca data set to-date. With the recent addition of the Brazilian expertise of Thiago Diniz, the team is now in the position to deploy a carefully constructed, high impact exploration program at Pedra Branca,” stated Jim Paterson, Chairman & CEO. “We look forward to a productive and safe working relationship with Servitec-Foraco as we commence our highly anticipated drill program at Pedra Branca – a district scale palladium/platinum project in north-eastern Brazil.”

ValOre Bolsters Technical Team

ValOre has added significant strength to the Company’s technical team with consulting exploration geologists and technical/corporate advisors Robert A. Brozdowski, Ph.D., P. Geo., and Robert Carpenter, Ph.D., P. Geo., bringing a combined 55+ years of exploration experience, direct expertise with PGE-enriched ultramafic systems, and a track record of significant discoveries. In addition, ValOre has hired an in-country Project Geologist, Thiago Diniz, M.Sc., P.Geo., to assist in the execution and management of upcoming 2020 exploration programs. They join Colin Smith, M.Sc., P.Geo., who oversees New Project Review for ValOre. See About ValOre’s Technical Team below.