Valorem Resources Inc. It has come to the Company's attention that we have been the target of false statements being made by the-financialnews.com about the nature of our assets. We understand from an article published by the Globe & Mail earlier today, that the offending website has previously targeted another exploration company with an almost identically worded post about that particular company. Valorem wishes to [...]
Valorem Resources Inc. is pleased to announce that the Company has entered into an acquisition agreement dated January 29, 2021 to acquire the British Columbia project located in the Cariboo District. The BC Property comprises multiple tenure blocks totaling more than 4,000 ha, which strategically target the Transitional or Basalt Siltstone of the Barkerville Terrain. Pursuant to the Agreement, the Company will acquire [...]
Valorem Resources Inc. is pleased to announce that it has closed the first tranche of a non-brokered private placement. Pursuant to the First Tranche, the Company issued 8,889,998 units of the Company at a price of $0.10 per Unit for gross proceeds of $888,999.90. Each Unit consists of one common share of the Company and one transferable share purchase warrant . Each Warrant entitles the holder thereof to purchase one [...]
Valorem Resources Inc. is pleased to announce that it has planned a systematic exploration program to maximize the utilization of existing exploration-trench and other data for the Wings Shear project. This, coupled with new work, will enable Valorem to fill in gaps and quickly evaluate anomalies and structures to generate drill targets. The Company will use a combination of soil sampling and magnetic/VLF-EM geophysical [...]
Valorem Resources Inc. wishes to announce that a geophysics program is planned for its Black Dog banded iron formation gold exploration property in the Eastmain River-James Bay region of Quebec. A high-definition ground Magnetometer and Induced Polarization survey will cover the previously drilled Black Dog target which has returned gold geochemical anomalies, and multiple gold intercepts in diamond drilling in previous [...]
Valorem Resources Inc. is pleased to announce that further to its news release dated December 17, 2020, it has entered into and closed a definitive mineral property option agreement dated January 4, 2021 with WBN Prospecting Group, an arm’s length party to acquire a 100% interest in the Wing Shear property located in Newfoundland. The terms of the Option Agreement call for cash payments of $45,000 within five days [...]
Valorem Resources Inc. is pleased to announce that it has signed a non-binding Letter of Intent to acquire a 100% interest in the Wing Shear Zone property located in central Newfoundland, Canada and it is arranging a non-brokered private placement of securities. The term of the LOI call for cash payments of $45,000 on signing, $3,000,000 work commitments over 3 years and the issuance of 4.5 million shares of the Company [...]
Valorem Resources Inc. is pleased to announce that it has completed a Technical Report, in accordance with National Instrument 43-101, for the Black Dog Lake Property and has filed on SEDAR. The Technical Report was prepared by Darren L. Smith, M.Sc., P.Geo., of Dahrouge Geological Consulting Ltd., and titled “Technical Report on the Black Dog Lake Property, Canada”, effective date December 8th, 2020. The Company has an [...]
Valorem Resources Inc. is pleased to announce commencement of data compilation and exploration program planning for the Black Dog Lake Gold Property located in the James Bay Region of Quebec. Valorem is currently compiling available data from government, industry, and academic sources to define and rank the highest-priority target areas where future field work will be focused. Immediately following the detailed data [...]
JDF Explorations is pleased to announce that it has signed an asset purchase agreement for 32 lode mining claims Comprising the East Cortez Gold project, in Eureka County. The claims cover approximately 256 hectares in Eureka County, and are listed as active on the Bureau of Land Management (BLM) website (LR2000) and owned by Genesis Gold Corp of Park City Utah. The Vendor reports that the project is located approximately [...]
JDF Explorations Inc. is pleased to announce that it has signed a non-binding LOI with Talent Metals Mineração Ltda, a privately held Brazilian Corporation, to acquire an option to purchase up to a 100% undivided interest in and to the Option Property known as Gold Hills. The property straddles the border between Pernambuco and Paraíba states, northeastern Brazil and is comprised of four contiguous concessions totaling [...]
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