ValOre Appoints Engineering Company Lycopodium to Advance Pedra Branca PEA Study

Core Viewpoint - ValOre Metals Corp. has appointed Lycopodium Marine & Modular Pty Ltd as the lead process engineering consultant for the Preliminary Economic Assessment (PEA) of its Pedra Branca Platinum Group Elements project in Brazil, aiming to enhance the project's development and align with industry standards [1][2]. Company Overview - ValOre Metals Corp. is a Canadian company focused on projects with substantial prior investment and high-value mineralization, aiming to add value through exploration and innovation [6]. - The Pedra Branca project encompasses 45 exploration licenses over 51,096 hectares in northeastern Brazil, with an inferred resource of 2.198 million ounces of 2PGE+Au at a grade of 1.08 g/t [7][8]. Engineering Consultant Appointment - Lycopodium will provide process engineering and study support services to advance Pedra Branca towards a PEA that conforms to National Instrument 43-101 standards [2]. - The scope of Lycopodium's work includes process flowsheet development, mass and energy balances, equipment selection, and cost estimates [7]. Lycopodium's Expertise - Lycopodium has over 30 years of experience in the resources industry, having designed and built numerous mineral processing plants with capacities exceeding 85 million tonnes per annum [4]. - The company has a proven track record in delivering value-optimized process plants on budget and schedule, enhancing confidence in the Pedra Branca project's development [3][4]. Project Development Outlook - ValOre's CEO expressed confidence in the successful development of the Pedra Branca project due to Lycopodium's expertise and the strong global demand for new sources of Platinum Group Elements [2].