ValOre Metals Corp. reported trench assay results from the Nambi and Trado® auger from the São Francisco pipeline targets at ValOre's 100%-owned Pedra Branca Platinum Group Elements Project in northeastern Brazil. Nambi Trenching PGE Assay Highlights: 17 metres (“m”) grading 0.80 grams per tonne palladium + platinum + gold (“g/t 2PGE+Au”), incl.

6.0 m grading 1.65 g/t 2PGE+Au – Trench TR22NB03; 6.0 m grading 1.28 g/t 2PGE+Au, incl. 4.0 m grading 1.77 g/t 2PGE+Au – Trench TR22NB02; 10 m grading 0.84 g/t 2PGE+Au, incl. 3.0 m grading 1.65 g/t 2PGE+Au – Trench TR22NB01.

São Francisco Trado® Auger PGE Assay Highlights: 2.5 m grading 1.05 g/t 2PGE+Au from surface – Trado® hole AD22SF02; 5.0 m grading 0.66 g/t 2PGE+Au from surface – Trado® hole AD22SF03; 1.5 m grading 0.89 g/t 2PGE+Au from surface – Trado® hole AD22SF012; 2.5 m grading 0.65 g/t 2PGE+Au from surface – Trado® hole AD22SF09. Exploration Update Summary: Nambi and São Francisco represent pipeline targets under evaluation by ValOre's sequential exploration methodology, which assesses the near-surface PGE potential of showings throughout the Pedra Branca district. At Nambi, 4 trenches totaling 108 m all exposed target ultramafic (“UM”) rocks, establishing an in situ geological trend of approximately 1.2 km.

PGE assays are reported herein for trenches TR22NB01 to TR22BB03 and 31 sample results are pending for the final trench (TR22NB004 – 31 m in length), which intercepted 21 m of UMs. At São Francisco, a total of 73 m in 20 Trado® auger holes have been drilled, with UMs encountered in all holes (61 m total). Assays are reported herein for 14 holes and are pending for 6 holes. Follow-up trenching is in progress, with 182 m in 4 trenches excavated thus far, and an aggregate of 123 m of UMs encountered in all trenches.

Trado® end of hole depths typically represent that the auger has entered impenetrable bedrock, so mineralization and UM rocks present at EOH remain open at depth and require follow-up core or RC drilling.