ValOre Approves Phase 2 of Metallurgical Testwork for Pedra Branca PGE project in Brazil: Program Underway in Partnership with the University of Cape Town Department of Chemical Engineering

Original announcement by tmx on

Company
ValOre Metals Corp.
Ticker
VO
Exchange
TSX
Region
Brazil
Primary commodity
Platinum
Secondary commodities
Gold, Palladium
Document categories
Metallurgy, Other
Extracted
2026-09-13 06:41:53 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

ValOre Metals Corp. has approved Phase II metallurgical testwork for its Pedra Branca PGE project in Brazil, focusing on scaling up bioleaching for weathered material and advancing flotation for fresh rock. The program, conducted with the University of Cape Town, supports the upcoming Preliminary Economic Assessment (PEA) targeted for late 2026.

Reasoning: The announcement details the transition from Phase I (proof of concept) to Phase II (scale-up/feasibility) metallurgical testing, highlighting both promising flotation results for fresh rock and the need for bioleaching to address refractory weathered material.

Positive factors

  • Phase II testwork focuses on scaling up a novel bioleaching process
  • Phase I flotation testing on fresh material showed promising palladium and platinum recoveries (70-80%)
  • Bioleaching identified as a potential route to improve PGE liberation from weathered material
  • Partnership with University of Cape Town for technical expertise

Negative factors

  • Phase I batch flotation on weathered material returned low recoveries
  • Weathered material identified as refractory

Facts used in scoring: 2

Classification and evidence

Refractory Orenegative

Ore requires oxidation/pressure treatment before recovery — a processing and recovery risk.

Why it applies: Phase I batch flotation on weathered material confirmed the refractory nature of the mineralization.

Evidence · text

“confirming the refractory nature of this material”

Mill Routeneutral

Processing via mill or concentrator (CIL, CIP, tank leach, flotation).

Why it applies: The program includes advancing conventional flotation and leaching for fresh rock material.

Evidence · text

“Advancing conventional flotation and leaching testwork for fresh rock material”

Heap Leach Routeneutral

Processing via heap leach — lower CAPEX and OPEX, lower recovery expected.

Why it applies: the document describes a heap_leach route ("heap leaching")

POX/BIOX Routeneutral

Pressure or bio-oxidation for refractory ore — high CAPEX and OPEX.

Why it applies: the document describes a pox_biox route ("bio-oxidation")

Single Domain Onlynegative

Testing limited to one composite or domain — representativeness not established.

Why it applies: only one composite was tested

Extracted facts

Stored fact records: 2. Some facts used in scoring do not have a stored record.

Metallurgical Results (2)

flotationPedra Branca · palladiumRecovery: 75 %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Pedra Branca
Commodity
palladium
Region
brazil
Reported Region
Brazil
Ticker
VO

Test Work

Program Status
preliminary
Test Type
flotation
Processing Route
flotation
Sample
Phase I flotation testing on fresh material

Recovery

Recovery
75 %
Recovery Basis
actual_test

Lab

Laboratory
Blue Coast Research

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2024-09-09T00:00:00.000Z

Dates

Event date
2026-02-09T00:00:00.000Z

Reasoning: Reported range of 70-80% for palladium recovery on fresh material.

Positive factors

  • Recoveries in the 70-80% range are promising for preliminary flotation

Evidence · text

“indicated potential palladium and platinum recoveries in the range of 70 - 80%”

Tags used in scoring

Mill Routeneutral

Processing via mill or concentrator (CIL, CIP, tank leach, flotation).

Why it applies: processing_route matches the flotation signal

flotationPedra Branca · platinumRecovery: 75 %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Pedra Branca
Commodity
platinum
Region
brazil
Reported Region
Brazil
Ticker
VO

Test Work

Program Status
preliminary
Test Type
flotation
Processing Route
flotation
Sample
Phase I flotation testing on fresh material

Recovery

Recovery
75 %
Recovery Basis
actual_test

Lab

Laboratory
Blue Coast Research

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2024-09-09T00:00:00.000Z

Dates

Event date
2026-02-09T00:00:00.000Z

Reasoning: Reported range of 70-80% for platinum recovery on fresh material.

Positive factors

  • Recoveries in the 70-80% range are promising for preliminary flotation

Evidence · text

“indicated potential palladium and platinum recoveries in the range of 70 - 80%”

Tags used in scoring

Mill Routeneutral

Processing via mill or concentrator (CIL, CIP, tank leach, flotation).

Why it applies: processing_route matches the flotation signal

How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.