Valour (Copper and Zinc)
Property Description
On September 13, 2024, amended on October 16, 2024, the Corporation entered into an option agreement, pursuant to which the Corporation has been granted the right to acquire 50% of the title and interest in and to 34 mineral claims covering approximately 1,750 hectares located in the Province of Québec, Canada. 19 claims (“Block A”) are owned by a non-related party and 15 claims (“Block B”) are owned by the President, CEO and a director of the Corporation.
The Corporation earned an initial 50% interest in Block A as of December 31, 2024, and continues to hold a 50% interest as at December 31, 2025.
The Corporation earned an initial 50% interest and an additional 35% interest, in Block B in accordance with the dilution provisions of the agreement, resulting in a total interest of 85% as of December 31, 2024. As at December 31, 2025, the Corporation holds a 100% in Block B, following the conversion of the remaining interest, diluted below 10%, into a 2% NSR.
Exploration work on the property
In the fall 2024, an airborne electro-magnetic and magnetic survey was completed over the property an identified several anomalies likely to be caused by sulphide mineralization. This was followed up by surface prospecting and drilling consisted of 8 holes, totalling 1,326 metres in the fall of 2024. Further exploration work for the property is under consideration.
