VALOREM RESOURCES INC. announced that, effective March 28, 2023, it has appointed Jonathan Victor Hill to the board of directors of the Company. Mr. Hill is an economic geologist with over 35 years of experience globally, in exploration, project development and mining operations, and has been directly involved in the discovery of several world-class projects within both greenfield and brownfield areas. Mr. Hill founded Exploration Outcomes Ltd. in 2017 and acted as principal advisor.

Mr. Hill provides specialist support to a number of companies, including Jaguar Mining, Lavras Gold and Santana Resources. Mr. Hill is non executive director and chairman of Royal Road Minerals and a non executive director of Stratabound Minerals. He holds a BSc (Hons) Economic Geology from the University of Cape Town, South Africa and a BAppSc.

Applied geology from the Queensland University of Technology, Australia, and is a fellow of the Australian Institute of Mining and Metallurgy.