ValOre Metals Corp. announced encouraging STEINERT ore sorting testwork results forValOre’s 100%-owned Pedra Branca Platinum Group Element Project in northeastern Brazil. Results from the ore sorting program, which used a set of 100 re-assayed and catalogued 5-cm samples of historical NQ drill core from the Esbarro PGE deposit, demonstrated distinct density responses for mineralized rock types, as well as barren granites and gneisses. Highlights from Ore Sorting Testwork at Esbarro Deposit: Sensor-based ore sorting testwork by STEINERT GmbH demonstrated excellent rock density sortability, evidenced by distinct X-Ray Transmission responses for both PGE mineralized and barren Pedra Branca rock types; Chromitite samples returned the most distinct XRT response, demonstrating the greatest potential for ore sorting technology to facilitate a high-grade fraction; Barren granite and gneiss samples exhibited a unique XRT response, indicating the potential to separate waste rock from PGE-mineralized rock allowing for less process dilution; PGE-mineralized dunite, peridotite and serpentinite samples displayed strong XRT response groupings, revealing further potential for sensor-based ore sorting; Re-assaying of historical drill core for STEINERT from the Esbarro PGE deposit returned the highest-grade drill core sample in the history of the project from a 5-centimetre (“cm”) sample of NQ drill core at 30.35 metres (“m”) depth in drill hole DD18ES15A: · 176.52 grams per tonne (“g/t”) palladium + platinum + gold (“2PGE+Au”)· Comprising 133.35 g/t Pd, 42.24 g/t Pt, and 0.93 g/t Au; Also returned 3.30 g/t rhodium (“Rh”), or 179.82 g/t 3PGE+Au. · PGE grades for the major lithologies selected for ore sorting testwork include: Chromitites (“Cr”, “Cr-reef”): 0.17-30.44 g/t 2PGE+Au (average 10.33 g/t, excluding sample from DD18ES15A grading 176.52 g/t 2PGE+Au); Dunites/peridotites/serpentinites/pyroxenites: 0.07-10.15 g/t 2PGE+Au (average 1.86 g/t); Granites/gneisses/amphibolites: barren. Based on the encouraging initial sortability test results, ValOre will broaden the scope for more thorough quantitative assessment with a 300 kilogram (“kg”) bulk sample to support additional testwork at STEINERT.