For 2022, the Company intends to keep the internally-financed exploration activity at approximately the same level as in 2021, with an initial exploration budget of at least
Summary of 2021 Exploration Programs
In 2021, Val-d'Or Mining completed four exploration campaigns covering a total of 17 prospects. The total amount spent on exploration activities was
In addition to the internally-financed exploration programs, the company was able to attract several option and joint venture partners. Those partners have committed to exploration programs that far exceed the internally-financed programs. During 2021, two of the Company's partners were particularly active:
About Val-d'Or
Val-d'Or
The Company has an expertise in the identification and generation of new projects, and in the early stages of exploration. The mineral interests are broad and range from gold, copper-zinc-silver, nickel-copper-PGE to industrial and energy minerals. After the initial value creation in the 100%-owned, or majority-owned properties, the Company seeks option/joint venture partners with the technical expertise and financial capacity to conduct more advanced exploration projects.
Contact:
Tel: 819-824-2808
Email: glenn.mullan@valdormining.com
Forward Looking Statements
This news release contains certain statements that may be deemed 'forward-looking statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words 'expects', 'plans', 'anticipates', 'believes', 'intends', 'estimates', 'projects', 'potential' and similar expressions, or that events or conditions 'will', 'would', 'may', 'could' or 'should' occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or realities may differ materially from those in forward looking statements. Forward looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made.
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