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Valhalla Metals Inc.

TSXV:VMXXLive AI agent

Valhalla Metals Inc (VMXX) (VMXXF) is engaged in the business of mineral exploration and development with two assets located along the southern flank of the Brooks Range, NW Alaska.

Investor website: https://valhallametals.com/

About

Valhalla Metals Inc (VMXX) (VMXXF) is engaged in the business of mineral exploration and development with two assets located along the southern flank of the Brooks Range, NW Alaska. These projects are located in a prolific VMS mineral belt with opportunity to expand on already known high-grade mineralization and resources. Alaska is a mining friendly tier 1 jurisdiction with several world-class deposits (Red Dog, Fort Knox, Donlin, Greens Creek, Arctic, Pebble). Valhalla is led by an award-winning management team and board with track records for major discoveries and project development. Valhalla represents an excellent opportunity to gain exposure to two high-quality, high-grade copper-zinc-precious metals projects in Alaska.

Verified company data

Cash position
Exact figure not available
Shares outstanding
37,312,736
Fully diluted shares
83,225,336
Projects
["Sun Project: A high-grade Cu-Zn-Pb-Au-Ag VMS project with a 43-101 resource, 392 state mining claims across 62,720 acres in the Ambler Mining District. 1.7Mmt @ 3.7% Indicated resource · CuEq, 9.0Mmt @ 3.6% Inferred resource · CuEq, 100 DDH Drill holes completed, 20,227m Meters drilled to date. Project Snapshot: Location: Ambler Mining District, Alaska, U.S.A. Property: Resource stage, Cu-Zn-Pb-Au-Ag VMS project. Land Package: 392 state mining claims, 62,720 acres adjacent to Ambler Metals. Access: Fixed wing aircraft; approved Ambler Road to cross Valhalla claims near the existing airstrip. Infrastructure: Airstrip, new 24-person camp (2023). Geophysics: 2019 airborne VTEM survey; 2021–2022 reprocessing and conductive plate modeling. Sun 43-101 Mineral Resource EFFECTIVE OCTOBER 1, 2021 · $75 GMV CUTOFF: INDICATED 1.71 Mt, INFERRED 9.02 Mt, ZINC 4.32 / 4.18 %, COPPER 1.48 / 1.21 %, LEAD 1.11 / 1.46 %, SILVER 60 / 81.7 g/t, GOLD 0.21 / 0.25 g/t. Contained metal (Ind + Inf): 994 Mlbs Zn · 295 Mlbs Cu · 332 Mlbs Pb · 27.0 Moz Ag · 85 koz Au. Drilled to <200 m depth; open along strike and down-dip. The Grade: Historic High-Grade Intercepts: Hole Sun11-24: From (m) 67.5 To (m) 86 Length (m) 18.5 CuEq % 6.24 Cu % 1.49 Pb % 3.13 Zn % 9.34 Au g/t 0.22 Ag g/t 78. Exploration History: 1966–86 Bear Creek (Kennecott) Picnic Creek discovery: geochemistry, mapping, geophysics, trenching, drilling. 1974 Sunshine Mining Co Main Sun discovery: geochemistry, mapping, IP, drilling. 1975–84 Ambler Mining Co SW Sun discovery: geologic mapping, geochemistry, geophysics, drilling. 1975–85 Noranda Geologic mapping, drilling. 1976–83 Sunshine Mining Co Geologic mapping, trenching, soil sampling. ANILCA Passed (1980). 1985–86 Cominco Drill core re-logging, geochemistry, drilling. 2007–14 Andover Core re-logging, mapping, drilling, 43-101 resource estimate. 2017–22 Valhalla Metals Airborne EM + magnetics (VTEM), geochemistry, resource estimate. 2023 Valhalla Metals New 24-person camp; 4 holes / 1,104 m; 6 historic holes relogged. Latest Program: 2023 Drilling Highlights: Four holes for 1,104 meters focused on expanding known mineralization at the Sun Deposit, plus relogging of six historic holes (1,416 m), LiDAR/orthophoto coverage and a ground gravity survey from the new 24-person camp. Hole Sun23-01: From (m) 175.58 To (m) 189.32 Length (m) 13.7 CuEq % 3.07 Cu % 1.24 Pb % 0.92 Zn % 3.45 Au g/t 0.16 Ag g/t 55.79. The Upside: Untested Potential: The Sun 43-101 resource has been drilled to less than 200 m depth. First-pass VTEM modeling shows a possible down-dip extension of more than 900 vertical meters, none of which has been drill-tested.","Smucker Project: Ag-Au-rich VMS with a Historic Resource of 11.8 Mt @ 6.27% CuEq, 24 DDH from 1978–1991, covering 21,600 Acres. Explore Smucker."]
Leadership
LEADERSHIP TEAM BOARD OF DIRECTORS RICK VAN NIEUWENHUYSE | Chairman & Director • President & CEO of Contango Ore, developing the Manh Choh project with Kinross Gold and the Tetlin Alaska Native Tribe • Founder of NovaGold, currently permitting the 40Moz Au Donlin Gold Project • Founder of Trilogy Metals, currently developing the Arctic Deposit with South32 • Winner of the 2015 Colin Spence Award for Excellence in Mineral Exploration from AMEBC • Winner of the 2009 Thayer Lindsley Award from the PDAC for the Donlin Gold Discovery SORIN POSECU | President, CEO & Director • 25 years of experience in the natural resource sector with several discovery credits • Former VP Exploration of Brixton Metals and former president of RomStar Geoscience Corp. • Held technical positions with NovaGold Resources, Sierra Geothermal and Brixton Metals • Founder of a precious metals royalties company, sold to a publicly traded royalties company JOE PIEKENBROCK | Director • +30 years of experience in mineral exploration and development • Chief Exploration Officer of Western Alaska Minerals • Former VP Exploration of NovaGold Resources and NovaCopper • Winner of the 2015 Colin Spence Award for Excellence in Mineral Exploration from AMEBC • Winner of the 2009 Thayer Lindsley Award from the PDAC for the Donlin Gold Discovery CURT FREEMAN | Director • US Certified Professional Geologist licensed in the State of Alaska • Formed Avalon Development Corp in 1985, a geologic exploration services company responsible for the discovery of the Manh Choh deposit now in production • Founding Director of Tectonic Metals Inc., Valhalla Metals Inc. and is on the Technical Advisory Boards of Metallic Minerals, Group Ten Metals, and Granite Creek Copper • BSc at College of Wooster in Ohio and a MSc at University of Alaska-Fairbanks MANAGEMENT SORIN POSECU | President, CEO & Director MIHAI DRAGULEASA | CFO & Corporate Secretary • Chartered Professional Accountant (CPA) with over 10 years of professional experience • His experience at Deloitte Ernst & Young included due diligence reviews, audit and tax recoveries projects for large and medium mining companies BONNIE BROMAN | VP EXPLORATION • +15 years of experience in the natural resource sector most often working in remote exploration sites throughout Alaska and Montana • Worked on the Ambler Mining VMS District with Trilogy Metals, Nixon Fork high-grade skarn gold mine, and the Black Butte Copper deposit • Managed remote logistics and training on several projects • Responsible for target generation and geological modeling

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