Valorem Resources Inc. (“Valorem”, CSE: VALU, Frankfurt: X37)
is an exceptional gold exploration company working on a Tier-1 gold opportunity in the Democratic Republic of the Congo (DRC), in Misisi.
Board of Advisors
Robert Cross has more than 30 years of experience as a founder, financier and advisor in the mining and oil & gas sectors. He currently is a Co-founder and Chairman of B2Gold Corporation (since 2007) which now produces over 1,000,000 ounces of gold annually from three mines in Asia and Africa, and he is also currently a Co-founder and Chairman of Standard Lithium Ltd. (since 2018), which is developing a large lithium resource in Arkansas.
From 2004 until 2016, Mr. Cross served as Chairman of Bankers Petroleum and oversaw production growth from 600bbl/d to 24,000bbl/d in a large onshore heavy oilfield in Albania. From 2002 until October 2007, he served as Chairman of Northern Orion Resources Inc., a copper developer active in Argentina which was sold to Yamana Gold in 2007 for $1.4B. For those companies that he served as Chairman in the last 20 years, Mr. Cross has been very active in the capital markets, helping to raise equity (over $1Billion) and debt capital, and is well known in London, New York, and Toronto. In addition to raising capital, Mr. Cross is a seasoned advisor, not only providing general advice but he also has extensive experience in recruiting top talent, and guiding large projects from the Board level.
Between 1996 and 1999, Mr. Cross was Chairman and Chief Executive Officer of Yorkton Securities Inc. From 1987 to 1994, he was a Partner, Investment Banking with Gordon Capital Corporation in Toronto. Mr. Cross has an Engineering Degree from the University of Waterloo and received his MBA from Harvard Business School in 1987.
Paul Matysek is a geologist/geochemist by training, with over 40 years of experience in the mining industry. Since 2004, as either Chief Executive Officer (“CEO”) or Executive Chairman, Mr. Matysek has sold six publicly listed mineral exploration and development companies, in aggregate worth over $2.5 billion. Most recently in June 2021, as CEO, Mr. Matysek sold Gold X Mining Corp. to Gran Colombia Gold Corp. for over $315 million in an all-share transaction. In March 2018, as Executive Chairman, Mr. Matysek sold Lithium X Energy Corp. to Nextview New Energy Lion Hong Kong Limited for $265 million in cash. Earlier, in July 2016, Mr. Matysek, as President and CEO, sold Goldrock Mines Corp. to Fortuna Silver Mines Inc. He was also previously CEO of Lithium One Inc., which merged with Galaxy Resources Limited of Australia to create a multi-billion-dollar integrated lithium company. Mr. Matysek served as CEO of Potash One Inc., which was acquired by K+S Ag for $434-million cash in a friendly takeover in 2011. Mr. Matysek was also the co-founder and CEO of Energy Metals Corp., a uranium company that grew from a market capitalization of $10 million in 2004 to approximately $1.8 billion when sold in 2007.
Valorem Resources Overview
The Misisi property has already been certified with 3 million ounces of gold in a NI 43-101 Technical Report, with an expansive history of drilling and multiple large-scale corporate transactions for business sales.
With the increase in geopolitical stability created by the most recent president, the DRC possesses vast gold resource opportunities. Thus, major companies, including Barrick and large Chinese mining companies, have invested billions into the same region. Retail and institutional investors have the unique opportunity to invest into gold as a robust store of value.
Valorem has an experienced team with an exceptional track record and is well-positioned to emerge as a world-class mining company.
China Moly announces US$2.5B investment to double copper-cobalt production at Tenke Fungurume (August 2021)
China Moly buys 95% of DRC copper-cobalt mine from Freeport for US$550M (December 2020)
DRC and Barrick Renew Mutual Commitment to Developing Country’s Great Potential (April 2019)
CITIC Metal to acquire a 19.9% stake in Ivanhoe Mines for C$723M (June 2018)
Zijin Mining to acquire 49.5% of Ivanhoe’s Kamoa for US$412M (December 2015)
Minmetals Resources Ltd. Acquires Anvil Mining for US$1.3B (March 2012)
Exploration Upside & Long-Term Growth
Multiple Deposits Beyond Akyanga: Sixteen significant gold soil anomalies in 55km of prospective strike. Six targets drill ready – defined by soils, trenching and scout drilling.
Akyanga East: Parallel structure located 800 metres east of Akyanga and host to an exploration target at a grade of +2.0 g/t Au.
Lubitchako: Three zones of artisanal workings w/main zone strike 1.4km. Parallel quartz vein zone up to 60m wide. Shallow drilling returned 4.6m @ 6.08 g/t Au.
Tulonge: Over 5km trend of quartz veins and artisanal workings. Shallow drilling returned values of 6.2m @ 5.2 g/t Au, 5.9m @ 7.15 g/t Au, and 4.0m @ 5.04 g/t Au.
Ngalula: Parallel zones of high grade soil gold across 7km strike. Main zone over 600m wide by 3.5km long. Trenching highlights 6m @ 5.8 g/t Au.
Long Term Strategy
Capitalize on other opportunities within the world-class gold belt