# ValOre Doubled the Pedra Branca Resource on Two Decades of Prior Work Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/valore-doubled-the-pedra-branca-resource-on-two-decades-of-prior-work--762509ae-2a2d-4b56-9126-d0a05d815682 Original source: https://www.cruxinvestor.com/posts/valore-doubled-the-pedra-branca-resource-on-two-decades-of-prior-work Publisher: cruxinvestor Original announcement: 2026-08-20T00:00:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: ValOre Metals - Ticker: VO - Exchange: Unavailable - Region: Ceará State, Brazil - Primary commodity: Platinum - Secondary commodities: Palladium, Gold - Document categories: Resource update - Extracted: 2026-08-20 07:36:35 UTC Narrative sentiment: 0.80 · Bullish ## Minestarters Atlas summary ValOre Metals has reported that its Pedra Branca PGE project inferred resource has doubled to 2.2 million ounces, covering 63.3 million tonnes at 1.08 g/t combined platinum, palladium, and gold. The estimate, effective March 8, 2022, was supported by 23,534 metres of drilling completed by the company between 2020 and 2024. Reasoning: The inferred resource has doubled in size to 2.2 million ounces, representing significant scale growth, though it remains entirely in the inferred category. - Positive factor: Tonnage growth - Positive factor: Contained metal growth - Negative factor: All Inferred Low confidence — this extraction should be reviewed alongside the original source. Facts used in scoring: 3 ## Classification and evidence **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: The resource is explicitly described as an inferred resource. Evidence · text > doubled the inferred resource to 2.2 million ounces **All Inferred** Polarity: negative Definition: 100% of resource is Inferred category — very early stage, no engineering confidence. Why it applies: The entire 2.2 million ounce resource is categorized as inferred. Evidence · text > doubled the inferred resource to 2.2 million ounces **Tonnage Growth** Polarity: positive Definition: Significant tonnage increase \(≥15%\) vs prior estimate with grade maintained or improved. Why it applies: The resource doubled in scale, implying significant tonnage growth. Evidence · text > the inferred resource doubled from 1.1 million ounces to 2.2 million ounces **Contained Metal Growth** Polarity: positive Definition: True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes. Why it applies: Contained metal increased from 1.1 million ounces to 2.2 million ounces. Evidence · text > the inferred resource doubled from 1.1 million ounces to 2.2 million ounces ## Extracted facts Stored fact records: 3. Some facts used in scoring do not have a stored record. ## Resource Estimates (3) ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/valore-doubled-the-pedra-branca-resource-on-two-decades-of-prior-work--762509ae-2a2d-4b56-9126-d0a05d815682#fact-resource-facts-0) platinum #### Identity - Commodity: platinum - Ticker: VO #### Resource Data - Category: inferred - Tonnes: 63300000 - Grade: 1.08 - Grade Unit: g/t #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-08-20T00:00:00.000Z Reasoning: Resource doubling in scale. - Positive factor: Tonnage growth - Positive factor: Contained metal growth - Negative factor: All Inferred Evidence · text > the inferred resource doubled from 1.1 million ounces to 2.2 million ounces. The resource covers 63.3 million tonnes \(Mt\) grading 1.08 grams per tonne \(g/t\) platinum, palladium, and gold ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/valore-doubled-the-pedra-branca-resource-on-two-decades-of-prior-work--762509ae-2a2d-4b56-9126-d0a05d815682#fact-resource-facts-1) palladium #### Identity - Commodity: palladium - Ticker: VO #### Resource Data - Category: inferred - Tonnes: 63300000 - Grade: 1.08 - Grade Unit: g/t #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-08-20T00:00:00.000Z Reasoning: Resource doubling in scale. - Positive factor: Tonnage growth - Positive factor: Contained metal growth - Negative factor: All Inferred Evidence · text > the inferred resource doubled from 1.1 million ounces to 2.2 million ounces. The resource covers 63.3 million tonnes \(Mt\) grading 1.08 grams per tonne \(g/t\) platinum, palladium, and gold ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/valore-doubled-the-pedra-branca-resource-on-two-decades-of-prior-work--762509ae-2a2d-4b56-9126-d0a05d815682#fact-resource-facts-2) gold #### Identity - Commodity: gold - Ticker: VO #### Resource Data - Category: inferred - Tonnes: 63300000 - Grade: 1.08 - Grade Unit: g/t #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-08-20T00:00:00.000Z Reasoning: Resource doubling in scale. - Positive factor: Tonnage growth - Positive factor: Contained metal growth - Negative factor: All Inferred Evidence · text > the inferred resource doubled from 1.1 million ounces to 2.2 million ounces. The resource covers 63.3 million tonnes \(Mt\) grading 1.08 grams per tonne \(g/t\) platinum, palladium, and gold ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.