DISCLAIMER
Valor Gold Corp. (“Valor”) has taken reasonable care in producing and publishing information contained on this website, and will endeavor to do so regularly. Material on this site may still contain technical or other inaccuracies, omissions, or typographical errors, for which Valor assumes no responsibility.
Valor does not warrant or make any representations regarding the use, validity, accuracy, completeness or reliability of any claims, statements, maps, diagrams, illustrations or information on this site. Valor makes no warranty that all or any of such information is suitable for use for any particular purpose.
Under no circumstances, including, but not limited to, negligence, shall Valor be liable for any direct, indirect, special, incidental, consequential, or other damages, including, but not limited to, loss of programs, loss of data, loss of use of computer or other systems, or loss of profits, whether or not advised of the possibility of damage, arising from your use, or inability to use, the material on this site.
The information is not a substitute for independent professional advice before making any investment decisions and independent professional advice is recommended. Furthermore, you may not modify or reproduce in any form, electronic or otherwise, any of the information contained in this site, except for your own personal use unless you have obtained our express permission. Valor makes no representations about information available on any other site that you may access through this site.
When you access a non-Valor site from this website, you are accessing an independent site over which Valor has no control and takes no responsibility, and you do so at your sole risk.
Valor respects the privacy of the individual and is committed to maintaining the confidentiality of information provided through its website. Company announcements may be sent through the news wire provider under a private use agreement.
CAUTIONARY NOTE REGARDING FORWARD-LOOKINGSTATEMENTS
This website and the documents posted on this website contain forward-looking statements within the meaning of Canadian securities laws concerning future events or future performance with respect to the Courageous Lake Project (as herein after defined), business approach and plans, including production, capital, operating and cash flow estimates; the potential acquisition of interests in mineral properties; requirements for additional capital; the timing of completion and success of exploration and advancement activities, community relations, required regulatory and third party consents, permitting and related programs in relation to the Courageous Lake Project; the price of gold and the strength of gold markets internationally; the estimated amount and grade of mineral reserves and mineral resources and the potential to upgrade inferred resources to higher resource categories; estimates of the capital costs of constructing mine facilities and bringing a mine into production, of sustaining capital and the duration of financing payback periods; the estimated amount of future production; and estimates of operating costs, life of mine costs, internal rate of return (IRR), net present value (NPV) and economic returns from an operating mine.
Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives or future events or performance (often, but not always, using words or phrases such as “expects”, “anticipates”, “believes”, “plans”, “projects”, “estimates”, “intends”, “strategy”, “goals”, “objectives” or variations thereof or stating that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved, or the negative of any of these terms and similar expressions) are not statements of historical fact and may be forward-looking statements and forward-looking information (collectively referred to in the following information simply as “forward-looking statements”). In addition, statements concerning mineral reserve and mineral resource estimates constitute forward-looking statements to the extent that they involve estimates of the mineralization expected to be encountered if a mineral property is developed and the economics of developing a property and producing minerals.
Forward-looking statements are necessarily based one estimates and assumptions made by Valor in light of its experience and perception of historical trends, current conditions and expected future developments. In making the forward-looking statements on this website and in the documents posted on this website, Valor has applied several material assumptions including, but not limited to, the assumption that: market fundamentals will result in sustained demand and prices for gold; the potential for production at the Courageous Lake Project will continue operationally, legally and economically; any additional financing needed will be available on reasonable terms; estimated reserves and resources at the Courageous Lake Project have merit and there is continuity of mineralization as reflected in such estimates; the presence of and continuity of metals at Valor’s projects at estimated grades; the availability of personnel, machinery and equipment at estimated prices and within the estimated delivery times; currency exchange rates; appropriate discount rates applied to the cash flows in economic analyses; tax rates and royalty rates applicable to proposed mining operations; the availability of acceptable financing under assumed structure and costs; anticipated mining losses and dilution; metallurgical performance; reasonable contingency requirements; success in realizing proposed operations; receipt of permits and other regulatory approvals on acceptable terms; and the successful conclusion of consultation with impacted Treaty and First Nations groups.
Forward-looking statements are subject to a variety of known and unknown risks, uncertainties and other factors that could cause actual events or results to differ from those expressed or implied by the forward-looking statements, including, without limitation: Valor’s history of net losses and negative cash flows from operations and expectation of future losses and negative cash flows from operations; risks related to Valor’s ability to continue its exploration activities and future advancement activities, and to continue to maintain corporate office support of these activities, which are dependent on Valor’s ability to obtain suitable financing; risks related to fluctuations in the market price of gold; risks related to fluctuations in foreign exchange rates; increases in financing costs or adverse changes to the terms of available financing, if any; tax rates or royalties being greater than assumed; risks related to commercially producing precious metals from the Courageous Lake Project; uncertainty in estimates of capital costs, operating costs, production and economic returns; changes in development or mining plans due to changes in logistical, technical or other factors; uncertainty of whether the reserves estimated on the Courageous Lake Project will be brought into production; uncertainties relating to the assumptions underlying Valor’s reserve and resource estimates; risks relating to variations in the mineral content within the material identified as mineral reserves or mineral resources from that predicted; variations in rates of recovery and extraction; mining, exploration and development risks that could result in damage to mineral properties, plant and equipment, personal injury, environmental damage and delays in mining, which may be uninsurable or not insurable in adequate amounts; risks related to obtaining all necessary permits and governmental approvals, or extensions/renewals thereof, for exploration and development activities, including in respect of environmental regulation; changes in regulations applying to the development, operation, and closure of mining operations from what currently exists; uncertainty related to title to Valor’s mineral properties and rights of access over or through lands subject to third party rights, interests and mineral tenures; risks related to unsettled First Nations rights and title and settled Treaty Nations’ rights; risks related to increases in demand for exploration and development services equipment, and related cost increases; difficulties attracting the necessary work force; the effects of competition in the markets in which Valor operates; Valor’s need to attract and retain qualified management and personnel; risks related to some of Valor’s directors’ and officers’ involvement with other natural resource companies; risks associated with the use of information technology systems and cybersecurity; operational and infrastructure risks; and the additional risks described in Valor’s continuous disclosure documents filed on SEDAR+ in Canada (available at www.sedarplus.ca). Valor cautions that the foregoing list of factors that may affect future results is not exhaustive.
SCIENTIFIC AND TECHNICAL DISCLOSURE
Marcus Adam, Vice President, Exploration of Valor, has approved the scientific and technical information contained on this website. Mr. Adam is a qualified person for the purposes of National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”).
The Company’s material mineral project is the Courageous Lake project located in Northwest Territories, Canada (the “Courageous Lake Project”).
Scientific and technical information relating to the Courageous Lake Project is derived from the technical report in respect of the Courageous Lake project entitled “Courageous Lake Project, Pre-feasibility Study and Preliminary Economic Assessment, NI 43-101 Technical Report“, with an effective date of January 5, 2024, as amended and restated on March 23, 2026 and filed on June 3, 2026 on SEDAR+ under Valor’s profile (the “Technical Report”).
Site users are advised that under NI 43-101, Canadian securities law requires that each category of Mineral Reserves and Mineral Resources be reported separately. Users should consult the Company’s public filings, including the Technical Report, in order to obtain this information in detail. These documents are available under the Company’s SEDAR+ at www.sedarplus.ca.
CIM STANDARDS AND CAUTIONARY NOTE TO UNITED STATES INVESTORS
On this website and in the documents posted on this website, the terms “mineral resource”, “inferred mineral resource”, “indicated mineral resource”, “measured mineral resource”, “mineral reserve”, “probable mineral reserve” and “proven mineral reserve” have the meanings ascribed to those terms by the Canadian Institute of Mining, Metallurgy and Petroleum, as the CIM Definition Standards on Mineral Resources and Mineral Reserves adopted by CIM Council, as amended. These standards differ from the requirements of the U.S. Securities and Exchange Commission (“SEC”) and resource and reserve information contained in this news release may not be comparable to similar information disclosed by domestic United States companies subject to the SEC’s reporting and disclosure requirements.
Inferred mineral resources are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves, and there is no certainty that the results of the preliminary economic estimate provided in the Technical Report (the “PEA”) will be realized. Mineral resources in the PEA mine plan are not mineral reserves and do not have demonstrated economic viability. The PEA evaluates a conceptual expansion beyond the pre-feasibility study pit and includes inferred mineral resources. See the PEA for relevant assumptions, parameters, and risks.