In 2007, Valterra entered into an option agreement to acquire a 100% interest in the >8,300ha Swift Katie copper-gold porphyry/shear-hosted property located 7km southwest of Salmo, BC. With over $2.5M invested in exploration to date, Valterra has gained a 100% interest in the project.
In Q3/Q4 of 2016, Valterra conducted an aggressive progam exploring the untapped gold-potential at the Swift Target. Phase I exploration work consisted of a two-week mapping, prospecting and soil sampling program. The Phase II diamond drilling campaign included 6 holes directed at the Swift. 2017 follow-up drilling tested a 1km strike length with shallow drillholes and successfully demonstrated the potential for a large gold system with high-grade gold intersections in holes ~1km apart.
The Los Reyes property consists of two claims totalling 45ha which cover a highly prospective Cu-Au Skarn target within the Faja de Plata of north-central Mexico, one of the world’s most productive regions for polymetallic Skarn and Carbonate Replacement Deposits (CRD).
Valterra has entered into an agreement to acquire a 100% interest in the freehold Lima Property for a purchase price of Cdn$500,000 via purchase of a private Brazilian company. Management believes that this is a rare opportunity to acquire a highly-prospective gold property at exceptionally attractive terms which has the potential to be fast-tracked to production.
It is a Laterite-type gold project with easy logistics in the productive Poconé District. The project comes with a proven operational team in a mature mining district with very attractive economics. Existing mines in the District require no blasting as a result of deep weathering and consist of free-digging open-pit operations, typically to a depth of up to 80 metres.
Forward-Looking Information: This website may contain forward-looking statements including, but not limited to, comments regarding the timing and content of upcoming drilling or other mineral exploration programs, geological interpretations, receipt of property titles, potential mineral recovery processes, or other developments that Valterra Resource Corporation expects to occur. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. These statements are based on a number of assumptions, including, but not limited to, assumptions regarding general economic conditions, interest rates, commodity markets, regulatory and governmental approvals for Valterra Resource Corporationís projects, and the availability of financing for Valterra Resource Corporationís development projects on reasonable terms. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, the timing and receipt of government and regulatory approvals, and continued availability of capital and financing and general economic, market or business conditions. Valterra Resource Corporation does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise, except to the extent required by applicable law.