Valor Gold targets updated Courageous Lake pre — feasibility study in Q1 2028

Valor Gold launched an optimization program for the Courageous Lake Gold Project, targeting an updated pre-feasibility study in Q1 2028. Work will reassess development options using updated long-term gold prices, refreshed capital and operating costs, and added non-refractory resources. Trade-off studies will compare mining routes, including open-pit, underground, or hybrid options, to set a preferred development sequence. Processing reviews will weigh refractory technologies such as pressure oxidation or biological oxidation, alongside tailings and waste design alternatives. Field and testwork plans include geotechnical, hydrogeological, environmental, permafrost, and metallurgical programs to reduce engineering uncertainty. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Valor Gold Corp. published the original content used to generate this news brief via (Ref. ID: 202610130650NEWSFILECNPR____20261013_318640_1) on October 13