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IN BRIEF: Jangada Investee ValOre Posts Anomalous Rhodium Assay Values

Fri, 20th Nov 2020 20:26

Jangada Mines PLC - natural resources company - Notes investee ValOre Metals Corp's results for rhodium assay results at Pedra Branca. Project in northeastern Brazil. Anomalous rhodium values, ranging from 0.01 grams per tonne rhodium to 0.72 grams per tonne of Rhodium, with an average grade of 0.25 g/t Rh, reported in 18 of the 21 pulp samples submitted. Jangada holds 18% stake in ValOre.

Current stock price: 5.02 pence

Year-to-date change: up sharply from 1.65p

By Arvind Bhunjun; arvindbhunjun@alliancenews.com

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