{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Company Interviews","title":"Valhalla Metals (TSXV:VMXX) - Major Backed Bid to Double Alaska Copper-Zinc Resource","html":"","width":"100%","height":180,"duration":1540,"description":"Interview with Sorin Posescu, President & CEO of Valhalla Metals\nRecording date: 6th October 2026\nValhalla Metals Inc. (TSXV:VMXX, OTCQB:VMXXF) is a copper-focused explorer with two polymetallic VMS projects in Alaska's Ambler Mining District. The district hosts Arctic, the Ambler Metals deposit owned 50/50 by Trilogy Metals and South32, which carries probable reserves of 46.7 million tonnes at 3.7% CuEq. Valhalla's chairman, Rick Van Nieuwenhuyse, founded Trilogy. Several team members worked on Arctic before joining Valhalla.\nThe flagship Sun Project hosts an NI 43-101 resource with an effective date of October 1, 2021. Indicated resources total 1.71 million tonnes at 1.48% copper, 4.32% zinc, 1.11% lead, 60 g/T silver and 0.21 g/T gold. Inferred resources total 9.02 million tonnes at 1.21% copper, 4.18% zinc, 1.46% lead, 81.7 g/T silver and 0.25 g/T gold. Both categories grade 4.2% CuEq at the company's price assumptions. Copper and zinc contribute similar shares of value.\nThe resource has only been drilled to about 200 metres. Historical helicopter-supported rigs could not go deeper. A 2019 VTEM survey models a possible down-dip extension of more than 900 metres vertical extent. Two further conductors, Targets B and C, remain untested. Valhalla's 2023 programme returned 21.4 metres at 6.84% CuEq in hole Sun23-004, within a broader 52.4 metres at 3.30% CuEq. Management's stated goal is to double the Sun resource.\nIn June 2026, Valhalla completed the acquisition of the Smucker Project from Teck for 44.8 million shares, or 35% of the company at closing. Teck received an up to 2.0% NSR royalty under certain conditions. It also received a priority purchase right and right of last offer on concentrate from Smucker, Sun and other properties, plus board and top-up rights. Smucker holds a 1981 Anaconda historical estimate of 11.8 million short tons at 6.6% CuEq. This is not current, and the historical core has yet to be located. Valhalla aims to deliver an NI 43-101...","thumbnail_url":"https://img.transistorcdn.com/1wv-MFlQAgnm-ca64e5kK4984dZB0os8-HJdRVsI74M/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9zaG93/LzEzNTcyLzE2MjM5/NTQyMDctYXJ0d29y/ay5qcGc.webp","thumbnail_width":300,"thumbnail_height":300}