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Tres-Or Resources Ltd. (TSXV: TRS) (OTC Pink: TRSFF) is a Canadian diamond exploration company with mineral exploration claims in Quebec and Ontario, Canada, and exploration permits for primary diamond sources in Brazil. The company recently acquired the exclusive right to develop kimberlite diamond occurrences in the Coromandel diamond district of Minas Gerais State, Brazil, through its subsidiary Vaaldiam do Brasil Mineração Ltda. This agreement provides Tres-Or with the exclusive development rights for kimberlite diamond deposits on the Vendome Properties, which have a rich history of producing large, valuable gem diamonds.
The Vendome Properties consist of 7 blocks of mineral licenses covering an area of approximately 29,175 hectares. Tres-Or plans to focus its exploration efforts on 5 of these blocks, where 27 kimberlites have been identified. The company aims to assess the diamond content and economic potential of these kimberlites through fieldwork, geophysical surveys, and drilling. Tres-Or's ultimate goal is to establish a kimberlite processing plant and begin mining operations to recover macrodiamonds.
Under the terms of the Vendome Agreement, Tres-Or has the exclusive right to develop and mine the kimberlite below 20 meters, with Vendome retaining rights to the surficial portion of the deposit. If successful, Tres-Or will pay a royalty fee to Vendome based on the diamond production. The company's technical team has already conducted a preliminary on-site visit to prioritize certain kimberlites for exploration, demonstrating its commitment to advancing the project.
Tres-Or Resources (TSXV: TRS) (OTC Pink: TRSFF) has appointed Mr. Martin Doyle, P.Geo. to its Board of Directors. Doyle brings over 34 years of experience in diamond exploration and resource evaluation with the De Beers Group. His extensive career includes roles in Botswana, Namibia, South America, and Canada, where he was part of the executive team that opened and operated the Victor and Snap Lake Mines.
Doyle holds a BSc (Hons) Geology from Aberdeen University, an MBA from the University of Cape Town, and is a Registered Professional Geoscientist of Ontario. He is also a Fellow of the Geological Society of London and the Society of Economic Geologists.
Concurrently, Tres-Or announced the resignation of Mr. David Cowan from the Board of Directors. Cowan, a retired partner of McMillan LLP, has been with Tres-Or for nearly two decades, providing valuable advice throughout the company's development as a diamond explorer.
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