Recorded at the New Orleans Investment Conference (NOIC) 2026, Kai Hoffmann sits down with Sorin Posescu, President and CEO of Valhalla Metals, to discuss the company's high-grade copper exploration portfolio in Alaska's Ambler Mining District. Valhalla is advancing two volcanogenic massive sulphide (VMS) projects: its flagship Sun Project and the recently acquired Smucker Project. The Smucker acquisition represents a major expansion of Valhalla's portfolio. Acquired from Teck through an all-share transaction, Smucker contains a historical, non-NI 43-101-compliant estimate of 11.8 million short tons grading 6.6% copper equivalent. The company is now reviewing historical geological information and drill core, with the objective of completing the work required to establish a modern NI 43-101-compliant mineral resource estimate. The historical estimate should not be relied upon as a current mineral resource. Sorin also discusses the Sun Project, where Valhalla completed approximately 1,800 metres of drilling across four holes during its 2026 exploration season. The program focused on extending known mineralization, with assay results pending at the time of the interview. Valhalla previously published a mineral resource estimate for Sun in 2021 and is considering additional drilling in 2027 before a potential resource update. The conversation also covers the company's strategic shareholders, including Teck, which held approximately 31% of Valhalla at the time of the interview, and the C$15 million financing completed in June 2026. With Sun drilling results expected, historical resource verification work underway at Smucker and further exploration planned for 2027, Valhalla is focused on advancing both assets toward technical and economic evaluation.