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Valor Resources Ltd.
Summary
| Project: | Berenguela | |
|---|---|---|
| Deposit: | Berenguela | |
| Location: | Peru | |
| Commodities: | Silver-Copper-Manganese-Zinc | |
| Date: | 10/23/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 23-10-2017: Valor Resources Ltd. announces an Exploration/Drilling Update report for its Berenguela deposit at the Berenguela project. Drilling results incl. 32m @ 0.89% Cu, 170.42g/t Ag, 8.88% Mn, 0.31% Zn from 8m. Valor Resources Limited (“VAL” or the “ | |
| Resources: | ||
| CP/QP: | [Overall Report]: Marcelo Batelochi (MB Soluções em Geologia e Mineração Ltda) | |
| ABSTRACT: | Valor Resources Limited (“VAL” or the “Company”, ASX: VAL) is pleased to confirm more multiple and very high grade intercepts from drilling at the flagship Berenguela Copper-Silver Project in Southern Peru. VAL is also pleased to restate the results from drill hole BER288. Due to a mistake in the delivery of previous results from the SGS lab in Lima, SGS has recalculated the drill hole with a result of 96m @ 0.85% Cu + 126.12 g/t Ag + 7.00% Mn + 0.28% Zn. Valor Chairman, Mark Sumner said: “Valor is pleased to report another set of compelling assay results with very high grade silver values and pleasing copper intercepts, particularly in the restatement of drill hole BER288. 96m @ 0.85% Cu and over 126 g/t Ag is an extraordinary drill hole and it reinforces the quality of our follow up drill targets in the western zone of the deposit. “We have clearly demonstrated the quality of this asset with the revised JORC resource estimate, which boosted Berenguela’s tonnage by over 18%, as well as increasing average copper grades to over 1% Cu.” | |
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