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Valor Resources Ltd.
Summary
| Project: | Berenguela | |
|---|---|---|
| Deposit: | Berenguela | |
| Location: | Peru | |
| Commodities: | Silver-Copper-Manganese-Zinc | |
| Date: | 10/3/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Pre-Feasibility Study | |
| Report details: | 3-10-2017: Valor Resources Ltd. announces an Exploration/Drilling Update report for its Berenguela deposit at the Berenguela project. Drilling results incl. 16m @ 2.65% Cu, 204.19g/t Ag, 19.06% Mn, 0.42% Zn from 0m. Valor Resources Limited (“VAL” or the “ | |
| Resources: | (Resource): 15.6Mt @ 132g/t Ag, 0.92% Cu (Ind.) and 6Mt @ 111g/t Ag, 0.74% Cu (Inf.) at project | |
| CP/QP: | [Overall Report]: Marcelo Batelochi (MB Solucoes em Geologia e Mineracao Ltda) | |
| ABSTRACT: | Valor Resources Limited (“VAL” or the “Company”, ASX: VAL) is pleased to report latest assay results from the drilling program at the Berenguela CopperSilver Project in Southern Peru. Drilling from platform 032 (see Figure 2 – Drilling Platform Map), has returned multiple high grade copper and silver intercepts for the Berenguela project. Drilling Program Overview The drilling program commenced on 10 July 2017. The program includes 66 drill holes for a total of 9,570 metres, targeting depths between 100 and 200 metres focusing primarily on the Berenguela central deposit area, with select drill holes targeting mineralisation outside of the area current Inferred Resource shell. To date, 42 holes for a total of 5,745 meters been completed. The drill holes are spaced on 35m x 35m grid and were performed from 15 platforms (BEP-002, BEP-003, BEP-005, BEP-006, BEP-007, BEP-008, BEP-021, BEP- 022, BEP-023, BEP-025, BEP-029, BEP-031, BEP-032) Figure 2 - 2017 Drilling Platform Map. The drilling program commenced on 10 July 2017. The program includes 66 drill holes for a total of 9,570 metres, targeting depths between 100 and 200 metres focusing primarily on the Berenguela central deposit area, with select drill holes targeting mineralisation outside of the area current Inferred Resource shell. To date, 42 holes for a total of 5,745 meters been completed. The drill holes are spaced on 35m x 35m grid and were performed from 15 platforms (BEP-002, BEP-003, BEP-005, BEP-006, BEP-007, BEP-008, BEP-021, BEP- 022, BEP-023, BEP-025, BEP-029, BEP-031, BEP-032) | |
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