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Valor Resources Ltd.
Summary
| Project: | Berenguela | |
|---|---|---|
| Deposit: | Berenguela | |
| Location: | Peru | |
| Commodities: | Silver-Copper-Manganese-Zinc | |
| Date: | 9/7/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Pre-Feasibility Study | |
| Report details: | 7-9-2017: Valor Resources Ltd. announces an Exploration/Drilling Update report for its Berenguela deposit at the Berenguela project. Update on high grade silver intercept reported on 31st August 2017. Valor Resources Limited (“VAL” or the “Company”, ASX: | |
| Resources: | (not mentioned in this report) | |
| 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 provide an update on the high grade copper (Cu) and silver (Ag) intercepts in drill hole BER-246 from the Company’s news release titled “Further Drill Results at Berenguela”, dated 31 August 2017. Drill hole BER-246 returned several intervals with Ag grades exceeding the lab test limits of 4,000 g/t and further testing was required to obtain the full Ag values. The sample was processed a second time, using gravimetric analysis. Valor Chairman, Mark Sumner said: “The extraordinarily high copper and silver grades out of drill hole 246 further supports our view that Berenguela is shaping up to be a project of exceptional quality. The drill program has delivered outstanding results, but the data delivered from drill hole 246 (platform 029) has delineated a high grade zone within the Berenguela deposit. We believe this zone is the focus of the next leg of exploration potential to add to the exciting prospects discovered to date.” | |
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