Valor Resources Secures additional concessions in Peru
- Valor Resources (VAL) secures additional concessions in an area considered prospective for gold, copper and silver in Peru
- The eight new concessions cover an area of approximately 6000 hectares and are located around 30 kilometres northeast of the company’s Picha Project
- The new project, dubbed the Charaque Project, is considered prospective for stratabound, epithermal, and porphyry style polymetallic mineralisation
- Valor says it intends to begin systematic on-ground exploration at Charaque while waiting for the permitting process to be completed for the maiden drilling program at Picha
- ValorResources ends the day in the grey with shares trading at 1.1 cents
