Mining Drill Rig

Valor Resources Limited High Grade Silver Intercept Update

   Valor Resources Limited High Grade Silver Intercept Update  

HIGHLIGHTS:

  • High grade intercepts including 8m @ 2.95% Cu and 2,161.23 g/t Ag
  •  3m interval @ 5.42% Cu and Ag values over 4,000 g/t, exceeding the limits of SGS lab tests 
  • BER246: 3m includes high grade intervals from 66m to 69m, of:
    • 66-67m @ 4,761.54 g/t Ag, 5.73% Cu
    • 67-68m @ 5,235.33 g/t Ag, 4.68% Cu
    • 68-69m @ 3,226.00 g/t Ag, 3.97% Cu 
  • Full Mineralisation Analysis for BEP029-BER246:

16m @ 1.88% Cu + 1,243.31 g/t Ag + 10.43% Mn + 0.39% Zn (from 59m).

8.202% CuEq, including:

  • 8m @ 2.95% Cu + 2,161.23 g/t Ag + 14.64% Mn + 0.49% Zn (from 63m). 13.858% CuEq.

 

Valor Resources Limited  has provided 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 4,000g/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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