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Valor Resources: Secures additional concessions in Peru | Fintech InShorts: Latest fintech news, analysis by experts
Monday, December 23, 2024

Valor Resources: Secures additional concessions in Peru

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

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