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Valor Resources leaps into Top 10 ASX % Gainers on copper-silver hit in Peru

Valor will continue to deliver exploration results, then a resource upgrade

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The top ASX % Gainers in the first hour of trade

Valor Resources Ltd (ASX:VAL) is an ASX bolter in the first hour of trade, jumping 43% to A$0.01 on very heavy volume.

Valor delivered its first results from its drilling programme at the Berenguela Project in Southern Peru, with the highlight: 10 metres at 2.13% copper and 7 metres at 2.18% copper + 1719g/t silver.

The company also discovered zinc and manganese mineralisation across the deposit.

News flow will continue from drilling, to be followed by an updated resource.

Company Name Code Last Change Volume
Magnum Gas & Power Ltd MPE $0.002 100% 800,000
Valor Resources Ltd VAL $0.010 42.86% 50,723,739
Viking Mines Ltd VKA $0.020 42.86% 7,469,845
Kingsgate Consolidated Ltd KCN $0.305 38.64% 2,627,120
Metals Australia Ltd MLS $0.004 33.33% 392,999
Alloy Resources Ltd AYR $0.004 33.33% 150,000
Oilex Ltd OEX $0.005 25% 120,000
Ventnor Resources Ltd VRX $0.016 23.08% 925,000
Chapmans Ltd CHP $0.006 20% 153,579
Venturex Resources Ltd VXR $0.007 16.67% 1,000,000

 

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