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Valor Resources to mobilize diamond drill rig to Berenguela Project in Peru

Valor Resources Ltd (ASX:VAL) Executive Chairman Mark Sumner tells Proactive Investors the exploration company will have its first diamond drill rig at its Berenguela Copper Silver Project in Peru on or before June 30. 

Sumner says this is significant because Valor completed 9,100 meters of RC drilling last year, expanding resources at Berenguela by more than 80%, and the time is ripe to begin the 2018 drill program. The goal now is to test high grade extensions on the eastern and northern border of the deposit, which Sumner believes will result in a significant extension of the resource.

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