Valor Resources Limited (ASX: VAL) announced the results of rock chip samples taken from recently identified copper targets at its Picha Project in southern Peru. At Huancune target, it noted 3.95% Cu, 229g/t Ag and 3.06% Pb in channel sample. Out of four channel samples, three returned more than 1% copper.
It highlighted additional copper targets with assay up to 3.95% Cu and 229 g/t Ag at its Picha Project. Other than this, the Company also noted 0.82% Cu, 47.7 Ag g/t in channel sample at new target (Pacojahua) 2km southwest of Huancune.
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