Ann: More High Grades from Final Holes of 2017 Drill Program, page-2

"Spectacular" is an understatement lol
"RE HIGH GRADES FROM FINAL HOLES OF 2017 DRILL PROGRAM AT BERENGUELA Valor Resources Limited (“VAL” or the “Company”, ASX: VAL) is pleased to report more high grade intercepts, demonstrating more high quality copper and silver mineralisation from drilling at the flagship Berenguela Copper-Silver Project in Southern Peru. Highlights: • Multiple very high grade silver (Ag) intercepts, including; 3 m at 798.67 g/t Ag, 6 m at 637.33 g/t Ag, 6 m at 251.65 g/t Ag and 10 m at 231.72 g/t Ag. • Thick and consistent copper (Cu) intercepts, including; 11 m at 1.96% Cu, 23 m at 1.39% Cu, 39 m at 1.01% Cu, 17 m at 1.27% Cu. • Drill program has achieved key objectives, including; increase in JORC Resource Estimate, expanded Resource shell and delineating more high grade drill targets. Key drilling intercepts (refer to Tables 1 & 2 for complete results) include: BEP-002 – BER265 • 6 m @ 1.21% Cu + 637.33 g/t Ag + 16.99% Mn + 0.89% Zn (from 3m). 4.61%CuEq; and • 39 m @ 1.01% Cu + 131.27 g/t Ag + 11.52% Mn + 0.41% Zn (from 36m). 1.81% CuEq, including:  10 m @ 0.67% Cu + 231.72 g/t Ag + 18.35% Mn + 0.59% Zn (from 48m). 2.02% CuEq, and  14 m @ 1.73% Cu + 155.64 g/t Ag + 16.20% Mn + 0.57% Zn (from 61 m). 2.72% CuEq BEP-002 – BER266 • 10 m @ 0.96% Cu + 229.19 g/t Ag + 11.35% Mn + 0.46% Zn (from 0m). 2.24% CuEq; and • 30 m @0.95% Cu + 80.76 g/t Ag + 12.43% Mn + 0.32% Zn (from 50m). 1.47% CuEq, including;  14 m @ 0.93% Cu + 139.52 g/t Ag + 16.69% Mn + 0.45% Zn (from 50m). 1.79%CuEq BEP-005 – BER287 • 23 m @ 1.39% Cu + 76.25 g/t Ag + 8.58% Mn + 0.63% Zn (from 0m). 2.03% CuEq, including;  4 m @ 1.21% Cu + 105.98 g/t Ag + 15.33% Mn + 0.62% Zn (from 0m). 1.99%CuEq; and  11 m @ 1.96% Cu + 77.85 g/t Ag + 8.28% Mn + 0.67% Zn (from 9m). 2.63%CuEq. BEP-005 – BER254 • 53 m @ 0.89% Cu + 70.49 g/t Ag + 6.85% Mn + 0.42% Zn (from 0m). 1.41% CuEq; including;  17m @ 1.27% Cu + 116.74 g/t Ag + 10.15% Mn + 0.57% Zn (from 7m). 2.08% CuEq; and • 24 m @ 0.69 % Cu + 153.52 g/t Ag + 4.68% Mn + 0.32% Zn (from 62m). 1.56% CuEq including:  3 m @ 0.76% Cu + 798.67 g/t Ag + 4.49% Mn + 0.36% Zn (from 83m). 4.69% CuEq BEP-005 – BER253 • 43 m @ 0.89% Cu + 66.61 g/t Ag + 6.27% Mn + 0.39% Zn (from 0m). 1.38% CuEq, including:  5 m @ 1.55% Cu + 110.86 g/t Ag + 17.92% Mn + 0.40% Zn (from 0 m). 2.25% CuEq; and  12 m @ 1.22% Cu + 85.08 g/t Ag + 6.58% Mn + 0.49% Zn (from 9m). 1.84% CuEq. Management Commentary Valor Chairman, Mark Sumner said: “The results from Valor’s 2017 drill program have been nothing short of spectacular. We have added a tremendous amount of value in a relatively short amount of time. The results have allowed us to significantly increase total JORC Resources from 21.6 million tonnes to 25.53 million tonnes, while increasing average copper grades from 0.87% to over 1% with a high quality silver credit with grades over 112 g/t. We are not aware of another copper project in the world with a silver credit of comparable quality.” “The future is very bright for Valor at Berengulea, as we are in the process of preparing a further upgrade of the JORC Resource estimate, which we believe will increase the geological confidence in the deposit even further. The drill program has also delineated numerous high grade drill targets which we expect will expand Berenguela resources further with more high-grade results. The stage is now set for Valor to take Berenguela to the next level, as we look to transition Valor into a best in class copper-silver development company.”