Deeply undervalued. Old news, but a useful recap: "Valor’s...

Deeply undervalued.

Old news, but a useful recap:

"Valor’s Berenguela Project consists of nearly 6,600 hectares of concessions in the Puno Department of southern Peru.  The Berenguela Project currently has a JORC Resource of 46 million tonnes at 0.77% Cu, 86 g/t Ag, 5.1% Mn and 0.28% Zn, with over 772 million pounds of contained copper and over 127 million ounces of contained silver and significant potential for expansion as only 2.5% of the concession package has been explored.  

Valor also owns 100% of the Picha copper-silver project in the Moquegua Deparment of southern Peru."

There is also some Cobalt (100-200ppm, not so great but a sweetener) and moderate Manganese (~6%, worth adding to the flowsheet). But they have barely scratched the surface.

Drilling campaign about to begin:

•
Approximately 7,000 metres of drilling, including 3,000 metres of
diamond drilling at the Corona target.
•
Average depths of drilling at Corona and Berenguela will be 150 - 250 metres.
•
Testing deeper targets at Berenguela Central of up to 500 metres.
•
The first drill rig is expected to be mobilized in the month of June


"The discovery of high grades at our Corona target has resulted in the reshaping of our exploration and drilling strategy, as the area is larger and more prospective than originally indicated. The current program design will
allow us to drill test Corona copper-silver-manganese-cobalt targets, as well as test deeper targets within Berenguela Central. The high-grade nature of the Corona mineralisation at surface, coincident with the geophysical (IP) anomaly is exciting and drilling will allow us to quantify the potential of this deposit. Deeper  targets at Berenguela Central also need to be tested to better define the vertical extent of the copper-silver deposit, especially where historical drill holes finished in mineralisation."