Valor Resources

Overview

There has never been a better time to invest in commodities than now. BlackRock, the world's largest asset manager, predicts strong demand for commodities that will keep prices at favorable levels for producers for many years into the future –– possibly decades. The demand for lithium is expected to outpace supply, with the upside for the price remaining attractive. Additionally, copper prices are believed to remain high with a modest surplus expected in the future.

The ups and downs of the commodities cycle have often deterred investment due to price declines and reduced cash flow. Portfolio diversification mitigates these risks with assets that span multiple commodity markets to hedge against the price declines of individual commodities. With BlackRock’s bullish outlook, mineral exploration companies with diversified commodity portfolios will likely present an exciting opportunity for investors.

Valor Resources (ASX:VAL) is a mineral exploration company focused on developing a portfolio of highly prospective assets in Peru and Canada. The company has established a diversified portfolio consisting of seven projects covering uranium, and one project covering copper and silver. Valor Resources is led by a highly skilled management team with significant experience in the mineral resource industry.

The company provides shareholders with a diversified portfolio of assets. Valor Resources’ portfolio consists of the Picha Copper Silver, Hook Lake Uranium, Cluff Lake Uranium, Surprise Creek, Pendleton and Hidden Bay projects. The company also leverages two mines as part of its portfolio, including the Smitty Uranium and Lorado Uranium mines.

Valor Resources’ assets are strategically-located in prolific mining regions. The company’s Hook Lake Uranium, Cluff Lake Uranium, Surprise Creek, Pendleton and Hidden Bay projects are located in the Athabasca Basin in Saskatchewan, Canada. The Athabasca Basin is the top mining jurisdiction for uranium exploration with the highest-grade uranium deposits in the world. Additionally, Valor Resources’ Picha Copper Silver and Corona projects are located in the Moquegua Department in Peru. Peru is the second-largest producer of copper and silver in the world.

The company is currently in the process of rapidly advancing its highly prospective Hook Lake Uranium project through a 2,500-meter maiden diamond drilling program. The project spans 25,846 hectares. The Hook Lake Uranium project features high-grade rock chip samples of up to 56 percent of U3O8. Valor Resources’ drilling program is focused on high-grade areas as well as other high-potential targets. Going forward, the company also plans to conduct an airborne gravity survey in April 2022.

Valor Resources also plans to initiate a drilling program on its fully-owned Picha Copper Silver project in Peru. The 13,830-hectare property features high-grade samples ranging from 1 to 6 percent of copper and 563 grams per tonnes of silver.

The company’s assets leverage proximity to past-producing mines and a multi-million-tonne project. Valor Resources’ Hook Lake Uranium project is located near the past-producing Key Lake Uranium mine owned by Cameco (TSE:CCO) and Orano Canada. The company’s Cluff Lake Uranium project is located near Orano Canada’s Cluff Lake Uranium mine which has produced more than 60 million pounds. Lastly, the company’s Picha project is situated near Compañia de Minas Buenaventura’s (NYSE:BVN) San Gabriel Gold Porphyry project. The San Gabriel Gold Porphyry project has an indicated and inferred resource of 5.3 million tonnes of gold with average grades of 4.6 g/t of gold or approximately 2.5 million ounces of gold.

Company Highlights

• Valor Resources (ASX:VAL) is developing a diversified portfolio of uranium, copper and silver assets in the Moquegua Department in Peru and the Athabasca Basin in Canada.
• The company’s portfolio consists of the Picha Copper Silver, Corona, Hook Lake Uranium, Cluff Lake Uranium, Surprise Creek, Pendleton and Hidden Bay projects, as well as the Smitty Uranium and Lorado Uranium mines.
• Valor Resources’ Hook Lake Uranium project features high-grade rock chip samples of up to 56 percent of U3O8.
• The company’s fully-owned Picha Copper Silver project features high-grade samples ranging from 1 to 6 percent of copper and 563 grams per tonnes of silver.
• The company’s assets leverage proximity to past-producing mines and a multi-million-tonne project, including the Cluff Lake Uranium mine, the Key Lake Uranium mine in Saskatchewan and Buenaventura’s San Gabriel Gold Porphyry project in Peru.
• Valor Resources is currently conducting a 2,500-meter maiden diamond drilling program on its Hook Lake Uranium project, with additional work planned in 2022.
• Valor Resources is led by a highly skilled management team with significant experience in the mineral resource industry.