Valor Resources’ George Bauk says the company is a step closer to kicking off its pioneer drilling program at the Hook Lake Uranium asset in Canada. The explorer has appointed a contractor to execute the program in January 2022, with the campaign to test a series of promising targets at the uranium property. In the meantime, Valor is compiling data from its seven Athabasca Basin projects to inform future exploration endeavours.
Valor Resources’ George Bauk talks to Proactive’s Andrew Scott through multiple significant channel and rock chip sample results from its Copper-Silver project in Peru. He says the results have highlighted the mineralisation potential, at surface, of the project. The work undertaken has highlighted significant showings of copper with more than 50% of the results between 1% and 6% along with silver results of up to 563 g/t.
Valor Resources’ George Bauk talks to Proactive’s Andrew Scott through the news it’s received a boost in funds following the early exercise of 60 million unlisted options at A$0.0045 to raise A$270,000. It coincides with the completion of an airborne survey at the Hook Lake Uranium Project in northern Saskatchewan, Canada. He says they’ll utilise the funds to further its Peru and Canadian projects and for working capital purposes.