Valor Resources Ltd (ASX:VAL) executive chairman George Bauk speaks with Proactive’s Elisha Newell about the historical data which has revealed high-grade uranium up to 4.37% at Surprise Creek in Canada. The company uncovered several prospective targets which it will now follow up with reconnaissance fieldwork in the coming weeks. Significant historical drilling results at the Surprise Creek Fault target include 1.5 metres at 0.1% U3O8, 0.43 metres at 0.49% and 0.15 metres at 0.83%. Baulk said the data highlighted “exciting uranium and copper targets” with the high-grade uranium drill results of 2.1 metres at 4.37% U3O8 at Surprise Creek Fault being the most noteworthy. Also of note is that no modern exploration had been undertaken here for over 20 years, which suggests there is excellent potential in the area. The company will continue to work through the data from its eight projects in the Athabasca Basin and has plenty of newsflow to come in the coming months across all assets in Peru and Canada.
Valor Resources’ historical data reveals high-grade uranium
