Exploring the Picha Copper Silver Project in Peru
Investigating Uranium Opportunities in the Athabasca Basin Saskatchewan Canada


Picha project


The Picha Project (100% Valor) is a Copper-Silver exploration project, located in the Moquegua Department of southern Peru. Picha is a 3,000 hectare exploration concession, which lies approximately 17km south of Buenaventura's San Gabriel Gold Porphyry Project, which reports indicated and inferred resources of approximately 12.5 million tonnes of gold with average grades of 6.5 g/t Au (circa. 2.5 million ounces). Picha's exploration history includes 2 field sampling exercises and geophysical surveys. The geophysical program comprised 158.22 line kilometres of Magnetic surveys and 65.5 line kilometres of induced polarization surveys, targeting disseminated and semi-massive copper sulphide mineralization to maximum depth of approximately 300 metres. More information coming soon.


Valor Resources Ltd is listed on the Australian Stock Exchange as VAL:ASX

Valor Resources Limited is an Australian company listed on the ASX under the ticker symbol VAL. Valor is engaged in metals exploration and project development, primarily the Berenguela copper-silver deposit in the Puno Department of southern Peru.

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Board & management

George Bauk,

Executive Chairman

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Mr Bauk is an experienced company director with over 14 years’ experience as a listed company director in Australia with the resources industry in both production and exploration with assets in Western Australia, Australia and internationally.

He is an experienced executive, with 30 years’ experience in the resources industry. Mr Bauk holds a Bachelor of Business (Accounting and Finance) from Edith Cowan University, is a Fellow of the CPA and has an MBA from the University of New England. Mr Bauk has held global operational and corporate roles with WMC Resources and Western Metals. Mr Bauk has a strong background in strategic management, business planning, building teams, finance and capital/debt raising (over $350m), and experience with a variety of commodities in particular rare earths, gold, uranium and industrial minerals.

Mr Bauk has overseen a number of uranium exploration projects in the US, Tanzania and Western Australia, partnering with Areva in Western Australia whilst being Managing Director of Northern Uranium (prior to transitioning to Northern Minerals). In 2006, Mr Bauk was focussed on the southern Tanzanian region which was the region which was known for the successful Mkuju River discovery by Mantra Resources.

During his time as managing director of Northern Minerals, he led its rapid development from a Greenfields heavy rare earth explorer to one of a few global producers of high value dysprosium outside of China.

Mr Bauk is a passionate member of the WA resources industry having previously held a number of senior governing positions with the Chamber of Minerals and Energy including Vice President.

Brian McMaster

Brian McMaster,

Non-Executive Director

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Mr. McMaster has almost 20 years’ experience in the area of corporate reconstruction and turnaround and performance improvement and 20 years in the mining industry. Mr. McMaster’s experience includes founding Highfield Resources, an ASX listed potash company with projects in Spain as well as numerous reorganisations and the recapitalisation and listing of 12 Australian companies. Mr. McMaster’s career to date includes significant working periods in the United States, South America, Asia and India. Mr. McMaster was a founding director in venture capital and advisory firm, Garrison Capital Pty Ltd, and is also currently a director of a number of ASX listed companies.

Paula Smith

Paula Smith,

Non-exec. Director & Company Secretary

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Ms. Smith is a finance professional with over 12 years’ experience and is presently a director of a consulting and secretarial advisory firm specialising in business advisory, consulting and back office support (finance and secretarial) to SMEs and ASX listed entities. Prior to that Ms. Smith held senior roles in advisory firms KordaMentha and Ernst & Young. Ms. Smith holds a Bachelor of Commerce/Law (Hons), is a qualified Chartered Accountant and a Graduate of the Australian Institute of Company Directors.

Gary Billingsley,

Non-Executive Director

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Mr. Billingsley has over 37 years’ experience as a listed company director in Canada in the resources industry from exploration through to production in both oil and gas and mining. He has global experience having worked on projects located in Canada, the US and Africa.

With 48 years’ experience in the resources industry. Mr Billingsley holds a Bachelor of Science Advanced degree in geology from the University of Saskatchewan, in Canada. He also obtained his Chartered Accountant designation and currently also holds designations as both a Professional Engineer and Professional Geoscientist. Mr Billingsley has held several operational and corporate roles from Chief Mine Geologist to President and CEO of both small and large public companies. Besides a strong technical background, he has extensive experience on the corporate financial side including fund raising and serving on board committees including Audit, Compensation, Corporate Governance and Environment, Health and Safety committees. His public company experience covers commodities including oil and gas, base metals, gold, diamonds, uranium, potash and rare earths.

Some highlights of Mr. Billingsley’s career include leading the team that put Saskatchewan’s largest gold mine into production, still producing after 29 years; discovering several diamond-bearing kimberlites in Saskatchewan, one of which has now completed final feasibility; playing a major role in taking a junior potash company public, that was subsequently purchased by BHP; and establishing one of the first companies to recognize the importance of developing rare earth projects outside of China including downstream capacity.



Valor Resources Ltd
22 Lindsay Street
Perth 6000

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