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.Desc 2
Investors
Valor Resources Ltd is 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.
In recognising the need for the highest standards of corporate behaviour and accountability, the Board supports and has adhered to the principles of sound corporate governance. The Board recognises the recommendations of the Australian Securities Exchange Corporate Governance Council and has adopted the third edition of the Corporate Governance Principles and Recommendations. The Board considers that Valor Resources Limited is in compliance with these guidelines to the extent possible given the size and nature of its operations. The Board is guided by the principles and practices that are in stakeholders’ best interests while ensuring full compliance with legal requirements.
In pursuing its commitment to best practice governance standards, the Board will continue to:
Review and improve its governance practices; and
Monitor global developments in best practice corporate governance.
The consolidated entity’s Corporate Governance Plan for the financial year ending 30 June 2019 was approved by the Board on 24 September 2019. You can download our full corporate governance plan below.
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.
Dr. Nicholas Lindsay,
Chief Executive Officer and Executive Director – Technical
Dr. Lindsay has over 30 years' experience in the global mining industry with strong exposure in South America. Throughout his career, Dr. Lindsay has held roles with junior mining companies, as well as mid-tier and major organisations. During the two-decade period, Nick has had a focus on technical and commercial assessment, and the development of new mining and exploration projects in various commodities, particularly copper, gold and silver. As well, Dr. Lindsay boasts significant experience in the recognition, assessment and management of new business opportunities in the copper, zinc, gold, titanium mineral sands, coal and iron ore sectors and has held senior roles in Australia, Chile and Peru. Dr. Lindsay has a BSc Honours degree in geology and an MBA from the University of Otago (New Zealand), and a PhD from the University of the Witwatersrand (South Africa).
Ms. Cowan 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. Cowan held senior roles in advisory firms KordaMentha and Ernst & Young. Ms. Cowan holds a Bachelor of Commerce/Law (Hons), is a qualified Chartered Accountant and a Graduate of the Australian Institute of Company Directors.
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Lodgement of Prospectus with ASIC
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Nothing contained on this website or in the Prospectus constitutes investment, legal, business, tax or other advice. In particular, the information on this website and in the Prospectus does not take into account your investment objectives, financial situation or particular needs. In making an investment decision, you must rely on your own examination of the Company and the securities and terms of the offering, including the merits and risks involved. You should consult your professional adviser for legal, business or tax advice.
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The Prospectus does not constitute an offer of securities in any jurisdiction where, or to any person to whom, it would not be lawful to issue the Prospectus or make the offer. It is the responsibility of any applicant outside Australia to ensure compliance with all laws of any country relevant to their applications, and any such applicant should consult their professional advisers as to whether any government or other consents are required, or whether any formalities need to be observed to enable them to apply for and be allotted any securities.
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