News Articles for Thunderbird Resources

Valor Resources has staked three new mineral claims covering 6.41 square kilometres in Canada's world-class Athabasca Basin – two of which cover the historical Beatty River heavy rare earths project. Management says previous explorers tabled assays of up to 8.75 per cent total rare earths oxide, with up to 1.15 per cent dysprosium from trenching and surface sampling.

Valor Resources has completed its second anniversary payment as part of a farm-in agreement in Canada, where it is aiming to take an 80 per cent stake in the Hook Lake uranium project. Valor's expenditure has reached C$3.5 million (AU$3.9 million) over a three-year period as required by the deal and it is finalising cash and share commitments to complete its second earn-in milestone.

Valor Resources has been given Peruvian Government approval to drill up to 120 drill holes across multiple targets at its Picha copper project. The company has been eager to get the drill bit spinning ever since rock chip samples returned up to 7.4 per cent copper and channel samples delivered 13.1m at 1.38 per cent copper and 24m grading 1.08 per cent at the porphyry copper-silver project. Detailed program planning is due to commence shortly.

Exploration company Valor Resources is one step closer to beginning maiden drilling at its copper and silver project in Peru after securing environmental approval.

ASX-listed Valor Resources has expanded its ground in the uranium rich Saskatchewan area in Canada, expanding its Surprise Creek tenure by 20 square kilometres. One of the new tenements comes with a historical showing of 1.2 per cent copper. Despite both new additions being highly prospective for uranium and copper, very little modern exploration has been completed since the 1980s.

Valor Resources has racked up an enviable list of high-priority polymetallic prospects at its Picha and Charaque projects in Peru. The company has been toiling away in the rich Peruvian mountains proving up a clutch of new targets as it prepares to wheel the drill rig in for a maiden diamond drilling program across its prospective acreage.

ASX-listed Valor Resources has finalised a review of historical exploration results on its three recently staked mineral claims immediately west of its Canadian Surprise Creek uranium project and has delineated three new significant copper targets. The company says the area has had surprisingly minimal modern exploration in the last 40 years. The company's new mineral claims cover an area of 44 square kilometres and were acquired in November 2022.

Valor Resources has identified four priority drill targets for its 2023 field season at the company's Cluff Lake uranium project in Canada in the world-class Athabasca Basin, home to many of the world's richest uranium mines. The Perth-based explorer describes two of the project's four prospects as walk-up drill targets and they have been prioritised for drill testing later this year.

Valor Resources has scooped up a suite of high-grade uranium rock chips that have extended the surface mineralisation of a key drill target to a strike length of around 500m at its Surprise Creek project in Canada. The program yielded six samples grading over 1 per cent uranium oxide with anomalous copper and was headlined by a specimen running 7.98 per cent.

Valor Resources has successfully deployed radon-in-soil surveys at its Hidden Bay uranium project and identified priority targets located close to the historic Rabbit Lake mine in the Athabasca Basin, Canada. The surveys were designed to follow up on prospective targets previously identified by the company. The area of interest is situated close to the Athabasca unconformity with the potential for both basement-hosted and Athabasca sandstone-hosted uranium deposits.

Valor Resources has extended the surface uranium mineralisation of its Surprise Creek project in Canada to a strike length of almost 400m after receiving results from field work conducted last month. The program completed in October revealed five targets with a maximum scintillometer reading of 65,535 counts per second whilst a number of additional areas tested showed results of more than 10,000 cps.

Valor Resources has identified two substantial new anomalies at its Ichucollo and Huancune targets from an induced polarisation survey across the company's Picha copper and silver project in Peru. The explorer says the latest discoveries are coincident with significant surface copper mineralisation identified from channel sampling and combine with a previously identified anomaly for a strike length of more than 6km.

ASX-listed explorer Valor Resources has snared a suite of uber-impressive grade rock chips grading up to 6.13 per cent uranium oxide and an eye-catching 61.7 per cent copper at its Surprise Creek project in Canada. Legacy drilling at the tenure returned several compelling uranium intercepts, including 2.1m at 4.37 per cent from 57m, indicating the surface results could be just the tip of the iceberg.

Our board moves wrap includes Rob Foster, Mark Edwards, Tony Di Pietro, Robin Wilson, and Brian McMaster.

Mineral explorer Valor Resources has appointed highly experienced exploration executive Robin Wilson to the role of Technical Director as it looks to beef up the company's core skills. Wilson brings over 30 years of global exploration experience in many critical mineral commodities with a particular focus on uranium.

An exploration blitz by Valor Resources across its uranium prospects in the Athabasca Basin area of Canada has unearthed a swathe of new high-priority targets with more expected once all results are finalised. A total of 11 targets were identified at the company's Hook Lake uranium project from a recently completed airborne gravity survey, whilst final assay results from a diamond drilling program at the site have also been received.

Our board moves wrap includes Stuart Usher, Nathan Bartrop, Christopher Edwards, Hannah Hudson, Joe Graziano, and Paula Smith.

A successful field program at its Surprise Creek project in Canada has uncovered significant new uranium and copper mineralisation for Valor Resources in addition to confirming targets from historical results. Based on the quality of the findings from the field program, the company has increased its land holdings by pegging another 7 square kilometres to the north of the project.

ASX-listed Valor Resources has outlined six high priority drill targets following an initial field visit, legacy data review and airborne gravity survey at its Hidden Bay uranium project in Canada. The project is strategically located about 20km south of Cameco's historical Rabbit Lake mine where over 200 million ounces of uranium concentrate was once produced.

Valor Resources continues to make headway at its Picha project in southern Peru with recent channel sampling at the operation's Ichucollo target delivering a raft of notable hits, including 12m at 1.1 per cent copper with anomalous silver. Importantly, more than 30 of the 132 channel samples delivered encouraging assays above 0.5 per cent copper with some running up just shy of 8 per cent copper and 100 grams per tonne silver.

Valor Resources has identified highly prospective copper and uranium targets during a review of historical data from its Surprise Creek project in Canada's Athabasca Basin. Based on the copper results alone, including rock-chip samples between 0.25 and 5.9 per cent and soil samples up to 3300 parts per million, the company has extended its tenements by 11 square kilometres to the south-west.

Perth-based Valor Resources has identified seven high-priority uranium targets at its Cluff Lake project in the western Athabasca Basin in Canada after an extensive data review. The company says it is well advanced and can start a ground exploration program this month, including mapping and sampling, in addition to planning a drilling campaign.

Valor Resources' recent decision to add the 60 square kilometre Charaque project to the company's portfolio in Peru is paying off with high-grade silver hits more than 900 grams per tonne from rock and soil samples. Other strong results from its existing Picha project 30km away has spurred Valor to kick off a 5000m first-pass diamond drilling program across its prospective acreage.

Multi-commodity explorer Valor Resources is moving to expand its footprint in Peru by around 30 per cent after applying for a 60 square kilometre patch containing historic gold and silver mine workings. The new area is only 30km from its exciting Picha copper and silver project in the Moquegua area of southern Peru, a region seeing renewed interest from major mining houses.

Valor Resources has confirmed the prospectivity of multiple new targets at its Picha project in Peru. Recent spectral analysis highlighted two intriguing targets along a major regional structure hosting the Cobremani, Maricate and Cumbre Coya targets. Rock-chip sampling at the Huancune target has returned assays up to 3.95 per cent copper with a channel sample at the Pacojahua target returning an encouraging 0.82 per cent copper.

Results from Valor Resources' maiden drilling program at its Hook Lake uranium project have yielded encouraging results with elevated radioactivity in several holes at the S-Zone target. Valor is also planning an airborne gravity survey next month at its Hook Lake and the Cluff Lake projects and further drilling to chase up earlier rare earths results.

Valor Resources has mapped out five promising spectral anomalies at its Picha project, with trademark porphyry signatures indicating the explorer may be tantalisingly close to unearthing a porphyry-style deposit in its Peruvian precious metal hunt. The company's project lies only 17km from Chucapaca, Peru's largest goldmine, where close to eight million ounces of gold equivalent has been defined.

Mineral explorer Valor Resources has lit up an interesting geophysical anomaly at its Picha project in Peru. The 2km by 2km induced polarisation anomaly is believed to reflect potential copper-bearing sulphide mineralisation at depth related to a large porphyry body. The company has kicked up a clutch of compelling copper-silver targets from its combined geophysical and geochemical surveys that are begging to feel the drill bit.

Junior explorer Valor Resources has met its first-year expenditure and cash payment commitments under a farm-in agreement where it is looking to take an 80 per cent stake in the Hook Lake uranium project located 60 kilometres east of the Key Lake uranium mine in northern Saskatchewan in Canada. Expenditure by Valor has now exceeded the C$750,000 requirement set out in the farm-in agreement.

Valor Resources has kicked off a 2,500 metre diamond drilling program at its Hook Lake uranium project in the world class, uranium endowed Athabasca basin in Canada. Drilling is aimed at testing the extent of mineralisation after identifying surface anomalism that included rock chips grading up to 59.2 per cent uranium. It will also target a geochemical and structural target called the V-Grid.

Valor Resources says it is encouraged by results from ongoing geochemical and geophysical surveys in its hunt for Peruvian copper and silver at its Picha project after the company nailed a 1.2km by 2km open geophysical anomaly. It said the anomaly identified by the Induced Polarisation survey potentially represents a large porphyry copper system, which remains open to the south.

ASX-listed Valor Resources is about to wheel in the rotary truth diviner at its Hook Lake uranium prospect deep in northern Saskatchewan, Canada. Major Drilling has been contracted to run the 2500m drill program which will comprise of ten to fifteen 200-250m deep holes. The drill targets are within the “S Zone” target, where previous surface sampling returned assays of up to 59.2 per cent uranium oxide.

Valor Resources has unveiled a clutch of copper drill targets at its Picha copper and silver project in southern Peru courtesy of an ongoing ground geophysics program. According to the company, the geophysical anomalies correlate with surface mineralisation at the project and potentially point to mineralisation at depth. Valor is now planning a drilling campaign that will look to test the newly identified targets.

Valor Resources has extracted a handy $5.4m from the market to throw at its Canadian uranium projects as it ramps up exploration activities amid strengthening uranium prices. The Perth-based explorer is knee deep in a flurry of exploration activities as the uranium price is spurred on by increased global demand for yellow cake.

Elevate Uranium and Valor Resources have raised funds to advance their uranium projects, while fellow WA companies Saturn Metals and Medallion Metals are continuing their search for gold.

Mineral explorer Valor Resources continues to deliver the goods at its Picha copper and silver project in southern Peru. Recent channel sampling by the company at two separate areas has returned a 40.5 metre long surface channel grading 0.49 per cent copper at its Cumbre Coya prospect, with a 17.6m channel going 1.95 per cent copper also unearthed at the Maricate prospect some 500m away.

Mineral exploration company Valor Resources is onto a grab bag of significant grade copper samples, with some going as high as 13.4 per cent, arising from a geochemical sampling program at its Picha copper and silver project in southern Peru. At the Cobremani prospect, sampling of historical works delivered a continuous 35.6m long channel with an average 1.3 per cent copper and 22.85 g/t silver.

Valor Resources is on a roll in Canada with the budding explorer identifying new high-grade uranium mineralisation from rock chips at the company's Hook Lake project in Canada's famed Athabasca uranium basin. Additional silver, lead and high-grade rare-earths mineralisation with key rare earth elements neodymium, praseodymium and dysprosium have added some unexpected value to the project.

ASX listed Valor Resources has finalised the evaluation of targets at its Cluff Lake uranium project in Canada and will kick-off a boots-on-ground exploration program in September to further assess the highest priority targets. Initial exploration targeting was conducted using all available geological and geophysical datasets to prioritise areas for further ground reconnaissance to be completed.

Valor Resources looks to be on a roll in Canada with the budding explorer identifying a wealth of new uranium anomalies across the company's burgeoning ground holdings in Canada's famed Athabasca Basin. A recent radiometric survey at Hook Lake has highlighted several target zones in the northwest of the company's tenure, alongside various new targets outside the recognised historical prospects.