** Shares of mineral explorer Valor Resources VAL.AX rise
as much as 17.7% to A$0.020, set for best day since Oct. 19
** Co says its Picha project in Peru returned further
high-grade copper and silver mineralisation results urn:newsml:reuters.com:*:nASX5LYBHL
** Says it has identified drilling target priorities and has
commenced the permitting process for next phase of drilling
** At 38.1 mln, volumes are 1.9 times the 30-day average of
20.2 mln shares
** As of last close, stock had more than tripled in value
this year
(Reporting by Himanshi Akhand in Bengaluru)
((Himanshi.Akhand@thomsonreuters.com;))