Valor Resources : Director Appointment Strengthens Valor Board

VALOR STRENGTHENS BOARD THROUGH THE APPOINTMENT OF

DR. NICHOLAS LINDSAY

ASX Release

Valor Resources Limited ("VAL" or the "Company") is pleased to announce the appointment of new Non-Executive Director, Dr. Nicholas Lindsay.

19 February 2018

VALOR RESOURCES LIMITED ACN 076 390 451

22 Lindsay Street PERTH, WA Australia

Tel: [phone]

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.

Fax: [phone]

Contact: Mark Sumner

Further to senior roles in Peru, Chile and Argentina, he has also held positions in the Former Soviet Union, South Africa and Australia. 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).

E-mail:[e-mail]

Nick is also a member of the AusIMM and the Australian Institute of Geoscientists.

Directors

Mark Sumner

Brian McMaster Nicholas Lindsay

Commenting on Dr. Lindsay's appointment, Chairman, Mark Sumner stated: "We are delighted to have secured the services of Dr. Lindsay, particularly at this stage in project development at Berenguela. Nick's expertise in metallurgy and commercial development of copper and silver projects in South America will bring a massive value add to the Valor team."

Paula Smith (Company Secretary)

"Nick's experience is invaluable and his enhanced technical guidance will be invaluable to our team on the ground as we begin to commence the follow up drilling campaign at Berenguela, update our scoping study and push towards a project feasibility study before the end of financial year.

ASX Code: VAL

"We maintain focused on continuing the strong momentum of 2017 and ensuring Berenguela becomes one of the Peru's leading copper assets. The Company has a number of developments on the horizon and will update shareholders as these materialise."

-ENDS-

For further information, please contact: Mark Sumner

Chairman

Media Relations:

Ben Jarvis, Six Degrees Investor Relations: [phone] Follow us on Twitter@valorresources