Belt of Valor

Belt of Valor is part of the Warrior-aimed Battlegear of Valor set, the Dungeon Set 1 gear set.

Source
This item drops from:
 * Bile Spewer in Stratholme
 * Patchwork Horror in Stratholme
 * Venom Belcher in Stratholme
 * Smolderthorn Berserker in Blackrock Spire

As a quest objective
This item is an objective of Just Compensation.

Please see the Dungeon Set 2 page for a walkthrough on upgrading your Set 1 pieces to Set 2.