Note: These results are from playing on the Path Of The Warrior difficulty; results may
vary due to different difficulties. Also, the chest locations are taken from the center of
the entry circle.

Test Of Valor #1 - Chapter 3: Thunderclap Of Catastrophe

Enemies: Teleporting spellcasters, low level Claw Ninjas, low level Sword Ninjas, flaming
arrow ninjas 
Reward: Lives Of The Thousand Gods 
Test Of Valor #2 - Chapter 4: A Captive Goddess

Enemies: Lots of low level purple fiends 
Reward: Talisman Of Rebirth 
Test Of Valor #3 - Chapter 5: The Aqua Capital

Enemies: Low level lycanthropes, big fireball bats 
Reward: Jewel Of The Demon Seal 
Test Of Valor #4 - Chapter 6: The Lycanthropes Castle

Enemies: Scythe claw fiends, vampire bats 
Reward: Lives Of The Thousand Gods 
Test Of Valor #5 - Chapter 7: The Flying Fortress Daedalus

Enemies: Mechs, tactical ninjas, single rocket ninjas 
Reward: Left chest: Ghost Fish, right chest: Jewel Of The Demon Seal 
Test Of Valor #6 - Chapter 8: Submit, or Die!

Enemies: Four legged mechs, multi rocket ninjas 
Reward: Left chest: Jewel Of The Demon Seal, right chest: Ghost Fish 
Test Of Valor #7 - Chapter 9: Heart Of Darkness

Enemies: Bone scorpions, bugs 
Reward: Left chest: Ghost Fish, Right chest: Big Money Ball 
Test Of Valor #8 - Chapter 10: The Temple Of Sacrifice

Enemies: Ghost fish, red scythe claw fiends 
Reward: Left chest: Big Money Ball, center chest: Grains Of Spiritual Life, right chest:
Ghost Fish 
Test Of Valor #9 - Chapter 11: A Tempered Gravestone

Enemies: Uber claw ninjas, ninja dogs 
Reward: Left chest: Ghost Fish, center chest: Lives Of The Thousand Gods, right chest:
Ghost Fish