VR Resources Ltd. announces a non-brokered flow-through private placement for $1 million. The non-brokered flow-through private placement will consist of up to 2,631,579 flow-through shares at a price of $0.38 per FT Share for gross proceeds of $1,000,000. The Company will pay a 6% cash finders fee and will issue 6% finders warrants exercisable at $0.50 per warrant share for a period of 18 months from the closing date. VR [...]
VR Resources Ltd. is pleased to provide new data from the first of five holes completed in October at its Hecla-Kilmer project in northern Ontario. A 299 m intersection in drill hole HK21-005, starting near surface, confirms the discovery of a new and large-footprint REE and Critical Metals system at H-K: Total rare earth oxides average 0.47% TREO over 299.53 m starting near surface at 52 metres hole depth, just 8 metres [...]
VR Resources Ltd. is pleased to provide an important update for its Amsel gold-silver project in Nevada: The United States Forest Service has concluded its review with a Positive Decision for the Company's drill permit application for its Amsel project. In follow-up to the Decision, the Company will arrange to post an environmental bond, a standard condition for a final permit. The Company has received final data from age [...]
VR Resources Ltd. announces that the fall 2021 drill program has been completed at its Hecla-Kilmer project in northern Ontario, with 5 holes completed to target depths for a total of 2,604 m. Figure 1 shows the four drill holes completed in 2020 which targeted the northern MVI anomaly at H-K, derived from the 3D inversion of the high resolution airborne magnetic survey over the entire H-K complex, and which resulted in [...]
VR Resources Ltd. is pleased to report that is has received all of the rock and mineral chemistry data from drilling this summer on its Reveille silver-copper project in Nevada. silver is confirmed in the large G1 breccia pipe, up to 97.9 g/t; gold is confirmed over a 40m interval within the broad, 150 m pyrite intersections at Kawich; Kawich is confirmed as the potential porphyry center driving Reveille based on a clear [...]
VR Resources Ltd. is pleased to announce that drilling is now underway at its Hecla-Kilmer property and copper-gold-REE hydrothermal breccia target. Photo 1 is a photograph from the field this past weekend, Sunday, September 12th, showing the diamond drill rig at HK21-005, shown on the location map in Figure 1. Figure 1 shows the locations of the drill holes planned for this fall, and those completed last fall, in [...]
VR Resources Ltd. is pleased to provide an update on its ongoing exploration of the multi-phase carbonatite complex and IOCG breccia system at its Hecla-Kilmer property located in Northern Ontario: New data from the re-assay of sample pulps from drill hole HK20-002 confirm rare earth element concentrations exceeding 0.5% TREO over widths exceeding 50 m in high density mineralization zones within hydrothermal breccia. The [...]
VR Resources Ltd. is pleased to report that Phase II of its first-pass RC drill program at its Reveille silver-copper and gold property in the Walker Lane gold-silver mineral belt in west-central Nevada has been completed. Four holes were completed for a total of 1,552 metres. The current drilling follows up on the geochemistry from the four Phase I drill holes completed in March, and it tests the Kawich anomaly that was [...]
VR Resources Ltd. is pleased to provide an update on the ongoing exploration at its Reveille silver-copper and gold property in the Walker Lane gold-silver mineral belt in west-central Nevada. Phase II drilling is underway In follow-up to results from the completion of 5 drill holes in March and in May for Phase I of the Reveille drill program, Phase II drilling is now underway. Four drill holes, each from 1,000 - 1,500 [...]
VR Resources Ltd. is pleased to provide an update on the ongoing exploration at its Reveille silver-copper and gold property in the Walker Lane gold-silver mineral belt in Nevada. Drill hole RVD21-001 completed to 109.7 m confirms a breccia pipe starting at surface at G1. The drill program is extended, with plans to start next week to complete 3 additional RC drill holes to target the base of the G1 pipe and its [...]
VR Resources Ltd. is pleased to announce that it has closed its previously announced non-brokered private placement consisting of 1,428,571 units at a price of $0.35 per Unit and 1,190,476 Flow-Through Shares at a price of $0.42 per FT Share for total gross proceeds of $1 million. Each Unit consists of one common share of the Company and one-half of a common share purchase warrant. Each whole warrant will entitle the [...]
VR Resources Ltd. announces a non-brokered private placement for gross proceeds of $1,000,000. The financing has two parts. A flow-through private placement will consist of up to 1,190,476 flow-through shares at a price of $0.42 per FT Share for gross proceeds of $500,000. A hard-dollar private placement will consist of 1,428,571 units at a price of $0.35 per Unit for gross proceeds of $500,000, with each Unit consisting [...]
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