VR Resources Ltd. is pleased to announce that it has received the final data for the detailed, ground-based gravity survey carried out in March over the multi-phase carbonatite complex on its Hecla-Kilmer property located in Northern Ontario. The result is obvious; the intervals of copper, gold and critical metal mineralization intersected last fall by VR are located on the eastern margin of a large and high amplitude [...]
VR Resources Ltd. , the "Company," or "VR," is pleased to confirm that the drill is back on site and turning at its Reveille property in Nevada. VR was able to secure a track-mounted diamond drill rig on route to a nearby project in order to complete a core hole on the jasperoid breccia-pipe gold target at Reveille named G1. As shown in the field photograph from yesterday in Photo 1, the drill hole is located on a ridge [...]
VR Resources Ltd. is pleased to provide a brief update on the maiden RC drill program at its Reveille silver-copper property in Nevada. Photo 1. Four of five RC drill holes planned for the Phase I program at Reveille were completed in ten days for a total of 4,347 feet by a truck-mounted TH75 rig. Each hole was between 1,000 and 1,200 ft long. Continuous geochemical sampling of every 5 ft run in each hole is complete, and [...]
VR Resources Ltd. is pleased to provide an update on compiled and integrated geochemical data from the recent four-hole reconnaissance drill program completed late in 2020 at its Hecla-Kilmer carbonatite property and copper-gold breccia target. Results include: A broad intersection of lithium mineralization discovered in drill hole HK20-002; Broad intersections of critical minerals, niobium-thorium-REE , discovered in [...]
VR Resources Ltd. is pleased to announce that drilling is underway at its Reveille silver-copper property. The RC drilling now under way is Phase 1 of a planned two-stage program, with the current objective of completing upwards of 1,500 metres in 5 to 6 holes during the next 2 weeks. Figure 1 is a map showing the locations of all of the permitted drill holes at Reveille. The specific drill hole locations for the current [...]
VR Resources Ltd. is pleased to announce that it has closed its previously announced non-brokered flow-through private placement consisting of 365,854 flow-through shares at a price of $0.41 per flow-through share for gross proceeds of $150,000.14. In connection with the Financing, the Company paid a cash finders fee of $9,000.00, issued 10,975 finders share purchase warrants and paid a legal fee of $1,000. The finders [...]
VR Resources Ltd. announces a non-brokered flow-through private placement for $150,000. The non-brokered flow-through private placement will consist of up to 365,854 flow-through shares at a price of $0.41 per FT Share for gross proceeds of $150,000.14. The Company will pay a 6% cash finders fee and will issue 3% finders warrants exercisable at $0.55 per warrant share for a period of 18 months from the closing date, and a [...]
VR Resources Ltd. is pleased to announce: that it has received its drill permit for its Reveille silver-copper property in Nevada; a state-of-the-art 3D array DCIP geophysical survey is set to commence at the end of this week, and; Phase 1 of a two-stage RC drill program is set to commence in two to three weeks time. Figure 1 shows the locations of the permitted drill holes and the 3D DCIP survey planned along the western [...]
VR Resources Ltd. is pleased to announce that it has closed its previously announced non-brokered private placement consisting of 5,134,933 units at a price of $0.30 per Unit for gross proceeds of $1,540,480. 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 holder to acquire one additional common share at an exercise price of $0.45 [...]
VR Resources Ltd. is pleased to announce that the Company intends to complete a non-brokered private placement of up to 5,000,000 units at a price of $0.30 per Unit. Each Unit will consist of one common share of the Company and one-half of a common share purchase warrant, with each whole Warrant entitling the holder to acquire one additional Common Share at an exercise price of $0.45 per Common Share for a period of 18 [...]
VR Resources Ltd. is pleased to announce that planning is underway to commence with Phase I of a two-stage reverse circulation drill program planned for 2021 on its Reveille silver-copper CRD property in Nevada. The Context VR has been working on Reveille continuously since June of last year, with field work wrapping up in the third week of December. Integrated targets are now delineated on the western side of the [...]
VR Resources Ltd. is pleased to provide a year-end update for a busy year of exploration in the field at the Company’s Reveille silver-copper property located along the eastern margin of the Walker Lane mineral belt in west-central Nevada. Work Done Our crew has just returned from the final stint of field work for 2020. Rock and soil samples are shown on Figure 1, in the context of the core targets which have [...]
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