VR Resources successfully completed its first winter drill program at the Silverback copper-gold project. The program, which concluded early this week, focused on testing the Central Zone target and the six-channel EM anomaly at North Arm. Six holes were completed for a total of 1,342 m, with the goal to test DIGHEM conductors and IP chargeability anomalies along inferred structures and associated with the large [...]
VR Resources Ltd. , the "Company", or "VR", is pleased to provide an update on its ongoing exploration activities at the Silverback and Empire projects in northwestern Ontario. Two holes are complete and third underway at Silverback, covering 700 metres of strike along the CZ target; Data from the down-hole EM survey at the Westwood target at the Empire Project has arrived, and we expect all remaining geochemical data [...]
VR Resources Ltd. , the "Company", or "VR", is pleased to announce that drilling is now underway at its Silverback copper-gold project in northwestern Ontario. The first hole, SB25-003, is at the southern end of the highest priority, Central Zone IP chargeability anomaly shown on plan map and section in Figure 1. The drill set up in the field this past weekend is shown in Photo 1. Pad building activities at both SB25-003 [...]
VR Resources Ltd. , the "Company", or "VR", is pleased to provide an update on exploration activities for its Empire project in northwestern Ontario. Upon the recent discovery of a polyphase and PGE-fertile mafic-ultramafic intrusion at the Westwood property, the Empire project and group of properties has been expanded to district-scale, as shown in Figure 1 below, in order to explore additional targets for Cu-Ni-PGE [...]
VR Resources announces it has closed the non-brokered flow-through private placement for gross proceeds of $400,000 through the issuance of 8,000,000 units at a price of $0.05 per FT Unit. Each FT Unit consisting of one Flow Through common share of the Company and one-half of one non-flow through common share purchase warrant. Each Warrant entitles the holder to acquire one additional common share at an exercise price of [...]
VR Resources announces the arrangement of a flow-through financing of $400,000. The Company plans to direct the funds immediately towards drilling planned for January on its copper-nickel-PGE and copper-gold properties in northwestern Ontario, namely: the new chargeability anomaly at Silverback, and follow up drilling to the recently completed Phase 1 drill program at Westwood on the Empire Project. The flow-through [...]
VR Resources has received the final, inverted data for the state-of-the-art, 3D array DCIP survey completed last month on its Silverback copper-gold project. A large, high amplitude chargeability anomaly is identified in the center of the project, central to the broadest part of the main mafic - ultramafic body with nickel-chrome mineralization, as shown in Figure 1. Photo 1 shows copper-gold mineralization in a sheared [...]
VR Resources is pleased to announce it has completed the Phase 1, reconnaissance drill program on the 1 x 2 km magnetic anomaly at Westwood, part of the Empire District Project. Five holes were completed for a total of 1,188 meters. Drilling targeted the center of the copper-gold-PGE mineral system exposed on surface at the showing on the Trans Canada Highway, at the southwestern margin of the magnetic high anomaly. Hole [...]
VR Resources is underway on the fourth hole of the Phase 1, reconnaissance drill program on the 1 x 2 km magnetic anomaly at Westwood, part of the Empire District Project in Northwestern Ontario. The first few core boxes in Hole 004 confirm that the target mafic-ultramafic rock with magmatic sulfide shown in Photo 1 below is present on the opposing side of the complex from the intersection in Hole 002 some 800 m away [...]
VR Resources is pleased to announce it has completed the first two holes of the maiden drill program at its Empire Project in Northwestern Ontario. Drilling now confirms the Westwood magnetic target is a large mafic-ultramafic complex, showing magmatic sulfide segregations consistent with the showing over 600m to the west on the Trans Canada Highway, and shown in Photo 1. At least one more drill hole is planned at Empire [...]
VR Resources is pleased to announce the signing of a memorandum of understanding with Lac des Mille Lacs First Nation with respect to VR's recently acquired Empire, Silverback and Rambler projects, near the town of Upsala. From VR's CEO, Justin Daley, "this MOU reflects a mutual desire for VR and LDMLFN to work together in a collaborative, mutually beneficial, and respectful manner with the shared goals of social [...]
VR Resources is pleased to announce drilling is now underway on Hole 1, WW24-001, at it's Empire Project, targeting the strongest IP chargeability results from the recently completed DCIP survey for magmatic sulfide containing copper, gold and platinum group elements within a large mafic intrusion in. Geophysical Targeting Preliminary geophysical inversion results for the Empire DCIP survey are now in hand for the 3 lines [...]
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