VR Resources Ltd. announces a non-brokered private placement for $500,000. The Financing will consist of up to 3,333,333 units at a price of $0.15 per Unit for gross proceeds of up to $500,000. Each Unit will consist of one common share of the Company, and one-half of one Common Share purchase warrant. Each Warrant entitles the holder to acquire one additional Common Share at an exercise price of $0.20 per Common Share [...]
VR Resources Ltd. has entered into a binding, Definitive Agreement to sell its Hecla-Kilmer REE mineral property located in Ontario in a transaction valued at $3.6 M in cash and shares, which will provide non-dilutive funding for a drill program planned for this spring on its New Boston copper-moly-silver porphyry system in Nevada. The binding terms of the Definitive Agreement include: Sale of a 100% interest in H-K to [...]
VR Resources Ltd. has just completed its final field visit in preparation for the maiden drill program planned for its New Boston property and polymetallic Cu-Mo-Ag porphyry system in west-central Nevada. Confirmed drill hole designs while standing on recently permitted drill sites in the field; Met with drill contractors to discuss logistics and timing for an efficient drill program; Staked out earth work plans for drill [...]
VR Resources Ltd. is pleased to provide an update on work planned in Q1 2024 to continue advancing the REE discovery at its Hecla-Kilmer project located in northern Ontario. VR's goal is to assess the potential for the first sustained rare earth element production, including the Permanent Magnet Rare Earth Oxides Nd, Pr, Tb and Dy, in Canada. Plans for Q1 2024 include: Phase 2 Metallurgical Studies: Completion of Phase II [...]
VR Resources Ltd. is pleased to report results from ongoing metallurgical work for rare earth element mineralization at the company's Hecla-Kilmer project in northern Ontario. New chemical data from laser ablation ICP-MS on the Hole 13 bulk sample confirms that the phosphate mineral apatite is uniquely enriched in REE. The apatite plays a dual role in REE mineralization: its crystal structure is uniquely enriched in REE [...]
VR Resources Ltd. has received its first NOI drill permit for its New Boston property and polymetallic copper-moly-silver porphyry system located in west-central Nevada. Figure 1. Satellite image showing selected drill sites for NOI permit applications for New Boston. For strategic reasons, two separate NOI permit applications have been prepared to cover both the large IP chargeability anomaly at Jeep Mine and the large [...]
VR Resources Ltd. is pleased to provide an exploration update for its New Boston polymetallic copper-moly-silver porphyry system located in west-central Nevada. VR completed a site visit to New Boston in August for two reasons: Sample stockwork copper-silver veins across the property in order to obtain modern ICP-MS geochemical data spanning the entire 4 km breadth of the polymetallic porphyry system, and; Site drill pad [...]
VR Resources Ltd. has expanded the number of claims covering an array of magnetic anomalies around its Northway kimberlite diatreme breccia property and diamond discovery in northern Ontario. Location of the new Northway properties relative to local, provincial and national infrastructure. The Northway strategy is now district-scale. VR now owns 1,567 claims in 16 separate claim blocks covering a total of 32,238 ha. All [...]
VR Resources Ltd. is pleased to report results for the recent, spring 2023 drill program as well as the initial results on mineralogy from the bulk sample extraction and beneficiation study for rare earth element mineralization at the company's Hecla-Kilmer project in northern Ontario. REE critical metals were discovered at Hecla-Kilmer in the very first reconnaissance drill program in 2020, with 24 holes completed [...]
VR Resources Ltd. has received complete results from caustic fusion and mineralogy for all three drill holes completed into the kimberlite breccia pipe complex on its Northway property in Northern Ontario. Photos of microdiamonds 63m and 220m below the top of the kimberlite pipe in NW23-003. Microdiamonds were recovered in 2 separate intervals within drill hole NW23-003, the last of the three first-pass drill holes into [...]
VR Resources Ltd. has received complete results from caustic fusion and mineralogy from hole NW22-001, the first hole into the kimberlite breccia pipe on its Northway property in Northern Ontario. A micro-diamond fragment was recovered from the uppermost part of the 30 metres of kimberlitic material intersected in drill hole NW22-001, the first reconnaissance drill hole into the eastern part of the 1.2 km magnetic anomaly [...]
VR Resources Ltd. is pleased to announce the voting results from the Company's Annual General Meeting of Shareholders held on Thursday August 31, 2023. A total of 46,629,676 common shares were voted at the Meeting, being 40.92% of the Company's total issued and outstanding common shares. A majority of shareholders voted in favor of the management resolutions brought before the Meeting, including: I. The number of [...]
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