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 [...]
VR Resources Ltd. is pleased to provide an update on the recently completed fall reconnaissance drill program at its Hecla-Kilmer property and copper-gold breccia target located in northern Ontario. Program The Company completed four drill holes on the northern MVI anomaly at H-K for a total of 1,971 m. The crew, rig and road-accessible camp demobilized at the end of October before the onset of winter weather. Minalyze [...]
VR Resources Ltd. is pleased to provide an update on exploration completed this summer at its Reveille silver property located along the southeastern margin of the Walker Lane mineral belt in west-central Nevada. A new, covered and previously untested target for the potential core of the Reveille CRD silver-copper mineral system is evident from the integration of recently received 1D layered earth inversions of EM data [...]
VR Resources Ltd. is pleased to announce that drilling is now underway at the Hecla-Kilmer copper-gold breccia target in northwestern Ontario. Hecla-Kilmer is a polyphase alkaline intrusive complex with carbonatite 4 – 6 kms across, emplaced along the western margin of the crustal-scale Kapuskasing structural zone which bisects the Archean Superior Craton in northern Ontario. The property has been expanded [...]
VR Resources Ltd. is pleased to provide a brief update of exploration completed this summer at its recently acquired Reveille silver-copper property located along the southeastern margin of the Walker Lane mineral belt in west-central Nevada. This is not a comprehensive summary as not all final data are in hand, but the impact of new geochemical data is clear, as highlighted in the bullets and field photos below . A [...]
VR Resources Ltd. is pleased to announce that it has successfully Closed the recently announced Acquisition Agreement for the Reveille silver property in Nevada, and plans to commence exploration on the ground immediately. VR has been evaluating the Reveille property in the field for nearly two years. It covers an historic primary silver camp that dates back to the 1870’s, but lacks any modern exploration or [...]
VR Resources Ltd. is pleased to announce the acquisition of the Reveille silver property located approximately 75 km’s to the southeast along trend from the Company’s Big Ten epithermal gold project in west-central Nevada. As shown on Figure 1, the Reveille property is located in the southern part of the Walker Lane mineral belt in Nevada, host to numerous Tertiary-aged epithermal gold and silver deposits with [...]
VR Resources Ltd. is pleased to announce that it has successfully Closed the recently announced Acquisition Agreement for the Hecla-Kilmer property in northern Ontario, and plans to commence exploration on the property immediately. Hecla-Kilmer is a kilometre-scale, polyphase alkaline intrusive complex with carbonatite. There has been no previous exploration or drilling for a copper-gold hydrothermal breccia system. The [...]
VR Resources is pleased to announce the acquisition of the Hecla-Kilmer carbonatite complex and mineral property in order to bolster its Ranoke copper-gold exploration strategy in northern Ontario. As shown on Figure 1, the Hecla-Kilmer complex is located approximately 35 kilometres southwest of the Company’s Ranoke property in northern Ontario. Compared to the Ranoke property, it is located half the distance to the [...]
VR Resources is pleased to announce that it has closed its previously announced non-brokered private placement consisting of 9,014,654 units at a price of $0.22 per Unit and 1,291,667 flow-through common shares at a price of $0.24 per common share for aggregate proceeds of $2,293,223. 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 [...]
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