British Columbia, Oct. 21, 2019 -- VR Resources Ltd. is pleased to announce that it has closed the first tranche of the non-brokered private placement detailed in a news release dated October 16, 2019. The first tranche closing consists of 1,999,998 flow-through common shares issued at a price of $0.38 per flow-through common share for gross proceeds of $760,000. The securities that were issued under the flow-through [...]
British Columbia, Oct. 16, 2019 -- VR Resources Ltd. , the , or , is pleased to announce that it intends to complete a non-brokered private placement of up to 1,000,000 units at a price of $0.30 per Unit and 1,973,684 Flow-Through Shares at a price of $0.38 per FT Share for aggregate proceeds of up to $1,050,000. Each Unit will consist of one common share of the Company and one-half of a common share purchase warrant [...]
VR Resources Ltd. , the "Company", or “VR”, is pleased to provide an update on recently completed surface exploration at its Amsel property, one of seven properties within its Big Ten epithermal gold project located in the Walker Lane mineral belt of west-central Nevada. Based on the results of the surface geochemistry program, The Company staked additional claims to double the size of the Amsel property so as [...]
VR Resources Ltd. , the "Company", or “VR”, is pleased to provide an update for its Ranoke copper-gold property in Ontario. IP chargeability anomaly: A TITAN24 DCIP induced polarization survey confirms a broad IP chargeability anomaly 1.1 kilometres across within the high-density gravity anomaly at Ranoke; Iron Oxide hydrothermal breccia boulders: Prospecting discovers cobbles of sulfide-bearing hematite [...]
VR Resources Ltd. , the "Company", or “VR”, is pleased to announce that it has discovered a large and high amplitude gravity anomaly co-spatial with the magnetic anomaly at Ranoke copper-gold property in northern Ontario. Figure 1. Gravity anomaly. See Figure 2 at the end of this News Release for a complete survey image, and Figure 3 for the co-spatial magnetic anomaly. From VR’s CEO Dr. Michael H [...]
British Columbia, Aug. 14, 2019 -- VR Resources Ltd. is pleased to announce that it has filled and completed its previously announced non-brokered private placement of 2,200,000 units at a price of $0.22 per Unit for aggregate proceeds of $484,000. 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 [...]
British Columbia, Aug. 02, 2019 -- VR Resources Ltd. , the , or , is pleased to announce that it intends to complete a non-brokered private placement of up to 2,000,000 units at a price of $0.22 per Unit for aggregate proceeds of up to $440,000. Each Unit will consist 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 [...]
VR Resources Ltd. , the "Company", or “VR”, is pleased to outline its plans for exploration this summer at its Big Ten epithermal gold project in the Walker Lane belt of west-central Nevada. The Big Ten project currently includes seven properties, all 100% owned by VR, covering approximately 1,526 acres along a structurally controlled, 20 km long mineral trend within the Tertiary Big Ten volcanic caldera [...]
British Columbia, June 27, 2019 -- VR Resources Ltd. is pleased to announce that it has closed the second tranche and final tranche of the non-brokered private placement detailed in a news releases dated May 10, 2019 and May 16, 2019. Upon closing of the second tranche of the private placement, the Company issued 1,715,385 units at a price of $0.13 per unit and 70,000 flow-through common shares at a price of $0.15 for [...]
VR Resources Ltd. , the "Company", or “VR”, is pleased to announce that exploration is underway at its recently staked Ranoke copper-gold property in northern Ontario. This work will refine drill targets already apparent from the compilation of regional government surveys and archived mineral exploration assessment reports. Figure 1. High resolution airborne gravity and magnetic survey. A graphic accompanying [...]
British Columbia, May 16, 2019 -- VR Resources Ltd. is pleased to announce that it has closed the first tranche of the non-brokered private placement detailed in a news release dated May 10, 2019. The first tranche closing consists of 4,333,334 flow-through common shares issued at a price of $0.15 per flow-through common share for gross proceeds of $650,000. The securities that were issued under the flow-through private [...]
VR Resources Ltd. is pleased to announce a non-brokered private placement for an aggregate of up to $1.3 million in support of it’s 2019 spring exploration budget. The non-brokered private placement will consist of up to 4,500,000 flow-through common shares at a price of $0.15 per FT Share for gross proceeds of $675,000, which has been fully subscribed and up to 5,000,000 units at a price of $0.13 per unit for gross [...]