VR Resources Ltd. is pleased to provide an update on the ongoing exploration at its Reveille silver-copper and gold property in the Walker Lane gold-silver mineral belt in Nevada. Drill hole RVD21-001 completed to 109.7 m confirms a breccia pipe starting at surface at G1. The drill program is extended, with plans to start next week to complete 3 additional RC drill holes to target the base of the G1 pipe and its [...]
VR Resources Ltd. is pleased to announce that it has closed its previously announced non-brokered private placement consisting of 1,428,571 units at a price of $0.35 per Unit and 1,190,476 Flow-Through Shares at a price of $0.42 per FT Share for total gross proceeds of $1 million. 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 [...]
VR Resources Ltd. announces a non-brokered private placement for gross proceeds of $1,000,000. The financing has two parts. A flow-through private placement will consist of up to 1,190,476 flow-through shares at a price of $0.42 per FT Share for gross proceeds of $500,000. A hard-dollar private placement will consist of 1,428,571 units at a price of $0.35 per Unit for gross proceeds of $500,000, with each Unit consisting [...]
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 [...]