VR Resources Ltd (TSX-V:VRR, OTCQB:VRRCF) has expanded the number of claims it holds, covering an array of magnetic anomalies around its Northway kimberlite property and diamond discovery in northern Ontario.
The Northway strategy is now district-scale, as VR owns 1,567 claims in 16 separate claim blocks covering a total of 32,238 hectares.
Recent exploration results from Northway suggest the anomalies on the new ground represent a new and previously unexplored field of kimberlite pipes in the northern Superior Craton in northern Ontario.
The field is 300 kilometres to the south of the past-producing Victor diamond mine at Attawapiskat on James Bay.
All of the properties are proximal to the active Ontario Northern railroad, servicing northern Ontario. Northway itself is just 11 kilometres to the west of the line.
“The three reconnaissance drill holes answered the two key questions necessary for advancing a diamond exploration strategy around the breccia pipe discovery at Northway,” said Dr Michael Gunning, chief executive of VR Resources.
“One - is it the right composition for diamond stability in the kimberlite source area? And two - is there evidence for diamonds?”
Fragments of diamonds have indeed been found in the area, and more targets within a field of kimberlite pipes are likely to increase the odds of discovering a pipe with economic diamonds.