VR Resources Ltd (TSX-V:VRR, OTCQB:VRRCF) announced that it has sampled widespread, high-grade copper-silver mineralization at its New Boston polymetallic copper-moly-silver porphyry system in Nevada, including grades of 1.65% copper and 12.7 grams per tonne (g/t) silver as well as 1.74% copper with 1,115 g/t silver.
The junior exploration company said it completed a site visit to New Boston to sample stockwork copper-silver veins across the property in order to obtain modern ICP-MS geochemical data spanning the entire four-kilometre breadth of the polymetallic porphyry system and to establish site drill pad locations in the field in order to submit a Notice of Intent drill permit (NOI) application to the Bureau of Land Management (BLM).
"Conoco branded New Boston as a world class, and perhaps one of the largest known moly systems in the world at the time, during the porphyry exploration boom in western North America during the 1960s and 1970s, before exploration came to a grinding halt in 1981," VR Resources CEO Michael Gunning said in a statement.
"The state-of-the-art geophysics completed by VR in April, with technologies literally not available to Conoco in the 1970s, paints a clear picture for a central porphyry stock target with concentrated vein stockworks of conductive copper sulfide," he added.
VR Resources is an established junior exploration company based in Vancouver that evaluates, explores and advances opportunities in copper, gold and critical metals in Nevada and Ontario and most recently, a kimberlite breccia pipe discovery in northern Ontario.
Contact Sean at sean@proactiveinvestors.com