VR Resources Ltd (CVE:VRR) (OTCQB:VRRCF) (FRA:5VR) said Phase 1 of a planned two-stage reverse circulation (RC) drill program is now underway at the Reveille silver-copper property in Nevada.
The aim is to complete north of 1,500 metres drilling in five to six holes during the next two weeks.
VR CEO Michael Gunning said the goal as "simple", namely, a greenfields discovery which identifies for the first time silver and copper mineralization "proximal to the source and driver to the overall CRD mineral system responsible for the array of high-grade showings and historic workings in the south Reveille range".
READ: VR Resources poised for more exploration at Reveille silver project after receiving drill permit
The company noted that an induced polarization (IP) study was completed at the property last week and inversion models and 3D voxels derived from the survey are expected in April this year.
Reveille comprises 66 mineral claims in one contiguous block covering 1,344 acres and VR has been working there since June last year, with fieldwork wrapping up in the third week of December 2020.
Targets have been attained from detailed sampling and surveying and lie on the western side of this district-scale property for both silver-copper CRD mineralization, and for gold related to late, Carlin-style fluids.
This western flank has never been previously explored or drilled as the potential source and overall driver of the high-grade silver-copper mineralization at Reveille.
The company is also awaiting the permit for its nearby Amsel gold project to the north where it continues to plan for a drill program this summer.
Contact the author at giles@proactiveinvestors.com