VR Resources Ltd (CVE:VRR) (OTCQB:VRRCF) (FRA:5VR) has updated on the maiden reverse circulation (RC) drill program at its Reveille silver-copper project in Nevada, from which over 800 geochemical samples from the first four holes have now been submitted to the lab.
Four of the five holes planned in the phase I program were completed in ten days for a total of 4,347 feet (ft) with each hole between 1,000 and 1,200 ft long.
A fifth hole, designed to test a low-density gravity anomaly, will be completed in a few weeks using a smaller, track-mounted rig, said VR.
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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 were attained from detailed sampling and surveying and lie on the western side of the district-scale property for both silver-copper CRD mineralization, and for gold related to late, Carlin-style fluids.
The western flank has never been previously explored or drilled as the potential source of the high-grade silver-copper mineralization at Reveille during the past 140 years of prospecting which has focused on high-grade showings exposed in the hills of the Reveille range to the east.
"We are now making general preparations for Phase II drilling in June while we wait for the final geochemistry and hyperspectral mineral chemistry from Phase I to arrive, along with the final 3D IP inversion models," said VR’s CEO Dr Michael Gunning in a statement.
The firm has also expanded the soil geochemistry grid that was completed in December farther to the west to cover the same general area as the IP survey, he added.
"We look forward to providing further updates as our data come in and our drilling advances at Reveille this spring."
Contact the author at giles@proactiveinvestors.com