Company
VR Resources Ltd
CVE:VRR
VR Resources Ltd is an established junior exploration company focused on greenfields opportunities in copper and gold. VR is the continuance of 4 years of active exploration in Nevada by a Vancouver-based private company. The diverse experience and proven track record of its Board in early-stage exploration, discovery and M&A is the foundation of VR. The Company focuses on underexplored, large-footprint mineral systems in the western United States and Canada, and is well financed for its exploration strategies and corporate obligations. VR owns its properties outright, and evaluates new opportunities on an ongoing basis, whether by staking or acquisition.
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VR Resources announces completion of fall drilling at its Hecla Kilmer project in Ontario
“The goal of this fourth program was to complete additional drill holes into the two main areas with known higher grade critical metal mineralization in order to begin the assessment of their potential for mineral volume,” CEO Michael Gunni
VR Resources closes second and final tranche of non-brokered flow-through private placement for aggregate gross proceeds of $2,256,060
The closing of the financing is in concert with the start-up of the fall drill program to follow-up on the company's discovery of high-grade REE critical metal mineralization on its Hecla-Kilmer property in Northern Ontario
VR Resources says the fall drill program is underway at its Hecla-Kilmer critical metals discovery in Ontario
"It is good to have the camp up and running and the drill turning again on our critical metal discovery at Hecla-Kilmer,” said VR Resources CEO Michael Gunning
VR Resources poised for drill program at its Hecla-Kilmer critical metals discovery; closes two tranches of financings
The first tranche of the flow-through private placing was closed, comprising around 3.4 million units at Cof $0.18 each for total gross proceeds of C$608,700
VR Resources announces non-brokered flow-through private placement to fund a drill program on its Hecla-Kilmer Critical Metals discovery
The specific objective is to complete follow-up drill holes on the 247 metre intersection of 1.01% TREO starting at surface in Hole 13 completed in May, and in two other areas located 1.5 and 2.5 kilometers (km) to the south, respectively,
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VR Resources announces non-brokered private placement for gross proceeds of up to $4 million
The company said it will use the gross proceeds of the financing for its mineral exploration business, and more specifically to solidify its plan for continued drilling at its Hecla-Kilmer critical metal discovery in northern Ontario
VR Resources hits high-grade critical metals in new mineralized zone at its Hecla-Kilmer property in Ontario
Drill results included 25.5 metres (m) of 1.13% total rare earth oxide (TREO), within 55.2m of 0.7% TREO starting less than 30m from bedrock surface
VR Resources stakes Northway project near its Hecla-Kilmer property in Ontario to further its rare metals strategy
Updating on the company's exploration strategy, VR's CEO Dr Michael Gunning, said the discovery of the new niobium-rare earth metals system at Hecla-Kilmer was made last November
VR Resources intersects the broadest and highest-grade critical metal mineralization to date at Hecla Kilmer property in Ontario
The company emphasized the economic potential of the discovery noting that there is “continuous mineralization in potassic alteration over the entire 287-metre vertical hole”
VR Resources says new assay results from Hecla-Kilmer drill program confirm broad intersections of critical metals
VR has now confirmed rare earths and critical metals in seven of 11 drill holes at Hecla-Kilmer, over intervals ranging from 50 to 299 metres, with total REE concentrations of 0.5% on average, and up to 2.3 % TREO
VR Resources completes third drill program at Hecla-Kilmer project in northern Ontario
"The third drill program at Hecla-Kilmer is under our belt, completed on schedule and on budget, with a metre and hole production that far surpassed our expectations,” CEO Michael Gunning said
VR Resources planning a second leg of drilling at its Nevada property after first drill hole intersected 205 feet of silver and gold mineralization
The second stage of the reconnaissance drill program will test the company’s three target areas within the broad surface alteration footprint at the property, with a focus on the South IP anomaly
VR Resources gets drills turning on new magnetic anomalies at the Hecla-Kilmer copper-gold target
The firm is planning to drill between four to six holes on new magnetic anomalies identified recently in a drone survey
VR Resources says set to start third drill program at its Hecla-Kilmer (H-K) property in Ontario
"While we wait for the geochemical results from our recently completed first-pass drill program at our Amsel gold-silver target in Nevada, it is good to have the camp at Hecla-Kilmer back up and running in preparation for drilling," said th
VR Resources encouraged by early drill holes at Amsel gold-silver property, Nevada
Three reverse circulation holes were sunk on northern IP anomaly to depths of 732 metres in total and all three hit "continuous silica-sulphide alteration" throughout, the company said
VR Resources is set to kickoff Phase I drilling at its Amsel gold-silver property in Nevada
VR Resources CEO Dr Michael Gunning said: “High-grade veins at the Danbo property were our initial focus, but it is the Amsel property that has produced by far the most compelling and integrated target for a large-scale epithermal gold-silv