VR Resources is pleased to announce new data, and results of a comprehensive geochemical study, at its 100%-owned Silverback Project in Northwest Ontario, based on core samples from the two scout drill programs across three key target areas known as West Dyke, Central Zone and North Arm. The new data reveal clear vectors along a dominant northeasterly structural corridor that correlates with anomalous gold zones, and [...]
VR Resources is pleased to report results from its first winter drill program at the Silverback copper-gold project. Shear-zone hosted quartz veins with pyrite, chalcopyrite and anomalous gold intersected in four of six holes. The Cu-Au geochemical signature is consistent with an epizonal, intrusion-associated orogenic mineral system. Six holes were completed for a total of 1,342 meters. The drilling tested IP [...]
VR Resources announces results from the maiden reconnaissance drill program on the Westwood Target, part of the Empire Project. Copper, nickel and platinum group elements mineralization within the Westwood complex was first observed at the Trans Canada highway occurrence on the western margin of a more than 2 km long, northeast striking magnetic high anomaly. Drilling has now confirmed the anomaly to be a fertile [...]
VR Resources successfully completed its first winter drill program at the Silverback copper-gold project. The program, which concluded early this week, focused on testing the Central Zone target and the six-channel EM anomaly at North Arm. Six holes were completed for a total of 1,342 m, with the goal to test DIGHEM conductors and IP chargeability anomalies along inferred structures and associated with the large [...]
VR Resources is pleased to provide an update on its ongoing exploration activities at the Silverback and Empire projects in northwestern Ontario. Two holes are complete and third underway at Silverback, covering 700 metres of strike along the CZ target; Data from the down-hole EM survey at the Westwood target at the Empire Project has arrived, and we expect all remaining geochemical data from the December drill program [...]
VR Resources is pleased to announce that drilling is now underway at its Silverback copper-gold project. The first hole, SB25-003, is at the southern end of the highest priority, Central Zone IP chargeability anomaly shown on plan map and section in Figure 1. The drill set up in the field this past weekend is shown in Photo 1. Pad building activities at both SB25-003 & 004, shown on Figure 1, have revealed evidence of [...]
VR Resources is pleased to provide an update on exploration activities for its Empire project in northwestern Ontario. Upon the recent discovery of a polyphase and PGE-fertile mafic-ultramafic intrusion at the Westwood property, the Empire project and group of properties has been expanded to district-scale, as shown in Figure 1 below, in order to explore additional targets for Cu-Ni-PGE mineralization in previously [...]
VR Resources announces it has closed the non-brokered flow-through private placement for gross proceeds of $400,000 through the issuance of 8,000,000 units at a price of $0.05 per FT Unit. Each FT Unit consisting of one Flow Through common share of the Company and one-half of one non-flow through common share purchase warrant. Each Warrant entitles the holder to acquire one additional common share at an exercise price of [...]
VR Resources announces the arrangement of a flow-through financing of $400,000. The Company plans to direct the funds immediately towards drilling planned for January on its copper-nickel-PGE and copper-gold properties in northwestern Ontario, namely: the new chargeability anomaly at Silverback, and follow up drilling to the recently completed Phase 1 drill program at Westwood on the Empire Project. The flow-through [...]
VR Resources has received the final, inverted data for the state-of-the-art, 3D array DCIP survey completed last month on its Silverback copper-gold project. A large, high amplitude chargeability anomaly is identified in the center of the project, central to the broadest part of the main mafic - ultramafic body with nickel-chrome mineralization, as shown in Figure 1. Photo 1 shows copper-gold mineralization in a sheared [...]
VR Resources is pleased to announce it has completed the Phase 1, reconnaissance drill program on the 1 x 2 km magnetic anomaly at Westwood, part of the Empire District Project. Five holes were completed for a total of 1,188 meters. Drilling targeted the center of the copper-gold-PGE mineral system exposed on surface at the showing on the Trans Canada Highway, at the southwestern margin of the magnetic high anomaly. Hole [...]
VR Resources is underway on the fourth hole of the Phase 1, reconnaissance drill program on the 1 x 2 km magnetic anomaly at Westwood, part of the Empire District Project in Northwestern Ontario. The first few core boxes in Hole 004 confirm that the target mafic-ultramafic rock with magmatic sulfide shown in Photo 1 below is present on the opposing side of the complex from the intersection in Hole 002 some 800 m away [...]
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