VR Resources continues to advance its Kapuskasing Structural Zone regional exploration strategy for critical metals in northern Ontario. From VR's CEO, Dr. Michael Gunning, "The recent sale of the Hecla-Kilmer REE discovery highlights the success of the KSZ strategy, and frees-up the Company to advance its other properties in the district, shown in [...]
VR Resources is pleased to announce that further to its news releases of March 11, 2024, April 26, 2024 and May 31, 2024, the Company has completed the sale of its Hecla-Kilmer REE mineral property to Neotech Metals Corp. In consideration for the sale of the Hecla-Kilmer project, the Company received a cash consideration of $1,000,000, as well as [...]
VR Resources has completed the second hole and the maiden drill program on its New Boston polymetallic copper-moly-silver porphyry project in Nevada. Drill hole NB24-002 was completed to 709 m. Processing, logging and sampling of core continues. All assays are expected before the end of summer, and the total program of 1,310 m in two holes [...]
VR Resources announces that further to the Company's news releases of March 11, 2024, and April 26, 2024, wherein the Company announced that it had entered into a definitive agreement with Neotech Metals Corp. effective March 8, 2024, and subsequently amended on April 23, 2024, pursuant to which the Company agreed to sell to Neotech its 100 [...]
VR Resources has completed the first hole to target depth on its maiden drill program on its New Boston polymetallic copper-moly-silver porphyry project in Nevada. The drill is now turning on Hole 002. The Company does not expect to receive complete assays for the program until next month, if not July. Short of that, summary information and [...]
VR Resources, further to the Company's news release of March 11, 2024 wherein the Company announced that it had entered into a binding, definitive agreement with Neotech Metals Corp. effective March 8, 2024 pursuant to which the Company agreed to sell to Neotech its 100% interest in its Hecla-Kilmer REE mineral property located in Ontario, the [...]
VR Resources Ltd. is pleased to announce that the drill is turning on its maiden drill program on its New Boston polymetallic copper-moly-silver porphyry system. The program is planned around 2 - 4 drill holes, for between 1,500 and 2,000 metres in total, projected to take approximately one month to complete, with assays expected through May and [...]
VR Resources Ltd. has received the final data from a state-of-the-art airborne hyperspectral survey covering its New Boston property and polymetallic Cu-Mo-Ag porphyry system in west-central Nevada, and the spring drill program has mobilized. From VR's President & CEO, Dr. Michael Gunning, "Historical, boots-on-the-ground exploration was completed [...]
VR Resources is pleased to announce it has Closed the previously announced, $900,000 financing, and plans are now underway to mobilize the drill program at its New Boston porphyry copper-moly system in Nevada. The terms of the Financing are unchanged from those announced on March 22nd in NR-24-05. The Company has issued 5,982,665 units at a price [...]
VR Resources has increased its previously announced private placement from $500,000 to $900,000. The terms of the financing are unchanged from those announced on March 14th in NR-24-004. The Company will issue 5,982,665 units at a price of $0.15 per Unit for gross proceeds of $897,400. Each Unit will consist of one common share of the Company, and [...]
VR Resources Ltd. announces a non-brokered private placement for $500,000. The Financing will consist of up to 3,333,333 units at a price of $0.15 per Unit for gross proceeds of up to $500,000. Each Unit will consist of one common share of the Company, and one-half of one Common Share purchase warrant. Each Warrant entitles the holder to acquire [...]
VR Resources Ltd. has entered into a binding, Definitive Agreement to sell its Hecla-Kilmer REE mineral property located in Ontario in a transaction valued at $3.6 M in cash and shares, which will provide non-dilutive funding for a drill program planned for this spring on its New Boston copper-moly-silver porphyry system in Nevada. The binding [...]
