VR Resources Ltd. announces a non-brokered private placement for $800,000. The Company plans to direct the funds immediately into completion of an additional drill hole later this month into the large kimberlite breccia complex discovered at its Northway property. This drill hole will enable the Company to increase the amount of drill core [...]
VR Resources is pleased to provide the following update on its exploration activities: Three drill holes completed for 1,035 metres in three different areas of REE critical metal mineralization at its Hecla-Kilmer project in northern Ontario. Geochemical data are expected later this summer. The metallurgy and beneficiation study on dedicated drill [...]
VR Resources Ltd. is pleased to announce that drilling has successfully intersected kimberlite diatreme breccia in Hole NW23-002 located in the center of the large magnetic anomaly, 1.2 km in diameter, at its Northway project located in northern Ontario. Hole NW23-002 is 450 metres northwest of hole 001 located on the southern edge of the anomaly [...]
VR Resources Ltd. has strengthened its Corporate framework as drilling gets underway at its Northway kimberlite breccia pipe and Hecla-Kilmer REE critical metals project in northern Ontario. From VR's Founder and CEO, Dr. Michael Gunning; The expansion and strengthening of VR across our Board, Management and Technical teams conveys our conviction [...]
VR Resources Ltd. is pleased to announce it has Closed the recently announced, non-brokered private placement for gross proceeds of $1.88M. Plans are now underway to commence drilling next month at the Company's REE critical metals project at Hecla-Kilmer and the kimberlite discovery nearby at Northway, located in northern Ontario. The First [...]
VR Resources Ltd. is pleased to announce it has Closed $1.7M in the first tranche of the recently announced, non-brokered private placement of $2M . Plans are now underway to commence drilling next month at the Company's kimberlite discovery at Northway and REE project at Hecla-Kilmer, both. Proceeds from the first tranche of the Financing break [...]
VR Resources Ltd. announces a $2m non-brokered private placement , with funds to be directed to drilling this spring for the initial micro-diamond evaluation at the Company's Northway kimberlite discovery, and for infill drilling and metallogeny at the Hecla-Kilmer REE critical mineral discovery, both. The private placement financing includes both [...]
VR Resources reports that the diatreme breccia reported last fall at its Northway property. Highlights Drill core relationships suggest mid-Paleozoic age: Northway confirms the potential for a new kimberlite field in eastern Canada; VR has staked 20 new Tier 1 and Tier 2 targets; VR plans to drill the center of the 1,200 m anomaly at Northway in [...]
VR Resources Ltd. is pleased to report on the first phase of the mineralogy and metallurgy study of the REE critical metal mineralization at its Hecla-Kilmer project in northern Ontario. Highlights Scanning electron microprobe confirms PMREO minerals hosted in monazite and parisite, phosphate and fluorocarbonate minerals, respectively. The REE [...]
VR Resources Ltd. is pleased to report the remaining geochemical data from the five-hole drill program completed last fall on its Hecla-Kilmer REE critical metal discovery. Drill Hole HK22-018 on a north-easterly structure from Hole 13 at Pike Zone: 2m @ 3.72% TREO with 33% PMREO, within 5m @ 1.73% TREO with 21% TREO, above 105 m @ 0.6% TREO with [...]
Drill Hole HK22-020: 212 m of continuous mineralization at 0.7% TREO with 17% PMREO, with one metre samples up to 2.7% TREO with 28.5% PMREO, and including 48 m @ 1.0 % TREO with 19% PMREO at the end of the hole, and open to depth. The 212 metre intersection in Hole HK22-020 is on structure, along-strike to the southeast of the 25.5 m @ 1.131% TREO [...]
Drill Hole HK22-013: 361 m @ 0.96 % TREO of which 20% are PMREO within 461 m @ 0.85 % TREO + 0.13% Nb2O5, starting at bedrock surface, and including: 39 m @ 2.01 % TREO within 66.6 m @ 1.57 % TREO with 20% as PMREO. The extended Hole to 504 metre depth ends with 2 m @ 2.84 % TREO and 1.1 g/t gold. Gold increases with TREO grades, and is associated [...]