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 [...]
VR Resources Ltd. is pleased to report receipt of additional geochemical data which increases the PMREO content of the high-grade rare earth element mineralization intersected in HK22-013 at its Hecla-Kilmer critical metal project. The intersection for Hole 13, originally reported on July 21st, 2022 in NR-22-08, is now reported as: 243 m @ 1.02 [...]
VR Resources Ltd. is pleased to announce the successful completion of the fall drill program at its Hecla Kilmer project and critical metals discovery. 1,719 m completed in 6 drill holes, ranging from 147 - 396 m in length; 1,273 samples have been submitted for geochemical analysis. Program Summary VR has now completed 22 drill holes for a total of [...]
VR Resources Ltd. is pleased to announce, further to its news releases dated September 15 and 26, 2022, the second and final closing of the previously announced non-brokered Flow Through private placement. In connection with the second tranche closing of the FT Financing, the Company issued today an additional 1,670,000 FT Units. In addition to the [...]
VR Resources Ltd. is pleased to announce that drilling is underway at its Hecla-Kilmer property. Drilling will focus on two of three areas of high grade critical metal mineralization discovered by VR within a large hydrothermal breccia system hosted within the multiphase alkaline complex with carbonatite at Hecla-Kilmer. Four to five holes are [...]
VR Resources Ltd. is pleased to announce the closing of two tranches of its previous announced Flow Through and Hard dollar financings. A third and final closing is anticipated for the week of October 4th, in concert with the planned start-up of the fall drill program at the Company's discovery of high grade REE mineralization on its Hecla-Kilmer [...]
VR Resources Ltd. announces a non-brokered flow-through private placement in order to confirm funds for a drill program planned for next month on its Hecla-Kilmer Critical Metals discovery. The Financing will consist of 5,000,000 units at a price of $0.18 per Unit for gross proceeds of up to $900,000. Each Unit will consist of one flow through [...]
VR Resources Ltd. is pleased to announce that it has closed the first tranche its previously announced non-brokered private placement , consisting of 6,443,750 units at a price of $0.16 per Unit for total gross proceeds of $1,031,000. Each Unit consists of one common share of the Company and one-half of a common share purchase warrant. Each whole [...]
VR Resources Ltd. announces a non-brokered private placement for gross proceeds of up to $4,000,000. The financing is a hard-dollar private placement, non-brokered, on a best efforts basis. It will consist of 25,000,000 units at a price of $0.16 per Unit for gross proceeds of up to $4,000,000, with each Unit consisting of one common share of the [...]
VR Resources announces the discovery of another high grade zone of critical metals in one of two new areas of mineralization at its Hecla-Kilmer property. 25.5 m @ 1.131% TREO with 18% as Magnet REO*, within 55.2 m @ 0.70% TREO starting less than 30 m from bedrock surface in Hole HK22-015. Magnet REO: is PMREO divided by TREO and expressed as a [...]
VR Resources provides a brief update on its critical metal exploration strategy in northern Ontario. Ultra – high resolution drone magnetic data received for the recently staked. Northway property located 15 km to the northeast of Hecla-Kilmer; Application underway for new MNDM drill permit for Northway. From VR’s CEO, Dr. Michael Gunning, “Last [...]
