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VR expands its land position covering anomalies around its Northway kimberlite diatreme breccia and diamond discovery in northern Ontario.
(TheNewswire) Vancouver, BC - TheNewswire - October 24, 202 3 - VR Resour...
About this update from Vr Resources Ltd.
[{"type":"text","content":"VR expands its land position covering anomalies around its Northway kimberlite diatreme breccia and diamond discovery in northern Ontario.\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n Vancouver, BC -\n \n \n TheNewswire -\n \n \n October 24, 202\n \n \n 3\n \n \n -\n \n VR Resources Ltd.\n \n (TSX.V:VRR\n \n \n )\n \n \n (\n \n \n FSE:5VR\n \n \n )\n \n \n (\n \n \n OTC:VRRCF\n \n \n )\n \n , the\n\"\n \n Company\n \n \", or\n“\n \n VR\n \n ”, has expanded the\nnumber of claims covering an array of magnetic anomalies around its\nNorthway kimberlite diatreme breccia property and diamond discovery in\nnorthern Ontario.\n \n \n \n Figure 1\n \n . Location of the new\nNorthway properties relative to local, provincial and national\ninfrastructure.\n \n \n \n The Northway strategy is now\ndistrict-scale\n \n . VR now owns\n \n 1,567 claims\n \n in 16 separate claim blocks covering a total of\n \n 32,238 ha\n \n .  All of the claims\nare owned 100% by VR.  The strategy is expanded based on the three\nreconnaissance drill holes completed into the diatreme breccia pipe\ncomplex at Northway, most importantly:\n \n \n \n \n \n Composition\n \n . The breccia is\nconsistent with a\n \n kimberlitic\ndiatreme\n \n sourced in a diamond-stable region of the upper mantle\nbased on the composition of numerous different minerals, including\nhigh-Mg chromite, phlogopite and richterite, and;\n \n \n \n \n \n Diamonds\n \n . There is evidence\nfor diamond fertility, with clear, inclusion free and transparent\nfragments of larger diamonds in three different intervals within the\nbreccia pipe complex.\n \n \n \n \n VR began to stake and/or acquire claims covering magnetic anomalies\naround Northway in December, 2022.  Based on the results from\nNorthway, the anomalies almost certainly represent a new and\npreviously unexplored field of kimberlite pipes in the northern\nSuperior Craton in northern Ontario.  The field is 300 km to the\nsouth of the past-producing Victor diamond mine at Attawapiskat on\nJames Bay.\n \n \n \n Figure 2.  Location is\nimportant\n \n .  It facilitates cost-effective exploration at\nNorthway and the surrounding targets, and it provides important\ninfrastructure necessary for any potential development in the future:\n \n \n \n \n All of the properties are proximal to the active O...