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VR Resources Completes Fall Drill Program at Hecla-Kilmer Critical Metals Discovery in Northern Ontario
VANCOUVER, British Columbia, Nov. 15, 2022 (GLOBE NEWSWIRE) -- VR Resources Ltd. (TSX.V: VRR, FSE: 5VR; OTCQB: VRRCF), the "Company", or “VR”, is pleased to ann
About this update from Vr Resources Ltd.
[{"type":"text","content":" VANCOUVER, British Columbia, Nov. 15, 2022 (GLOBE NEWSWIRE) -- VR Resources Ltd. (TSX.V: VRR, FSE: 5VR; OTCQB: VRRCF), the \"Company\", or “VR”, is pleased to announce the successful completion of the fall drill program at its Hecla Kilmer (“H-K”) project and critical metals discovery located in northern Ontario. 1,719 m completed in 6 drill holes, ranging from 147 – 396 metres in length; 1,273 samples have been submitted for geochemical analysis. Program Summary VR has now completed 22 drill holes for a total of 8,767 m at Hecla Kilmer, in four programs starting in the fall of 2020. The locations of all holes are shown on the property-scale magnetic map in Figure 1. The current drill program completed three holes to test for extensions around the 243 m intersection at 1.01 % TREO in Hole 13, and; two holes were completed around the 55 m intersection in Hole 15 located 2.5 km to the south, in the south rim of the complex. The exploration camp established in 2020 at the terminus of Highway 634 at the Otter Rapids hydroelectric facility again provided for efficient and cost-effective logistics for the six week program. The Company is able to submit its drill core samples for geochemistry to the laboratory in Timmins in sequence, as each drill hole is completed, because Timmins is just a three hour drive south from camp. The Company expects to receive final data through the upcoming months of December and January. Comment From VR’s CEO, Dr. Michael Gunning, “We are extremely pleased that the fall weather window this year facilitated our strategy to complete a fourth drill program at Hecla-Kilmer and to get our first reconnaissance test hole into the large magnetic anomaly at our Northway property located just 12 km to the northeast. The discovery process at Hecla-Kilmer began with REE mineralization discovered at surface in Hole 4 of the first program in the fall of 2020. It has advanced to delineation drilling upon intersecting mineralization in 11 of 17 holes in three successive programs since. The goal of this fourth program was to complete additional drill holes into the two main areas with known higher grade critical metal mineralization in order to begin the assessment of their potential for mineral volume. We believe we achieved our goal with this drilling. Rare earth element mineralization in the first 17 holes at Hecla-Ki...