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VR Resources confirms additional broad intersections of Critical Metals at its Hecla-Kilmer property and breccia target in Northern Ontario
VANCOUVER, British Columbia, June 28, 2022 (GLOBE NEWSWIRE) -- VR Resources Ltd. (TSX.V: VRR, FSE: 5VR; OTCQB: VRRCF), the "Company", or “VR”, has received the
About this update from Vr Resources Ltd.
[{"type":"text","content":" VANCOUVER, British Columbia, June 28, 2022 (GLOBE NEWSWIRE) -- VR Resources Ltd. (TSX.V: VRR, FSE: 5VR; OTCQB: VRRCF), the \"Company\", or “VR”, has received the assay data from the first two drill holes from the recently completed third drill program at its Hecla-Kilmer (“H-K”) property located in northern Ontario. New critical metal intersections are highlighted below. Results for the six remaining holes are expected over the next 2 – 4 weeks. 80 metres at 0.67% TREO within 131 metres at 0.41% TREO in Hole HK22-010; 13 metres at 0.94% TREO within 88 metres at 0.50% TREO in Hole HK22-011. Individual one metre samples from the 13 metre intersection in Hole 11 contain up to 2.3% TREO (Total Rare Earth Oxide), up to 39.1% Fe2O3, and up to 11.2% P2O5. Table 1. Summary of the broad intersections of Critical Metals made to date at Hecla-Kilmer. Figure 1. Plan map with the location of all 17 drill holes completed in the first three drill programs at Hecla-Kilmer, plotted on an RTP magnetic basemap covering the entire complex. Figure 2. Drill hole locations and key Critical Metal intersections in the northwestern portion of H-K, plotted on a 1VD magnetic map derived from the ultra- high resolution drone survey completed in 2022. Figure 3. Down-hole geochemical plot from drill hole HK22-010 and HK22-011 showing the polymetallic nature of the 131 and 88 metre intersections of Critical Metals respectively, including light and medium-heavy REE’s, and niobium and tantalum. Drill core photos in Figure 4 and Figure 5 are from the 88 metre intersection in Hole 11. Hydrothermal veins of fluorite and apatite host REE’s at H-K, and they commonly occur within a potassic alteration mineral assemblage that is dominated by magnetite and which completely replaces the host rock. From VR’s CEO, Dr. Michael Gunning, “These new data confirm the potential for a large volume of Critical Metals in the polymetallic breccia system discovered at Hecla-Kilmer by VR. “Scale is important. VR has now confirmed REE’s and critical metals in 7 of 11 drill holes at Hecla-Kilmer, over intervals ranging from 50 to 299 metres, with total REE concentrations of 0.5% on average, and up to 2.3 % TREO. Mineralization spans an area of approximately 700 x 1000 metres in the northwestern part of the complex, extending from the base of till at 42 metres in Hole 4 to more tha...