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VR Resources Extends H-K Critical Metal/REE Discovery to Over 1,000 Metres
Reports new 152 and 255 metre long intersections of critical metals and REE’s; Outlines anomalous gold mineralization in 6 of 9 holes; Completes drone magnetic
About this update from Vr Resources Ltd.
[{"type":"text","content":" Reports new 152 and 255 metre long intersections of critical metals and REE’s; Outlines anomalous gold mineralization in 6 of 9 holes; Completes drone magnetic survey in preparation for follow up drilling this winter VANCOUVER, British Columbia, Dec. 08, 2021 (GLOBE NEWSWIRE) -- VR Resources Ltd. (TSX.V: VRR, FSE: 5VR; OTCQB: VRRCF), the \"Company\", or “VR”, is pleased to provide new geochemical data for the remaining 4 drill holes from the five-hole program completed in October at its Hecla-Kilmer (“H-K”) project in northern Ontario. Critical Metals Figure 1, appended to the end of this NR, shows the locations and key intersections for the nine drill holes completed to date at H-K. Supporting data are summarized in Table 1 on the following page herein. In addition to the 49 metre intersection of rare earth oxides (“REO”) and critical metals starting at surface in Hole 2 (NR-21-08; March 11, 2021), and the 299 metre intersection in Hole 5 and reported last month in NR-21-22, there are two new, broad intersections of rare metal mineralization to report from the recently completed drill campaign at H-K which extend the system to more than 1,000 m in length: Hole HK21-008: 120 m @ 0.52% Total rare earth oxides (TREO(1)) starting at 237 m, within a broader interval of 255 m @ 0.16% Nb205 from 125 m based on calibrated XRF data, including: 35m @ 0.42% TREO and 0.18% Nb2O5 from 144 m; 11m @ 0.71% TREO and 0.41% Nb2O5 from 324 m; Hole HK21-009: 152 m @ 0.54% Total rare earth oxides (TREO(1)) starting at 120 m, and including: 9 m @ 0.97% TREO and 0.18% Nb2O5 from 120 m; 4 m @ 1.75% TREO and 0.34% Nb2O5 from 243 m; Figure 2 shows the graphic logs for niobium mineralization in Holes 002, 004, 005 and 008, along an oblique plane through the 3D MVI magnetic inversion model for H-K. For reference, the MVI anomaly is shown in contour form on the plan map in Figure 1. Note that not all drill holes were sampled continuously for geochemistry; the XRF data is, however, continuous for every hole, and calibrated with geochemistry. Figure 3 shows an atlas of drill core photographs of textures and mineralogy through the 255 metre intersection of REE – Nb mineralization, with gold, in Hole 008. The mineralization is hosted in sulfide-bearing carbonatite dykes (phoscorite), fluorite-carbonate vein breccia and hydrothermal breccia containing apatite (...