STOCK TITAN

VR RESOURCES LTD ORD - VRRCF STOCK NEWS

Welcome to our dedicated page for VR RESOURCES ORD news (Ticker: VRRCF), a resource for investors and traders seeking the latest updates and insights on VR RESOURCES ORD stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect VR RESOURCES ORD's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of VR RESOURCES ORD's position in the market.

Rhea-AI Summary

VR Resources (VRRCF) has received final data from a 3D DCIP survey at its Silverback copper-gold project in Northwestern Ontario. The survey revealed a significant high-amplitude chargeability anomaly in the project's center, spanning 1,200m in length. This anomaly correlates with copper-gold mineralization discovered in January 2023 and is associated with molybdenum-bearing fractures in gabbro.

The survey covered a 3,500 by 2,750 meters area with a 150m equant station grid array. The chargeability anomalies align with mafic-ultramafic body edges and show structural control, particularly along north-south shear zones. The presence of molybdenum, a important pathfinder metal for gold mineralization, suggests potential for a large, polymetallic copper-gold system. The company plans to conduct drilling operations in 2025.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.38%
Tags
none
-
Rhea-AI Summary

VR Resources (VRRCF) has completed Phase 1 drilling at its Empire Project's Westwood target in Northwestern Ontario. The program consisted of five holes totaling 1,188 meters, targeting a 1 x 2 km magnetic anomaly. The drilling confirmed the presence of a polyphase intrusive complex with cumulate-textured mafic-ultramafic rock containing sulfide.

Key findings include the intersection of cumulate-texture mafic rock with sulfide in drill holes 800m apart, and the confirmation that the Westwood magnetic anomaly consists of multiple phases: leucogabbro in outer zones, dark mafic magma mixing zones, and a core of steeply southeast-dipping mafic-ultramafic units. Hole 5 (WW24-005) was drilled to target the center of an 18 mV/V chargeability anomaly.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
32.7%
Tags
-
Rhea-AI Summary

VR Resources (VRRCF) has initiated its fourth hole in the Phase 1 reconnaissance drill program at the Westwood magnetic anomaly, part of the Empire District Project in Northwestern Ontario. The latest drilling, Hole 004, represents an 800m step-out from Hole 002 and has confirmed the presence of target mafic-ultramafic rock with magmatic sulfide on the opposing side of the complex.

Hole 003, completed to 141m, intersected leucogabbro and sulfide-bearing mafic magma mixing zones. The drilling program utilizes shallowly inclined holes to target magnetic gradients around the large magnetic anomaly, in conjunction with EM conductivity and IP chargeability anomalies. The company reports that despite challenging winter weather conditions, the program remains on track for completion within time and budget constraints.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
38.18%
Tags
none
Rhea-AI Summary

VR Resources has completed the first two holes of its maiden drill program at the Empire Project in Northwestern Ontario. The drilling confirms that the Westwood magnetic target is a large mafic-ultramafic complex with magmatic sulfide segregations. The drilling focused on testing integrated features from three independent surveys, including strong IP chargeability correlating with a 2km long magnetic anomaly and DIGEM conductivity.

The first hole (WW24-001) intersected 240m of leucocratic gabbro with 1-2% pyrite-pyrrhotite, while the second hole (WW24-002) encountered a gradually coarsening mafic-ultramafic intrusive with magmatic sulfide. Four rush samples of the strongest sulfide are currently being analyzed for gold, copper, PGE and trace elements at a Thunder Bay lab. At least one more drill hole is planned approximately 700m north of the first two holes.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
107.66%
Tags
none
-
Rhea-AI Summary

VR Resources has signed a Memorandum of Understanding (MOU) with Lac des Mille Lacs First Nation (LDMLFN) regarding their recently acquired Empire, Silverback and Rambler projects near Upsala, Northern Ontario. The agreement establishes a framework for collaborative work and mutual benefits, focusing on social, ecological, cultural, and economic well-being. The MOU includes provisions for benefit sharing, with commitments to create local business opportunities, employment, and training programs for LDMLFN community members during VR's exploration activities.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.42%
Tags
none
-
Rhea-AI Summary

VR Resources has initiated drilling at its Empire Copper-Gold Project in Northern Ontario, targeting IP chargeability anomalies identified in recent DCIP surveys. The first hole, WW24-001, aims to explore magmatic sulfide deposits containing copper, gold, and platinum group elements within a large mafic intrusion. The geophysical surveys revealed strong correlations between magnetic features and conductivity anomalies, with chargeability reaching up to 18 mV/V. The target area includes a northeast-trending magnetic complex extending over 2 km, with DIGEM conductors co-spatial with new chargeability zones verified to a depth of 150m.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
Rhea-AI Summary

VR Resources has completed two DCIP geophysical surveys at its Empire and Silverback projects in northwestern Ontario. The surveys were executed on time and on budget, showing good data quality with minimal EM coupling and strong correlation to existing airborne EM data.

At the Empire Project, approximately 7km of 2D DCIP readings were completed across the Westwood target, featuring a 3km long magnetic anomaly. The Silverback Project saw completion of a 4 x 4 km 3D-array DCIP grid, generating 90,000 unique dipoles. Surface mineralization at Westwood shows averages of 0.2% Cu, 0.54 g/t Pt+Pd, and 0.14 g/t Au in disseminated sulfide. A new outcrop with iron-stained ultra-mafic rock was discovered during the survey.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary

VR Resources has initiated DCIP geophysical surveys at both the Empire and Silverback projects in northwestern Ontario. The surveys utilize Dias Geophysics' advanced DCIP system to target copper-gold-(nickel) mineralization. At Empire, surface samples from the western periphery showed grades of 0.14 g/t gold, 0.54 g/t PGEs, and 0.2% Cu. The Silverback project features a gold-enriched porphyry intrusion with a high-grade shear zone yielding 9.5g/t gold, 5.6% copper, and 52 g/t silver.

The surveys will image shallow DIGEM conductors to approximately 500m depth, with new chargeability data expected to highlight disseminated mineralization observed at the surface. The presence of mineralization is linked to DIGEM conductors associated with magnetic features tied to large intrusive systems at both projects.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.42%
Tags
none
-
Rhea-AI Summary

VR Resources (TSX.V: VRR, OTCBB: VRRCF) reports new base metal results from a recent drill program at its Silverback Ni-Cr-Co-Cu and Au-Cu-Mo project near Thunder Bay, Ontario. The two-hole, 314m maiden drill program tested near-surface conductors, revealing:

1. Over 100m of sericite-altered porphyry with disseminated pyrite in Hole 2.
2. A 50m base metal interval in Hole 2 starting at 160m depth, showing:
- 0.10% Ni, 0.15% Cr, 171 ppm Cu, and 86 ppm Co
- Increasing Ni-Cr-Co grades towards a mafic dyke's western margin
- Millerite (NiS) observed in the mafic feeder dyke

The Silverback Project covers two mineral systems: a large Archean mafic-ultramafic intrusive complex and an overlapping intrusion-related gold-copper system. Gold assays are pending for the altered porphyry intrusion in Hole 2.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
9.81%
Tags
none
Rhea-AI Summary

VR Resources (TSX.V: VRR, FSE: 5VR; OTCBB: VRRCF) has announced the acquisition of the Rambler Gold Project in Ontario, located 6km north of their Empire Project. The company has submitted a permit application for drilling and trenching. Rambler was staked due to the discovery of surface sulfides reported in historic drill logs.

In 1968, Inco drilled 5 holes at Rambler, intersecting massive sulfide in each hole, with up to 6m of 85% pyrrhotite-pyrite around a magnetic high. Recent sampling by VR shows anomalous gold in every rock unit at Rambler, with up to 149 ppb in disseminated pyrrhotite from mafic volcanic outcrops.

VR has recognized east-west shearing and boudinage on the south limb of a northeast-striking fold hinge at Rambler, adjacent to the Marmion fault. The company expects to receive the exploration permit within 30 to 60 days, allowing them to twin the 1968 Inco holes to document the gold and polymetallic grade potential of the massive sulfide mineral system.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.77%
Tags
none

FAQ

What is the current stock price of VR RESOURCES ORD (VRRCF)?

The current stock price of VR RESOURCES ORD (VRRCF) is $0.0475 as of December 23, 2024.

What is the market cap of VR RESOURCES ORD (VRRCF)?

The market cap of VR RESOURCES ORD (VRRCF) is approximately 2.6M.

VR RESOURCES LTD ORD

OTC:VRRCF

VRRCF Rankings

VRRCF Stock Data

2.65M
113.44M
5.94%
8.4%
Other Industrial Metals & Mining
Basic Materials
Link
United States of America
Vancouver