VR RESOURCES LTD ORD - VRRCF STOCK NEWS

VR Resources (TSX.V: VRR, FSE: 5VR; OTCBB: VRRCF) has expanded its Empire property in northern Ontario and reported copper-gold-PGE mineralization. The property consists of five previously unexplored, kilometer-scale magnetic targets. Work on the Westwood target revealed:

1. An average of 0.14 g/t gold, 0.54 g/t PGEs, and 0.17% Cu from three grab samples near the Trans Canada Highway.
2. Up to 5 ppb Pd and 108 ppm Cu in lake sediment samples above magnetic and conductor anomalies.
3. A detailed magnetic survey showing strong layering in reversals.
4. A large DIGEM conductor coincident with magmatic layering trends.

The company plans to initiate a 3D DCIP survey on the Wildwood target. CEO Justin Daley emphasized the excitement of finding new mineralization near the Trans Canada Highway and the similarity of these targets to the Lac des Ille PGE mine nearby.

VR Resources (TSX.V: VRR, FSE: 5VR; OTCBB: VRRCF) has successfully closed the acquisition of the Empire, Silverback and Golden Bear mineral properties in northern Ontario. The company plans to commence exploration immediately. The acquisition terms include:

• Initial 90% interest acquired with $45,000 payment and 600,000 shares issuance
• Remaining 10% interest obtainable with $5,000 payment and 400,000 shares upon drill program commencement
• 2% NSR granted with option to buy down to 1% for $4M per half percent

CEO Justin Daley expressed excitement about the new chapter for low-cost, high-impact exploration, focusing on large-footprint copper-gold systems. The company plans to conduct advanced 3D DCIP geophysics this fall to target the source of surface mineralization.

VR Resources Ltd. (VRRCF) has announced promising results from drill hole HK22-013 at the Hecla-Kilmer project in Ontario. The hole reached 504 meters, with significant mineralization starting at bedrock, yielding 361 m @ 0.96% TREO and notable gold content at 1.1 g/t. Notably, 20% of TREO is comprised of permanent magnet rare earth oxides (PMREO). This area shows continuous mineralization and remains open for further exploration. Future studies will focus on advanced metallurgy and mineral extraction, with drilling planned for spring 2023. The consistent high PMREO content positions Hecla-Kilmer as a potential key player in the green economy.

VR Resources Ltd. (TSX.V: VRR, OTCQB: VRRCF) announced significant findings from Hole HK22-013 at its Hecla-Kilmer project in Ontario. The updated geochemical data shows 243 m @ 1.02% TREO, including 21% PMREO. Notably, the new readings indicate a 2% overall increase in PMREO, largely due to prior underreporting of praseodymium. High-grade mineralization persists beyond the current drill depth of 504 m. The findings position Hecla-Kilmer among the leading rare earth element deposits globally, with substantial potential for future exploration.

VR Resources Ltd. announces the completion of its fall drill program at the Hecla-Kilmer project in northern Ontario, achieving 1,719 meters across six drill holes. This brings total drilling to 8,767 meters in 22 holes since 2020. The latest holes focused on high-grade critical metal mineralization, particularly around previous intersections of 1.01% TREO. VR is progressing with geochemical analysis and plans metallurgical testing for rare earth element extraction. The completion of this program positions VR well for future assessments of mineral volume.

VR Resources Ltd. announced the commencement of drilling at the Hecla-Kilmer property in Ontario, focusing on high-grade critical metal mineralization. The drilling program, which includes 4 to 5 holes totaling approximately 2,000 meters, aims to extend mineralization discovered in previous holes. The camp, established in 2020, supports a green energy initiative and is well-connected by roads and rail. CEO Dr. Michael Gunning emphasized the advancement from reconnaissance to delineation drilling. The program is expected to yield geochemical data by year-end and into Q1 2023.

VR Resources Ltd. announced significant discoveries at its Hecla-Kilmer property in Ontario, reporting a new high-grade zone of critical metals with intersections of 25.5 metres at 1.131% TREO. The results come from the drill program's final four holes, revealing two new areas of mineralization. Notably, 11 of the 17 drill holes exceeded 1% TREO, essential for permanent magnets in electric vehicles. The findings enhance the potential of Hecla-Kilmer and indicate favorable conditions for further exploration. CEO Dr. Michael Gunning emphasized the importance of these results for future drilling plans.

VR Resources Ltd. (OTCQB: VRRCF) announced an update on its critical metal exploration strategy in northern Ontario. The company received ultra-high resolution drone magnetic data for the Northway property, located 15 km northeast of Hecla-Kilmer. An application for a new drill permit for Northway is underway. The recent drilling at Hecla-Kilmer yielded a significant intersection of 243 metres at 1.01% total rare earth oxides (TREO). The exploration strategy focuses on critical metals essential for the growing electric vehicle and renewable energy markets.

VR Resources Ltd. reported its strongest intersection of rare earth elements (REEs) to date from Hole 13 at the Hecla-Kilmer property in Ontario, achieving 243 metres at 1.01% Total Rare Earth Oxides (TREO) including significant percentages of premium rare earth oxides (PMREO). Highlights include 65 metres at 1.66% TREO and 15 metres at 2.14% TREO. The mineralization starts from surface and extends to a depth of 287 metres, showing significant economic potential. The location's infrastructure, including proximity to the Ontario Northern Railroad, supports future developments. Further data from additional holes is expected soon.