VR Resources Confirms Mafic-Ultramafic Intrusion with Magmatic Sulfide in First Two Drillholes at Empire Project, Ontario
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.
VR Resources ha completato i primi due fori del suo programma di perforazione inaugurale presso il Progetto Empire nel Nord-Ovest dell'Ontario. Le perforazioni confermano che l'obiettivo magnetico Westwood è un ampio complesso mafico-ultramafico con segregazioni di solfuri magmatici. La perforazione si è concentrata sul testare caratteristiche integrate da tre indagini indipendenti, inclusa una forte capacità di carica IP che si correla con un'anomalia magnetica lunga 2 km e la conduttività DIGEM.
Il primo foro (WW24-001) ha intersecato 240m di gabbro leucocratico con 1-2% di pirite-pirrotite, mentre il secondo foro (WW24-002) ha incontrato un'intrusione mafico-ultramafica che diventa progressivamente più grossolana con solfuri magmatici. Quattro campioni rapidi dei solfuri più forti sono attualmente in fase di analisi per oro, rame, PGE e elementi in traccia presso un laboratorio di Thunder Bay. È previsto almeno un altro foro di perforazione circa 700m a nord dei primi due fori.
VR Resources ha completado los primeros dos agujeros de su programa de perforación inaugural en el Proyecto Empire en el noroeste de Ontario. Las perforaciones confirman que el objetivo magnético de Westwood es un gran complejo máfico-ultramáfico con segregaciones de sulfuro magmático. La perforación se centró en probar características integradas de tres encuestas independientes, incluida una fuerte capacidad de carga IP que se correlaciona con una anomalía magnética de 2 km de longitud y conductividad DIGEM.
El primer agujero (WW24-001) intersectó 240 m de gabro leucocrático con 1-2% de pirita-pirrotita, mientras que el segundo agujero (WW24-002) encontró una intrusión máfica-ultramáfica que se vuelve gradualmente más gruesa con sulfuro magmático. Actualmente se están analizando cuatro muestras rápidas de los sulfuro más fuertes por oro, cobre, PGE y elementos traza en un laboratorio de Thunder Bay. Se planea al menos un agujero de perforación más, aproximadamente 700 m al norte de los primeros dos agujeros.
VR Resources는 온타리오 북서부에 위치한 엠파이어 프로젝트에서 첫 번째 드릴링 프로그램으로 두 개의 구멍을 완료했습니다. 드릴링 결과 Westwood 자기 목표가 마그마 황화물 분리가 있는 대형 마피크-울트라마픽 복합체임을 확인했습니다. 드릴링은 독립적인 세 가지 조사에서 통합 기능을 테스트하는 데 주력했으며, 그 중에는 2km 길이의 자기 이상과 DIGEM 전도성과 강한 IP 전하 적합성이 포함됩니다.
첫 번째 구멍(WW24-001)은 240m의 레우코크라틱 가브로를 절단했으며, 1-2%의 황철광-자철광을 포함하고 있습니다. 두 번째 구멍(WW24-002)은 마그마 황화물이 포함된 점차 거칠어지는 마피크-울트라마픽 관입체를 발견했습니다. 현재 Thunder Bay 실험실에서 금, 구리, PGE 및 미량 원소에 대해 가장 강한 황화물 샘플 4개를 분석 중입니다. 첫 번째 두 구멍에서 약 700m 북쪽에 적어도 하나의 추가 드릴링 구멍이 계획되어 있습니다.
VR Resources a terminé les deux premiers forages de son programme de forage inaugural au Projet Empire dans le nord-ouest de l'Ontario. Les forages confirment que la cible magnétique de Westwood est un vaste complexe mafique-ultramaïque avec des segregations de sulfures magmatiques. Le forage s'est concentré sur le test de caractéristiques intégrées provenant de trois enquêtes indépendantes, y compris une forte capacité de charge IP corrélant à une anomalie magnétique longue de 2 km et la conductivité DIGEM.
Le premier trou (WW24-001) a intersecté 240 m de gabbro leucocratique avec 1-2% de pyrite-pyrrhotite, tandis que le deuxième trou (WW24-002) a rencontré une intrusion mafique-ultramaïque qui devient progressivement plus grossière avec des sulfures magmatiques. Quatre échantillons d'urgence des sulfures les plus forts sont actuellement analysés pour l'or, le cuivre, les PGE et les éléments traces dans un laboratoire de Thunder Bay. Au moins un trou de forage supplémentaire est prévu à environ 700 m au nord des deux premiers trous.
VR Resources hat die ersten beiden Löcher seines ersten Bohrprogramms im Empire-Projekt im Nordwesten von Ontario abgeschlossen. Die Bohrungen bestätigen, dass das magnetische Ziel Westwood ein großes mafig-ultramafiges Komplex mit magmatischen Sulfiden ist. Die Bohrungen konzentrierten sich auf die Erprobung integrierter Merkmale aus drei unabhängigen Erhebungen, einschließlich einer starken IP-Ladungsfähigkeit, die mit einer 2 km langen magnetischen Anomalie und DIGEM-Leitfähigkeit korreliert.
Das erste Loch (WW24-001) durchbohrte 240 m leucochratisches Gabbro mit 1-2% Pyrit-Pyrrhotin, während das zweite Loch (WW24-002) in eine allmählich gröber werdende mafig-ultramafige Intrusion mit magmatischen Sulfiden traf. Vier Eilproben der stärksten Sulfide werden derzeit im Labor in Thunder Bay auf Gold, Kupfer, PGE und Spurenelemente analysiert. Mindestens ein weiteres Bohrloch ist etwa 700 m nördlich der ersten beiden Löcher geplant.
- Confirmation of large mafic-ultramafic complex with magmatic sulfide segregations
- Successful intersection of target minerals in both initial drill holes
- Rush samples sent for gold, copper, and PGE analysis
- None.
VANCOUVER, British Columbia, Dec. 10, 2024 (GLOBE NEWSWIRE) -- VR Resources Ltd. (TSX.V: VRR, FSE: 5VR; OTCBB: VRRCF), the "Company", or “VR”, is pleased to announce it has completed the first two holes of the maiden drill program at its Empire Project in Northwestern Ontario. Drilling now confirms the Westwood magnetic target is a large mafic-ultramafic complex, showing magmatic sulfide segregations consistent with the showing over 600m to the west on the Trans Canada Highway, and shown in Photo 1. At least one more drill hole is planned at Empire before the holiday break, approximately 700 m to the north of Holes 1 and 2 to test the opposing margin of the intrusive complex.
IP Drill Targeting
Drilling to date on the Westwood target has focused on testing integrated features from the three independent surveys over the target shown in Figure 1, namely strong IP chargeability on Lines 1 and 3 correlating with the 2km long magnetic anomaly with coincident DIGEM conductivity.
Drill hole 1, WW24-001, 249 metres, focused on the strongest chargeability response of 18mV/V on Line 3, coinciding with strong vertical gradients on the eastern margin of the 2km long, NE-striking Westwood magnetic anomaly. Drilling intersected 240m of leucocratic gabbro and 1
Drill hole 2, WW24-002, 495 metres, was drilled from the same pad as Hole 1 but directed to the southwest into the coincident magnetic high and airborne DIGEM conductivity anomaly with a 10-15 mV/V chargeability anomaly. The hole began in the same leucocratic gabbro before transitioning at 45m into a gradually coarsening mafic-ultramafic intrusive with magmatic sulfide through to the end of the hole. 4 rush samples of the strongest sulfide are now at the lab in Thunder Bay for gold, copper, PGE and trace element analysis.
From VR's CEO Justin Daley: “The first two holes ever drilled at the Empire project have now given us a proof of concept for the large mafic-ultramafic intrusions inferred from the magnetic survey flown last winter. The goal for this drill program was simple: to test our integrated geophysical targets for a larger interval of the mafic rock with sulfides observed along the Trans Canada exposure, and Holes 1 and 2 have shown us just that. We look forward to providing further updates as we complete remaining holes planned on the other side of the complex, and as we receive assay results on this first batch of samples of sulfide in the first two holes.”
Photo 1. Trans Canada highway exposure sample in upper photo, from the southwestern end of the 2km long magnetic anomaly shown in Figure 1, alongside similar mafic-ultramafic intrusive rock from 318m depth in Hole 2 shown in the lower photo. In both photos, the coarse-grained texture contains disseminated or interstitial sulfides. Continuous sampling is underway through the mafic intrusion with sulfide, with rush samples sent on a 4 select samples.
Figure 1. Drill hole locations shown on a total magnetic intensity map for the Westwood target at the Empire Project, with Photo 1 sample location, overlain 900Hz DIGEM anomalies, and completed IP section lines. The surface showing near the highway of copper-gold mineralization is on the western edge of a large, magnetic anomaly over 2km in length. The lower panels highlight the direct correlation of chargeability and resistivity in the new DCIP survey.
About the Empire Project
The Empire project consists of 313 mineral claims in 1 contiguous block covering 10,254 hectares. The project is located on Federal crown land, with mineral rights administered by the Ontario Ministry of Mines. There is a
Technical Information
Surface grab samples and drill core samples were submitted for geochemical analysis to the AGAT laboratory in Thunder Bay, Ontario. Drill core was logged, cut and sampled at the Holbik Exploration warehouse in Upsala, Ontario, with sample preparation completed by AGAT in Thunder Bay alongside gold and PGE determination by atomic absorption assay. ICP-MS analyses for base metals, whole rock, and trace elements is performed at AGAT’s laboratory in Calgary, AB. Analytical results are subject to industry-standard and NI 43-101 compliant QAQC sample procedures, including the systematic insertion of sample duplicates, blanks and certified reference material (CRM) done both externally and internally at the laboratory by AGAT, as described by AGAT.
Technical information for this news release has been prepared in accordance with the Canadian regulatory requirements set out in National Instrument 43-101. Justin Daley, P.Geo., President & CEO at VR and a non-independent Qualified Person oversees and/or participates in all aspects of the Company’s mineral exploration projects, and the content of this news release has been reviewed on behalf of the Company by the Executive Chairman, Dr. Michael Gunning, P.Geo., a non-independent Qualified Person.
About VR Resources Ltd.
VR is an established junior exploration company based in Vancouver (TSX.V: VRR; Frankfurt: 5VR; OTCQB: VRRCF). VR evaluates, explores and advances opportunities in copper, gold and critical metals in Nevada, USA, and Ontario, Canada. VR applies modern exploration technologies, in-house experience, and expertise in greenfields exploration to large-footprint systems in underexplored areas/districts. The foundation of VR is the proven track record of its Board in early-stage exploration, discovery and M&A. The Company is financed for its mineral exploration and corporate obligations. VR owns its projects outright and evaluates new opportunities on an ongoing basis, whether by staking or acquisition.
ON BEHALF OF THE BOARD OF DIRECTORS:
“Justin Daley”
Justin Daley, MSc, P.Geo
President & CEO
For general information please use the following:
Website: www.vrr.ca
Email: info@vrr.ca
Phone: 778-731-9292
Forward Looking Statements
This news release contains statements that constitute "forward-looking statements". Such forward looking statements involve known and unknown risks, uncertainties and other factors that may cause the Company’s actual results, performance or achievements, or developments in the industry to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," "potential" and similar expressions, or that events or conditions "will," "would," "may," "could" or "should" occur. Forward-looking statements in this document include statements concerning VR’s plans for near-term drilling on the properties this fall, and all other statements that are not statements of historical fact.
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Photo 2. (left) Evidence for magma mixing just east of the mineralized mafic-ultramafic rock shown in Photo 1 from the Trans Canada Highway exposure, as part of a gradational change from leucocratic gabbro with fine-grain mafic enclaves to medium-grain mafic intrusion to coarse, sulfide-rich mafic-ultramafic rock. (Right) Interval from 130-150m in Hole 1 showing the same dynamic magma mixing textures and mafic enclaves, roughly 750m to the east of photo at left, on the outer margin of the magnetic mafic intrusion intersected in Hole 2.
Photo accompanying this announcement are available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/98effb96-15fe-4d3b-bf98-aabbe672f58b
https://www.globenewswire.com/NewsRoom/AttachmentNg/10d52bd4-b76d-4bc7-a08f-a65dc6575c67
https://www.globenewswire.com/NewsRoom/AttachmentNg/3508185e-555b-4c7b-ba5f-f1fea7a546b7
FAQ
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