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VR Resources is Underway on Hole 4 at Empire with an 800m Step-out from Hole 2 on the Opposing Margin of the Westwood Intrusive Complex

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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.

VR Resources (VRRCF) ha avviato il quarto foro nel programma di perforazione di ricognizione Fase 1 presso l'anomalia magnetica di Westwood, che fa parte del Progetto Empire District nel Northwestern Ontario. L'ultima perforazione, Hole 004, rappresenta un'estensione di 800 metri rispetto a Hole 002 e ha confermato la presenza di rocce mafiche-ultramafiche bersaglio con solfuri magmatici sul lato opposto del complesso.

Hole 003, completato fino a 141 metri, ha intercettato leucogabbro e zone di miscelazione di magma mafico contenente solfuri. Il programma di perforazione utilizza fori inclinati superficialmente per mirare ai gradienti magnetici intorno alla grande anomalia magnetica, in combinazione con anomalie di conduttività EM e di carica IP. L'azienda riporta che, nonostante le difficili condizioni meteorologiche invernali, il programma rimane in linea per il completamento entro i limiti di tempo e budget.

VR Resources (VRRCF) ha iniciado su cuarto pozo en el programa de perforación de reconocimiento Fase 1 en la anomalía magnética de Westwood, que forma parte del Proyecto Empire District en el noroeste de Ontario. La última perforación, Hole 004, representa una expansión de 800 m respecto al Hole 002 y ha confirmado la presencia de roca máfica-ultramáfica objetivo con sulfuros magmáticos en el lado opuesto del complejo.

El Hole 003, completado hasta 141 m, intersectó leucogabbro y zonas de mezcla de magma máfico que contiene sulfuros. El programa de perforación utiliza pozos inclinados poco profundos para apuntar a los gradientes magnéticos alrededor de la gran anomalía magnética, junto con anomalías de conductividad EM y de capacidad de carga IP. La compañía informa que, a pesar de las desafiantes condiciones climáticas invernales, el programa sigue en camino de completarse dentro de los plazos y presupuestos establecidos.

VR 리소스(VRRCF)가 온타리오 북서부의 엠파이어 디스트릭트 프로젝트의 일부인 웨스트우드 자기 이상에서 1단계 정찰 드릴 프로그램의 네 번째 시추를 시작했습니다. 최근의 시추인 Hole 004는 홀 002에서 800m 떨어진 곳에 있으며, 복합체의 반대편에서 마그마 광물이 있는 대상 초마그마-마그마 암석의 존재를 확인했습니다.

홀 003은 141m까지 완료되었으며, 백색가브로와 황화물 함유 마픽 마그마 혼합 영역을 교차했습니다. 시추 프로그램은 대규모 자기 이상 주변의 자기 기울기를 겨냥하기 위해 얕게 기울어진 시추공을 이용하며, EM 전도도 및 IP 전하수용성 이상과 함께 진행됩니다. 회사는 겨울철의 어려운 기상 조건에도 불구하고 프로그램이 시간 및 예산 제약 내에서 완료될 예정이라고 보고했습니다.

VR Resources (VRRCF) a lancé son quatrième forage dans le programme de forage de reconnaissance Phase 1 à l'anomalie magnétique de Westwood, qui fait partie du projet Empire District dans le nord-ouest de l'Ontario. Le dernier forage, Hole 004, représente un écart de 800 m par rapport au Hole 002 et a confirmé la présence de roches mafiques-ultramafiques cibles avec des sulfures magmatiques de l'autre côté du complexe.

Hole 003, achevé à 141 m, a intersecté du leucogabbro et des zones de mélange de magma mafic chargé de sulfures. Le programme de forage utilise des forages légèrement inclinés pour cibler les gradients magnétiques autour de la grande anomalie magnétique, en conjonction avec des anomalies de conductivité EM et de chargeabilité IP. La société rapporte que malgré des conditions climatiques hivernales difficiles, le programme reste sur la bonne voie pour être achevé dans les délais et le budget prévus.

VR Resources (VRRCF) hat sein viertes Bohrloch im Erkundungsbohrprogramm Phase 1 an der magnetischen Anomalie Westwood, die Teil des Empire District Projekts in Nordwest- Ontario ist, gestartet. Die letzte Bohrung, Hole 004, stellt eine 800 m große Ausdehnung von Hole 002 dar und hat das Vorhandensein von mafic-ultramafischen Zielgesteinen mit magmatischen Sulfiden auf der gegenüberliegenden Seite des Komplexes bestätigt.

Hole 003, das bis zu 141 m abgeschlossen wurde, schnitt Leucogabbro und sulfidhaltige mafic Magma-Mischzonen. Das Bohrprogramm nutzt flach geneigte Bohrlöcher, um magnetische Gradienten rund um die große magnetische Anomalie anzusprechen, in Verbindung mit EM-Leitfähigkeit und IP-Ladungsanomalien. Das Unternehmen berichtet, dass das Programm trotz herausfordernder Winterwetterbedingungen im Zeit- und Budgetrahmen bleibt.

Positive
  • Confirmation of target mafic-ultramafic rock with magmatic sulfide across 800m distance
  • Strategic drilling location near Trans Canada highway providing efficient logistics
  • Project progressing on time and within budget despite weather challenges
Negative
  • Relatively low magnetic susceptibility readings on drill core

VANCOUVER, British Columbia, Dec. 13, 2024 (GLOBE NEWSWIRE) -- VR Resources Ltd. (TSX.V: VRR, FSE: 5VR; OTCBB: VRRCF), the "Company", or “VR”, is underway on the fourth hole of the Phase 1, reconnaissance drill program on the 1 x 2 km magnetic anomaly at Westwood, part of the Empire District Project in Northwestern Ontario.

  • The first few core boxes in Hole 004 confirm that the target mafic-ultramafic rock with magmatic sulfide shown in Photo 1 below is present on the opposing side of the complex from the intersection in Hole 002 some 800 m away.

First though, WW24-003, completed to 141m was drilled to target a small chargeability anomaly along the magnetic trend with the highway showing 300m to the southwest, as well as to streamline project logistics for moving the drill to the opposing side of the Westwood magnetic anomaly for Hole 004. Drilling Hole 003 intersected the same leucogabbro that dominated Hole 1 and the top of Hole 2, along with sulfide-bearing mafic magma mixing zones.

Hole 004 now underway is an 800m step out from Hole 2 and has collared into the same coarse mafic-ultramafic rock (Photo 1) with disseminated sulfide. As shown on the plan map in Figure 1, it is on the footwall side of the steeply southeast-dipping polyphase intrusive complex from Hole 002. Magnetic susceptibility readings on drill core are relatively low for the target mafic intrusive, but it occurs near magnetite-rich rocks. Consequently, we are using shallowly inclined holes to successfully target magnetic gradients on 1VD maps around the large magnetic anomaly, in conjunction with EM conductivity and IP chargeability anomalies.

As shown in the lower profile in Figure 1, the mafic intrusion boundaries are inferred from the DCIP resistivity/conductivity on Line 2, labeled as “deeply weathering mafic rock”, and correlates well with the conductivity anomaly from the independent DIGEM airborne survey completed last winter, in December 2023. The same is true on DCIP Line 1, with Hole 002 having cut over 350m of mafic-ultramafic rock with variable magmatic sulfide in a similar coincidence of DCIP conductivity and DIGEM conductivity, with deep IP chargeability below.

From VR's CEO Justin Daley: “The goal for first pass reconnaissance drilling at the Westwood target was to prove the concept for a large and fertile mafic-ultramafic complex, and it is exciting to see in the first few boxes of this hole the same mafic rock with sulfide that we saw in Hole 002 on the other side of the multiphase intrusive complex. We are now working to expand our understanding for geophysical controls on this coarse mafic rock that we see in the highway showing, and now in Holes 2 and 4 some 800m apart.

“The drilling so far at Empire has relied on straightforward logistics afforded by the nearby Trans Canada highway, and despite rapidly changing weather at the onset of winter, we remain on track to finish this program on time and on budget. We look forward to providing further updates as we complete this drill program.”

Photo1

Photo 1. (Upper) drill pad setup at northwest margin of Westwood Complex for Hole 004. (Lower) Megacrystic amphibole with pale interstitial melt segregations and local sulfide has been intersected in the top 30m of WW24-004 on the west margin of the Westwood intrusive complex. The rock is similar in texture to the mineralized highway showing and the mafic-ultramafic interval dominating Hole 002 some 800 m away. The coarse and elongate crystal habits of amphibole are characteristic of this rock unit and suggest a ‘quenching’ process during crystallization of an immiscible fluid, which is commonly targeted in exploration for magmatic sulfide mineralization in Ontario.

Figure1-01

Figure 1. Drill hole locations shown on a total magnetic intensity map for the Westwood target at the Empire Project, with highway exposure sample location, overlain 900Hz airborne DIGEM anomalies, and completed IP section lines. The lower panels highlight the direct correlation of chargeability and near surface conductivity with the magnetic response over the inferred mafic-ultramafic intrusion.

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 2% net smelter royalty on the claims. There are no annual payments, but the Ministry requires certain annual exploration expenditures and reporting (ie. mineral assessment reports) in order to maintain a mineral claim in good standing. The project falls within the Lac de Mille Lacs First Nation traditional territories.

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. The content of this news release has been reviewed on behalf of the Company by Justin Daley, MSc, PGeo, President & CEO at VR, and a non-independent Qualified Person, oversees and/or participates in all aspects of the Company’s mineral exploration projects.

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 winter, and all other statements that are not statements of historical fact.    

Although the Company believes the forward-looking information contained in this news release is reasonable based on information available on the date hereof, by their nature forward-looking statements involve assumptions, known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements.

Examples of such assumptions, risks and uncertainties include, without limitation, assumptions, risks and uncertainties associated with general economic conditions; adverse industry events; future legislative and regulatory developments in the mining sector; the Company’s ability to access sufficient capital from internal and external sources, and/or inability to access sufficient capital on favorable terms; mining industry and markets in Canada and generally; the ability of the Company to implement its business strategies; competition; and other assumptions, risks and uncertainties.

The forward-looking information contained in this news release represents the expectations of the Company as of the date of this news release and, accordingly, is subject to change after such date. Readers should not place undue importance on forward-looking information and should not rely upon this information as of any other date. While the company may elect to, it does not undertake to update this information at any particular time except as required in accordance with applicable laws.

This news release may also contain statements and/or information with respect to mineral properties and/or deposits which are adjacent to and/or potentially similar to the Company’s mineral properties, but which the Company has no interest in nor rights to explore. Readers are cautioned that mineral deposits on similar properties are not necessarily indicative of mineral deposits on the Company’s properties.

Trading in the securities of the Company should be considered highly speculative. All of the Company’s public disclosure filings may be accessed via www.sedarplus.ca and readers are urged to review them.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in Policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release

Photos accompanying this announcement are available at: 

https://www.globenewswire.com/NewsRoom/AttachmentNg/3119efd5-197a-4489-8881-ce9330e685eb

https://www.globenewswire.com/NewsRoom/AttachmentNg/28c970bf-f38f-45b2-9f73-9f0be19714c2


FAQ

What is the significance of VR Resources' (VRRCF) 800m step-out drilling at Empire?

The 800m step-out drilling confirms the presence of target mafic-ultramafic rock with magmatic sulfide on opposing sides of the Westwood complex, indicating potential mineralization across a significant distance.

How deep was Hole 003 drilled in VRRCF's Westwood drilling program?

Hole 003 was completed to a depth of 141 meters, intersecting leucogabbro and sulfide-bearing mafic magma mixing zones.

What geophysical methods is VRRCF using to guide drilling at Empire?

VR Resources is using a combination of magnetic gradients, EM conductivity, and IP chargeability anomalies to guide their drilling program, with shallowly inclined holes targeting magnetic gradients on 1VD maps.

What did VRRCF's Hole 002 drilling at Empire reveal?

Hole 002 cut over 350m of mafic-ultramafic rock with variable magmatic sulfide, coinciding with DCIP conductivity and DIGEM conductivity anomalies.

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