VR Resources Outlines Large 3D Chargeability Anomaly at the Silverback Copper-Gold Project in Ontario
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.
VR Resources (VRRCF) ha ricevuto dati finali da un survey 3D DCIP nel suo progetto di rame-oro Silverback nel Northwestern Ontario. Il survey ha rivelato un anomalia di carica ad alta ampiezza significativa al centro del progetto, che si estende per 1.200 metri. Questa anomalia è correlata alla mineralizzazione di rame-oro scoperta nel gennaio 2023 ed è associata a fratture contenenti molibdeno in gabbro.
Il survey ha coperto un'area di 3.500 per 2.750 metri con una griglia di stazioni equidistanti di 150 metri. Le anomalie di carica si allineano con i bordi di corpi mafi/ultramafigi e mostrano un controllo strutturale, in particolare lungo le zone di taglio nord-sud. La presenza di molibdeno, un metallo indagatore importante per la mineralizzazione dell'oro, suggerisce il potenziale per un grande sistema policatalitico di rame-oro. L'azienda prevede di condurre operazioni di perforazione nel 2025.
VR Resources (VRRCF) ha recibido los datos finales de una encuesta 3D DCIP en su proyecto de cobre-oro Silverback en el noroeste de Ontario. La encuesta reveló una anomalía de cargabilidad de alta amplitud significativa en el centro del proyecto, que abarca 1,200 metros de longitud. Esta anomalía se correlaciona con la mineralización de cobre-oro descubierta en enero de 2023 y está asociada con fracturas que contienen molibdeno en gabbro.
La encuesta cubrió un área de 3,500 por 2,750 metros con una cuadrícula de estaciones equidistantes de 150 metros. Las anomalías de cargabilidad se alinean con los bordes de cuerpos máficos-ultra máficos y muestran control estructural, particularmente a lo largo de zonas de corte norte-sur. La presencia de molibdeno, un metal indicativo importante para la mineralización de oro, sugiere el potencial para un gran sistema policatalítico de cobre-oro. La empresa planea realizar operaciones de perforación en 2025.
VR Resources (VRRCF)는 북서 온타리오에 위치한 실버백 구리-금 프로젝트에서 3D DCIP 조사의 최종 데이터를 받았습니다. 이 조사에서는 프로젝트 중앙에 1,200미터에 걸쳐 펼쳐진 높은 진폭의 전하성 이상이 발견되었습니다. 이 이상은 2023년 1월에 발견된 구리-금 광물화와 연관되며, 가브로에서 몰리브덴이 함유된 균열과 관련이 있습니다.
조사는 3,500 미터 x 2,750 미터 면적을 커버했으며 150미터 간격의 정방형 스테이션 그리드를 사용했습니다. 전하성 이상은 마픽/울트라마픽 몸체의 가장자리에 정렬되며, 특히 북-남 방향의 전단 영역을 따라 구조적 제어를 보여줍니다. 금 광물화에 중요한 탐색 금속인 몰리브덴의 존재는 대규모 다금속 구리-금 시스템의 잠재력을 암시합니다. 이 회사는 2025년에 시추 작업을 실시할 계획입니다.
VR Resources (VRRCF) a reçu les données finales d'une enquête 3D DCIP sur son projet de cuivre-or Silverback dans le nord-ouest de l'Ontario. L'enquête a révélé une anomalie de charge à haute amplitude significative au centre du projet, s'étendant sur 1 200 mètres de long. Cette anomalie est corrélée à la minéralisation de cuivre-or découverte en janvier 2023 et est associée à des fractures contenant du molybdène dans le gabbro.
L'enquête a couvert une zone de 3 500 par 2 750 mètres avec un réseau de stations équidistantes de 150 mètres. Les anomalies de charge s'alignent avec les bords de corps mafiques-ultramaïques et montrent un contrôle structurel, notamment le long des zones de cisaillement nord-sud. La présence de molybdène, un métal indicateur important pour la minéralisation de l'or, suggère le potentiel d'un grand système cuivre-or polymétallique. L'entreprise prévoit de réaliser des opérations de forage en 2025.
VR Resources (VRRCF) hat die endgültigen Daten einer 3D DCIP-Umfrage für sein Kupfer-Gold-Projekt Silverback im Nordwesten Ontarios erhalten. Die Umfrage enthüllte eine signifikante Hochamplitude-Ladungsanomalie im Zentrum des Projekts, die sich über 1.200 Meter erstreckt. Diese Anomalie korreliert mit der im Januar 2023 entdeckten Kupfer-Gold-Mineralisierung und ist mit molybdänhaltigen Brüchen im Gabbro assoziiert.
Die Umfrage deckte ein Gebiet von 3.500 mal 2.750 Metern mit einem 150 Meter großen Stationenraster ab. Die Ladungsanomalien sind mit den Rändern mafischer-ultramafischer Körper ausgerichtet und zeigen eine strukturelle Kontrolle, insbesondere entlang nord-südlicher Scherzone. Das Vorhandensein von Molybdän, einem wichtigen Wegweiser-Metall für die Goldmineralisierung, deutet auf das Potenzial für ein großes polymetallisches Kupfer-Gold-System hin. Das Unternehmen plant, 2025 Bohrungen durchzuführen.
- Discovery of large 1,200m long chargeability anomaly indicating potential mineralization
- Correlation of anomalies with known copper-gold occurrences
- Presence of molybdenum as pathfinder metal suggesting significant gold mineralization potential
- Planned drilling program for 2025 to further explore the anomalies
- Drilling program delayed until 2025
- No current resource estimates or proven reserves mentioned
VANCOUVER, British Columbia, Dec. 19, 2024 (GLOBE NEWSWIRE) -- VR Resources Ltd. (TSX.V: VRR, FSE: 5VR; OTCBB: VRRCF), the "Company", or “VR”, has received the final, inverted data for the state-of-the-art, 3D array DCIP survey completed last month on its Silverback copper-gold project located in Northwestern Ontario.
- A large, high amplitude chargeability anomaly is identified in the center of the project, central to the broadest part of the main mafic - ultramafic body with nickel-chrome mineralization, as shown in Figure 1.
- Photo 1 shows copper-gold mineralization in a sheared and silicified mafic rock from a new showing discovered in January 2023 that is in the northern part of the new chargeability anomaly. Similarly, there are fractures with remobilized moly in gabbro in the southern part of this large chargeability anomaly.
- There are several additional chargeability anomalies to the west and northeast, also associated with edges of the mafic-ultramafic body, and anchored by north-south structures with known copper-gold mineralization.
Figure 1. Plan map of the Silverback 3D DCIP survey area with chargeability results as isoshells at 12.5 mV/V (orange) and 15 mV/V (red) with inferred shear-zones and margins of the nickel-mineralized mafic dykes and intrusions spanning the project area. The survey straddles the northern margin of the Lac des Mille Lacs greenstone belt with the Marmion batholith on a deep seated lithotectonic structures.
Initial Impressions. The dipole-dipole survey, with a 150m equant station grid array covered an area of 3,500 by 2,750 meters over the centre of the project. Firstly. All the strong chargeability anomalies correlate with the edges of the mafic-ultramafic body with copper-gold occurrences spanning some 4 km across the breadth of the property. But in addition, there is also a clear structural control to the new anomalies: the large, central anomaly is anchored by a north-south shear-zone with structural offsets evident on detailed airborne magnetic data obtained last winter, and the discreet anomalies that lie to the west occur on a west-northwest trend that is subparallel to the greenstone belt contact in the southern part of the Marmion terrane.
In summary, the new IP survey delineates chargeability anomalies at the intersection of mafic feeder dykes that are offset by sinistral, north-south faults. The new chargeability anomalies are potentially the source for remobilized and concentrated sulfide minerals on structure. Remobilized molybdenum is a crucial pathfinder metal for gold mineralization in the Hemlo gold camp, and is commonly cited as evidence for an intrusion-related source of mineralization. The molybdenite occurrence shown in Figure 1 in the southern part of the main chargeability anomaly at Silverback, and the porphyry unit with gold-bearing quartz-carbonate veins located to the west (see Photo 1 of NR24- dated October 24th) serve as important building blocks for this evolving, integrated model for a large, polymetallic copper-gold system at Silverback.
From VR's CEO Justin Daley: “We designed the DCIP survey to help us target within a broad, 3 km trend of mineralization that provides evidence for an intrusion-related gold-copper system at Silverback. In order to identify a central target, or targets, hidden below cover at Silverback, we required a robust, modern geophysical tool to use along side strong, trace element vectors of molybdenum and silver, and the new evidence for a gold mineralized porphyry dyke in drill hole 002 from last spring. Once gain, Dias technology has delivered. The 1,200m long, oblate >15mV/V chargeability anomaly running right up the centre of the property aligns perfectly with known high-grade gold occurrences and with important structures mapped on surface and within our magnetic data.
As we spend more time working with the chargeability and resistivity results from this survey over the coming weeks, we look forward to sharing detailed exploration targets and plans for drilling in 2025.”
Photo 1. Remobilized copper, gold and silver mineralization occur in shear-hosted chalcopyrite and bornite with strong silicification (pale areas around sulfides) in an amphibolite host. The sample is taken from an exploration trench situated above the newly defined chargeability anomaly shown in Figure 1.
About the Silverback Project
The project now consists of 71 mineral claims in 1 contiguous block covering 4,442 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. 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: Email: Phone: | www.vrr.ca info@vrr.ca 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 expectations that it will share detailed exploration plans and plans for drilling in 2025, and all other statements that are not statements of historical fact.
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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.
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FAQ
What did VR Resources (VRRCF) discover in their recent DCIP survey at Silverback?
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What is the significance of molybdenum found at VRRCF's Silverback project?
When does VRRCF plan to begin drilling at the Silverback project?
What type of mineralization system does VRRCF believe exists at Silverback?
