Original News Release
VR Resources seeks drill permit for New Boston
Dr. Michael Gunning reports
VR SUBMITS DRILL PERMIT APPLICATION FOR ITS NEW BOSTON MOLY-TUNGSTEN-COPPER-SILVER PORPHYRY PROJECT IN NEVADA
VR Resources Ltd. has submitted its application for a notice of intent for a drill permit to the Nevada Bureau of Land Management for its New Boston molybdenum-tungsten-copper-silver porphyry project in Nevada.
The company applied for, and received, a similar NOI permit from the BLM for its drilling on the East zone target at New Boston in 2024 within 15 business days, and anticipates a similar process time frame for the current application for the Jeep mine target, which is on the western side of the overall porphyry system at New Boston, exposed on surface across a three- and four-kilometre strike east-west.
Dr. Michael Gunning, chief executive officer of the company, commented: "We are pleased to have the ball rolling again for our exploration at New Boston.
"VR completed a state-of-the-art, 3-D array DCIP geophysical survey over the central part of the porphyry system at New Boston in 2023. Conductivity anomalies at East zone identified in that survey were drill tested the following year, in 2024, and demonstrated copper and silver mineralization in continuous and intense stockwork veining in more than 1,500 feet of drill core in hole 002.
"Prior to the submission of the drill permit application for Jeep mine in the western part of the system, the inversion models for the DCIP survey were reviewed, for best practice, with the team at Dias Geophysical, a leading provider of geophysical services, during the recent AME Mineral Exploration Conference held in Vancouver three weeks ago. Co-spatial and steeply plunging conductivity and induced polarization chargeability anomalies at Jeep mine are better understood based on the review, and will be tested in the planned coming drilling as the potential vein and sulphide centre of the overall porphyry system at New Boston.
"Strong local infrastructure is also a key factor for New Boston, providing a strategic advantage for cost-effective mineral exploration and operations alike in the region.
"Please note that there are also two on-site field videos taken last week and available on the New Boston project page on the company's website. They further illustrate the key messages here with regard to vein intensity at New Boston and the history and strength of local infrastructure in the region for mineral exploration."
Technical information
Technical information disclosed by the company has been prepared in accordance with the Canadian regulatory requirements set out in National Instrument 43-101. Technical information contained in this document, and on the company's website, has been reviewed on behalf of the company by the president and chief executive officer, Dr. Michael Gunning, PhD, PGeo, a non-independent qualified person.
About VR Resources Ltd.
VR is an established junior exploration company based in Vancouver. VR evaluates, explores and advances opportunities in copper, gold and critical metals in Nevada, United States, and Ontario, Canada. VR applies modern exploration technologies, in-house experience and expertise in greenfield exploration to large-footprint mineral systems in underexplored areas/districts. The foundation of VR is the proven record of its board in early-stage exploration, discovery, and mergers and acquisitions. VR owns its projects outright and evaluates new opportunities on a continuing basis, whether by staking or acquisition.
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