VR Resources starts survey at Bonita

Executive Summary

• VR Resources Ltd. has commenced a 3-D-array DCIP geophysical survey over the Copper Queen target on its Bonita porphyry copper-gold project in Nevada.
• The survey design was refined in collaboration with Dias Geophysical following a review at the AME Mineral Exploration Conference in Vancouver.
• The primary objective is to generate precise exploration vectors to guide future drilling, building on previous reconnaissance drilling and geochemical anomalies identified in 2017.

Key Details

• Survey Type: 3-D-array DCIP (Direct Current Induced Polarization) geophysical survey.
• Location: Copper Queen target, Bonita porphyry copper-gold project, Nevada.
• Service Provider: Dias Geophysical.
• Strategic Context: The survey follows extensive previous exploration, including reconnaissance-level drilling. It aims to provide a robust vector for follow-up drilling based on surface mapping and exploration surveys.
• Historical Data: The company references initial reconnaissance-style drilling at Copper Queen in 2017, which intersected porphyry-style copper-sulphide veining with a clear association in anomalous copper-gold geochemistry.
• Technical Review: The survey design was reviewed, refined, and finalized in-person with Dias Geophysical during the AME Mineral Exploration Conference in Vancouver.
• Regulatory Compliance: Technical information is prepared in accordance with Canadian regulatory requirements (National Instrument 43-101) and has been reviewed by Dr. Michael Gunning, PhD, PGeo, a non-independent qualified person.
• Additional Resources: Field photographs and two on-site field videos are available on the company's website illustrating exploration technology and regional infrastructure advantages.

Notable Quotes

• Dr. Michael Gunning, CEO: "The goal of the survey is clear: to provide a precise exploration vector for follow-up drilling based on the surface mapping and exploration surveys completed to date by VR... We believe this survey has the potential to provide the most precise and robust vector to date for follow-up drilling at Copper Queen."
• Dr. Michael Gunning, CEO: "We are excited to provide further details when the preliminary and final models from new DCIP 3-D modelling for Copper Queen become available."