VR drills 299.53 metres of 0.47%TREO at Hecla-Kilmer, Ontario

VR Resources Ltd.[VRR-TSXV; VRRCF-OTC; 5VR-FSE] has actually offered brand-new information from the very first of 5 holes finished in October at its 100%- optioned Hecla-Kilmer (H-K) job 35 km southwest of Ranoke, northern Ontario. A 299- metre crossway in drill hole HK21-005, beginning near surface area, verified the discovery of a brand-new and large-footprint uncommon earth component (REE) and vital metals system at H-K.

Total uncommon earth oxides (TREO) typical 0.47%TREO over 299.53 metres beginning near surface area at 52 metres hole depth, simply 8 metres listed below the base of till, and consist of TREO as much as 1.70%over 3 metres from 156 metres, within 28 metres of 0.80%TREO beginning at 152 metres with Middle and Heavy uncommon earth oxides (MHREO) of as much as 0.18%over 3 metres at 152 metres.

Concentrations of the vital metal niobium of 0.20%niobium ( Nb2O5) over 237.46 metres, consisting of 55 metres at 0.23%Nb 2 O 5 and 25.4 ppm Tantalum (Ta 2 O 5) from 183 metres and 31 metres at 0.31%Nb 2 O 5 and 33.4 ppm Ta 2 O 5 from 275 metres.

H-K is Confirmed as a brand-new REE and Critical Metal System in Canada

The brand-new information from drill hole HK21-005 validates the discovery of uncommon earth aspects (REE) and vital metals, for instance, niobium and lithium, by the preliminary of reconnaissance drilling in2020 Drill hole HK21-005 validates a fortifying of the mineral system within the primary gravity anomaly.H-K is Confirmed as a brand-new REE and Critical Metal System in Canada

Drill holes 002 and 004 are 200 metres apart, with mineralization at surface area and covering more than 500 vertical metres. Drill holes 002 and 004 are 200 metres apart, with mineralization at surface area and covering more than 500 vertical metres;-LRB- .

Mineralization in Hole 005 periods 299 metres of drill core through the main and eastern part of the gravity abnormality which itself steps 400 x 800 metres in size;-LRB- .

Mineralization observed in drill core and apparent in XRF mineral scans in Holes 008 and 009, for which geochemical information are not yet in hand, are separated by roughly 1,000 metres along the long axis of the gravity anomaly.

Dr. Michael Gunning, CEO, stated, “These brand-new information verify and broaden upon the possible significance of the REE and important metal element of the hydrothermal breccia system at H-K as very first found in our reconnaissance drilling in 2015. Regardless of the extremely early phase of our drilling, 4 various designs of mineralization appear at H-K: 1. REE Nb in veined and brecciated carbonatite dykes; 2. lithium mineralization in hydrothermal breccia; 3. copper sulfide in veinlets with iron and silica, and; 4. raised secondary gold in porphyry dykes.

Of these, it is currently clear that the REE Nb part of the hydrothermal system at H-K has substantial prospective worth based upon: 1. the vertical and lateral scale represented by the early crossways; 2. the polymetallic signature consisting of niobium, light and heavy unusual earth components, and; 3. TREO concentrations over a 299- metre crossway resemble the typical grades reported for numerous REE deposits worldwide, reinforced by a niobium signature.”

The Hecla-Kilmer complex is 35 km southwest of the business’s Ranoke residential or commercial property and 23 km northwest of the Ontario hydro-electric center at Otter Rapids, the Ontario Northland Railway, and the northern terminus of Highway 634.


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