Exploring New Horizons: VR Resources' Empire Property Update
Exploring New Horizons: VR Resources’ Empire Property Update
VR Resources Ltd. (TSX.V: VRR, Frankfurt: 5VR; OTCBB: VRRCF) has exciting developments on their Empire property in Ontario. This expansive property features multiple magnetic targets, including Rye, Rush, Westwood, Trewartha, and Macron, with current efforts concentrating on the Westwood target.
The initiation of mineralization discoveries stemmed from significant findings of palladium in lake sediment samples collected by the Ontario Geological Survey. These sites are intriguingly aligned with magnetic anomalies and a boulder train of mafic rocks, indicating a potentially rich mineral environment.
Recent Findings on the Empire Property
VR Resources has undertaken extensive work on the Westwood target, revealing promising results:
- Three grab samples showcased remarkable mineralization with chalcopyrite and pyrrhotite, yielding 0.14 g/t gold, 0.54 g/t PGEs, and 0.17% copper.
- Sampling yielded up to 5 ppb palladium and 108 ppm copper directly above magnetic and conductor anomalies.
- A detailed magnetic survey indicated significant layering trends that highlight the area’s geological complexity.
- A substantial DIGEM conductor aligns with the trend of magmatic layering observable in both outcrop and magnetic surveys, reinforcing the area’s mineral potential.
Geological Insights and Next Steps
CEO Justin Daley expressed enthusiasm about the ongoing exploration activities near the Trans Canada Highway. As he prepares for a visit to Empire, he aims to facilitate progress and engage promptly with the geological landscape.
Insights from Holbik Exploration clarified the presence of a sanukitoid intrusion alongside magmatic sulfide segregations containing essential minerals like copper, gold, and PGEs. The geological attributes suggest these intrusive formations are Archean, echoing characteristics of the nearby Lac des Ille PGE mine, with prior historical remobilized gold observed along a southwest structure intersecting with Agnico Eagle’s Hammond Reef gold deposit.
Technical Processes and Assessments
VR’s technical approach includes rigorous standards to ensure data integrity and accuracy. Surface grab samples and lake sediment materials were sent for thorough geochemical analysis at AGAT Laboratories in Thunder Bay, Ontario, where both sample preparation and precious metal determinations are conducted. The methodology adheres to NI 43-101 standards, ensuring the quality of results with necessary QAQC measures.
This highly structured process underlines VR Resources' commitment to maximizing potential while ensuring compliance with regulatory requirements, highlighting the operational diligence within their exploration teams.
About VR Resources and the Empire Property
VR Resources is a dynamic exploration entity based in Vancouver with significant endeavors in copper, gold, and critical metals across Nevada and Ontario, as well as a recent discovery at its Northway project involving a diamond-bearing kimberlite pipe. The company’s essence revolves around leveraging modern exploration technologies alongside in-house expertise.
The Empire property encapsulates 313 mineral claims spanned over 10,254 hectares of Federal crown land in Ontario, under the governance of the provincial Ministry of Mines. While a nominal 2% net smelter royalty exists, there are no ongoing annual payments, though specific exploration expenditures and reporting are mandated to retain mineral claims.
Contact Information
For general inquiries, please reach out:
Website: www.vrr.ca
Email: info@vrr.ca
Phone: 778-731-9292
Frequently Asked Questions
What is VR Resources focusing on currently?
VR Resources is concentrating on the exploration of the Empire property, particularly the Westwood target for copper, gold, and PGE mineralization.
Where is the Empire property located?
The Empire property is situated in Ontario, featuring several magnetic targets that are currently being explored for mineralization.
What is a sanukitoid intrusion?
A sanukitoid intrusion is a specific type of igneous rock formation known for housing mineral deposits, particularly those containing copper, gold, and PGEs.
How does VR Resources ensure the integrity of their sampling?
VR Resources employs industry-standard QAQC procedures during their analysis to maintain high accuracy and compliance with regulatory frameworks.
What other projects is VR Resources involved in?
Besides the Empire property, VR Resources is engaged in exploring various opportunities in Nevada and is also focused on their Northway project, which has a diamond-bearing discovery.
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