- VR Resources (VRR) has completed the third drill program on its Hecla-Kilmer Property in Northern Ontario
- The Vancouver-based mineral exploration company’s drilling focused on a copper-gold breccia target with critical metals
- The company completed 2,751 metres across eight drill holes ranging from 249 to 378 metres each
- Previous drill holes have intersected rare earth elements and critical metals
- VR Resources is up 6.38 percent, trading at $0.25 at 10:08 am ET
VR Resources (VRR) has completed the third drill program on its Hecla-Kilmer Property in Northern Ontario.
The Vancouver-based mineral exploration company’s drilling focused on a copper-gold breccia target with critical metals.
The company completed 2,751 metres across eight drill holes ranging from 249 to 378 metres each. Assay results are pending.
Drill targets were identified after an ultra-high-resolution drone magnetic survey expansion completed in March.
The third drill program at Hecla-Kilmer is under our belt, completed on schedule and on budget, with a metre and hole production that far surpassed our expectations,” said VR CEO Dr. Michael Gunning.
“The 17 drill holes now completed to date in the three successive drill programs at H-K encompass a full range of targets which include anomalous magnetic lows, magnetic highs, and sharp magnetic and gravity contacts. Further, the area now covered by drilling spans the northwestern quadrant of the complex, the southern rim, and the western margin of the large nepheline syenite intrusion that forms the central core to the overall multiphase alkaline complex at H-K.”
Previous drill holes have intersected rare earth elements and critical metals.
VR Resources is up 6.38 percent, trading at $0.25 at 10:08 am ET.