VR Resources Stock Price, News & Analysis

VR Resources Ltd. (VRRCF) has announced promising results from drill hole HK22-013 at the Hecla-Kilmer project in Ontario. The hole reached 504 meters, with significant mineralization starting at bedrock, yielding 361 m @ 0.96% TREO and notable gold content at 1.1 g/t. Notably, 20% of TREO is comprised of permanent magnet rare earth oxides (PMREO). This area shows continuous mineralization and remains open for further exploration. Future studies will focus on advanced metallurgy and mineral extraction, with drilling planned for spring 2023. The consistent high PMREO content positions Hecla-Kilmer as a potential key player in the green economy.

VR Resources Ltd. (TSX.V: VRR, OTCQB: VRRCF) announced significant findings from Hole HK22-013 at its Hecla-Kilmer project in Ontario. The updated geochemical data shows 243 m @ 1.02% TREO, including 21% PMREO. Notably, the new readings indicate a 2% overall increase in PMREO, largely due to prior underreporting of praseodymium. High-grade mineralization persists beyond the current drill depth of 504 m. The findings position Hecla-Kilmer among the leading rare earth element deposits globally, with substantial potential for future exploration.

VR Resources Ltd. announces the completion of its fall drill program at the Hecla-Kilmer project in northern Ontario, achieving 1,719 meters across six drill holes. This brings total drilling to 8,767 meters in 22 holes since 2020. The latest holes focused on high-grade critical metal mineralization, particularly around previous intersections of 1.01% TREO. VR is progressing with geochemical analysis and plans metallurgical testing for rare earth element extraction. The completion of this program positions VR well for future assessments of mineral volume.

VR Resources Ltd. announced the commencement of drilling at the Hecla-Kilmer property in Ontario, focusing on high-grade critical metal mineralization. The drilling program, which includes 4 to 5 holes totaling approximately 2,000 meters, aims to extend mineralization discovered in previous holes. The camp, established in 2020, supports a green energy initiative and is well-connected by roads and rail. CEO Dr. Michael Gunning emphasized the advancement from reconnaissance to delineation drilling. The program is expected to yield geochemical data by year-end and into Q1 2023.

VR Resources Ltd. announced significant discoveries at its Hecla-Kilmer property in Ontario, reporting a new high-grade zone of critical metals with intersections of 25.5 metres at 1.131% TREO. The results come from the drill program's final four holes, revealing two new areas of mineralization. Notably, 11 of the 17 drill holes exceeded 1% TREO, essential for permanent magnets in electric vehicles. The findings enhance the potential of Hecla-Kilmer and indicate favorable conditions for further exploration. CEO Dr. Michael Gunning emphasized the importance of these results for future drilling plans.

VR Resources Ltd. (OTCQB: VRRCF) announced an update on its critical metal exploration strategy in northern Ontario. The company received ultra-high resolution drone magnetic data for the Northway property, located 15 km northeast of Hecla-Kilmer. An application for a new drill permit for Northway is underway. The recent drilling at Hecla-Kilmer yielded a significant intersection of 243 metres at 1.01% total rare earth oxides (TREO). The exploration strategy focuses on critical metals essential for the growing electric vehicle and renewable energy markets.

VR Resources Ltd. reported its strongest intersection of rare earth elements (REEs) to date from Hole 13 at the Hecla-Kilmer property in Ontario, achieving 243 metres at 1.01% Total Rare Earth Oxides (TREO) including significant percentages of premium rare earth oxides (PMREO). Highlights include 65 metres at 1.66% TREO and 15 metres at 2.14% TREO. The mineralization starts from surface and extends to a depth of 287 metres, showing significant economic potential. The location's infrastructure, including proximity to the Ontario Northern Railroad, supports future developments. Further data from additional holes is expected soon.

VR Resources Ltd. has announced assay results from the first two drill holes of its third drill program at the Hecla-Kilmer property in Ontario. Significant findings include 80 metres at 0.67% TREO and 13 metres at 0.94% TREO in holes HK22-010 and HK22-011, respectively. The company confirms the presence of Critical Metals across 7 of 11 drill holes with an average REE concentration of 0.5%. The polymetallic nature of the discovery and the volume of Critical Metals indicate substantial potential for VR, with further results expected in the coming weeks.

VR Resources Ltd. announced the completion of its third drill program at the Hecla-Kilmer property in Ontario. A total of 2,751 meters were drilled across 8 holes, with assays pending. CEO Dr. Michael Gunning highlighted that the program was completed on schedule and budget, achieving production metrics that exceeded expectations. The drilling aimed to explore critical metals, including rare earth elements and copper-gold mineralization. Previous drilling results showed REE concentrations of up to 2.3% TREO. More updates are anticipated as geochemical data becomes available.