VR receives drill permit and commences 3D array DCIP geophysical survey at its Reveille silver-copper property in Nevada, in lead up to drilling - Seite 2

The Context
VR has been working on Reveille continuously since June of last year, with field work wrapping up in the third week of December. Integrated targets derived from detailed structural mapping, extensive rock sampling, a high-resolution airborne EM and magnetic survey and a detailed ground gravity survey are apparent on the western side of the district-scale property for both silver-copper CRD mineralization, and for gold related to late, Carlin-style fluids. Both target types were illustrated in recent news releases dated December 21^st, 2020, and January 14^th, 2021.

VR is exploring the covered valley on the western flank of the range because it has never been previously explored or drilled as the potential source and overall driver of the high-grade silver-copper mineralization at Reveille during the past 140 years of prospecting which has focused on the high-grade showings exposed in the hills of the Reveille range to the east. VR is focused squarely on targets for proximal, high temperature mineralization that are core to the overall CRD mineral system at Reveille based on an array of new geochemical data and element ratio vectors.

From VR’s CEO Dr. Michael Gunning, “The targets are ready, the permit is in hand, the IP crew is on its way to the property, and the drill schedule is set for later this month. Our goal with this strategy is to provide our shareholders with the near-term upside potential of a copper-silver discovery at Reveille this winter as we await the permit for our nearby Amsel gold project to the north where we continue to plan for a drill program this summer.

Our exploration at Reveille has been more or less continuous since last June. The targets on Figure 1 are both highly integrated across an array of data sets, and importantly they are never-before drilled. While the high silver grades of the historic workings in the hills to the east have attracted all the attention during the past 140 years of prospecting the region, we understand that mineralization to be distal in nature based on our geochemical data, and our focus here is to identify and test targets in the covered valley to the west as the potential source of that mineralization.