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     400  0 Kommentare Drilling is Underway at VR’s Hecla-Kilmer Copper-Gold Breccia Target in Northern Ontario - Seite 4

    The H-K property is large. It consists of 224 mineral claims in one contiguous block approximately 6 x 7 km in size and covering 4,617 hectares. The property is owned 100% by VR. There are no underlying annual lease payments on the property, nor are there any joint venture or back-in interests. There is an industry-standard royalty attached to the property, including a buy-back provision to VR.

    Like the Ranoke property, H-K is located on provincial crown land, with mineral rights administered by the provincial Ontario Ministry of Northern Development and Mines (MNDM). There are no annual payments, but the MNDM requires certain annual exploration expenditures and reporting. The property falls within the traditional territories of the Moose Cree and Taykwa Tagamou First Nations.

    About VR Resources

    VR is an established junior exploration company focused on greenfields opportunities in copper and gold (TSX.V: VRR; Frankfurt: 5VR; OTCQB: VRRCF). VR is the continuance of 4 years of active exploration in Nevada by a Vancouver-based private company. The diverse experience and proven track record of its Board in early-stage exploration, discovery and M&A is the foundation of VR. The Company focuses on underexplored, large-footprint mineral systems in the western United States and Canada, and is well financed for its exploration strategies and corporate obligations. VR owns its properties outright, and evaluates new opportunities on an ongoing basis, whether by staking or acquisition.

    The Company continues its normal course of business in 2021 within the framework of modified exploration programs in response to the COVID-19 pandemic, with the goal of ensuring the health and safety of staff and project personnel.

    ON BEHALF OF THE BOARD OF DIRECTORS:

    “Michael H. Gunning”
    ____________________________
    Dr. Michael H. Gunning, PhD, PGeo
    President & CEO

    Lesen Sie auch

    For general information please use the following:

    Website: www.vrr.ca
    Email: info@vrr.ca
    Phone: 604-262-1104

    Forward Looking Statements

    This press release contains forward-looking statements. Forward-looking statements are typically identified by words such as: believe, expect, anticipate, intend, estimate, postulate and similar expressions or are those which, by their nature, refer to future events. Forward looking statements in this release include “It is expected to take from four to six weeks to complete up to 3,000 m of drilling”, and “VR evaluates new opportunities on an ongoing basis, whether by staking or acquisition.”

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    Drilling is Underway at VR’s Hecla-Kilmer Copper-Gold Breccia Target in Northern Ontario - Seite 4 VANCOUVER, British Columbia, Sept. 14, 2021 (GLOBE NEWSWIRE) - VR Resources Ltd. (TSX.V: VRR, FSE: 5VR; OTCQB: VRRCF), the "Company", or “VR”, is pleased to announce that drilling is now underway at its Hecla-Kilmer property and copper-gold-REE …

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