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VR Resources Ltd V.VRR

Alternate Symbol(s):  VRRCF

VR Resources Ltd. is a Canada-based junior exploration company. The Company evaluates, explores and advances large-scale opportunities in copper, gold and critical metals in Nevada, United States, and Ontario, Canada, and newest discovery of a diamond-bearing kimberlite pipe at its Northway project. The Company’s assets include New Boston Property, Bonita Property, Big Ten Project, Northway Property, Forsyth Property, Empire Property, Silverback Property, and Golden Bear Property. The New Boston copper-molybdenum property is located in Mineral County, Nevada. The Bonita copper-gold property in Humboldt County, Nevada. The principal properties comprising the Big Ten project are Danbo, Amsel and Clipper. The Northway property is located in Ontario, Canada. The Forsyth property is located in northern Saskatchewan. The Empire Properties consist of 335 mineral claims in four contiguous blocks covering approximately 1,649 hectares. The properties are located on Federal crown land.


TSXV:VRR - Post by User

Bullboard Posts
Post by lupitapat3on Aug 22, 2017 11:49am
361 Views
Post# 26607808

Undervalued copper property with excellent management

Undervalued copper property with excellent management

VR Resources Ltd. Suite 1750 700 West Pender St. Vancouver, BC, Canada, V6C 1G8 Tel: 604-262-1104; www.vrr.ca

VR RESOURCES Proven Management, Proven District, Emerging Target

  •  New Listing: TSXV: ($0.30, 23Mar2017) Frankfurt: 5VR OTCq:

  •  Vancouver - Based: Continuation of 4 years of active exploration in Nevada by private Company.

  •  Track Record: Proven Track Record of Board in Exploration, Discovery and M&A; Innovation & Focus.

        SUMMARY
  •  Tight Structure:

  •  Well Financed:

  •  Advanced Asset:

  •  Property Attributes: 100% Ownership = Market Leverage;
    Local Infrastructure = Cost Effective Expl.

  •  Opportunity Driven: Conviction to drill-test Tier 1 Assets, balanced by Ongoing Evaluation of New Opp’s.

35M shares; 20% with Insiders; 30% in 3 institutions; $10M market cap ($4M cash). $4M Treasury = two year exploration strategy, multiple properties, including G&A. Bonita Property; Successive Exploration Programs over 2.5 years; Drill Test in 2017.

Bonita Property, Copper-Gold Porphyry, Nevada Danbo Tertiary Epithermal Gold Property, Nevada

DIRECTORS & MANAGEMENT TEAM

The Executive team has a strong and active track record for capturing shareholder value through discovery and sale of world class deposits. Directors include:

  •  Dr. Michael Gunning, President: >25 years of industry experience: mapping & mineral deposit research with both provincial and federal Geological Surveys, exploration in the America’s with Teck Resources, CEO of Hathor Exploration acquired by Rio Tinto for C$654m in 2012, and Executive Chairman of Alpha Minerals acquired in 2013 for C$180m. VR = current focus, 100%

  •  Darrin Wagner: >25 years of industry experience, starting in the America’s with Xstrata and Teck Resources, then a senior officer with New Millenium and Sydney Resources, both in successful mergers, CEO of West Timmins Mining, sold to Lake Shore Gold for $454M, currently CEO of Balmoral Resources.

  •  Craig Lindsay: >20 years industry experience in corporate finance, investment banking and mineral exploration business development in North America and Asia; previously CEO of Magnum Uranium, focused in Nevada and successfully sold to Energy Fuels Inc.; currently CEO of Otis Gold.

  •  Audit, Counsel: Corporate foundation built on industry-leading expertise from Gowling WLG (legal), Davidson & Company (audit),

  •  Banking: Bank of Montreal (BMO), Vancouver, B.C.

CAPITAL STRUCTURE

- Undiluted Shares - Warrants
- Options
- Fully Diluted

35.4 m

8.3 m 3.25 m 47.0 m

$ 3.5 M Corporate Registration:

- C 1111622 (Vancouver, BC) Suite 2300, 550 Burrard St.

Vancouver, BC, Canada, V6C 2B5

- Wholly Owned Subsidiary:. Renntiger Resources USA Ltd. C 20110121-0758 (Nevada)

 


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