VR extends continuous REE mineralization at Hecla-Kilmer to over 500 metre vertical depth in Hole 13, starting at surface and ending in 2.84 % TREO with gold.
- Drill Hole HK22-013: 361 m @ 0.96 % TREO(1) of which 20% are PMREO(2) within 461 m @ 0.85 % TREO + 0.13% Nb2O5, starting at bedrock surface, and including: o 39 m @ 2.01 % TREO within 66.6 m @ 1.57 % TREO with 20% as PMREO.
- The extended Hole to 504 metre depth ends with 2 m @ 2.84 % TREO and 1.1 g/t gold. Gold increases with TREO grades, and is associated with REE mineralization in monazite.
NR-22-18 January 17, 2023, Vancouver, B.C.: VR Resources Ltd. (TSX.V: VRR, FSE: 5VR; OTCQB: VRRCF), the "Company", or “VR”, is pleased to report results from the first of five drill holes completed last fall at its Hecla-Kilmer project (“H-K”) and critical metal discovery located in Northern Ontario. Data from the remaining drill holes are expected shortly.
Five drill holes were completed at Hecla-Kilmer in November, 2022, for 1,437m. The 21 drill holes completed to date are shown on Figure 1.
The first drill hole completed in the fall program was an extension of Hole 13 completed in June from 330 to 504 metres. The composite stratigraphic column in Figure 2 provides new data to illustrate the extension of the original 291 metre intersection to 461 metres. Salient features include:
- Mineralization starts at the bedrock surface, below an overburden of glacial till;
- Mineralization is continuous in nature, from bedrock surface to the end-of-hole at 504m;
- The REE mineralization remains open to depth, and is as strong as any REE interval higher in the 461 m intersection; there are no systematic changes down the hole in geology, density of carbonatite dykes and veins or intensity of potassic alteration;
- There are 49 one metre samples with > 2% TREO, and they span the entire 504m hole; • The proportion of the high value PMREO does not vary from the range of 17-22% of TREO;
- Gold mineralization at the bottom of the hole correlates with a corresponding increase in REE mineralization, and is part of the same polymetallic fluid system.
Read the full news release:
5SlSuBdaBk38kjeYmTul.pdf (vrr.s3.amazonaws.com)