Bullboard - Stock Discussion Forum VR Resources Ltd V.VRR

Alternate Symbol(s): VRRCF

Metals & Mining Industrial Metals & Minerals

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... see more

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VR Resources Ltd > low micro diamond count VICTOR turned into a diamond mine

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Post by Bigoil2113 on Sep 30, 2023 4:58pm

low micro diamond count VICTOR turned into a diamond mine

The Victor kimberlite occurs in a cluster of 19 pipes, 90 km west of the coastal community of Attawapiskat on the western side of James Bay. De Beers discovered 16 of these bodies as a result of drilling in 1988 and 1989. More than 100 kg of core from each of the kimberlites was initially analyzed for microdiamonds, and all but one proved to be diamondiferous.

Subsequently, in 1994, two additional small kimberlites, dubbed MacFayden No. 1 and No. 2, were discovered by Spider Resources (spq-v) and KWG Resources at the northern end of the cluster, 8 km northwest of Victor. A 163.6-kg drill sample from MacFayden No. 1 returned just seven microdiamonds and two macrodiamonds. (A macro is defined as measuring greater than 0.5 mm in at least one dimension.) A follow-up 1-tonne test sample yielded no diamonds above a 0.8-mm cutoff.

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