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Bullboard - Stock Discussion Forum VR Resources Ltd VRRCF


Primary Symbol: V.VRR

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

TSXV:VRR - Post Discussion

VR Resources Ltd > great chance we hit diamonds
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Post by Bigoil2113 on May 30, 2023 3:34pm

great chance we hit diamonds

A large airborne geophysical survey was flown in late 1987 and was then followed up with the ground surveys. This information was used to select targets for drilling. A total of 16 kimberlites were discovered in the area during the 1988 and 1989 drilling campaigns. Initial results from the kimberlites indicated that all but one contained diamonds. However, the chemistry of the minerals in the kimberlite and the quantity of the microdiamonds recovered did not suggest that they had a very good potential for being economic.
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