VR Resources Ltd. provided the following update on its exploration activities: Three drill holes completed for 1,035 metres in three different areas of REE critical metal mineralization at its Hecla-Kilmer project (H-K) in northern Ontario. Geochemical data are expected later this summer. The metallurgy and beneficiation study on dedicated drill core from Hole 013 is also underway, and results are also expected by late summer.

The Company plans to return to the nearby Northway kimberlite discovery for the completion of an additional drill hole prior to demobilizing the H-K drill program. Completion of two geophysical surveys on the large-footprint, coppermoly-silver porphyry system at its New Boston property in Nevada. The successful close of the $1.9m financing last month provided the funds to complete two high-tech geophysical surveys at New Boston.

The goal is to identify specific targets for drill testing the high temperature, sulfide core of the polymetallic, stockwork and sheeted vein system exposed at surface over a 4 km strike length. The Company is currently working with fully processed data and final plan maps from both surveys, and expects to report integrated results from 3D inversion models soon.