CEO Comment
From VR's CEO Dr.
The goal of the two-stage reconnaissance drill program is to test all three of the main target areas within the broad surface alteration footprint at Amsel. We started on the North IP anomaly this past winter mostly for logistical reasons. The South IP anomaly targeted for this summer is, by comparison: 1. larger in plan view; 2. more deeply rooted in cross-section; 3. stronger in chargeability values, and 4. located below the strongest silver soil geochemistry with an associated high-temperature signature of thallium-tungsten-moly and lead. The last two points are particularly important in terms of 'what's next' at Amsel.
Hydrothermal fluids are channeled by faults. Based on points one to four from above, we believe that the southern block of the horst was the principal pathway for hydrothermal fluids and pyrite deposition proximal to the high temperature source at Amsel, and so that is where we plan to take the drill this summer; to the South IP anomaly to search for higher grades compared to those in the broad intersection in Hole 1 located in the adjacent structural block to the north.
The correlation of the core attributes at Amsel to the 20Moz gold system at Round Mtn. located nearby to the north reminds us of the upside potential at stake at Amsel, and thus the importance of testing all of the key targets across the entire alteration system exposed at surface. I hope this NR illustrates why VR intends to be the first company ever to do so.'
About the
Property Location and Description
The Big Ten project is located in
There are currently seven properties along the 20 km length of the Big Ten mineral trend. They total 117 claims covering 2,417 acres. Each property is a single, contiguous claim block. The properties are owned 100% by VR, registered to the Company's wholly-owned,
About
VR is an established junior exploration company focused on greenfields opportunities in copper and precious metals (TSX.V: VRR;
Contact:
Tel: 604-262-1104
Email: info@vrr.ca
Web: www.vrr.ca
Forward Looking Statements
This press release contains forward-looking statements. Forward-looking statements are typically identified by words such as: believe, expect, plans, anticipates, intends, estimate, and similar expressions or are those which, by their nature, refer to future events. Forward looking statements in this release include but are not limited to: 'follow up this drilling by testing the Southern IP block this summer for higher gold and silver grades in the center and root of the epithermal system at Amsel, and; VR evaluates new opportunities on an ongoing basis, whether by staking or acquisition.'
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