ORIGINAL: VR Strengthens its Board, Corporate Compliance and Advisors as 2023 Exploration Gets Underway at its Northway and Hecla-Kilmer Properties in Northern Ontario
2023-05-11 07:31 ET - News Release VRR Close 2023-05-10 C$ 0.19
(via TheNewswire)
Vancouver, BC - TheNewswire - May 11, 2023 - VR Resources Ltd . ( TSX.V:VRR ) ( FSE:5VR ) ( OTC:VRRCF ), (the “ Company ” , or “VR ”), has strengthened its Corporate framework as drilling gets underway at its Northway kimberlite breccia pipe and Hecla-Kilmer REE critical metals project in northern Ontario.
From VR’s Founder and CEO, Dr. Michael Gunning;
The expansion and strengthening of VR across our Board, Management and Technical teams conveys our conviction, and commitment to execution on three separate properties and opportunities this year. Indeed, we feel that 2023 presents a stronger potential growth profile for our Company than in any year since our IPO in 2017.
With the successful Close of a $1.9M Financing, our near-term goal is to translate those funds into drilling to advance the kimberlite breccia pipe discovery on our Northway property in northern Ontario, and our nearby by REE critical metals project at Hecla-Kilmer. Beyond that, we also plan to complete two state-of-the-art geophysical surveys this spring on the large-footprint, polymetallic porphyry system at our New Boston property in Nevada, where sheeted veins and dykes with copper, moly and silver are mapped on surface over a strike length of some 4 km. We expect results and news flow related to all three initiatives through the summer months. |