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Gold/Mining/Energy : Canadian Diamond Play Cafi
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To: WillP who wrote (16149)5/12/2023 10:08:26 AM
From: Rocket Red  Read Replies (2) of 16203
 
april 4 = Use of ProceedsVR plans to use the gross proceeds of the Financing for mineral exploration in northern Ontario and for general working capital for the Company. More specifically, funds will be directed to the upcoming drill programs planned for this May to follow up on the REE critical mineral discovery at Hecla-Kilmer and the kimberlite breccia pipe discovery at the nearby Northway property.

april 19 = More specifically, the successful close of the first tranche of funds allows the company to commence its spring drill program in Northern Ontario. The camp will be reopened next week, with the plan to commence drilling on the kimberlite breccia pipe at Northway in the second week of May, followed by drilling at the Hecla-Kilmer REE critical metal property.

may 9 = Ontario

The successful Close of the Financing allows the Company to commence its spring drill program in northern Ontario. The camp was re-opened last week and is ready for the start-up of drilling planned for next week on the kimberlite breccia pipe at Northway, followed by drilling at the nearby Hecla-Kilmer REE critical metal project. Drilling is expected to take approximately one month to complete.

may 11 = VR Resources Ltd. has strengthened its corporate framework as drilling gets under way at its Northway kimberlite breccia pipe

= read between the lines pretty easy to figure it out
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