VR Resources ( (TSE:VRR) ) has issued an announcement.
VR Resources has confirmed the presence of copper, nickel, and PGE mineralization at its Empire Project in Northwestern Ontario through a maiden reconnaissance drill program at the Westwood Target. The drilling results indicate a fertile, multiphase mafic-ultramafic intrusion with significant potential for further precious metals mineralization. The findings validate the company’s exploration model and suggest that similar low-cost exploration techniques can be applied to other targets within the Empire project, enhancing the company’s strategic positioning in the region.
More about VR Resources
VR Resources Ltd. operates in the mineral exploration industry, focusing on the discovery and development of copper, nickel, and platinum group elements (PGE) deposits. The company is engaged in exploration activities primarily in Northwestern Ontario, targeting fertile mafic-ultramafic intrusions for mineralization.
YTD Price Performance: -15.00%
Average Trading Volume: 65,811
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $4.21M
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