The latest announcement is out from VR Resources ( (TSE:VRR) ).
VR Resources has announced promising results from its initial winter drilling program at the Silverback copper-gold project in Northwestern Ontario. The drilling intersected shear-zone hosted quartz veins with pyrite, chalcopyrite, and anomalous gold, confirming the presence of an epizonal, intrusion-associated orogenic mineral system. The findings suggest a large-scale mineral system with several untested targets, expanding the mapped extent of the greenstone belt and providing new insights into regional mineralization controls. This development positions VR Resources to further explore and refine its exploration plans, potentially enhancing its standing in the mining sector.
More about VR Resources
VR Resources Ltd. operates in the mining industry, focusing on the exploration and development of copper and gold projects. The company is engaged in identifying and advancing mineral properties with significant potential, primarily in regions known for their rich mineral deposits.
YTD Price Performance: -27.50%
Average Trading Volume: 47,812
Technical Sentiment Signal: Buy
Current Market Cap: $3.74M
Find detailed analytics on VRR stock on TipRanks’ Stock Analysis page.