VR Resources finds large chargeability anomaly at Silverback copper-gold project in Ontario.
From GlobeNewswire: 2024-12-19 07:30:00
VR Resources Ltd. has received the final data for the 3D array DCIP survey on its Silverback copper-gold project in Ontario. A large chargeability anomaly was found in the center, linked to nickel-chrome mineralization. Additional anomalies to the west and northeast are also present, indicating potential for a large copper-gold system.
The dipole-dipole survey covered 3,500 by 2,750 meters and revealed chargeability anomalies correlated with the mafic-ultramafic body. The survey identified a central anomaly anchored by a north-south shear-zone and discreet anomalies to the west. The anomalies are potentially sources for sulfide minerals, with remobilized molybdenum critical for gold mineralization.
The IP survey at Silverback project has identified chargeability anomalies at the intersection of mafic feeder dykes. Remobilized molybdenum and gold-bearing quartz-carbonate veins indicate a polymetallic copper-gold system. VR’s CEO, Justin Daley, is optimistic about the survey results and plans to share detailed exploration targets and drilling plans for 2025.
The Silverback Project consists of 71 mineral claims covering 4,442 hectares in Ontario. Surface and drill core samples were sent for geochemical analysis. The Company aims to utilize modern exploration technologies to uncover opportunities in copper, gold, and critical metals in Nevada, USA, and Ontario, Canada. VR is focused on early-stage exploration, discovery, and M&A.
VR Resources Ltd. is an established junior exploration company evaluating opportunities in copper, gold, and critical metals. The Company’s forward-looking statements reflect optimism about future exploration plans and drilling in 2025. Readers are advised to review all public disclosure filings for more information. Trading in the Company’s securities is considered highly speculative.
Read more at GlobeNewswire: VR Resources Outlines Large 3D Chargeability Anomaly at the