- VR Resources (VRR) is completing final preparations for first-pass drilling at its Amsel Gold-Silver Project in Nevada
- The drill is expected to arrive on site this week to commence drilling
- Field crews cleared the main access road and prepared drill sites during the last two weeks of January
- VR Resources is up 2.74 percent, trading at $0.38 at 12:30 p.m. EST
VR Resources (VRR) is completing final preparations for first-pass drilling at its Amsel Gold-Silver Project in Nevada.
Field crews cleared the main access road and prepared drill sites during the last two weeks of January.
The drill is expected to arrive on site this week to commence drilling.
The integrated target at Amsel is new and has never been drilled historically.
“The company has four years of exploration under its belt at Amsel and along the 20 km long trend of gold-silver veins within the Big Ten caldera. High-grade veins at the Danbo property were our initial focus, but it is the Amsel property that has produced by far the most compelling and integrated target for a large-scale epithermal gold-silver system,” said CEO Dr. Michael Gunning.
“We look forward to providing further updates as the drill starts turning on the first-ever drill program into the heart of the large epithermal gold-silver system at Amsel. To be clear, we are taking a two-stage approach to this first-pass drilling, starting with the northern part of the target this winter, and then testing the larger and stronger southern part of the anomaly located on the southern hillslope this summer.”
VR Resources is up 2.74 percent, trading at $0.38 at 12:30 p.m. EST.
