VR confirms the diamond potential for the kimberlite breccia pipe at Northway in Northern Ontario NR-23-18
VR RESOURCES LTD.
1500 – 409 Granville St.
Vancouver, BC, Canada, V6C1T2
Tel: 778-731-9292; [email protected]
TSX.V: vrr www.vrr.ca
VR confirms the diamond potential for the kimberlite breccia pipe
at Northway in Northern Ontario
NR-23-18
September 12, 2023, Vancouver, B.C.: VR Resources Ltd. (TSX.V: VRR, FSE: 5VR ; OTCQB: VRRCF ), the
"Company", or “VR”, has received complete results from caustic fusion and mineralogy from hole NW22-
001, the first hole into the kimberlite breccia pipe on its Northway property in Northern Ontario.
A micro-diamond fragment was recovered from the uppermost part of the 3 0 metres of kimberlitic
material intersected in drill hole NW22-001, the first reconnaissance drill hole into the eastern part of the
1.2 km magnetic anomaly at Northway. Attributes of the micro-diamond include:
▪ clear, free of inclusions;
▪ transparent, colourless;
▪ a fragment of a larger diamond.
Additional heavy mineral analyses from this section of core reveals:
▪ 1 eclogitic pyrope-almandine garnet with Mg-ilmenite inclusion;
▪ 6 chromite grains, of which 2 fall within the diamond stability field;
Photo 1 shows the sample interval (243 – 257.7m) of kimberlitic pyroclastic mudstone and waterlain
volcaniclastic kimberlite which contains the diamond fragment, at the top of the 30 metres intersected in
Hole 001 into the crater facies at the top of the breccia pipe complex, before the hole was terminated due
to caving in the overburden (NR-23-005; February 22, 2023).
The balance of c austic fusion and mineral composition results are pending for holes 002 and 003 which
were collared at the same site located approximately 450 m to the northwest of Hole 001, as shown in
Figure 1 and Figure 2. Samples from holes 002 and 003 span 438 m of core and make up the bulk of the
468 m of kimberlite intersected in all three holes and submitted for caustic fusion and mineral chemistry.
From VR’s CEO , Dr. Michael Gunning , “Northway is fertile . A clear and colourless fragment of a larger
diamond is preserved in the pyroclastic mudstone crater facies at the top of the breccia pipe , and the
composition of underlying Kimberley -type pyroclastic diatreme breccia (KPK) falls within the kimberlite–
melilite compositional range.
The clear fragment of a larger diamond is believed to be local in nature, that is, from the diatreme breccia
pipe complex in which it occurs, because the host kimberlitic mudstone was deposited in a waterlain, maar-
type depression filled with pyroclastic material which lacks exotic rock fragments from elsewhere. Further,
the kimberlite pipe was emplaced into a larger-scale depression, a graben, which was filled by sandstone
deposition in a Devonian seaway, thereby preserving the top of the breccia pipe (Figure 4).
Discovery is a process, not an event. The complete results from Hole 001 including the compositional data
summarized below are the foundation to start the real job of exploring and evaluating the diamond
potential of an entire field of targets, including Northway, potentially representing a new field of Devonian-
aged diamondiferous kimberlite pipes in the northern Superior craton in northern Ontario, and located
along the Ontario Northern Railroad.
VR RESOURCES LTD.
1500 – 409 Granville St.
Vancouver, BC, Canada, V6C1T2
Tel: 778-731-9292; [email protected]
TSX.V: vrr www.vrr.ca
Compositional studies for Hole 001.
Compositional data were obtained from 2 samples of drill core submitted for wholerock and ICP-MS trace
element geochemistry at ALS Laboratories , and from analysis of 15 samples of pelletal, accretionary
diatreme breccia by an electron microprobe (EMPA) equipped with an Energy Dispersive Spectrometer
(EDS) by Renaud Geological Consulting Ltd. (RGC) based in London, Ontario, with extensive experience in
kimberlite exploration, geology and mineralogy.
Preliminary observations include:
1. Deep crustal glimmerite xenoliths composed of massive phlogopite are common;
2. Phlogopite xenocrysts and mineral grains in xenoliths plot within kimberlite fields on Ti-Al plots,
and in kimberlite-orangeite field on Al-Fe plots (Figure 3)
3. melilite is observed in phlogopite-dominated magmaclasts and in accretionary rims;
4. Garnet is observed within altered xenocrysts of eclogite or websterite;
5. Accretionary lapilli are mainly biotite -phlogopite (now illite), surrounded by illite, dolomite -
ankerite, F-apatite, and perovskite;
6. Pelletal lapilli are hosted in a groundmass of carbonate, Ti -Ba-biotite-phlogopite including
glimmerite nodules, F-apatite, Al-spinel, clinopyroxene, Nb-ilmenite, monazite and perovskite.
Two of the Mg-rich chromite heavy mineral grains recovered from the diamond -bearing kimberlitic
mudstone at the top of the breccia pipe intersection also plot within the diamond stability field, consistent
with the compositional data of the phlogopite xenocrysts.
Technical Information
Summary technical and geological information for the Company’s various exploration properties is
available at the Company’s website at www.vrr.ca.
Technical information for this news release has been prepared in accordance with the Canadian regulatory
requirements set out in National Instrument 43 -101. Justin Daley, P.Geo., VP Exploration and a non -
independent Qualified Person oversees and/or participates in all aspects of the Company’s mineral
exploration projects, and the content of this news release has been reviewed on behalf of the Company
by the CEO, Dr. Michael Gunning, P.Geo., a non-independent Qualified Person.
About the Northway Property and Project
The Northway property is located in northern Ontario. It is approximately 1 2 km northeast of the
Company’s REE critical metal discovery at its Hecla-Kilmer project.
Exploration is based out of a camp at the hydroelectric facility at Otter Rapids located about 50 km to the
southeast of Northway. Provincial Highway 634 provides road access to Otter Rapids from Smooth Rock
Falls, located at the junction of HWY 634 with the Trans-Canada Highway. The property itself is just 15 km
west of the Ontario Northern railway (ONR) which provides service to the communities on James Bay.
VR RESOURCES LTD.
1500 – 409 Granville St.
Vancouver, BC, Canada, V6C1T2
Tel: 778-731-9292; [email protected]
TSX.V: vrr www.vrr.ca
The nearest town is Moosonee, located on tidewater at James Bay some 125 km to the north. Kapuskasing
is about the same distance to the southwest, located on the Trans-Canada Highway (Provincial HWY 11).
The Northway property consists of 64 contiguous claims in a single, 4 x 7 km block 1,315 ha in size. It was
expanded to a district-scale project by staking directly 284 new claims in 19 additional properties covering
magnetic anomalies near Northway and proximal to the ONR line, within an area of 50 x 70 km overall.
The properties are owned 100% by VR. There are no underlying payments or interests on the property
and no royalty interests because the property was staked by VR directly.
Northway is located on crown land in northern Ontario, with mineral rights administered by the Ontario
Ministry of Northern Development , Mines, Natural Resources and Forestry (“MNDM”). There are no
annual payments, but the MNDM requires certain annual exploration expenditures and reporting. The
property falls within the traditional territories of the Moose Cree and Taykwa Tagamou First Nations.
About VR Resources
VR is an established junior exploration company based in Vancouver (TSX.V: VRR; Frankfurt: 5VR; OTCQB:
VRRCF). VR evaluates, explores and advances opportunities in copper, gold and critical metals in Nevada,
USA, and Ontario, Canada, and most recently, a kimberlite breccia pipe discovery and field in northern
Ontario. VR applies modern exploration technologies , in-house experience, and expertise in greenfields
exploration to large -footprint systems in underexplored areas/districts. The foundation of VR is t he
proven track record of its Board in early -stage exploration, discovery and M&A . The Company is well-
financed for its mineral exploration and corporate obligations. VR owns its properties outright and
evaluates new opportunities on an ongoing basis, whether by staking or acquisition.
ON BEHALF OF THE BOARD OF DIRECTORS:
“Michael H. Gunning”
____________________________
Dr. Michael H. Gunning, PhD, PGeo
President & CEO
For general information please use the following:
Website: www.vrr.ca
Email: [email protected]
Phone: 778-731-9292
Forward Looking Statements
This press release contains forward -looking statements. Forward -looking statements are typically
identified by words such as: believe, expect, anticipate, intend, estimate, postulate and similar
VR RESOURCES LTD.
1500 – 409 Granville St.
Vancouver, BC, Canada, V6C1T2
Tel: 778-731-9292; [email protected]
TSX.V: vrr www.vrr.ca
expressions or those which, by their nature, refer to future events. Forward looking statements in this
release include those related to the companies upcoming plans, such as “The clear fragment of a larger
diamond is believed to be local in nature ”, and “VR evaluates new opportunities on an ongoing basis,
whether by staking or acquisition.”
This news release may contain statements and/or information with respect to mineral properties and/or
deposits which are adjacent to and/or potentially similar to the Company’s mineral properties, but which
the Company has no interest in nor rights to explore. Readers are cauti oned that mineral deposits on
similar properties are not necessarily indicative of mineral deposits on the Company’s properties.
Although the Company believes that the use of such statements is reasonable, there can be no assurance
that such statements will prove to be accurate, and actual results and future events could differ materially
from those anticipated in such statements. The Company cautions investors that any forward -looking
statements by the Company are not guarantees of future performance, and that actual results may differ
materially from those in forward-looking statements. Trading in the securities of the Company should be
considered highly speculative. All of the Company’s public disclosure filings may be accessed via
www.sedar.com and readers are urged to review these materials.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in Policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.
VR RESOURCES LTD.
1500 – 409 Granville St.
Vancouver, BC, Canada, V6C1T2
Tel: 778-731-9292; [email protected]
TSX.V: vrr www.vrr.ca
Figure 1. Upper: drill hole collars and traces shown on a magnetic amplitude plan map derived from
the high resolution drone magnetic survey completed in March, 2022 . Lower: drill holes shown on a
schematic geologic c ross section of Northway, based on regional and property -scale magnetic data,
historic exploration reports and observations in drill core from Holes 001 - 003 by VR.
VR RESOURCES LTD.
1500 – 409 Granville St.
Vancouver, BC, Canada, V6C1T2
Tel: 778-731-9292; [email protected]
TSX.V: vrr www.vrr.ca
Figure 2. The three drill holes completed to date support the external boundary conditions for the 1.2
km magnetic anomaly at Northway , as shown here in dashed white lines on both the RTP_HD
horizontal derivative plan map from the original drone magnetic survey flown in 2022 (upper), and on
the new, independent 3D inversion model derived from magnetic amplitude data (lower).
VR RESOURCES LTD.
1500 – 409 Granville St.
Vancouver, BC, Canada, V6C1T2
Tel: 778-731-9292; [email protected]
TSX.V: vrr www.vrr.ca
Photo 1. The diamond-hosting crater facies of chromium-rich kimberlitic mudstone (third row from
top) at 246 m in Hole 001 at Northway, below maroon sandstone at the base of Devonian Sextant
Formation. The sandstone in the top two rows contains reworked fragments of kimberlite.
VR RESOURCES LTD.
1500 – 409 Granville St.
Vancouver, BC, Canada, V6C1T2
Tel: 778-731-9292; [email protected]
TSX.V: vrr www.vrr.ca
Figure 3. Mineral chemistry data from electron microprobe (EMPA) analyses equipped with an Energy
Dispersive Spectrometer (EDS) . Upper: The outer rind on this lapilli shows concentric alignment of
minerals including biotite-phlogopite and opaque grains of Nb -ilmenite (field of view: 2mm) . Lower:
Mineral chemical analyses for 9 grains of Ti-Ba-biotite-phlogopite in Hole 001 on a Aluminum-Titanium
plot showing solid solution micas from groundmass phenocrysts/xenocrysts and grains (glimmerite)
from within the pelletal lapilli.