VRR.V · 2017-05-11 12:00:00

Vr Resources Starts IP Geophysics at Bonita Copper-GOLD Property, Nevada NR-17-04

Exploration Programs

VR RESOURCES LTD.

1750 - 700 West Pender St.

Vancouver, BC, Canada, V6C 1G8

Tel: 604-262-1104; [email protected]

TSX.V: vrr; www.vrr.ca

VR RESOURCES STARTS IP GEOPHYSICS

AT BONITA COPPER-GOLD PROPERTY, NEVADA

NR-17-04

May 11, 2017, Vancouver, B.C.: VR Resources Ltd. (TSX.V: VRR, FSE: 5VR) the ("Company", or “VR” ), is

pleased to announce that an induced polarization (IP) geophysical survey is underway at its wholly owned

Bonita Property located in northwestern Nevada, USA.

VR has identified 8 integrated and specific targets for buried porphyry copper stocks within a large,

mappable porphyry hydrothermal system evident over the entire property at Bonita. Induced polarization

surveys are used in porphyry copper exploration to test for sulfide -bearing rocks which produce

chargeability anomalies. Eight test lines have been designed for the IP survey to evaluate the specific,

circular - to elliptical-shaped targets at Bonita for chargeability, as shown on a satellite image of the Bonita

property available on www.vrr.ca .

The IP work at Bonita is being done by Zonge International, based out of Reno. Three of eight lines were

completed in December, 2016; this program will complete the remaining 5 lines. The field crew mobilized

on Monday, May, 8, and the survey commenced on Bonita yesterday, Wednesday, May 10. The work is

expected to take approximately two weeks to complete. The company will evaluate extending, and/or in-

filling the IP survey when the set of eight test lines are complete.

Other exploration activities are ongoing at Bonita, as described in the previous news release on April 24,

2017 (www.vrr.ca ). Work includes:

▪ Collection of 207 soil samples from 5 lines, to augment 514 samples collected from 13 lines

previously. Geochemical data are expected this month;

▪ Detailed geological mapping of four key target areas at Bonita;

▪ Ongoing consultation with the BLM regarding the drill permit at Bonita;

▪ Ongoing discussions with various drilling companies for a drill contract at Bonita;

The Company is also making a number of field examinations to evaluate potential copper-gold

opportunities elsewhere in Nevada during this field program at Bonita.

The Company continues to develop plans for a first pass drill program to test at least two of the eight

integrated targets at Bonita. The Company looks forward to providing further updates as exploration

continues at drill planning progresses.

About the Bonita Property

The Bonita property is located in Humboldt County in northwestern Nevada, USA, approximately 200 km

northeast of Reno, and 75 km northwest of the town of Winnemucca.

The Bonita property is large, consisting of one contiguous 6,735 acre block of 326 claims covering an area

of approximately 5 x 7 kms (see satellite-based image at www.vrr.ca ). The property was acquired

VR RESOURCES LTD.

1750 - 700 West Pender St.

Vancouver, BC, Canada, V6C 1G8

Tel: 604-262-1104; [email protected]

TSX.V: vrr; www.vrr.ca

by staking in 2014, and is owned 100% by VR, free and clear of any interests or royalties . There are no

government-required exploration expenditures . VR has conducted successive exploration programs at

Bonita over the past 2 ½ years.

There is very good road access both to, and within , the Bonita property. A national railroad and state

power line are approximately 20 kms to the south. Bonita is located in desert -like basin and range

physiography, affording near ly year-round working conditions. Vegetation is sparse, and t here are no

towns or settlements near the property.

Technical information for this news release has been prepared in accordance with the Canadian regulatory

requirements set out in National Instrument 43 -101, and reviewed on behalf of the Company by Dr.

Michael Gunning P.Geo., a non-independent Qualified Person.

About VR Resources

VR Resources Ltd. (“VR”) is a new listing in the junior exploration space (TSX.V: VRR; Frankfurt: 5VR). The

diverse experience and proven track record of its Board in early -stage exploration and discovery is the

foundation of VR. The Company is focused on discovering and delineating large deposits in the western

United States. VR is the continuance of 4 years of active exploration in Nevada by a Vancouver -based

private exploration company . VR is well financed for a two year exploration strategy already in -place,

including first-pass drilling of its core asset, the Bonita Property. VR owns its exploration assets outright,

and will evaluate new opportunities on an ongoing basis, whether by staking or acquisition.

ON BEHALF OF THE BOARD OF DIRECTORS:

“Michael Gunning”

________________________

Michael Gunning, PhD, PGeo

President & CEO

For general information please use the following:

Website: www.vrr.ca Renmark Financial Communications Inc.

Email: [email protected] Barry Mire, Account Manager for VR:

Phone: 604-262-1104 E-mail: [email protected]

Tel.: (416) 644-2020 or (514) 939-3989

Website: www.renmarkfinancial.com

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 expressions or are those which, by their

nature, refer to future events. Forward looking statements in this release include but are not limited to

VR RESOURCES LTD.

1750 - 700 West Pender St.

Vancouver, BC, Canada, V6C 1G8

Tel: 604-262-1104; [email protected]

TSX.V: vrr; www.vrr.ca

references to a two-year exploration strategy; first-pass drilling of its core asset and the acquisition of new assets.

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 forwa rd-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

1936

Hemco

Hobbit

Iron Chief

Hemco South

Bonita South

Copper Queen

Bonita North

Bonita Spring

Bonita Central

Source: Esri, DigitalGlobe, GeoEye, Earthstar Geographics, CNES/Airbus DS, USDA, USGS,

AeroGRID, IGN, and the GIS User Community

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World Imagery

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Citations

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