VR Submits NOI Permit Amendment to Expand Drill Sites for its New Boston Moly-Tungsten-Copper-Silver Porphyry Project in Nevada
VR Submits NOI Permit Amendment to Expand Drill Sites for its New Boston
Moly-Tungsten-Copper-Silver Porphyry Project in Nevada
VANCOUVER, British Columbia, Sept. 24, 2026 -- VR Resources Limited (“VR” or the “Company”, TSX.V: VRR, FSE: 5VR;
OTCQB: VRRCF) has submitted an amendment application for its current Notice of Intent (“NOI”) drill permit to the Nevada
Bureau of Land Management (the “BLM”) in order to increase the area and number of potential drill sites for follow-up drilling
planned at Jeep Mine on its New Boston moly-tungsten-copper-silver porphyry project in Nevada.
The planning process has begun for follow-up drilling to hole NB26-003 completed in June which intersected 317 m at 0.77%
CuEq* starting at surface, above 419 m of 0.48% CuEq*, in 2,892 ft (881 m) of continuous polymetallic stockwork veining (NR
dated Aug. 16, 2026).
The Company received its current NOI permit for the Jeep Mine area this spring, March 6, 2026, within 15 business days of
application, and anticipates a similar process time frame for the current amendment application to double the number of
permitted drill sites from eight to sixteen.
Dr. Michael Gunning, Chief Executive Officer of the Company, commented: “On the heels of our recently completed strategic-
level private placement, our focus is on the immediate start-up of exploration planning for the continuation of drilling at New
Boston.
Figure 1 is a panorama field photograph from 2023 to remind us of both the sheer scale of the polymetallic vein system
exposed on surface at New Boston, and the advantages of its location. Shown is the location of Jeep Mine , the focus of
current drill plans in the western half of the 3 - 4 km strike of the porphyry-skarn system overall.
Figure 2 is a field photograph from the spring showing the along-strike potential of the tungsten-rich upper mineral interval in
hole NB26-003 at Jeep Mine, and the network of pre-existing roads and trails which will facilitate cost-effective follow-up drilling
planned for this fall for the project.
Figure 3 shows the drills sites in the NOI amendment application which provide greater coverage across the IP chargeability
shell in the western half of the overall skarn and porphyry system exposed on surface.
Figure 4 shows the interplay between stratigraphy, structure and IP and conductivity geophysical attributes in relation to the
2,900 ft intersection of polyphase stockwork veining in hole NB26-003. Drill holes prioritized in the follow-up program planned
for this fall incorporate all of these attributes.
We look forward to providing further updates as our drill planning advances at New Boston.”
On-site field video’s taken this spring are available on the New Boston Project Page on the Company’s website at www.vrr.ca.
They further illustrate the key messages here with regard to vein intensity at New Boston, and the history and strength of local
infrastructure in the region for mineral exploration.
Figure 1. New Boston has scale. Sheeted dykes and sheeted and stockwork veins with tungsten, moly, copper and silver are
exposed on surface over an east-west strike length of more than 3km. Yellow text highlights, for example, silver content in
surface grab samples of veins by VR. Conductivity anomalies at East Zone were drilled by VR in 2024. Co-spatial conductivity
- IP chargeability anomalies at Jeep Mine are the target for drilling in 2026. The view also emphasizes the strong local
infrastructure at New Boston.
Figure 2 . View east at Jeep Mine from the Blue Ribbon skarns located to the west, at the western end of the 3-4 km skarn
and porphyry system at New Boston. The drill at NB26-003 is visible in the left middle-ground, on the northern flank of the Jeep
Mine hill where veins at surface contain moly, tungsten, copper and silver mineralization. Drill hole NB26-003 was inclined
steeply to the south (towards the right in this photo), to drill across limestone host-rick strata dipping to the left, and down into
the large, red-brown garnet alteration zone that is clearly visible in front of the drill and which forms the upper, tungsten-rich
mineral interval in NB26-003 that will be the focus of follow up drilling this fall, taking advantage of the historic road network
visible in this photo. The geophysical profile in Figure 4 provides the framework for conductivity and IP attributes of this overall
target.
Figure 3. Blue circles are locations of the 16 drill sites in the current NOI drill permit amendment application, including the drill
collar and trace for drill hole NB26-003 completed in June, shown on a plan map of the 3D-array DCIP geophysical survey
completed at New Boston in 2023. Shown are IP iso-shells on a conductivity base map, 200m depth slice. Chargeability
values at the Jeep Mine range from 15–21 mV/V. Line H-H’ is the transect line for the conductivity profile shown in Figure 4
below. Mineralized sheeted veins strike for 2,100 m east-west across Jeep Mine through East Zone (see photo in Figure 1).
Figure 4. North-south conductivity profile for 3D-array DCIP survey shown in plan in Figure 3 above, with off-section drill trace
for hole NB26-003 completed at -75 towards 145 azimuth. Host-rock Triassic limestone stratigraphy is north-dipping across
the New Boston property. The two IP chargeability bodies range from 15-21 mV/V. NB26-003 targeted the south-plunging
conductivity anomaly starting from surface and cross-cutting stratigraphy, into the co-spatial IP root and through the CCT
stratigraphic contact below the south flank of Jeep Mine hill. The model is clipped at 500 m depth by convention; there is no
bottom to the IP anomaly at Jeep Mine in the inversion model, consistent with the sulfide-bearing veins throughout 2,892 ft of
drill core in NB26-003.
TECHNICAL INFORMATION
Technical information disclosed by the Company has been prepared in accordance with the Canadian regulatory requirements
set out in National Instrument 43-101. Technical information contained in this document, and on the Company’s website, has
been reviewed and approved on behalf of the Company by the President & CEO, Dr. Michael Gunning, PhD, P.Geo., a non-
independent Qualified Person.
* The reader is referred to the previous news release dated August 16 th for a fulsome description of the use of the terms
mineral interval and CuEq, and an overview of QAQC protocols for geochemical sampling of drill core for the New Boston
project.
Stock Option Allocation. The Company has approved an aggregate allocation of 400,000 RSUs, 800,000 DSUs and 1,950,000
incentive stock options at a price of $0.56 and exercisable for a period of five years to certain directors, officers and
consultants to the Company, in accordance with the terms of the Company’s equity incentive plans. The equity grants remain
subject to the approval of the TSX Venture Exchange.
ABOUT VR RESOURCES LTD.
VR is an established junior exploration company based in Vancouver. VR evaluates, explores and advances opportunities in
copper, gold and critical metals in Nevada, USA, and Ontario, Canada. VR applies modern exploration technologies, in-house
experience and expertise in greenfields exploration to large-footprint mineral systems in underexplored areas/districts. The
foundation of VR is the proven track record of its Board and Management in early-stage exploration, discovery and M&A. VR is
well funded for its exploration business. VR owns its projects outright and evaluates new opportunities on an ongoing basis,
whether by staking or acquisition.
For more detailed information on the Corporation, and it mineral exploration projects, please visit the Company’s website at
www.vrr.ca
ON BEHALF OF THE BOARD OF DIRECTORS
Dr. Michael H. Gunning
President & CEO
For general information please use the following:
Website: www.vrr.ca
Email: [email protected]
Phone: 778-731-9292
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS:
This news release contains statements that constitute "forward-looking statements". Such forward looking statements involve
known and unknown risks, uncertainties and other factors that may cause the Company’s actual results, performance or
achievements, or developments in the industry to differ materially from the anticipated results, performance or achievements
expressed or implied by such forward-looking statements. Forward-looking statements are statements that are not historical
facts and are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends,"
"estimates," "projects," "potential" and similar expressions, or that events or conditions "will," "would," "may," "could" or
"should" occur. Forward-looking statements in this document include statements concerning the drill permit application for the
Company’s New Boston property and plans for future follow-up drilling, and all other statements that are not statements of
historical fact.
Although the Company believes the forward-looking information contained in this news release is reasonable based on
information available on the date hereof, by their nature, forward-looking statements involve assumptions, known and unknown
risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future
events, to be materially different from any future results, performance or achievements expressed or implied by such forward-
looking statements. Examples of such assumptions, risks and uncertainties include, without limitation, assumptions, risks
and uncertainties associated with: general economic conditions; adverse industry events; future legislative and regulatory
developments in the mining sector; the Company’s ability to access sufficient capital from internal and external sources,
and/or inability to access sufficient capital on favorable terms; mining industry and markets in Canada; the ability of the
Company to implement its business strategies; competition; and other assumptions, risks and uncertainties.
The forward-looking information contained in this news release represents the expectations of the Company as of the date of
this news release and, accordingly, is subject to change after such date. Readers should not place undue importance on
forward-looking information and should not rely upon this information as of any other date. While the company may elect to, it
does not undertake to update this information at any particular time except as required in accordance with applicable laws.
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.sedarplus.ca and readers are urged to review them.
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.
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