VR drills 299.53 m of 0.47% TREO at Hecla-Kilmer

Dr. Michael Gunning reports

VR REPORTS 299 METRE INTERSECTION OF CRITICAL METALS AND REE'S IN THE FIRST OF FIVE DRILLS HOLES COMPLETED IN OCTOBER AT HECLA-KILMER

VR Resources Ltd. has provided new data from the first of five holes completed in October at its Hecla-Kilmer (H-K) project in Northern Ontario. A 299-metre intersection in drill hole HK21-005, starting near surface, confirms the discovery of a new and large-footprint rare earth element (REE) and critical metals system at H-K:

Total rare earth oxides (TREO) average 0.47 per cent TREO over 299.53 metres starting near surface at 52 metres hole depth, just eight metres below the base of till, and include: TREO up to 1.70 per cent over three m from 156 m, within 28 m of 0.80 per cent TREO starting at 152 m;Middle and heavy rare earth oxides (MHREO) of up to 0.18 per cent over three m at 152 m.

Concentrations of the critical metal niobium of 0.20 per cent Nb2O5 (niobium pentoxide) over 237.46 m, including: 55 m at 0.23 per cent Nb2O5 and 25.4 parts per million Ta2O5 (tantalum pentoxide) from 183 m;31 m at 0.31 per cent Nb2O5 and 33.4 ppm Ta2O5 from 275 m.