(TheNewswire)
September 12, 2023 - TheNewswire - Vancouver, BC - VR Resources Ltd. (TSX.V:VRR ) ( FSE:5VR ) ( OTC:VRRCF ) , the " Company ", or “ VR ”, has received complete resultsfrom caustic fusion and mineralogy from hole NW22-001, the first holeinto the kimberlite breccia pipe on its Northway property in NorthernOntario.
A micro-diamond fragment was recovered from the uppermost part of the30 metres of kimberlitic material intersected in drill hole NW22-001,the first reconnaissance drill hole into the eastern part of the 1.2km magnetic anomaly at Northway. Attributes of the micro-diamondinclude:
-
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 stabilityfield;
Photo 1 shows the sampleinterval (243 – 257.7m) of kimberlitic pyroclastic mudstone andwaterlain volcaniclastic kimberlite which contains the diamondfragment, at the top of the 30 metres intersected in Hole 001 into thecrater facies at the top of the breccia pipe complex, before the holewas terminated due to caving in the overburden ( NR-23-005; February 22, 2023 ).
The balance of caustic fusion andmineral composition results are pending for holes 002 and 003 whichwere collared at the same site located approximately 450 m to thenorthwest of Hole 001, as shown in Figure 1 and Figure2 . Samples from holes 002 and 003 span 438 m of core and make up the bulkof the 468 m of kimberliteintersected in all three holes and submitted for caustic fusion andmineral chemistry.
From VR’s CEO, Dr. Michael Gunning, “ Northway is fertile. A clear andcolourless fragment of a larger diamond is preserved in thepyroclastic mudstone crater facies at the top of the breccia pipe, andthe composition of underlying Kimberley-type pyroclastic diatremebreccia (KPK) falls within the kimberlite–melilite compositionalrange.
The clear fragment of a largerdiamond is believed to be local in nature, that is, from the diatremebreccia pipe complex in which it occurs, because t he host kimberlitic mudstone was depositedin a waterlain, maar-type depression filled with pyroclastic materialwhich lacks exotic rock fragments from elsewhere. Further, thekimberlite pipe was emplaced into a larger-scale depression, a graben,which was filled by sandstone deposition in a Devonian seaway, therebypreserving the top of the breccia pipe ( Figure 4 ).
Discovery is a process, not anevent. The complete results from Hole 001 including the compositionaldata summarized below are the foundation to start the real job ofexploring and evaluating the diamond potential of an entire field oftargets, including Northway, potentially representing a new field ofDevonian-aged diamondiferous kimberlite pipes in the northern Superiorcraton in northern Ontario, and located along the Ontario NorthernRailroad.
Compositional studies for Hole 001 .
Compositional data were obtained from 2 samples ofdrill core submitted for wholerock and ICP-MS trace elementgeochemistry at ALS Laboratories, and from analysis of 15 samples ofpelletal, accretionary diatreme breccia by an electron microprobe (EMPA) equipped with an Energy DispersiveSpectrometer (EDS) by Renaud Geological Consulting Ltd. (RGC) based inLondon, Ontario, with extensive experience in kimberlite exploration,geology and mineralogy.
Preliminary observations include:
-
Deep crustal glimmerite xenoliths composed of massivephlogopite are common;
-
Phlogopite xenocrysts and mineral grains in xenolithsplot within kimberlite fields on Ti-Al plots, and inkimberlite-orangeite field on Al-Fe plots ( Figure 3
-
melilite is observed in phlogopite-dominatedmagmaclasts and in accretionary rims;
-
Garnet is observed within altered xenocrysts ofeclogite or websterite;
-
Accretionary lapilli are mainlybiotite-phlogopite (now illite), surrounded by illite,dolomite-ankerite, F-apatite, and perovskite;
-
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 grainsrecovered from the diamond-bearing kimberlitic mudstone at the top ofthe breccia pipe intersection also plot within the diamond stabilityfield, consistent with the compositional data of the phlogopitexenocrysts.
Technical Information
Summary technical and geological information for theCompany’s various exploration properties is available at theCompany’s website at www.vrr.ca .
Technical information for this news release has beenprepared in accordance with the Canadian regulatory requirements setout in National Instrument 43-101. Justin Daley, P.Geo., VPExploration and a non-independent Qualified Person oversees and/orparticipates in all aspects of the Company’s mineral explorationprojects, and the content of this news release has been reviewed onbehalf of the Company by the CEO, Dr. Michael Gunning, P.Geo., anon-independent Qualified Person.
About the Northway Property andProject
The Northway property is located in northern Ontario.It is approximately 12 km northeast of the Company’s REE criticalmetal discovery at its Hecla-Kilmer project.
Exploration is based out of a camp at the hydroelectricfacility at Otter Rapids located about 50 km to the southeast ofNorthway. Provincial Highway 634 provides road access to Otter Rapidsfrom Smooth Rock Falls, located at the junction of HWY 634 with theTrans-Canada Highway. The property itself is just 15 km west of theOntario Northern railway (ONR) which provides service to thecommunities on James Bay.
The nearest town is Moosonee, located on tidewater at James Bay some125 km to the north. Kapuskasing is about the same distance to thesouthwest, located on the Trans-Canada Highway (Provincial HWY 11).
The Northway property consists of64 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 284new claims in 19 additional properties covering magnetic anomaliesnear Northway and proximal to the ONR line, within an area of 50 x 70km overall.
The properties are owned 100% by VR. There are nounderlying payments or interests on the property and no royaltyinterests 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 NorthernDevelopment, Mines, Natural Resources and Forestry (“MNDM”). Thereare no annual payments, but the MNDM requires certain annualexploration expenditures and reporting. The property falls within thetraditional territories of the Moose Cree and Taykwa Tagamou FirstNations.
About VR Resources
VR is an established junior exploration company basedin Vancouver (TSX.V: VRR; Frankfurt: 5VR; OTCQB: VRRCF). VR evaluates,explores and advances opportunities in copper, gold and criticalmetals in Nevada, USA, and Ontario, Canada, and most recently, akimberlite breccia pipe discovery and field in northern Ontario. VRapplies modern exploration technologies, in-house experience, andexpertise in greenfields exploration to large-footprint systems inunderexplored areas/districts. The foundation of VR is the proventrack record of its Board in early-stage exploration, discovery andM&A. The Company is well-financed for its mineral exploration andcorporate obligations. VR owns its properties outright and evaluates new opportunitieson 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: info@vrr.ca
Phone: 778-731-9292
Forward Looking Statements
This press release contains forward-looking statements. Forward-looking statements are typically identified by words suchas: believe, expect, anticipate, intend, estimate, postulate andsimilar expressions or those which, by their nature, refer to futureevents. Forward looking statements in this release include thoserelated to the companies upcoming plans, such as “ The clear fragment of a larger diamond is believed to be local innature ”, and “VR evaluates new opportunities on anongoing basis, whether by staking or acquisition.”
This news release may contain statements and/orinformation with respect to mineral properties and/or deposits whichare adjacent to and/or potentially similar to the Company’s mineralproperties, but which the Company has no interest in nor rights toexplore. Readers are cautioned that mineral deposits on similarproperties are not necessarily indicative of mineral deposits on theCompany’s properties.
Although the Company believes that the use of such statements isreasonable, there can be no assurance that such statements will proveto be accurate, and actual results and future events could differmaterially from those anticipated in such statements. The Companycautions investors that any forward-looking statements by the Companyare not guarantees of future performance, and that actual results maydiffer materially from those in forward-looking statements. Tradingin the securities of the Company should be considered highlyspeculative. All of the Company’s public disclosure filings may beaccessed via www.sedar.com and readers are urged to review thesematerials.
Neither the TSX Venture Exchange norits Regulation Services Provider (as that term is defined in Policiesof the TSX Venture Exchange) accepts responsibility for the adequacyor accuracy of this release.
---
Figure 1 . Upper : drill hole collars and traces shown on amagnetic amplitude plan map derived from the high resolution dronemagnetic survey completed in March, 2022. Lower :drill holes shown on a schematic geologic cross section of Northway,based on regional and property-scale magnetic data, historicexploration reports and observations in drill core from Holes 001 -003 by VR.
Figure 2 . The three drillholes completed to date support the external boundary conditions forthe 1.2 km magnetic anomaly at Northway, as shown here in dashed whitelines on both the RTP_HD horizontal derivative plan map from theoriginal drone magnetic survey flown in 2022 (upper), and on the new,independent 3D inversion model derived from magnetic amplitude data(lower).
Photo 1 . The diamond-hostingcrater facies of chromium-rich kimberlitic mudstone (third row fromtop) at 246 m in Hole 001 at Northway, below maroon sandstone at thebase of Devonian Sextant Formation. The sandstone in the top two rowscontains reworked fragments of kimberlite.
Figure 3 . Mineral chemistrydata from electron microprobe (EMPA) analyses equippedwith an Energy Dispersive Spectrometer (EDS). Upper: The outer rind on this lapilli shows concentricalignment of minerals including biotite-phlogopite and opaque grainsof Nb-ilmenite (field of view: 2mm). Lower :Mineral chemical analyses for 9 grains of Ti-Ba-biotite-phlogopite inHole 001 on a Aluminum-Titanium plot showing solid solution micas fromgroundmass phenocrysts/xenocrysts and grains (glimmerite) from withinthe pelletal lapilli.
Figure 4 . Paleogeography ofNorth America in middle Devonian time when the Northway kimberlitepipe event shown by the star occurred. The anoxic Devonian seawaydeposited sands of the Sextant Formation overtop of the maar facies atNorthway, thus preserving the breccia pipe complex in its entirety.
Copyright (c) 2023 TheNewswire - All rights reserved.