Core Target Confirmed At Reveille High Grade Silver Property

VANCOUVER, - VR Resources Ltd. reported on exploration completed this summer at its Reveille silver property located along the southeastern margin of the Walker Lane mineral belt in west-central Nevada. A new, covered and previously untested target for the potential core of the Reveille CRD silver-copper mineral system is evident from the integration of recently received 1D layered earth inversions of EM data with structural mapping from this summer, and new geochemical vectors and high-resolution magnetics. Field work commenced to complete a detailed soil geochemistry survey over the target and the entire western flank of the property, and to infill and extend the gravity survey completed this summer. The company has staked additional claims to extend the property farther west.

CEO, Michael Gunning, said, “Field work beginning in June has produced a final data set which shows us a new target for the potential core of the Reveille silver-copper CRD mineral system as exposed in high-grade surface showings in the south Reveille range; a buried conductor in an area of valley cover on the western flank of the range that is easily accessed yet never previously explored let alone drilled. The field work we mobilized last week is in direct response to integrating anomalies from recently received 1D layered earth inversions of EM data with our own structural models based on mapping during the summer. We will cover the new target with a new soil geochemical grid, and we will expand and infill our existing gravity survey for improved modeling.

VR did not acquire the Reveille property to re-invent the wheel with regard to historic showings on the hills that have been prospected for some 150 years. By the use of numerous state-of-the-art exploration technologies, and application of modern CRD mineral deposit models for the western Cordillera, we now have the conviction for a target that we believe is at the heart of the Reveille system, with a potential that is underscored by the proven capacity of the Reveille hydrothermal fluids to carry and precipitate silver and copper at extremely high grades.

To be clear, we are doing this follow up work right now, before the onset of winter in order to refine a plan for first-pass drilling in 2021. In the meantime, the Company continues to wait for its drill permit from the USFS for its nearby Amsel gold target located some 45 km’s to the northwest. We believe in the potential of both of these properties in the current precious metal cycle, and we look forward to providing further updates as our work proceeds to year-end.”

VR continues the process of integrating all data sets in order to evaluate each silver-copper showing on its own merit, but also to evaluate the potential for a large-scale, sub-surface root to the CRD mineral system as a whole. The Reveille property consists of 67 mineral claims in one contiguous block covering 1,344 acres (544 hectares) over an area of approximately 2 x 3 km’s.