Completion Of Second Hole And Maiden Drill Program At New Boston
VANCOUVER - VR Resources Ltd. completed the second hole and the maiden drill program on its New Boston polymetallic copper-moly-silver porphyry project in Nevada.
Drill hole NB24-002 was completed to 709 m. Processing, logging and sampling of core continues. All assays are expected before the end of summer, and the total program of 1,310 m in two holes, continuously sampled, will be reported on in full at that time.
Porphyry-style quartz vein stockwork with sulfide is intense throughout the 710 m in Hole 002, from start to finish. It occurs in both the country rock limestone of Triassic age, and in at least two phases of dacite and monzonite porphyry of Cretaceous age. There is an overall increase in visible pyrite, molybdenite and copper sulfide content down-hole, both towards and within the monzonite porphyry.
CEO, Michael Gunning, said, “Hole 002 was shut down despite being in monzonite porphyry with increasing stockwork veining and disseminated copper and moly’ sulfide for program and budget discipline. Despite a slow, albeit overall steady pace to drilling, we now have two long and nearly orthogonal intersections under our belt in the eastern part of the large and polymetallic, porphyry system of sheeted and stockwork veins at New Boston. Indeed, it is difficult to convey the volume and intensity of veining in the 700 m of core in this hole. We look forward to integrating all of the geochemical data from this program with our geological and exploration modelling developed over the last several years in order to plan the next phase of work.”