DCIP Geophysical Survey Completed On Bonita Porphyry Copper-Gold Project

VANCOUVER – VR Resources Limited reported that 3D-array DCIP geophysical survey is now complete over the Copper Queen target on the Bonita porphyry copper-gold project in Nevada. The survey was completed on time, on schedule, and on budget.
The geophysical proposal and agreement for the survey at Bonita was scoped last Fall, in follow-up to the Company’s previous and extensive exploration on the property, including reconnaissance-level drilling. The target at Copper Queen has scale, and the DCIP survey is large, with a grid block of approximately 1.5 x 3.5 km covering the entire hilltop and surrounding lowlands.
The DIAS32 survey technology is state-of-the-art, and the resultant data are robust. The 3D resistivity model will contain in the order of 187,000 data points, and the IP model approximately 135,500 data points. Depth penetration for the 3-D modeling will be approximately 400 m.
Michael Gunning, Chief Executive Officer, said, “We are excited to advance our exploration at Bonita, and pleased with the field execution by the DIAS team, on schedule and on budget.
The survey covers the entire hill at Copper Queen because it is interpreted to be an alteration lithocap, dominated by secondary albite and hematite alteration, and with copper veins at surface at the historic workings at the 1936 mine. The survey is designed to optimize the mapping of sulfide and alteration minerals at depth below the central part of the hill where the veins come to surface.
The goal of the survey is clear: to provide a precise exploration vector for follow-up drilling based on the surface mapping and exploration surveys completed to date by VR, and in particular, the porphyry-style copper-sulfide veining intersected in our initial, reconnaissance-style drilling at Copper Queen in 2017, for which there is a clear association in anomalous copper-gold geochemistry. Our target here is a buried, alkaline porphyry stock or breccia body with copper sulfide and gold that is central to the alteration, vein, dyke and breccia system that we have mapped and sampled on surface across the entire hilltop and surrounding lowlands.
We are excited to provide further details from new DCIP survey at Copper Queen when the data processing, inversions and 3D models become available.”