VR Resources has submitted a permit amendment to the BLM to expand its drill site capacity at the New Boston project in Nevada, aiming to double permitted sites from eight to sixteen. The company is planning follow-up drilling based on recent high-grade polymetallic intercepts from hole NB26-003.
VR Resources completed a 2,892 ft drill hole (NB26-003) at the New Boston Project in Nevada, intersecting continuous polyphase veins with sulfide. While assays are still pending, the hole confirmed a major conductivity and chargeability anomaly at the Jeep Mine site.
IEMR Resources Inc. has announced a new NI 43-101 compliant mineral resource estimate for the Pine Tree porphyry molybdenum-copper-silver deposit in Nevada. The estimate includes an Indicated resource of 241.3 million tons at a $5.00 GMV cutoff and an Inferred resource of 295.7 million tons. The report highlights a high-grade molybdenum zone and significant potential for low strip ratio open-pit mining.
