The Prospector News

VR Resources Signs MOU with Lac Des Milles Lacs First Nation, Northwestern Ontario

You have opened a direct link to the current edition PDF

Open PDF Close
Uncategorized

Share this news article

VR Resources Signs MOU with Lac Des Milles Lacs First Nation, Northwestern Ontario

 

 

 

 

 

VR Resources Ltd. (TSX-V: VRR) (OTC:VRRCF) (FSE: 5VR), is pleased to announce the signing of a memorandum of understanding with Lac des Mille Lacs First Nation with respect to VR’s recently acquired Empire, Silverback and Rambler projects in Northern Ontario, near the town of Upsala.

 

From VR’s CEO, Justin Daley, “this MOU reflects a mutual desire for VR and LDMLFN to work together in a collaborative, mutually beneficial, and respectful manner with the shared goals of social, ecological, cultural and economic well-being. The MOU also establishes various areas of benefit sharing, including a commitment by VR and LDMLFN to jointly identify opportunities for LDMLFN community members to participate in VR’s exploration programs through local business, employment and training opportunities where possible.

 

VR looks forward to working in partnership with LDMLFN throughout its exploration and appreciates the community’s support to our projects moving forward.

 

About the Projects

 

The Empire, Silverback and Rambler projects are located within the traditional territories of the Lac des Milles Lacs First Nation and represent an expansion of the Company’s long standing KSZ strategy in the James Bay Basin of Ontario, 600 km away, on similarly long-lived, crustal-scale structures intersecting greenstone belts within the Archean Superior craton. This new Western Superior strategy is focused on exploring large intrusive complexes with demonstrated gold and copper mineralization in hydrothermal and magmatic systems. The opportunity for VR is to be the first to apply the latest mineral deposit models and research along with modern exploration technology on the projects, in a historically underexplored area.

 

About VR Resources

 

VR is an established junior exploration company based in Vancouver. VR evaluates, explores and advances large-scale, blue-sky opportunities in copper, gold and critical metals in Nevada, USA, and Ontario, Canada, and more recently made Canada’s newest bluesky discovery of a diamond-bearing kimberlite pipe at its Northway project. VR applies modern exploration technologies and leverages in-house experience and expertise in greenfields exploration to large-footprint mineral systems in underexplored areas/districts. The foundation of VR is the proven track record of its Board in early-stage exploration, discovery and M&A. The Company is financed for its mineral exploration and corporate obligations. VR owns its properties outright and evaluates new opportunities on an ongoing basis, whether by staking or acquisition.

 

Posted December 9, 2024

Share this news article

MORE or "UNCATEGORIZED"


ABRASILVER ANNOUNCES CLOSING OF $30 MILLION PUBLIC OFFERING OF COMMON SHARES

AbraSilver Resource Corp. (TSX-V: ABRA) is pleased to announce th... READ MORE

February 7, 2025

Troilus Announces $5.8 Million Strategic Investment by Vaneck via a Non-Brokered Private Placement

Troilus Gold Corp. (TSX: TLG) (OTCQX: CHXMF) (FSE: CM5R) announce... READ MORE

February 7, 2025

PPX Closes First Tranche of Silver Royalty Agreement With Silver Crown Royalties

PPX Mining Corp. (TSX-V: PPX) (BVL: PPX) is pleased to announce t... READ MORE

February 7, 2025

Barrick Grows Gold and Copper Reserves Significantly, Setting It Apart From Peers as It Positions for Growth

Barrick Gold Corporation (NYSE:GOLD) (TSX:ABX) grew attributable ... READ MORE

February 6, 2025

Liberty Gold Announces Assay Results from the 2024 Drill Program at the Black Pine Oxide Gold Project, Idaho

0.96 g/t Au over 24.4 meters, including 1.94 g/t Au over 6.1 mete... READ MORE

February 6, 2025

Copyright 2025 The Prospector News