VR Resources Ltd. (TSX.V: VRR, FSE: 5VR; OTCBB: VRRCF), the “Company“, or “VR”, is pleased to announce the acquisition of the Rambler Gold Project (“Rambler”), located approximately 6km north of VR’s Empire Project on Trans Canada Highway 17 in Ontario, and has submitted a permit application for drilling and trenching.
Rambler was staked because sulfides reported in historic drill logs have been discovered at surface (Photo 1). In 1968, Inco drilled 5 holes at Rambler to less than 50m each, targeting EM anomalies for base metal mineralization, and intersected massive sulfide in each hole, with up to 6m of 85% pyrrhotite-pyrite around a magnetic high (Figure 1). As was common at the time, however, assays for gold were not completed or reported.
Recent sampling by VR shows anomalous gold in every rock unit at Rambler, and up to 149 ppb in disseminated pyrrhotite from mafic volcanic outcrops exposed during forestry road building in 2016, and subsequent prospecting by Holbik Exploration. Disseminated pyrrhotite (a magnetic iron sulfide) occurs in zones of silicification of both metavolcanics and arenite, peripheral to magnetic highs. VR has now recognized east-west shearing and boudinage on the south limb of a northeast-striking fold hinge at Rambler, which is adjacent to the Marmion fault that transects the Hammond Reef gold deposit to the southwest.
Photo 1. Like the Empire Project to the south, outcrops are sparse at Rambler. Gold mineralization in meta-volcanic rocks examined by VR Resources on Sept. 25th, 2024, occurs in outcrops exposed by forestry road building in 2016. Anomalous gold is correlated with disseminated and veinlet sulfides found in the foliated and sheared chlorite schists, with an apparent east-west and northeast structural control.
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