Mr. Justin Daley reports

VR RESOURCES CONFIRMS MAFIC-ULTRAMAFIC INTRUSION WITH MAGMATIC sulphide IN FIRST TWO DRILLHOLES AT EMPIRE PROJECT, ONTARIO

VR Resources Ltd. has completed the first two holes of the maiden drill program at its Empire project in Northwestern Ontario. Drilling now confirms the Westwood magnetic target is a large mafic-ultramafic complex, showing magmatic sulphide segregations consistent with the showing over 600 metres to the west on the Trans Canada Highway. At least one more drill hole is planned at Empire before the holiday break, approximately 700 metres to the north of holes 1 and 2 to test the opposing margin of the intrusive complex.

IP drill targeting

Drilling to date on the Westwood target has focused on testing integrated features from the three independent surveys over the target as shown in a figure in the original version of this release, namely strong IP chargeability on lines 1 and 3 correlating with the two-kilometre-long magnetic anomaly with coincident DIGEM conductivity.

Drill hole 1, WW24-001, 249 metres, focused on the strongest chargeability response of 18 mV/V (millivolts per volt) on line 3, coinciding with strong vertical gradients on the eastern margin of the two km long, northeast-striking Westwood magnetic anomaly. Drilling intersected 240 m of leucocratic gabbro and 1 to 2 per cent pyrite-pyrrhotite with strong evidence of mafic-ultramafic magma mixing and brecciation throughout the hole.

Drill hole 2, WW24-002, 495 metres, was drilled from the same pad as hole 1 but directed to the southwest into the coincident magnetic high and airborne DIGEM conductivity anomaly with a 10 to 15 mV/V chargeability anomaly. The hole began in the same leucocratic gabbro before transitioning at 45 m into a gradually coarsening mafic-ultramafic intrusive with magmatic sulphide through to the end of the hole. Four rush samples of the strongest sulphide are now at the lab in Thunder Bay for gold, copper, PGE (platinum group elements) and trace element analysis.

From VR's chief executive officer, Justin Daley: "The first two holes ever drilled at the Empire project have now given us a proof of concept for the large mafic-ultramafic intrusions inferred from the magnetic survey flown last winter. The goal for this drill program was simple: to test our integrated geophysical targets for a larger interval of the mafic rock with sulphides observed along the Trans Canada exposure, and holes 1 and 2 have shown us just that. We look forward to providing further updates as we complete remaining holes planned on the other side of the complex, and as we receive assay results on this first batch of samples of sulphide in the first two holes."

About the Empire project

The Empire project consists of 313 mineral claims in one contiguous block covering 10,254 hectares. The project is located on federal Crown land, with mineral rights administered by the Ontario Ministry of Mines. There is a 2-per-cent net smelter royalty on the claims. There are no annual payments, but the ministry requires certain annual exploration expenditures and reporting (that is, mineral assessment reports) in order to maintain a mineral claim in good standing. The project falls within the Lac de Mille Lacs First Nation traditional territories.

Technical information

Surface grab samples and drill core samples were submitted for geochemical analysis to the AGAT laboratory in Thunder Bay, Ont. Drill core was logged, cut and sampled at the Holbik Exploration warehouse in Upsala, Ont., with sample preparation completed by AGAT in Thunder Bay alongside gold and PGE determination by atomic absorption assay. ICP-MS analyses for base metals, whole rock and trace elements is performed at AGAT's laboratory in Calgary, Alta. Analytical results are subject to industry-standard and National Instrument 43-101-compliant QA/QC (quality assurance/quality control) sample procedures, including the systematic insertion of sample duplicates, blanks and certified reference material (CRM) done both externally and internally at the laboratory by AGAT, as described by AGAT.

Technical information for this news release has been prepared in accordance with the Canadian regulatory requirements set out in National Instrument 43-101. Justin Daley, PGeo, president and CEO at VR and a non-independent qualified person oversees and/or participates in all aspects of the company's mineral exploration projects, and the content of this news release has been reviewed on behalf of the company by the executive chairman Dr. Michael Gunning, PGeo, a non-independent qualified person.

About VR Resources Ltd.

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 and Ontario, and, more recently, Canada's newest 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 record of its board in early-stage exploration, discovery, and mergers and acquisitions. The company is financed for its mineral exploration and corporate obligations. VR owns its properties outright and evaluates new opportunities on a continuing basis, whether by staking or acquisition.

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