Dr. Michael Gunning reports

DRILL PROGRAM IS UNDERWAY AT VR'S NEW BOSTON MOLY-TUNGSTEN-COPPER-SILVER PORPHYRY PROJECT IN NEVADA

A drill program is under way on VR Resources Ltd.'s New Boston molybdenum-tungsten-copper-silver porphyry project in Nevada.

Plans are for approximately 1,500 metres of drilling in two to three holes to test the new IP and conductivity geophysical anomalies at Jeep mine. More specifically, and most importantly, the new drilling will test where IP and conductivity attributes coincide, representing the potential centre for both vein intensity and sulfide density within the large-footprint skarn and porphyry system at New Boston.

A photo available in the original version of this news release shows the drill rig on site at the first planned drill hole. It is collared in a high temperature alteration zone of quartz-garnet stockwork veining. The hole will be inclined steeply to the southeast, into and across the Jeep mine hill in order to test the coincident geophysical anomalies which plunge steeply across a panel of north-dipping limestone and sheeted monzonite dikes with sheeted and stockwork veins with molybdenum, tungsten, copper and silver mineralization which are exposed on surface at the drill collar.

The program is anticipated to take approximately two months to complete, with geochemical results to follow in the summer. The program will benefit from state-of-the-art analytical work at facilities located in nearby Reno, Nev., because of the logistical efficiencies afforded by the location of New Boston on Highway 95: 1. whole-core hyperspectral scanning and high-resolution photography will be completed systematically on all drill core by TerraCore Geospectral Imaging in order to document alteration chemistry and mineralogy and characterize vein geometries, and; 2. there will also be continuous sampling of all drill holes in their entirety for multielement ICP-MS geochemistry at Paragon Geochemical.

Dr. Michael Gunning, chief executive officer of the company, commented from on site at New Boston: "We are pleased to have the crew and rig on site at New Boston, and the drill program under way. Our mission is to execute immediately on the stated use of proceeds from our recent financings, in pursuit of near-term value creation potential at the drill bit for our shareholders.

"New Boston has scale. [In photo 2 in the original version of this news release] is a view east at Jeep mine from the Blue Ribbon skarns located to the west, at the western end of the three to four km skarn and porphyry system at New Boston.

"Our goal with this program is straight forward; to complete the first-pass drilling across the large-footprint, skarn and porphyry system that we started in 2024 at East zone. We view the long intersections of continuous stockwork veining with copper and silver intersected at East zone as only the starting point; we believe that the coincidence of IP and conductivity attributes at Jeep mine to the west provide a vector to stronger vein intensity and sulphide concentration, and thus, the potential for a stronger polymetallic intersection including moly and tungsten in addition to copper and silver.

"We are ready: this drill program is based upon integrated vectors from three years of detailed surface exploration and airborne surveys by VR, built upon expert historical work in the 1960s and 70s.

"The on-site CEO field video's available at www.vrr.ca illustrate the message here."

Context

Prior to the submission of the NOI drill permit application for Jeep mine, the inversion models for the state-of-the-art 3-D array DCIP geophysical survey completed in 2023 were reviewed, for best practice, with the team at Dias Geophysical, a leading provider of geophysical services, during the recent AME Mineral Exploration Conference held in Vancouver. Co-spatial and steeply plunging conductivity and IP chargeability anomalies at Jeep mine are now more precisely defined and better understood based on the review, and will be tested in the planned upcoming drilling as the potential vein and sulphide centre of the overall skarn and porphyry system at New Boston.

Conductivity anomalies at East zone identified in that same 2023 DCIP survey were drill tested in 2024 in the first leg of VR's first-pass drilling at New Boston. Copper and silver mineralization were intersected in continuous and intense stockwork veining in more than 1,500 feet of drill core in hole 002. The planned drilling in the heart of the IP chargeability anomaly and coincident conductivity at Jeep mine hopes to build upon those results in terms of the polymetallic grade potential of polyphase, stockwork veins with moly and tungsten in addition to copper and silver.

Stock option allocation. The company has approved an aggregate allocation of 200,000 incentive stock options at a price of 28 cents and exercisable for a period of five years to certain consultants to the company, in accordance with the terms of the company's stock option plan.

Technical information

Technical information disclosed by the company has been prepared in accordance with the Canadian regulatory requirements set out in National Instrument 43-101. Technical information contained in this document, and on the company's website, has been reviewed and approved on behalf of the company by the president and CEO, Dr. Michael Gunning, PhD, 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 opportunities in copper, gold and critical metals in Nevada, U.S., and Ontario, Canada. VR applies modern exploration technologies, 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 M&A (merger and acquisition). VR owns its projects outright and evaluates new opportunities on a continuing basis, whether by staking or acquisition.

We seek Safe Harbor.