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by Will Purcell

The diamond and specialty minerals stocks box score for Wednesday was a pleasant 102-68-140 as the TSX Venture Exchange rose six points to 549. Dr. Michael Gunning's adaptable promotion, VR Resources Ltd. (VRR), added one-half cent to 18.5 cents on 433,000 shares.

The company is offering 3.33 million shares at 15 cents -- enough of a discount one hopes to allow the company to raise the full $500,000 it is seeking. The cash, VR cheers, is for mineral exploration in Nevada and for working capital. Specifically, Dr. Gunning, president and chief executive officer, is planning a drill program on the New Boston polymetallic project, a copper, molybdenum and silver property in south-central Nevada.

The cash to be raised will augment the $600,000 that VR Resources will be getting within three weeks. That is the initial payment for the Hecla-Kilmer rare earth project in Northern Ontario that VR Resources recently sold to Neotech Metals Corp. (NTMC: $0.48). VR will also be getting another $400,000 in cash late in April when the sale closes, and it will also get four million Neotech shares in staged payments.

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