Dr. Michael Gunning reports

DCIP GEOPHYSICAL SURVEY UNDERWAY ON VR'S BONITA PORPHYRY COPPER-GOLD PROJECT IN NEVADA

The 3-D-array DCIP geophysical survey is now under way over the Copper Queen target on VR Resources Ltd.'s Bonita porphyry copper-gold project in Nevada.

The geophysical proposal and agreement for the survey at Bonita was scoped last fall, in follow-up to the company's previous and extensive exploration on the property, including reconnaissance-level drilling. For best practice, the survey design was reviewed again, refined and finalized in-person with the team at Dias Geophysical, a leading provider of geophysical services, during the recent AME Mineral Exploration Conference held in Vancouver two weeks ago.

Dr. Michael Gunning, chief executive officer of the company, commented: "VR has worked with DIAS on three previous surveys on three other properties in Nevada, and also at the Silverback project in Ontario. That experience and relationship was the basis for the recent revisit and optimization of the survey design for Copper Queen, and we look forward to working with their team and industry-leading technology again this year.

"The goal of the survey is clear: to provide a precise exploration vector for follow-up drilling based on the surface mapping and exploration surveys completed to date by VR, and in particular, the porphyry-style copper-sulphide veining intersected in our initial, reconnaissance-style drilling at Copper Queen in 2017, for which there is a clear association in anomalous copper-gold geochemistry. We believe this survey has the potential to provide the most precise and robust vector to date for follow-up drilling at Copper Queen.

"We are excited to provide further details when the preliminary and final models from new DCIP 3-D modelling for Copper Queen become available.

"The field photographs included below illustrate and emphasize two key messages on Bonita; firstly, it is about the application of new exploration technologies and modern mineral deposit models for alkaline copper-gold porphyry systems that underscores the potential for a new discovery in an old district of artisanal iron workings at Copper Queen; and secondly, it is about infrastructure in the region, providing a strategic advantage for cost-effective mineral exploration and operations alike.

"In addition, there are two on-site field videos taken earlier this week and available on the Bonita project page on the company's website which further illustrate the key messages here with regard to the role of technology and innovation towards discovery and infrastructure towards cost-effective exploration."

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 on behalf of the company by the president and chief executive officer, 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, United States, 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.