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by Will Purcell

The diamond and specialty minerals stocks box score for Tuesday was a horrid 49-121-140 as the TSX Venture Exchange fell 12 points to 542. Dr. Michael Gunning's VR Resources Ltd. (VRR) lost one cent to four cents on 869,000 shares. The company has sold off its Hecla-Kilmer rare earth project, between Kapuskasing and Moosonee in Northern Ontario, leaving it with two other properties -- the New Boston polymetallic project in Nevada and the Northway diamond project, near Hecla-Kilmer.

New Boston has been the focus of late, as the company has just wrapped up a two-hole drill program on the project. The drilling began in April, with the first hole completed to a depth of just over 600 metres late in May and the second terminated at a downhole depth of just over 700 metres in mid-July. (Up to four holes had been planned, but the slow pace limited the effort, apparently.)

The second hole hit high-grade geologese, with intense "porphyry-style vein stockwork with sulphide ... from start to finish." There is an overall increase in visible pyrite, molybdenite and copper sulphide content downhole, cheers Dr. Gunning, president, chief executive officer and lead jargonizer, noting it grows both toward and within the monzonite porphyry. If you can feel your pulse thump in harmony with an increased breath rate at that news, hang on tight, as VR offers a gusher of geologese while you await the assays.

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