VR Resources Ltd (CVE:VRR) (OTCMKTS:VRRCF) reported on more successful exploration at its Big Ten gold project in the Walker Lane belt in Nevada, USA, which, it says, will help to inform its first drilling at the Amsel property.
As previously reported, the hill at Amsel is a large topographical feature at the asset with a surface footprint defined by the 2 x 2 kilometer (km) gold-silver soil anomaly.
Big Ten comprises seven properties, including Amsel, totaling 103 claims along a district-scale 20 km trend.
At Amsel, a ground-based induced polarization (IP) is now underway to identify where the sulfide-bearing quartz veins are concentrated within the cap and the anomaly.
Other field-work has included 165 soil samples at spaced stations; almost 200 rock samples and seven samples looking for potassium alteration. All has shown enrichment in gold, silver, and antimony within the alteration footprint, as well as the high temperature minerals molybdenum, tungsten, and bismuth, said VR.
"... whilst the company is well into its fall drill program on its copper-gold breccia target at Ranoke, we continue our work in Nevada, and in particular on the Big Ten gold project in Nevada," noted chief executive Dr Michael H Gunning.
"Surface programs completed this summer and fall have advanced the Amsel target considerably, establishing a robust, multi-element geochemical enrichment in precious metals, trace element epithermal indicators and high temperature base metal indicators across the entire alteration cap, and demonstrating a clear correlation between gold and silver to sulfide that will allow us to employ IP as an effective tool to map sulfide-bearing gold veins below the altered hilltop."
Gunning noted that the 18 million ounces Round Mountain deposit nearby to the north provided a "compelling analogue" for Amsel.
Last month, Vancouver-based VR Resources announced drilling was underway at the Ranoke copper-gold project in Ontario, where it is planning to drill an initial three holes that are expected to be between 500 and 1,000 metres deep.