VR Resources Acquires Kraut Property to Expand Its Danbo Property, Nevada
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VR Resources Ltd. has acquired the Kraut property, to expand its epithermal gold exploration strategy within the southern part of the Walker Lane belt in west-central Nevada.
The Kraut property is located approximately 5 kilometres northwest of the company’s Danbo property in Nye County, Nevada. Kraut and Danbo are located in the southern part of the Monitor Range, approximately 50 kilometres northeast of Tonopah. Cost effective exploration is afforded by road access from highway 82, with actively used historic ranch and mine roads throughout both properties.
The Kraut Property consists of 6 mineral claims in one contiguous block covering 124 acres (50 hectares).
The company intends to commence surface exploration at Kraut early this summer. The work will be a natural extension of its work at Danbo during the past two years. There are accounts of periodic historic exploration at Kraut in the late 1950’s, early 1980’s and early 1990’s, including some shallow air-track drilling. The company will leverage an improved understanding of the nearby Round Mountain gold deposit since that time, and recent innovations in exploration technologies for Tertiary epithermal gold systems in general in the Walker Lane Belt in Nevada in order to evaluate the large area of alteration and surface gold geochemistry evident at Kraut.
“While the company gears up for its upcoming follow-up drill program at Bonita, we are excited about the opportunity this acquisition provides to apply our exploration experience at Danbo to the large alteration system at Kraut. The drill permitting process is underway at Danbo, and we will look forward to providing details on summer exploration at Kraut when plans are in place,” said VR’s CEO Dr. Gunning.
About VR Resources
VR is a new listing in the junior exploration space. The diverse experience and proven track record of its board in early-stage exploration and discovery is the foundation of VR. The company is focused on exploring for large copper-gold mineral systems in the western United States. VR is the continuance of 4 years of active exploration in Nevada by a Vancouver-based private exploration company. VR is well financed for its exploration strategy, which is currently focused on three core properties, namely Bonita, Junction,nd Danbo. VR owns its exploration assets outright, and will evaluate new opportunities on an ongoing basis, whether by staking or acquisition.
To stop by VR Resources’ website, CLICK HERE
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