Dr. Michael Gunning reports

VR RECEIVES NOI DRILL PERMIT FOR ITS NEW BOSTON MOLY-TUNGSTEN-COPPER-SILVER PORPHYRY PROJECT IN NEVADA

VR Resources Ltd. has received its notice of intent (NOI) drill permit from the Nevada Bureau of Land Management (the BLM) for its New Boston molybdenum-tungsten-copper-silver porphyry project in Nevada.

The permit was received 15 business days from submission. It includes eight potential drill sites in the Jeep mine area in the western part of the polymetallic porphyry system of sheeted and stockwork veins exposed on surface at New Boston over a strike length of between three and four kilometres. The company has commenced the reclamation bonding process customary with all BLM NOI drill permits in Nevada.

Field planning is now under way for an approximately 1,500-metre drill program to test the new IP and conductivity geophysical anomalies at Jeep mine.

Dr. Michael Gunning, chief executive officer of the company, commented: "We are appreciative of the efficient execution of our NOI permit application by the BLM, and excited to have the ball rolling again at New Boston. Indeed, we will be on site this week for active field planning as the permitting process rolls out.

"Our goal is simple; to complete the first-pass drilling across the large-footprint, moly-tungsten-copper-silver porphyry and skarn system that we started in 2024. The field photograph below illustrates the two key messages for New Boston; firstly, scale, with sheeted and stockwork veins exposed on surface over a three to four km strike east-west, and secondly, strong local infrastructure, a key strategic advantage for project development.

"Please note that there are two on-site field video's taken last month and available on the New Boston project page on the company's website."

Context

Prior to the submission of the NOI drill permit application for Jeep mine, the inversion models for the state-of-the-art 3-D array DCIP geophysical survey completed in 2023 were reviewed, for best practice, with the team at Dias Geophysical, a leading provider of geophysical services, during the recent AME Mineral Exploration Conference held in Vancouver. Co-spatial and steeply plunging conductivity and IP chargeability anomalies at Jeep mine are now more precisely defined and better understood based on the review, and will be tested in the planned upcoming drilling as the potential vein and sulphide centre of the overall skarn and porphyry system at New Boston.

Conductivity anomalies at East zone identified in that same 2023 DCIP survey were drill tested in 2024 in the first leg of VR's first-pass drilling at New Boston. Copper and silver mineralization were intersected in continuous and intense stockwork veining in more than 1,500 feet of drill core in hole 002. The planned drilling in the heart of the IP chargeability anomaly and coincident conductivity at Jeep mine hopes to build upon those results in terms of the polymetallic grade potential of polyphase, stockwork veins with molybdenum and tungsten in addition to copper and silver.

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 and approved 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 (mergers and acquisitions). VR owns its projects outright and evaluates new opportunities on a continuing basis, whether by staking or acquisition.

The reader is referred to the company's website for current corporate information on the company.

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