Dr. Michael Gunning reports

VR CONFIRMS NEW IP AND CONDUCTIVITY ANOMALIES ON ITS BONITA PROPERTY PORPHYRY COPPER-GOLD PROJECT IN NEVADA

VR Resources Ltd. has received final data from the state-of-the-art 3-D-array DCIP geophysical survey completed last month over the Copper Queen target on the company's Bonita porphyry copper-gold project located in northwestern Nevada. Key results are positive, including:

• Conductivity anomaly adjacent to the Iron Chief specularite syenite breccia body on the east flank of the Copper Queen hill and lithocap;
• IP chargeability anomaly on south flank of Copper Queen hill, and adjacent to the Whiskey Bottle hydrothermal-magmatic breccia centre.

Dr. Michael Gunning, chief executive officer of the company, commented: "While our current focus is on the drill program at our New Boston porphyry project in Nevada, we are also excited to advance our long-standing and extensive porphyry exploration at Bonita with these new results from the 3-D-array DCIP survey.

"We see these new IP and conductivity anomalies as the strongest exploration vectors established to date towards the potential for a buried copper-gold stock or breccia body at Copper Queen and/or Iron Chief. They are central to the alteration, vein, porphyry dike, and breccia system that we have mapped and sampled on surface across the entire hilltop and lithocap during some four years of continuous exploration.

"The conductivity anomaly at Iron Chief is unique to the entire survey block. As shown in Figure 2 [in the original version of this release], it extends from surface to depth. It is flanked to the east by the syenite breccia phase cemented by specularite at Iron Chief and to the west by the historic workings at the 1936 mine on the east flank of the Copper Queen hill where copper veins are exposed on surface.

"The IP anomaly located to the south of the Iron Chief conductor may provide a vector for the porphyry-style copper-sulfide veining intersected in our initial drilling in 2017, for which there is a clear association in anomalous copper-gold geochemistry.

"We have only just started to dig into the robust data set and 3D models derived from the survey. We will provide further insights as we fully interpret the data and integrate the new DCIP model into our extensive project data base. Our intent is to evaluate the new Iron Chief conductor and Copper Queen IP anomaly for follow-up drilling."

There are two chief executive officer on-site field video's available on the Bonita project Page on the company's website. They illustrate the two key messages for Bonita with regard to application of modern exploration technologies to push discoveries in historic districts with proven metal potential, and the strength of local infrastructure as a key advantage for mineral exploration and project development alike.

Context for DCIP survey

The geophysical proposal and agreement for the survey at Bonita was scoped last fall, in August, 2025, 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 AME Mineral Exploration Conference held in Vancouver in January. The goal was to optimize survey design in order to map narrow copper veins are present at surface, but also to be able to image a large volume porphyry stock, or breccia body potentially at depth as the source to the surface veins.

The target at Copper Queen has scale, and the DCIP survey was large, with a grid block of approximately 1.5-by-3.5-kilometre covering the entire hilltop and surrounding lowlands. To optimize both resolution and depth penetration for a large-scale porphyry target, the survey was designed on 200 m line spacing with 150 m station spacing. The survey was completed over a three week period in February, 2026.

As described and illustrated in the previous news release dated March 12, 2026, the DIAS32 survey technology used at Bonita is state-of-the-art, and the resultant data set is robust; the 3-D resistivity model contains approximately 187,000 source data points, and 135,500 source data points for the IP model. Depth penetration for the 3-D modelling is approximately 400 m.

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

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