Vanguard Mining's Airborne Survey Identifies High-Priority Copper-Molybdenum Targets at Redonda Project

TL;DR

Vanguard Mining Corp. announces exploration update on Redonda Project, presenting opportunity to capitalize on high copper and gold prices.

Precision GeoSurveys conducted Airborne Geophysical program at Redonda Project, revealing potential mineralization through detailed geophysical and radiometric data analysis.

Exploration at Redonda Project aims to secure domestic copper supply, contributing to global resource sustainability and economic stability.

Airborne survey reveals intriguing geological insights at Redonda Project, showcasing untapped potential for valuable mineral deposits and future discoveries.

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Vanguard Mining's Airborne Survey Identifies High-Priority Copper-Molybdenum Targets at Redonda Project

Vanguard Mining Corp. has announced the results of a comprehensive airborne geophysical survey at its Redonda Copper-Molybdenum Project, providing critical insights into the project's geological potential. The survey, conducted by Precision GeoSurveys, covered 637 line kilometers and revealed several key observations including magnetic trends and potassium alteration zones that could indicate promising mineralization areas. Approximately 90% of the 2,746.46-hectare property remains untested, presenting significant exploration opportunities for the company.

The new survey has identified multiple high-priority targets for future drilling, particularly in areas with distinct potassic alteration and magnetic signatures. Recent drilling at the project previously returned promising results, including 142.6 meters of 0.279% copper and 0.0281% molybdenum, demonstrating the property's existing mineralization potential. The company has already secured drill permits for up to 10 drill sites along 5.3 kilometers of road within the high-priority zone defined by the airborne results, positioning the project for accelerated exploration activities.

The survey utilized advanced technology, including an Airbus AS350 helicopter equipped with sophisticated data acquisition systems and magnetic gradient measurement tools. The comprehensive data collection, including magnetic intensity, radiometric measurements, and geological mapping, provides a robust foundation for future exploration efforts. The identification of potential mineralization zones, particularly around quartz diorite porphyry units and areas of potassic alteration, suggests significant potential for further discovery at the Redonda Project.

Notably, the project's geological setting shares similarities with other significant copper-molybdenum deposits in the region, such as the OKover and Gambier Copper deposits. Preliminary metallurgical test work has shown promising copper recoveries ranging from 94.7% to 96.9% and molybdenum recoveries between 92.2% and 95.6%, indicating favorable processing characteristics for any future mineral production. With copper currently trading near $5.00 per pound and gold surpassing $3,000 per ounce, the Redonda project represents a potentially strategic domestic mineral resource at a time of strong commodity prices.

Vanguard is planning to spin out the project into a new entity, tentatively named Blackstone Copper Corp., highlighting its perceived value and potential as a standalone asset. The survey results provide substantial technical justification for this corporate restructuring and demonstrate why the Redonda Project warrants focused development attention. The combination of advanced geophysical data, existing drilling results, and favorable metallurgical characteristics positions this project as a significant exploration opportunity in British Columbia's mining landscape.

Curated from NewMediaWire

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