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

Vanguard Mining Corp. has announced results from a comprehensive airborne geophysical survey conducted at its Redonda Copper-Molybdenum Project in British Columbia's Vancouver Mining Division. The survey, covering 637 line kilometers and executed by Precision GeoSurveys, provides critical geological insights that could significantly advance the project's development timeline. The data revealed distinct magnetic trends and potassium alteration zones that indicate promising mineralization areas, with approximately 90% of the 2,746.46-hectare property remaining untested and presenting substantial exploration opportunities.

The geophysical findings build upon previous drilling results that returned 142.6 meters of 0.279% copper and 0.0281% molybdenum, demonstrating the project's existing mineral potential. The new survey has specifically identified multiple high-priority targets for future drilling, particularly in areas exhibiting distinct potassic alteration and magnetic signatures that suggest concentrated mineralization. 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 deployed from an Airbus AS350 helicopter equipped with sophisticated data acquisition systems and magnetic gradient measurement tools. This comprehensive data collection included magnetic intensity, radiometric measurements, and detailed geological mapping, providing a robust foundation for future exploration efforts. The identification of potential mineralization zones around quartz diorite porphyry units and areas of potassic alteration suggests significant potential for further discovery, particularly given the project's geological similarities to 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 strong processing potential. 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. Vanguard's plan to spin out the project into a new entity tentatively named Blackstone Copper Corp. further highlights the perceived value and development potential identified through the survey results, marking a significant step forward in the project's advancement.

Curated from NewMediaWire

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