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, providing critical insights into the project's geological potential. The survey, executed by Precision GeoSurveys, covered 637 line kilometers across the property and revealed several key observations including magnetic trends and potassium alteration zones that indicate promising mineralization areas. Approximately 90% of the 2,746.46-hectare property remains untested, presenting substantial exploration opportunities for future development.

The geophysical data 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 mineral 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. This 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 and resource expansion.

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. 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 for standalone development. The survey results provide critical data for prioritizing exploration efforts and maximizing the efficiency of future drilling campaigns. The combination of advanced geophysical data, favorable metallurgical characteristics, and strategic location positions the Redonda Copper-Molybdenum Project as a significant opportunity in the North American mining landscape.

Curated from NewMediaWire

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