Core Viewpoint - Vanguard Mining Corp. is updating its technical report for the Redonda Copper-Molybdenum Project to include recent drilling data and historical information, aiming to refine the geological model and assess mineralization potential [1][11]. Drilling and Technical Report - The updated technical report will incorporate results from the last two drill campaigns, including pending assays from the 2025-2026 campaign and historical data from Teck Resources Ltd. [2][4] - Vanguard engaged Paradigm Drilling Ltd. to execute the recent drill program using a Boyles T-75 hydraulic drill capable of reaching depths over 600 metres [3]. Historical Context - The Redonda Project has a history of exploration, with Teck Resources completing nine diamond drill holes totaling 1,681 metres in 1979, and Vanguard conducting follow-up drilling in 2023 with five holes totaling 799.81 metres [4][11]. - Historical drilling encountered copper-molybdenum mineralization, but these results are not treated as current resources or reserves [4]. Recent Drilling Results - The 2023 exploration program reported various mineralization intervals, with notable results including: - Hole Red-23-04: 15.2 m at 0.452% Cu and 0.0265% Mo from 3.1 to 18.2 m [7] - Hole Red-23-05: 142.6 m at 0.279% Cu and 0.0281% Mo from 39.3 to 182.0 m [7] - The 2023 assays compared closely with historical results from 1979, indicating consistency in mineralization [5]. Collaboration and Community Engagement - The company prioritizes collaboration with the Klahoose First Nation, focusing on local labor, training opportunities, and using Klahoose-affiliated service providers for logistics [16]. - Ongoing engagement will include regular updates on work plans and adherence to cultural heritage protocols [16]. Geological Insights - The Redonda Project is located within the Coast Suture Zone and features geological characteristics similar to nearby porphyry systems, with mineralization concentrated along a hornblende dike [21]. - The geological model is being refined using data from a 2024 airborne geophysical survey, which identified potential intrusive centers and structural corridors [17][19]. Project Overview - The Redonda Project encompasses nine mineral claims totaling 2,746.46 hectares, accessible year-round via barge service and logging roads [20]. - The project is positioned to explore high-value strategic minerals critical to the global energy transition [23].
Vanguard Mining Engages Qualified Person to Update NI 43-101 Technical Report for Redonda Copper-Molybdenum Project, British Columbia
Thenewswire·2026-01-16 21:05