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 Corp. has announced results from a comprehensive airborne geophysical survey conducted at its Redonda Copper-Molybdenum Project in the Vancouver Mining Division of British Columbia. The survey, performed by Precision GeoSurveys, covered 637 line kilometers and provides critical geological insights that could significantly advance exploration efforts at the property. The data revealed 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 survey utilized advanced technology including 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 geological mapping, creating a robust foundation for future exploration. The identification of potential mineralization zones, particularly around quartz diorite porphyry units and areas of potassic alteration, suggests significant potential for further discovery. The project's geological setting shares similarities with other significant copper-molybdenum deposits in the region, such as the OKover and Gambier Copper deposits, enhancing its prospectivity.
Recent drilling at the project previously returned promising results, including 142.6 meters of 0.279% copper and 0.0281% molybdenum. The new survey has now identified multiple high-priority targets for future drilling, particularly in areas with distinct potassic alteration and magnetic signatures. 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. This strategic positioning allows for efficient testing of the most promising areas identified by the geophysical data.
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 potential future 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. Vanguard is planning to spin out the project into a new entity, tentatively named Blackstone Copper Corp., highlighting its perceived value and potential in the current market environment.
Curated from NewMediaWire

