Vanguard Mining starts phase 1 exploration at Nucleon

Executive Summary

• Vanguard Mining Corp. has commenced Phase 1 exploration at its Nucleon uranium project in Saskatchewan’s Athabasca basin, engaging Hardline Exploration Ltd. to manage the program.
• The initial phase involves a $25,000 lake sediment geochemical survey across 23,424.90 hectares to identify and prioritize uranium-bearing systems and drill targets.
• The project is strategically located along major discovery corridors near significant deposits such as Fission Uranium’s Patterson Lake South and NexGen Energy’s Arrow, with no prior modern exploration conducted on the claims.

Key Details

• Project Location & Size: Nucleon uranium project, Athabasca basin, Saskatchewan, Canada; comprises seven mineral claims totaling 23,424.90 hectares.
• Exploration Partner: Hardline Exploration Ltd. (Canadian geological consulting and project management firm).
• Phase 1 Scope: Winter 2025 lake sediment geochemical survey to screen for uranium and pathfinder elements.
• Program Cost: Estimated at $25,000.
• Methodology: Systematic lake sediment sampling, multielement geochemical analysis, anomaly mapping, and prospect ranking.
• Strategic Context: Claims are positioned near major uranium discoveries and producers, including Fission Uranium (Patterson Lake South), NexGen Energy (Arrow), Atha Energy Corp., Denison Mines, Cameco Corp., and Orano Canada.
• Historical Exploration: No significant modern exploration has been conducted on the Nucleon mineral claims to date.
• Future Plans: Results will guide subsequent activities including ground geophysics, radiometric surveys, geochemical sampling, drill target definition, permitting, First Nations consultation, and eventual drilling.
• Qualified Person: Lawrence Segerstrom, consulting geologist, reviewed and approved the technical information under National Instrument 43-101.

Notable Quotes

• "The Nucleon project gives Vanguard a commanding position along one of the world's most important uranium discovery corridors... With over 23,000 hectares in the heart of the Athabasca basin and no historical modern exploration, this is a genuine blue-sky opportunity." — David Greenway, CEO