Vanguard Mining begins diamond drilling at Redonda

Executive Summary

• Vanguard Mining Corp. has commenced its 2025 diamond drill program at its 100%-owned Redonda copper-molybdenum project in British Columbia, aiming to define the scale of the mineralized system following prior discoveries.
• The program is fully permitted and financed, utilizing Paradigm Drilling Ltd. with equipment capable of testing targets to depths exceeding 600 meters.
• Targeting is driven by late-2024 airborne geophysical surveys and recent drilling results, which previously returned intervals up to 142.6 meters grading 0.279% Cu and 0.0281% Mo.

Key Details

• Drilling Scope: Program includes up to 10 permitted drill sites on the 2,746.46-hectare Redonda property near Campbell River, B.C.
• Technical Approach: Paradigm Drilling Ltd. is deploying a Boyles T-75 hydraulic, track-mounted diamond drill with NQ tooling to test targets to depths exceeding 600 meters.
• Targeting Strategy:
  • Detailed geological mapping of brecciation trends.
  • Deeper drilling below 500 meters within the known potassic core.
  • Evaluation of mineralization continuity along prioritized structural trends.
  • Assessment of southern plunge beneath the Coast plutonic complex via additional geophysics and drilling.
  • Investigation of extensive iron skarns on the east side of Redonda Island to support a district-scale magmatic-hydrothermal model.
• Geophysical Data: Drill locations selected using late-2024 airborne geophysical survey data (total magnetic intensity, gradient magnetics, radiometrics). Key findings include a northeast-southwest-trending fault system and radiometric potassium anomalies defining arcuate potassic-alteration zones.
• Prior Results: Recent drilling returned intervals of up to 142.6 meters grading 0.279% copper and 0.0281% molybdenum. Surface sampling yielded near-surface intervals from 3.1 to 48 meters grading 0.529% copper equivalent. Earlier work delivered a 174-meter mineralized interval from surface.
• Stakeholder Engagement: Company is collaborating with the Klahoose First Nation, prioritizing local labor, training, and Klahoose-affiliated service providers. Consultation with the Homalko First Nation has concluded, with additional drill site permits being issued.
• Jurisdictional Context: CEO David Greenway highlighted British Columbia as a top-tier jurisdiction and noted Canada's new Major Projects Office as a signal of commitment to advancing critical projects.

Notable Quotes

• "Drilling is now under way at Redonda, launching our 2025 program and the next leg of growth for Vanguard. Permits are in hand, budgets set and crews turning -- we're executing a deep-drill campaign on the highest-priority targets defined by recent geophysics and prior holes." — David Greenway, CEO
• "Our goal this season is simple: build on the 2023-2024 discovery and start defining the true scale of the Redonda system." — David Greenway, CEO