Vanguard Mining Engages Qualified Person to Update NI 43-101 Technical Report for Redonda Copper-Molybdenum Project, British Columbia

Executive Summary
- Vanguard Mining engaged W.B. Lennan, P.Geo to update its March 15 2024 NI 43‑101 technical report for the Redonda Copper‑Molybdenum Project, incorporating data from the recently completed 2025‑2026 drill campaign.
- The 2025‑2026 drilling was executed by Paradigm Drilling Ltd. using a Boyles T‑75 hydraulic diamond rig; core has been logged and samples submitted to ALS Canada for assay analysis (results pending).
- Historical drilling data (1979 Teck Corp., 2023 follow‑up) and recent airborne geophysical work are being integrated into the updated technical report and future exploration planning.
Key Details
- Technical Report Update – W.B. Lennan, P.Geo will revise the March 15 2024 Redonda Technical Report to include:
- Results (assays pending) from the 2025‑2026 drill program.
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Updated geophysical data and historic Teck Corp. drilling information.
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Drill Program Execution – Paradigm Drilling Ltd. deployed a Boyles T‑75 hydraulic, track‑mounted diamond drill capable of >600 m depth testing.
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2023 Exploration Program (Historical) – Five holes totalling 799.81 m were drilled; key intercepts include:
- Hole Red‑23‑04: 15.2 m @ 0.452 % Cu, 0.0265 % Mo, 0.1053 ppm Re.
- Hole Red‑23‑05: 142.6 m @ 0.279 % Cu, 0.0281 % Mo, 0.0927 ppm Re.
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Hole Red‑23‑02 (interval 158.5‑169.2 m): 10.7 m @ 0.375 % Cu, 0.1377 % Mo, 0.5871 ppm Re.
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1979 Historic Drilling (Teck Corp.) – Nine NQ‑diameter holes totalling 1,681 m; notable historic intercepts:
- DOH R79‑2 (110‑200 m): 0.21 % Cu, 0.019 % MoS₂.
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DOH R79‑5 (92.5‑135 m): 0.20 % Cu, 0.038 % MoS₂.
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Assay Status – All core from the 2025‑2026 program has been logged and shipped to ALS Canada; assay results are pending. Visual observations indicate alteration and sulphide mineralisation but are qualitative only.
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Community Engagement – Vanguard is collaborating with the Klahoose First Nation, prioritising local labour, training, and use of Klahoose‑affiliated service providers throughout the campaign.
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Geophysical Target Generation – Late‑2024 airborne magnetic, gradient, and radiometric surveys identified:
- NE–SW trending fault system with right‑lateral offset.
- Circular magnetic lows interpreted as potential intrusive centres.
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Potassic alteration zones (radiometric K anomalies) guiding drill target selection.
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Qualified Person – Review and approval of technical information by J.T. Shearer, M.Sc., D.I.C., P.Geo (NI 43‑101 Qualified Person).
Notable Quotes
“Vanguard is progressing the update of the NI 43‑101 Technical Report for the Redonda Copper‑Molybdenum Project to incorporate data from the recently completed 2025–2026 drill program… Drilling was completed as planned, and all core has been logged and submitted for laboratory analysis.” – David Greenway, CEO
Materiality Assessment: Non‑Material – Neutral (the release provides operational updates without disclosed assay results or financial impact).