Northwire Canada EditionSaturday, August 1, 2026
Northwire
S 0.140 +0.0% BNKR 4.40 −2.2% QRO 0.045 +0.0% VCT 0.075 +36.4% PPP 1.15 +0.9% LMG 0.390 +0.0% GRDM 0.140 +0.0% ABRA 13.58 −4.1% WHY 0.295 +1.7% HHH 3.94 −0.2% COS 0.060 +0.0% NOB 0.065 −23.5% MEK 0.055 +0.0% TGOL 0.105 −4.5% FCI 0.400 −7.0% SGQ 0.350 +0.0% S 0.140 +0.0% BNKR 4.40 −2.2% QRO 0.045 +0.0% VCT 0.075 +36.4% PPP 1.15 +0.9% LMG 0.390 +0.0% GRDM 0.140 +0.0% ABRA 13.58 −4.1% WHY 0.295 +1.7% HHH 3.94 −0.2% COS 0.060 +0.0% NOB 0.065 −23.5% MEK 0.055 +0.0% TGOL 0.105 −4.5% FCI 0.400 −7.0% SGQ 0.350 +0.0%
Drill Results

Vanguard Mining Reports Re-Assay Program for Redonda Copper-Molybdenum Project

UUU · Price

Executive Summary

  • Vanguard Mining Corp. will re‑assay selected drill core from its 2025 program using advanced multi‑element analytical methods to better quantify gold, copper, silver, rare earths and other metals.
  • The company announced a Phase 2 drill program for 2026 that may include up to seven diamond holes (~2,800 m) plus IP surveying, detailed mapping and prospecting to expand the known copper‑molybdenum system at Redonda.
  • Results from the 2025 drilling (e.g., Hole 25‑01 with continuous mineralization over 510 m) confirm a vertically and laterally extensive Cu‑Mo zone that remains open at depth, supporting continued exploration.

Key Details

  • Re‑assaying Plan: Multi‑element analysis using four‑acid digestion with ICP‑MS and ICP‑AES to evaluate Au, Cu, Ag, REE and other elements in previously drilled core.
  • Phase 2 Drill Program (2026):
  • Fully permitted; up to 7 diamond holes, total ~2,800 m targeting the southeast portion of Redonda beyond historic TECK holes.
  • Reconnaissance‑scale Induced Polarization (IP) survey to vector higher‑grade Cu‑Mo zones.
  • Detailed geological mapping and prospecting in the megabreccia zone to identify new drill targets.
  • Logistics: expanded exploration camp or use of existing floating logging camp; continued collaboration with Klahoose First Nation for labour, training and service provider opportunities.
  • 2025 Drill Results (Table 1 Highlights):
  • Hole 25‑01: 0–510.74 m interval – Cu 0.1801 % , Mo 86 ppm; continuous mineralization over 27.07 m (3.05–29.12 m) with Cu 0.3252 % , Mo 78 ppm; deeper interval 37.65–387.70 m – Cu 0.2440 % , Mo 112 ppm.
  • Hole 25‑02: 3.05–132.00 m – Cu 0.1344 % , Mo 128 ppm.
  • Analytical QA/QC: Samples processed by ALS Canada Ltd.; certified reference materials, blanks and duplicates inserted; methods accredited to ISO/IEC 17025.
  • Geological Context: Redonda comprises nine claims (2,746.46 ha) within the Coast Suture Zone; mineralization associated with a hornblende‑rich dike and brecciated zones, comparable to other BC porphyry Cu‑Mo systems (OKover, Gambier).
  • Permitting & Stakeholder Engagement: Valid drill permit in place; Letter of Support from Klahoose First Nation; Free Use Permit, Drill Permit and IP Exemption from the Ministry of Energy, Mines and Low Carbon Innovation. Ongoing consultation with Homalko First Nation completed.
  • Forward‑Looking Statements: Plans subject to financing, commodity price fluctuations, permitting, regulatory and operational risks.

Notable Quotes

“With sustained strength in silver, gold and copper prices, the underlying value of mineralized rock is increasing…re‑assaying material using modern techniques…helps better define and unlock the project’s mineral potential as exploration continues in 2026.” – David Greenway, CEO

Read the original news release →

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