Vanguard Mining Corp. has announced promising results from a comprehensive airborne geophysical survey at its Redonda Copper-Molybdenum Project, signaling potential for significant mineral discovery in British Columbia's Vancouver Mining Division.
The survey, conducted by Precision GeoSurveys, covered the 2,746.46-hectare project using an Airbus AS350 helicopter equipped with advanced data collection systems. The geophysical data revealed multiple high-priority targets for future drilling, with approximately 90% of the property remaining unexplored.
Key findings include magnetic and radiometric data highlighting potential mineralization zones, particularly in areas with potassic alteration and distinctive geological formations. The survey identified a northeast-southwest fault zone and several magnetic low areas that could indicate promising geological units.
With current copper prices nearing $5.00 per pound and gold surpassing $3,000 per ounce, the Redonda project represents a strategically important domestic copper exploration opportunity. The company has secured drill permits for up to 10 drill sites along 5.3 kilometers of road within the high-priority zones identified by the survey.
Previous drilling at the site returned encouraging results, including 142.6 meters of 0.279% copper and 0.0281% molybdenum, with surface values ranging from 3.1 to 48 meters of 0.529% copper equivalent. Metallurgical test work has already demonstrated promising copper and molybdenum recovery rates between 92% and 96%.
Vanguard plans to showcase the Redonda project in a potential upcoming corporate spin-out, tentatively named Blackstone Copper Corp, underscoring the project's potential significance in the strategic minerals exploration landscape.
