Vanguard Mining Identifies High-Priority Copper-Molybdenum Targets at Redonda Project Through Comprehensive Airborne Survey
TL;DR
Vanguard Mining Corp. announces exploration update on Redonda Project, presenting opportunity to capitalize on high copper and gold prices.
Precision GeoSurveys conducted Airborne Geophysical program at Redonda Project, revealing potential mineralization through detailed geophysical and radiometric data analysis.
Exploration at Redonda Project aims to secure domestic copper supply, contributing to global resource sustainability and economic stability.
Airborne survey reveals intriguing geological insights at Redonda Project, showcasing untapped potential for valuable mineral deposits and future discoveries.
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The recent comprehensive airborne geophysical survey conducted at Vanguard Mining Corp.'s Redonda Copper-Molybdenum Project has revealed critical geological insights that underscore the project's significant mineral potential. Covering 637 line kilometers across the 2,746.46-hectare property, the survey conducted by Precision GeoSurveys identified magnetic trends and potassium alteration zones that indicate promising mineralization areas, with approximately 90% of the property remaining untested and presenting substantial exploration opportunities.
The geophysical data has identified multiple high-priority targets for future drilling, particularly in areas exhibiting distinct potassic alteration and magnetic signatures. This finding builds upon previous drilling results that returned 142.6 meters of 0.279% copper and 0.0281% molybdenum, demonstrating the project's existing mineral potential. The company has already secured drill permits for up to 10 drill sites along 5.3 kilometers of road within the high-priority zone defined by the airborne results, positioning the project for accelerated exploration activities.
The survey utilized advanced technology, including an Airbus AS350 helicopter equipped with sophisticated data acquisition systems and magnetic gradient measurement tools, providing comprehensive data collection including magnetic intensity, radiometric measurements, and geological mapping. The identification of potential mineralization zones, particularly around quartz diorite porphyry units and areas of potassic alteration, suggests significant potential for further discovery. The project's geological setting shares similarities with other significant copper-molybdenum deposits in the region, such as the OKover and Gambier Copper deposits, further validating its exploration potential.
Preliminary metallurgical test work has shown promising copper recoveries ranging from 94.7% to 96.9% and molybdenum recoveries between 92.2% and 95.6%, indicating favorable processing characteristics. With copper currently trading near $5.00 per pound and gold surpassing $3,000 per ounce, the Redonda project represents a potentially strategic domestic mineral resource. Vanguard's plan to spin out the project into a new entity, tentatively named Blackstone Copper Corp., highlights the perceived value and potential of the asset. The comprehensive survey data provides a robust foundation for future exploration efforts, positioning the project as a significant contributor to domestic mineral supply in a strong commodity price environment.
Curated from NewMediaWire

