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by Will Purcell
The critical and specialty minerals stocks box score on Monday was an upbeat 106-68-136 as the TSX Venture Exchange jumped 25 points to 880. David Greenway's Vanguard Mining Corp. (UUU) fell three cents to 14 cents on 251,000 shares. The company cheers that its drilling has passed the 500-metre mark at the Redonda copper and molybdenum project, on east-central Vancouver Island.
Vanguard's drilling is testing targets picked from geophysics, aided by prior drilling and sampling assays. That recent drilling, the company reminds you, returned intervals up to 142.6 metres long that graded 0.28 per cent copper and 0.028 per cent molybdenum, while surface sampling in the area produced intervals ranging from just over three metres to 48 metres in length returning up to 0.53 per cent copper equivalent.
Mr. Greenway, chief executive officer, applauded the start of the company's 2025 drilling as "the next leg of growth for Vanguard." The company has "clear vectors to chase at depth," he enthuses -- the geological prey appearing thanks to the recent geophysics and prior assays -- and the pursuit will test the highest-priority targets with a deep-drilling program. "Our goal this season is simple," Mr. Greenway concludes, as he looks to build on the 2023 discovery and start defining the true scale of the Redonda system.
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