Vanguard Mining Updates 2025 Drilling & Fieldwork at Brussels Creek Gold-Copper-Palladium Project, Kamloops, BC
thenewswire.com
Vancouver, BC – October 14, 2025 – TheNewswire - Vanguard Mining Corp. ("Vanguard" or the "Company") (CSE: UUU: | OTCID: UUUFF: | FSE: SL51:) is pleased to provide an update to its previously planned 2025 exploration program at the 100%-owned Brussels Creek Gold-Copper-Palladium Project (“Brussels Creek”), located near Kamloops, British Columbia.
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Figure 1: Brussels Creek location and proximity to New Afton Mine
The 2025 program was previously announced on June 10, 2025 is designed to follow up on a near-surface gold discovery announced in 2023, where drilling intersected 5.08 grams per tonne (g/t) gold over 3.5 metres, from 25.75 to 29.25 metres depth. This intercept complements historical surface sampling completed in 2019 by previous operator LeMare Gold Corp., which returned values of up to 11.52 g/t gold, underscoring the high-grade potential of the Brussels Creek project at shallow depths.
Figure 2: 2019 sampling and 2023 drill hole locations.
Brussels Creek is strategically located adjacent to New Gold Inc.’s New Afton Mine, a significant copper-gold producer with a market cap of approximately $7.99 Billion. The New Afton Mine occupies the site of the historic Afton open-pit operation (1977–1997) and began modern underground block cave production in July 2012.
The proximity of Brussels Creek to this established, high-value mining operation enhances Vanguard’s exploration upside and underscores the strategic significance of its land position within British Columbia’s prolific Quesnel Terrane, a belt known for large porphyry copper-gold systems.
According to New Gold’s 2024 annual results, the New Afton Mine produced 72,609 ounces of gold and 54 million pounds of copper, contributing to an estimated gross metal value of approximately USD $349.5 million based on average 2024 commodity prices (Gold: ~$1,950/oz, Copper: ~$3.85/lb). 1
Metal
| 2024 Production
| Average Price (USD)
| Estimated Gross Metal Value (USD)
| Gold
| 72,609 oz
| $1,950/oz
| $141,587,550
| Copper
| 54,000,000 lbs
| $3.85/lb
| $207,900,000
| Total Estimated Value
| —
| —
| $349,487,550
|
Table 1: New Afton Mine 2024 Production and Estimated Gross Metal Value
The proposed follow up exploration program consists of the following:
Vanguard plans to advance its follow-up exploration program at Brussels Creek in 2025, building on the 2023 drill campaign and the results announced on June 6, 2023. The revised initial exploration program will consist of gridded prospecting and surface sampling to be followed by trenching, permitting and once permitted, follow up drilling. Importantly, Vanguard is also allocating resources to continued First Nations consultation and an Archaeological Impact Assessment (“AIA”), required before accessing additional priority sites identified in the NI 43-101 report prepared for Vanguard (formerly Le Mare Gold Corp.) dated February 19, 2021 and revised April 12, 2021 by Chris M. Healey, P.Geo., Principal Geologist, Healex Consulting Ltd. (EGBC #36477).
Recommended Work Program and Budget:
Activity
| Budget (CAD)
| Follow-up Drilling on 3 Drill Targets
| $210,000
| Gridded Prospecting
| $20,000
| Geophysical Interpretation
| $5,000
| Permitting
| $5,000
| First Nations Consultation and AIA
| $55,000
| Supervision and Report Writing
| $25,000
| Subtotal
| $320,000
| Contingency (10%)
| $32,000
| Total Budget
| $352,000
|
Table 2: Proposed Exploration Budget
About Brussels Creek, Kamloops, BC
The BC property is an early-stage exploration property, located approximately 24 kilometres west of Kamloops, and is immediately adjacent to New Gold’s New Afton mine. The property has 17 claims (66 cells) covering 1,350.43 hectares. The geological setting of the property is very similar to New Afton, a silica-saturated copper-gold alkalic porphyry-style deposit, as well as the Highland Valley, Mount Polly, Kemess and Galore Creek deposits. Recent field observations noted the presence of a substantial mineralized quartz-feldspar porphyry body intruding the overlying Nicola group volcanics. Historic sampling and mapping on the property, in 1983 and 1984, located a broad anomalous zone (200 metres by 400 metres) with gold values up to 3.5 grams per tonne. Grab samples taken from the property in 2019 include values of 10.1 g/t Au (with 0.7 g/t palladium) and 11.5 g/t Au.
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Figure 3: Brussels Creek: Reduced-to-Pole Magnetic Intensity with multiscale edge detection.
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Figure 4: Brussels Creek Claim Map.
Brussels Creek Web Page: Brussels Creek - Vanguard Mining Corp
Vanguard’s management cautions that past results or discoveries on properties in proximity to Vanguard may not necessarily be indicative of the presence of mineralization on the Company’s properties.
About Vanguard Mining Corp.
Vanguard Mining Corp. is a Canadian mineral exploration company focused on the discovery and development of high-value strategic minerals. The Company is currently advancing exploration projects in Argentina, Canada and Paraguay, with a focus on identifying and developing assets critical to the global energy transition. Vanguard is committed to responsible exploration and value creation through the acquisition and advancement of highly prospective uranium properties.
All Stakeholders are encouraged to follow the Company on its social media profiles on LinkedIn, X.com, Facebook and Instagram and sign up for updates at Vanguardminingcorp.com
Qualified Person
The scientific and technical information contained in this news release has been reviewed and approved by Lawrence Segerstrom, a consulting geologist who is a “Qualified Person” as such term is defined under National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43- 101”).
The disclosure regarding production results from New Gold Inc.’s New Afton Mine is based on information contained in New Gold’s publicly filed 2024 annual results. This information is provided strictly for contextual purposes to highlight the proximity of the Company’s Brussels Creek Project to an established mining operation. The Qualified Person confirms that this disclosure does not constitute restricted disclosure under Section 2.3(1)(a) of NI 43-101, as it refers to actual reported production from a third-party mine and not to the Company’s property or mineralization.
The references to historical sampling results (1983–84) and grab samples collected in 2019 are exploration results, not “historical estimates” as defined in Section 2.4 of NI 43-101. Accordingly, the historical estimate disclosure requirements of NI 43-101 do not apply. The Company cautions that grab samples are selective by nature and may not be representative of overall mineralization on the property.
Vanguard cautions that past results or production from properties in proximity to Vanguard may not necessarily be indicative of mineralization on the Company’s properties.
On Behalf of the Board of Directors
“David Greenway”
David Greenway, CEO
For further information, please contact:
Vanguard Mining Corp.
Brent Rusin
Phone: +1 672-533-0348
E-Mail: brent@vanguardminingcorp.com
Website: vanguardminingcorp.com
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.
Disclaimer for Forward-Looking Information
Certain statements in this release are forward-looking statements, which reflect the expectations of management regarding Vanguard’s intention to continue to identify potential transactions and make certain corporate changes and applications. Forward looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations, or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance, or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits Vanguard will obtain from them. These forward-looking statements reflect managements’ current views and are based on certain expectations, estimates and assumptions which may prove to be incorrect. A number of risks and uncertainties could cause actual results to differ materially from those expressed or implied by the forward-looking statements, including Vanguard’s results of exploration or review of properties that Vanguard does acquire. These forward-looking statements are made as of the date of this news release and Vanguard assumes no obligation to update these forward-looking statements, or to update the reasons why actual results differed from those projected in the forward-looking statements, except in accordance with applicable securities laws.
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1 Source: New Gold Inc. 2024 Annual Report & MD&A – www.newgold.com |
