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New Technical Report Defines Large Copper System With Expansion Potential

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Vanguard Mining Corp. (UUU:CSE; UUUFF:OTC; SL51:FWB) filed its first NI 43-101 report for the Redonda project, outlining a large copper-molybdenum system with mineralization open in multiple directions.

Vanguard Mining Corp. (UUU:CSE; UUUFF:OTC; SL51:FWB) reported that it has completed and filed its first National Instrument 43-101 technical report for its 100%-owned Redonda copper-molybdenum project located in the Vancouver mining division near Campbell River, British Columbia. The company stated that the report was prepared in accordance with Canadian Securities Administrators' NI 43-101 standards and incorporates results from its 2025-2026 drill campaign, updated geophysical data, and historical drilling completed by Teck Resources Ltd. in 1979.

According to the company, the report outlines a mineralized footprint exceeding approximately 600 meters in strike, 500 meters in width, and 300 meters vertically. The report also includes multiple drill holes intersecting long intervals of copper-molybdenum mineralization, including zones exceeding 100 meters in length, as well as several drill holes encountering mineralization beginning near surface. Vanguard stated that recent drilling supports a multiphase intrusive and breccia-hosted porphyry system with a mineralized core, with mineralization remaining open at depth and along strike.

"This report represents a major milestone for Vanguard," said David Greenway, chief executive officer, in the news release. "We now have independent confirmation of a large-scale copper-molybdenum system at Redonda, supported by both historical and modern drilling."

The Redonda project comprises nine mineral claims totaling 2,746.46 hectares on West Redonda Island, approximately 40 kilometers northeast of Campbell River, and is accessible year-round by barge. The company stated that the project is situated within the Coast suture zone between the Wrangellia terrane and the Coast plutonic complex, with mineralization associated with a hornblende porphyry dike and breccia zones.

Separately, Vanguard reported that it generated gross proceeds of $2,540,366 from the exercise of 16,875,116 common share purchase warrants following a warrant expiry acceleration. The exercised warrants included 9,768,000 warrants at an exercise price of $0.10 per share and 7,107,116 warrants at an exercise price of $0.22 per share. The company stated that the accelerated warrants were originally issued in connection with financings completed on February 6, 2025, August 1, 2025, and August 27, 2025, and that the expiry date was accelerated to March 5, 2026. Following the exercise period, 650,000 warrants at $0.10 and 817,466 warrants at $0.22 expired unexercised, with 351,238 warrants remaining outstanding at $0.22 per share expiring February 2027.

Copper Sector Reflects Stable Pricing, Cost Pressures, and Emerging Supply Constraints

According to a March 25 update on the copper market, the International Copper Study Group revised its outlook and "has abandoned its previous surplus projections, now officially forecasting a 150,000 metric ton copper deficit for 2026." The same report noted that J.P. Morgan projected "an even steeper 330,000 metric ton shortfall," with demand driven by hyperscale data centers and ongoing supply challenges. The report also stated that "global production is struggling to keep pace, weighed down by prolonged mine closures and downgraded output guidance from major operations in Chile," highlighting constraints on supply.

Bloomberg News reported on March 27 that cost pressures were emerging across the copper industry due to geopolitical developments. The report stated that disruptions related to the Middle East conflict were expected to increase production costs by about 5%, with higher diesel prices and more expensive supplies contributing to the increase. Chief financial officer Alejandro Sanhueza said, "We haven’t yet been directly affected by the Middle East situation, but we are exposed to international prices." The same report noted that copper prices had "fallen almost 9% since the war began," reflecting market sensitivity to geopolitical risks, while also stating that "the underlying supply–demand balance remains supportive."

A March 28 report from Couloir Capital described short-term pricing stability within the base metals complex, noting that "copper remained broadly stable during the week, edging up 0.2%, indicating resilience despite ongoing concerns around global growth and tighter financial conditions." The report also stated that the broader base metals group remained mixed, suggesting limited conviction among investors, even as supply factors such as zinc tightness and fluctuating demand conditions influenced market performance.

Technical Analyst Cites Uranium Expansion and Chart Breakout in Updated Coverage

1In a February 25 technical analyst opinion, John Newell of John Newell & Associates stated that he believed Vanguard Mining Corp. was a "Speculative Buy." He wrote, "When a junior begins to align operational progress with technical momentum, it deserves a fresh look. That appears to be unfolding now."

Newell stated that "Since our last report, the company has strengthened its South American uranium position and secured environmental permits on its Paraguayan projects, marking tangible progress beyond early-stage concept." He added, "Recent news confirms that Vanguard has expanded its uranium footprint in South America while also receiving environmental permits for its Paraguayan projects. This is important."

In his technical analysis, Newell wrote that "The updated chart confirms that Vanguard Mining Corp. has completed a significant technical transition." He stated that "Both the CA$0.32 first target and the CA$0.50 second target have now been met." He added that "The breakout through former resistance occurred on expanding volume, a critical confirmation signal that accumulation was underway rather than a short-lived spike."

He further wrote that "Momentum indicators remain constructive, and volume expansion during the breakout phase was decisive." Newell outlined additional price targets, stating, "Interim Target: ~CA$0.60 cents," "Third Target: CA$0.90 in play," and "Big Picture Target: CA$1.50." He concluded that "the combination of strategic uranium exposure, copper leverage, and a confirmed technical breakout supports maintaining a Speculative Buy rating at current levels of ~ CA$0.17 cents."

Exploration Program and Warrant Activity Timeline

The NI 43-101 technical report recommends a two-phase exploration program at the Redonda project. Phase 1 includes an induced polarization geophysical survey, detailed mapping, and geochemical sampling to refine drill targets. Phase 2 outlines approximately 2,800 meters of diamond drilling across seven holes to test priority targets and expand mineralization.

streetwise book logoStreetwise Ownership Overview*

Vanguard Mining Corp. (UUU:CSE; UUUFF:OTC; SL51:FWB)

*Share Structure as of 2/18/2026

The company also detailed the timeline of its warrant acceleration process. Vanguard exercised its right to accelerate the expiry of certain outstanding warrants previously issued in connection with financings completed in February and August 2025. Notice was provided to warrant holders that the expiry date would be accelerated to March 5, 2026, at 5:00 p.m. PDT. The company reported that the exercise of these warrants resulted in the issuance of 16,875,116 shares and total gross proceeds of $2,540,366, with a portion of warrants expiring unexercised and a remaining balance of warrants outstanding with a February 2027 expiry.

Ownership and Share Structure2

3.95% of Vanguard Mining is owned by management and insiders.

The rest is retail.

Vanguard Mining Corp. has 91,822,737 shares outstanding and an estimated market capitalization of approximately US$11.477 million, based on recent trading prices. Shares trade in a 52-week range between US$0.0689 and US$0.49.


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Important Disclosures:

  1. Vanguard Mining is a billboard sponsor of Streetwise Reports and pays SWR a monthly sponsorship fee between US$3,000 and US$6,000. In addition, Vanguard Mining has a consulting relationship with Street Smart an affiliate of Streetwise Reports. Street Smart Clients pay a monthly consulting fee between US$8,000 and US$20,000.
  2. As of the date of this article, officers, contractors, shareholders, and/or employees of Streetwise Reports LLC (including members of their household) own securities of Vanguard Mining.
  3. James Guttman wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee. 
  4.  This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. 

For additional disclosures, please click here.

1. Disclosure for the quote from the John Newell article published on February 25, 2026

  1. For the quoted article (published on February 25, 2026), Vanguard Mining has paid Street Smart, an affiliate of Streetwise Reports, US$3,050.
  2. Author Certification and Compensation: [John Newell of John Newell and Associates] was retained and compensated as an independent contractor by Street Smart for writing this article. Mr. Newell holds a Chartered Investment Management (CIM) designation (2015) and a  U.S. Portfolio Manager designation (2015). The recommendations and opinions expressed in this content reflect the personal, independent, and objective views of the author regarding any and all of the companies discussed. No part of the compensation received by the author was, is, or will be directly or indirectly tied to the specific recommendations or views expressed.

John Newell Disclaimer

As always it is important to note that investing in precious metals like silver carries risks, and market conditions can change violently with shock and awe tactics, that we have seen over the past 20 years. Before making any investment decisions, it's advisable consult with a financial advisor if needed. Also the practice of conducting thorough research and to consider your investment goals and risk tolerance.

2. Ownership and Share Structure Information

The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.





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