NovaRed Mining Discovers Major Magnetic Anomaly Enhancing Wilmac Copper-Gold Project Potential

Geological Findings at the Wilmac Project

NovaRed Mining has announced a major geological interpretation concerning the Wilmac Copper-Gold Project in British Columbia. The company identifies the high-intensity magnetic anomaly as part of a larger composite batholith, based on detailed airborne and ground magnetic surveys combined with prior geophysical exploration data.

This magnetic anomaly likely represents the western portion of a batholith that includes the intrusive complex found in the nearby Copper Mountain Camp. CEO Brian Goss emphasized the anomaly's significance, suggesting it may indicate an extensive magmatic system with independent potential for porphyry copper-gold mineralization.

Details on the Magnetic Anomaly

The Wilmac Project’s magnetic anomaly is connected to a broader geological structure, positioned on the downthrown block of the Boundary Fault. This fault has displaced the batholith’s western segment downward relative to the eastern block where the Copper Mountain Mine operates.

This geological context implies that Wilmac could contain mineralization akin to Copper Mountain’s active copper and gold mining operations. The presence of the Boundary Fault and the additional Whipsaw Fault indicates a complex geological framework with multiple segments, each potentially hosting unique mineralization.

Geophysical Evidence and Its Significance

NovaRed’s interpretation is reinforced by geophysical data, including Volterra 3DIP/AMT surveys from a previous operator. This information has enabled the company to build a cohesive geological model of the magnetic anomaly and its mineralization potential.

Surface geological mapping has identified a multi-phase intrusive complex featuring rock types such as monzonite and diorite. The presence of these rocks alongside the magnetic anomaly supports the theory that Wilmac may be underlain by a significant copper-gold system.

Regional Setting of the Wilmac Project

Covering 16,078 hectares within the Quesnel porphyry belt, the Wilmac Copper-Gold Project is strategically located southwest of Princeton, British Columbia, adjacent to the producing Copper Mountain Mine.

The geological environment west of the Boundary Fault is interpreted as analogous to the Copper Mountain Intrusive Complex but at a shallower erosion level. This suggests Wilmac might preserve deeper, potentially mineralized portions of the hydrothermal system eroded in the Copper Mountain block.

Exploration Outlook and Upcoming Plans

Building on these geological insights, NovaRed Mining is advancing its 2026 exploration program, which includes four IP/AMT geophysical surveys across multiple grids, an expanded soil sampling campaign, and an initial drilling program pending permit approvals.

The 2026 efforts aim to systematically evaluate the geophysical and geochemical signatures of the Lamont block to define drill targets testing the interpreted buried intrusive complex, potentially leading to significant copper-gold discoveries.

Importance of the Copper Mountain Camp

The Copper Mountain Camp, located east of the Boundary Fault, serves as a vital benchmark for NovaRed’s exploration. This active mine boasts substantial Proven and Probable Mineral Reserves, underscoring the area’s mineralization potential.

NovaRed’s geological interpretation at Wilmac suggests multiple copper-gold targets with independent exploration potential, likely attracting investor interest as the company progresses its exploration initiatives.

Infrastructure and Project Accessibility

The Wilmac Copper-Gold Project benefits from its position within a well-established mining district, accessible via Highway 3. This infrastructure supports efficient exploration and enhances project feasibility.

Existing regional infrastructure and services facilitate NovaRed’s operations, reinforcing the project’s strategic location within the Similkameen Mining Division and its future development prospects.

Qualified Person and Technical Validation

The technical and scientific information provided by NovaRed Mining has been reviewed and approved by Rick Walker, P.Geo., a Qualified Person under National Instrument 43-101. This review ensures credibility in the company’s geological interpretations and exploration plans.

Investor confidence is supported by the involvement of a Qualified Person, demonstrating adherence to industry standards in exploration and reporting, essential for transparency and stakeholder trust.

Forward-Looking Statements and Investor Advisory

NovaRed Mining’s announcement contains forward-looking statements concerning exploration plans and geological interpretations. While optimistic about Wilmac’s potential, the company acknowledges risks and uncertainties that could impact actual results.

Investors are advised to exercise caution with forward-looking statements, as various factors may lead to outcomes differing from expectations. The company stresses ongoing evaluation and adaptability in response to evolving exploration conditions.