Vanguard Mining Corp. (UUU:CSE; UUFF:OTC; SL51:FWB) has announced updates to its 2025 field and drilling program at the 100%-owned Brussels Creek Project, an early-stage gold-copper-palladium exploration property located near Kamloops, British Columbia. The project sits adjacent to New Gold Inc.'s (NGD:TSX; NGD:NYSE.MKT) New Afton Mine, a significant producer in the region with an estimated 2024 gross metal value of approximately US$349.5 million, based on gold and copper production reported in New Gold's annual results.
Vanguard's upcoming program builds on a 2023 drilling campaign that returned near-surface mineralization, including an intercept of 5.08 grams per tonne (g/t) gold over 3.5 meters from a depth of 25.75 to 29.25 meters. This finding aligns with historic sampling from 2019, which yielded surface values of up to 11.52 g/t gold. Historical mapping and sampling conducted on the property in the 1980s also revealed a 200-meter by 400-meter anomalous gold zone and grab samples up to 11.5 g/t gold and 0.7 g/t palladium.
Located within British Columbia's Quesnel Terrane, known for its porphyry-style copper-gold systems, Brussels Creek shares geological similarities with nearby producing deposits, including New Afton, Highland Valley, Mount Polly, and Kemess. The property consists of 17 claims totaling 1,350.43 hectares and features quartz-feldspar porphyry intrusions within Nicola group volcanics.
As addressed in the news release, the revised 2025 work plan includes gridded prospecting, surface sampling, trenching, permitting, and follow-up drilling. A budget of CA$352,000 has been allocated, covering costs associated with drilling three targets (CA$210,000), consultation with First Nations, and an Archaeological Impact Assessment required before drilling at additional priority locations identified in the company's National Instrument 43-101 report.
This program follows Vanguard's oversubscribed August 2025 financing, which raised gross proceeds of CA$2.32 million. According to company materials, proceeds are earmarked for uranium exploration in Paraguay and gold-copper exploration at Brussels Creek.
Investor Attention Returns to Gold and Copper Amid Diverging Drivers
Gold and copper drew renewed investor interest in October 2025, driven by distinct macroeconomic forces. Gold rallied on safe-haven demand, while copper prices reflected growing concerns over long-term supply constraints.
According to Stockhead, the XGD index on the ASX rose 1% on October 6 as gold reached an intraday high of US$3,922 per ounce. The move followed rising investor anxiety over a potential U.S. government shutdown and weakening economic indicators. The next day, Metals Daily reported that spot gold surpassed US$4,000 during early Asian trading, continuing its sharp climb from US$3,000 just seven months earlier. Analysts described the surge as a structural shift prompted by increasing sovereign debt levels and eroding confidence in fiat currencies.
Gold has also benefited from persistent inflation and a weaker U.S. dollar, which has declined 9% year-to-date. Yahoo Finance pointed to additional policy support from Japan's new administration under Prime Minister Sanae Takaichi, whose government is expected to adopt stimulus-friendly economic measures. Nomura Securities noted that this macroeconomic backdrop has lifted gold, silver, and Bitcoin alike. Goldman Sachs raised its 2026 gold price forecast from US$4,300 to US$4,900, citing ongoing central bank buying and consistent inflows into exchange-traded funds.
Copper's gains, by contrast, are largely tied to supply limitations. As reported by Investing.com on October 6, 2025, Anglo American and Teck Resources announced plans to merge in a US$54 billion transaction as a response to tightening global inventories. The International Energy Agency has projected that global copper output could fall below 20 million metric tons by 2035, while demand may rise toward 33 million tons, driven by electrification and infrastructure investment.
Reuters reported that disruptions at major mines in Indonesia, Panama, and the Democratic Republic of Congo have worsened near-term availability. Citigroup expects global production growth of just 1.3% in 2026, well below historical trends. While copper prices have risen to approximately US$10,500 per ton, capital costs for new development have outpaced those gains. The IEA estimates that capital expenditures in Latin America have increased 65% since 2020, with new capacity costing between US$23,000 and US$30,000 per ton of annual output.
The Anglo-Teck deal may help offset some of the deficit, with 175,000 tons of new capacity anticipated by 2030 at under US$11,000 per ton. However, large-scale projects remain rare. Only 14 major copper discoveries were made between 2013 and 2023. Bank of America recently raised its copper forecasts to US$11,313 per ton in 2026 and US$13,500 in 2027, citing the growing imbalance between limited supply and increasing global demand.
Technical Setup and Critical Metals Strategy Draw Analyst Attention
*On August 8, John Newell of John Newell & Associates issued a Speculative Buy rating on Vanguard Mining Corp., citing the company's focus on uranium and copper exploration in what he referred to as tier-one jurisdictions. He noted that Vanguard's asset mix aligned with the broader global shift toward energy transition and critical minerals.
Newell highlighted Vanguard's exploration activities in Paraguay's Paraná Basin, adjacent to a known uranium deposit, as well as its copper-gold project at Brussels Creek in British Columbia. He described the company's approach as "disciplined and technically driven," with a focus on uranium assets that could address expected supply pressures in the nuclear fuel cycle.
The report also emphasized the company's leadership, crediting CEO David Greenway and CFO Richard Robins for their operational and financial experience in the resource sector. Newell noted that Vanguard's capital structure was relatively clean, with no outstanding options or restricted share units at the time, and only warrants representing near-term dilution potential.
From a technical analysis perspective, Newell described the company's daily chart as forming a "long, quiet bottoming pattern" through 2024, followed by a series of higher lows in early 2025. He pointed to rising volume and trend development as indicators of accumulation, identifying technical resistance just below CA$0.22 and outlining potential price objectives at CA$0.32, CA$0.50, CA$0.90, and a longer-term target of CA$1.50.
Strategic Positioning at the Edge of a Proven System
Brussels Creek is considered a near-term catalyst in Vanguard Mining's portfolio, with exploration activity scheduled for the fourth quarter of 2025. The project's location immediately adjacent to the New Afton operation may allow Vanguard to leverage existing infrastructure, including roads and power, potentially reducing future exploration costs.
According to the company's investor presentation, upcoming trenching and drilling will target zones of interest identified in prior exploration phases. The program aims to validate historical high-grade samples and further evaluate the quartz-feldspar porphyry system noted on-site.
Streetwise Ownership Overview*
Vanguard Mining Corp. (UUU:CSE; UUFF:OTC; SL51:FWB)
The Brussels Creek update forms part of a broader set of initiatives expected to drive activity across Vanguard's portfolio. In parallel, the company is advancing its uranium exploration projects in Paraguay, which also have planned fall drill programs. With active exploration on two fronts, Vanguard's stated goal is to advance projects with strategic metals essential to energy and technology applications.
Vanguard's share structure, as of early October 2025, includes approximately 54.6 million shares outstanding and a market capitalization of approximately CA$5.9 million, with liquidity and warrants providing funding flexibility for upcoming campaigns.
Ownership and Share Structure
According to LSEG, 3.95% of Vanguard Mining is owned by management and insiders. The rest is retail.
As of October 2025, Vanguard Mining Corp. has 54,556,620 shares outstanding and an estimated market capitalization of approximately US$5.9 million, based on recent trading prices. Shares trade in a 52-week range between US$0.02 and US$0.24.
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Important Disclosures:
- Vanguard Mining Corp. 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 Corp. 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.
- As of the date of this article, officers and/or employees of Streetwise Reports LLC (including members of their household) own securities of Vanguard Mining Corp.
- James Guttman wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee.
- 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.
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* Disclosure for the quote from the John Newell article published on August 8, 2025
- For the quoted article (published on August 8, 2025), the Company has paid Street Smart, an affiliate of Streetwise Reports, US$3,000.
- 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.