NovaRed Mining Identifies Large High-Intensity Magnetic Target Associated with Regional Copper-Gold Intrusive System
Newsfile Corp
Published: Jul 25, 2026, 03:11 AM GMT+9
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NovaRed Mining Inc. (CSE: NRED) (OTCQB: NREDF) is pleased to report a geological interpretation of a large, regional, high-intensity magnetic anomaly underlying the Wilmac Copper-Gold Project (the "Project"). This anomaly is interpreted to represent the western (i.e. South Princeton) portion of a large, composite batholith that includes the intrusive complex documented at the Copper Mountain Camp. This proposed composite batholith is interpreted to have been structurally segmented and vertically displaced across two regional-scale fault systems: the Boundary Fault and the Whipsaw Fault.
"The magnetic anomaly underlying the Wilmac Project is not a stand-alone feature," said Brian Goss, Chief Executive Officer of NovaRed Mining Inc. "It is interpreted to be the western segment of a much larger batholith that has been pulled apart and vertically displaced by two regional faults. The Copper Mountain Camp, actively producing copper and gold today, sits on the upthrown eastern block east of the Boundary Fault. The Wilmac anomaly sits on the downthrown western block — deeper, largely unexposed, and largely undrilled. The Whipsaw Fault represents an additional structural discontinuity that further segments the system to the west. What this means for exploration is significant: we may be looking at a single, laterally extensive magmatic system expressed in multiple fault blocks, each with independent potential to host porphyry copper-gold mineralization."
High-resolution airborne and ground magnetic surveys, together with the Volterra 3DIP/AMT geophysical dataset acquired from the previous optionee, have enabled the development of a coherent regional geological interpretation of the large, high-intensity magnetic anomaly underlying the Project. The Copper Mountain Mine and its associated intrusive complex are spatially associated with a large, broad, high-intensity magnetic anomaly east of the Boundary Fault. Geological mapping in the Copper Mountain camp documents a multi-phase intrusive complex at surface, comprising monzonite, syenite, diorite, gabbro and pyroxenite phases that collectively constitute a composite batholith. This batholith is the interpreted source of the intense magnetic anomaly in the Copper Mountain area and is the causative intrusive complex driving porphyry copper-gold mineralization currently being mined.
A comparably large, high-intensity magnetic anomaly underlies the Wilmac Project to the west, separated from the Copper Mountain anomaly by the regionally significant Boundary Fault. The Boundary Fault is a west-side-down structure, interpreted to have displaced the western block downward relative to the Copper Mountain block. The magnetic anomaly west of the Boundary Fault, underlying the Trojan-Condor Corridor of the Wilmac Project, is interpreted to represent a segment of the same batholith — now buried to greater depth on the downthrown western side of the Boundary Fault — with comparatively small intrusive exposures documented at surface across the Project (including pyroxenite, hornblendite, gabbro and diorite) interpreted to represent only the uppermost apophyses and cupolas of the underlying intrusive complex.
The Whipsaw Fault is interpreted to represent an additional, sub-parallel structural discontinuity that further segments the batholith comprising the primary South Princeton anomaly. Gabbro and diorite intrusions mapped along Whipsaw Creek — the "Whipsaw Stocks" — are interpreted as limited surface expressions of the intrusive complex in a fault block west of the Boundary Fault and east of the Whipsaw Fault. Soil geochemistry, IP chargeability, and AMT resistivity data from the Lamont and Trojan-Condor Corridor areas...
Source: Newsfile Corp
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