Viridian Intersects Over 50 Metres of Mineralization from Surface at Kraken Main
Viridian Metals reported 50.15 metres of mineralization grading 0.68% CuEq starting at surface at the Kraken Main Zone in Labrador, after extending hole VKS25-024 to 51.15 metres. The extension more than doubles the previously reported 24.05-metre interval and includes 18.8 metres at 1.12% CuEq; CEO Tyrell Sutherland said mineralization begins at surface and continues beyond 50 metres depth, adding volume potential across the zone.
Key figures
- Program end
- drilling through end of October 2026
- Best intercept
- VKS25-024: 50.15m @ 0.68% CuEq from 1m
- Rigs operating
- 2
- Step out status
- VKS26-059, VKS26-060 and VKS26-062 intersected visually identified semi-massive sulphides at top of bedrock; assays pending
- Step out distances
- ["600m","900m","1.2km"]
- Vks26 054 highlight
- 3.3m @ 1.68% CuEq from 0.7m and 15.2m @ 0.98% CuEq from 11.7m
- Holes completed 2026
- 12
- Cueq price assumptions
- $4.00/lb Cu, $7.50/lb Ni, $15.00/lb Co, 80% recovery for Ni and Co
- Drilling completed 2026
- approximately 350m
- Best high grade interval
- 18.8m @ 1.12% CuEq from 12.2m
- Exploration target status
- initial Kraken Main exploration target being finalized; excludes all 2026 drilling
AI analysis
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