The number everyone sees is 379 ppm copper.
The more important story is the target stack forming underneath it.
NovаRed Mining (CSE: NRED / OTCQB: NREDF) recently completed a 43-sample soil program at the North Lamont target within its Wilmac Copper-Gold Project in British Columbia. Samples were collected at shallow depths of roughly 6 to 12 inches, spaced about 115 to 130 feet apart, and analyzed using four-acid near-total digestion with 34-element ICP-AES.
That matters because this is not just one isolated copper hit.
The western cluster averaged roughly 209 ppm copper, while the broader target also overlaps:
- Magnetic anomalies
- Elevated Sr/Y signatures
- Elevated V/Sc ratios
- Porphyry-style geological indicators
This is exactly how large copper systems are often vectorized in early exploration. Multiple datasets begin pointing toward the same area instead of relying on one high-grade sample.
North Lamont is currently ranked as a moderate-priority drill target, with potential to move toward high-priority status after upcoming IP/AMT geophysics.
And the scale behind it is significant:
- Wilmac now spans 39,700+ acres
- Roughly 250 square miles
- About 30,000 football fields
- Roughly 2.7x Manhattan
Location also matters. Wilmac sits in BC’s Quesnel porphyry belt, roughly 6 miles west of Hudbay’s producing Copper Mountain Mine.
On top of the geology, NovаRed recently added Gregory Fedun to its advisory board. He brings 30+ years of experience across project development, capital markets, and strategic initiatives globally, including involvement in a $70M Anadarko-related business combination.
Then there’s MetalCore, NovaRed’s public-facing AI mineral prospectivity platform. This is exactly the type of multi-source dataset where AI-assisted ranking becomes useful:
- Soil geochemistry
- Magnetics
- Geophysics
- Nearby deposits
- Structural trends
- Historical exploration databases
NRED is already up about 3,000% over the past year, so clearly the market has started paying attention.
But North Lamont is interesting because it’s not being advanced off one flashy number.
It’s being advanced because multiple signals are starting to point at the same place.
North Lamont Is Starting To Look Like A Real Target Stack For NovaRed Mining
byu/JellyTundraX ininvesting
Posted by JellyTundraX
1 Comment
this is honestly the kind of post more mining investors need instead of just screaming “379 ppm!!!” without context