Vanguard Mining Corp., a Canadian mineral exploration company listed on the Canadian National Stock Exchange, has recently made a significant advancement in its strategic operations. On January 2, 2026, the company announced that it has received an assignment of an option to acquire the remaining 50% interest in the Redonda Property. This mineral claim is strategically located northeast of Campbell River, British Columbia.
The assignment was completed in collaboration with Homegold Resources Ltd. and Stamper Oil & Gas Corp. Under the terms of the agreement, Vanguard has the right to exercise this option by making a cash payment to Homegold, with a deadline set for May 21, 2026. This development builds on a previous disclosure made in November 2024, indicating Vanguard’s ongoing interest and strategic planning regarding the Redonda Property.
The transaction is noteworthy as it does not involve the United States and is restricted to Canadian and European markets. This geographical focus aligns with Vanguard’s operational strategy and market presence. By acquiring the remaining interest in the Redonda Property, Vanguard significantly expands its portfolio of mineral claims. This move not only enhances its asset base but also strengthens its position within the British Columbia exploration sector.
As of January 1, 2026, Vanguard Mining Corp. had a close price of 0.175 CAD, with a 52-week high of 0.265 CAD recorded on August 28, 2025, and a 52-week low of 0.09 CAD on January 21, 2025. The company’s market capitalization stands at 12,220,000 CAD, with a price-to-earnings ratio of -1.1, reflecting its current financial standing and market valuation.
This strategic acquisition underscores Vanguard Mining Corp.’s commitment to expanding its exploration activities and solidifying its presence in the Canadian mineral exploration landscape.
