Viridian Metals Confirms Extensive Near-Surface Mineralization at Kraken Main Zone in Labrador
Viridian Metals Confirms Large-Scale Mineralization at Kraken

Viridian Metals Reports Significant Mineralization Expansion at Kraken Project in Labrador

VANCOUVER, British Columbia – Viridian Metals Inc. (CSE: VRDN) has announced the final assay results from its 2025 drilling program at the Kraken Main Zone, located in Labrador, Canada. The company reports that the remaining 17 drill holes have confirmed consistent, near-surface sulphide mineralization across an expanding area, reinforcing the project's potential as a large-scale mineralized system.

Expanding Mineralization Footprint

The latest drilling results have extended confirmed mineralization by an additional 360 metres along strike length, with near-continuous sulphide mineralization now defined over approximately 600 metres by 200 metres. This represents less than 10% of the interpreted 5-kilometre Main Zone, indicating substantial untested potential. Notably, mineralization has been intersected along a greater than 5-kilometre electromagnetic conductor, supporting the interpretation of a substantial intrusive-hosted sulphide system.

Tyrell Sutherland, CEO of Viridian Metals, emphasized the significance of these findings: "The final assays from our 2025 drilling program reinforce our interpretation of the Kraken Main Zone as a large, laterally extensive zone of near-surface sulphide mineralization. Drilling continues to demonstrate consistent, near-surface sulphide mineralization across a growing footprint, including mineralization extending beyond the primary target horizon."

Key Technical Details and Results

Most drill holes in this final phase did not reach the primary target horizon but intersected tens of metres of sulphide mineralization above it, further supporting the presence of a robust mineralized system. The company has provided detailed assay results from the drilling program, including notable intercepts such as:

  • VKS25-024: 24.05 metres at 0.77% copper equivalent
  • VKS25-026: 20.25 metres at 0.64% copper equivalent
  • VKS25-027: 5.05 metres at 0.98% copper equivalent
  • VKS25-030: 22.40 metres at 0.41% copper equivalent

Several holes were abandoned in overburden or showed no significant intercepts, which is common in exploration drilling programs. The complete results for Viridian's 2025 drilling are available through the company's SEDAR+ profile and website.

Strategic Implications and Future Potential

Sutherland highlighted the discovery potential moving forward: "With only a small portion of the Main Zone tested, the results highlight the significant discovery potential as we continue to define mineralization along this 5-kilometre long zone." The consistent mineralization patterns and the extensive nature of the electromagnetic conductor suggest that the Kraken Main Zone represents a substantial mineralized system that warrants further exploration and development.

The company's findings come at a time when Canadian mining exploration is increasingly focused on discovering near-surface deposits that can be developed with lower environmental impact and reduced operational costs. The Labrador region has historically been productive for mineral exploration, and Viridian's results add to the growing body of evidence supporting the area's mineral potential.

As Viridian Metals continues to define the mineralization at Kraken, investors and industry observers will be watching closely to see how this project develops and what additional discoveries might emerge from ongoing exploration efforts along the extensive 5-kilometre zone.