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Viridian Metals Expands Drill Program to 50 Holes at Kraken Copper-Nickel Project
OTTAWA, Ontario, May 19, 2026 (GLOBE NEWSWIRE) -- Viridian Metals (CSE: VRDN) (“Viridian” or the “Company”) will commence a minimum 50-hole drill program in
About this update from Viridian Metals Inc
[{"type":"text","content":" OTTAWA, Ontario, May 19, 2026 (GLOBE NEWSWIRE) -- Viridian Metals (CSE: VRDN) (“Viridian” or the “Company”) will commence a minimum 50-hole drill program in early June at its Kraken Copper-Nickel Project in Labrador, aimed at defining the scope of copper-nickel sulphide mineralization traced over approximately 5 kilometres along the Main Zone. Previous drilling intersected mineralization at roughly 1-kilometre spacing, outlining the scale of the Main Zone discovery. The Company’s 2024 and 2025 drilling campaigns established continuity of mineralization at the sub-kilometre scale within the northern portion of the system through tighter-spaced drilling. The 2026 campaign will connect these broader-scale and tighter-spaced drilling results into a continuously drill-defined mineralized footprint along the Main Zone. The program will include: Approximately 50 diamond drill holes targeting mineralization within 50 metres of surface Extension drilling on previously reported mineralized intercepts, including holes VKS25-024 and VKS24-003 Testing newly modeled conductor plates beyond the reach of earlier drilling Follow-up drilling on conductive targets along the broader Main Zone trend Integration of downhole electromagnetic (“DHEM”) surveying at Kraken for the first time “The 2026 program is designed to connect broad-spaced drilling completed across the 5-kilometre Main Zone with the tighter-spaced drilling completed in the northern portion of the system, advancing Kraken toward a continuous drill-defined footprint,” stated Tyrell Sutherland, President and CEO of Viridian Metals. “Some previous holes ended in mineralization or stopped short of their target depths, providing immediate opportunities to expand mineralized intercepts by extending existing drillholes. Massive sulphides horizons are generally thicker than anticipated, making these follow-up holes an efficient way to continue building scale within the system. The introduction of downhole EM will assist in vectoring toward these thicker sulphide accumulations as we test along the 5km long body.” Several holes completed during prior campaigns either ended in mineralization or failed to reach their intended target depths, providing multiple immediate follow-up targets for the 2026 campaign. An initial focus will include extending hole VKS24-003, which intersected 21.1 met...