[SMM Nickel Market Flash] Viridian Metals Launches 50-Hole Drill Program at Kraken Cu-Ni Project in Labrador

Published: May 26, 2026 18:08

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Viridian Metals (VRDN.CN) will begin a minimum 50-hole diamond drill program in early June at its Kraken Copper-Nickel Project in Labrador, targeting copper-nickel sulphide mineralization along an approximately 5-kilometre strike length in the Main Zone. The 2026 campaign aims to connect broad-spaced drilling across the full Main Zone with tighter-spaced results from the northern portion of the system, advancing the project toward a continuously drill-defined mineralized footprint. Holes will target mineralization within 50 metres of surface, extend previously reported intercepts where earlier holes ended in mineralization or fell short of target depth, and test newly modeled conductor plates via downhole electromagnetic surveying.

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