202619 releases
Visionary Copper and Gold Mines Inc. Closes Acquisition of Mineral Licenses
Visionary Copper and Gold Mines Inc. has closed the acquisition of a 100% interest in three mineral licenses along the down-plunge trend of the Pt. Leamington VMS deposit in central Newfoundland. The Vendor, Stephen Stockley Agriculture and Fabrication Inc., received C$10,000 in cash and 27,261 common shares at a deemed price of C$1.46728 per share, a deemed value of C$40,000, plus a 1% net smelter return royalty that can be repurchased for C$1,000,000.
AcquisitionVisionary Expands its Land Position at Pt. Leamington Project, Newfoundland
Visionary Copper and Gold Mines Inc. has agreed to acquire a 100% interest in three mineral licences comprising 69 mineral claims (the French claims) from V.A. French Geological Consultants Inc. at its Pt. Leamington project in Newfoundland. The claims are contiguous with the Stockley claims and cover part of a 2007 HeliGeoTEM airborne EM response. Consideration is C$10,000 in cash on closing and C$30,000 in common shares, subject to TSX Venture Exchange acceptance.
CorporateVisionary Receives Exploration Permits for its High-Grade Copper and Gold Pine Bay Project in the Flin Flon Mining District, Manitoba
Two exploration work permits have been granted by the Province of Manitoba for the Pine Bay Project and adjoining Alberts Lake property, 16 km from Flin Flon, valid through December 31, 2028, authorizing diamond drilling, line cutting, geophysics and trail clearing. The Rainbow deposit holds an Indicated Mineral Resource of 3.44 Mt grading 3.59% CuEq and an Inferred Mineral Resource of 1.28 Mt grading 2.95% CuEq; an Advanced Exploration Permit application covering ramp access and a 10,000-tonne bulk sample remains pending. Visionary also signed a US$75,000 investor relations agreement with GRA Enterprises LLC.
CorporateVisionary Consolidates Ground Down-Plunge from Pt. Leamington Deposit and Southern Trend, Securing Five Airborne EM Conductors on the Host Horizon, Two with Historical Massive Sulphide Boulders
Approximately 3,575 hectares across six mineral licences comprising 143 mineral claims have been acquired and staked down-plunge of and south of the Pt. Leamington VMS deposit in central Newfoundland, bringing Visionary's land position there to about 33,000 hectares. The southern ground covers roughly a 3 km segment of the Pt. Leamington Trend with five isolated airborne EM conductors on the deposit's host horizon, two with historically reported massive sulphide boulders nearby. Under a purchase agreement with Stephen Stockley Agriculture and Fabrication Inc. for three licences, Visionary will pay C$10,000 plus C$40,000 in shares and grant a 1% NSR royalty, repurchasable for C$1,000,000.
Drill resultsVisionary Launches Sampling Program of Historic Drill Core from Pt. Leamington in Central Newfoundland
A hyperspectral-guided review and sampling program of historical drill core has been initiated at the 100%-owned Pt. Leamington gold-copper-zinc-silver VMS deposit in central Newfoundland, with up to 2,000 metres of historical core to be resampled across previously unassayed sulphide-bearing intervals. Review of core photography and hyperspectral data from 48 historical holes identified eight holes with wide visible sulphide stringer intervals within quartz-chlorite-white mica alteration. The work proceeds alongside a previously announced 20,000-metre Phase 2 drill program.
Drill resultsVisionary Outlines 20,000-Metre Phase 2 Drill Program to Grow Pt. Leamington Resource and Advance Kraken Copper Discovery
A 20,000-metre Phase 2 diamond drilling program is planned at the 100%-owned Pt. Leamington VMS project in central Newfoundland, targeting conversion of about 50% of the 13.7 million tonnes of pit-constrained inferred resources to indicated, expansion of the massive sulphide resource, and definition of the Kraken copper footwall stringer zone for inclusion in the next resource estimate. Phase 1 comprised 10 holes totalling 3,556 metres, with PL-112 returning 75.8m grading 0.45% Cu, including 12.0m at 1.09% Cu.
Drill resultsVisionary Receives Phase 2 Drill Approval for its Pt. Leamington Gold/Copper/Zinc/Silver VMS Deposit in Newfoundland
Approval has been received from the Newfoundland and Labrador Department of Energy and Mines for a 2026 Phase 2 diamond drilling program at Visionary's 100%-owned Pt. Leamington gold/copper/zinc/silver VMS deposit in Newfoundland. Drilling will target conversion of Inferred to Indicated resources, resource expansion, and definition of the copper-rich Kraken Zone found in Phase 1, which is not in the 2021 estimate of 5.0 Mt Indicated and 15.4 Mt Inferred. The project qualifies for an estimated C$96,118 Junior Exploration Assistance rebate.
CorporateVisionary Appoints Jason Flight as Vice President of Exploration
Jason Flight, P.Geo., has been appointed Vice President of Exploration of Visionary Copper and Gold Mines Inc., joining from Galway Metals Inc. with more than 15 years of exploration and mine-site experience; he will be granted incentive stock options subject to TSX Venture Exchange approval. The Company also entered a one-month consulting services agreement with X Media Inc. SEZC for investor outreach and capital markets advisory services for a one-time fee of US$50,000. Separately, 160,000 stock options were granted to an officer and a consultant, exercisable at $1.25 per share, vesting 25% every three months over 12 months and expiring five years from grant.
ManagementVisionary Advances on Multiple Fronts at Pt. Leamington: Phase 2 Drilling Permits Submitted; Prospecting Permits Filed for ~30,000 Ha Regional Land Package; Field Personnel Mobilized to Site
Exploration permit applications have been submitted to the Newfoundland and Labrador Department of Energy and Mines for a Phase 2 two-rig diamond drilling program at the Pt. Leamington VMS deposit on Mining Lease 136, and for prospecting, geochemical sampling and ground geophysics across all 21 mineral licenses in the ~30,000 hectare land package. Field personnel are mobilized for ground truthing and site preparation. Phase 1 returned 75.8 m of 0.45% Cu in PL-112 in the Kraken Zone.
CorporateVisionary Announces Increased Ownership Position by The Quaternary Group Limited Following Full Warrant Exercise
The Quaternary Group Limited, a BVI company controlled by Ross Jennings, now beneficially owns 2,650,301 common shares of Visionary Copper and Gold Mines, about 11.24% on a non-diluted and partially diluted basis, after buying 208,800 shares on the TSXV and exercising all 666,667 warrants at $1.10 for gross proceeds of roughly $733,334. Proceeds will fund working capital and the 100%-owned Pt. Leamington Deposit in central Newfoundland. Visionary also increased marketing budgets with Milestone Capital Partners to $200,000 and Delray to $150,000, and engaged Market One ($150,000) and Euroswiss ($60,000).
FinancingVisionary Outlines Regional Exploration Opportunity on Newly Expanded ~30,000 Hectare Land Package at Pt. Leamington, Central Newfoundland
The 100%-owned Pt. Leamington Project land package in central Newfoundland has been expanded to nearly 30,000 hectares (300 km2), including ground historically called Lewis Lake, previously explored by Billiton Exploration Canada Ltd. (now BHP) and Rubicon from 1999 to 2001. That work included a 1,100 line-kilometre airborne EM/Mag survey identifying 15 conductors and a 15-hole, 2,822 m Phase I drill program. Planned work includes re-interpretation, prospecting, borehole pulse EM surveys and drill testing of untested conductors.
NewsVisionary Reports Wide Intersections of Copper and Gold at Pt. Leamington Deposit with Mineralization in Every Hole at the New Kraken Zone
Phase 1 drill results from the 100%-owned Pt. Leamington Project in central Newfoundland included PL-118 returning 22.5m of 0.14 g/t Au, 0.53% Cu and 41.5m of 0.39% Cu, including 7.5m of 0.89% Cu, and 9.7m of 0.62 g/t Au, 21.28 g/t Ag, 0.47% Cu, 2.51% Zn. PL-115 cut 52.7m of 0.30% Cu and PL-116 29.9m of 0.27% Cu. All holes testing the new Kraken zone intersected mineralization over 800m of strike, which remains open in all directions.
Drill resultsVisionary Copper and Gold Mines Inc. Announces Results of Annual General Meeting
Shareholders approved all motions at the March 19, 2026 annual general meeting, including re-election of Max Porterfield, Peter Dimmel, Michael Louie and Keith Minty, appointment of Shim & Associates LLP as auditors, a 10% rolling stock option plan, and the downward re-pricing of 261,667 insider stock options, subject to TSX Venture Exchange acceptance. Nico Civelli retired as a director. Visionary also entered twelve-month consulting agreements with Milestone Capital Partners ($50,000 and 100,000 options at $1.00), Delray Capital Markets Group ($50,000 and 50,000 options at $1.00) and Cashu Group ($20,000).
CorporateVisionary Intersects 51.9m of 0.46 g/t Gold, 0.37% Copper and 75.8m of 0.45% Copper at Pt. Leamington, Newfoundland
Phase 1 drilling at the 100%-owned Pt. Leamington Project in central Newfoundland returned 20.9m of 0.35 g/t Au, 18.25 g/t Ag, 0.30% Cu and 1.96% Zn and 51.9m of 0.46 g/t Au, 9.4 g/t Ag, 0.37% Cu and 1.32% Zn in hole PL-112, which also discovered the new Kraken copper zone with 75.8m of 0.45% Cu and 23.5m of 0.43% Cu outside the existing resource and pit shell. PL-111, testing a 350m airborne EM anomaly, cut 2.8m of 1.20 g/t Au, 9.96 g/t Ag, 0.62% Cu, 1.87% Zn. Six of seven holes totalling 2,119m of the 3,000m program are complete.
Drill resultsVisionary Commences Phase 1 Exploration Drilling at the Gold/Copper/Zinc/Silver Pt. Leamington Deposit in Central Newfoundland
A fully funded 3,000m Phase 1 drill program has begun at the 100%-owned Pt. Leamington gold/copper/zinc/silver project in Central Newfoundland, the first exploration drilling there in over two decades, targeting strike extension to the south, a Lower Footwall Zone and near-surface stringer mineralization. The deposit hosts a pit-constrained Indicated Resource of 5.0 Mt at 2.5 g/t AuEq (402 koz AuEq). Visionary also granted 1,015,000 options at $0.80 and proposed re-pricing 324,167 options to $0.80, subject to disinterested shareholder approval.
Drill results
202518 releases
Visionary Copper and Gold Mines Inc. Closes Final Tranche of Private Placement Financing
The second and final tranche of a non-brokered private placement closed with 1,333,334 charity flow-through units at $1.11 for gross proceeds of $1,480,000.74 and 267,176 Manitoba charity flow-through units at $1.31 for $350,000.56, bringing total proceeds to $3,040,262. Each unit includes one flow-through share and half a warrant exercisable at C$1.10 for two years, with proceeds funding Canadian exploration expenses at the Pt. Leamington Project, Newfoundland. Visionary also agreed to settle $584,532 of debt by issuing 446,043 common shares.
FinancingVisionary Copper and Gold Mines Inc. Closes First Tranche of Private Placement Financing
The first tranche of a non-brokered private placement closed with 1,613,815 hard dollar units issued at C$0.75 for gross proceeds of $1,210,361, each unit comprising one common share and one-half warrant exercisable at C$1.10 for two years; finders were paid $6,750 and insiders subscribed for 229,482 units for $172,111. The Company is also offering up to 1,333,333 flow-through units at C$1.11 and up to 267,175 Manitoba flow-through units at C$1.31, for up to $1,480,000 and $350,000 respectively, with closing anticipated December 18, 2025 and proceeds directed to the Pt. Leamington Project, Newfoundland.
FinancingVisionary Copper and Gold Mines Inc. Announces $3.0 million Private Placement Financing for Exploration Campaign at Pt. Leamington Project, NFLD
A non-brokered private placement of up to $3.0 million was launched to fund a drilling campaign at the 100% owned Pt. Leamington Project in Newfoundland. The offering comprises up to 1,560,000 hard dollar units at C$0.75 for up to C$1,170,000, up to 1,333,333 flow-through units at C$1.11 for up to $1,480,000, and up to 267,175 Manitoba flow-through units at C$1.31 for up to $350,000, each with a half warrant exercisable at C$1.10 for two years. Closing is subject to TSX Venture Exchange acceptance.
Financing