Disseminated on Behalf of: Visionary Copper and Gold Mines Inc.
Max Porterfield, President and CEO of Visionary Copper and Gold Mines Inc. (TSXV: VCG | OTCQB: VCGMF), outlines the company’s 2026 drilling campaign at its flagship Point Leamington project in Newfoundland. The program is confirming the strength of the existing gold-copper-silver-zinc deposit and also expanding its footprint with the discovery of a new copper-gold zone and mineralization beyond the current resource boundary.
Canadian VMS growth story in a critical minerals market
Visionary Copper and Gold Mines Inc. is a Canadian mineral exploration company advancing base- and precious-metals-rich volcanogenic massive sulphide (VMS) deposits in established mining jurisdictions, with its primary focus on the Point Leamington project in Newfoundland. The company aims to grow and enhance defined polymetallic resources containing copper, gold, zinc, and silver in supportive permitting environments with access to infrastructure. As global electrification, grid expansion, and resource security drive demand for copper and other critical minerals, Visionary is positioning itself to expand existing deposits in stable districts that can contribute to long-term supply.
Stronger results and the emergence of the Kraken zone
Unlike early-stage explorers starting from scratch, Visionary is building from an established resource base and applying modern drilling techniques to test and expand it. Recent drilling in the main deposit area returned encouraging results, with Porterfield stating, “The mineralization was more robust and carries wider intervals of base and precious metals mineralization than the nearby surrounding historic drill holes.”
In addition to confirming and potentially improving the existing resource through infill drilling, the company discovered a new adjacent copper-gold rich area known as the Kraken zone, which Porterfield described as containing “significant copper and gold mineralization over very wide intervals,” creating a clear opportunity for near-term expansion.
Leveraged exposure to copper and gold demand
With copper increasingly viewed as a strategic metal underpinning electrification and renewable energy infrastructure, and gold maintaining its role as a defensive asset during periods of macro uncertainty, polymetallic VMS deposits offer diversified exposure within a single project. Newfoundland’s established mining history and infrastructure further enhance project economics and development pathways. By focusing on expanding a defined resource and demonstrating growth beyond historical drilling, Visionary aims to provide investors with leveraged exposure to both industrial and precious metals demand at an early stage of renewed exploration momentum.
Step-out drilling targets resource growth
Visionary has already initiated step-out drilling to delineate the Kraken zone and better understand its scale, while also intersecting mineralization in a large step-out hole along strike to the south, outside the existing resource area. Summarizing the campaign, Porterfield noted, “Point Leamington is evolving — not just confirming history, but expanding beyond it.” These results mark a transition from confirmation drilling to active growth, with the company expecting continued drilling throughout 2026 to further define new zones and potentially increase the overall resource footprint.
Expanding beyond the historical footprint
As Visionary Copper and Gold continues to advance Point Leamington, the company sits at the intersection of critical minerals demand and disciplined Canadian exploration. With drilling underway and expansion targets emerging, Visionary is focused on systematically growing its polymetallic resource base in a proven jurisdiction.
Transcript
Max Porterfield
I want to provide an update on Visionary’s drilling campaign at Point Leamington, which already boasts a sizeable gold-, copper-, silver-, and zinc-rich deposit located in central Newfoundland.
We recently tested the main deposit area, and what we found is very encouraging. The mineralization was more robust and carries wider intervals of base and precious metals mineralization than the nearby surrounding historic drill holes. That’s important because it paves the way for potentially increasing the known resource through additional infill drilling. In simple terms, modern drilling is confirming and potentially improving what was previously defined.
Most significantly, we’ve also discovered a new copper-rich zone that sits adjacent to the existing resource. This newly identified zone—what we’re calling the Kraken zone—contains significant copper mineralization over very wide intervals. That creates an opportunity for immediate expansion as we systematically step out and begin defining this zone. We’ve already responded by initiating step-out drilling to delineate the Kraken zone and understand its full scale. In addition to Kraken, the company has intersected mineralization on a large step-out hole along strike to the south, which is located outside of the existing resource area.
So to summarize, we’ve confirmed stronger and wider mineralization in the core deposit. We’ve discovered a new copper-rich zone adjacent to the resource called Kraken. We’ve intersected mineralization outside the current resource footprint. And we’ve immediately moved to expand drilling to define this growth.
Point Leamington is evolving—not just confirming history, but also expanding well beyond it. And we’re just getting started.
About Visionary Copper and Gold Mines Inc.
Visionary Copper and Gold Mines Inc. (TSXV: VCG) (OTCQX: VCGMF) is advancing its portfolio of base- and precious-metals-rich deposits located in established Canadian mining jurisdictions. The focus of the portfolio is highlighted by the 100% owned Point Leamington Deposit in Newfoundland, located in one of the richest VMS and Gold Districts in Canada. The Company prepared a pit constrained Indicated Mineral Resource of 5.0 Mt grading 2.5 g/t AuEq for 402 koz AuEq (145.7 koz gold, 60.0 Mlb copper, 153.5 Mlb zinc, 2.0 Moz silver, 1.5 Mlb lead), a pit constrained Inferred Mineral Resource of 13.7 Mt grading 2.24 g/t AuEq for 986.5 koz AuEq (354.8 koz gold, 110.2 Mlb copper, 527.3 Mlb zinc, 6.2 Moz silver, 7.0 Mlb lead) and an out-of-pit Inferred Mineral Resource of 1.7 Mt grading 3.06 g/t AuEq for 168.5 koz AuEq (65.4 koz gold, 13.3 Mlb copper, 102.9 Mlb zinc, 1.4 Moz Ag, 2.6 Mlb lead) (see news release dated October 25, 2021). Additionally, the Company is permitting the Rainbow deposit at its rich VMS Pine Bay Project located near existing infrastructure in the Flin Flon Mining District. The Company prepared an indicated mineral resource on the Rainbow deposit of 3.44 Mt grading 3.59% CuEq for 272.4 Mlb CuEq (238.3 Mlb Cu, 56.9 Mlb Zn, 37.6 koz Au, 692.8 koz Ag, 2.3 Mlb Pb), an inferred mineral resource on the Rainbow deposit of 1.28 Mt grading 2.95% CuEq containing 83.4 Mlb CuEq (72.1 Mlb Cu, 19.5 Mlb Zn, 11.1 koz Au, 222.2 Koz Ag, 0.8 Mlb Pb) and an inferred mineral resource at the Pine Bay deposit of 1.0 Mt grading 2.62% Cu containing 58.1 Mlb Cu (see news release dated July 10, 2023). Additionally, the portfolio includes the Nash Creek Project located in the VMS rich Bathurst Mining District of New Brunswick. A 2018 PEA generates a strong economic return with a pre-tax IRR of 34.1% (25.2% post-tax) and NPV8% of $230 million ($128 million post-tax) at $1.25 Zinc (see news release dated May 14, 2018).
To learn more about Visionary, visit their website. For the latest updates, follow Visionary on social media: Facebook, X, and LinkedIn.
