Drill Results
Visionary Targets Expansion of Pt. Leamington Deposit, Central Newfoundland

VCG · Price
Executive Summary
- Visionary Copper & Gold Mines Inc. announced its 2025 exploration program for the 100 % owned Pt. Leamington VMS deposit in central Newfoundland, slated to begin in Q4 after receipt of a two‑year permit.
- The program will drill two diamond holes to test a large airborne EM anomaly that could double the near‑surface strike length from ~560 m to ~1.2 km, and six historic holes will be resampled while three new holes will target a 150 m in‑pit copper stringer zone.
- Additional targets include deeper footwall horizons (Lower Footwall Zone) and depth extensions of historic holes to evaluate potential high‑grade copper–gold lenses below the current resource shell, with results feeding into a forthcoming Preliminary Economic Assessment (PEA).
Key Details
- Strike Extension Target: 2 drill holes; one 115 m step‑out from hole PL‑024, another 200 m step‑out from historic hole PL‑072. Aim: test continuity of the airborne EM anomaly and potentially double strike to ~1.2 km.
- Historic Intersections (South Zone): PL‑073 intersected 6.73 m @ 0.19 % Cu, 0.97 g/t Au, 3.58 % Zn, 22.74 g/t Ag; PL‑024 intersected 39.62 m @ 0.20 % Cu, 0.70 g/t Au, 0.67 % Zn, 10.96 g/t Ag.
- In‑Pit Copper Stringer Zone: Resample six historic drill holes; drill three new holes across ~150 m strike to assess unsampled footwall pyrite/chalcopyrite mineralization for near‑surface resource growth within the pit shell.
- Lower Footwall Zone (LFZ) – Deeper Horizon:
- Historic intersections outside pit: PL‑004 (45.72 m @ 0.50 % Cu, 0.15 g/t Au, 3.69 g/t Ag), PL‑009, PL‑011 etc.
- Intersections inside pit: PL‑005 (12.19 m @ 0.48 % Cu, 4.18 g/t Ag) and PL‑055 (36.28 m @ 0.40 % Cu, 2.55 g/t Ag).
- Depth Extension Plans: Deepen holes PL‑65 & PL‑66 by ~200 m to test Lower Footwall Horizon; use BPEM surveys for vectoring deeper copper/gold zones. Historic deepest intercepts: PL‑04‑077 (4.67 m @ 4.37 g/t Au, 15.05 % Zn, 57.88 g/t Ag, 0.36 % Cu).
- Metallurgical & Mineralogical Work: Representative samples from gold‑rich zones will undergo mineralogical study and bench‑scale flotation/leaching tests to support a future PEA.
- Permitting & Logistics: Program contingent on receipt of a two‑year exploration permit; project is road‑accessible (~18 km from Pt. Leamington, 37 km from Grand Falls‑Windsor) and ~20 km from provincial power grid.
Notable Quotes
“With metal prices… at elevated levels, the timing is ideal to aggressively advance our Pt. Leamington deposit.” – Max Porterfield, President & CEO
“Testing the downdip and along‑strike extensions of the deposit is obviously a high priority…” – Dr. Stephen Piercey, Technical Advisor
Materiality: Non‑Material – Positive (future exploration plans without immediate financial impact).
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Jun 18, 2026 · 08:31