Drill Results
Visionary begins VTEM survey in Wyoming, grants options

VIZ · Price
Executive Summary
- Visionary Metals began a VTEM geophysical survey on its Tin Cup, King Solomon and Diamond Springs nickel projects in Fremont County, Wyoming.
- The four‑to‑six‑week survey is intended to generate drill targets for the next phase of diamond drilling.
- Concurrently, the company issued 9.6 million stock options at a $0.06 exercise price to officers, directors and key consultants.
Key Details
- VTEM Survey Launch: Commenced on Friday, Aug 29 2025; conducted by Geotech Ltd.; targets massive nickel‑copper sulphides identified from surface magmatic intrusions and magnetic data.
- Survey Duration: Expected 4–6 weeks, weather‑dependent.
- Purpose: Data will be analyzed to define drill targets for upcoming diamond drilling campaigns.
- Exploration Alliance: Part of the recently announced alliance with Teck American Inc. (see July 31 2025 release).
- Option Grant: 9.6 million new stock options granted to officers, directors and key consultants (including 500,000 to an investor‑relations consultant).
- Exercise Price: $0.06 per common share.
- Vesting Schedule: 25% on grant date (Aug 29 2025), then additional 25% at each of the three‑, six‑ and nine‑month anniversaries.
- Expiration: Options expire on Sep 5 2028.
Notable Quotes
“With the VTEM survey now under way, we are preparing to begin analyzing data and generating drill targets to test during our next phase of diamond drilling,” – Wes Adams, CEO, Visionary Metals Corp.
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Jul 31, 2026 · 08:31