Visionary Metals hires Geotech for survey in Wyoming

Mr. Wes Adams reports VISIONARY METALS CORP SELECTS GEOTECH TO CONDUCT AIRBORNE VTEM SURVEY TARGETING NICKEL SULFIDE DISCOVERIES IN WYOMING'S GRANITE MOUNTAINS Visionary Metals Corp. has contracted Geotech Ltd. to conduct a versatile time-domain electromagnetic (VTEM) survey across its 40-square-kilometre land package in Wyoming's Granite Mountains. The VTEM survey, scheduled to begin this month, is designed to detect possible sulphide mineralization in outcrop and under post-Archean cover occurrences at depth and marks the first step in Visionary's recently announced strategic exploration alliance with Teck Resources Ltd. to advance nickel exploration in Wyoming (see July 31, 2025, press release). "The VTEM survey is a significant first step as part of our recently announced strategic exploration alliance with Teck," commented Wes Adams, chief executive officer of Visionary Metals. "Geotech's state-of-the-art data collection systems will significantly enhance our ability to detect conductive sulfide zones at depth at our flagship Tin Cup and King Solomon nickel projects and allow us to test additional regional prospects." The VTEM survey will collect data from Visionary's entire 40 square km land package in Fremont county, Wyoming. It will focus on the Tin Cup project, where a 4.3-kilometre-(km)-by-150-metre (m) peridotite intrusion is in contact with sulphidic iron formation indicating strong nickel sulphide potential, and the King Solomon project, where Visionary made Wyoming's first nickel sulphide discovery in 2022. Flight lines will be flown at 100 m line spacing in these two areas to generate high-resolution data for drill targeting and 200 m spaced lines will be used to test sulphide potential at earlier stage targets within Visionary's 40 square km land package. Visionary has existing drill permits in place at King Solomon and plans to apply for new drill notifications at Tin Cup following interpretation of the VTEM survey data. Regional geology Visionary's properties are located within Wyoming's Archean greenstone belt, which share several geological characteristics with other renowned nickel provinces, such as the Yilgarn Craton, in Australia. The VTEM survey is designed to detect conductive anomalies indicative of high-grade nickel sulphide deposits to depths up to 400 m. Teck will assist with data interpretation. Geotech's VTEM system is a leading airborne electromagnetic tool, renowned for detecting conductive mineral deposits like nickel sulfides at depths up to 400 metres. VTEM induces currents in subsurface conductors, mapping their size and location. This technology is particularly effective for identifying nickel sulfide systems in ultramafic rocks like peridotites, which are prevalent in Visionary's land package and thought to be analogous to other nickel districts of Archean age. About Visionary Metals Corp. Visionary Metals is a Vancouver-based exploration company focused on base and precious metals exploration in Fremont county, Wyoming. With a 40 square km land package in the Granite Mountains, Visionary is advancing nickel, copper, gold and cobalt projects, highlighted by Wyoming's first nickel discovery at King Solomon in 2022. The company's exploration targets mirror the geological framework of Western Australia's Yilgarn Craton, positioning Visionary as a leader in Wyoming's nickel frontier. About Geotech Ltd. Geotech, based in Aurora, Ont., is a global leader in airborne geophysical surveys, incorporated in 1981. Its proprietary VTEM system has mapped over two million line kilometres worldwide, enabling the discovery of conductive mineral deposits like nickel, copper and gold with unmatched precision. Summary of strategic exploration alliance with Teck Initial funding: On Aug. 1, 2025, Teck bought 17,392,193 common shares of Visionary via private placement at seven cents per share, providing $1,217,454 in gross proceeds, representing 9.9 per cent of Visionary's issued and outstanding shares on a non-diluted basis. These proceeds will be used to finance initial exploration activities. Subsequent funding: If Visionary completes an additional equity financing during the Alliance term, Teck may invest up to $500,000 on terms no less favourable than other investors, potentially increasing its ownership up to 19.9 per cent on a partially diluted basis, subject to TSX Venture Exchange approval. Exploration program: Visionary will manage exploration programs, incurring expenditures equal to or exceeding the combined proceeds from Teck's investment and any government grants during the Alliance period (ending Dec. 31, 2026, subject to extensions). Teck may finance additional exploration through optional three-month extensions, contributing $300,000 per extension. Option for Teck: Teck has the exclusive option to earn a 70-per-cent interest in designated properties by incurring exploration expenditures within three years of designation, as follows: Diamond Springs property: $4-million, including a firm commitment of $500,000 within one year of designation; King Solomon or Tin Cup properties: $6-million each, including a firm commitment of $750,000 within one year of designation; Newly designated properties: $500,000, including a firm commitment of $100,000 within one year of designation; Upon exercising the option, Teck will own 70 per cent and Visionary 30 per cent of the designated property, and the parties will form a joint venture. If Teck completes 50 per cent of the required expenditures, but does not exercise the option, it will receive a 1-per-cent net smelter return (NSR) royalty and rights to 50 per cent of future concentrate production from the property. Joint venture terms: Postoption exercise, each party will finance its pro-rata share of expenditures, with dilution for non-contribution. If a party's interest falls below 20 per cent, it converts to a 2-per-cent NSR royalty, with a buy-back right for 1 per cent at $4-million (U.S.). The majority interest holder will operate the joint venture. Technical oversight: A technical committee, with two representatives each from Visionary and Teck, will oversee exploration programs, with Teck holding a tie-breaking vote to ensure efficient decision making. We seek Safe Harbor.