Northwire Canada EditionTuesday, November 10, 2026
Northwire
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Gold 4,064.30 −1.2% Silver 52.02 −1.3% Copper 6.26 −1.3% Oil 84.43 −2.8% Palladium 1,033.00 +1.1% GAL 0.380 +0.0% VCG 1.02 +0.0% LVX 0.340 +0.0% RAMP 0.270 +0.0% QTWO 1.61 +0.0% SUM 1.32 +0.0% SGML 8.35 +0.0% BOGO 0.790 +0.0% SGC 0.095 +0.0% MANU 0.150 +0.0% GMA 0.200 +0.0% ONAU 0.475 +0.0% TGOL 0.130 +0.0% MD 0.320 +0.0% SAG 0.660 +0.0% SNAG 0.195 +0.0% Gold 4,064.30 −1.2% Silver 52.02 −1.3% Copper 6.26 −1.3% Oil 84.43 −2.8% Palladium 1,033.00 +1.1% GAL 0.380 +0.0% VCG 1.02 +0.0% LVX 0.340 +0.0% RAMP 0.270 +0.0% QTWO 1.61 +0.0% SUM 1.32 +0.0% SGML 8.35 +0.0% BOGO 0.790 +0.0% SGC 0.095 +0.0% MANU 0.150 +0.0% GMA 0.200 +0.0% ONAU 0.475 +0.0% TGOL 0.130 +0.0% MD 0.320 +0.0% SAG 0.660 +0.0% SNAG 0.195 +0.0%
Drill Results Routine +

Visionary Fast-Tracks Its Reactivated Copper Rich Kismet Cu/Zn/Au/Ag Deposit, Adding a Second Spoke to Its Flin Flon Strategy

Visionary filed the Kismet permit to target Q1 2027 drilling at its Flin Flon hub strategy.

Executive Summary

Visionary Copper and Gold Mines Inc. announced the fast-tracking of its 100%-owned Kismet Cu/Zn/Au/Ag deposit in the Flin Flon Greenstone Belt, Saskatchewan. The company digitized 89 historical drill holes and constructed a 3D geological model, identifying four copper-zinc lenses. Lens A is the largest and remains open at depth. Reinterpreted 2004 borehole electromagnetic (EM) data shows a highly conductive plate extending below the deepest historical drilling, supporting potential for down-plunge mineralization extension.

A drill permit application has been submitted to the Saskatchewan Ministry of Environment and Resources. The company targets a Q1 2027 drilling start. The planned program consists of approximately 11,000 meters in 33 holes. Objectives include twinning key historical holes, infilling near-surface mineralization, and testing the EM conductor and Lens C step-out.

Kismet is positioned as the second "spoke" in Visionary's hub-and-spoke strategy, alongside the Rainbow deposit at the Pine Bay Project in Manitoba. The strategy aims to share processing, power, and logistics near the Flin Flon rail hub. A 1990 historical resource estimate cited 814,648 short tons grading 2.15% Cu, 1.77% Zn, 0.23 oz/ton Ag, and 0.003 oz/ton Au to ~335m depth. This estimate is not a current NI 43-101 resource and has not been verified.

Gold values historically overlooked are now considered a key value driver, with notable intercepts including 0.69 g/t Au in K-42 and 0.46 g/t Au in CK-1. Rainbow (Pine Bay) holds an Indicated Resource of 3.44 Mt at 3.59% CuEq and an Inferred Resource of 1.28 Mt at 2.95% CuEq. An Advanced Exploration Permit (AEP) application for Rainbow is under review in Manitoba.

Material Impact

Visionary Copper and Gold Mines Inc. (VCG) announced planned exploration drilling and the reprocessing of historical data at its Kismet project. The initiative aligns with the company’s stated hub-and-spoke development roadmap and follows previous permitting and exploration updates across its portfolio.

The permit submission serves as a procedural step, with drilling targeted for the first quarter of 2027. This timeline is subject to regulatory approval and winter-road access logistics.

The announcement does not disclose any new verified mineral resources, metallurgical test results, or economic studies. The historical resource remains unverified and requires modern NI 43-101 compliant drilling to establish confidence. The news represents expected, incremental progress on the company's multi-jurisdictional exploration timeline and does not contain unexpected, market-moving information or immediate financial catalysts.

VCG · Price
Company Overview

Visionary Copper and Gold Mines Inc. is a Canadian exploration and development company focused on base and precious metals. Its flagship assets include the Pt. Leamington VMS deposit in Newfoundland, the Rainbow/Pine Bay project in Manitoba, the Nash Creek project in New Brunswick, and the newly advanced Kismet deposit in Saskatchewan.

The company is executing a hub-and-spoke strategy in the Flin Flon Greenstone Belt, aiming to leverage shared infrastructure, processing facilities, and the Hudson Bay Railway export corridor. Exploration activities are heavily focused on resource expansion, historical data reprocessing, and permitting advancement across multiple jurisdictions.

Read the original news release →

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