Northwire Canada EditionSaturday, July 11, 2026
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GLDN 0.055 +0.0% BRON 0.040 +0.0% BTO 5.43 −0.7% ESK 0.365 −2.7% AUMN 0.275 +0.0% GGX 0.040 +0.0% S 0.155 +29.2% NNX 0.035 +0.0% ABX 51.90 −0.6% TTS 2.40 −4.0% FCI 0.400 −9.1% GR 0.075 +0.0% AII 23.38 +12.4% TUNG 1.72 +1.8% LGO 1.01 −2.9% EMM 0.080 +0.0% GLDN 0.055 +0.0% BRON 0.040 +0.0% BTO 5.43 −0.7% ESK 0.365 −2.7% AUMN 0.275 +0.0% GGX 0.040 +0.0% S 0.155 +29.2% NNX 0.035 +0.0% ABX 51.90 −0.6% TTS 2.40 −4.0% FCI 0.400 −9.1% GR 0.075 +0.0% AII 23.38 +12.4% TUNG 1.72 +1.8% LGO 1.01 −2.9% EMM 0.080 +0.0%
Drill Results Routine +

Visionary Commences Prospecting and Rock and Soil Geochemistry over Five Regional Target Areas at Pt. Leamington Project, Central Newfoundland

Visionary Copper advances regional geochemistry at Pt. Leamington as phase 2 drilling preparation intensifies.

By The Northwire Desk — AI Analysis Jun 18, 2026 · 08:31 VCG · 1.27 Visionary Copper and Gold Mines Inc.
Executive Summary
  • Visionary Copper and Gold Mines Inc. has commenced a systematic prospecting and geochemical sampling program across five regional target areas on its ~30,000-hectare Pt. Leamington Project in central Newfoundland.
  • The company secured prospecting permits from the Newfoundland and Labrador Department of Energy and Mines to conduct soil and rock sampling on a 100-metre grid with 25-metre intervals.
  • The program aims to refine historical geochemical anomalies and prioritize targets for ground geophysics and the upcoming Phase 2 diamond drilling campaign at the Pt. Leamington VMS deposit.
  • Field crews are already mobilized, running concurrently with site preparation for Phase 2 drilling.
  • This follows a clear execution timeline: Phase 1 drilling (Feb-Apr 2026) successfully validated the existing resource and discovered the adjacent "Kraken" copper zone. Subsequent news in May and early June confirmed wide base and precious metal intercepts, expanded the land package, and secured a new strategic shareholder.
Material Impact
  • The June 18 announcement is an expected, incremental step in the standard exploration lifecycle. It does not introduce new financial data, resource estimates, or material transactions.
  • The market has already priced in the Phase 1 results and the land expansion. The commencement of regional sampling is a routine operational follow-up to the June 4 permit submission and mobilization update.
  • While positive for project momentum, it lacks the surprise factor or financial magnitude required to move the stock materially. It reinforces management's execution capability but does not alter the near-term valuation thesis.
VCG · Price
Company Overview
  • Visionary Copper and Gold Mines Inc. is a mineral exploration company focused on base and precious metals in Canada.
  • Flagship Asset: Pt. Leamington Project, a felsic-hosted Volcanogenic Massive Sulphide (VMS) deposit in central Newfoundland. The deposit dips 70° west, has a strike length >1km, and has been drilled to 360m depth across 72 holes (~21,714m).
  • Historical Resource: Indicated: 5.0 Mt @ 2.5 g/t AuEq (402 koz AuEq). Inferred: 13.7 Mt @ 2.24 g/t AuEq (986.5 koz AuEq). Out-of-pit Inferred: 1.7 Mt @ 3.06 g/t AuEq (168.5 koz AuEq).
  • Portfolio: Additional assets include the Rainbow and Pine Bay projects in Manitoba, and the Nash Creek Project in New Brunswick (2018 PEA: 34.1% IRR, $230M NPV8%).
Read the original news release →

More from Visionary Copper and Gold Mines Inc.

Jun 09, 2026 · 13:11

Visionary Copper’s Kraken zone at Point Leamington expands its critical minerals footprint in Newfoundland with significant new mineralisation discoveries.

Drill Results Jun 04, 2026 · 08:31

Visionary Copper advances Pt. Leamington Phase 2 drilling permits and expands its land package by 30,000 hectares as Kraken Zone validation continues.

Drill Results Jun 01, 2026 · 08:31

Visionary Copper Gains Strategic Backing as Quaternary Exercises Warrants, Eyes Newfoundland VMS Expansion

Financings May 21, 2026 · 08:31

Visionary Expands Land Footprint to 30,000 Hectares as Strategic Investor Backs Growth

Production / Operations May 14, 2026 · 08:31

Quaternary Group nudges stake past 10% threshold, signaling conviction behind Visionary’s polymetallic punch in Newfoundland’s VMS heartland

Other May 13, 2026 · 15:24

Resource Update Validates Kraken Discovery But Price Action Signals Market Skepticism

Drill Results