Visionary Metals signs Utah exploration deal

Executive Summary

• Visionary Metals Corp. secured a five-year mineral exploration agreement with an option to lease with the School and Institutional Trust Lands Administration (SITLA) for the Slipstream project in Utah.
• The agreement covers 2,584.80 acres of state trust lands in Box Elder County, directly adjacent to the company's existing unpatented mining claims, consolidating a total land position of 468 claims.
• The project targets a 37-square-kilometre corridor with porphyry-related copper-gold mineralization and historic geochemical data showing significant gold, copper, and silver anomalies.

Key Details

• Agreement Terms: Five-year mineral exploration agreement with an option to lease, signed with SITLA on behalf of the State of Utah.
• Land Coverage: 2,584.80 acres (approx. 4.04 square miles) of state trust lands in Box Elder County, Utah.
• Consolidated Position: The new lands are directly within and adjacent to Visionary's unpatented mining claims, bringing the total consolidated land position to 468 unpatented mining claims.
• Project Geology: The area covers a ~37-square-kilometre northeast-trending corridor containing porphyry-related copper-gold mineralization, proximal skarn, and distal carbonate-replacement (CRD) lead-zinc-silver mineralization centered on a porphyritic monzogranite intrusion in the historic Lucin mining district.
• Historic Geochemical Data (405 samples):
  • Gold: Up to 20.1 g/t; 38 samples >1.0 g/t; 252 samples >0.1 g/t (avg 1.07 g/t).
  • Copper: Up to 5.0%; 32 samples ≥1%; 106 samples >0.1% (avg 0.59%).
  • Silver: Up to 243 g/t; avg 20 g/t across all samples; 32 samples ≥100 g/t.
  • Zinc: Up to 3.4%; avg 0.28%; 48 samples ≥1%.
  • Molybdenum: Up to ≥1.0%; avg 0.01%; one sample ≥1%.
• Data Sources: 380 surface rock samples collected between 1988-1997 and 25 new samples collected during 2025 project due diligence by independent geologists.

Notable Quotes

• "This agreement with SITLA represents an important milestone for the Slipstream project and we are pleased to be working with SITLA to advance porphyry copper, gold and silver exploration in a responsible manner on SITLA lands and on our adjacent claims on federal lands," commented Wes Adams, chief executive officer of Visionary Metals.
• "There has never been a more important time than the present to be focused on new critical and precious metals discoveries in the United States, and we believe the Slipstream project has the potential to play an important role in contributing to future domestic precious and critical metals supply."