Visionary Metals outlines EM anomalies in Wyoming

Mr. Wes Adams reports VISIONARY METALS IDENTIFIES MULTIPLE HIGH-POTENTIAL NICKEL-COPPER TARGETS FROM VTEM SURVEY IN WYOMING AND ACCELERATES EXPLORATION ACTIVITIES Visionary Metals Corp. has successfully completed a versatile time-domain electromagnetic (VTEM) survey at its Tin Cup, Diamond Springs and King Solomon nickel and copper sulphide properties in central Wyoming as part of a strategic exploration alliance with Teck American Inc., a subsidiary of Teck Resources Ltd. Based on positive preliminary results, the company has staked an additional 92 mining claims at Tin Cup and Diamond Springs. Highlights include: Multiple high-amplitude electromagnetic (EM) anomalies ranging from 100 metres up to 1,000 metres strike length identified at Tin Cup, coincident with magnetic anomalies and surface nickel, chromium and copper geochemical anomalies and underlying mafic and ultramafic rocks and their metamorphic equivalents; A high-amplitude 600-metre strike length EM anomaly at King Solomon; Small, isolated electromagnetic anomalies, along mapped ultramafic and metamorphic rock units at Diamond Springs. "Preliminary results from the VTEM survey have identified several compelling nickel and copper sulphide targets at our properties in Wyoming," commented chief executive officer Wes Adams. "Based on these results, we are accelerating exploration activities at Tin Cup and King Solomon by conducting ground-based electromagnetic surveys, funded by Teck under our exploration alliance. These ground-based surveys are effective to greater depths than airborne surveys and will allow for three-dimensional modelling of conductive bodies with high nickel and copper massive sulphide potential ahead of 2026 drill programs." Ground-based EM surveys at Tin Cup and King Solomon are expected to commence shortly. To conduct these surveys, Visionary has contracted Dias Geophysical. Dias is a world leader in innovative geophysical technologies for the mineral exploration sector. Regional geology and geophysical overview The VTEM survey was conducted by Geotech Ltd. Initial interpretation of results was completed by geophysicists from Visionary and Teck. VTEM data were collected from Visionary's entire 40-square-kilometre land package in Fremont county and focused on Visionary's Tin Cup property, where ultramafic intrusions occur in contact with sulphidic iron formation, indicating strong nickel sulphide potential; the King Solomon project, where Visionary made Wyoming's first nickel sulphide discovery in 2022; as well as at Diamond Springs, where a multikilometre-long nickel-bearing ultramafic rock body lies adjacent to sulphidic metamorphic rocks. Flight lines were flown at 100-metre line spacing over Tin Cup and King Solomon to generate high-resolution data. Additionally, 200-metre-spaced lines were used to test sulphide potential at earlier-stage targets within Visionary's 40-square-kilometre land package, including at Diamond Springs. Visionary has existing drill notifications in place at King Solomon and plans to apply for new drill notifications at Tin Cup following final interpretation of VTEM and ground-based EM survey results. Visionary's properties are located within Wyoming's Archean greenstone belt, which shares several geological characteristics with other renowned nickel provinces, such as the Yilgarn craton in Australia. The VTEM survey was designed to detect conductive anomalies indicative of massive nickel and copper sulphide deposits. Teck continues to assist with VTEM data interpretation and will assist in designing coming ground-based electromagnetic surveys. Geotech's VTEM system is a leading airborne electromagnetic tool, renowned for detecting conductive mineral deposits such as nickel sulphides at depths up to 400 metres. This technology is particularly effective for identifying nickel sulphide 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. For coming ground-based EM surveys, Dias will use a Fluxgate system with an Emit Smart Fluxgate sensor and a five-to-30-hertz typical base frequency range, capable of detecting conductive massive sulphides up to 800 metres below surface. About Visionary Metals Corp. Visionary Metals is a Vancouver-based exploration company advancing nickel and copper sulphide projects in Wyoming's Granite Mountains. With a 40-square-kilometre land package and the state's first nickel discovery at King Solomon in 2022, Visionary aims to establish Wyoming as a leading nickel frontier. Summary of strategic exploration alliance with Teck: Initial financing: On Aug. 1, 2025, Teck bought 17,392,193 common shares of Visionary through 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 are being used to finance initial exploration activities. Subsequent financing: 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: After option 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 buyback 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. Technical disclosure Geotech conducted data collection for the VTEM survey using a 17.4-metre transmitter flown by helicopter at a survey height of 41 metres above surface and a Z-coil receiver. Peak dipole moment was 225,000 NIA; peak-and-peak dipole moment was 225,000 NIA. EM methods, including airborne time-domain EM and magnetic systems, like VTEM are very well suited for magmatic nickel-copper-PGE-style (platinum group element) massive to stringer sulphide mineralization due to their combination of high conductivity of the sulphides that produce strong, lingering late-channel EM responses and the high magnetic susceptibilities of the deposit and magmatic host rocks. This combination of physical properties and VTEM high signal to noise allows the system to detect these types of targets to depths exceeding several hundred metres, depending on their size and total conductance. Conductivity anomalies reported herein are indicative in nature and cannot be used to determine the definitive presence of sulphides or the type of sulphide. It is possible that no economically significant mineralization is associated with conductivity anomalies reported herein, thus preliminary results reported herein should be treated with caution. Qualified person The scientific and technical information in this announcement as it relates to exploration results is based on information reviewed by Michael Page, FAusIMM, a qualified person pursuant to National Instrument 43-101, Standards of Disclosure for Mineral Projects, of the Canadian Securities Administrators. Mr. Page has 50 years of relevant nickel exploration experience in the style of mineralization under consideration and fulfills the requirements to be a qualified person. Mr. Page consents to the inclusion in this announcement of the matters based on his information in the form and context in which they appear. Mr. Page is the company's chief geologist. We seek Safe Harbor.