Visionary Copper completes Pt. Leamington drill program

The most recent news (April 1, 2026) announces the completion of an expanded Phase 1 drilling program at the Pt. Leamington deposit in Newfoundland. The company drilled 10 holes (3,556m), exceeding the original 7-hole (3,000m) plan. The expansion was driven by the discovery of the "Kraken" copper zone. While results for 8 of the 10 holes are pending (expected by late April), previously released results from hole PL-112 confirmed a significant copper lens (75.8m @ 0.45% Cu). Seven holes specifically targeted this new Kraken zone to test for near-surface resource expansion outside the current pit shell.

The news is Routine - Positive. While the discovery of the Kraken zone (first reported in March) is a significant geological development, this specific update is a routine operational wrap-up of the drilling phase. - Resource Expansion: The discovery of mineralization outside the current pit shell (Kraken zone) and the extension of the strike to over 1km (PL-111) are fundamentally positive for the eventual resource update. - Execution: Management demonstrated agility by expanding the program mid-campaign to follow the discovery, suggesting high confidence in the new zone. - Pending Data: The true material impact remains "pending" until the assays for the 7 Kraken-targeted holes are released. If these holes confirm continuity and similar grades to PL-112, it could lead to a material resource upgrade.

Visionary Copper and Gold Mines is a Canadian explorer focused on VMS (Volcanogenic Massive Sulphide) and gold deposits. - Flagship Project: Pt. Leamington (Newfoundland). A 100%-owned VMS deposit with a significant existing resource (approx. 1.4M oz AuEq across Indicated and Inferred categories). - Secondary Project: Pine Bay (Manitoba), featuring the high-grade Rainbow copper-gold deposit. - Strategy: Expanding near-surface resources to improve the economics of potential open-pit operations.