Northwire Canada EditionSunday, November 8, 2026
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Gold 4,079.60 −0.8% Silver 51.94 −0.8% Copper 6.24 −0.5% Oil 90.83 +0.3% Palladium 1,017.10 −2.6% KRN 0.260 −7.1% GSKR 2.84 +5.6% ADE 0.125 +4.2% NRM 0.055 +0.0% BBB 0.520 −1.9% LGD 2.09 +1.9% DEC 0.110 +0.0% LCE 0.200 +0.0% NILI 0.515 −1.0% CDE 21.85 +6.7% CAN 0.045 +0.0% LORD 0.100 +0.0% HBM 29.49 +2.3% ELEF 0.265 +120.8% MUN 0.300 +0.0% SAGA 0.400 +6.7% Gold 4,079.60 −0.8% Silver 51.94 −0.8% Copper 6.24 −0.5% Oil 90.83 +0.3% Palladium 1,017.10 −2.6% KRN 0.260 −7.1% GSKR 2.84 +5.6% ADE 0.125 +4.2% NRM 0.055 +0.0% BBB 0.520 −1.9% LGD 2.09 +1.9% DEC 0.110 +0.0% LCE 0.200 +0.0% NILI 0.515 −1.0% CDE 21.85 +6.7% CAN 0.045 +0.0% LORD 0.100 +0.0% HBM 29.49 +2.3% ELEF 0.265 +120.8% MUN 0.300 +0.0% SAGA 0.400 +6.7%
Drill Results

Visionary Copper completes Pt. Leamington drill program

Visionary Concludes Expanded Phase 1 Drilling at Pt. Leamington as Kraken Discovery Awaits Final Assays

By The Northwire Desk — AI Analysis Apr 01, 2026 · 19:52 VCG · 0.79 Visionary Copper and Gold Mines Inc.
Executive Summary

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.

Material Impact

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.

VCG · Price
Company Overview

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.

Read the original news release →

More from Visionary Copper and Gold Mines Inc.

Oct 27, 2026 · 08:32

Visionary secures the Pt. Leamington down-plunge trend for nominal consideration.

M&A / Property Oct 22, 2026 · 08:32

Visionary advances VMS exploration at its Pt. Leamington project in Newfoundland through ongoing land consolidation efforts.

M&A / Property Oct 20, 2026 · 08:32

Manitoba permits Visionary to advance its high-grade Pine Bay project toward bulk sampling.

Resource Estimate Sep 22, 2026 · 08:31

Visionary secures down-plunge and southern trend targets at its Pt. Leamington VMS deposit.

Drill Results Sep 17, 2026 · 08:31

Visionary’s historical core resampling adds no new assays ahead of its planned 20,000m Phase 2 drilling program.

Drill Results Sep 10, 2026 · 08:31

Visionary launches a 20km Phase 2 drill program targeting resource upgrades and defining the Kraken zone.

Drill Results