Drill Results
Visionary Concludes Expanded Phase 1 Drilling Campaign at its Pt. Leamington Deposit, Central Newfoundland

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Executive Summary
- Visionary Copper and Gold Mines completed an expanded Phase 1 drilling program at the Pt. Leamington deposit, totaling 10 holes and 3,556 m – exceeding the originally announced 7‑hole, 3,000 m plan.
- Seven of the ten holes were drilled to test the newly discovered Kraken copper zone; assay results for these holes are pending but expected by end‑April.
- Initial drill hole PL‑112 intersected a significant copper lens (75.8 m @ 0.45 % Cu and an additional 23.5 m @ 0.43 % Cu), indicating potential near‑surface resource expansion outside the current pit shell.
Key Details
- Program Scope: 10 drill holes, 3,556 m total depth (original plan was 7 holes, 3,000 m).
- Assay Status: 2 holes (PL‑111, PL‑112) have results reported; 8 holes remain pending assay.
- Kraken Copper Zone:
- First identified in hole PL‑112 with intersect: 75.8 m @ 0.45 % Cu (248.2–324 m) and 23.5 m @ 0.43 % Cu (342–365.5 m).
- Seven holes (PL‑114 to PL‑119) specifically target this zone; results anticipated before end of April 2026.
- Resource Expansion Targets: Holes PL‑111, PL‑113, PL‑120 focus on extending the existing resource footprint.
- Drill Hole Summary:
| Hole | Length (m) | Target / Zone | Assay Status |
|---|---|---|---|
| PL-111 | 363 | Resource Expansion | Results Reported – Extended Strike |
| PL-112 | 444 | Kraken Discovery | Results Reported – Kraken Discovery |
| PL-113 | 263 | Resource Expansion | Pending Assay |
| PL-114 | 304 | Kraken Copper Lens | Pending Assay |
| PL-115 | 330 | Kraken Copper Lens | Pending Assay |
| PL-116 | 505 | Kraken Copper Lens | Pending Assay |
| PL-117 | 255 | Kraken Copper Lens | Pending Assay |
| PL-118 | 364 | Kraken Copper Lens | Pending Assay |
| PL-119 | 396 | Kraken Copper Lens | Pending Assay |
| PL-120 | 333 | Resource Expansion | Pending Assay |
- Geological Significance: The Kraken zone lies outside the current pit‑constrained resource and could add near‑surface copper tonnage, potentially expanding the open‑pit shell.
- Qualified Person Review: Technical information reviewed and approved by Aaryn Hutchins, P.Geo, independent qualified person under NI 43‑101.
Notable Quotes
“What began as a 3,000‑meter program to test key target areas quickly evolved with the exciting discovery of the Kraken copper zone… I believe the results will further demonstrate the copper endowment at Pt. Leamington.” – Max Porterfield, President & CEO
All forward‑looking statements are subject to known and unknown risks, including the timing and outcomes of pending assay results.
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Jun 18, 2026 · 08:31