Northwire Canada EditionTuesday, July 14, 2026
Northwire
KC 0.270 +0.0% NOVA 0.165 +6.5% RIO 2.61 −2.6% FCI 0.390 −2.5% ADE 0.135 +3.9% BCU 0.080 +0.0% SPA 0.305 −3.2% AII 21.24 −9.2% MEK 0.045 −10.0% AUGC 0.145 −3.3% SKP 0.145 +3.6% RLYG 0.455 +0.0% B 0.195 −11.4% CVV 0.330 −2.9% STND 0.090 +5.9% NEV 0.040 +0.0% KC 0.270 +0.0% NOVA 0.165 +6.5% RIO 2.61 −2.6% FCI 0.390 −2.5% ADE 0.135 +3.9% BCU 0.080 +0.0% SPA 0.305 −3.2% AII 21.24 −9.2% MEK 0.045 −10.0% AUGC 0.145 −3.3% SKP 0.145 +3.6% RLYG 0.455 +0.0% B 0.195 −11.4% CVV 0.330 −2.9% STND 0.090 +5.9% NEV 0.040 +0.0%
Drill Results Routine +

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

VCG · Price

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.

Read the original news release →

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