Business
Visionary Commences Phase 1 Exploration Drilling at the Gold/Copper/Zinc/Silver Pt. Leamington Deposit in Central Newfoundland
Vancouver, British Columbia--(Newsfile Corp. - February 3, 2026) - Visionary Copper and Gold Min...
About this update from Visionary Copper And Gold Mines Inc.
[{"type":"text","content":"Visionary Commences Phase 1 Exploration Drilling at the Gold/Copper/Zinc/Silver Pt. Leamington Deposit in Central NewfoundlandVancouver, British Columbia--(Newsfile Corp. - February 3, 2026) - Visionary Copper and Gold Mines Inc. (TSXV: VCG) (OTCQB: VCGMF) (the \"Company\" or \"Visionary\") is pleased to announce that it has commenced the fully funded 2026 Phase 1 exploration program at the 100% owned Pt. Leamington Project (the \"Project\") located in Central Newfoundland. The Project is accessible by road and trails, approximately 18km and 37km from the towns of Pt. Leamington and Grand Falls-Windsor and 20km from the provincial power grid. Max Porterfield, President and CEO, stated, \"We are excited to drill test high-priority, near surface, targets that our team has outlined.\" Mr. Porterfield continued, \"Each target has the potential to significantly expand the sizable gold, copper, zinc and silver rich mineral resource already defined at Point Leamington.\"The 3,000m drill program, the first exploration drilling at the Project in over two decades, will focus on resource expansion, and identifying higher grade zones and strike extensions of the deposit (the \"Deposit\"), which includes:A, pit constrained, Indicated Mineral Resource of 5.0 Mt grading 2.5 g/t AuEq with 402 koz AuEq (comprising 145.7 koz gold, 2.0 Moz silver, 60.0 Mlb copper, 153.5 Mlb zinc and 1.5 Mlb lead);A pit constrained Inferred Mineral Resource of 13.7 Mt grading 2.24 g/t AuEq with 986.5 koz AuEq (comprising 354.8 koz gold, 6.2 Moz silver, 110.2 Mlb copper, 527.3 Mlb zinc, 7.0 Mlb lead); andAn out-of-pit Inferred Mineral Resource of 1.7 Mt grading 3.06 g/t AuEq with 168.5 koz AuEq (comprising 65.4 koz gold, 1.4 Moz Ag, 13.3 Mlb copper, 102.9 Mlb zinc, 2.6 Mlb lead). (see news release dated October 25, 2021)Pt. Leamington Deposit Expansion Along Strike to the SouthDrilling started on a 300m drill hole testing the extension of the Deposit along strike to the south with two drill holes planned to test key areas with the potential to double the strike extent of the Deposit near surface to nearly 1.2km (Pt Leamington Deposit Plan View with Electromagnetics).The Deposit's current strike extent is 560m, remaining open to the south. During the last exploration drill program in 2004, the South Zone, highlighted by hole PL-073 which intersected 6.73m of 0.1...