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Visionary Mobilizes Rig to Commence Historic First Ever Drill Program at Wolf Gold Project in Lewiston Gold District

Vancouver, British Columbia--(Newsfile Corp. - August 4, 2021) - Visionary Gold Corp. (TSXV: V...

articleVisionary Metals CorpAugust 4, 20214/company/visionary-gold-corp/news/visionary-mobilizes-rig-to-commence-historic-first-ever-drill-program-at-wolf-gold-project-in-lewiston-gold-district
Visionary Mobilizes Rig to Commence Historic First Ever Drill Program at Wolf Gold Project in Lewiston Gold District

About this update from Visionary Metals Corp

[{"type":"text","content":"Visionary Mobilizes Rig to Commence Historic First Ever Drill Program at Wolf Gold Project in Lewiston Gold DistrictVancouver, British Columbia--(Newsfile Corp. - August 4, 2021) - Visionary Gold Corp. (TSXV: VIZ) (\"Visionary\" or the \"Company\") is pleased to announce that it has received all necessary federal and state authorizations for its 3,500 metre (m) drill program at its 100% owned Wolf gold project in Fremont County Wyoming. Equipment is currently being mobilized and drilling is expected to commence immediately. This initial drill program is designed to test up to 1 kilometre (km) of a 2.5 km surface gold anomaly that is believed to be associated with the Wolf shear zone, where Visionary sampled 5.19 grams per tonne (g/t) over 10.25m including 39.19 g/t over 1m in a channel sample across the strike of the shear.Visionary CEO Wes Adams comments, \"Permitting the first ever drill program in the Lewiston Gold District is an important milestone for Visionary and we are excited about our targets at the Wolf Gold Project. We are thrilled with the quality of work being done by our exploration team and are looking forward to being the first company to drill in this historically productive gold district. We look forward to providing updates on drilling at Wolf as well as summarizing exploration progress on both new and existing prospects in the coming weeks and months.\"Additionally, Visionary is granting 1,000,000 options including 150,000 to investor relations consulting firms and 50,000 to insiders of the Company at an exercise price of $0.195 CDN per Option. Options vest as to 25% on each of the date of grant and the three, six and nine month anniversaries of the grant date. The Options expire on August 4th, 2023.About Visionary Gold Corp.Visionary Gold Corp is a Vancouver-based mineral exploration company focused on precious metals discovery and development in the historically productive Lewiston gold district of Fremont County, Wyoming, a district that, while having a strong gold mining history, has never been explored using modern techniques. The Company now controls a 50 square kilometre land package with numerous high potential, drill ready targets.For further information, please visit the company website at: www.visionarygoldcorp.comContact:Wes Adams, Chief Executive OfficerVisionary Gold Corp.410-325 Howe...

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