News about Visionary Copper and Gold Mines Inc. (VCGMF) centers on its mineral exploration and financing activities in Canadian base and precious metals districts. The company issues updates on its portfolio of copper, gold, zinc, silver and lead projects, including the 100% owned Point Leamington Deposit in Newfoundland, the Pine Bay Project in the Flin Flon Mining District, and the Nash Creek Project in the Bathurst Mining District of New Brunswick.
Recent Visionary news has included announcements of non-brokered private placements using charity flow-through units and Manitoba charity flow-through units. These items detail the number of units issued, gross proceeds raised, warrant terms, resale restrictions and any finder’s fees. The company also reports on the intended use of proceeds, such as funding eligible Canadian exploration expenses that qualify as flow-through critical mineral mining expenditures for the Point Leamington Project.
Investors can also find news on corporate actions such as debt settlements, where Visionary has agreed with arm’s length creditors to settle outstanding indebtedness through the issuance of common shares, subject to TSX Venture Exchange acceptance and resale restrictions. Regulatory disclosures, including limitations on offering securities in the United States and statements about forward-looking information and associated risks, are typically included in these releases.
This news page provides a centralized view of Visionary’s public communications, from project-related milestones and resource disclosure references to capital raising and balance sheet management. Readers interested in the progress of its Canadian VMS and gold district projects, as well as the structure and terms of its financings, can review these updates and refer back to historical announcements over time.
Visionary Copper and Gold Mines (VCGMF) has acquired and staked approximately 3,575 hectares around its 100%-owned Pt. Leamington VMS deposit in Newfoundland, expanding its land position there to about 33,000 hectares.
The new ground covers the interpreted down-plunge projection of the deposit and a 3 km segment south along the Pt. Leamington Trend, where a prior airborne EM survey identified five isolated conductors on the same stratigraphic horizon as the deposit, two with historically reported massive sulphide boulders nearby. These targets will complement a planned 20,000-metre Phase 2 drilling program.
Under a purchase agreement for three mineral licences, Visionary will pay C$10,000, issue C$40,000 of common shares (subject to TSXV acceptance) and grant the vendor a 1% net smelter return royalty, buyable for C$1,000,000. Pt. Leamington hosts a pit-constrained Indicated resource of 5.0 Mt at 1.42% CuEq and total Inferred resources of 15.4 Mt at 1.32% CuEq.
Visionary Copper and Gold Mines (VCGMF) has launched a hyperspectral-guided review and sampling program on historic drill core at its 100%-owned Pt. Leamington VMS deposit in central Newfoundland.
The work targets up to 2,000 metres of preserved core from historical holes where broad sulphide stringer and alteration zones were incompletely sampled, including holes passing near Visionary’s newly discovered Kraken copper zone. Phase 1 drilling at Kraken returned intervals such as 22.5 m at 0.53% Cu, 41.5 m at 0.39% Cu and 75.8 m at 0.45% Cu, none of which are included in the 2021 Pt. Leamington resource estimate. The resampling will run alongside a planned 20,000-metre Phase 2 drill program, with results from both programs to be integrated into the three-dimensional geological model for potential future resource updates.
Visionary Copper and Gold Mines (VCGMF) plans a 20,000-metre Phase 2 diamond drill program at its 100%-owned Pt. Leamington VMS deposit in Newfoundland to expand and upgrade the existing Mineral Resource and further define the Kraken copper-rich footwall stringer zone.
The program aims to convert about 50% of the 13.7 Mt pit-constrained inferred resource to indicated through infill drilling, while testing extensions of both the massive sulphides and Kraken up-dip and along strike. Phase 1 drilling added over 1 km of strike to the massive sulphide system and discovered Kraken, with intercepts such as 75.8 m at 0.45% Cu and 52.7 m at 0.30% Cu. The current 2021 Pt. Leamington Mineral Resource totals 5.0 Mt indicated at 1.42% CuEq for 156.8 Mlb CuEq and 15.4 Mt inferred at 1.32% CuEq for 450.5 Mlb CuEq. Phase 2 results are expected to support a new Mineral Resource Estimate incorporating Kraken.
Visionary Copper and Gold Mines (VCGMF) received approval from the Newfoundland and Labrador Department of Energy and Mines for its 2026 Phase 2 diamond drilling program at the 100%-owned Pt. Leamington gold/copper/zinc/silver VMS deposit in Newfoundland.
Phase 2 drilling will focus on converting Inferred Mineral Resources to Indicated, expanding total Mineral Resources, and defining the scale and grade of the newly discovered, near-surface Kraken Zone, a copper-rich feeder system found in the 2026 Phase 1 program and not included in the 2021 Mineral Resource Estimate. Pt. Leamington currently hosts pit-constrained Indicated Mineral Resources of 5.0 Mt grading 1.42% CuEq for 156.8 Mlb CuEq, and total Inferred Mineral Resources of 15.4 Mt grading 1.32% CuEq for 450.5 Mlb CuEq, including pit and out-of-pit. The project has also been selected for the provincial Junior Exploration Assistance program, with an estimated C$96,118 rebate on eligible exploration expenditures.
Visionary Copper and Gold Mines (OTCQB: VCGMF) appointed geologist Jason Flight as Vice President of Exploration, bringing more than 15 years of VMS and mine-site experience from roles at companies including Galway Metals, Rambler Metals & Mining, Maritime Resources and others.
According to Visionary, Flight will lead Phase 2 drilling at the flagship Point Leamington VMS deposit in Newfoundland, targeting resource conversion, expansion, evaluation of the Kraken Zone and new discoveries. The company entered a one‑month investor relations agreement with X Media for a US$50,000 fee, subject to TSX Venture Exchange acceptance, and granted 160,000 stock options to an officer and a consultant at an exercise price of $1.25, vesting over 12 months and expiring in five years. The release also reiterates previously disclosed mineral resources at Point Leamington, the Rainbow and Pine Bay deposits, and economic metrics from the Nash Creek project PEA.
Visionary Copper and Gold Mines (OTCQB:VCGMF) started a systematic prospecting, rock and soil geochemistry program at its 100% owned Pt. Leamington project in central Newfoundland after receiving permits covering 21 mineral licenses (~30,000 ha).
Work targets five VMS-prospective areas near the existing multi-metal resource.
Visionary (OTCQB:VCGMF) reported multi-front progress at its 100%-owned Pt. Leamington VMS project in Newfoundland.
Phase 2 diamond drilling permits targeting resource upgrade/expansion, plus prospecting and ground geophysics permits over a newly expanded ~30,000 ha land package, have been submitted and field crews are mobilized.
Phase 1 drilling (10 holes) intersected base and precious metals mineralization in every Kraken Zone hole, including 75.8 m of 0.45% Cu (PL-112) and 52.7 m of 0.30% Cu (PL-115), and extended mineralization outside the existing resource.
The project is underpinned by a pit-constrained Indicated resource of 5.0 Mt at 2.5 g/t AuEq (402 koz AuEq) and pit-constrained Inferred of 13.7 Mt at 2.24 g/t AuEq (986.5 koz AuEq), plus an out-of-pit Inferred resource of 1.7 Mt at 3.06 g/t AuEq (168.5 koz AuEq).
Visionary (OTCQB:VCGMF) reported that The Quaternary Group Limited fully exercised 666,667 share purchase warrants at $1.10, generating about $733,334 in gross proceeds. Together with 208,800 open-market share purchases, Quaternary now holds 2,650,301 shares, or 11.24% of Visionary on both non-diluted and partially diluted bases.
Visionary (OTCQB:VCGMF) expanded its 100%-owned Pt. Leamington Project in central Newfoundland to nearly 30,000 hectares, consolidating a district-scale VMS land package that includes the historic Lewis Lake area.
Historic Billiton/Rubicon work outlined multiple untested EM/IP targets in a stratigraphy comparable to the Pt. Leamington VMS deposit, which hosts pit-constrained Indicated resources of 5.0 Mt at 2.5 g/t AuEq (402 koz AuEq) and Inferred resources of 13.7 Mt at 2.24 g/t AuEq (986.5 koz AuEq).
Planned work includes geological re-interpretation, geophysics, BPEM surveys and drilling of priority conductors.
Visionary Copper and Gold Mines (OTCQB:VCGMF) announced that The Quaternary Group Limited has become a significant shareholder, holding about 10.36% of shares on a partially diluted basis.
On May 7, 2026, Quaternary bought 100,000 shares at $0.72, now owning 1,774,834 shares and 666,667 warrants at $1.10 exercisable until December 18, 2027. An early warning report was filed under NI 62-103.