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 (OTCQB:VCGMF) reported Phase 1 drilling results at its 100%-owned Pt. Leamington project in Newfoundland. Drilling extended mineralization over >800m and confirmed copper- and zinc-bearing mineralization in all holes targeting the new Kraken horizon.
Key intervals include PL-112 with 75.8m of 0.45% Cu and 23.5m of 0.43% Cu, and PL-118 with 41.5m of 0.39% Cu including 7.5m of 0.89% Cu. Existing resources total 5.0 Mt Indicated at 2.5 g/t AuEq and 15.4 Mt Inferred (pit and out-of-pit) between 2.24–3.06 g/t AuEq.
Visionary (OTCQB: VCGMF) completed an expanded Phase 1 drilling campaign at the 100% owned Pt. Leamington VMS deposit in Central Newfoundland on April 1, 2026. Ten holes totaling 3,556 m were drilled, exceeding the planned 3,000 m program.
Two holes (PL-111, PL-112) report initial assays; eight holes remain pending, including seven testing the newly discovered Kraken copper zone. PL-112 intersected 75.8 m of 0.45% Cu and 23.5 m of 0.43% Cu outside the existing resource. Kraken assay results are anticipated before the end of April.
Visionary Copper and Gold Mines (OTCQB: VCGMF) reported results of its Annual General Meeting held March 19, 2026, where shareholders approved director re-elections, appointment of auditors, a 10% rolling stock option plan, and downward repricing of 261,667 insider options (subject to TSXV acceptance).
The company also disclosed investor relations agreements totaling $120,000 in one-time fees and grants of 250,000 stock options to three firms, with vesting and five-year exercisability terms.
Visionary (OTCQB: VCGMF) reported Phase 1 drill results at the Pt. Leamington project on March 2, 2026, including discovery of the new Kraken copper zone.
Key intercepts: PL-112 returned 51.9m of 0.46 g/t Au and 75.8m of 0.45% Cu; PL-111 extended strike with 2.8m of 1.20 g/t Au. True widths remain unknown; step-out drilling and metallurgical testwork are ongoing.
Visionary Copper and Gold Mines (OTCQB: VCGMF) has started a fully funded 3,000m Phase 1 drill program at its 100% owned Pt. Leamington project in central Newfoundland, targeting near-surface extensions and higher-grade zones to expand an existing resource.
The Deposit hosts pit-constrained Indicated 5.0 Mt @ 2.5 g/t AuEq (402 koz AuEq) and inferred material totaling 15.4 Mt plus out-of-pit zones; initial holes test a 300m southern strike extension and a conductive airborne EM anomaly.
Visionary Copper and Gold Mines (OTCQB: VCGMF) announced its annual letter dated January 19, 2026, outlining an imminent exploration campaign at the Pt. Leamington polymetallic deposit in Newfoundland and ongoing advancement of the high-grade Rainbow and Pine Bay projects in Manitoba. Pt. Leamington hosts a pit-constrained Indicated resource of 5.0 Mt @ 2.5 g/t AuEq (402 koz AuEq), a pit-constrained Inferred resource of 13.7 Mt @ 2.24 g/t AuEq (986.5 koz AuEq), and an out-of-pit Inferred resource of 1.7 Mt @ 3.06 g/t AuEq (168.5 koz AuEq). A drill is being mobilized, metallurgical testing is planned, and the company aims to update the NI 43-101 and commence a PEA. Rainbow awaits an Advanced Exploration Permit.
Visionary Copper and Gold Mines (OTCQX: VCGMF, TSXV: VCG) closed the second and final tranche of a non-brokered private placement on December 19, 2025, raising a total of $3,040,262 across both tranches.
The company issued 1,600,510 flow-through units (1,333,334 FT Units and 267,176 MB FT Units) and attached 0.5 warrants per unit exercisable at C$1.10 for two years with an acceleration clause at C$1.50 VWAP for 10 consecutive trading days. Gross proceeds will fund Canadian exploration expenses renounced effective December 31, 2025, for the Point Leamington project.
The company also agreed to settle $584,532 of debt by issuing 446,043 common shares, subject to TSXV acceptance and four-month resale restrictions on issued securities.