Visionary Metals Corp Selects Geotech to Conduct Airborne VTEM Survey Targeting Nickel Sulfide Discoveries in Wyoming's Granite Mountains
Visionary Metals Corp (TSXV: VIZ) has contracted Geotech Ltd. to conduct a Versatile Time-Domain Electromagnetic (VTEM) survey across its 40 km² land package in Wyoming's Granite Mountains. The survey represents the first step in Visionary's Strategic Exploration Alliance with Teck Resources Limited.
The VTEM survey will focus on two key areas: the Tin Cup project, featuring a 4.3km by 150m peridotite intrusion, and the King Solomon project, where Wyoming's first nickel sulfide discovery was made in 2022. Flight lines will be conducted at 100m spacing for these primary targets and 200m spacing for earlier-stage targets.
The technology can detect conductive mineral deposits up to 400m deep, with Teck assisting in data interpretation. The company's properties are situated in Wyoming's Archean greenstone belt, sharing geological characteristics with notable nickel provinces like Australia's Yilgarn Craton.
Visionary Metals Corp (TSXV: VIZ) ha incaricato Geotech Ltd. per eseguire un'indagine VTEM (Versatile Time-Domain Electromagnetic) sull'area di 40 km² che possiede nelle Granite Mountains del Wyoming. Questa indagine rappresenta il primo passo della Strategic Exploration Alliance con Teck Resources Limited.
La survey VTEM si concentrerà su due aree principali: il progetto Tin Cup, che include un'intrusione di peridotite di 4,3 km per 150 m, e il progetto King Solomon, dove nel 2022 è stata fatta la prima scoperta di solfuri di nichel nel Wyoming. Le linee di volo saranno a 100 m di passo per questi target principali e a 200 m per i target in fase più preliminare.
La tecnologia può individuare corpi mineralizzati conduttivi fino a 400 m di profondità, con il supporto di Teck nell'interpretazione dei dati. Le proprietà si trovano nella cintura di greenstone arcaica del Wyoming, con caratteristiche geologiche simili a province di nichel note come il Cratone Yilgarn in Australia.
Visionary Metals Corp (TSXV: VIZ) ha contratado a Geotech Ltd. para realizar una encuesta VTEM (Versatile Time-Domain Electromagnetic) sobre su paquete de tierras de 40 km² en las Granite Mountains de Wyoming. La encuesta constituye el primer paso de la Strategic Exploration Alliance con Teck Resources Limited.
La encuesta VTEM se centrará en dos áreas clave: el proyecto Tin Cup, que presenta una intrusión de peridotita de 4,3 km por 150 m, y el proyecto King Solomon, donde en 2022 se hizo el primer hallazgo de sulfuros de níquel en Wyoming. Las líneas de vuelo tendrán un espaciado de 100 m para estos objetivos principales y de 200 m para objetivos en etapa más temprana.
La tecnología puede detectar depósitos minerales conductores hasta 400 m de profundidad, con Teck colaborando en la interpretación de los datos. Las propiedades están situadas en la franja de greenstone arcaica de Wyoming, con características geológicas semejantes a provincias de níquel destacadas como el Cratón Yilgarn de Australia.
Visionary Metals Corp (TSXV: VIZ)는 Wyoming의 Granite Mountains에 있는 40 km² 규모의 토지에 대해 VTEM(다목적 시변 전자기) 조사를 수행하기 위해 Geotech Ltd.와 계약을 체결했습니다. 이번 조사 는 Teck Resources Limited와의 전략적 탐사 제휴의 첫 단계입니다.
VTEM 조사는 두 개의 핵심 지역에 초점을 맞춥니다: 길이 4.3km, 폭 150m의 페리도타이트 관입이 존재하는 Tin Cup 프로젝트와 2022년에 Wyoming에서 처음으로 니켈 황화물이 발견된 King Solomon 프로젝트. 주요 표적에는 비행선로 간격을 100m로 하고, 초기 단계 표적에는 200m로 설정합니다.
이 기술은 최대 400m 깊이의 전도성 광체를 탐지할 수 있으며, 데이터 해석에는 Teck이 참여합니다. 해당 자산은 Wyoming의 고대(Archean) 그린스톤 벨트에 위치해 있으며, 호주의 Yilgarn Craton과 같은 주요 니켈 광상과 유사한 지질학적 특성을 공유합니다.
Visionary Metals Corp (TSXV: VIZ) a mandaté Geotech Ltd. pour réaliser une enquête VTEM (Versatile Time-Domain Electromagnetic) sur son ensemble foncier de 40 km² dans les Granite Mountains du Wyoming. Cette enquête constitue la première étape de l'Alliance d'exploration stratégique avec Teck Resources Limited.
La prospection VTEM ciblera deux zones principales : le projet Tin Cup, qui comprend une intrusion de péridotite de 4,3 km sur 150 m, et le projet King Solomon, où la première découverte de sulfures de nickel du Wyoming a été faite en 2022. Les lignes de vol seront espacées de 100 m pour ces cibles prioritaires et de 200 m pour les cibles en phase préliminaire.
La technologie peut détecter des gisements conducteurs jusqu'à 400 m de profondeur, Teck participant à l'interprétation des données. Les propriétés sont situées dans la ceinture de greenstone archéenne du Wyoming et présentent des caractéristiques géologiques similaires à des provinces nickelifères renommées comme le craton Yilgarn en Australie.
Visionary Metals Corp (TSXV: VIZ) hat Geotech Ltd. beauftragt, eine VTEM (Versatile Time-Domain Electromagnetic)-Messung über sein 40 km² großes Grundstück in den Granite Mountains, Wyoming, durchzuführen. Die Vermessung ist der erste Schritt der Strategic Exploration Alliance mit Teck Resources Limited.
Die VTEM-Untersuchung konzentriert sich auf zwei Hauptgebiete: das Tin Cup-Projekt mit einer Peridotit-Intrusion von 4,3 km Länge und 150 m Breite sowie das King Solomon-Projekt, in dem 2022 der erste Nickel-Sulfid-Fund in Wyoming gemacht wurde. Fluglinien werden für diese primären Ziele in 100-m-Abständen und für frühphasige Ziele in 200-m-Abständen geflogen.
Die Technologie kann leitfähige Lagerstätten bis in 400 m Tiefe erkennen; Teck unterstützt bei der Dateninterpretation. Die Liegenschaften liegen im archaischen Greenstone-Gürtel Wyomings und weisen geologische Parallelen zu bekannten Nickelprovinzen wie dem Yilgarn-Kraton in Australien auf.
- Strategic Exploration Alliance with major mining company Teck Resources Limited
- Company owns Wyoming's first nickel sulfide discovery from 2022
- Advanced VTEM technology capable of detecting deposits up to 400m deep
- Existing drill permits in place at King Solomon project
- None.
Vancouver, British Columbia--(Newsfile Corp. - August 18, 2025) - Visionary Metals Corp. (TSXV: VIZ) ("Visionary" or the "Company") is pleased to announce that it has contracted Geotech Ltd. ("Geotech") to conduct a Versatile Time-Domain Electromagnetic (VTEM) survey across its 40 km² land package in Wyoming's Granite Mountains. The VTEM survey, scheduled to begin this month, is designed to detect possible sulfide mineralization in outcrop and under post-Archean cover occurrences at depth and marks the first step in Visionary's recently announced, strategic Exploration Alliance with Teck Resources Limited ("Teck") to advance nickel exploration in Wyoming (See July 31st, 2025, Press Release).
"The VTEM survey is a significant first step as part of our recently announced Strategic Exploration Alliance with Teck," commented Wes Adams, CEO of Visionary Metals Corp. "Geotech's state-of-the-art data collection systems will significantly enhance our ability to detect conductive sulfide zones at depth at our flagship Tin Cup and King Solomon nickel projects and allow us to test additional regional prospects."
The VTEM survey will collect data from Visionary's entire 40 km² land package in Fremont County, Wyoming. It will focus on the Tin Cup project, where a 4.3-kilometer (km) by 150-meter (m) peridotite intrusion is in contact with sulfidic iron formation indicating strong nickel sulfide potential, and the King Solomon project, where Visionary made Wyoming's first nickel sulfide discovery in 2022. Flight lines will be flown at 100 m line spacing in these two areas to generate high resolution data for drill targeting and 200 m spaced lines will be used to test sulfide potential at earlier stage targets within Visionary's 40 km2 land package. Visionary has existing drill permits in place at King Solomon and plans to apply for new drill notifications at Tin Cup following interpretation of the VTEM survey data.
Regional Geology
Visionary's properties are located within Wyoming's Archean greenstone belt, which share several geological characteristics with other renowned nickel provinces, such as the Yilgarn Craton, in Australia. The VTEM survey is designed to detect conductive anomalies indicative of high-grade nickel sulfide deposits to depths up to 400 m. Teck will assist with data interpretation. Geotech's VTEM system is a leading airborne electromagnetic tool, renowned for detecting conductive mineral deposits like nickel sulfides at depths up to 400 meters. VTEM induces currents in subsurface conductors, mapping their size and location. This technology is particularly effective for identifying nickel sulfide systems in ultramafic rocks like peridotites, which are prevalent in Visionary's land package and thought to be analogous to other nickel districts of Archean age.
About Visionary Metals Corp.
Visionary Metals Corp. (TSXV: VIZ) is a Vancouver-based exploration company focused on base and precious metals exploration in Fremont County, Wyoming. With a 40 km² land package in the Granite Mountains, Visionary is advancing nickel, copper, gold, and cobalt projects, highlighted by Wyoming's first nickel discovery at King Solomon in 2022. The Company's exploration targets mirror the geological framework of Western Australia's Yilgarn Craton, positioning Visionary as a leader in Wyoming's nickel frontier.
About Geotech Ltd.
Geotech Ltd., based in Aurora, Ontario, is a global leader in airborne geophysical surveys, incorporated in 1981. Its proprietary VTEM system has mapped over two million line-kilometers worldwide, enabling the discovery of conductive mineral deposits like nickel, copper, and gold with unmatched precision.
Summary of Strategic Exploration Alliance with Teck
- Initial Funding: On August 1st, 2025, Teck bought 17,392,193 common shares of Visionary via private placement at
$0.07 per share, providing$1,217,454 in gross proceeds, representing9.9% of Visionary's issued and outstanding shares on a non-diluted basis. These proceeds will be used to fund initial exploration activities. - Subsequent Funding: If Visionary completes an additional equity financing during the Alliance term, Teck may invest up to
$500,000 on terms no less favorable than other investors, potentially increasing its ownership up to19.9% on a partially diluted basis, subject to TSX Venture Exchange approval. - Exploration Program: Visionary will manage exploration programs, incurring expenditures equal to or exceeding the combined proceeds from Teck's investment and any government grants during the Alliance period (ending December 31, 2026, subject to extensions). Teck may fund additional exploration through optional three-month extensions, contributing
$300,000 per extension. - Option for Teck: Teck has the exclusive option to earn a
70% interest in designated properties by incurring exploration expenditures within three years of designation, as follows:- Diamond Springs Property:
$4,000,000 , including a firm commitment of$500,000 within one year of designation. - King Solomon or Tin Cup Properties:
$6,000,000 each, including a firm commitment of$750,000 within one year of designation. - Newly Designated Properties:
$500,000 , including a firm commitment of$100,000 within one year of designation. - Upon exercising the option, Teck will own
70% and Visionary30% of the designated property, and the parties will form a joint venture. If Teck completes50% of the required expenditures, but does not exercise the option, it will receive a1% net smelter return ("NSR") royalty and rights to50% of future concentrate production from the property.
- Diamond Springs Property:
- Joint Venture Terms: Post-option exercise, each party will fund its pro-rata share of expenditures, with dilution for non-contribution. If a party's interest falls below
20% , it converts to a2% NSR royalty, with a buy-back right for1% at US$4,000,000. T he majority interest holder will operate the joint venture. - Technical Oversight: A Technical Committee, with two representatives each from Visionary and Teck, will oversee exploration programs, with Teck holding a tie-breaking vote to ensure efficient decision-making.
For further information, please contact:
Wes Adams, CEO
Visionary Metals Corp.
407-325 Howe Street
Vancouver, BC V6C 1Z7
Tel: (303) 809-4668
Email: wadams@visionarymetalscorp.com
Cautionary Statement Regarding Forward-Looking Information
This news release contains statements that constitute "forward-looking statements." Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements, or developments in the industry to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," "potential" and similar expressions, or that events or conditions "will," "would," "may," "could" or "should" occur.
Forward-looking statements in this document include statements regarding the Company's expectations regarding the commencement and timing of the VTEMs survey as well as the efficacy thereof, subsequent funding, the completion of exploration activities, the exercise of any option by Teck and the funding related thereto and the entering into of any joint venture, the use of proceeds from any funding and other statements that are not historical facts. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors and risks include, among others: the Company may choose to defer, accelerate or abandon its exploration plans; Teck may choose not to exercise any option; new laws or regulations and/or unforeseen events could adversely affect the Company's business and results of operations; stock markets have experienced volatility that often has been unrelated to the performance of companies and such volatility may adversely affect the price of the Company's securities regardless of its operating performance risks generally associated with the exploration for and production of resources; the uncertainty of estimates and projections relating to expenses; constraint in the availability of services; commodity price and exchange rate fluctuations; adverse weather conditions; and uncertainties resulting from potential delays or changes in plans with respect to exploration or development projects or capital expenditures.
When relying on forward-looking statements and information to make decisions, investors and others should carefully consider the foregoing factors and risks and other uncertainties and potential events. The Company has assumed that the material factors referred to in the previous paragraphs will not cause such forward-looking statements and information to differ materially from actual results or events. However, the list of these factors is not exhaustive and is subject to change and there can be no assurance that such assumptions will reflect the actual outcome of such items or factors. The reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this press release are expressly qualified by this cautionary statement. The forward-looking statements contained in this press release are made as of the date of this press release. The Company does not intend, and expressly disclaims any intention or obligation to, update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by law.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/262612
FAQ
What is the purpose of Visionary Metals' VTEM survey in Wyoming's Granite Mountains?
Where are Visionary Metals' key nickel exploration projects located?
What is the significance of Visionary Metals' partnership with Teck Resources?
How deep can the VTEM survey detect mineral deposits?
What are the flight line specifications for Visionary Metals' VTEM survey?
