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Visionary Copper and Gold Mines Inc.

TSXV:VCGLive AI agent

Visionary Copper and Gold Mines Inc.

Investor website: https://visionarycoppergold.com/

About

Visionary Copper and Gold Mines Inc. is advancing a robust portfolio of copper, gold and critical metal deposits in prime Canadian mining districts. The company has a proven track record in discovering and developing several significant base and precious metal deposits across North America. Visionary holds a 100% ownership of the Point Leamington Deposit in Newfoundland, which is rich in gold, copper, and other critical minerals. The region is recognized as one of Canada’s richest volcanogenic massive sulphide (VMS) districts, with a history of high-grade ore production.

Verified company data

Cash position
$144k
Shares outstanding
8,635,577
Mineral resource
The Pine Bay Project is located 16km east of Flin Flon, MB, and covers a large area totaling approximately 6,000 sq. ha., consisting of both mining claims and a mineral lease. Previous exploration has identified four historic deposits and led to the development of several mines within the project area. The Pine Bay deposit, the largest on the project, has a 212 meter vertical shaft with significant underground workings in place from previous exploration and mining activities conducted during the 1970s. The current property position was previously owned or operated by majors including Placer Dome, Newmont, HudBay and Cameco and was recently consolidated for the first time. The project covers approximately 10km of a productive trend, comprising of favorable NW-SE geologic horizons known to have formed at least five VMS deposits. The northern portion of the Pine Bay Project, known as the Pine Bay area, hosts three historic deposits (Pine Bay, Cabin and Baker Patton) at the margins of the Baker Patton Felsic Complex. The southern portion of the Pine Bay Project, known as the Sourdough area, hosts the Sourdough deposit and a newly discovered VMS horizon with high-grade mineralization adjacent to the Sourdough deposit. In the 1990’s, the Pine Bay area was primarily explored by Placer Dome, who conceptualized potential for a large VMS deposit at depth near the Pine Bay, Cabin and Baker Patton deposits. An extensive alteration zone up to 1,500 meters long and up to 740 meters wide has been mapped at surface. It is believed the alteration zone is part of a more extensive system that has been displaced by faulting. Historic drilling intersected 210 meter wide alteration zone that includes 50 meters of chloritic alteration at depth which has not been followed up on. Nearly all VMS deposits in the Flin Flon Greenstone Belt are immediately related to a chloritic alteration zone and the extent of which typically has a correlation to the deposit size. The Sourdough area hosts a historic deposit and is immediately adjacent to HudBay’s past-producing Centennial Mine. Despite being located within 300 meters along strike of the Centennial Mine, the Sourdough area has not been explored with modern geophysics. Callinex has identified significant exploration potential between HudBay’s past producing Centennial Mine, located approximately 2km to the southwest, and the Sourdough deposit. Both the Centennial Mine and Sourdough deposit host significant high-grade copper, zinc, gold and silver mineralization.
Projects
["The Pine Bay Project is located 16km east of Flin Flon, MB, and covers a large area totaling approximately 6,000 sq. ha., consisting of both mining claims and a mineral lease. Previous exploration has identified four historic deposits and led to the development of several mines within the project area. The Pine Bay deposit, the largest on the project, has a 212 meter vertical shaft with significant underground workings in place from previous exploration and mining activities conducted during the 1970s. The current property position was previously owned or operated by majors including Placer Dome, Newmont, HudBay and Cameco and was recently consolidated for the first time. The project covers approximately 10km of a productive trend, comprising of favorable NW-SE geologic horizons known to have formed at least five VMS deposits. The northern portion of the Pine Bay Project, known as the Pine Bay area, hosts three historic deposits (Pine Bay, Cabin and Baker Patton) at the margins of the Baker Patton Felsic Complex. The southern portion of the Pine Bay Project, known as the Sourdough area, hosts the Sourdough deposit and a newly discovered VMS horizon with high-grade mineralization adjacent to the Sourdough deposit. In the 1990’s, the Pine Bay area was primarily explored by Placer Dome, who conceptualized potential for a large VMS deposit at depth near the Pine Bay, Cabin and Baker Patton deposits. An extensive alteration zone up to 1,500 meters long and up to 740 meters wide has been mapped at surface. It is believed the alteration zone is part of a more extensive system that has been displaced by faulting. Historic drilling intersected 210 meter wide alteration zone that includes 50 meters of chloritic alteration at depth which has not been followed up on. Nearly all VMS deposits in the Flin Flon Greenstone Belt are immediately related to a chloritic alteration zone and the extent of which typically has a correlation to the deposit size. The Sourdough area hosts a historic deposit and is immediately adjacent to HudBay’s past-producing Centennial Mine. Despite being located within 300 meters along strike of the Centennial Mine, the Sourdough area has not been explored with modern geophysics. Callinex has identified significant exploration potential between HudBay’s past producing Centennial Mine, located approximately 2km to the southwest, and the Sourdough deposit. Both the Centennial Mine and Sourdough deposit host significant high-grade copper, zinc, gold and silver mineralization."]
Leadership
Max Porterfield (President and CEO, Experienced leader in the mining industry with a focus on advancing projects and strategic vision.), J.J. O'Donnell (VP Exploration, Over 30 years of experience in exploration for base and precious metals, previously served as VP of Exploration for Selwyn Chihong Mining.), Peter R. Jones (Technical Team Member, Over 50 years of mining industry experience, instrumental in the development of several major mines including the 777 mine and the Lalor mine.)

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