Visionary Copper & Gold Mines (TSXV:VGC) - Pitch Perfect

Visionary Copper and Gold: 2026 Exploration & Development Update

Key Concepts:

• Point Leington Deposit: A poly-metallic (gold, copper, zinc, silver) deposit in Newfoundland, Canada, with existing resources and advanced permitting.
• Mass Sulfide Deposit: A type of ore deposit formed by sulfide minerals, often associated with volcanic or sedimentary rocks.
• Gold Equivalent (g/t AuEq): A standardized measure used to express the combined value of different metals (gold, silver, copper, zinc) in terms of gold.
• Indicated & Inferred Resources: Categories of mineral resources based on geological confidence – Indicated resources have a higher level of confidence than Inferred.
• Footwall Zone: The geological layer beneath a mineral deposit, often a target for additional mineralization.
• Airborne Electromagnetics (EM): A geophysical technique used to identify conductive bodies in the subsurface, potentially indicating sulfide mineralization.
• Preliminary Economic Assessment (PEA): An initial study to determine the economic viability of a mining project.
• Mineral Lease: A contract granting the rights to explore and develop mineral resources on a specific piece of land.

1. Point Leington Deposit Overview & Historical Context

Visionary Copper and Gold is focusing its 2026 efforts on the Point Leington deposit, located 35 km north of Grand Falls, Windsor, and 20 km from the community of Point Leington in the province of Newfoundland, Canada. The deposit is notable for its poly-metallic nature, containing gold, copper, zinc, and silver. It hasn’t undergone modern exploration since the early 2000s, presenting a significant opportunity for resource expansion.

The deposit was initially discovered in 1971 by Niranda and subsequently explored by companies including Rubicon and BHP (who held the property from 1999-2001). The last drilling occurred in 2004, with subsequent work limited to airborne electromagnetic surveys. The deposit benefits from being located within an existing mineral lease, meaning advanced permitting is already in place. Currently, Point Leington is considered one of the largest unmined mass sulfide deposits on the island of Newfoundland.

2. Current Resource Estimate & Metal Content

As of today, the Point Leington deposit contains a pit-constrained mineral resource estimate of:

• Indicated Resource: 5 million tons at 2.5 grams per ton gold equivalent (g/t AuEq).
• Inferred Resource: Just under 14 million tons at 2.24 g/t AuEq.

This resource comprises:

• Over 500,000 ounces of gold
• 8 million ounces of silver
• 170 million pounds of copper
• 700 million pounds of zinc.

The majority of the resource is located within a pit, and the company aims to significantly expand this resource through exploration. The deposit has been drilled to a depth of 350 meters.

3. Phase 1 & 2 Exploration Plans (2026)

Visionary Copper and Gold is initiating a two-phase exploration campaign in 2026.

• Phase 1 (Imminent Start): Focuses on near-surface exploration to expand the existing resource. Key targets include:
  • Southern Strike Extension: Extending the deposit along strike to the south, leveraging modern airborne EM anomalies. The current strike extent is over 500m, with potential to exceed 1km.
  • Lower Footwall Zone: Investigating a potentially mineralized zone in the lower footwall, inspired by the success at the Ming deposit.
• Phase 2: Will build upon Phase 1, aiming to define and upgrade the current resource, and delineate new discoveries made during Phase 1.

Drilling will commence with green drill traces targeting the footwall zone to expand copper rich mineralization.

4. Footwall Zone Potential & Ming Deposit Analogy

A key exploration target is the lower footwall zone. The company draws a parallel to the Ming deposit, which grew from 4 million tons to over 50-60 million tons, largely due to expansion in its lower footwall horizon containing high-grade copper mineralization. Historically, the Point Leington deposit’s footwall zone wasn’t fully explored, presenting a significant opportunity for resource growth. Existing drill intervals have already shown wide intervals of copper mineralization in this zone, which are not currently included in the resource estimate.

5. Metallurgical Testing & Preliminary Economic Assessment (PEA)

As the year progresses, Visionary Copper and Gold will initiate metallurgical testing and mineralogical work to support an upgraded resource estimate. This work will ultimately contribute to a Preliminary Economic Assessment (PEA) to evaluate the economic viability of the deposit.

6. Manitoba Assets & Permitting Progress

Beyond Newfoundland, Visionary Copper and Gold holds high-grade copper deposits (Rainbow and Pine Bay) in Manitoba. An advanced exploration permit for these deposits was submitted approximately 8 months ago and is currently under review. In 2026, the company will continue environmental work and community engagement to prepare for submission of an environmental act permit, which is required for full-scale production.

7. Company Structure & Outlook

Visionary Copper and Gold has a tight capital structure with 22.5 million shares outstanding. Management, including President & CEO Max Porterfield (holding just shy of 6%), are significant shareholders, demonstrating a strong commitment to the company’s success. The company is entering 2026 with momentum, focusing on rapid resource growth at Point Leington while continuing development work in Manitoba.

8. Notable Quote

“Point Leington really is an amazing exploration opportunity. We’re starting with a sizable mass of sulfide deposit that again has been advanced but hasn’t been advanced with modern context, modern technology like geophysics to help aid in the growth of that resource.” – Max Porterfield, President & CEO, Visionary Copper and Gold.

9. Logical Connections

The presentation logically progresses from an overview of the Point Leington deposit and its historical context, to a detailed explanation of the current resource estimate and the planned exploration strategy. The analogy to the Ming deposit effectively illustrates the potential for significant resource growth in the footwall zone. The discussion of Manitoba assets provides context for the company’s broader portfolio and long-term development plans.

Synthesis/Conclusion:

Visionary Copper and Gold is poised for a potentially transformative 2026, centered around aggressive exploration at the Point Leington deposit in Newfoundland. The deposit’s existing resource, advanced permitting, and the potential for significant expansion – particularly in the under-explored footwall zone – present a compelling opportunity. Coupled with ongoing development work in Manitoba, the company is strategically positioned for growth and value creation. The focus on modern exploration techniques and a strong management team with significant ownership further strengthens the company’s prospects.