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Visionary consolidates land at Pt. Leamington, expanding potential for deep VMS deposit growth and new targets.

Market News
22 Sep 2026
Newsfile Corp
View Source
Bullish
Visionary consolidates land at Pt. Leamington, expanding potential for deep VMS deposit growth and new targets.

Visionary Copper and Gold Mines has acquired additional land along the down-plunge trend of its Pt. Leamington VMS deposit in Newfoundland, increasing its land position to about 33,000 hectares. This consolidation secures the full depth potential of the deposit, which has only been drilled to 400 meters so far, and includes five new airborne EM conductors to the south, two with nearby massive sulphide boulders, indicating strong discovery potential. The company plans a 20,000-meter Phase 2 drilling program to test these new targets, aiming to expand the deposit and unlock long-term value. This move positions Visionary to explore deeper and along the trend, following a proven model that led to the original discovery.

Visionary Copper and Gold Mines' recent land consolidation and exploration update are presented here with Pluang's Basic Materials sector data as context. For readers following Basic Materials, as of Sep 22, 2026 18:51 WIB, 17 of 38 priced US stocks rose while 19 fell. Notable movers include Standard Lithium Ltd (SLI) at USD 2.16 with a 1-day change of +1.41% and a Pluang order activity of 96% Buy, Nutrien Ltd (NTR) at USD 73.50 down 1.40% with 100% Buy orders, and ArcelorMittal SA (MT) at USD 73.40 up 1.19% with balanced buy/sell activity. The highest Pluang buy-side interest was 100% for Nutrien Ltd.

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