Episode Details
Back to EpisodesVisionary Copper & Gold (TSXV:VCG) - 20,000m Drill Program Targets Resource Growth in Newfoundland
Description
Interview with Max Porterfield, President and CEO, Visionary Copper & Gold
Our previous interview: https://www.cruxinvestor.com/posts/visionary-copper-gold-tsxvvcg-2026-resource-growth-confidence-plan-at-point-leamington-9535
Recording date: 25th June 2026
Visionary Copper & Gold is advancing its flagship Point Leamington project in Newfoundland, a 43-101 compliant volcanogenic massive sulphide (VMS) deposit containing approximately 20 million tonnes of mineralized material. The near-surface resource hosts an estimated 500,000 ounces of gold and 170 million pounds of copper within 400 metres, providing a substantial foundation for future growth in a mining-friendly Canadian jurisdiction.
A key recent development is the discovery of the “Kraken” zone, a copper-rich footwall stringer system located adjacent to the existing deposit. Initial drilling has returned broad copper intersections, including 75 metres grading 0.45% copper, with continuity confirmed across a 275-metre strike length. In comparable VMS systems, such footwall zones can represent a significant portion of total resources, suggesting Kraken could materially expand the project’s scale.
To advance this potential, the company plans a 20,000-metre Phase Two drilling campaign beginning in the second half of 2026. Most of the drilling will focus on upgrading the current resource to higher confidence categories and defining the extent of the Kraken discovery, while a smaller portion will test five additional regional targets across an expanded 30,000-hectare land package.
The project benefits from strong infrastructure, including road access, hydroelectric power, and proximity to a deep-water port, which may help reduce future development costs. Investor confidence is reflected in a significant stake held by Ross Jennings of the Quaternary Group, who has accumulated over 11% ownership.
Amid rising global demand for copper driven by electrification and energy transition trends, Visionary Copper & Gold is positioning Point Leamington as a potentially scalable, lower-cost development opportunity with meaningful exploration upside.
Learn more: https://www.cruxinvestor.com/companies/visionary-copper-gold-mines
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