Visionary Copper and Gold Mines buys three Newfoundland mineral licenses for C$10,000 cash and C$40,000 in shares
Bitget2026/09/22 12:35- Visionary Copper and Gold Mines agreed to buy three mineral licenses near its Pt. Leamington VMS deposit in central Newfoundland.
- Deal terms include C$10,000 cash, C$40,000 in common shares, a 1% net smelter return royalty, repurchasable for C$ 1 million.
- Acquired ground totals about 3,575 hectares across six mineral licenses, lifting the Pt. Leamington land position to about 33,000 hectares.
- Package covers the interpreted down-plunge extension of the deposit, supports depth expansion targets ahead of a planned 20,000-meter Phase 2 drill program.
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