Visionary Receives Phase 2 Drill Approval for Its Pt. Leamington Gold/Copper/Zinc/Silver VMS Deposit in Newfoundland

Highlights:

Phase 2 approved: Visionary is cleared to advance its next phase of diamond drilling at its 100%-owned Pt. Leamington VMS Deposit.

Kraken adds mineral resource upside: The 2026 Phase 1 drilling discovery is a broad copper-rich feeder system that was not included in the 2021 Mineral Resource Estimate.

Large mineral resource base to build on: Pt. Leamington hosts existing mineral resources of 5.0 Mt Indicated and 15.4 Mt Inferred; Phase 2 drilling will target mineral resource conversion and expansion, including the Kraken Zone.

Government support: Pt. Leamington has been selected by the Newfoundland Department of Mines and Energy for the Junior Exploration Assistance program qualifying it for a rebate of eligible exploration expenditures.

Vancouver, British Columbia--(Newsfile Corp. - September 2, 2026) - Visionary Copper and Gold Mines Inc. (TSXV: VCG) (OTCQB: VCGMF) (the "Company" or "Visionary") is pleased to announce that it has received approval from the Newfoundland and Labrador Department of Energy and Mines, for its 2026 Phase 2 diamond drilling program at the Company's 100%-owned gold/copper/zinc/silver rich Pt. Leamington VMS deposit (the "Deposit) in Newfoundland.

The upcoming Phase 2 program will focus on converting Inferred Mineral Resources to Indicated, expanding the deposit's total Mineral Resources, and defining the scale and grade of the Kraken Zone-the near-surface, copper-rich feeder system discovered during Visionary's 2026 Phase 1 drilling program(see news releases dated April 1, 2026 and May 13, 2026 ). Kraken is not included in the Pt. Leamington 2021 Mineral Resource Estimate and has the potential to favorably impact the Deposit mineral resources and economics.

Jason Flight, P.Geo., Vice President of Exploration said, "We look forward to building on what is already a substantial resource at Pt. Leamington. T