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Visionary submits permits for phase 2 drilling at Pt. Leamington

Created at 5 Jun · 6:54 AM2 sources↑ Market-relevant2 events
IN SHORT

Visionary has submitted permit applications for phase 2 diamond drilling at the Pt. Leamington VMS Deposit. The company also filed prospecting permits for a ~30,000-hectare regional land package and mobilized field personnel to the site.

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Key Numbers

30,000hectares in regional land package
2drill rigs planned
21mineral licenses covered by surveys

Who's Involved

Visionary
Company submitting permits for phase 2 drilling and prospecting

↳ Why This Matters

The submission of permits for phase 2 drilling and the expansion of exploration activities signal Visionary's commitment to advancing its Pt. Leamington project, potentially leading to resource upgrades and new discoveries.

Key facts

  • Visionary submitted permit applications for phase 2 diamond drilling at the Pt. Leamington VMS Deposit.
  • The drilling aims to upgrade and expand the emerging Kraken Zone resource.
  • Two drill rigs are planned for the phase 2 drilling.
  • Prospecting and ground geophysical surveys are planned for 21 mineral licenses.
  • Field personnel have been mobilized to the Pt. Leamington site.

Visionary has submitted permit applications for phase 2 diamond drilling at the Pt. Leamington VMS Deposit. The objective of this drilling is to upgrade and expand the resource at the emerging Kraken Zone. The company plans to deploy two drill rigs for this phase. In addition to the drilling permits, Visionary has also filed prospecting and ground geophysical survey applications for all 21 mineral licenses within its regional land package, covering approximately 30,000 hectares. Field personnel have been mobilized to the Pt. Leamington site, indicating an active operational phase.

Frequently asked questions

The goal is to upgrade and expand the resource at the Pt. Leamington VMS Deposit, specifically targeting the emerging Kraken Zone.

Two drill rigs are planned for the phase 2 drilling program.

Visionary has also filed applications for prospecting and ground geophysical surveys over 21 mineral licenses in the surrounding region.

What Happens Next

01Regulatory approval of the submitted permits for phase 2 drilling.
02Commencement of phase 2 diamond drilling and ground geophysical surveys.

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How It Developed

4 Jun · 2:49 PM
Visionary has submitted permits for phase 2 drilling at Pt. Leamington, advancing their exploration and development.
Investing.com via PiQSuite
4 Jun · 2:45 PM
Visionary Advances on Multiple Fronts at Pt. Leamington: Phase 2 Drilling Permits Submitted; Prospecting Permits Filed for ~30,000 Ha Regional Land Package; Field Personnel Mobilized to Site
PRN | All News Releases via PiQSuite

Sources

T1
Visionary submits permits for phase 2 drilling at Pt. Leamingtonm.piqsuite.com
T1
Visionary Advances on Multiple Fronts at Pt. Leamington: Phase 2 Drilling Permits Submitted; Prospecting Permits Filed for ~30,000 Ha Regional Land Package; Field Personnel Mobilized to Sitem.piqsuite.com

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