Source: Visionary Gold Corp.
Market Herald logo

Subscribe

Be the first with the news that moves the market
  • Visionary (VIZ) provides update following drill program at Wolf Gold Project and receives permit to drill Black Rock Property
  • Two new drill targets at its Black Rock Property are now permitted for drilling.
  • The IP Survey indicated a low electrical resistivity and high electrical chargeability response over a 300 m by 900 m subsurface structure
  • The King Solomon Prospect is located 3 kilometres west of Visionary’s previously announced discovery of copper-gold mineralization at Black Rock
  • Visionary has now drilled seven of the 27 holes permitted at Wolf in 2021 and plans to drill at least three of the six holes permitted at Black Rock/King Solomon in 2022
  • Visionary Gold (VIZ) is trading at C$0.07 at 9:30 am EST

Visionary Gold (VIZ) has completed a three-hole, 550 metre follow-up drill program at its Wolf Gold Project.

It has also started two new drill targets at its Black Rock Property, which are now permitted for drilling.

The new drill target, the King Solomon Prospect, was confirmed by a recently completed magnetic and Induced Polarization Geophysical survey over a surface gold, copper and zinc occurrence identified during Visionary’s 2021 exploration program.

The IP Survey indicated a low electrical resistivity and high electrical chargeability response over a 300 m by 900 m subsurface structure, indicating a possible connection between sulphide minerals at depth and surface mineralization.

The King Solomon Prospect is located three kilometres west of Visionary’s previously announced discovery of copper-gold mineralization at Black Rock and is a part of the same contiguous property package.

Visionary CEO Wes Adams said, “We are excited to explore Black Rock after completing three additional holes at our Wolf Gold Project. We expect to begin drilling at Black Rock and King Solomon this week.”

“We will continue to advance our geophysical investigation of surface gold and copper occurrences regionally as we wait for results from Wolf and for final permits for Lewiston-Miz, which are expected in the coming weeks,” continued Adams.

At the Tin Cup, a surface soil sampling grid has been completed, which will help define the extent of surface mineralization discovered in rock chip samples during the 2021 and 2022 field seasons.

Results from these surveys are being analyzed, and significant findings will be followed up with detailed mapping, sampling, and drilling.

As for an update on permitting, Visionary has now drilled seven of the 27 holes permitted at Wolf in 2021 and plans to drill at least three of the six holes permitted at Black Rock/King Solomon in 2022.

Visionary Gold Corp is a Vancouver-based mineral exploration company focused on making discoveries of new precious and base metals in Fremont County, Wyoming.

Visionary Gold (VIZ) is trading at C$0.07 at 9:30 am EST.


More From The Market Herald
Desert Mountain Energy - CEO, Robert Rohlfing.

" Desert Mountain Energy (TSXV:DME) completes testing at McCauley Helium Processing Facility

Desert Mountain (DME) has completed testing at its McCauley Helium Processing Facility in Arizona.

" StrategX (CSE:STGX) confirms new discovery at Nagvaak project

StrategX Elements (STGX) finds new energy transition metals from drill hole 14, in target area one of the Nagvaak project in Nunavut.

" Golden Goliath (TSXV:GNG) completes drill holes at its Wish Ore Property

Golden Goliath Resources (GNG) has completed drilling holes at its Wish Ore Project.

" Freegold (TSX:FVL) intersects high-grade gold

Freegold Ventures Limited (FVL) shared the gold results from an additional seven holes done for its drill program on the Golden Summit Project.