Discovery Of Two New Prospects And Samples 9.07% Copper, 4.15 g/t Gold And 0.09% Cobalt At New Black Rock Prospect

VANCOUVER - Visionary Gold Corp. announced the discovery of two new exploration targets 50 kilometers (km) northeast of its Wolf Gold Project in Fremont County, Wyoming. The Black Rock gold and copper prospect and the Tin Cup copper prospect were identified during Visionary's ongoing regional exploration program and are located on lands purchased from Innovative Exploration Ventures in 2021.

”The new Black Rock and Tin Cup prospects are compelling new gold ('Au') and base metals targets," said, CEO, Wes Adams. "Copper (Cu), Gold (Au), and Cobalt (Co) and Nickel (Ni) values found at Black Rock, and Cu values found over a large area at Tin Cup, represent different styles of mineralization than those found at the orogenic Au targets at Wolf and Lewiston-Miz. What's most compelling is that all targets are situated within the same regional structural corridor, which we now know contains Cu and Au and other mineralization 50 km to the northeast."

Visionary has already ramped up field work at these new prospects ahead of the 2022 drill program, which will commence around July 1st. The 2022 drill program includes drill holes planned at the 3km long Lewiston-Miz target, the Wind Hill target, and Wolf Shear targets as well as the new Black Rock target. Additional field work and geophysical surveying is planned at Tin Cup prior to possible drilling in Q3.

The Black Rock Prospect is located approximately 60km northeast of Visionary's Wolf Gold Project and 13km north of Jeffrey City, WY, within Archean basement rocks of the Wyoming Craton. Significant Au, Cu, and Co values have been identified in soil and rock chip samples along a sheared lithologic contact within pre-Cambrian granite gneiss and magnetite-rich gabbro. A subsequent ground magnetic survey suggests that Cu and Au mineralization is associated with a high magnetic contrast zone which appears to represent a sheared lithologic contact where surface mineralization was discovered. Visionary has staked 35 mining claims and leased 640 acres of land owned by the State of Wyoming at Black Rock, covering a total land position of approximately 1,340 acres.