Agreement To Double Wyoming Land Holdings
VANCOUVER - Visionary Gold Corp. has entered into an agreement to acquire ~6,000 acres of state leases and unpatented mining claims from Innovative Exploration Ventures, LLC (IEV). IEV will also transfer to Visionary its statewide geologic database including airborne magnetics, geochemical data, structural and lithological maps, drillhole database and sample library. Additionally, IEV members and professional geologists James Davis and Dr. Ron Marrs, have agreed to assist Visionary with data interpretation and exploration program design on its newly acquired land package.
Visionary CEO, Wes Adams, said, "Our acquisition of IEV's properties and database gives us several new gold targets with exploration concepts developed by Mr. Davis and Dr. Marrs that are based on sound geologic principles. The large geologic database represents around 25 years of regional work and will certainly be useful as we begin our field work in 2021. Last week, we announced several new additions to our exploration team including some highly successful geologists with a strong history of making discoveries across the globe. Mr. Davis and Dr. Marrs are contemporaries of our new advisors and will work together with our team to help us on our Wolf Gold Project, to be drilled this summer; on surrounding targets at our Miz and BM (Lewiston) Claims; and regionally on our exciting new land package. That IEV accepted all stock for consideration is a testament to IEV's confidence in our team and in our projects and we are excited to be working with them to develop our newly acquired land package."