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Visionary Hires Renowned Nickel Geologist Michael Page After Discovery at King Solomon, Appoints David R. Miller to Board of Directors

Management Changes Exploration Programs

Visionary Hires Renowned Nickel Geologist

Michael Page After Discovery at King

Solomon, Appoints David R. Miller to Board of

Directors

Vancouver, British Columbia--(Newsfile Corp. - March 16, 2023) - Visionary Gold Corp. (TSXV: VIZ)

("

Visionary

" or the "

Company

") is pleased to announce that it has hired Michael Page as Chief

Geologist, appointed David R. Miller to the Board of Directors and promoted consulting geologist

Sammy Gonzalez Buezo to Exploration Manager.

About Michael Page

With nearly 50 years of experience in the mining and exploration industry, Mr. Page brings a wealth of

knowledge and expertise to the Visionary Gold team. Mr. Page is a recognized nickel geologist and has

been active throughout the world. He served as Director of Exploration at Norilsk Nickel, one of the

world's largest nickel and palladium producers, where he was responsible for exploration, development,

mining geology, and reserve estimation. He was Vice President Exploration for Ivanhoe Mines group

companies in China and Southern Africa, spearheaded worldwide nickel exploration for BHP and Gold

Fields and has held senior positions with several other successful companies, including Western Mining

Corporation (WMC). He is a Qualified Person under Australian JORC and National Instrument 43-101 -

Standards of Disclosure for Mineral Projects

of the Canadian Securities Administrators.

About David Miller

David Miller is a business professional, economic geologist, and former Majority Leader of the Wyoming

State Legislature, where he represented the 55

th

District in the Wyoming House of Representatives from

2001 to 2021. Mr. Miller was the Chief Executive Officer of Strathmore Minerals Corp. prior to its merger

with Energy Fuels. His primary professional focus has been on mineral exploration, development, and

mining, and his career has spanned over 40 years with a chain of companies that began with Utah

International and evolved into AREVA (ORANO), the French Nuclear Power Conglomerate.

About Sammy Gonzalez Buezo

Sammy Gonzalez Buezo is a professional geologist, whose work directly led to the recent discovery of

nickel-cobalt mineralization at Visionary's King Solomon prospect.

Mr. Gonzalez Buezo has held the role

of exploration manager at more than a dozen projects internationally over the past twenty years. Most

notably, he managed the exploration team for a joint venture partnership between Rio Tinto and Calibre

Mining in Nicaragua. Sammy has been working as consulting geologist and database manager for

Visionary for the past two years.

"We are delighted to add such experience and expertise to our team," commented Visionary Gold CEO,

Wes Adams. "The addition of these three experienced mining professionals adds both strength and

credibility as we build on our new nickel-cobalt discovery at King Solomon."

Pursuant to its stock option plan, Visionary has granted a total of 5,000,000 incentive stock options of

the capital stock of the Company to its employees, directors, and consultants for up to a 5-year period at

an exercise price of $0.06. The appointment of Mr. Miller and Mr. Page are subject to the approval of the

TSX Venture Exchange.

About Visionary Gold Corp.

Visionary Gold Corp is a Vancouver-based mineral exploration company focused on making new

precious and base metals discoveries in Fremont County, Wyoming. Visionary's mission is to explore

responsibly and to develop resources in a manner that is acceptable to all stakeholders. While central

Wyoming has a strong mining history, it has never been systematically explored using modern

techniques. The Company now controls a land package greater than 80 square kilometres with

numerous drill ready targets, all accessible by road and within a one-hour drive from Visionary's US

headquarters in Lander Wyoming.

Typographical Correction to March 6

th

, 2023, Press Release

Visionary identified and corrected a typographical error, whereby a zero was omitted from the

description of cobalt mineralization in the second sentence of its Press Release dated March 6

th

, 2023.

The second sentence of the press release originally read

"Diamond drill hole KS22-003 intersected

44.5 metres ("m") of 0.23% nickel, 0.01% cobalt (from 87 m depth), including 17.0 m of 0.42% nickel,

0.23% cobalt

and anomalous levels of precious metals.

" This has been corrected to

"Diamond drill

hole KS22-003 intersected 44.5 metres ("m") of 0.23% nickel, 0.01% cobalt (from 87 m depth),

including 17.0 m of 0.42% nickel,

0.023% cobalt

and anomalous levels of precious metals.

" All values

were stated correctly in

Table 1

of the March 6

th

press release and the error did not impact the

materiality or accuracy of the reported drill intercept of 44.5 metres ("m") of 0.23% nickel, 0.01% cobalt

(from 87 m depth) in Diamond drill hole KS22-003.

For further information, please visit the company website at:

www.visionarygoldcorp.com

Contact:

Wes Adams, Chief Executive Officer

Visionary Gold Corp.

410-325 Howe Street

Vancouver, BC V6C 1Z7

Tel: (303) 809-4668

Forward Looking Statements

This news release contains "forward-looking statements" within the meaning of Canadian securities

legislation. These include, without limitation, statements with respect to analysis of core samples and

other results from Visionary's 2022 exploration program and further drilling and exploration plans of the

Company. Forward-looking statements are necessarily based on several estimates and assumptions

that, while considered reasonable, are subject to known and unknown risks, uncertainties and other

factors which may cause actual results and future events to differ materially from those expressed or

implied by such forward-looking statements. Such factors include, but are not limited to general

business, economic and regulatory risks; capital and operating costs varying significantly from

management estimates; timing of the provision of services by third parties; delays in obtaining or failures

to obtain required governmental, environmental or other project approvals; uncertainties relating to the

availability and costs of financing needed in the future; inflation; fluctuations in commodity prices; delays

in the development of projects; and the other risks involved in the mineral exploration and development

industry generally.

Although the Company believes that the assumptions and factors used in preparing

the forward-looking statements are reasonable, undue reliance should not be placed on these

statements, which only apply as of the date of this news release, and no assurance can be given that

such events will occur in the disclosed time frames or at all. Except where required by law, the Company

disclaims any intention or obligation to update or revise any forward-looking statement, whether because

of new information, future events, or otherwise.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the

policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this

release.

To view the source version of this press release, please visit

https://www.newsfilecorp.com/release/158651