Market One: Visionary Copper and Gold Feature on Kitco

Original announcement by tmx on

Company
Visionary Copper and Gold Mines Inc.
Ticker
VCG
Exchange
TSX
Region
Canada
Primary commodity
Copper
Secondary commodities
Gold, Zinc, Silver, Lead
Document categories
Resource update, Economic study, Other
Extracted
2026-09-19 03:47:29 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Visionary Copper and Gold Mines Inc. announced a feature article on Kitco highlighting its operations and growth strategy, focusing on Canadian VMS assets. The article discusses market trends for precious metals and copper. The company's portfolio includes the Point Leamington Deposit, Pine Bay Project, and Nash Creek Project, with historical resource estimates and an economic study mentioned.

Reasoning: The document is primarily a corporate announcement about a feature article, which is a positive for company visibility. However, the underlying project data (resource estimates and economic study) are historical, reducing the novelty and immediate materiality of the technical information presented.

Positive factors

  • Company is highlighting its projects through a feature article, increasing visibility.
  • The article discusses sustained precious-metal demand and tightening global copper supply, which are positive market trends for the company's commodities.

Negative factors

  • The resource estimates and economic study mentioned are historical, with the most recent being from 2023 and the PEA from 2018, indicating low novelty for the underlying data.

Low confidence — this extraction should be reviewed alongside the original source.

Facts used in scoring: 33

Extracted facts

Stored fact records: 31. Some facts used in scoring do not have a stored record.

Resource Estimates (31)

indicatedPoint Leamington Deposit · goldTonnes: 5000000Contained Metal: 402Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Point Leamington Deposit
Commodity
gold
Region
canada_nl
Reported Region
Newfoundland
Ticker
VCG

Resource scope

Estimate type
resource
Effective date
2021-10-25T00:00:00.000Z
Resource group id
resource:efa2a8c3ba2aaadf1f15
Deposit or zone
Point Leamington
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
5000000
Contained Metal
402
Contained Unit
koz

Prior Estimate

Resource Date
2021-10-25

Metal Equivalent

Metal Eq. Grade
2.5
Metal Eq. Unit
g/t AuEq

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2021-10-25T00:00:00.000Z

Dates

Event date
2026-02-18T00:00:00.000Z

Reasoning: This is a historical indicated resource estimate for the Point Leamington Deposit, providing a baseline for the project but lacking novelty due to its age and undisclosed equivalent assumptions.

Positive factors

  • Indicated resource category provides a reasonable level of geological confidence.

Negative factors

  • The estimate is historical, dated October 25, 2021, reducing its novelty.
  • The grade is reported as AuEq, but the underlying assumptions for the equivalent calculation are not disclosed in this document.

Evidence · text

“The Company prepared a pit constrained Indicated Mineral Resource of 5.0 Mt grading 2.5 g/t AuEq for 402 koz AuEq”

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 4.3 years before this release

indicatedPoint Leamington Deposit · goldTonnes: 5000000Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Point Leamington Deposit
Commodity
gold
Region
canada_nl
Reported Region
Newfoundland
Ticker
VCG

Resource scope

Estimate type
resource
Effective date
2021-10-25T00:00:00.000Z
Resource group id
resource:efa2a8c3ba2aaadf1f15
Deposit or zone
Point Leamington
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
5000000

Prior Estimate

Resource Date
2021-10-25

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2021-10-25T00:00:00.000Z

Dates

Event date
2026-02-18T00:00:00.000Z

Reasoning: This is a historical indicated resource estimate for gold at the Point Leamington Deposit, providing a baseline for the project but lacking novelty due to its age.

Positive factors

  • Indicated resource category provides a reasonable level of geological confidence.

Negative factors

  • The estimate is historical, dated October 25, 2021, reducing its novelty.

Evidence · text

“145.7 koz gold”

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 4.3 years before this release

indicatedPoint Leamington Deposit · copperTonnes: 5000000Grade: 60Grade Unit: Mlb copperHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Point Leamington Deposit
Commodity
copper
Region
canada_nl
Reported Region
Newfoundland
Ticker
VCG

Resource scope

Estimate type
resource
Effective date
2021-10-25T00:00:00.000Z
Resource group id
resource:efa2a8c3ba2aaadf1f15
Deposit or zone
Point Leamington
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
5000000
Grade
60
Grade Unit
Mlb copper

Prior Estimate

Resource Date
2021-10-25

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2021-10-25T00:00:00.000Z

Dates

Event date
2026-02-18T00:00:00.000Z

Reasoning: This is a historical indicated resource estimate for copper at the Point Leamington Deposit, providing a baseline for the project but lacking novelty due to its age.

Positive factors

  • Indicated resource category provides a reasonable level of geological confidence.

Negative factors

  • The estimate is historical, dated October 25, 2021, reducing its novelty.

Evidence · text

“60.0 Mlb copper”

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 4.3 years before this release

indicatedPoint Leamington Deposit · zincTonnes: 5000000Grade: 153.5Grade Unit: Mlb zincHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Point Leamington Deposit
Commodity
zinc
Region
canada_nl
Reported Region
Newfoundland
Ticker
VCG

Resource scope

Estimate type
resource
Effective date
2021-10-25T00:00:00.000Z
Resource group id
resource:efa2a8c3ba2aaadf1f15
Deposit or zone
Point Leamington
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
5000000
Grade
153.5
Grade Unit
Mlb zinc

Prior Estimate

Resource Date
2021-10-25

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2021-10-25T00:00:00.000Z

Dates

Event date
2026-02-18T00:00:00.000Z

Reasoning: This is a historical indicated resource estimate for zinc at the Point Leamington Deposit, providing a baseline for the project but lacking novelty due to its age.

Positive factors

  • Indicated resource category provides a reasonable level of geological confidence.

Negative factors

  • The estimate is historical, dated October 25, 2021, reducing its novelty.

Evidence · text

“153.5 Mlb zinc”

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 4.3 years before this release

indicatedPoint Leamington Deposit · silverTonnes: 5000000Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Point Leamington Deposit
Commodity
silver
Region
canada_nl
Reported Region
Newfoundland
Ticker
VCG

Resource scope

Estimate type
resource
Effective date
2021-10-25T00:00:00.000Z
Resource group id
resource:efa2a8c3ba2aaadf1f15
Deposit or zone
Point Leamington
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
5000000

Prior Estimate

Resource Date
2021-10-25

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2021-10-25T00:00:00.000Z

Dates

Event date
2026-02-18T00:00:00.000Z

Reasoning: This is a historical indicated resource estimate for silver at the Point Leamington Deposit, providing a baseline for the project but lacking novelty due to its age.

Positive factors

  • Indicated resource category provides a reasonable level of geological confidence.

Negative factors

  • The estimate is historical, dated October 25, 2021, reducing its novelty.

Evidence · text

“2.0 Moz silver”

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 4.3 years before this release

indicatedPoint Leamington Deposit · leadTonnes: 5000000Grade: 1.5Grade Unit: Mlb leadHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Point Leamington Deposit
Commodity
lead
Region
canada_nl
Reported Region
Newfoundland
Ticker
VCG

Resource scope

Estimate type
resource
Effective date
2021-10-25T00:00:00.000Z
Resource group id
resource:efa2a8c3ba2aaadf1f15
Deposit or zone
Point Leamington
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
5000000
Grade
1.5
Grade Unit
Mlb lead

Prior Estimate

Resource Date
2021-10-25

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2021-10-25T00:00:00.000Z

Dates

Event date
2026-02-18T00:00:00.000Z

Reasoning: This is a historical indicated resource estimate for lead at the Point Leamington Deposit, providing a baseline for the project but lacking novelty due to its age.

Positive factors

  • Indicated resource category provides a reasonable level of geological confidence.

Negative factors

  • The estimate is historical, dated October 25, 2021, reducing its novelty.

Evidence · text

“1.5 Mlb lead”

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 4.3 years before this release

inferredPoint Leamington Deposit · goldTonnes: 13700000Contained Metal: 986.5Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Point Leamington Deposit
Commodity
gold
Region
canada_nl
Reported Region
Newfoundland
Ticker
VCG

Resource scope

Estimate type
resource
Effective date
2021-10-25T00:00:00.000Z
Resource group id
resource:52e878ad7a9a868aa6c9
Deposit or zone
Point Leamington
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
13700000
Contained Metal
986.5
Contained Unit
koz

Prior Estimate

Resource Date
2021-10-25

Metal Equivalent

Metal Eq. Grade
2.24
Metal Eq. Unit
g/t AuEq

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2021-10-25T00:00:00.000Z

Dates

Event date
2026-02-18T00:00:00.000Z

Reasoning: This is a historical inferred resource estimate for the Point Leamington Deposit, which has lower confidence and lacks novelty due to its age and undisclosed equivalent assumptions.

Negative factors

  • The estimate is historical, dated October 25, 2021, reducing its novelty.
  • Inferred resource category has lower geological confidence and cannot support economic studies alone.
  • The grade is reported as AuEq, but the underlying assumptions for the equivalent calculation are not disclosed in this document.

Evidence · text

“a pit constrained Inferred Mineral Resource of 13.7 Mt grading 2.24 g/t AuEq for 986.5 koz AuEq”

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 4.3 years before this release

inferredPoint Leamington Deposit · goldTonnes: 13700000Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Point Leamington Deposit
Commodity
gold
Region
canada_nl
Reported Region
Newfoundland
Ticker
VCG

Resource scope

Estimate type
resource
Effective date
2021-10-25T00:00:00.000Z
Resource group id
resource:52e878ad7a9a868aa6c9
Deposit or zone
Point Leamington
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
13700000

Prior Estimate

Resource Date
2021-10-25

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2021-10-25T00:00:00.000Z

Dates

Event date
2026-02-18T00:00:00.000Z

Reasoning: This is a historical inferred resource estimate for gold at the Point Leamington Deposit, which has lower confidence and lacks novelty due to its age.

Negative factors

  • The estimate is historical, dated October 25, 2021, reducing its novelty.
  • Inferred resource category has lower geological confidence and cannot support economic studies alone.

Evidence · text

“354.8 koz gold”

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 4.3 years before this release

inferredPoint Leamington Deposit · copperTonnes: 13700000Grade: 110.2Grade Unit: Mlb copperHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Point Leamington Deposit
Commodity
copper
Region
canada_nl
Reported Region
Newfoundland
Ticker
VCG

Resource scope

Estimate type
resource
Effective date
2021-10-25T00:00:00.000Z
Resource group id
resource:52e878ad7a9a868aa6c9
Deposit or zone
Point Leamington
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
13700000
Grade
110.2
Grade Unit
Mlb copper

Prior Estimate

Resource Date
2021-10-25

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2021-10-25T00:00:00.000Z

Dates

Event date
2026-02-18T00:00:00.000Z

Reasoning: This is a historical inferred resource estimate for copper at the Point Leamington Deposit, which has lower confidence and lacks novelty due to its age.

Negative factors

  • The estimate is historical, dated October 25, 2021, reducing its novelty.
  • Inferred resource category has lower geological confidence and cannot support economic studies alone.

Evidence · text

“110.2 Mlb copper”

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 4.3 years before this release

inferredPoint Leamington Deposit · zincTonnes: 13700000Grade: 527.3Grade Unit: Mlb zincHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Point Leamington Deposit
Commodity
zinc
Region
canada_nl
Reported Region
Newfoundland
Ticker
VCG

Resource scope

Estimate type
resource
Effective date
2021-10-25T00:00:00.000Z
Resource group id
resource:52e878ad7a9a868aa6c9
Deposit or zone
Point Leamington
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
13700000
Grade
527.3
Grade Unit
Mlb zinc

Prior Estimate

Resource Date
2021-10-25

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2021-10-25T00:00:00.000Z

Dates

Event date
2026-02-18T00:00:00.000Z

Reasoning: This is a historical inferred resource estimate for zinc at the Point Leamington Deposit, which has lower confidence and lacks novelty due to its age.

Negative factors

  • The estimate is historical, dated October 25, 2021, reducing its novelty.
  • Inferred resource category has lower geological confidence and cannot support economic studies alone.

Evidence · text

“527.3 Mlb zinc”

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 4.3 years before this release

inferredPoint Leamington Deposit · silverTonnes: 13700000Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Point Leamington Deposit
Commodity
silver
Region
canada_nl
Reported Region
Newfoundland
Ticker
VCG

Resource scope

Estimate type
resource
Effective date
2021-10-25T00:00:00.000Z
Resource group id
resource:52e878ad7a9a868aa6c9
Deposit or zone
Point Leamington
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
13700000

Prior Estimate

Resource Date
2021-10-25

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2021-10-25T00:00:00.000Z

Dates

Event date
2026-02-18T00:00:00.000Z

Reasoning: This is a historical inferred resource estimate for silver at the Point Leamington Deposit, which has lower confidence and lacks novelty due to its age.

Negative factors

  • The estimate is historical, dated October 25, 2021, reducing its novelty.
  • Inferred resource category has lower geological confidence and cannot support economic studies alone.

Evidence · text

“6.2 Moz silver”

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 4.3 years before this release

inferredPoint Leamington Deposit · leadTonnes: 13700000Grade: 7Grade Unit: Mlb leadHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Point Leamington Deposit
Commodity
lead
Region
canada_nl
Reported Region
Newfoundland
Ticker
VCG

Resource scope

Estimate type
resource
Effective date
2021-10-25T00:00:00.000Z
Resource group id
resource:52e878ad7a9a868aa6c9
Deposit or zone
Point Leamington
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
13700000
Grade
7
Grade Unit
Mlb lead

Prior Estimate

Resource Date
2021-10-25

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2021-10-25T00:00:00.000Z

Dates

Event date
2026-02-18T00:00:00.000Z

Reasoning: This is a historical inferred resource estimate for lead at the Point Leamington Deposit, which has lower confidence and lacks novelty due to its age.

Negative factors

  • The estimate is historical, dated October 25, 2021, reducing its novelty.
  • Inferred resource category has lower geological confidence and cannot support economic studies alone.

Evidence · text

“7.0 Mlb lead”

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 4.3 years before this release

inferredPoint Leamington Deposit · goldTonnes: 1700000Contained Metal: 168.5Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Point Leamington Deposit
Commodity
gold
Region
canada_nl
Reported Region
Newfoundland
Ticker
VCG

Resource scope

Estimate type
resource
Effective date
2021-10-25T00:00:00.000Z
Resource group id
resource:334b437195047353b819
Deposit or zone
Point Leamington
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
1700000
Contained Metal
168.5
Contained Unit
koz

Prior Estimate

Resource Date
2021-10-25

Metal Equivalent

Metal Eq. Grade
3.06
Metal Eq. Unit
g/t AuEq

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2021-10-25T00:00:00.000Z

Dates

Event date
2026-02-18T00:00:00.000Z

Reasoning: This is a historical out-of-pit inferred resource estimate for the Point Leamington Deposit, which has lower confidence and lacks novelty due to its age and undisclosed equivalent assumptions.

Negative factors

  • The estimate is historical, dated October 25, 2021, reducing its novelty.
  • Inferred resource category has lower geological confidence and cannot support economic studies alone.
  • The grade is reported as AuEq, but the underlying assumptions for the equivalent calculation are not disclosed in this document.

Evidence · text

“an out-of-pit Inferred Mineral Resource of 1.7 Mt grading 3.06 g/t AuEq for 168.5 koz AuEq”

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 4.3 years before this release

inferredPoint Leamington Deposit · goldTonnes: 1700000Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Point Leamington Deposit
Commodity
gold
Region
canada_nl
Reported Region
Newfoundland
Ticker
VCG

Resource scope

Estimate type
resource
Effective date
2021-10-25T00:00:00.000Z
Resource group id
resource:334b437195047353b819
Deposit or zone
Point Leamington
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
1700000

Prior Estimate

Resource Date
2021-10-25

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2021-10-25T00:00:00.000Z

Dates

Event date
2026-02-18T00:00:00.000Z

Reasoning: This is a historical out-of-pit inferred resource estimate for gold at the Point Leamington Deposit, which has lower confidence and lacks novelty due to its age.

Negative factors

  • The estimate is historical, dated October 25, 2021, reducing its novelty.
  • Inferred resource category has lower geological confidence and cannot support economic studies alone.

Evidence · text

“65.4 koz gold”

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 4.3 years before this release

inferredPoint Leamington Deposit · copperTonnes: 1700000Grade: 13.3Grade Unit: Mlb copperHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Point Leamington Deposit
Commodity
copper
Region
canada_nl
Reported Region
Newfoundland
Ticker
VCG

Resource scope

Estimate type
resource
Effective date
2021-10-25T00:00:00.000Z
Resource group id
resource:334b437195047353b819
Deposit or zone
Point Leamington
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
1700000
Grade
13.3
Grade Unit
Mlb copper

Prior Estimate

Resource Date
2021-10-25

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2021-10-25T00:00:00.000Z

Dates

Event date
2026-02-18T00:00:00.000Z

Reasoning: This is a historical out-of-pit inferred resource estimate for copper at the Point Leamington Deposit, which has lower confidence and lacks novelty due to its age.

Negative factors

  • The estimate is historical, dated October 25, 2021, reducing its novelty.
  • Inferred resource category has lower geological confidence and cannot support economic studies alone.

Evidence · text

“13.3 Mlb copper”

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 4.3 years before this release

inferredPoint Leamington Deposit · zincTonnes: 1700000Grade: 102.9Grade Unit: Mlb zincHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Point Leamington Deposit
Commodity
zinc
Region
canada_nl
Reported Region
Newfoundland
Ticker
VCG

Resource scope

Estimate type
resource
Effective date
2021-10-25T00:00:00.000Z
Resource group id
resource:334b437195047353b819
Deposit or zone
Point Leamington
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
1700000
Grade
102.9
Grade Unit
Mlb zinc

Prior Estimate

Resource Date
2021-10-25

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2021-10-25T00:00:00.000Z

Dates

Event date
2026-02-18T00:00:00.000Z

Reasoning: This is a historical out-of-pit inferred resource estimate for zinc at the Point Leamington Deposit, which has lower confidence and lacks novelty due to its age.

Negative factors

  • The estimate is historical, dated October 25, 2021, reducing its novelty.
  • Inferred resource category has lower geological confidence and cannot support economic studies alone.

Evidence · text

“102.9 Mlb zinc”

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 4.3 years before this release

inferredPoint Leamington Deposit · silverTonnes: 1700000Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Point Leamington Deposit
Commodity
silver
Region
canada_nl
Reported Region
Newfoundland
Ticker
VCG

Resource scope

Estimate type
resource
Effective date
2021-10-25T00:00:00.000Z
Resource group id
resource:334b437195047353b819
Deposit or zone
Point Leamington
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
1700000

Prior Estimate

Resource Date
2021-10-25

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2021-10-25T00:00:00.000Z

Dates

Event date
2026-02-18T00:00:00.000Z

Reasoning: This is a historical out-of-pit inferred resource estimate for silver at the Point Leamington Deposit, which has lower confidence and lacks novelty due to its age.

Negative factors

  • The estimate is historical, dated October 25, 2021, reducing its novelty.
  • Inferred resource category has lower geological confidence and cannot support economic studies alone.

Evidence · text

“1.4 Moz Ag”

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 4.3 years before this release

inferredPoint Leamington Deposit · leadTonnes: 1700000Grade: 2.6Grade Unit: Mlb leadHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Point Leamington Deposit
Commodity
lead
Region
canada_nl
Reported Region
Newfoundland
Ticker
VCG

Resource scope

Estimate type
resource
Effective date
2021-10-25T00:00:00.000Z
Resource group id
resource:334b437195047353b819
Deposit or zone
Point Leamington
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
1700000
Grade
2.6
Grade Unit
Mlb lead

Prior Estimate

Resource Date
2021-10-25

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2021-10-25T00:00:00.000Z

Dates

Event date
2026-02-18T00:00:00.000Z

Reasoning: This is a historical out-of-pit inferred resource estimate for lead at the Point Leamington Deposit, which has lower confidence and lacks novelty due to its age.

Negative factors

  • The estimate is historical, dated October 25, 2021, reducing its novelty.
  • Inferred resource category has lower geological confidence and cannot support economic studies alone.

Evidence · text

“2.6 Mlb lead”

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 4.3 years before this release

indicatedPine Bay Project · copperTonnes: 3440000Contained Metal: 272.4Contained Unit: mlb cueqHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Pine Bay Project
Commodity
copper
Region
flin flon mining district
Reported Region
Flin Flon Mining District
Ticker
VCG

Resource scope

Estimate type
resource
Effective date
2023-07-10T00:00:00.000Z
Resource group id
resource:00279e71ed50cc58cdbc
Deposit or zone
Rainbow deposit
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
3440000
Contained Metal
272.4
Contained Unit
mlb cueq

Prior Estimate

Resource Date
2023-07-10

Metal Equivalent

Metal Eq. Grade
3.59
Metal Eq. Unit
% CuEq

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-07-10T00:00:00.000Z

Dates

Event date
2026-02-18T00:00:00.000Z

Reasoning: This is a historical indicated resource estimate for the Rainbow deposit, providing a reasonable level of confidence but lacking novelty due to its age and undisclosed equivalent assumptions.

Positive factors

  • Indicated resource category provides a reasonable level of geological confidence.

Negative factors

  • The estimate is historical, dated July 10, 2023, reducing its novelty.
  • The grade is reported as CuEq, but the underlying assumptions for the equivalent calculation are not disclosed in this document.

Evidence · text

“an indicated mineral resource on the Rainbow deposit of 3.44 Mt grading 3.59% CuEq for 272.4 Mlb CuEq”

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.6 years before this release

indicatedPine Bay Project · copperTonnes: 3440000Grade: 238.3Grade Unit: Mlb CuHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Pine Bay Project
Commodity
copper
Region
flin flon mining district
Reported Region
Flin Flon Mining District
Ticker
VCG

Resource scope

Estimate type
resource
Effective date
2023-07-10T00:00:00.000Z
Resource group id
resource:00279e71ed50cc58cdbc
Deposit or zone
Rainbow deposit
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
3440000
Grade
238.3
Grade Unit
Mlb Cu

Prior Estimate

Resource Date
2023-07-10

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-07-10T00:00:00.000Z

Dates

Event date
2026-02-18T00:00:00.000Z

Reasoning: This is a historical indicated resource estimate for copper at the Rainbow deposit, providing a reasonable level of confidence but lacking novelty due to its age.

Positive factors

  • Indicated resource category provides a reasonable level of geological confidence.

Negative factors

  • The estimate is historical, dated July 10, 2023, reducing its novelty.

Evidence · text

“238.3 Mlb Cu”

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.6 years before this release

indicatedPine Bay Project · zincTonnes: 3440000Grade: 56.9Grade Unit: Mlb ZnHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Pine Bay Project
Commodity
zinc
Region
flin flon mining district
Reported Region
Flin Flon Mining District
Ticker
VCG

Resource scope

Estimate type
resource
Effective date
2023-07-10T00:00:00.000Z
Resource group id
resource:00279e71ed50cc58cdbc
Deposit or zone
Rainbow deposit
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
3440000
Grade
56.9
Grade Unit
Mlb Zn

Prior Estimate

Resource Date
2023-07-10

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-07-10T00:00:00.000Z

Dates

Event date
2026-02-18T00:00:00.000Z

Reasoning: This is a historical indicated resource estimate for zinc at the Rainbow deposit, providing a reasonable level of confidence but lacking novelty due to its age.

Positive factors

  • Indicated resource category provides a reasonable level of geological confidence.

Negative factors

  • The estimate is historical, dated July 10, 2023, reducing its novelty.

Evidence · text

“56.9 Mlb Zn”

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.6 years before this release

indicatedPine Bay Project · goldTonnes: 3440000Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Pine Bay Project
Commodity
gold
Region
flin flon mining district
Reported Region
Flin Flon Mining District
Ticker
VCG

Resource scope

Estimate type
resource
Effective date
2023-07-10T00:00:00.000Z
Resource group id
resource:00279e71ed50cc58cdbc
Deposit or zone
Rainbow deposit
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
3440000

Prior Estimate

Resource Date
2023-07-10

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-07-10T00:00:00.000Z

Dates

Event date
2026-02-18T00:00:00.000Z

Reasoning: This is a historical indicated resource estimate for gold at the Rainbow deposit, providing a reasonable level of confidence but lacking novelty due to its age.

Positive factors

  • Indicated resource category provides a reasonable level of geological confidence.

Negative factors

  • The estimate is historical, dated July 10, 2023, reducing its novelty.

Evidence · text

“37.6 koz Au”

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.6 years before this release

indicatedPine Bay Project · silverTonnes: 3440000Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Pine Bay Project
Commodity
silver
Region
flin flon mining district
Reported Region
Flin Flon Mining District
Ticker
VCG

Resource scope

Estimate type
resource
Effective date
2023-07-10T00:00:00.000Z
Resource group id
resource:00279e71ed50cc58cdbc
Deposit or zone
Rainbow deposit
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
3440000

Prior Estimate

Resource Date
2023-07-10

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-07-10T00:00:00.000Z

Dates

Event date
2026-02-18T00:00:00.000Z

Reasoning: This is a historical indicated resource estimate for silver at the Rainbow deposit, providing a reasonable level of confidence but lacking novelty due to its age.

Positive factors

  • Indicated resource category provides a reasonable level of geological confidence.

Negative factors

  • The estimate is historical, dated July 10, 2023, reducing its novelty.

Evidence · text

“692.8 koz Ag”

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.6 years before this release

indicatedPine Bay Project · leadTonnes: 3440000Grade: 2.3Grade Unit: Mlb PbHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Pine Bay Project
Commodity
lead
Region
flin flon mining district
Reported Region
Flin Flon Mining District
Ticker
VCG

Resource scope

Estimate type
resource
Effective date
2023-07-10T00:00:00.000Z
Resource group id
resource:00279e71ed50cc58cdbc
Deposit or zone
Rainbow deposit
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
3440000
Grade
2.3
Grade Unit
Mlb Pb

Prior Estimate

Resource Date
2023-07-10

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-07-10T00:00:00.000Z

Dates

Event date
2026-02-18T00:00:00.000Z

Reasoning: This is a historical indicated resource estimate for lead at the Rainbow deposit, providing a reasonable level of confidence but lacking novelty due to its age.

Positive factors

  • Indicated resource category provides a reasonable level of geological confidence.

Negative factors

  • The estimate is historical, dated July 10, 2023, reducing its novelty.

Evidence · text

“2.3 Mlb Pb”

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.6 years before this release

inferredPine Bay Project · copperTonnes: 1280000Contained Metal: 83.4Contained Unit: mlb cueqHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Pine Bay Project
Commodity
copper
Region
flin flon mining district
Reported Region
Flin Flon Mining District
Ticker
VCG

Resource scope

Estimate type
resource
Effective date
2023-07-10T00:00:00.000Z
Resource group id
resource:110746e05ccf32be7200
Deposit or zone
Rainbow deposit
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
1280000
Contained Metal
83.4
Contained Unit
mlb cueq

Prior Estimate

Resource Date
2023-07-10

Metal Equivalent

Metal Eq. Grade
2.95
Metal Eq. Unit
% CuEq

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-07-10T00:00:00.000Z

Dates

Event date
2026-02-18T00:00:00.000Z

Reasoning: This is a historical inferred resource estimate for the Rainbow deposit, which has lower confidence and lacks novelty due to its age and undisclosed equivalent assumptions.

Negative factors

  • The estimate is historical, dated July 10, 2023, reducing its novelty.
  • Inferred resource category has lower geological confidence and cannot support economic studies alone.
  • The grade is reported as CuEq, but the underlying assumptions for the equivalent calculation are not disclosed in this document.

Evidence · text

“an inferred mineral resource on the Rainbow deposit of 1.28 Mt grading 2.95% CuEq containing 83.4 Mlb CuEq”

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.6 years before this release

inferredPine Bay Project · copperTonnes: 1280000Grade: 72.1Grade Unit: Mlb CuHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Pine Bay Project
Commodity
copper
Region
flin flon mining district
Reported Region
Flin Flon Mining District
Ticker
VCG

Resource scope

Estimate type
resource
Effective date
2023-07-10T00:00:00.000Z
Resource group id
resource:110746e05ccf32be7200
Deposit or zone
Rainbow deposit
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
1280000
Grade
72.1
Grade Unit
Mlb Cu

Prior Estimate

Resource Date
2023-07-10

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-07-10T00:00:00.000Z

Dates

Event date
2026-02-18T00:00:00.000Z

Reasoning: This is a historical inferred resource estimate for copper at the Rainbow deposit, which has lower confidence and lacks novelty due to its age.

Negative factors

  • The estimate is historical, dated July 10, 2023, reducing its novelty.
  • Inferred resource category has lower geological confidence and cannot support economic studies alone.

Evidence · text

“72.1 Mlb Cu”

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.6 years before this release

inferredPine Bay Project · zincTonnes: 1280000Grade: 19.5Grade Unit: Mlb ZnHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Pine Bay Project
Commodity
zinc
Region
flin flon mining district
Reported Region
Flin Flon Mining District
Ticker
VCG

Resource scope

Estimate type
resource
Effective date
2023-07-10T00:00:00.000Z
Resource group id
resource:110746e05ccf32be7200
Deposit or zone
Rainbow deposit
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
1280000
Grade
19.5
Grade Unit
Mlb Zn

Prior Estimate

Resource Date
2023-07-10

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-07-10T00:00:00.000Z

Dates

Event date
2026-02-18T00:00:00.000Z

Reasoning: This is a historical inferred resource estimate for zinc at the Rainbow deposit, which has lower confidence and lacks novelty due to its age.

Negative factors

  • The estimate is historical, dated July 10, 2023, reducing its novelty.
  • Inferred resource category has lower geological confidence and cannot support economic studies alone.

Evidence · text

“19.5 Mlb Zn”

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.6 years before this release

inferredPine Bay Project · goldTonnes: 1280000Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Pine Bay Project
Commodity
gold
Region
flin flon mining district
Reported Region
Flin Flon Mining District
Ticker
VCG

Resource scope

Estimate type
resource
Effective date
2023-07-10T00:00:00.000Z
Resource group id
resource:110746e05ccf32be7200
Deposit or zone
Rainbow deposit
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
1280000

Prior Estimate

Resource Date
2023-07-10

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-07-10T00:00:00.000Z

Dates

Event date
2026-02-18T00:00:00.000Z

Reasoning: This is a historical inferred resource estimate for gold at the Rainbow deposit, which has lower confidence and lacks novelty due to its age.

Negative factors

  • The estimate is historical, dated July 10, 2023, reducing its novelty.
  • Inferred resource category has lower geological confidence and cannot support economic studies alone.

Evidence · text

“11.1 koz Au”

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.6 years before this release

inferredPine Bay Project · silverTonnes: 1280000Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Pine Bay Project
Commodity
silver
Region
flin flon mining district
Reported Region
Flin Flon Mining District
Ticker
VCG

Resource scope

Estimate type
resource
Effective date
2023-07-10T00:00:00.000Z
Resource group id
resource:110746e05ccf32be7200
Deposit or zone
Rainbow deposit
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
1280000

Prior Estimate

Resource Date
2023-07-10

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-07-10T00:00:00.000Z

Dates

Event date
2026-02-18T00:00:00.000Z

Reasoning: This is a historical inferred resource estimate for silver at the Rainbow deposit, which has lower confidence and lacks novelty due to its age.

Negative factors

  • The estimate is historical, dated July 10, 2023, reducing its novelty.
  • Inferred resource category has lower geological confidence and cannot support economic studies alone.

Evidence · text

“222.2 Koz Ag”

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.6 years before this release

inferredPine Bay Project · leadTonnes: 1280000Grade: 0.8Grade Unit: Mlb PbHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Pine Bay Project
Commodity
lead
Region
flin flon mining district
Reported Region
Flin Flon Mining District
Ticker
VCG

Resource scope

Estimate type
resource
Effective date
2023-07-10T00:00:00.000Z
Resource group id
resource:110746e05ccf32be7200
Deposit or zone
Rainbow deposit
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
1280000
Grade
0.8
Grade Unit
Mlb Pb

Prior Estimate

Resource Date
2023-07-10

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-07-10T00:00:00.000Z

Dates

Event date
2026-02-18T00:00:00.000Z

Reasoning: This is a historical inferred resource estimate for lead at the Rainbow deposit, which has lower confidence and lacks novelty due to its age.

Negative factors

  • The estimate is historical, dated July 10, 2023, reducing its novelty.
  • Inferred resource category has lower geological confidence and cannot support economic studies alone.

Evidence · text

“0.8 Mlb Pb”

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.6 years before this release

inferredPine Bay Project · copperTonnes: 1000000Grade: 2.62Grade Unit: %Contained Metal: 58.1Contained Unit: mlb cuHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Pine Bay Project
Commodity
copper
Region
flin flon mining district
Reported Region
Flin Flon Mining District
Ticker
VCG

Resource scope

Estimate type
resource
Effective date
2023-07-10T00:00:00.000Z
Resource group id
resource:9482aa5a04e1c0c2987a
Deposit or zone
Pine Bay deposit
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
1000000
Grade
2.62
Grade Unit
%
Contained Metal
58.1
Contained Unit
mlb cu

Prior Estimate

Resource Date
2023-07-10

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-07-10T00:00:00.000Z

Dates

Event date
2026-02-18T00:00:00.000Z

Reasoning: This is a historical inferred resource estimate for copper at the Pine Bay deposit, which has lower confidence and lacks novelty due to its age.

Negative factors

  • The estimate is historical, dated July 10, 2023, reducing its novelty.
  • Inferred resource category has lower geological confidence and cannot support economic studies alone.

Evidence · text

“an inferred mineral resource at the Pine Bay deposit of 1.0 Mt grading 2.62% Cu containing 58.1 Mlb Cu”

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.6 years before this release

How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.