Vertical Provides 2022 Exploration Program Summary for Newly Acquired Quebec Wollastonite Property

Original announcement by tmx on

Company
Vertical Exploration Inc.
Ticker
VERT
Exchange
TSX
Region
Quebec
Primary commodity
Wollastonite
Secondary commodities
None reported
Document categories
Drill results
Extracted
2026-09-19 05:01:01 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Vertical Exploration Inc. completed its 2022 Phase 1 exploration program at the Ménard-Péribonka property in Quebec, confirming historical wollastonite mineralization and discovering new sites. Results included trenching and portable drilling intercepts with wollastonite grades ranging from 5% to 52.9%.

Reasoning: The 2022 Phase 1 program successfully confirmed historical wollastonite occurrences and identified new sites with significant grades (up to 52.9% wollastonite) using surface and portable drilling methods.

Positive factors

  • Confirmation of historical mineralization
  • Discovery of new mineralized sites
  • Strong grades in trench and drill intercepts

Negative factors

  • Mineralization is non-homogeneous and intercalated with barren rock

Facts used in scoring: 6

Classification and evidence

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: Release names a Qualified Person (Jean-Paul Barrette, P.Geo) and references NI 43-101 standards.

Evidence · text

“The technical information contained in this report has been reviewed and approved by Jean-Paul Barrette Géo/ P.Geo, an independent project geologist”

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: New mineralized sites were found in both the northern part and other parts of the property.

Evidence · text

“new wollastonite mineralized sites were found both in the northern part and in other parts of the Menard property”

Extracted facts

Stored fact records: 6. Some facts used in scoring do not have a stored record.

Drill Results (6)

TR03Ménard-Péribonka · wollastoniteGrade: 49.4Grade Unit: %Intercept: 3.25 mView all details
Link to this fact

Identity

Hole ID
TR03
Project
Ménard-Péribonka
Commodity
wollastonite
Region
canada_qc
Reported Region
canada_qc
Ticker
VERT

Geometry

Grade
49.4
Grade Unit
%
Intercept
3.25 m

Classification

Sample Type
channel

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-01-04T00:00:00.000Z

Reasoning: Strong grade intercept from trenching work.

Positive factors

  • High grade intercept

Evidence · text

“wollastonite-bearing marble, sheared, which graded 49.4% WL over 3.25m, trench TR03”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

TR-08Ménard-Péribonka · wollastoniteGrade: 10Grade Unit: %Intercept: 10.9 mView all details
Link to this fact

Identity

Hole ID
TR-08
Project
Ménard-Péribonka
Commodity
wollastonite
Region
canada_qc
Reported Region
canada_qc
Ticker
VERT

Geometry

Grade
10
Grade Unit
%
Intercept
10.9 m

Classification

Sample Type
channel

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-01-04T00:00:00.000Z

Reasoning: Moderate grade over a substantial width.

Positive factors

  • Significant width

Evidence · text

“graded 10% wollastonite over 10.9m”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

TR-08Ménard-Péribonka · wollastoniteGrade: 27.8Grade Unit: %Intercept: 1.6 mView all details
Link to this fact

Identity

Hole ID
TR-08
Project
Ménard-Péribonka
Commodity
wollastonite
Region
canada_qc
Reported Region
canada_qc
Ticker
VERT

Geometry

Grade
27.8
Grade Unit
%
Intercept
1.6 m

Classification

Sample Type
channel

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-01-04T00:00:00.000Z

Reasoning: High grade internal component of the TR-08 intercept.

Positive factors

  • High grade sub-interval

Evidence · text

“included 27.8% wollastonite over 1.6m”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

G180668Ménard-Péribonka · wollastoniteGrade: 52.9Grade Unit: %View all details
Link to this fact

Identity

Hole ID
G180668
Project
Ménard-Péribonka
Commodity
wollastonite
Region
canada_qc
Reported Region
canada_qc
Ticker
VERT

Geometry

Grade
52.9
Grade Unit
%

Classification

Sample Type
surface

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-01-04T00:00:00.000Z

Reasoning: Very high grade grab sample from a new occurrence.

Positive factors

  • Exceptional grade

Evidence · text

“graded 52.9% wollastonite (grab sample G180668, new occurrence)”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

BQ_portable_drillMénard-Péribonka · wollastoniteGrade: 5Grade Unit: %Intercept: 5.08 mView all details
Link to this fact

Identity

Hole ID
BQ_portable_drill
Project
Ménard-Péribonka
Commodity
wollastonite
Region
canada_qc
Reported Region
canada_qc
Ticker
VERT

Geometry

Grade
5
Grade Unit
%
Intercept
5.08 m

Classification

Sample Type
drill

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-01-04T00:00:00.000Z

Reasoning: Lower end of the reported drill intercept range.

Evidence · text

“ranging from 5 to 44% wollastonite over hole lengths ranging from 0.30 metres to 5.08 metres”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

BQ_portable_drillMénard-Péribonka · wollastoniteGrade: 44Grade Unit: %Intercept: 0.3 mView all details
Link to this fact

Identity

Hole ID
BQ_portable_drill
Project
Ménard-Péribonka
Commodity
wollastonite
Region
canada_qc
Reported Region
canada_qc
Ticker
VERT

Geometry

Grade
44
Grade Unit
%
Intercept
0.3 m

Classification

Sample Type
drill

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-01-04T00:00:00.000Z

Reasoning: High grade intercept, though very narrow.

Positive factors

  • High grade

Evidence · text

“ranging from 5 to 44% wollastonite over hole lengths ranging from 0.30 metres to 5.08 metres”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

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.