Viscount Reports 7.9 metres (26 ft) Grading 473.2 g/t Silver and 2.92 g/t Gold at Silver Cliff; Step-Out Drilling Confirms Silver Mineralization Beyond Current Kate Silver Resource Limits
Original announcement by orestocks on
- Company
- Viscount Mining Corp.
- Ticker
- VML.V
- Exchange
- Unavailable
- Region
- Colorado
- Primary commodity
- Silver
- Secondary commodities
- Gold, Lead, Zinc
- Document categories
- Drill results, Resource update
- Extracted
- 2026-09-22 12:45:08 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Viscount Mining Corp. announced high-grade silver and gold drill results from its Silver Cliff Project in Colorado, with step-out drilling confirming mineralization beyond the current Kate Silver Resource limits. Hole K26-08 returned a highlight intercept of 7.9 metres grading 473.2 g/t silver and 2.92 g/t gold, including 1.5 metres of 1,030 g/t silver. The company is using a 15 g/t silver cutoff for evaluation, which highlights broader mineralized zones, and plans a follow-up drill program.
Reasoning: Viscount Mining reported high-grade silver and gold drill results from its Silver Cliff Project, with significant step-out intercepts extending mineralization beyond the current Kate Silver Resource boundary. The results, particularly from hole K26-08, show strong polymetallic mineralization, indicating potential for resource expansion and further exploration success. However, the lack of true width determination and the need for further work to update the resource and re-analyze some elements are noted.
Positive factors
- High-grade silver and gold intercepts, particularly in K26-08, indicating strong mineralization.
- Step-out drilling successfully confirmed silver mineralization beyond the current resource limits, suggesting resource expansion potential.
- The use of a lower 15 g/t silver cutoff highlights broader mineralized zones, which could be economic at current silver prices.
- QA/QC procedures are mentioned, and a Qualified Person has reviewed and approved the technical information.
- Polymetallic signature in northern holes (Ag-Au-Pb-Zn) indicates a broader mineralizing system.
Negative factors
- True widths have not been determined for any reported intercepts, which may overstate actual thickness.
- The current Kate mineral resource remains unchanged, and resource expansion requires additional drilling and an updated MRE.
- Manganese grades exceeded the upper reporting limit in many samples, requiring re-analysis, which introduces a delay in full understanding of the polymetallic potential.
Facts used in scoring: 26
Classification and evidence
Bonanza Interceptpositive
Exceptionally high-grade zone, well above the deposit-type norm.
Why it applies: K26-08 returned 1.5 metres grading 1,030 g/t silver, which is exceptionally high-grade.
Evidence · text
“1.5 metres (5 ft) grading 1,030 g/t silver”
Apparent Width Onlynegative
Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.
Why it applies: All reported lengths are downhole core lengths; true widths have not been determined.
Evidence · text
“All reported lengths are downhole core lengths; true widths have not been determined.”
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: The scientific and technical information has been reviewed and approved by Harald Hoegberg, C.P.G., a 'Qualified Person' as defined under NI 43-101.
Evidence · text
“The scientific and technical information contained in this news release, including the use of a 15 g/t silver cutoff for the 2026 drill-result composites, has been reviewed and approved by Harald Hoegberg, C.P.G., an independent consulting geologist who is a "Qualified Person" as such term is defined under National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101").”
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: Silver composites are reported using a 15 g/t Ag cutoff.
Evidence · text
“For this release, silver composites are reported using a 15 g/t Ag cutoff.”
Step-Out Extensionpositive
Mineralization extended beyond the previously known limit.
Why it applies: All ten 2026 drill holes were located outside the currently defined Kate NI 43-101 resource boundary, confirming silver mineralization beyond current resource limits.
Evidence · text
“All ten 2026 drill holes were located outside the currently defined Kate NI 43-101 resource boundary, with drill sites ranging from 67.7 metres (219 ft) to approximately 1 km from the Kate Silver Resource (KSR) outline.”
Deleterious Elements Presentnegative
A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.
Why it applies: Manganese exceeded 1,000 ppm in 196 of 506 samples, with 76 samples above the laboratory's upper reporting limit, indicating widespread enrichment and requiring re-analysis.
Evidence · text
“Manganese exceeded 1,000 ppm in 196 of 506 samples, including 76 samples above the laboratory's 1,000 ppm upper reporting limit for the routine analytical method.”
Extracted facts
Stored fact records: 26. Some facts used in scoring do not have a stored record.
Drill Results (24)
K26-04Silver Cliff · silverGrade: 34.1Grade Unit: g/tIntercept: 45.7 mView all detailsHide details
Identity
- Hole ID
- K26-04
- Project
- Silver Cliff
- Commodity
- silver
- Region
- usa_co
- Reported Region
- usa_co
- Ticker
- VML.V
Geometry
- Grade
- 34.1
- Grade Unit
- g/t
- Intercept
- 45.7 m
- From
- 0 m
- To
- 45.7 m
- Intercept Depth
- 0 m
Classification
- Program
- resource
- Sample Type
- drill
- Group ID
- K26-04:0-45.7
- Mining Method
- open_pit
QA/QC
- QP Signed
- Yes
- QA/QC Methods
- standards
Compositing
- Cutoff Grade
- 15
- Cutoff Unit
- g/t
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-22T00:00:00.000Z
Reasoning: This intercept shows good silver grades over a significant width, located outside the existing resource, which is positive for potential resource expansion.
Positive factors
- Good grade and width for resource expansion.
- Located outside current resource boundary, indicating potential for growth.
Negative factors
- True width not determined.
Evidence · table
“34.1”
Context: 150 (45.7)
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
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "resource"
K26-04Silver Cliff · silverGrade: 48.9Grade Unit: g/tIntercept: 24.4 mView all detailsHide details
Identity
- Hole ID
- K26-04
- Project
- Silver Cliff
- Commodity
- silver
- Region
- usa_co
- Reported Region
- usa_co
- Ticker
- VML.V
Geometry
- Grade
- 48.9
- Grade Unit
- g/t
- Intercept
- 24.4 m
Classification
- Program
- resource
- Sample Type
- drill
- Mining Method
- open_pit
QA/QC
- QP Signed
- Yes
- QA/QC Methods
- standards
Compositing
- Cutoff Grade
- 15
- Cutoff Unit
- g/t
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-22T00:00:00.000Z
Reasoning: This is a higher-grade sub-interval within the K26-04 intercept, further enhancing the prospectivity for resource expansion.
Positive factors
- Higher grade sub-interval within a broader zone.
- Located outside current resource boundary, indicating potential for growth.
Negative factors
- True width not determined.
Evidence · text
“incl. 24.4 m @ 48.9 g/t Ag”
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
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "resource"
K26-09Silver Cliff · silverGrade: 46Grade Unit: g/tIntercept: 18 mView all detailsHide details
Identity
- Hole ID
- K26-09
- Project
- Silver Cliff
- Commodity
- silver
- Region
- usa_co
- Reported Region
- usa_co
- Ticker
- VML.V
Geometry
- Grade
- 46
- Grade Unit
- g/t
- Intercept
- 18 m
- From
- 41.76 m
- To
- 59.74 m
- Intercept Depth
- 41.76 m
Classification
- Program
- resource
- Sample Type
- drill
- Group ID
- K26-09:41.76-59.74
- Mining Method
- open_pit
QA/QC
- QP Signed
- Yes
- QA/QC Methods
- standards
Compositing
- Cutoff Grade
- 15
- Cutoff Unit
- g/t
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-22T00:00:00.000Z
Reasoning: This intercept shows good silver grades over a significant width, located outside the existing resource, which is positive for potential resource expansion.
Positive factors
- Good grade and width for resource expansion.
- Located outside current resource boundary, indicating potential for growth.
Negative factors
- True width not determined.
Evidence · table
“46.0”
Context: 59 (18.0)
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
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "resource"
K26-09Silver Cliff · silverGrade: 93.2Grade Unit: g/tIntercept: 6.1 mView all detailsHide details
Identity
- Hole ID
- K26-09
- Project
- Silver Cliff
- Commodity
- silver
- Region
- usa_co
- Reported Region
- usa_co
- Ticker
- VML.V
Geometry
- Grade
- 93.2
- Grade Unit
- g/t
- Intercept
- 6.1 m
Classification
- Program
- resource
- Sample Type
- drill
- Mining Method
- open_pit
QA/QC
- QP Signed
- Yes
- QA/QC Methods
- standards
Compositing
- Cutoff Grade
- 15
- Cutoff Unit
- g/t
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-22T00:00:00.000Z
Reasoning: This is a higher-grade sub-interval within the K26-09 intercept, further enhancing the prospectivity for resource expansion.
Positive factors
- Higher grade sub-interval within a broader zone.
- Located outside current resource boundary, indicating potential for growth.
Negative factors
- True width not determined.
Evidence · text
“incl. 6.1 m @ 93.2 g/t Ag”
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
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "resource"
K26-10Silver Cliff · silverGrade: 15.3Grade Unit: g/tIntercept: 12.5 mView all detailsHide details
Identity
- Hole ID
- K26-10
- Project
- Silver Cliff
- Commodity
- silver
- Region
- usa_co
- Reported Region
- usa_co
- Ticker
- VML.V
Geometry
- Grade
- 15.3
- Grade Unit
- g/t
- Intercept
- 12.5 m
- From
- 43.28 m
- To
- 55.78 m
- Intercept Depth
- 43.28 m
Classification
- Program
- resource
- Sample Type
- drill
- Group ID
- K26-10:43.28-55.78
- Mining Method
- open_pit
QA/QC
- QP Signed
- Yes
- QA/QC Methods
- standards
Compositing
- Cutoff Grade
- 15
- Cutoff Unit
- g/t
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-22T00:00:00.000Z
Reasoning: This intercept meets the cutoff grade and is located outside the existing resource, contributing to resource expansion potential.
Positive factors
- Meets cutoff grade for resource expansion.
- Located outside current resource boundary, indicating potential for growth.
Negative factors
- True width not determined.
Evidence · table
“15.3”
Context: 41 (12.5)
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
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "resource"
K26-10Silver Cliff · silverGrade: 54.1Grade Unit: g/tIntercept: 4 mView all detailsHide details
Identity
- Hole ID
- K26-10
- Project
- Silver Cliff
- Commodity
- silver
- Region
- usa_co
- Reported Region
- usa_co
- Ticker
- VML.V
Geometry
- Grade
- 54.1
- Grade Unit
- g/t
- Intercept
- 4 m
Classification
- Program
- resource
- Sample Type
- drill
- Mining Method
- open_pit
QA/QC
- QP Signed
- Yes
- QA/QC Methods
- standards
Compositing
- Cutoff Grade
- 15
- Cutoff Unit
- g/t
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-22T00:00:00.000Z
Reasoning: This is a higher-grade sub-interval within the K26-10 intercept, enhancing the prospectivity for resource expansion.
Positive factors
- Higher grade sub-interval within a broader zone.
- Located outside current resource boundary, indicating potential for growth.
Negative factors
- True width not determined.
Evidence · text
“incl. 4.0 m @ 54.1 g/t Ag”
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
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "resource"
K26-10Silver Cliff · silverGrade: 73.3Grade Unit: g/tIntercept: 1.5 mView all detailsHide details
Identity
- Hole ID
- K26-10
- Project
- Silver Cliff
- Commodity
- silver
- Region
- usa_co
- Reported Region
- usa_co
- Ticker
- VML.V
Geometry
- Grade
- 73.3
- Grade Unit
- g/t
- Intercept
- 1.5 m
Classification
- Program
- resource
- Sample Type
- drill
- Mining Method
- open_pit
QA/QC
- QP Signed
- Yes
- QA/QC Methods
- standards
Compositing
- Cutoff Grade
- 15
- Cutoff Unit
- g/t
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-22T00:00:00.000Z
Reasoning: This is a higher-grade sub-interval within the K26-10 intercept, enhancing the prospectivity for resource expansion.
Positive factors
- Higher grade sub-interval within a broader zone.
- Located outside current resource boundary, indicating potential for growth.
Negative factors
- True width not determined.
Evidence · text
“1.5 m @ 73.3 g/t Ag”
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
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "resource"
K26-03Silver Cliff · silverGrade: 15.5Grade Unit: g/tIntercept: 6.1 mView all detailsHide details
Identity
- Hole ID
- K26-03
- Project
- Silver Cliff
- Commodity
- silver
- Region
- usa_co
- Reported Region
- usa_co
- Ticker
- VML.V
Geometry
- Grade
- 15.5
- Grade Unit
- g/t
- Intercept
- 6.1 m
- From
- 32 m
- To
- 38.1 m
- Intercept Depth
- 32 m
Classification
- Program
- resource
- Sample Type
- drill
- Group ID
- K26-03:32-38.1
- Mining Method
- open_pit
QA/QC
- QP Signed
- Yes
- QA/QC Methods
- standards
Compositing
- Cutoff Grade
- 15
- Cutoff Unit
- g/t
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-22T00:00:00.000Z
Reasoning: This intercept meets the cutoff grade and is located outside the existing resource, contributing to resource expansion potential.
Positive factors
- Meets cutoff grade for resource expansion.
- Located outside current resource boundary, indicating potential for growth.
Negative factors
- True width not determined.
Evidence · table
“15.5”
Context: 20 (6.1)
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
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "resource"
K26-03Silver Cliff · silverGrade: 31Grade Unit: g/tIntercept: 1.5 mView all detailsHide details
Identity
- Hole ID
- K26-03
- Project
- Silver Cliff
- Commodity
- silver
- Region
- usa_co
- Reported Region
- usa_co
- Ticker
- VML.V
Geometry
- Grade
- 31
- Grade Unit
- g/t
- Intercept
- 1.5 m
Classification
- Program
- resource
- Sample Type
- drill
- Mining Method
- open_pit
QA/QC
- QP Signed
- Yes
- QA/QC Methods
- standards
Compositing
- Cutoff Grade
- 15
- Cutoff Unit
- g/t
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-22T00:00:00.000Z
Reasoning: This is a higher-grade sub-interval within the K26-03 intercept, enhancing the prospectivity for resource expansion.
Positive factors
- Higher grade sub-interval within a broader zone.
- Located outside current resource boundary, indicating potential for growth.
Negative factors
- True width not determined.
Evidence · text
“incl. 1.5 m @ 31.0 g/t Ag”
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
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "resource"
K26-01Silver Cliff · silverGrade: 15Grade Unit: g/tIntercept: 7.6 mView all detailsHide details
Identity
- Hole ID
- K26-01
- Project
- Silver Cliff
- Commodity
- silver
- Region
- usa_co
- Reported Region
- usa_co
- Ticker
- VML.V
Geometry
- Grade
- 15
- Grade Unit
- g/t
- Intercept
- 7.6 m
- From
- 23.47 m
- To
- 31.09 m
- Intercept Depth
- 23.47 m
Classification
- Program
- resource
- Sample Type
- drill
- Group ID
- K26-01:23.47-31.09
- Mining Method
- open_pit
QA/QC
- QP Signed
- Yes
- QA/QC Methods
- standards
Compositing
- Cutoff Grade
- 15
- Cutoff Unit
- g/t
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-22T00:00:00.000Z
Reasoning: This intercept meets the cutoff grade and is located outside the existing resource, contributing to resource expansion potential.
Positive factors
- Meets cutoff grade for resource expansion.
- Located outside current resource boundary, indicating potential for growth.
Negative factors
- True width not determined.
Evidence · table
“15.0”
Context: 25 (7.6)
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
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "resource"
K26-01Silver Cliff · silverGrade: 22.5Grade Unit: g/tIntercept: 4.6 mView all detailsHide details
Identity
- Hole ID
- K26-01
- Project
- Silver Cliff
- Commodity
- silver
- Region
- usa_co
- Reported Region
- usa_co
- Ticker
- VML.V
Geometry
- Grade
- 22.5
- Grade Unit
- g/t
- Intercept
- 4.6 m
Classification
- Program
- resource
- Sample Type
- drill
- Mining Method
- open_pit
QA/QC
- QP Signed
- Yes
- QA/QC Methods
- standards
Compositing
- Cutoff Grade
- 15
- Cutoff Unit
- g/t
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-22T00:00:00.000Z
Reasoning: This is a higher-grade sub-interval within the K26-01 intercept, enhancing the prospectivity for resource expansion.
Positive factors
- Higher grade sub-interval within a broader zone.
- Located outside current resource boundary, indicating potential for growth.
Negative factors
- True width not determined.
Evidence · text
“incl. 4.6 metres (15 ft ) averaging 22.5 g/t silver”
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
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "resource"
K26-08Silver Cliff · silverGrade: 267.6Grade Unit: g/tIntercept: 13.4 mView all detailsHide details
Identity
- Hole ID
- K26-08
- Project
- Silver Cliff
- Commodity
- silver
- Region
- usa_co
- Reported Region
- usa_co
- Ticker
- VML.V
Geometry
- Grade
- 267.6
- Grade Unit
- g/t
- Intercept
- 13.4 m
- From
- 77.42 m
- To
- 90.83 m
- Intercept Depth
- 77.42 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- K26-08:77.42-90.83
- Mining Method
- open_pit
Location
- Location
- North East Structural Trend Toward Passiflora
- Loc. Source
- document
QA/QC
- QP Signed
- Yes
- QA/QC Methods
- standards
Compositing
- Cutoff Grade
- 15
- Cutoff Unit
- g/t
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-22T00:00:00.000Z
Reasoning: This is a strong, high-grade silver intercept in a new exploration area, indicating significant discovery potential and a high-priority target for follow-up.
Positive factors
- Very high-grade silver over a significant width.
- Located in a new exploration trend towards Passiflora, indicating new discovery potential.
- Polymetallic signature (Ag-Au-Pb-Zn) suggests a robust mineralizing system.
Negative factors
- True width not determined.
Evidence · table
“267.6”
Context: 44 (13.4)
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
K26-08Silver Cliff · silverGrade: 473.2Grade Unit: g/tIntercept: 7.9 mView all detailsHide details
Identity
- Hole ID
- K26-08
- Project
- Silver Cliff
- Commodity
- silver
- Region
- usa_co
- Reported Region
- usa_co
- Ticker
- VML.V
Geometry
- Grade
- 473.2
- Grade Unit
- g/t
- Intercept
- 7.9 m
- From
- 80.47 m
- To
- 88.39 m
- Intercept Depth
- 80.47 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- K26-08:80.47-88.39
- Mining Method
- open_pit
Location
- Location
- North East Structural Trend Toward Passiflora
- Loc. Source
- document
QA/QC
- QP Signed
- Yes
- QA/QC Methods
- standards
Compositing
- Cutoff Grade
- 15
- Cutoff Unit
- g/t
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-22T00:00:00.000Z
Reasoning: This is an exceptional high-grade silver and gold intercept, representing a significant discovery in a new exploration area and a high-priority target for follow-up.
Positive factors
- Exceptional high-grade silver and gold over a good width.
- Located in a new exploration trend towards Passiflora, indicating new discovery potential.
- Polymetallic signature (Ag-Au-Pb-Zn) suggests a robust mineralizing system.
Negative factors
- True width not determined.
Evidence · table
“473.2”
Context: 26 (7.9)
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
K26-08Silver Cliff · goldGrade: 2.92Grade Unit: g/tIntercept: 7.9 mView all detailsHide details
Identity
- Hole ID
- K26-08
- Project
- Silver Cliff
- Commodity
- gold
- Region
- usa_co
- Reported Region
- usa_co
- Ticker
- VML.V
Geometry
- Grade
- 2.92
- Grade Unit
- g/t
- Intercept
- 7.9 m
- From
- 80.47 m
- To
- 88.39 m
- Intercept Depth
- 80.47 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- K26-08:80.47-88.39
- Mining Method
- open_pit
Location
- Location
- North East Structural Trend Toward Passiflora
- Loc. Source
- document
QA/QC
- QP Signed
- Yes
- QA/QC Methods
- standards
Compositing
- Cutoff Grade
- 15
- Cutoff Unit
- g/t
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-22T00:00:00.000Z
Reasoning: This high-grade gold intercept, alongside exceptional silver, confirms significant polymetallic mineralization in a new exploration area.
Positive factors
- High-grade gold alongside exceptional silver.
- Located in a new exploration trend towards Passiflora, indicating new discovery potential.
- Polymetallic signature (Ag-Au-Pb-Zn) suggests a robust mineralizing system.
Negative factors
- True width not determined.
Evidence · table
“2.92”
Context: 26 (7.9)
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
K26-08Silver Cliff · silverGrade: 1030Grade Unit: g/tIntercept: 1.5 mView all detailsHide details
Identity
- Hole ID
- K26-08
- Project
- Silver Cliff
- Commodity
- silver
- Region
- usa_co
- Reported Region
- usa_co
- Ticker
- VML.V
Geometry
- Grade
- 1030
- Grade Unit
- g/t
- Intercept
- 1.5 m
- From
- 84.73 m
- To
- 86.26 m
- Intercept Depth
- 84.73 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- K26-08:84.73-86.26
- Mining Method
- open_pit
Location
- Location
- North East Structural Trend Toward Passiflora
- Loc. Source
- document
QA/QC
- QP Signed
- Yes
- QA/QC Methods
- standards
Compositing
- Cutoff Grade
- 15
- Cutoff Unit
- g/t
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-22T00:00:00.000Z
Reasoning: This is an exceptional bonanza-grade silver intercept, highlighting very high-grade mineralization within the broader polymetallic zone.
Positive factors
- Exceptional bonanza-grade silver.
- Located in a new exploration trend towards Passiflora, indicating new discovery potential.
- Polymetallic signature (Ag-Au-Pb-Zn) suggests a robust mineralizing system.
Negative factors
- True width not determined.
Evidence · table
“1,030”
Context: 5 (1.5)
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
K26-08Silver Cliff · goldGrade: 1.65Grade Unit: g/tIntercept: 1.5 mView all detailsHide details
Identity
- Hole ID
- K26-08
- Project
- Silver Cliff
- Commodity
- gold
- Region
- usa_co
- Reported Region
- usa_co
- Ticker
- VML.V
Geometry
- Grade
- 1.65
- Grade Unit
- g/t
- Intercept
- 1.5 m
- From
- 84.73 m
- To
- 86.26 m
- Intercept Depth
- 84.73 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- K26-08:84.73-86.26
- Mining Method
- open_pit
Location
- Location
- North East Structural Trend Toward Passiflora
- Loc. Source
- document
QA/QC
- QP Signed
- Yes
- QA/QC Methods
- standards
Compositing
- Cutoff Grade
- 15
- Cutoff Unit
- g/t
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-22T00:00:00.000Z
Reasoning: This high-grade gold intercept, alongside bonanza silver, confirms significant polymetallic mineralization in a new exploration area.
Positive factors
- High-grade gold alongside bonanza silver.
- Located in a new exploration trend towards Passiflora, indicating new discovery potential.
- Polymetallic signature (Ag-Au-Pb-Zn) suggests a robust mineralizing system.
Negative factors
- True width not determined.
Evidence · table
“1.65”
Context: 5 (1.5)
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
K26-08Silver Cliff · silverGrade: 675Grade Unit: g/tIntercept: 1.8 mView all detailsHide details
Identity
- Hole ID
- K26-08
- Project
- Silver Cliff
- Commodity
- silver
- Region
- usa_co
- Reported Region
- usa_co
- Ticker
- VML.V
Geometry
- Grade
- 675
- Grade Unit
- g/t
- Intercept
- 1.8 m
- From
- 80.47 m
- To
- 82.29 m
- Intercept Depth
- 80.47 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- K26-08:80.47-82.29
- Mining Method
- open_pit
Location
- Location
- North East Structural Trend Toward Passiflora
- Loc. Source
- document
QA/QC
- QP Signed
- Yes
- QA/QC Methods
- standards
Compositing
- Cutoff Grade
- 15
- Cutoff Unit
- g/t
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-22T00:00:00.000Z
Reasoning: This is an exceptional high-grade silver intercept, highlighting very high-grade mineralization within the broader polymetallic zone.
Positive factors
- Exceptional high-grade silver.
- Located in a new exploration trend towards Passiflora, indicating new discovery potential.
- Polymetallic signature (Ag-Au-Pb-Zn) suggests a robust mineralizing system.
Negative factors
- True width not determined.
Evidence · table
“675”
Context: 6 (1.8)
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
K26-08Silver Cliff · goldGrade: 10.2Grade Unit: g/tIntercept: 1.8 mView all detailsHide details
Identity
- Hole ID
- K26-08
- Project
- Silver Cliff
- Commodity
- gold
- Region
- usa_co
- Reported Region
- usa_co
- Ticker
- VML.V
Geometry
- Grade
- 10.2
- Grade Unit
- g/t
- Intercept
- 1.8 m
- From
- 80.47 m
- To
- 82.29 m
- Intercept Depth
- 80.47 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- K26-08:80.47-82.29
- Mining Method
- open_pit
Location
- Location
- North East Structural Trend Toward Passiflora
- Loc. Source
- document
QA/QC
- QP Signed
- Yes
- QA/QC Methods
- standards
Compositing
- Cutoff Grade
- 15
- Cutoff Unit
- g/t
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-22T00:00:00.000Z
Reasoning: This is an exceptional high-grade gold intercept, further enhancing the prospectivity of this new exploration area.
Positive factors
- Exceptional high-grade gold alongside high-grade silver.
- Located in a new exploration trend towards Passiflora, indicating new discovery potential.
- Polymetallic signature (Ag-Au-Pb-Zn) suggests a robust mineralizing system.
Negative factors
- True width not determined.
Evidence · table
“10.20”
Context: 6 (1.8)
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
K26-07Silver Cliff · silverGrade: 28.1Grade Unit: g/tIntercept: 15.9 mView all detailsHide details
Identity
- Hole ID
- K26-07
- Project
- Silver Cliff
- Commodity
- silver
- Region
- usa_co
- Reported Region
- usa_co
- Ticker
- VML.V
Geometry
- Grade
- 28.1
- Grade Unit
- g/t
- Intercept
- 15.9 m
- From
- 99.06 m
- To
- 114.91 m
- Intercept Depth
- 99.06 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- K26-07:99.06-114.91
- Mining Method
- open_pit
Location
- Location
- Ben West Volcanic Rim Target
- Loc. Source
- document
QA/QC
- QP Signed
- Yes
- QA/QC Methods
- standards
Compositing
- Cutoff Grade
- 15
- Cutoff Unit
- g/t
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-22T00:00:00.000Z
Reasoning: This intercept shows good silver grades in a new exploration target, contributing to the broader understanding of the mineralizing system.
Positive factors
- Good silver grade over a significant width.
- Located in a new exploration target, indicating potential for new discoveries.
- Polymetallic signature (Ag-Au-Pb-Zn) suggests a robust mineralizing system.
Negative factors
- True width not determined.
Evidence · table
“28.1”
Context: 52 (15.9)
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
K26-07Silver Cliff · silverGrade: 212Grade Unit: g/tIntercept: 1.2 mView all detailsHide details
Identity
- Hole ID
- K26-07
- Project
- Silver Cliff
- Commodity
- silver
- Region
- usa_co
- Reported Region
- usa_co
- Ticker
- VML.V
Geometry
- Grade
- 212
- Grade Unit
- g/t
- Intercept
- 1.2 m
- From
- 104.85 m
- To
- 106.07 m
- Intercept Depth
- 104.85 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- K26-07:104.85-106.07
- Mining Method
- open_pit
Location
- Location
- Ben West Volcanic Rim Target
- Loc. Source
- document
QA/QC
- QP Signed
- Yes
- QA/QC Methods
- standards
Compositing
- Cutoff Grade
- 15
- Cutoff Unit
- g/t
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-22T00:00:00.000Z
Reasoning: This high-grade silver sub-interval further enhances the prospectivity of this new exploration target.
Positive factors
- High-grade silver sub-interval.
- Located in a new exploration target, indicating potential for new discoveries.
- Polymetallic signature (Ag-Au-Pb-Zn) suggests a robust mineralizing system.
Negative factors
- True width not determined.
Evidence · table
“212.0”
Context: 4 (1.2)
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
K26-07Silver Cliff · goldGrade: 0.38Grade Unit: g/tIntercept: 1.2 mView all detailsHide details
Identity
- Hole ID
- K26-07
- Project
- Silver Cliff
- Commodity
- gold
- Region
- usa_co
- Reported Region
- usa_co
- Ticker
- VML.V
Geometry
- Grade
- 0.38
- Grade Unit
- g/t
- Intercept
- 1.2 m
- From
- 104.85 m
- To
- 106.07 m
- Intercept Depth
- 104.85 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- K26-07:104.85-106.07
- Mining Method
- open_pit
Location
- Location
- Ben West Volcanic Rim Target
- Loc. Source
- document
QA/QC
- QP Signed
- Yes
- QA/QC Methods
- standards
Compositing
- Cutoff Grade
- 15
- Cutoff Unit
- g/t
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-22T00:00:00.000Z
Reasoning: The presence of gold contributes to the polymetallic nature of the mineralization in this new exploration target.
Positive factors
- Presence of gold as part of a polymetallic signature.
- Located in a new exploration target, indicating potential for new discoveries.
Negative factors
- True width not determined.
Evidence · table
“0.38”
Context: 4 (1.2)
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
K26-07Silver Cliff · leadGrade: 0.5Grade Unit: %Intercept: 1.2 mView all detailsHide details
Identity
- Hole ID
- K26-07
- Project
- Silver Cliff
- Commodity
- lead
- Region
- usa_co
- Reported Region
- usa_co
- Ticker
- VML.V
Geometry
- Grade
- 0.5
- Grade Unit
- %
- Intercept
- 1.2 m
- From
- 104.85 m
- To
- 106.07 m
- Intercept Depth
- 104.85 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- K26-07:104.85-106.07
- Mining Method
- open_pit
Location
- Location
- Ben West Volcanic Rim Target
- Loc. Source
- document
QA/QC
- QP Signed
- Yes
- QA/QC Methods
- standards
Compositing
- Cutoff Grade
- 15
- Cutoff Unit
- g/t
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-22T00:00:00.000Z
Reasoning: The presence of lead contributes to the polymetallic nature of the mineralization in this new exploration target.
Positive factors
- Presence of lead as part of a polymetallic signature.
- Located in a new exploration target, indicating potential for new discoveries.
Negative factors
- True width not determined.
Evidence · table
“0.50”
Context: 4 (1.2)
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
K26-07Silver Cliff · zincGrade: 0.5Grade Unit: %Intercept: 1.2 mView all detailsHide details
Identity
- Hole ID
- K26-07
- Project
- Silver Cliff
- Commodity
- zinc
- Region
- usa_co
- Reported Region
- usa_co
- Ticker
- VML.V
Geometry
- Grade
- 0.5
- Grade Unit
- %
- Intercept
- 1.2 m
- From
- 104.85 m
- To
- 106.07 m
- Intercept Depth
- 104.85 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- K26-07:104.85-106.07
- Mining Method
- open_pit
Location
- Location
- Ben West Volcanic Rim Target
- Loc. Source
- document
QA/QC
- QP Signed
- Yes
- QA/QC Methods
- standards
Compositing
- Cutoff Grade
- 15
- Cutoff Unit
- g/t
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-22T00:00:00.000Z
Reasoning: The presence of zinc contributes to the polymetallic nature of the mineralization in this new exploration target.
Positive factors
- Presence of zinc as part of a polymetallic signature.
- Located in a new exploration target, indicating potential for new discoveries.
Negative factors
- True width not determined.
Evidence · table
“0.50”
Context: 4 (1.2)
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
K26-05Silver Cliff · silverGrade: 46.3Grade Unit: g/tIntercept: 6.1 mView all detailsHide details
Identity
- Hole ID
- K26-05
- Project
- Silver Cliff
- Commodity
- silver
- Region
- usa_co
- Reported Region
- usa_co
- Ticker
- VML.V
Geometry
- Grade
- 46.3
- Grade Unit
- g/t
- Intercept
- 6.1 m
- From
- 19.81 m
- To
- 25.91 m
- Intercept Depth
- 19.81 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- K26-05:19.81-25.91
- Mining Method
- open_pit
Location
- Location
- Defender Structural Trend
- Loc. Source
- document
QA/QC
- QP Signed
- Yes
- QA/QC Methods
- standards
Compositing
- Cutoff Grade
- 15
- Cutoff Unit
- g/t
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-22T00:00:00.000Z
Reasoning: This intercept shows good silver grades in a new exploration target, contributing to the broader understanding of the mineralizing system.
Positive factors
- Good silver grade over a moderate width.
- Located in a new exploration target, indicating potential for new discoveries.
Negative factors
- True width not determined.
Evidence · table
“46.3”
Context: 20 (6.1)
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
Resource Estimates (2)
indicatedKate Silver Resource · silverGrade: 71Grade Unit: g/tContained Metal: 10.275Contained Unit: mozHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Kate Silver Resource
- Commodity
- silver
- Region
- usa_co
- Reported Region
- Colorado
- Ticker
- VML.V
Resource scope
- Estimate type
- resource
- Effective date
- 2023-04-01T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Resource group id
- resource:a5bdcc2a43b876038d3e
Resource Data
- Category
- indicated
- Grade
- 71
- Grade Unit
- g/t
- Contained Metal
- 10.275
- Contained Unit
- moz
- Cutoff Grade
- 30
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2023-04-01
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2023-04-01T00:00:00.000Z
Dates
- Event date
- 2026-09-22T00:00:00.000Z
Reasoning: This fact represents the existing, historical Measured and Indicated resource for the Kate project, providing context for the current drilling but not new information.
Positive factors
- Existing Measured and Indicated resource provides a base for project development.
- QP signed off on the estimate.
Negative factors
- This is a historical estimate, not new information.
- The resource remains unchanged by the current drilling.
Evidence · text
“The current April 2023 NI 43-101 Kate mineral resource contains 10.275 million ounces of silver in the measured and indicated categories at an average grade of approximately 71 g/t 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 Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 3.5 years before this release
inferredKate Silver Resource · silverGrade: 52Grade Unit: g/tContained Metal: 14.215Contained Unit: mozHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Kate Silver Resource
- Commodity
- silver
- Region
- usa_co
- Reported Region
- Colorado
- Ticker
- VML.V
Resource scope
- Estimate type
- resource
- Effective date
- 2023-04-01T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Resource group id
- resource:8251498c7c99a9743349
Resource Data
- Category
- inferred
- Grade
- 52
- Grade Unit
- g/t
- Contained Metal
- 14.215
- Contained Unit
- moz
- Cutoff Grade
- 30
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2023-04-01
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2023-04-01T00:00:00.000Z
Dates
- Event date
- 2026-09-22T00:00:00.000Z
Reasoning: This fact represents the existing, historical Inferred resource for the Kate project, providing context for the current drilling but not new information, and carries lower confidence due to its category.
Positive factors
- Existing Inferred resource provides exploration upside.
- QP signed off on the estimate.
Negative factors
- This is a historical estimate, not new information.
- The resource remains unchanged by the current drilling.
- Inferred category has lower geological confidence.
Evidence · text
“plus 14.215 million ounces inferred at approximately 52 g/t 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 Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 3.5 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.