# Visionary Announces Annual Letter to Shareholders Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/visionary-announces-annual-letter-to-shareholders--522b25d6-9366-4e13-b4e3-86e96b75cc5e Original source: https://money.tmx.com/en/quote/VCG/news/8987535419949398/visionary-announces-annual-letter-to-shareholders Publisher: tmx Original announcement: 2026-01-19T13:30:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Visionary Copper and Gold Mines Inc. - Ticker: VCG - Exchange: TSX - Region: Newfoundland - Primary commodity: Gold - Secondary commodities: Copper, Zinc, Silver, Lead - Document categories: Resource update, Other - Extracted: 2026-09-19 03:56:37 UTC Narrative sentiment: 0.40 · Bullish ## Minestarters Atlas summary Visionary Copper and Gold Mines Inc. issued its annual letter to shareholders, outlining upcoming exploration at the Pt. Leamington deposit in Newfoundland and permitting progress at the Rainbow deposit in Manitoba. The company highlighted its existing polymetallic resources and announced plans for a two-phased metallurgical program to support future development and a Preliminary Economic Assessment. Reasoning: Annual shareholder letter providing a strategic update. While it contains significant resource data, the figures are historical restatements of a 2021 estimate, providing low novelty but high context for upcoming exploration and metallurgical work. - Positive factor: Significant existing mineral resource at Pt. Leamington - Positive factor: Upcoming exploration drilling campaign to expand resource - Positive factor: Planned metallurgical program to refine recovery potential - Positive factor: Advanced Exploration Permit pending for Rainbow deposit - Negative factor: Resource data is historical \(2021\) - Negative factor: Exploration results are pending Facts used in scoring: 20 ## Classification and evidence **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: The Pt. Leamington resource figures are restatements of a 2021 estimate. Evidence · text > published an updated NI 43-101 resource estimate in 2021. **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: The document provides a summary of existing mineral resources. Evidence · text > includes: A pit constrained Indicated Mineral Resource of 5.0 Mt grading 2.5 g/t AuEq ## Extracted facts Stored fact records: 20. Some facts used in scoring do not have a stored record. ## Resource Estimates (20) ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/visionary-announces-annual-letter-to-shareholders--522b25d6-9366-4e13-b4e3-86e96b75cc5e#fact-resource-facts-0) Pt. Leamington · gold Historical result Needs review: historical\_restatement #### Identity - Project: Pt. Leamington - Commodity: gold - Region: canada\_nl - Reported Region: Newfoundland - Ticker: VCG #### Resource scope - Estimate type: resource - Resource group id: resource:9a48cb26ca6898730851 - Deposit or zone: pit constrained - Mining method: open\_pit - Material type: null #### Resource Data - Category: indicated - Tonnes: 5000000 - Contained Metal: 145.7 - Contained Unit: koz #### 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: 2026-01-19T00:00:00.000Z Reasoning: Historical indicated resource component of the Pt. Leamington deposit. Evidence · text > A pit constrained Indicated Mineral Resource of 5.0 Mt grading 2.5 g/t AuEq for 402 koz AuEq \(145.7 koz gold, 2.0 Moz silver, 60.0 Mlb copper, 153.5 Mlb zinc, 1.5 Mlb lead\) #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 4.2 years before this release ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/visionary-announces-annual-letter-to-shareholders--522b25d6-9366-4e13-b4e3-86e96b75cc5e#fact-resource-facts-1) Pt. Leamington · silver Historical result Needs review: historical\_restatement #### Identity - Project: Pt. Leamington - Commodity: silver - Region: canada\_nl - Reported Region: Newfoundland - Ticker: VCG #### Resource scope - Estimate type: resource - Resource group id: resource:9a48cb26ca6898730851 - Deposit or zone: pit constrained - Mining method: open\_pit - Material type: null #### Resource Data - Category: indicated - Tonnes: 5000000 - Contained Metal: 2 - Contained Unit: moz #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2021-10-25T00:00:00.000Z #### Dates - Event date: 2026-01-19T00:00:00.000Z Reasoning: Historical indicated silver component of the Pt. Leamington deposit. Evidence · text > 2.0 Moz silver #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 4.2 years before this release ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/visionary-announces-annual-letter-to-shareholders--522b25d6-9366-4e13-b4e3-86e96b75cc5e#fact-resource-facts-2) Pt. Leamington · copper Historical result Needs review: historical\_restatement #### Identity - Project: Pt. Leamington - Commodity: copper - Region: canada\_nl - Reported Region: Newfoundland - Ticker: VCG #### Resource scope - Estimate type: resource - Resource group id: resource:9a48cb26ca6898730851 - Deposit or zone: pit constrained - Mining method: open\_pit - Material type: null #### Resource Data - Category: indicated - Tonnes: 5000000 - Grade: 60 - Grade Unit: Mlb - Contained Metal: 60 - Contained Unit: mlb #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2021-10-25T00:00:00.000Z #### Dates - Event date: 2026-01-19T00:00:00.000Z Reasoning: Historical indicated copper component of the Pt. Leamington deposit. Evidence · text > 60.0 Mlb copper #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 4.2 years before this release ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/visionary-announces-annual-letter-to-shareholders--522b25d6-9366-4e13-b4e3-86e96b75cc5e#fact-resource-facts-3) Pt. Leamington · zinc Historical result Needs review: historical\_restatement #### Identity - Project: Pt. Leamington - Commodity: zinc - Region: canada\_nl - Reported Region: Newfoundland - Ticker: VCG #### Resource scope - Estimate type: resource - Resource group id: resource:9a48cb26ca6898730851 - Deposit or zone: pit constrained - Mining method: open\_pit - Material type: null #### Resource Data - Category: indicated - Tonnes: 5000000 - Grade: 153.5 - Grade Unit: Mlb - Contained Metal: 153.5 - Contained Unit: mlb #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2021-10-25T00:00:00.000Z #### Dates - Event date: 2026-01-19T00:00:00.000Z Reasoning: Historical indicated zinc component of the Pt. Leamington deposit. Evidence · text > 153.5 Mlb zinc #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 4.2 years before this release ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/visionary-announces-annual-letter-to-shareholders--522b25d6-9366-4e13-b4e3-86e96b75cc5e#fact-resource-facts-4) Pt. Leamington · lead Historical result Needs review: historical\_restatement #### Identity - Project: Pt. Leamington - Commodity: lead - Region: canada\_nl - Reported Region: Newfoundland - Ticker: VCG #### Resource scope - Estimate type: resource - Resource group id: resource:9a48cb26ca6898730851 - Deposit or zone: pit constrained - Mining method: open\_pit - Material type: null #### Resource Data - Category: indicated - Tonnes: 5000000 - Grade: 1.5 - Grade Unit: Mlb - Contained Metal: 1.5 - Contained Unit: mlb #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2021-10-25T00:00:00.000Z #### Dates - Event date: 2026-01-19T00:00:00.000Z Reasoning: Historical indicated lead component of the Pt. Leamington deposit. Evidence · text > 1.5 Mlb lead #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 4.2 years before this release ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/visionary-announces-annual-letter-to-shareholders--522b25d6-9366-4e13-b4e3-86e96b75cc5e#fact-resource-facts-5) Pt. Leamington · gold Historical result Needs review: historical\_restatement #### Identity - Project: Pt. Leamington - Commodity: gold - Region: canada\_nl - Reported Region: Newfoundland - Ticker: VCG #### Resource scope - Estimate type: resource - Resource group id: resource:a1533aa2180872101194 - Deposit or zone: pit constrained - Mining method: open\_pit - Material type: null #### Resource Data - Category: inferred - Tonnes: 13700000 - Contained Metal: 354.8 - Contained Unit: koz #### 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: 2026-01-19T00:00:00.000Z Reasoning: Historical inferred gold component of the Pt. Leamington deposit. Evidence · text > A pit constrained Inferred Mineral Resource of 13.7 Mt grading 2.24 g/t AuEq for 986.5 koz AuEq \(354.8 koz gold, 6.2 Moz silver, 110.2 Mlb copper, 527.3 Mlb zinc, 7.0 Mlb lead\) #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 4.2 years before this release ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/visionary-announces-annual-letter-to-shareholders--522b25d6-9366-4e13-b4e3-86e96b75cc5e#fact-resource-facts-6) Pt. Leamington · silver Historical result Needs review: historical\_restatement #### Identity - Project: Pt. Leamington - Commodity: silver - Region: canada\_nl - Reported Region: Newfoundland - Ticker: VCG #### Resource scope - Estimate type: resource - Resource group id: resource:a1533aa2180872101194 - Deposit or zone: pit constrained - Mining method: open\_pit - Material type: null #### Resource Data - Category: inferred - Tonnes: 13700000 - Contained Metal: 6.2 - Contained Unit: moz #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2021-10-25T00:00:00.000Z #### Dates - Event date: 2026-01-19T00:00:00.000Z Reasoning: Historical inferred silver component of the Pt. Leamington deposit. Evidence · text > 6.2 Moz silver #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 4.2 years before this release ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/visionary-announces-annual-letter-to-shareholders--522b25d6-9366-4e13-b4e3-86e96b75cc5e#fact-resource-facts-7) Pt. Leamington · copper Historical result Needs review: historical\_restatement #### Identity - Project: Pt. Leamington - Commodity: copper - Region: canada\_nl - Reported Region: Newfoundland - Ticker: VCG #### Resource scope - Estimate type: resource - Resource group id: resource:a1533aa2180872101194 - Deposit or zone: pit constrained - Mining method: open\_pit - Material type: null #### Resource Data - Category: inferred - Tonnes: 13700000 - Grade: 110.2 - Grade Unit: Mlb - Contained Metal: 110.2 - Contained Unit: mlb #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2021-10-25T00:00:00.000Z #### Dates - Event date: 2026-01-19T00:00:00.000Z Reasoning: Historical inferred copper component of the Pt. Leamington deposit. Evidence · text > 110.2 Mlb copper #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 4.2 years before this release ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/visionary-announces-annual-letter-to-shareholders--522b25d6-9366-4e13-b4e3-86e96b75cc5e#fact-resource-facts-8) Pt. Leamington · zinc Historical result Needs review: historical\_restatement #### Identity - Project: Pt. Leamington - Commodity: zinc - Region: canada\_nl - Reported Region: Newfoundland - Ticker: VCG #### Resource scope - Estimate type: resource - Resource group id: resource:a1533aa2180872101194 - Deposit or zone: pit constrained - Mining method: open\_pit - Material type: null #### Resource Data - Category: inferred - Tonnes: 13700000 - Grade: 527.3 - Grade Unit: Mlb - Contained Metal: 527.3 - Contained Unit: mlb #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2021-10-25T00:00:00.000Z #### Dates - Event date: 2026-01-19T00:00:00.000Z Reasoning: Historical inferred zinc component of the Pt. Leamington deposit. Evidence · text > 527.3 Mlb zinc #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 4.2 years before this release ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/visionary-announces-annual-letter-to-shareholders--522b25d6-9366-4e13-b4e3-86e96b75cc5e#fact-resource-facts-9) Pt. Leamington · lead Historical result Needs review: historical\_restatement #### Identity - Project: Pt. Leamington - Commodity: lead - Region: canada\_nl - Reported Region: Newfoundland - Ticker: VCG #### Resource scope - Estimate type: resource - Resource group id: resource:a1533aa2180872101194 - Deposit or zone: pit constrained - Mining method: open\_pit - Material type: null #### Resource Data - Category: inferred - Tonnes: 13700000 - Grade: 7 - Grade Unit: Mlb - Contained Metal: 7 - Contained Unit: mlb #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2021-10-25T00:00:00.000Z #### Dates - Event date: 2026-01-19T00:00:00.000Z Reasoning: Historical inferred lead component of the Pt. Leamington deposit. Evidence · text > 7.0 Mlb lead #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 4.2 years before this release ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/visionary-announces-annual-letter-to-shareholders--522b25d6-9366-4e13-b4e3-86e96b75cc5e#fact-resource-facts-10) Pt. Leamington · gold Historical result Needs review: historical\_restatement #### Identity - Project: Pt. Leamington - Commodity: gold - Region: canada\_nl - Reported Region: Newfoundland - Ticker: VCG #### Resource scope - Estimate type: resource - Resource group id: resource:925c6b4c02235162efb4 - Deposit or zone: out-of-pit - Mining method: open\_pit - Material type: null #### Resource Data - Category: inferred - Tonnes: 1700000 - Contained Metal: 65.4 - Contained Unit: koz #### 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: 2026-01-19T00:00:00.000Z Reasoning: Historical inferred gold component of the Pt. Leamington deposit \(out-of-pit\). Evidence · text > An out-of-pit Inferred Mineral Resource of 1.7 Mt grading 3.06 g/t AuEq for 168.5 koz AuEq \(65.4 koz gold, 1.4 Moz Ag, 13.3 Mlb copper, 102.9 Mlb zinc, 2.6 Mlb lead\) #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 4.2 years before this release ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/visionary-announces-annual-letter-to-shareholders--522b25d6-9366-4e13-b4e3-86e96b75cc5e#fact-resource-facts-11) Pt. Leamington · silver Historical result Needs review: historical\_restatement #### Identity - Project: Pt. Leamington - Commodity: silver - Region: canada\_nl - Reported Region: Newfoundland - Ticker: VCG #### Resource scope - Estimate type: resource - Resource group id: resource:925c6b4c02235162efb4 - Deposit or zone: out-of-pit - Mining method: open\_pit - Material type: null #### Resource Data - Category: inferred - Tonnes: 1700000 - Contained Metal: 1.4 - Contained Unit: moz #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2021-10-25T00:00:00.000Z #### Dates - Event date: 2026-01-19T00:00:00.000Z Reasoning: Historical inferred silver component of the Pt. Leamington deposit \(out-of-pit\). Evidence · text > 1.4 Moz Ag #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 4.2 years before this release ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/visionary-announces-annual-letter-to-shareholders--522b25d6-9366-4e13-b4e3-86e96b75cc5e#fact-resource-facts-12) Pt. Leamington · copper Historical result Needs review: historical\_restatement #### Identity - Project: Pt. Leamington - Commodity: copper - Region: canada\_nl - Reported Region: Newfoundland - Ticker: VCG #### Resource scope - Estimate type: resource - Resource group id: resource:925c6b4c02235162efb4 - Deposit or zone: out-of-pit - Mining method: open\_pit - Material type: null #### Resource Data - Category: inferred - Tonnes: 1700000 - Grade: 13.3 - Grade Unit: Mlb - Contained Metal: 13.3 - Contained Unit: mlb #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2021-10-25T00:00:00.000Z #### Dates - Event date: 2026-01-19T00:00:00.000Z Reasoning: Historical inferred copper component of the Pt. Leamington deposit \(out-of-pit\). Evidence · text > 13.3 Mlb copper #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 4.2 years before this release ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/visionary-announces-annual-letter-to-shareholders--522b25d6-9366-4e13-b4e3-86e96b75cc5e#fact-resource-facts-13) Pt. Leamington · zinc Historical result Needs review: historical\_restatement #### Identity - Project: Pt. Leamington - Commodity: zinc - Region: canada\_nl - Reported Region: Newfoundland - Ticker: VCG #### Resource scope - Estimate type: resource - Resource group id: resource:925c6b4c02235162efb4 - Deposit or zone: out-of-pit - Mining method: open\_pit - Material type: null #### Resource Data - Category: inferred - Tonnes: 1700000 - Grade: 102.9 - Grade Unit: Mlb - Contained Metal: 102.9 - Contained Unit: mlb #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2021-10-25T00:00:00.000Z #### Dates - Event date: 2026-01-19T00:00:00.000Z Reasoning: Historical inferred zinc component of the Pt. Leamington deposit \(out-of-pit\). Evidence · text > 102.9 Mlb zinc #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 4.2 years before this release ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/visionary-announces-annual-letter-to-shareholders--522b25d6-9366-4e13-b4e3-86e96b75cc5e#fact-resource-facts-14) Pt. Leamington · lead Historical result Needs review: historical\_restatement #### Identity - Project: Pt. Leamington - Commodity: lead - Region: canada\_nl - Reported Region: Newfoundland - Ticker: VCG #### Resource scope - Estimate type: resource - Resource group id: resource:925c6b4c02235162efb4 - Deposit or zone: out-of-pit - Mining method: open\_pit - Material type: null #### Resource Data - Category: inferred - Tonnes: 1700000 - Grade: 2.6 - Grade Unit: Mlb - Contained Metal: 2.6 - Contained Unit: mlb #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2021-10-25T00:00:00.000Z #### Dates - Event date: 2026-01-19T00:00:00.000Z Reasoning: Historical inferred lead component of the Pt. Leamington deposit \(out-of-pit\). Evidence · text > 2.6 Mlb lead #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 4.2 years before this release ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/visionary-announces-annual-letter-to-shareholders--522b25d6-9366-4e13-b4e3-86e96b75cc5e#fact-resource-facts-15) Rainbow · copper Historical result Needs review: historical\_restatement #### Identity - Project: Rainbow - Commodity: copper - Region: canada\_mb - Reported Region: Manitoba - Ticker: VCG #### Resource scope - Estimate type: resource - Resource group id: resource:3eaf7087b5acbfae3d17 - Deposit or zone: null - Mining method: other - Material type: null #### Resource Data - Category: indicated - Tonnes: 3440000 - Grade: 238.3 - Grade Unit: Mlb - Contained Metal: 238.3 - Contained Unit: mlb #### 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: 2026-01-19T00:00:00.000Z Reasoning: Historical indicated resource for the Rainbow deposit in Manitoba. Evidence · text > indicated mineral resource on the Rainbow deposit of 3.44 Mt grading 3.59% CuEq for 272.4 Mlb CuEq \(238.3 Mlb Cu, 56.9 Mlb Zn, 37.6 koz Au, 692.8 koz Ag, 2.3 Mlb Pb\) #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 2.5 years before this release ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/visionary-announces-annual-letter-to-shareholders--522b25d6-9366-4e13-b4e3-86e96b75cc5e#fact-resource-facts-16) Rainbow · zinc Historical result Needs review: historical\_restatement #### Identity - Project: Rainbow - Commodity: zinc - Region: canada\_mb - Reported Region: Manitoba - Ticker: VCG #### Resource scope - Estimate type: resource - Resource group id: resource:3eaf7087b5acbfae3d17 - Deposit or zone: null - Mining method: other - Material type: null #### Resource Data - Category: indicated - Tonnes: 3440000 - Grade: 56.9 - Grade Unit: Mlb - Contained Metal: 56.9 - Contained Unit: mlb #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2023-07-10T00:00:00.000Z #### Dates - Event date: 2026-01-19T00:00:00.000Z Reasoning: Historical indicated zinc component of the Rainbow deposit. Evidence · text > 56.9 Mlb Zn #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 2.5 years before this release ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/visionary-announces-annual-letter-to-shareholders--522b25d6-9366-4e13-b4e3-86e96b75cc5e#fact-resource-facts-17) Rainbow · gold Historical result Needs review: historical\_restatement #### Identity - Project: Rainbow - Commodity: gold - Region: canada\_mb - Reported Region: Manitoba - Ticker: VCG #### Resource scope - Estimate type: resource - Resource group id: resource:3eaf7087b5acbfae3d17 - Deposit or zone: null - Mining method: other - Material type: null #### Resource Data - Category: indicated - Tonnes: 3440000 - Contained Metal: 37.6 - Contained Unit: koz #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2023-07-10T00:00:00.000Z #### Dates - Event date: 2026-01-19T00:00:00.000Z Reasoning: Historical indicated gold component of the Rainbow deposit. Evidence · text > 37.6 koz Au #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 2.5 years before this release ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/visionary-announces-annual-letter-to-shareholders--522b25d6-9366-4e13-b4e3-86e96b75cc5e#fact-resource-facts-18) Rainbow · silver Historical result Needs review: historical\_restatement #### Identity - Project: Rainbow - Commodity: silver - Region: canada\_mb - Reported Region: Manitoba - Ticker: VCG #### Resource scope - Estimate type: resource - Resource group id: resource:3eaf7087b5acbfae3d17 - Deposit or zone: null - Mining method: other - Material type: null #### Resource Data - Category: indicated - Tonnes: 3440000 - Contained Metal: 692.8 - Contained Unit: koz #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2023-07-10T00:00:00.000Z #### Dates - Event date: 2026-01-19T00:00:00.000Z Reasoning: Historical indicated silver component of the Rainbow deposit. Evidence · text > 692.8 koz Ag #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 2.5 years before this release ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/visionary-announces-annual-letter-to-shareholders--522b25d6-9366-4e13-b4e3-86e96b75cc5e#fact-resource-facts-19) Rainbow · lead Historical result Needs review: historical\_restatement #### Identity - Project: Rainbow - Commodity: lead - Region: canada\_mb - Reported Region: Manitoba - Ticker: VCG #### Resource scope - Estimate type: resource - Resource group id: resource:3eaf7087b5acbfae3d17 - Deposit or zone: null - Mining method: other - Material type: null #### Resource Data - Category: indicated - Tonnes: 3440000 - Grade: 2.3 - Grade Unit: Mlb - Contained Metal: 2.3 - Contained Unit: mlb #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2023-07-10T00:00:00.000Z #### Dates - Event date: 2026-01-19T00:00:00.000Z Reasoning: Historical indicated lead component of the Rainbow deposit. Evidence · text > 2.3 Mlb Pb #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 2.5 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.