Visionary Commences Phase 1 Exploration Drilling at the Gold/Copper/Zinc/Silver Pt. Leamington Deposit in Central Newfoundland
Original announcement by tmx on
- Company
- Visionary Copper and Gold Mines Inc.
- Ticker
- VCG
- Exchange
- TSX
- Region
- Central Newfoundland
- Primary commodity
- Gold
- Secondary commodities
- Copper, Zinc, Silver, Lead
- Document categories
- Resource update, Drill results, Other, Economic study
- Extracted
- 2026-09-19 03:53:09 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Visionary Copper and Gold Mines Inc. has commenced a fully funded 3,000m Phase 1 exploration drill program at its Pt. Leamington Project in Central Newfoundland. The program aims to expand the existing gold, copper, zinc, and silver resource, identify higher-grade zones, and test strike extensions. The company re-stated its 2021 resource estimates for Pt. Leamington and also announced stock option grants and amendments.
Reasoning: The announcement details the start of an exploration drill program aimed at expanding existing resources and testing new targets, which is a positive step. However, no new drill results are presented, and the resource estimates are historical. The stock option repricing is a minor negative.
Positive factors
- Commencement of a fully funded exploration drill program targeting resource expansion and higher-grade zones.
- The project hosts significant existing gold, copper, zinc, and silver resources.
- Identification of new targets (conductive zone, deeper footwall horizon) with potential for resource growth.
Negative factors
- No new drill results are reported in this announcement, only historical intercepts.
- The resource estimates are re-stated from 2021, indicating no new resource update.
- Stock option repricing and extension, particularly for insiders, may be viewed negatively by some investors.
Low confidence — this extraction should be reviewed alongside the original source.
Facts used in scoring: 42
Classification and evidence
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: The technical information in this news release has been reviewed and approved by Aaryn Hutchins, P. Geo, a qualified person under NI 43-101.
Evidence · text
“The technical information contained in this news release has been reviewed and approved by Aaryn Hutchins, P. Geo, a qualified person under NI 43-101.”
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: The technical information has been reviewed and approved by a qualified person under NI 43-101.
Evidence · text
“The technical information contained in this news release has been reviewed and approved by Aaryn Hutchins, P. Geo, a qualified person under NI 43-101.”
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: The document re-states the pit constrained Indicated and Inferred Mineral Resources and an out-of-pit Inferred Mineral Resource for the Pt. Leamington Deposit.
Evidence · text
“A, pit constrained, Indicated Mineral Resource of 5.0 Mt grading 2.5 g/t AuEq with 402 koz AuEq (comprising 145.7 koz gold, 2.0 Moz silver, 60.0 Mlb copper, 153.5 Mlb zinc and 1.5 Mlb lead); A pit constrained Inferred Mineral Resource of 13.7 Mt grading 2.24 g/t AuEq with 986.5 koz AuEq (comprising 354.8 koz gold, 6.2 Moz silver, 110.2 Mlb copper, 527.3 Mlb zinc, 7.0 Mlb lead); and An out-of-pit Inferred Mineral Resource of 1.7 Mt grading 3.06 g/t AuEq with 168.5 koz AuEq (comprising 65.4 koz gold, 1.4 Moz Ag, 13.3 Mlb copper, 102.9 Mlb zinc, 2.6 Mlb lead).”
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: The resource estimates for Pt. Leamington are explicitly referenced as 'see news release dated October 25, 2021', indicating they are not new.
Evidence · text
“(see news release dated October 25, 2021)”
Step-Out Extensionpositive
Mineralization extended beyond the previously known limit.
Why it applies: The drill program includes testing the extension of the Deposit along strike to the south and a ~200m step-out from a historical hole.
Evidence · text
“Drilling started on a 300m drill hole testing the extension of the Deposit along strike to the south”
Extracted facts
Stored fact records: 40. Some facts used in scoring do not have a stored record.
Drill Results (14)
PL-073Pt. Leamington · copperGrade: 0.19Grade Unit: %Intercept: 6.73 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- PL-073
- Project
- Pt. Leamington
- Commodity
- copper
- Region
- canada_nl
- Reported Region
- canada_nl
- Ticker
- VCG
Geometry
- Grade
- 0.19
- Grade Unit
- %
- Intercept
- 6.73 m
Classification
- Sample Type
- drill
Location
- Location
- South Zone
- Loc. Source
- document
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2004-01-01T00:00:00.000Z
Dates
- Event date
- 2026-02-03T00:00:00.000Z
Reasoning: This is a historical drill intercept from 2004, re-stated for context, not a new result from the current program. The copper grade is weak for a VMS deposit.
Negative factors
- Historical data, not new results.
Evidence · text
“hole PL-073 which intersected 6.73m of 0.19% Cu”
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
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: the fact restates a prior release
PL-073Pt. Leamington · goldGrade: 0.97Grade Unit: g/tIntercept: 6.73 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- PL-073
- Project
- Pt. Leamington
- Commodity
- gold
- Region
- canada_nl
- Reported Region
- canada_nl
- Ticker
- VCG
Geometry
- Grade
- 0.97
- Grade Unit
- g/t
- Intercept
- 6.73 m
Classification
- Sample Type
- drill
Location
- Location
- South Zone
- Loc. Source
- document
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2004-01-01T00:00:00.000Z
Dates
- Event date
- 2026-02-03T00:00:00.000Z
Reasoning: This is a historical drill intercept from 2004, re-stated for context, not a new result from the current program. The gold grade is moderate for a VMS deposit.
Negative factors
- Historical data, not new results.
Evidence · text
“0.97 g/t Au”
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
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: the fact restates a prior release
PL-073Pt. Leamington · zincGrade: 3.58Grade Unit: %Intercept: 6.73 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- PL-073
- Project
- Pt. Leamington
- Commodity
- zinc
- Region
- canada_nl
- Reported Region
- canada_nl
- Ticker
- VCG
Geometry
- Grade
- 3.58
- Grade Unit
- %
- Intercept
- 6.73 m
Classification
- Sample Type
- drill
Location
- Location
- South Zone
- Loc. Source
- document
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2004-01-01T00:00:00.000Z
Dates
- Event date
- 2026-02-03T00:00:00.000Z
Reasoning: This is a historical drill intercept from 2004, re-stated for context, not a new result from the current program. The zinc grade is weak for a VMS deposit.
Negative factors
- Historical data, not new results.
Evidence · text
“3.58% Zn”
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
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: the fact restates a prior release
PL-073Pt. Leamington · silverGrade: 22.74Grade Unit: g/tIntercept: 6.73 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- PL-073
- Project
- Pt. Leamington
- Commodity
- silver
- Region
- canada_nl
- Reported Region
- canada_nl
- Ticker
- VCG
Geometry
- Grade
- 22.74
- Grade Unit
- g/t
- Intercept
- 6.73 m
Classification
- Sample Type
- drill
Location
- Location
- South Zone
- Loc. Source
- document
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2004-01-01T00:00:00.000Z
Dates
- Event date
- 2026-02-03T00:00:00.000Z
Reasoning: This is a historical drill intercept from 2004, re-stated for context, not a new result from the current program. The silver grade is weak for a VMS deposit.
Negative factors
- Historical data, not new results.
Evidence · text
“22.74 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
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 Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: the fact restates a prior release
PL-024Pt. Leamington · copperGrade: 0.2Grade Unit: %Intercept: 39.62 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- PL-024
- Project
- Pt. Leamington
- Commodity
- copper
- Region
- canada_nl
- Reported Region
- canada_nl
- Ticker
- VCG
Geometry
- Grade
- 0.2
- Grade Unit
- %
- Intercept
- 39.62 m
Classification
- Sample Type
- drill
Location
- Location
- South Zone
- Loc. Source
- document
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2004-01-01T00:00:00.000Z
Dates
- Event date
- 2026-02-03T00:00:00.000Z
Reasoning: This is a historical drill intercept from 2004, re-stated for context, not a new result from the current program. The copper grade is weak for a VMS deposit.
Negative factors
- Historical data, not new results.
Evidence · text
“PL-024, the southernmost, near surface hole, in the resource, which intersected 39.62m of 0.20% Cu”
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
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: the fact restates a prior release
PL-024Pt. Leamington · goldGrade: 0.7Grade Unit: g/tIntercept: 39.62 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- PL-024
- Project
- Pt. Leamington
- Commodity
- gold
- Region
- canada_nl
- Reported Region
- canada_nl
- Ticker
- VCG
Geometry
- Grade
- 0.7
- Grade Unit
- g/t
- Intercept
- 39.62 m
Classification
- Sample Type
- drill
Location
- Location
- South Zone
- Loc. Source
- document
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2004-01-01T00:00:00.000Z
Dates
- Event date
- 2026-02-03T00:00:00.000Z
Reasoning: This is a historical drill intercept from 2004, re-stated for context, not a new result from the current program. The gold grade is weak for a VMS deposit.
Negative factors
- Historical data, not new results.
Evidence · text
“0.70 g/t Au”
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
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: the fact restates a prior release
PL-024Pt. Leamington · zincGrade: 0.67Grade Unit: %Intercept: 39.62 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- PL-024
- Project
- Pt. Leamington
- Commodity
- zinc
- Region
- canada_nl
- Reported Region
- canada_nl
- Ticker
- VCG
Geometry
- Grade
- 0.67
- Grade Unit
- %
- Intercept
- 39.62 m
Classification
- Sample Type
- drill
Location
- Location
- South Zone
- Loc. Source
- document
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2004-01-01T00:00:00.000Z
Dates
- Event date
- 2026-02-03T00:00:00.000Z
Reasoning: This is a historical drill intercept from 2004, re-stated for context, not a new result from the current program. The zinc grade is weak for a VMS deposit.
Negative factors
- Historical data, not new results.
Evidence · text
“0.67% Zn”
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
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: the fact restates a prior release
PL-024Pt. Leamington · silverGrade: 10.96Grade Unit: g/tIntercept: 39.62 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- PL-024
- Project
- Pt. Leamington
- Commodity
- silver
- Region
- canada_nl
- Reported Region
- canada_nl
- Ticker
- VCG
Geometry
- Grade
- 10.96
- Grade Unit
- g/t
- Intercept
- 39.62 m
Classification
- Sample Type
- drill
Location
- Location
- South Zone
- Loc. Source
- document
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2004-01-01T00:00:00.000Z
Dates
- Event date
- 2026-02-03T00:00:00.000Z
Reasoning: This is a historical drill intercept from 2004, re-stated for context, not a new result from the current program. The silver grade is weak for a VMS deposit.
Negative factors
- Historical data, not new results.
Evidence · text
“10.96 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
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 Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: the fact restates a prior release
PL-072Pt. Leamington · copperGrade: 0.66Grade Unit: %Intercept: 8.08 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- PL-072
- Project
- Pt. Leamington
- Commodity
- copper
- Region
- canada_nl
- Reported Region
- canada_nl
- Ticker
- VCG
Geometry
- Grade
- 0.66
- Grade Unit
- %
- Intercept
- 8.08 m
- From
- 176.7 m
- To
- 184.78 m
- Intercept Depth
- 176.7 m
Classification
- Sample Type
- drill
- Group ID
- PL-072:176.7-184.78
Location
- Location
- South Zone
- Loc. Source
- document
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2000-01-01T00:00:00.000Z
Dates
- Event date
- 2026-02-03T00:00:00.000Z
Reasoning: This is a historical drill intercept from 2000, re-stated for context, not a new result from the current program. The copper grade is moderate for a VMS deposit.
Negative factors
- Historical data, not new results.
Evidence · text
“PL-072, drilled in 2000, which intersected 8.08m of 0.66% Cu”
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
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: the fact restates a prior release
PL-072Pt. Leamington · goldGrade: 1.08Grade Unit: g/tIntercept: 8.08 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- PL-072
- Project
- Pt. Leamington
- Commodity
- gold
- Region
- canada_nl
- Reported Region
- canada_nl
- Ticker
- VCG
Geometry
- Grade
- 1.08
- Grade Unit
- g/t
- Intercept
- 8.08 m
- From
- 176.7 m
- To
- 184.78 m
- Intercept Depth
- 176.7 m
Classification
- Sample Type
- drill
- Group ID
- PL-072:176.7-184.78
Location
- Location
- South Zone
- Loc. Source
- document
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2000-01-01T00:00:00.000Z
Dates
- Event date
- 2026-02-03T00:00:00.000Z
Reasoning: This is a historical drill intercept from 2000, re-stated for context, not a new result from the current program. The gold grade is moderate for a VMS deposit.
Negative factors
- Historical data, not new results.
Evidence · text
“1.08 g/t Au”
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
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: the fact restates a prior release
PL-072Pt. Leamington · zincGrade: 0.44Grade Unit: %Intercept: 8.08 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- PL-072
- Project
- Pt. Leamington
- Commodity
- zinc
- Region
- canada_nl
- Reported Region
- canada_nl
- Ticker
- VCG
Geometry
- Grade
- 0.44
- Grade Unit
- %
- Intercept
- 8.08 m
- From
- 176.7 m
- To
- 184.78 m
- Intercept Depth
- 176.7 m
Classification
- Sample Type
- drill
- Group ID
- PL-072:176.7-184.78
Location
- Location
- South Zone
- Loc. Source
- document
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2000-01-01T00:00:00.000Z
Dates
- Event date
- 2026-02-03T00:00:00.000Z
Reasoning: This is a historical drill intercept from 2000, re-stated for context, not a new result from the current program. The zinc grade is weak for a VMS deposit.
Negative factors
- Historical data, not new results.
Evidence · text
“0.44% Zn”
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
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: the fact restates a prior release
PL-072Pt. Leamington · silverGrade: 4.76Grade Unit: g/tIntercept: 8.08 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- PL-072
- Project
- Pt. Leamington
- Commodity
- silver
- Region
- canada_nl
- Reported Region
- canada_nl
- Ticker
- VCG
Geometry
- Grade
- 4.76
- Grade Unit
- g/t
- Intercept
- 8.08 m
- From
- 176.7 m
- To
- 184.78 m
- Intercept Depth
- 176.7 m
Classification
- Sample Type
- drill
- Group ID
- PL-072:176.7-184.78
Location
- Location
- South Zone
- Loc. Source
- document
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2000-01-01T00:00:00.000Z
Dates
- Event date
- 2026-02-03T00:00:00.000Z
Reasoning: This is a historical drill intercept from 2000, re-stated for context, not a new result from the current program. The silver grade is weak for a VMS deposit.
Negative factors
- Historical data, not new results.
Evidence · text
“4.76 g/t Ag from 176.7m to 184.78m”
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
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: the fact restates a prior release
PL-004Pt. Leamington · copperGrade: 0.5Grade Unit: %Intercept: 45.72 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- PL-004
- Project
- Pt. Leamington
- Commodity
- copper
- Region
- canada_nl
- Reported Region
- canada_nl
- Ticker
- VCG
Geometry
- Grade
- 0.5
- Grade Unit
- %
- Intercept
- 45.72 m
Classification
- Sample Type
- drill
Location
- Location
- South Zone
- Loc. Source
- document
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2004-01-01T00:00:00.000Z
Dates
- Event date
- 2026-02-03T00:00:00.000Z
Reasoning: This is a historical drill intercept, re-stated for context, not a new result from the current program. The copper grade is moderate for a VMS deposit.
Negative factors
- Historical data, not new results.
Evidence · text
“PL-004 which intersected 45.72m of 0.50% Cu”
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
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: the fact restates a prior release
PL-055Pt. Leamington · copperGrade: 0.4Grade Unit: %Intercept: 36.28 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- PL-055
- Project
- Pt. Leamington
- Commodity
- copper
- Region
- canada_nl
- Reported Region
- canada_nl
- Ticker
- VCG
Geometry
- Grade
- 0.4
- Grade Unit
- %
- Intercept
- 36.28 m
Classification
- Sample Type
- drill
Location
- Location
- South Zone
- Loc. Source
- document
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2004-01-01T00:00:00.000Z
Dates
- Event date
- 2026-02-03T00:00:00.000Z
Reasoning: This is a historical drill intercept, re-stated for context, not a new result from the current program. The copper grade is moderate for a VMS deposit.
Negative factors
- Historical data, not new results.
Evidence · text
“PL-055 that returned 36.28m of 0.40% Cu”
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
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: the fact restates a prior release
Resource Estimates (26)
indicatedPt. Leamington Project · goldTonnes: 5000000Grade: 2.5Grade Unit: g/tContained Metal: 402Contained Unit: kozHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Pt. Leamington Project
- Commodity
- gold
- Region
- canada_nl
- Reported Region
- Central Newfoundland
- Ticker
- VCG
Resource scope
- Estimate type
- resource
- Effective date
- 2021-10-25T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Aaryn Hutchins
- Resource group id
- resource:963ea98e81986f38617d
- Deposit or zone
- Pt. Leamington Deposit
- Mining method
- open_pit
- Material type
- pit constrained
Resource Data
- Category
- indicated
- Tonnes
- 5000000
- Grade
- 2.5
- Grade Unit
- g/t
- 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
- 2026-02-03T00:00:00.000Z
Reasoning: This is a re-stated Indicated Mineral Resource from 2021, not a new estimate. The gold equivalent grade is strong for an open-pit VMS deposit.
Positive factors
- Resource is in the Indicated category, providing higher confidence.
- Pit constrained resource, indicating potential for open-pit mining.
Negative factors
- This is a re-statement of a historical estimate from 2021, not a new update.
Evidence · text
“Indicated Mineral Resource of 5.0 Mt grading 2.5 g/t AuEq with 402 koz AuEq (comprising 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
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 4.3 years before this release
indicatedPt. Leamington Project · silverTonnes: 5000000Contained Metal: 2Contained Unit: mozHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Pt. Leamington Project
- Commodity
- silver
- Region
- canada_nl
- Reported Region
- Central Newfoundland
- Ticker
- VCG
Resource scope
- Estimate type
- resource
- Effective date
- 2021-10-25T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Aaryn Hutchins
- Resource group id
- resource:963ea98e81986f38617d
- Deposit or zone
- Pt. Leamington Deposit
- Mining method
- open_pit
- Material type
- pit constrained
Resource Data
- Category
- indicated
- Tonnes
- 5000000
- Contained Metal
- 2
- Contained Unit
- moz
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
- 2026-02-03T00:00:00.000Z
Reasoning: This is a re-stated Indicated Mineral Resource from 2021, not a new estimate. The contained silver is a significant byproduct.
Positive factors
- Resource is in the Indicated category, providing higher confidence.
- Pit constrained resource, indicating potential for open-pit mining.
Negative factors
- This is a re-statement of a historical estimate from 2021, not a new update.
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
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 4.3 years before this release
indicatedPt. Leamington Project · copperTonnes: 5000000Contained Metal: 60Contained Unit: mlbHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Pt. Leamington Project
- Commodity
- copper
- Region
- canada_nl
- Reported Region
- Central Newfoundland
- Ticker
- VCG
Resource scope
- Estimate type
- resource
- Effective date
- 2021-10-25T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Aaryn Hutchins
- Resource group id
- resource:963ea98e81986f38617d
- Deposit or zone
- Pt. Leamington Deposit
- Mining method
- open_pit
- Material type
- pit constrained
Resource Data
- Category
- indicated
- Tonnes
- 5000000
- Contained Metal
- 60
- Contained Unit
- mlb
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
- 2026-02-03T00:00:00.000Z
Reasoning: This is a re-stated Indicated Mineral Resource from 2021, not a new estimate. The contained copper is a significant byproduct.
Positive factors
- Resource is in the Indicated category, providing higher confidence.
- Pit constrained resource, indicating potential for open-pit mining.
Negative factors
- This is a re-statement of a historical estimate from 2021, not a new update.
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
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 4.3 years before this release
indicatedPt. Leamington Project · zincTonnes: 5000000Contained Metal: 153.5Contained Unit: mlbHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Pt. Leamington Project
- Commodity
- zinc
- Region
- canada_nl
- Reported Region
- Central Newfoundland
- Ticker
- VCG
Resource scope
- Estimate type
- resource
- Effective date
- 2021-10-25T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Aaryn Hutchins
- Resource group id
- resource:963ea98e81986f38617d
- Deposit or zone
- Pt. Leamington Deposit
- Mining method
- open_pit
- Material type
- pit constrained
Resource Data
- Category
- indicated
- Tonnes
- 5000000
- Contained Metal
- 153.5
- Contained Unit
- mlb
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
- 2026-02-03T00:00:00.000Z
Reasoning: This is a re-stated Indicated Mineral Resource from 2021, not a new estimate. The contained zinc is a significant byproduct.
Positive factors
- Resource is in the Indicated category, providing higher confidence.
- Pit constrained resource, indicating potential for open-pit mining.
Negative factors
- This is a re-statement of a historical estimate from 2021, not a new update.
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
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 4.3 years before this release
indicatedPt. Leamington Project · leadTonnes: 5000000Contained Metal: 1.5Contained Unit: mlbHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Pt. Leamington Project
- Commodity
- lead
- Region
- canada_nl
- Reported Region
- Central Newfoundland
- Ticker
- VCG
Resource scope
- Estimate type
- resource
- Effective date
- 2021-10-25T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Aaryn Hutchins
- Resource group id
- resource:963ea98e81986f38617d
- Deposit or zone
- Pt. Leamington Deposit
- Mining method
- open_pit
- Material type
- pit constrained
Resource Data
- Category
- indicated
- Tonnes
- 5000000
- Contained Metal
- 1.5
- Contained Unit
- mlb
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
- 2026-02-03T00:00:00.000Z
Reasoning: This is a re-stated Indicated Mineral Resource from 2021, not a new estimate. The contained lead is a byproduct.
Positive factors
- Resource is in the Indicated category, providing higher confidence.
- Pit constrained resource, indicating potential for open-pit mining.
Negative factors
- This is a re-statement of a historical estimate from 2021, not a new update.
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
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 4.3 years before this release
inferredPt. Leamington Project · goldTonnes: 13700000Grade: 2.24Grade Unit: g/tContained Metal: 986.5Contained Unit: kozHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Pt. Leamington Project
- Commodity
- gold
- Region
- canada_nl
- Reported Region
- Central Newfoundland
- Ticker
- VCG
Resource scope
- Estimate type
- resource
- Effective date
- 2021-10-25T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Aaryn Hutchins
- Resource group id
- resource:a312030d09e2926f6451
- Deposit or zone
- Pt. Leamington Deposit
- Mining method
- open_pit
- Material type
- pit constrained
Resource Data
- Category
- inferred
- Tonnes
- 13700000
- Grade
- 2.24
- Grade Unit
- g/t
- 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
- 2026-02-03T00:00:00.000Z
Reasoning: This is a re-stated Inferred Mineral Resource from 2021, not a new estimate. The gold equivalent grade is strong for an open-pit VMS deposit, but the Inferred category carries lower confidence.
Positive factors
- Pit constrained resource, indicating potential for open-pit mining.
Negative factors
- Resource is in the Inferred category, which is speculative.
- This is a re-statement of a historical estimate from 2021, not a new update.
Evidence · text
“Inferred Mineral Resource of 13.7 Mt grading 2.24 g/t AuEq with 986.5 koz AuEq (comprising 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
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 4.3 years before this release
inferredPt. Leamington Project · silverTonnes: 13700000Contained Metal: 6.2Contained Unit: mozHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Pt. Leamington Project
- Commodity
- silver
- Region
- canada_nl
- Reported Region
- Central Newfoundland
- Ticker
- VCG
Resource scope
- Estimate type
- resource
- Effective date
- 2021-10-25T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Aaryn Hutchins
- Resource group id
- resource:a312030d09e2926f6451
- Deposit or zone
- Pt. Leamington Deposit
- Mining method
- open_pit
- Material type
- pit constrained
Resource Data
- Category
- inferred
- Tonnes
- 13700000
- Contained Metal
- 6.2
- Contained Unit
- moz
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
- 2026-02-03T00:00:00.000Z
Reasoning: This is a re-stated Inferred Mineral Resource from 2021, not a new estimate. The contained silver is a significant byproduct, but the Inferred category carries lower confidence.
Positive factors
- Pit constrained resource, indicating potential for open-pit mining.
Negative factors
- Resource is in the Inferred category, which is speculative.
- This is a re-statement of a historical estimate from 2021, not a new update.
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
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 4.3 years before this release
inferredPt. Leamington Project · copperTonnes: 13700000Contained Metal: 110.2Contained Unit: mlbHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Pt. Leamington Project
- Commodity
- copper
- Region
- canada_nl
- Reported Region
- Central Newfoundland
- Ticker
- VCG
Resource scope
- Estimate type
- resource
- Effective date
- 2021-10-25T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Aaryn Hutchins
- Resource group id
- resource:a312030d09e2926f6451
- Deposit or zone
- Pt. Leamington Deposit
- Mining method
- open_pit
- Material type
- pit constrained
Resource Data
- Category
- inferred
- Tonnes
- 13700000
- Contained Metal
- 110.2
- Contained Unit
- mlb
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
- 2026-02-03T00:00:00.000Z
Reasoning: This is a re-stated Inferred Mineral Resource from 2021, not a new estimate. The contained copper is a significant byproduct, but the Inferred category carries lower confidence.
Positive factors
- Pit constrained resource, indicating potential for open-pit mining.
Negative factors
- Resource is in the Inferred category, which is speculative.
- This is a re-statement of a historical estimate from 2021, not a new update.
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
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 4.3 years before this release
inferredPt. Leamington Project · zincTonnes: 13700000Contained Metal: 527.3Contained Unit: mlbHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Pt. Leamington Project
- Commodity
- zinc
- Region
- canada_nl
- Reported Region
- Central Newfoundland
- Ticker
- VCG
Resource scope
- Estimate type
- resource
- Effective date
- 2021-10-25T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Aaryn Hutchins
- Resource group id
- resource:a312030d09e2926f6451
- Deposit or zone
- Pt. Leamington Deposit
- Mining method
- open_pit
- Material type
- pit constrained
Resource Data
- Category
- inferred
- Tonnes
- 13700000
- Contained Metal
- 527.3
- Contained Unit
- mlb
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
- 2026-02-03T00:00:00.000Z
Reasoning: This is a re-stated Inferred Mineral Resource from 2021, not a new estimate. The contained zinc is a significant byproduct, but the Inferred category carries lower confidence.
Positive factors
- Pit constrained resource, indicating potential for open-pit mining.
Negative factors
- Resource is in the Inferred category, which is speculative.
- This is a re-statement of a historical estimate from 2021, not a new update.
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
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 4.3 years before this release
inferredPt. Leamington Project · leadTonnes: 13700000Contained Metal: 7Contained Unit: mlbHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Pt. Leamington Project
- Commodity
- lead
- Region
- canada_nl
- Reported Region
- Central Newfoundland
- Ticker
- VCG
Resource scope
- Estimate type
- resource
- Effective date
- 2021-10-25T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Aaryn Hutchins
- Resource group id
- resource:a312030d09e2926f6451
- Deposit or zone
- Pt. Leamington Deposit
- Mining method
- open_pit
- Material type
- pit constrained
Resource Data
- Category
- inferred
- Tonnes
- 13700000
- Contained Metal
- 7
- Contained Unit
- mlb
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
- 2026-02-03T00:00:00.000Z
Reasoning: This is a re-stated Inferred Mineral Resource from 2021, not a new estimate. The contained lead is a byproduct, but the Inferred category carries lower confidence.
Positive factors
- Pit constrained resource, indicating potential for open-pit mining.
Negative factors
- Resource is in the Inferred category, which is speculative.
- This is a re-statement of a historical estimate from 2021, not a new update.
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
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 4.3 years before this release
inferredPt. Leamington Project · goldTonnes: 1700000Grade: 3.06Grade Unit: g/tContained Metal: 168.5Contained Unit: kozHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Pt. Leamington Project
- Commodity
- gold
- Region
- canada_nl
- Reported Region
- Central Newfoundland
- Ticker
- VCG
Resource scope
- Estimate type
- resource
- Effective date
- 2021-10-25T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Aaryn Hutchins
- Resource group id
- resource:d1c8a6028289d24b67c7
- Deposit or zone
- Pt. Leamington Deposit
- Mining method
- underground
- Material type
- out-of-pit
Resource Data
- Category
- inferred
- Tonnes
- 1700000
- Grade
- 3.06
- Grade Unit
- g/t
- 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
- 2026-02-03T00:00:00.000Z
Reasoning: This is a re-stated Inferred Mineral Resource from 2021, not a new estimate. The gold equivalent grade is moderate for an underground VMS deposit, but the Inferred category carries lower confidence.
Negative factors
- Resource is in the Inferred category, which is speculative.
- This is a re-statement of a historical estimate from 2021, not a new update.
Evidence · text
“An out-of-pit Inferred Mineral Resource of 1.7 Mt grading 3.06 g/t AuEq with 168.5 koz AuEq (comprising 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
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 4.3 years before this release
inferredPt. Leamington Project · silverTonnes: 1700000Contained Metal: 1.4Contained Unit: mozHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Pt. Leamington Project
- Commodity
- silver
- Region
- canada_nl
- Reported Region
- Central Newfoundland
- Ticker
- VCG
Resource scope
- Estimate type
- resource
- Effective date
- 2021-10-25T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Aaryn Hutchins
- Resource group id
- resource:d1c8a6028289d24b67c7
- Deposit or zone
- Pt. Leamington Deposit
- Mining method
- underground
- Material type
- out-of-pit
Resource Data
- Category
- inferred
- Tonnes
- 1700000
- Contained Metal
- 1.4
- Contained Unit
- moz
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
- 2026-02-03T00:00:00.000Z
Reasoning: This is a re-stated Inferred Mineral Resource from 2021, not a new estimate. The contained silver is a significant byproduct, but the Inferred category carries lower confidence.
Negative factors
- Resource is in the Inferred category, which is speculative.
- This is a re-statement of a historical estimate from 2021, not a new update.
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
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 4.3 years before this release
inferredPt. Leamington Project · copperTonnes: 1700000Contained Metal: 13.3Contained Unit: mlbHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Pt. Leamington Project
- Commodity
- copper
- Region
- canada_nl
- Reported Region
- Central Newfoundland
- Ticker
- VCG
Resource scope
- Estimate type
- resource
- Effective date
- 2021-10-25T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Aaryn Hutchins
- Resource group id
- resource:d1c8a6028289d24b67c7
- Deposit or zone
- Pt. Leamington Deposit
- Mining method
- underground
- Material type
- out-of-pit
Resource Data
- Category
- inferred
- Tonnes
- 1700000
- Contained Metal
- 13.3
- Contained Unit
- mlb
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
- 2026-02-03T00:00:00.000Z
Reasoning: This is a re-stated Inferred Mineral Resource from 2021, not a new estimate. The contained copper is a significant byproduct, but the Inferred category carries lower confidence.
Negative factors
- Resource is in the Inferred category, which is speculative.
- This is a re-statement of a historical estimate from 2021, not a new update.
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
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 4.3 years before this release
inferredPt. Leamington Project · zincTonnes: 1700000Contained Metal: 102.9Contained Unit: mlbHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Pt. Leamington Project
- Commodity
- zinc
- Region
- canada_nl
- Reported Region
- Central Newfoundland
- Ticker
- VCG
Resource scope
- Estimate type
- resource
- Effective date
- 2021-10-25T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Aaryn Hutchins
- Resource group id
- resource:d1c8a6028289d24b67c7
- Deposit or zone
- Pt. Leamington Deposit
- Mining method
- underground
- Material type
- out-of-pit
Resource Data
- Category
- inferred
- Tonnes
- 1700000
- Contained Metal
- 102.9
- Contained Unit
- mlb
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
- 2026-02-03T00:00:00.000Z
Reasoning: This is a re-stated Inferred Mineral Resource from 2021, not a new estimate. The contained zinc is a significant byproduct, but the Inferred category carries lower confidence.
Negative factors
- Resource is in the Inferred category, which is speculative.
- This is a re-statement of a historical estimate from 2021, not a new update.
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
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 4.3 years before this release
inferredPt. Leamington Project · leadTonnes: 1700000Contained Metal: 2.6Contained Unit: mlbHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Pt. Leamington Project
- Commodity
- lead
- Region
- canada_nl
- Reported Region
- Central Newfoundland
- Ticker
- VCG
Resource scope
- Estimate type
- resource
- Effective date
- 2021-10-25T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Aaryn Hutchins
- Resource group id
- resource:d1c8a6028289d24b67c7
- Deposit or zone
- Pt. Leamington Deposit
- Mining method
- underground
- Material type
- out-of-pit
Resource Data
- Category
- inferred
- Tonnes
- 1700000
- Contained Metal
- 2.6
- Contained Unit
- mlb
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
- 2026-02-03T00:00:00.000Z
Reasoning: This is a re-stated Inferred Mineral Resource from 2021, not a new estimate. The contained lead is a byproduct, but the Inferred category carries lower confidence.
Negative factors
- Resource is in the Inferred category, which is speculative.
- This is a re-statement of a historical estimate from 2021, not a new update.
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
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 4.3 years before this release
indicatedRainbow deposit · copperTonnes: 3440000Grade: 3.59Grade Unit: %Contained Metal: 272.4Contained Unit: mlbHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Rainbow deposit
- 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
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Aaryn Hutchins
- Resource group id
- resource:649504932f0ae5724531
- Deposit or zone
- Rainbow deposit
Resource Data
- Category
- indicated
- Tonnes
- 3440000
- Grade
- 3.59
- Grade Unit
- %
- Contained Metal
- 272.4
- Contained Unit
- mlb
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
- 2026-02-03T00:00:00.000Z
Reasoning: This is a re-stated Indicated Mineral Resource from 2023, not a new estimate. The copper equivalent grade is strong for a VMS deposit.
Positive factors
- Resource is in the Indicated category, providing higher confidence.
Negative factors
- This is a re-statement of a historical estimate from 2023, not a new update.
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”
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
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 2.6 years before this release
indicatedRainbow deposit · zincTonnes: 3440000Contained Metal: 56.9Contained Unit: mlbHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Rainbow deposit
- 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
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Aaryn Hutchins
- Resource group id
- resource:649504932f0ae5724531
- Deposit or zone
- Rainbow deposit
Resource Data
- Category
- indicated
- Tonnes
- 3440000
- Contained Metal
- 56.9
- Contained Unit
- mlb
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
- 2026-02-03T00:00:00.000Z
Reasoning: This is a re-stated Indicated Mineral Resource from 2023, not a new estimate. The contained zinc is a significant byproduct.
Positive factors
- Resource is in the Indicated category, providing higher confidence.
Negative factors
- This is a re-statement of a historical estimate from 2023, not a new update.
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
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 2.6 years before this release
indicatedRainbow deposit · goldTonnes: 3440000Contained Metal: 37.6Contained Unit: kozHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Rainbow deposit
- 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
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Aaryn Hutchins
- Resource group id
- resource:649504932f0ae5724531
- Deposit or zone
- Rainbow deposit
Resource Data
- Category
- indicated
- Tonnes
- 3440000
- Contained Metal
- 37.6
- Contained Unit
- koz
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
- 2026-02-03T00:00:00.000Z
Reasoning: This is a re-stated Indicated Mineral Resource from 2023, not a new estimate. The contained gold is a significant byproduct.
Positive factors
- Resource is in the Indicated category, providing higher confidence.
Negative factors
- This is a re-statement of a historical estimate from 2023, not a new update.
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
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 2.6 years before this release
indicatedRainbow deposit · silverTonnes: 3440000Contained Metal: 692.8Contained Unit: kozHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Rainbow deposit
- 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
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Aaryn Hutchins
- Resource group id
- resource:649504932f0ae5724531
- Deposit or zone
- Rainbow deposit
Resource Data
- Category
- indicated
- Tonnes
- 3440000
- Contained Metal
- 692.8
- Contained Unit
- koz
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
- 2026-02-03T00:00:00.000Z
Reasoning: This is a re-stated Indicated Mineral Resource from 2023, not a new estimate. The contained silver is a significant byproduct.
Positive factors
- Resource is in the Indicated category, providing higher confidence.
Negative factors
- This is a re-statement of a historical estimate from 2023, not a new update.
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
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 2.6 years before this release
indicatedRainbow deposit · leadTonnes: 3440000Contained Metal: 2.3Contained Unit: mlbHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Rainbow deposit
- 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
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Aaryn Hutchins
- Resource group id
- resource:649504932f0ae5724531
- Deposit or zone
- Rainbow deposit
Resource Data
- Category
- indicated
- Tonnes
- 3440000
- Contained Metal
- 2.3
- Contained Unit
- mlb
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
- 2026-02-03T00:00:00.000Z
Reasoning: This is a re-stated Indicated Mineral Resource from 2023, not a new estimate. The contained lead is a byproduct.
Positive factors
- Resource is in the Indicated category, providing higher confidence.
Negative factors
- This is a re-statement of a historical estimate from 2023, not a new update.
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
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 2.6 years before this release
inferredRainbow deposit · copperTonnes: 1280000Grade: 2.95Grade Unit: %Contained Metal: 83.4Contained Unit: mlbHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Rainbow deposit
- 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
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Aaryn Hutchins
- Resource group id
- resource:2c9d439332c6a7886108
- Deposit or zone
- Rainbow deposit
Resource Data
- Category
- inferred
- Tonnes
- 1280000
- Grade
- 2.95
- Grade Unit
- %
- Contained Metal
- 83.4
- Contained Unit
- mlb
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
- 2026-02-03T00:00:00.000Z
Reasoning: This is a re-stated Inferred Mineral Resource from 2023, not a new estimate. The copper equivalent grade is strong for a VMS deposit, but the Inferred category carries lower confidence.
Negative factors
- Resource is in the Inferred category, which is speculative.
- This is a re-statement of a historical estimate from 2023, not a new update.
Evidence · text
“inferred mineral resource on the Rainbow deposit of 1.28 Mt grading 2.95% CuEq containing 83.4 Mlb CuEq (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
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 2.6 years before this release
inferredRainbow deposit · zincTonnes: 1280000Contained Metal: 19.5Contained Unit: mlbHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Rainbow deposit
- 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
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Aaryn Hutchins
- Resource group id
- resource:2c9d439332c6a7886108
- Deposit or zone
- Rainbow deposit
Resource Data
- Category
- inferred
- Tonnes
- 1280000
- Contained Metal
- 19.5
- Contained Unit
- mlb
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
- 2026-02-03T00:00:00.000Z
Reasoning: This is a re-stated Inferred Mineral Resource from 2023, not a new estimate. The contained zinc is a significant byproduct, but the Inferred category carries lower confidence.
Negative factors
- Resource is in the Inferred category, which is speculative.
- This is a re-statement of a historical estimate from 2023, not a new update.
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
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 2.6 years before this release
inferredRainbow deposit · goldTonnes: 1280000Contained Metal: 11.1Contained Unit: kozHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Rainbow deposit
- 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
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Aaryn Hutchins
- Resource group id
- resource:2c9d439332c6a7886108
- Deposit or zone
- Rainbow deposit
Resource Data
- Category
- inferred
- Tonnes
- 1280000
- Contained Metal
- 11.1
- Contained Unit
- koz
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
- 2026-02-03T00:00:00.000Z
Reasoning: This is a re-stated Inferred Mineral Resource from 2023, not a new estimate. The contained gold is a significant byproduct, but the Inferred category carries lower confidence.
Negative factors
- Resource is in the Inferred category, which is speculative.
- This is a re-statement of a historical estimate from 2023, not a new update.
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
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 2.6 years before this release
inferredRainbow deposit · silverTonnes: 1280000Contained Metal: 222.2Contained Unit: kozHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Rainbow deposit
- 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
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Aaryn Hutchins
- Resource group id
- resource:2c9d439332c6a7886108
- Deposit or zone
- Rainbow deposit
Resource Data
- Category
- inferred
- Tonnes
- 1280000
- Contained Metal
- 222.2
- Contained Unit
- koz
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
- 2026-02-03T00:00:00.000Z
Reasoning: This is a re-stated Inferred Mineral Resource from 2023, not a new estimate. The contained silver is a significant byproduct, but the Inferred category carries lower confidence.
Negative factors
- Resource is in the Inferred category, which is speculative.
- This is a re-statement of a historical estimate from 2023, not a new update.
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
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 2.6 years before this release
inferredRainbow deposit · leadTonnes: 1280000Contained Metal: 0.8Contained Unit: mlbHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Rainbow deposit
- 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
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Aaryn Hutchins
- Resource group id
- resource:2c9d439332c6a7886108
- Deposit or zone
- Rainbow deposit
Resource Data
- Category
- inferred
- Tonnes
- 1280000
- Contained Metal
- 0.8
- Contained Unit
- mlb
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
- 2026-02-03T00:00:00.000Z
Reasoning: This is a re-stated Inferred Mineral Resource from 2023, not a new estimate. The contained lead is a byproduct, but the Inferred category carries lower confidence.
Negative factors
- Resource is in the Inferred category, which is speculative.
- This is a re-statement of a historical estimate from 2023, not a new update.
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
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 2.6 years before this release
inferredPine Bay deposit · copperTonnes: 1000000Grade: 2.62Grade Unit: %Contained Metal: 58.1Contained Unit: mlbHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Pine Bay deposit
- 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
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Aaryn Hutchins
- Resource group id
- resource:668636e32ceea3810b31
- Deposit or zone
- Pine Bay deposit
Resource Data
- Category
- inferred
- Tonnes
- 1000000
- Grade
- 2.62
- Grade Unit
- %
- Contained Metal
- 58.1
- Contained Unit
- mlb
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
- 2026-02-03T00:00:00.000Z
Reasoning: This is a re-stated Inferred Mineral Resource from 2023, not a new estimate. The copper grade is strong for a VMS deposit, but the Inferred category carries lower confidence.
Negative factors
- Resource is in the Inferred category, which is speculative.
- This is a re-statement of a historical estimate from 2023, not a new update.
Evidence · text
“inferred mineral resource at the Pine Bay deposit of 1.0 Mt grading 2.62% Cu containing 58.1 Mlb Cu (see news release dated July 10, 2023)”
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
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 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.