# Visionary Commences Phase 1 Exploration Drilling at the Gold/Copper/Zinc/Silver Pt. Leamington Deposit in Central Newfoundland

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/visionary-commences-phase-1-exploration-drilling-at-the-gold-copper-zinc-silver--8b9630c3-0a85-46aa-a0f2-3e4ca787bfe3

Original source: https://money.tmx.com/en/quote/VCG/news/6688590672609432/visionary-commences-phase-1-exploration-drilling-at-the-gold-copper-zinc-silver-

Publisher: tmx

Original announcement: 2026-02-03T13:30:00.000Z

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: 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

Narrative sentiment: 0.20 · Bullish

## Minestarters Atlas 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 factor: Commencement of a fully funded exploration drill program targeting resource expansion and higher-grade zones.

- Positive factor: The project hosts significant existing gold, copper, zinc, and silver resources.

- Positive factor: Identification of new targets \(conductive zone, deeper footwall horizon\) with potential for resource growth.

- Negative factor: No new drill results are reported in this announcement, only historical intercepts.

- Negative factor: The resource estimates are re-stated from 2021, indicating no new resource update.

- Negative factor: 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 Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

Definition: 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 Update**

Polarity: neutral

Definition: 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-release**

Polarity: negative

Definition: 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 Extension**

Polarity: positive

Definition: 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-073

[Link to this fact](https://atlas-extractions.minestarters.com/news/visionary-commences-phase-1-exploration-drilling-at-the-gold-copper-zinc-silver--8b9630c3-0a85-46aa-a0f2-3e4ca787bfe3#fact-drill-facts-0)

Pt. Leamington · copper

Historical result

Needs review: historical\_restatement

#### 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 factor: 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 Disclosure**

Polarity: negative

Definition: 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 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 Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

### PL-073

[Link to this fact](https://atlas-extractions.minestarters.com/news/visionary-commences-phase-1-exploration-drilling-at-the-gold-copper-zinc-silver--8b9630c3-0a85-46aa-a0f2-3e4ca787bfe3#fact-drill-facts-1)

Pt. Leamington · gold

Historical result

Needs review: historical\_restatement

#### 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 factor: Historical data, not new results.

Evidence · text

> 0.97 g/t Au

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: 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 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 Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

### PL-073

[Link to this fact](https://atlas-extractions.minestarters.com/news/visionary-commences-phase-1-exploration-drilling-at-the-gold-copper-zinc-silver--8b9630c3-0a85-46aa-a0f2-3e4ca787bfe3#fact-drill-facts-2)

Pt. Leamington · zinc

Historical result

Needs review: historical\_restatement

#### 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 factor: Historical data, not new results.

Evidence · text

> 3.58% Zn

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: 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 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 Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

### PL-073

[Link to this fact](https://atlas-extractions.minestarters.com/news/visionary-commences-phase-1-exploration-drilling-at-the-gold-copper-zinc-silver--8b9630c3-0a85-46aa-a0f2-3e4ca787bfe3#fact-drill-facts-3)

Pt. Leamington · silver

Historical result

Needs review: historical\_restatement

#### 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 factor: Historical data, not new results.

Evidence · text

> 22.74 g/t Ag

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: 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 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 Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

### PL-024

[Link to this fact](https://atlas-extractions.minestarters.com/news/visionary-commences-phase-1-exploration-drilling-at-the-gold-copper-zinc-silver--8b9630c3-0a85-46aa-a0f2-3e4ca787bfe3#fact-drill-facts-4)

Pt. Leamington · copper

Historical result

Needs review: historical\_restatement

#### 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 factor: 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 Disclosure**

Polarity: negative

Definition: 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 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 Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

### PL-024

[Link to this fact](https://atlas-extractions.minestarters.com/news/visionary-commences-phase-1-exploration-drilling-at-the-gold-copper-zinc-silver--8b9630c3-0a85-46aa-a0f2-3e4ca787bfe3#fact-drill-facts-5)

Pt. Leamington · gold

Historical result

Needs review: historical\_restatement

#### 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 factor: Historical data, not new results.

Evidence · text

> 0.70 g/t Au

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: 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 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 Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

### PL-024

[Link to this fact](https://atlas-extractions.minestarters.com/news/visionary-commences-phase-1-exploration-drilling-at-the-gold-copper-zinc-silver--8b9630c3-0a85-46aa-a0f2-3e4ca787bfe3#fact-drill-facts-6)

Pt. Leamington · zinc

Historical result

Needs review: historical\_restatement

#### 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 factor: Historical data, not new results.

Evidence · text

> 0.67% Zn

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: 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 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 Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

### PL-024

[Link to this fact](https://atlas-extractions.minestarters.com/news/visionary-commences-phase-1-exploration-drilling-at-the-gold-copper-zinc-silver--8b9630c3-0a85-46aa-a0f2-3e4ca787bfe3#fact-drill-facts-7)

Pt. Leamington · silver

Historical result

Needs review: historical\_restatement

#### 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 factor: Historical data, not new results.

Evidence · text

> 10.96 g/t Ag

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: 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 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 Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

### PL-072

[Link to this fact](https://atlas-extractions.minestarters.com/news/visionary-commences-phase-1-exploration-drilling-at-the-gold-copper-zinc-silver--8b9630c3-0a85-46aa-a0f2-3e4ca787bfe3#fact-drill-facts-8)

Pt. Leamington · copper

Historical result

Needs review: historical\_restatement

#### 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 factor: 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 Disclosure**

Polarity: negative

Definition: 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 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 Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

### PL-072

[Link to this fact](https://atlas-extractions.minestarters.com/news/visionary-commences-phase-1-exploration-drilling-at-the-gold-copper-zinc-silver--8b9630c3-0a85-46aa-a0f2-3e4ca787bfe3#fact-drill-facts-9)

Pt. Leamington · gold

Historical result

Needs review: historical\_restatement

#### 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 factor: Historical data, not new results.

Evidence · text

> 1.08 g/t Au

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: 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 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 Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

### PL-072

[Link to this fact](https://atlas-extractions.minestarters.com/news/visionary-commences-phase-1-exploration-drilling-at-the-gold-copper-zinc-silver--8b9630c3-0a85-46aa-a0f2-3e4ca787bfe3#fact-drill-facts-10)

Pt. Leamington · zinc

Historical result

Needs review: historical\_restatement

#### 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 factor: Historical data, not new results.

Evidence · text

> 0.44% Zn

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: 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 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 Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

### PL-072

[Link to this fact](https://atlas-extractions.minestarters.com/news/visionary-commences-phase-1-exploration-drilling-at-the-gold-copper-zinc-silver--8b9630c3-0a85-46aa-a0f2-3e4ca787bfe3#fact-drill-facts-11)

Pt. Leamington · silver

Historical result

Needs review: historical\_restatement

#### 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 factor: 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 Disclosure**

Polarity: negative

Definition: 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 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 Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

### PL-004

[Link to this fact](https://atlas-extractions.minestarters.com/news/visionary-commences-phase-1-exploration-drilling-at-the-gold-copper-zinc-silver--8b9630c3-0a85-46aa-a0f2-3e4ca787bfe3#fact-drill-facts-12)

Pt. Leamington · copper

Historical result

Needs review: historical\_restatement

#### 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 factor: Historical data, not new results.

Evidence · text

> PL-004 which intersected 45.72m of 0.50% Cu

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: 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 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 Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

### PL-055

[Link to this fact](https://atlas-extractions.minestarters.com/news/visionary-commences-phase-1-exploration-drilling-at-the-gold-copper-zinc-silver--8b9630c3-0a85-46aa-a0f2-3e4ca787bfe3#fact-drill-facts-13)

Pt. Leamington · copper

Historical result

Needs review: historical\_restatement

#### 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 factor: Historical data, not new results.

Evidence · text

> PL-055 that returned 36.28m of 0.40% Cu

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: 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 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 Data Re-release**

Polarity: negative

Definition: 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)

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/visionary-commences-phase-1-exploration-drilling-at-the-gold-copper-zinc-silver--8b9630c3-0a85-46aa-a0f2-3e4ca787bfe3#fact-resource-facts-14)

Pt. Leamington Project · gold

Historical result

Needs review: historical\_restatement

#### 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 factor: Resource is in the Indicated category, providing higher confidence.

- Positive factor: Pit constrained resource, indicating potential for open-pit mining.

- Negative factor: 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 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

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

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

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/visionary-commences-phase-1-exploration-drilling-at-the-gold-copper-zinc-silver--8b9630c3-0a85-46aa-a0f2-3e4ca787bfe3#fact-resource-facts-15)

Pt. Leamington Project · silver

Historical result

Needs review: historical\_restatement

#### 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 factor: Resource is in the Indicated category, providing higher confidence.

- Positive factor: Pit constrained resource, indicating potential for open-pit mining.

- Negative factor: 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 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

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

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

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/visionary-commences-phase-1-exploration-drilling-at-the-gold-copper-zinc-silver--8b9630c3-0a85-46aa-a0f2-3e4ca787bfe3#fact-resource-facts-16)

Pt. Leamington Project · copper

Historical result

Needs review: historical\_restatement

#### 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 factor: Resource is in the Indicated category, providing higher confidence.

- Positive factor: Pit constrained resource, indicating potential for open-pit mining.

- Negative factor: 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 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

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

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

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/visionary-commences-phase-1-exploration-drilling-at-the-gold-copper-zinc-silver--8b9630c3-0a85-46aa-a0f2-3e4ca787bfe3#fact-resource-facts-17)

Pt. Leamington Project · zinc

Historical result

Needs review: historical\_restatement

#### 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 factor: Resource is in the Indicated category, providing higher confidence.

- Positive factor: Pit constrained resource, indicating potential for open-pit mining.

- Negative factor: 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 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

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

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

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/visionary-commences-phase-1-exploration-drilling-at-the-gold-copper-zinc-silver--8b9630c3-0a85-46aa-a0f2-3e4ca787bfe3#fact-resource-facts-18)

Pt. Leamington Project · lead

Historical result

Needs review: historical\_restatement

#### 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 factor: Resource is in the Indicated category, providing higher confidence.

- Positive factor: Pit constrained resource, indicating potential for open-pit mining.

- Negative factor: 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 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

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

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

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/visionary-commences-phase-1-exploration-drilling-at-the-gold-copper-zinc-silver--8b9630c3-0a85-46aa-a0f2-3e4ca787bfe3#fact-resource-facts-19)

Pt. Leamington Project · gold

Historical result

Needs review: historical\_restatement

#### 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 factor: Pit constrained resource, indicating potential for open-pit mining.

- Negative factor: Resource is in the Inferred category, which is speculative.

- Negative factor: 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 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

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

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

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/visionary-commences-phase-1-exploration-drilling-at-the-gold-copper-zinc-silver--8b9630c3-0a85-46aa-a0f2-3e4ca787bfe3#fact-resource-facts-20)

Pt. Leamington Project · silver

Historical result

Needs review: historical\_restatement

#### 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 factor: Pit constrained resource, indicating potential for open-pit mining.

- Negative factor: Resource is in the Inferred category, which is speculative.

- Negative factor: 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 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

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

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

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/visionary-commences-phase-1-exploration-drilling-at-the-gold-copper-zinc-silver--8b9630c3-0a85-46aa-a0f2-3e4ca787bfe3#fact-resource-facts-21)

Pt. Leamington Project · copper

Historical result

Needs review: historical\_restatement

#### 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 factor: Pit constrained resource, indicating potential for open-pit mining.

- Negative factor: Resource is in the Inferred category, which is speculative.

- Negative factor: 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 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

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

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

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/visionary-commences-phase-1-exploration-drilling-at-the-gold-copper-zinc-silver--8b9630c3-0a85-46aa-a0f2-3e4ca787bfe3#fact-resource-facts-22)

Pt. Leamington Project · zinc

Historical result

Needs review: historical\_restatement

#### 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 factor: Pit constrained resource, indicating potential for open-pit mining.

- Negative factor: Resource is in the Inferred category, which is speculative.

- Negative factor: 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 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

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

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

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/visionary-commences-phase-1-exploration-drilling-at-the-gold-copper-zinc-silver--8b9630c3-0a85-46aa-a0f2-3e4ca787bfe3#fact-resource-facts-23)

Pt. Leamington Project · lead

Historical result

Needs review: historical\_restatement

#### 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 factor: Pit constrained resource, indicating potential for open-pit mining.

- Negative factor: Resource is in the Inferred category, which is speculative.

- Negative factor: 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 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

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

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

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/visionary-commences-phase-1-exploration-drilling-at-the-gold-copper-zinc-silver--8b9630c3-0a85-46aa-a0f2-3e4ca787bfe3#fact-resource-facts-24)

Pt. Leamington Project · gold

Historical result

Needs review: historical\_restatement

#### 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 factor: Resource is in the Inferred category, which is speculative.

- Negative factor: 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 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

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

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

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/visionary-commences-phase-1-exploration-drilling-at-the-gold-copper-zinc-silver--8b9630c3-0a85-46aa-a0f2-3e4ca787bfe3#fact-resource-facts-25)

Pt. Leamington Project · silver

Historical result

Needs review: historical\_restatement

#### 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 factor: Resource is in the Inferred category, which is speculative.

- Negative factor: 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 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

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

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

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/visionary-commences-phase-1-exploration-drilling-at-the-gold-copper-zinc-silver--8b9630c3-0a85-46aa-a0f2-3e4ca787bfe3#fact-resource-facts-26)

Pt. Leamington Project · copper

Historical result

Needs review: historical\_restatement

#### 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 factor: Resource is in the Inferred category, which is speculative.

- Negative factor: 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 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

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

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

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/visionary-commences-phase-1-exploration-drilling-at-the-gold-copper-zinc-silver--8b9630c3-0a85-46aa-a0f2-3e4ca787bfe3#fact-resource-facts-27)

Pt. Leamington Project · zinc

Historical result

Needs review: historical\_restatement

#### 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 factor: Resource is in the Inferred category, which is speculative.

- Negative factor: 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 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

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

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

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/visionary-commences-phase-1-exploration-drilling-at-the-gold-copper-zinc-silver--8b9630c3-0a85-46aa-a0f2-3e4ca787bfe3#fact-resource-facts-28)

Pt. Leamington Project · lead

Historical result

Needs review: historical\_restatement

#### 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 factor: Resource is in the Inferred category, which is speculative.

- Negative factor: 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 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

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

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

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/visionary-commences-phase-1-exploration-drilling-at-the-gold-copper-zinc-silver--8b9630c3-0a85-46aa-a0f2-3e4ca787bfe3#fact-resource-facts-29)

Rainbow deposit · copper

Historical result

Needs review: historical\_restatement

#### 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 factor: Resource is in the Indicated category, providing higher confidence.

- Negative factor: 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 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

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

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

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/visionary-commences-phase-1-exploration-drilling-at-the-gold-copper-zinc-silver--8b9630c3-0a85-46aa-a0f2-3e4ca787bfe3#fact-resource-facts-30)

Rainbow deposit · zinc

Historical result

Needs review: historical\_restatement

#### 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 factor: Resource is in the Indicated category, providing higher confidence.

- Negative factor: 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 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

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

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

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/visionary-commences-phase-1-exploration-drilling-at-the-gold-copper-zinc-silver--8b9630c3-0a85-46aa-a0f2-3e4ca787bfe3#fact-resource-facts-31)

Rainbow deposit · gold

Historical result

Needs review: historical\_restatement

#### 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 factor: Resource is in the Indicated category, providing higher confidence.

- Negative factor: 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 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

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

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

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/visionary-commences-phase-1-exploration-drilling-at-the-gold-copper-zinc-silver--8b9630c3-0a85-46aa-a0f2-3e4ca787bfe3#fact-resource-facts-32)

Rainbow deposit · silver

Historical result

Needs review: historical\_restatement

#### 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 factor: Resource is in the Indicated category, providing higher confidence.

- Negative factor: 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 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

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

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

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/visionary-commences-phase-1-exploration-drilling-at-the-gold-copper-zinc-silver--8b9630c3-0a85-46aa-a0f2-3e4ca787bfe3#fact-resource-facts-33)

Rainbow deposit · lead

Historical result

Needs review: historical\_restatement

#### 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 factor: Resource is in the Indicated category, providing higher confidence.

- Negative factor: 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 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

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

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

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/visionary-commences-phase-1-exploration-drilling-at-the-gold-copper-zinc-silver--8b9630c3-0a85-46aa-a0f2-3e4ca787bfe3#fact-resource-facts-34)

Rainbow deposit · copper

Historical result

Needs review: historical\_restatement

#### 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 factor: Resource is in the Inferred category, which is speculative.

- Negative factor: 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 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

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

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

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/visionary-commences-phase-1-exploration-drilling-at-the-gold-copper-zinc-silver--8b9630c3-0a85-46aa-a0f2-3e4ca787bfe3#fact-resource-facts-35)

Rainbow deposit · zinc

Historical result

Needs review: historical\_restatement

#### 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 factor: Resource is in the Inferred category, which is speculative.

- Negative factor: 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 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

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

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

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/visionary-commences-phase-1-exploration-drilling-at-the-gold-copper-zinc-silver--8b9630c3-0a85-46aa-a0f2-3e4ca787bfe3#fact-resource-facts-36)

Rainbow deposit · gold

Historical result

Needs review: historical\_restatement

#### 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 factor: Resource is in the Inferred category, which is speculative.

- Negative factor: 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 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

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

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

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/visionary-commences-phase-1-exploration-drilling-at-the-gold-copper-zinc-silver--8b9630c3-0a85-46aa-a0f2-3e4ca787bfe3#fact-resource-facts-37)

Rainbow deposit · silver

Historical result

Needs review: historical\_restatement

#### 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 factor: Resource is in the Inferred category, which is speculative.

- Negative factor: 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 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

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

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

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/visionary-commences-phase-1-exploration-drilling-at-the-gold-copper-zinc-silver--8b9630c3-0a85-46aa-a0f2-3e4ca787bfe3#fact-resource-facts-38)

Rainbow deposit · lead

Historical result

Needs review: historical\_restatement

#### 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 factor: Resource is in the Inferred category, which is speculative.

- Negative factor: 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 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

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

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

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/visionary-commences-phase-1-exploration-drilling-at-the-gold-copper-zinc-silver--8b9630c3-0a85-46aa-a0f2-3e4ca787bfe3#fact-resource-facts-39)

Pine Bay deposit · copper

Historical result

Needs review: historical\_restatement

#### 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 factor: Resource is in the Inferred category, which is speculative.

- Negative factor: 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 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

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;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.
