Visionary Outlines 20,000-Metre Phase 2 Drill Program to Grow Pt. Leamington Resource and Advance Kraken Copper Discovery
Original announcement by tmx on
- Company
- Visionary Copper and Gold Mines Inc.
- Ticker
- VCG
- Exchange
- TSX
- Region
- Newfoundland
- Primary commodity
- Copper
- Secondary commodities
- Gold, Silver, Zinc, Lead
- Document categories
- Drill results, Resource update
- Extracted
- 2026-09-19 02:23:23 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Visionary Copper and Gold Mines Inc. has announced a 20,000-metre Phase 2 drilling program at the Pt. Leamington Project in Newfoundland. The program aims to expand the existing VMS resource, convert inferred tonnes to indicated, and further define the newly discovered Kraken copper-rich footwall zone.
Reasoning: The company is launching a large-scale drilling program to expand a known VMS system and define a new discovery (Kraken), providing a clear path to resource growth.
Positive factors
- Announcement of a significant 20,000-metre Phase 2 drill program
- Clear objectives for resource growth and conversion of inferred to indicated
- Discovery of the Kraken copper-rich footwall stringer zone
- Historical resource base provided as a baseline for growth
Negative factors
- The primary resource estimate provided is historical (2021)
Facts used in scoring: 18
Classification and evidence
Step-Out Extensionpositive
Mineralization extended beyond the previously known limit.
Why it applies: Phase 2 aims to extend the massive sulphide resource and explore Kraken extensions up-dip and along strike.
Evidence · text
“It will also test for extensions of the massive sulphides and progressively explore for extensions of the Kraken zone up-dip and along strike.”
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: Phase 2 targets the conversion of inferred resources to indicated through infill drilling.
Evidence · text
“Target the conversion of approximately 50% of the 13.7 million tonnes of pit-constrained Inferred Mineral Resources to the Indicated category through infill drilling.”
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: The resource estimate provided is from a 2021 Technical Report.
Evidence · text
“The NI 43-101 Technical Report had an effective date of August 20, 2021”
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: The release names a Qualified Person (Jason Flight, P.Geo) responsible for the technical information.
Evidence · text
“The technical information contained in this news release has been reviewed and approved by Jason Flight, P . Geo., a "qualified person" under NI 43-101.”
Extracted facts
Stored fact records: 18. Some facts used in scoring do not have a stored record.
Drill Results (12)
PL-111Pt. Leamington · goldGrade: 1.2Grade Unit: g/tIntercept: 2.8 mView all detailsHide details
Identity
- Hole ID
- PL-111
- Project
- Pt. Leamington
- Commodity
- gold
- Region
- canada_nl
- Reported Region
- canada_nl
- Ticker
- VCG
Geometry
- Grade
- 1.2
- Grade Unit
- g/t
- Intercept
- 2.8 m
Classification
- Sample Type
- drill
QA/QC
- QP Signed
- Yes
- QA/QC Methods
- standards
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-10T00:00:00.000Z
Reasoning: Historical intercept reported as part of Phase 1 highlights.
Evidence · text
“PL-111: ... intersecting 2.8m grading 1.20 g/t Au”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
PL-111Pt. Leamington · silverGrade: 9.96Grade Unit: g/tIntercept: 2.8 mView all detailsHide details
Identity
- Hole ID
- PL-111
- Project
- Pt. Leamington
- Commodity
- silver
- Region
- canada_nl
- Reported Region
- canada_nl
- Ticker
- VCG
Geometry
- Grade
- 9.96
- Grade Unit
- g/t
- Intercept
- 2.8 m
Classification
- Sample Type
- drill
QA/QC
- QP Signed
- Yes
- QA/QC Methods
- standards
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-10T00:00:00.000Z
Reasoning: Historical intercept reported as part of Phase 1 highlights.
Evidence · text
“PL-111: ... intersecting 2.8m grading ... 9.96 g/t Ag”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
PL-111Pt. Leamington · copperGrade: 0.62Grade Unit: %Intercept: 2.8 mView all detailsHide details
Identity
- Hole ID
- PL-111
- Project
- Pt. Leamington
- Commodity
- copper
- Region
- canada_nl
- Reported Region
- canada_nl
- Ticker
- VCG
Geometry
- Grade
- 0.62
- Grade Unit
- %
- Intercept
- 2.8 m
Classification
- Sample Type
- drill
QA/QC
- QP Signed
- Yes
- QA/QC Methods
- standards
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-10T00:00:00.000Z
Reasoning: Historical intercept reported as part of Phase 1 highlights.
Evidence · text
“PL-111: ... intersecting 2.8m grading ... 0.62% Cu”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
PL-111Pt. Leamington · zincGrade: 1.87Grade Unit: %Intercept: 2.8 mView all detailsHide details
Identity
- Hole ID
- PL-111
- Project
- Pt. Leamington
- Commodity
- zinc
- Region
- canada_nl
- Reported Region
- canada_nl
- Ticker
- VCG
Geometry
- Grade
- 1.87
- Grade Unit
- %
- Intercept
- 2.8 m
Classification
- Sample Type
- drill
QA/QC
- QP Signed
- Yes
- QA/QC Methods
- standards
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-10T00:00:00.000Z
Reasoning: Historical intercept reported as part of Phase 1 highlights.
Evidence · text
“PL-111: ... intersecting 2.8m grading ... 1.87% Zn”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
PL-112Pt. Leamington · copperGrade: 0.45Grade Unit: %Intercept: 75.8 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- PL-112
- Project
- Pt. Leamington
- Commodity
- copper
- Region
- canada_nl
- Reported Region
- canada_nl
- Ticker
- VCG
Geometry
- Grade
- 0.45
- Grade Unit
- %
- Intercept
- 75.8 m
Classification
- Sample Type
- drill
QA/QC
- QP Signed
- Yes
- QA/QC Methods
- standards
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2026-03-02T00:00:00.000Z
Dates
- Event date
- 2026-09-10T00:00:00.000Z
Reasoning: Discovery intercept for Kraken zone.
Evidence · text
“PL-112: Discovered Kraken footwall copper stringer zone with 75.8m grading 0.45% Cu”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
PL-112Pt. Leamington · copperGrade: 1.09Grade Unit: %Intercept: 12 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- PL-112
- Project
- Pt. Leamington
- Commodity
- copper
- Region
- canada_nl
- Reported Region
- canada_nl
- Ticker
- VCG
Geometry
- Grade
- 1.09
- Grade Unit
- %
- Intercept
- 12 m
Classification
- Sample Type
- drill
QA/QC
- QP Signed
- Yes
- QA/QC Methods
- standards
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2026-03-02T00:00:00.000Z
Dates
- Event date
- 2026-09-10T00:00:00.000Z
Reasoning: High-grade inclusion within PL-112.
Evidence · text
“including 12.0m grading 1.09% Cu”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
PL-112Pt. Leamington · copperGrade: 0.43Grade Unit: %Intercept: 23.5 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- PL-112
- Project
- Pt. Leamington
- Commodity
- copper
- Region
- canada_nl
- Reported Region
- canada_nl
- Ticker
- VCG
Geometry
- Grade
- 0.43
- Grade Unit
- %
- Intercept
- 23.5 m
Classification
- Sample Type
- drill
QA/QC
- QP Signed
- Yes
- QA/QC Methods
- standards
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2026-03-02T00:00:00.000Z
Dates
- Event date
- 2026-09-10T00:00:00.000Z
Reasoning: Secondary interval within PL-112.
Evidence · text
“followed by an additional 23.5m grading 0.43% Cu”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
PL-115Pt. Leamington · copperGrade: 0.3Grade Unit: %Intercept: 52.7 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- PL-115
- Project
- Pt. Leamington
- Commodity
- copper
- Region
- canada_nl
- Reported Region
- canada_nl
- Ticker
- VCG
Geometry
- Grade
- 0.3
- Grade Unit
- %
- Intercept
- 52.7 m
Classification
- Sample Type
- drill
QA/QC
- QP Signed
- Yes
- QA/QC Methods
- standards
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2026-03-02T00:00:00.000Z
Dates
- Event date
- 2026-09-10T00:00:00.000Z
Reasoning: Kraken intercept.
Evidence · text
“PL-115 : Returned 52.7m grading 0.30% Cu”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
PL-115Pt. Leamington · copperGrade: 0.61Grade Unit: %Intercept: 12 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- PL-115
- Project
- Pt. Leamington
- Commodity
- copper
- Region
- canada_nl
- Reported Region
- canada_nl
- Ticker
- VCG
Geometry
- Grade
- 0.61
- Grade Unit
- %
- Intercept
- 12 m
Classification
- Sample Type
- drill
QA/QC
- QP Signed
- Yes
- QA/QC Methods
- standards
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2026-03-02T00:00:00.000Z
Dates
- Event date
- 2026-09-10T00:00:00.000Z
Reasoning: High-grade inclusion within PL-115.
Evidence · text
“including 12.0m grading 0.61% Cu”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
PL-118Pt. Leamington · copperGrade: 0.53Grade Unit: %Intercept: 22.5 mView all detailsHide details
Identity
- Hole ID
- PL-118
- Project
- Pt. Leamington
- Commodity
- copper
- Region
- canada_nl
- Reported Region
- canada_nl
- Ticker
- VCG
Geometry
- Grade
- 0.53
- Grade Unit
- %
- Intercept
- 22.5 m
Classification
- Sample Type
- drill
QA/QC
- QP Signed
- Yes
- QA/QC Methods
- standards
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-10T00:00:00.000Z
Reasoning: Follow-up drilling at Kraken.
Evidence · text
“PL-118: ... returned 22.5m grading 0.53% Cu”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
PL-118Pt. Leamington · copperGrade: 0.39Grade Unit: %Intercept: 41.5 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- PL-118
- Project
- Pt. Leamington
- Commodity
- copper
- Region
- canada_nl
- Reported Region
- canada_nl
- Ticker
- VCG
Geometry
- Grade
- 0.39
- Grade Unit
- %
- Intercept
- 41.5 m
Classification
- Sample Type
- drill
QA/QC
- QP Signed
- Yes
- QA/QC Methods
- standards
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2026-05-13T00:00:00.000Z
Dates
- Event date
- 2026-09-10T00:00:00.000Z
Reasoning: Follow-up drilling at Kraken.
Evidence · text
“and 41.5m grading 0.39% Cu”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
PL-118Pt. Leamington · copperGrade: 0.89Grade Unit: %Intercept: 7.5 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- PL-118
- Project
- Pt. Leamington
- Commodity
- copper
- Region
- canada_nl
- Reported Region
- canada_nl
- Ticker
- VCG
Geometry
- Grade
- 0.89
- Grade Unit
- %
- Intercept
- 7.5 m
Classification
- Sample Type
- drill
QA/QC
- QP Signed
- Yes
- QA/QC Methods
- standards
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2026-05-13T00:00:00.000Z
Dates
- Event date
- 2026-09-10T00:00:00.000Z
Reasoning: High-grade inclusion within PL-118.
Evidence · text
“including 7.5m grading 0.89% Cu”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Resource Estimates (6)
indicatedPt. Leamington · goldTonnes: 5013000Grade: 0.9Grade Unit: g/tContained Metal: 145.7Contained Unit: kozHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Pt. Leamington
- Commodity
- gold
- Region
- canada_nl
- Reported Region
- Newfoundland
- Ticker
- VCG
Resource scope
- Estimate type
- resource
- Effective date
- 2021-08-20T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jason Flight
- Resource group id
- resource:4a081cb9e71fb8e053eb
- Deposit or zone
- Pit Indicated
- Mining method
- open_pit
- Material type
- null
Resource Data
- Category
- indicated
- Tonnes
- 5013000
- Grade
- 0.9
- Grade Unit
- g/t
- Contained Metal
- 145.7
- Contained Unit
- koz
Prior Estimate
- Resource Date
- 2021-08-20
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2021-08-20T00:00:00.000Z
Dates
- Event date
- 2026-09-10T00:00:00.000Z
Reasoning: Historical resource baseline.
Evidence · table
“0.90”
Context: 5.013
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 5.1 years before this release
indicatedPt. Leamington · silverTonnes: 5013000Grade: 12.2Grade Unit: g/tContained Metal: 2Contained Unit: mozHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Pt. Leamington
- Commodity
- silver
- Region
- canada_nl
- Reported Region
- Newfoundland
- Ticker
- VCG
Resource scope
- Estimate type
- resource
- Effective date
- 2021-08-20T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jason Flight
- Resource group id
- resource:4a081cb9e71fb8e053eb
- Deposit or zone
- Pit Indicated
- Mining method
- open_pit
- Material type
- null
Resource Data
- Category
- indicated
- Tonnes
- 5013000
- Grade
- 12.2
- Grade Unit
- g/t
- Contained Metal
- 2
- Contained Unit
- moz
Prior Estimate
- Resource Date
- 2021-08-20
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2021-08-20T00:00:00.000Z
Dates
- Event date
- 2026-09-10T00:00:00.000Z
Reasoning: Historical resource baseline.
Evidence · table
“12.2”
Context: 5.013
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 5.1 years before this release
indicatedPt. Leamington · copperTonnes: 5013000Grade: 0.54Grade Unit: %Contained Metal: 60Contained Unit: mlbHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Pt. Leamington
- Commodity
- copper
- Region
- canada_nl
- Reported Region
- Newfoundland
- Ticker
- VCG
Resource scope
- Estimate type
- resource
- Effective date
- 2021-08-20T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jason Flight
- Resource group id
- resource:4a081cb9e71fb8e053eb
- Deposit or zone
- Pit Indicated
- Mining method
- open_pit
- Material type
- null
Resource Data
- Category
- indicated
- Tonnes
- 5013000
- Grade
- 0.54
- Grade Unit
- %
- Contained Metal
- 60
- Contained Unit
- mlb
Prior Estimate
- Resource Date
- 2021-08-20
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2021-08-20T00:00:00.000Z
Dates
- Event date
- 2026-09-10T00:00:00.000Z
Reasoning: Historical resource baseline.
Evidence · table
“0.54”
Context: 5.013
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 5.1 years before this release
indicatedPt. Leamington · zincTonnes: 5013000Grade: 1.39Grade Unit: %Contained Metal: 153.5Contained Unit: mlbHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Pt. Leamington
- Commodity
- zinc
- Region
- canada_nl
- Reported Region
- Newfoundland
- Ticker
- VCG
Resource scope
- Estimate type
- resource
- Effective date
- 2021-08-20T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jason Flight
- Resource group id
- resource:4a081cb9e71fb8e053eb
- Deposit or zone
- Pit Indicated
- Mining method
- open_pit
- Material type
- null
Resource Data
- Category
- indicated
- Tonnes
- 5013000
- Grade
- 1.39
- Grade Unit
- %
- Contained Metal
- 153.5
- Contained Unit
- mlb
Prior Estimate
- Resource Date
- 2021-08-20
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2021-08-20T00:00:00.000Z
Dates
- Event date
- 2026-09-10T00:00:00.000Z
Reasoning: Historical resource baseline.
Evidence · table
“1.39”
Context: 5.013
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 5.1 years before this release
inferredPt. Leamington · goldTonnes: 13727000Grade: 0.8Grade Unit: g/tContained Metal: 354.8Contained Unit: kozHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Pt. Leamington
- Commodity
- gold
- Region
- canada_nl
- Reported Region
- Newfoundland
- Ticker
- VCG
Resource scope
- Estimate type
- resource
- Effective date
- 2021-08-20T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jason Flight
- Resource group id
- resource:3c3a38824ee9f9ddf11b
- Deposit or zone
- Pit Inferred
- Mining method
- open_pit
- Material type
- null
Resource Data
- Category
- inferred
- Tonnes
- 13727000
- Grade
- 0.8
- Grade Unit
- g/t
- Contained Metal
- 354.8
- Contained Unit
- koz
Prior Estimate
- Resource Date
- 2021-08-20
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2021-08-20T00:00:00.000Z
Dates
- Event date
- 2026-09-10T00:00:00.000Z
Reasoning: Historical resource baseline.
Evidence · table
“0.80”
Context: 13.727
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 5.1 years before this release
inferredPt. Leamington · copperTonnes: 13727000Grade: 0.36Grade Unit: %Contained Metal: 110.2Contained Unit: mlbHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Pt. Leamington
- Commodity
- copper
- Region
- canada_nl
- Reported Region
- Newfoundland
- Ticker
- VCG
Resource scope
- Estimate type
- resource
- Effective date
- 2021-08-20T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jason Flight
- Resource group id
- resource:3c3a38824ee9f9ddf11b
- Deposit or zone
- Pit Inferred
- Mining method
- open_pit
- Material type
- null
Resource Data
- Category
- inferred
- Tonnes
- 13727000
- Grade
- 0.36
- Grade Unit
- %
- Contained Metal
- 110.2
- Contained Unit
- mlb
Prior Estimate
- Resource Date
- 2021-08-20
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2021-08-20T00:00:00.000Z
Dates
- Event date
- 2026-09-10T00:00:00.000Z
Reasoning: Historical resource baseline.
Evidence · table
“0.36”
Context: 13.727
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 5.1 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.