# Visionary Outlines 20,000-Metre Phase 2 Drill Program to Grow Pt. Leamington Resource and Advance Kraken Copper Discovery

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/visionary-outlines-20-000-metre-phase-2-drill-program-to-grow-pt-leamington-reso--11d3d3f5-7a49-4f02-ba9a-d6656d3fa540

Original source: https://money.tmx.com/en/quote/VCG/news/6294646705258433/visionary-outlines-20-000-metre-phase-2-drill-program-to-grow-pt-leamington-reso

Publisher: tmx

Original announcement: 2026-09-10T12:30:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Visionary Copper and Gold Mines Inc.

- Ticker: VCG

- Exchange: TSX

- Region: Newfoundland

- Primary commodity: Copper

- Secondary commodities: Gold, Silver, Zinc, Lead

- Document categories: Drill results, Resource update

- Extracted: 2026-09-19 02:23:23 UTC

Narrative sentiment: 0.40 · Bullish

## Minestarters Atlas 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 factor: Announcement of a significant 20,000-metre Phase 2 drill program

- Positive factor: Clear objectives for resource growth and conversion of inferred to indicated

- Positive factor: Discovery of the Kraken copper-rich footwall stringer zone

- Positive factor: Historical resource base provided as a baseline for growth

- Negative factor: The primary resource estimate provided is historical \(2021\)

Facts used in scoring: 18

## Classification and evidence

**Step-Out Extension**

Polarity: positive

Definition: 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 Drilling**

Polarity: neutral

Definition: 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 Estimate**

Polarity: negative

Definition: Effective date is &gt;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 Disclosed**

Polarity: positive

Definition: 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-111

[Link to this fact](https://atlas-extractions.minestarters.com/news/visionary-outlines-20-000-metre-phase-2-drill-program-to-grow-pt-leamington-reso--11d3d3f5-7a49-4f02-ba9a-d6656d3fa540#fact-drill-facts-0)

Pt. Leamington · gold

#### 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 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

### PL-111

[Link to this fact](https://atlas-extractions.minestarters.com/news/visionary-outlines-20-000-metre-phase-2-drill-program-to-grow-pt-leamington-reso--11d3d3f5-7a49-4f02-ba9a-d6656d3fa540#fact-drill-facts-1)

Pt. Leamington · silver

#### 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 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

### PL-111

[Link to this fact](https://atlas-extractions.minestarters.com/news/visionary-outlines-20-000-metre-phase-2-drill-program-to-grow-pt-leamington-reso--11d3d3f5-7a49-4f02-ba9a-d6656d3fa540#fact-drill-facts-2)

Pt. Leamington · copper

#### 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 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

### PL-111

[Link to this fact](https://atlas-extractions.minestarters.com/news/visionary-outlines-20-000-metre-phase-2-drill-program-to-grow-pt-leamington-reso--11d3d3f5-7a49-4f02-ba9a-d6656d3fa540#fact-drill-facts-3)

Pt. Leamington · zinc

#### 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 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

### PL-112

[Link to this fact](https://atlas-extractions.minestarters.com/news/visionary-outlines-20-000-metre-phase-2-drill-program-to-grow-pt-leamington-reso--11d3d3f5-7a49-4f02-ba9a-d6656d3fa540#fact-drill-facts-4)

Pt. Leamington · copper

Historical result

Needs review: historical\_restatement

#### 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 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

### PL-112

[Link to this fact](https://atlas-extractions.minestarters.com/news/visionary-outlines-20-000-metre-phase-2-drill-program-to-grow-pt-leamington-reso--11d3d3f5-7a49-4f02-ba9a-d6656d3fa540#fact-drill-facts-5)

Pt. Leamington · copper

Historical result

Needs review: historical\_restatement

#### 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 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

### PL-112

[Link to this fact](https://atlas-extractions.minestarters.com/news/visionary-outlines-20-000-metre-phase-2-drill-program-to-grow-pt-leamington-reso--11d3d3f5-7a49-4f02-ba9a-d6656d3fa540#fact-drill-facts-6)

Pt. Leamington · copper

Historical result

Needs review: historical\_restatement

#### 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 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

### PL-115

[Link to this fact](https://atlas-extractions.minestarters.com/news/visionary-outlines-20-000-metre-phase-2-drill-program-to-grow-pt-leamington-reso--11d3d3f5-7a49-4f02-ba9a-d6656d3fa540#fact-drill-facts-7)

Pt. Leamington · copper

Historical result

Needs review: historical\_restatement

#### 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 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

### PL-115

[Link to this fact](https://atlas-extractions.minestarters.com/news/visionary-outlines-20-000-metre-phase-2-drill-program-to-grow-pt-leamington-reso--11d3d3f5-7a49-4f02-ba9a-d6656d3fa540#fact-drill-facts-8)

Pt. Leamington · copper

Historical result

Needs review: historical\_restatement

#### 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 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

### PL-118

[Link to this fact](https://atlas-extractions.minestarters.com/news/visionary-outlines-20-000-metre-phase-2-drill-program-to-grow-pt-leamington-reso--11d3d3f5-7a49-4f02-ba9a-d6656d3fa540#fact-drill-facts-9)

Pt. Leamington · copper

#### 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 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

### PL-118

[Link to this fact](https://atlas-extractions.minestarters.com/news/visionary-outlines-20-000-metre-phase-2-drill-program-to-grow-pt-leamington-reso--11d3d3f5-7a49-4f02-ba9a-d6656d3fa540#fact-drill-facts-10)

Pt. Leamington · copper

Historical result

Needs review: historical\_restatement

#### 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 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

### PL-118

[Link to this fact](https://atlas-extractions.minestarters.com/news/visionary-outlines-20-000-metre-phase-2-drill-program-to-grow-pt-leamington-reso--11d3d3f5-7a49-4f02-ba9a-d6656d3fa540#fact-drill-facts-11)

Pt. Leamington · copper

Historical result

Needs review: historical\_restatement

#### 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 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

## Resource Estimates (6)

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/visionary-outlines-20-000-metre-phase-2-drill-program-to-grow-pt-leamington-reso--11d3d3f5-7a49-4f02-ba9a-d6656d3fa540#fact-resource-facts-12)

Pt. Leamington · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Pt. Leamington
- Commodity: gold
- Region: canada\_nl
- Reported Region: Newfoundland
- Ticker: VCG

#### Resource scope

- Estimate type: resource
- 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 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

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

**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 5.1 years before this release

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/visionary-outlines-20-000-metre-phase-2-drill-program-to-grow-pt-leamington-reso--11d3d3f5-7a49-4f02-ba9a-d6656d3fa540#fact-resource-facts-13)

Pt. Leamington · silver

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Pt. Leamington
- Commodity: silver
- Region: canada\_nl
- Reported Region: Newfoundland
- Ticker: VCG

#### Resource scope

- Estimate type: resource
- 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 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

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

**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 5.1 years before this release

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/visionary-outlines-20-000-metre-phase-2-drill-program-to-grow-pt-leamington-reso--11d3d3f5-7a49-4f02-ba9a-d6656d3fa540#fact-resource-facts-14)

Pt. Leamington · copper

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Pt. Leamington
- Commodity: copper
- Region: canada\_nl
- Reported Region: Newfoundland
- Ticker: VCG

#### Resource scope

- Estimate type: resource
- 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 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

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

**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 5.1 years before this release

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/visionary-outlines-20-000-metre-phase-2-drill-program-to-grow-pt-leamington-reso--11d3d3f5-7a49-4f02-ba9a-d6656d3fa540#fact-resource-facts-15)

Pt. Leamington · zinc

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Pt. Leamington
- Commodity: zinc
- Region: canada\_nl
- Reported Region: Newfoundland
- Ticker: VCG

#### Resource scope

- Estimate type: resource
- 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 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

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

**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 5.1 years before this release

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/visionary-outlines-20-000-metre-phase-2-drill-program-to-grow-pt-leamington-reso--11d3d3f5-7a49-4f02-ba9a-d6656d3fa540#fact-resource-facts-16)

Pt. Leamington · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Pt. Leamington
- Commodity: gold
- Region: canada\_nl
- Reported Region: Newfoundland
- Ticker: VCG

#### Resource scope

- Estimate type: resource
- 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 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

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

**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 5.1 years before this release

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/visionary-outlines-20-000-metre-phase-2-drill-program-to-grow-pt-leamington-reso--11d3d3f5-7a49-4f02-ba9a-d6656d3fa540#fact-resource-facts-17)

Pt. Leamington · copper

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Pt. Leamington
- Commodity: copper
- Region: canada\_nl
- Reported Region: Newfoundland
- Ticker: VCG

#### Resource scope

- Estimate type: resource
- 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 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

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

**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 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.
