# Visionary Receives Phase 2 Drill Approval for Its Pt. Leamington Gold/Copper/Zinc/Silver VMS Deposit in Newfoundland

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/visionary-receives-phase-2-drill-approval-for-its-pt-leamington-gold-copper-zinc--dac55a58-f1ac-4c63-b462-3bfe57b7869e

Original source: https://money.tmx.com/en/quote/VCG/news/7735181755837147/visionary-receives-phase-2-drill-approval-for-its-pt-leamington-gold-copper-zinc

Publisher: tmx

Original announcement: 2026-09-02T12:30:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Visionary Copper and Gold Mines Inc.

- Ticker: VCG

- Exchange: TSX

- Region: Newfoundland

- Primary commodity: Gold

- Secondary commodities: Copper, Zinc, Silver, Lead

- Document categories: Resource update, Other

- Extracted: 2026-09-19 02:28:34 UTC

Narrative sentiment: 0.40 · Bullish

## Minestarters Atlas summary

Visionary Copper and Gold Mines Inc. has received approval for its Phase 2 diamond drilling program at the Pt. Leamington VMS deposit in Newfoundland. The program aims to convert Inferred resources to Indicated and define the newly discovered Kraken Zone, which was not included in the previous 2021 Mineral Resource Estimate.

Reasoning: The announcement focuses on the approval of a new drilling phase to expand a known resource and target a newly discovered zone \(Kraken\), which provides significant exploration upside.

- Positive factor: Approval for Phase 2 drilling to expand and convert resources

- Positive factor: Discovery of Kraken Zone adds significant upside not in 2021 MRE

- Positive factor: Government exploration assistance program support

- Positive factor: Substantial existing resource base

Facts used in scoring: 15

## Classification and evidence

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: The document provides a restatement of the 2021 Mineral Resource Estimate for the Pt. Leamington project.

Evidence · text

> The 2021 Mineral Resource Estimate was prepared by P&E Mining Consultants Inc.

**Historical Estimate Only**

Polarity: negative

Definition: Estimate pre-dates or does not comply with current JORC/NI 43-101 standards — requires verification drilling.

Why it applies: The resource figures provided are from a 2021 Technical Report and are being restated for context.

Evidence · text

> The 2021 Mineral Resource Estimate was prepared by P&E Mining Consultants Inc.

**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: Jason Flight, P.Geo is named as the Qualified Person who reviewed and approved 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.

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: The resource estimate is explicitly stated to be from an NI 43-101 Technical Report.

Evidence · text

> The NI 43-101 Technical Report had an effective date of August 20, 2021

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: The document discloses the NSR cut-off grades used for the 2021 estimate.

Evidence · text

> The 2021 Mineral Resource Estimate used C$25/t NSR cut-offs for pit-constrained Indicated and Inferred Mineral Resources and C$75/t for out-of-pit Inferred Mineral Resources.

## Extracted facts

Stored fact records: 15. Some facts used in scoring do not have a stored record.

## Resource Estimates (15)

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/visionary-receives-phase-2-drill-approval-for-its-pt-leamington-gold-copper-zinc--dac55a58-f1ac-4c63-b462-3bfe57b7869e#fact-resource-facts-0)

Pt. Leamington · gold

Historical result

Needs review: historical\_restatement

#### Identity

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

#### Resource scope

- Estimate type: resource
- 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
- Cutoff Grade: 25
- Cutoff Unit: C$/t NSR

#### 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: 2026-09-02T00:00:00.000Z

Reasoning: Historical indicated resource component of the 2021 estimate.

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 Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is 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 >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 5.0 years before this release

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/visionary-receives-phase-2-drill-approval-for-its-pt-leamington-gold-copper-zinc--dac55a58-f1ac-4c63-b462-3bfe57b7869e#fact-resource-facts-1)

Pt. Leamington · silver

Historical result

Needs review: historical\_restatement

#### Identity

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

#### Resource scope

- Estimate type: resource
- 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
- Cutoff Grade: 25
- Cutoff Unit: C$/t NSR

#### 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: 2026-09-02T00:00:00.000Z

Reasoning: Historical indicated silver component of the 2021 estimate.

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 Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is 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 >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 5.0 years before this release

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/visionary-receives-phase-2-drill-approval-for-its-pt-leamington-gold-copper-zinc--dac55a58-f1ac-4c63-b462-3bfe57b7869e#fact-resource-facts-2)

Pt. Leamington · copper

Historical result

Needs review: historical\_restatement

#### Identity

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

#### Resource scope

- Estimate type: resource
- 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
- Cutoff Grade: 25
- Cutoff Unit: C$/t NSR

#### 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: 2026-09-02T00:00:00.000Z

Reasoning: Historical indicated copper component of the 2021 estimate.

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 Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is 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 >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 5.0 years before this release

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/visionary-receives-phase-2-drill-approval-for-its-pt-leamington-gold-copper-zinc--dac55a58-f1ac-4c63-b462-3bfe57b7869e#fact-resource-facts-3)

Pt. Leamington · zinc

Historical result

Needs review: historical\_restatement

#### Identity

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

#### Resource scope

- Estimate type: resource
- 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
- Cutoff Grade: 25
- Cutoff Unit: C$/t NSR

#### 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: 2026-09-02T00:00:00.000Z

Reasoning: Historical indicated zinc component of the 2021 estimate.

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 Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is 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 >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 5.0 years before this release

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/visionary-receives-phase-2-drill-approval-for-its-pt-leamington-gold-copper-zinc--dac55a58-f1ac-4c63-b462-3bfe57b7869e#fact-resource-facts-4)

Pt. Leamington · lead

Historical result

Needs review: historical\_restatement

#### Identity

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

#### Resource scope

- Estimate type: resource
- 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: 0.01
- Grade Unit: %
- Contained Metal: 1.5
- Contained Unit: mlb
- Cutoff Grade: 25
- Cutoff Unit: C$/t NSR

#### 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: 2026-09-02T00:00:00.000Z

Reasoning: Historical indicated lead component of the 2021 estimate.

Evidence · table

> 0.01

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 Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is 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 >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 5.0 years before this release

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/visionary-receives-phase-2-drill-approval-for-its-pt-leamington-gold-copper-zinc--dac55a58-f1ac-4c63-b462-3bfe57b7869e#fact-resource-facts-5)

Pt. Leamington · gold

Historical result

Needs review: historical\_restatement

#### Identity

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

#### Resource scope

- Estimate type: resource
- 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
- Cutoff Grade: 25
- Cutoff Unit: C$/t NSR

#### 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: 2026-09-02T00:00:00.000Z

Reasoning: Historical inferred gold component of the 2021 estimate.

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 Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is 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 >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 5.0 years before this release

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/visionary-receives-phase-2-drill-approval-for-its-pt-leamington-gold-copper-zinc--dac55a58-f1ac-4c63-b462-3bfe57b7869e#fact-resource-facts-6)

Pt. Leamington · silver

Historical result

Needs review: historical\_restatement

#### Identity

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

#### Resource scope

- Estimate type: resource
- 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: 14
- Grade Unit: g/t
- Contained Metal: 6.2
- Contained Unit: moz
- Cutoff Grade: 25
- Cutoff Unit: C$/t NSR

#### 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: 2026-09-02T00:00:00.000Z

Reasoning: Historical inferred silver component of the 2021 estimate.

Evidence · table

> 14.0

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 Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is 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 >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 5.0 years before this release

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/visionary-receives-phase-2-drill-approval-for-its-pt-leamington-gold-copper-zinc--dac55a58-f1ac-4c63-b462-3bfe57b7869e#fact-resource-facts-7)

Pt. Leamington · copper

Historical result

Needs review: historical\_restatement

#### Identity

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

#### Resource scope

- Estimate type: resource
- 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
- Cutoff Grade: 25
- Cutoff Unit: C$/t NSR

#### 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: 2026-09-02T00:00:00.000Z

Reasoning: Historical inferred copper component of the 2021 estimate.

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 Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is 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 >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 5.0 years before this release

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/visionary-receives-phase-2-drill-approval-for-its-pt-leamington-gold-copper-zinc--dac55a58-f1ac-4c63-b462-3bfe57b7869e#fact-resource-facts-8)

Pt. Leamington · zinc

Historical result

Needs review: historical\_restatement

#### Identity

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

#### Resource scope

- Estimate type: resource
- 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: 1.74
- Grade Unit: %
- Contained Metal: 527.3
- Contained Unit: mlb
- Cutoff Grade: 25
- Cutoff Unit: C$/t NSR

#### 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: 2026-09-02T00:00:00.000Z

Reasoning: Historical inferred zinc component of the 2021 estimate.

Evidence · table

> 1.74

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 Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is 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 >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 5.0 years before this release

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/visionary-receives-phase-2-drill-approval-for-its-pt-leamington-gold-copper-zinc--dac55a58-f1ac-4c63-b462-3bfe57b7869e#fact-resource-facts-9)

Pt. Leamington · lead

Historical result

Needs review: historical\_restatement

#### Identity

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

#### Resource scope

- Estimate type: resource
- 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: 0.02
- Grade Unit: %
- Contained Metal: 7
- Contained Unit: mlb
- Cutoff Grade: 25
- Cutoff Unit: C$/t NSR

#### 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: 2026-09-02T00:00:00.000Z

Reasoning: Historical inferred lead component of the 2021 estimate.

Evidence · table

> 0.02

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 Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is 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 >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 5.0 years before this release

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/visionary-receives-phase-2-drill-approval-for-its-pt-leamington-gold-copper-zinc--dac55a58-f1ac-4c63-b462-3bfe57b7869e#fact-resource-facts-10)

Pt. Leamington · gold

Historical result

Needs review: historical\_restatement

#### Identity

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

#### Resource scope

- Estimate type: resource
- 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:7d57a4ba5fa17d5bf90f
- Deposit or zone: Out-of-Pit Inferred
- Mining method: open\_pit
- Material type: null

#### Resource Data

- Category: inferred
- Tonnes: 1713000
- Grade: 1.19
- Grade Unit: g/t
- Contained Metal: 65.4
- Contained Unit: koz
- Cutoff Grade: 75
- Cutoff Unit: C$/t NSR

#### 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: 2026-09-02T00:00:00.000Z

Reasoning: Historical out-of-pit inferred gold component of the 2021 estimate.

Evidence · table

> 1.19

Context: 1.713

#### 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 Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is 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 >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 5.0 years before this release

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/visionary-receives-phase-2-drill-approval-for-its-pt-leamington-gold-copper-zinc--dac55a58-f1ac-4c63-b462-3bfe57b7869e#fact-resource-facts-11)

Pt. Leamington · silver

Historical result

Needs review: historical\_restatement

#### Identity

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

#### Resource scope

- Estimate type: resource
- 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:7d57a4ba5fa17d5bf90f
- Deposit or zone: Out-of-Pit Inferred
- Mining method: open\_pit
- Material type: null

#### Resource Data

- Category: inferred
- Tonnes: 1713000
- Grade: 25.5
- Grade Unit: g/t
- Contained Metal: 1.4
- Contained Unit: moz
- Cutoff Grade: 75
- Cutoff Unit: C$/t NSR

#### 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: 2026-09-02T00:00:00.000Z

Reasoning: Historical out-of-pit inferred silver component of the 2021 estimate.

Evidence · table

> 25.5

Context: 1.713

#### 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 Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is 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 >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 5.0 years before this release

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/visionary-receives-phase-2-drill-approval-for-its-pt-leamington-gold-copper-zinc--dac55a58-f1ac-4c63-b462-3bfe57b7869e#fact-resource-facts-12)

Pt. Leamington · copper

Historical result

Needs review: historical\_restatement

#### Identity

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

#### Resource scope

- Estimate type: resource
- 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:7d57a4ba5fa17d5bf90f
- Deposit or zone: Out-of-Pit Inferred
- Mining method: open\_pit
- Material type: null

#### Resource Data

- Category: inferred
- Tonnes: 1713000
- Grade: 0.35
- Grade Unit: %
- Contained Metal: 13.3
- Contained Unit: mlb
- Cutoff Grade: 75
- Cutoff Unit: C$/t NSR

#### 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: 2026-09-02T00:00:00.000Z

Reasoning: Historical out-of-pit inferred copper component of the 2021 estimate.

Evidence · table

> 0.35

Context: 1.713

#### 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 Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is 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 >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 5.0 years before this release

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/visionary-receives-phase-2-drill-approval-for-its-pt-leamington-gold-copper-zinc--dac55a58-f1ac-4c63-b462-3bfe57b7869e#fact-resource-facts-13)

Pt. Leamington · zinc

Historical result

Needs review: historical\_restatement

#### Identity

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

#### Resource scope

- Estimate type: resource
- 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:7d57a4ba5fa17d5bf90f
- Deposit or zone: Out-of-Pit Inferred
- Mining method: open\_pit
- Material type: null

#### Resource Data

- Category: inferred
- Tonnes: 1713000
- Grade: 2.72
- Grade Unit: %
- Contained Metal: 102.9
- Contained Unit: mlb
- Cutoff Grade: 75
- Cutoff Unit: C$/t NSR

#### 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: 2026-09-02T00:00:00.000Z

Reasoning: Historical out-of-pit inferred zinc component of the 2021 estimate.

Evidence · table

> 2.72

Context: 1.713

#### 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 Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is 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 >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 5.0 years before this release

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/visionary-receives-phase-2-drill-approval-for-its-pt-leamington-gold-copper-zinc--dac55a58-f1ac-4c63-b462-3bfe57b7869e#fact-resource-facts-14)

Pt. Leamington · lead

Historical result

Needs review: historical\_restatement

#### Identity

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

#### Resource scope

- Estimate type: resource
- 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:7d57a4ba5fa17d5bf90f
- Deposit or zone: Out-of-Pit Inferred
- Mining method: open\_pit
- Material type: null

#### Resource Data

- Category: inferred
- Tonnes: 1713000
- Grade: 0.07
- Grade Unit: %
- Contained Metal: 2.6
- Contained Unit: mlb
- Cutoff Grade: 75
- Cutoff Unit: C$/t NSR

#### 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: 2026-09-02T00:00:00.000Z

Reasoning: Historical out-of-pit inferred lead component of the 2021 estimate.

Evidence · table

> 0.07

Context: 1.713

#### 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 Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is 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 >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 5.0 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.