Vizsla Silver Corp.: Exhibit 99.2 - Filed by newsfilecorp.com
Original announcement by research on
- Company
- Vizsla Silver Corp.
- Ticker
- VZLA
- Exchange
- TSX
- Region
- British Columbia, Canada
- Primary commodity
- Silver
- Secondary commodities
- Gold
- Document categories
- Other, Resource update
- Extracted
- 2026-11-08 15:30:50 UTC
Analysis by Minestarters Atlas
Atlas analysis published:
Minestarters Atlas analysis
Summary
Vizsla Silver is asking shareholders to approve a plan of arrangement to spin out Vizsla Royalties Corp. The circular sets out the meeting date, voting procedures, dissent rights, and the expected exchange terms for New Vizsla Silver shares, Spinco shares and Spinco warrants. It is a corporate restructuring document rather than an exploration or production update.
Reasoning: A shareholder circular about a proposed arrangement/spinout, not a technical mining result announcement.
Positive factors
- Describes a proposed plan of arrangement to spin out Vizsla Royalties Corp. and separate the company into two focused businesses.
- Includes specific effective date, meeting date, and warrant terms for the spinout structure.
Negative factors
- No mineral exploration, drilling, resource, metallurgy, production or financing results are reported in this document.
- Primarily corporate and administrative disclosure.
Low confidence — this extraction should be reviewed alongside the original source.
Facts used in scoring: 63
Classification and evidence
Corporate Actionneutral · Story-specific tag
No canonical definition is currently available.
Why it applies: The document is a management information circular for a proposed plan of arrangement and shareholder vote.
Evidence · text
“proposed PLAN OF ARRANGEMENT”
Spinoutneutral · Story-specific tag
No canonical definition is currently available.
Why it applies: The release describes spinning out Vizsla Royalties Corp. into a separate listed company.
Evidence · text
“spin out Vizsla Royalties Corp. (" Spinco ") from the Company”
Dissent Rightsneutral · Story-specific tag
No canonical definition is currently available.
Why it applies: The circular explicitly describes dissent rights for registered shareholders.
Evidence · text
“Registered Shareholders have a right of dissent”
Shareholder Voteneutral · Story-specific tag
No canonical definition is currently available.
Why it applies: Shareholders are asked to vote on the arrangement and Spinco option plan at the special meeting.
Evidence · text
“Shareholders will be asked to consider the following matters”
Extracted facts
Stored fact records: 62. Some facts used in scoring do not have a stored record.
Resource Estimates (62)
indicatedTable 11 Panuco · goldTonnes: 9480000Grade: 2.41Grade Unit: g/tContained Metal: 736Contained Unit: kozView all detailsHide details
Identity
- Project
- Table 11 Panuco
- Commodity
- gold
- Ticker
- VZLA
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- Resource group id
- resource:cc38ff17507c632579c8
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 9480000
- Grade
- 2.41
- Grade Unit
- g/t
- Contained Metal
- 736
- Contained Unit
- koz
Metal Equivalent
- Metal Eq. Grade
- 511
- Metal Eq. Unit
- g/t AgEq
Review
- Needs Review
- No
- Historical
- No
Reasoning: Expanded from multi-commodity resource table for completeness.
Negative factors
- Fact expanded from resource table columns (model omitted this commodity).
Evidence · table
“2.41”
Context: 9.48
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
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
indicatedTable 11 Panuco · silverTonnes: 9480000Grade: 289Grade Unit: g/tContained Metal: 88192Contained Unit: kozView all detailsHide details
Identity
- Project
- Table 11 Panuco
- Commodity
- silver
- Ticker
- VZLA
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- Resource group id
- resource:cc38ff17507c632579c8
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 9480000
- Grade
- 289
- Grade Unit
- g/t
- Contained Metal
- 88192
- Contained Unit
- koz
Metal Equivalent
- Metal Eq. Grade
- 511
- Metal Eq. Unit
- g/t AgEq
Review
- Needs Review
- No
- Historical
- No
Reasoning: Expanded from multi-commodity resource table for completeness.
Negative factors
- Fact expanded from resource table columns (model omitted this commodity).
Evidence · table
“289”
Context: 9.48
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
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
indicatedTable 11 Panuco · zincTonnes: 9480000Grade: 0.84Grade Unit: %View all detailsHide details
Identity
- Project
- Table 11 Panuco
- Commodity
- zinc
- Ticker
- VZLA
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- Resource group id
- resource:cc38ff17507c632579c8
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 9480000
- Grade
- 0.84
- Grade Unit
- %
Metal Equivalent
- Metal Eq. Grade
- 511
- Metal Eq. Unit
- g/t AgEq
Review
- Needs Review
- No
- Historical
- No
Reasoning: Expanded from multi-commodity resource table for completeness.
Negative factors
- Fact expanded from resource table columns (model omitted this commodity).
Evidence · table
“0.84”
Context: 9.48
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
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
inferredTable 11 Panuco · goldTonnes: 12190000Grade: 1.93Grade Unit: g/tContained Metal: 758Contained Unit: kozView all detailsHide details
Identity
- Project
- Table 11 Panuco
- Commodity
- gold
- Ticker
- VZLA
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- Resource group id
- resource:2fdc40f82ce1d6b4dec8
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 12190000
- Grade
- 1.93
- Grade Unit
- g/t
- Contained Metal
- 758
- Contained Unit
- koz
Metal Equivalent
- Metal Eq. Grade
- 433
- Metal Eq. Unit
- g/t AgEq
Review
- Needs Review
- No
- Historical
- No
Reasoning: Expanded from multi-commodity resource table for completeness.
Negative factors
- Fact expanded from resource table columns (model omitted this commodity).
Evidence · table
“1.93”
Context: 12.19
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
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
inferredTable 11 Panuco · silverTonnes: 12190000Grade: 239Grade Unit: g/tContained Metal: 93653Contained Unit: kozView all detailsHide details
Identity
- Project
- Table 11 Panuco
- Commodity
- silver
- Ticker
- VZLA
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- Resource group id
- resource:2fdc40f82ce1d6b4dec8
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 12190000
- Grade
- 239
- Grade Unit
- g/t
- Contained Metal
- 93653
- Contained Unit
- koz
Metal Equivalent
- Metal Eq. Grade
- 433
- Metal Eq. Unit
- g/t AgEq
Review
- Needs Review
- No
- Historical
- No
Reasoning: Expanded from multi-commodity resource table for completeness.
Negative factors
- Fact expanded from resource table columns (model omitted this commodity).
Evidence · table
“239”
Context: 12.19
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
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
inferredTable 11 Panuco · zincTonnes: 12190000Grade: 1.03Grade Unit: %View all detailsHide details
Identity
- Project
- Table 11 Panuco
- Commodity
- zinc
- Ticker
- VZLA
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- Resource group id
- resource:2fdc40f82ce1d6b4dec8
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 12190000
- Grade
- 1.03
- Grade Unit
- %
Metal Equivalent
- Metal Eq. Grade
- 433
- Metal Eq. Unit
- g/t AgEq
Review
- Needs Review
- No
- Historical
- No
Reasoning: Expanded from multi-commodity resource table for completeness.
Negative factors
- Fact expanded from resource table columns (model omitted this commodity).
Evidence · table
“1.03”
Context: 12.19
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
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
indicatedTable 12 Panuco · goldTonnes: 4520000Grade: 2.46Grade Unit: g/tContained Metal: 358Contained Unit: kozView all detailsHide details
Identity
- Project
- Table 12 Panuco
- Commodity
- gold
- Ticker
- VZLA
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- Resource group id
- resource:77d13e8aae215ee9a0d5
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 4520000
- Grade
- 2.46
- Grade Unit
- g/t
- Contained Metal
- 358
- Contained Unit
- koz
Metal Equivalent
- Metal Eq. Grade
- 573
- Metal Eq. Unit
- g/t AgEq
Review
- Needs Review
- No
- Historical
- No
Reasoning: Expanded from multi-commodity resource table for completeness.
Negative factors
- Fact expanded from resource table columns (model omitted this commodity).
Evidence · table
“2.46”
Context: 4.52
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
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
indicatedTable 12 Panuco · silverTonnes: 4520000Grade: 380Grade Unit: g/tView all detailsHide details
Identity
- Project
- Table 12 Panuco
- Commodity
- silver
- Ticker
- VZLA
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- Resource group id
- resource:77d13e8aae215ee9a0d5
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 4520000
- Grade
- 380
- Grade Unit
- g/t
Metal Equivalent
- Metal Eq. Grade
- 573
- Metal Eq. Unit
- g/t AgEq
Review
- Needs Review
- No
- Historical
- No
Reasoning: Expanded from multi-commodity resource table for completeness.
Negative factors
- Fact expanded from resource table columns (model omitted this commodity).
Evidence · table
“380”
Context: 4.52
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
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
inferredTable 12 Panuco · goldTonnes: 3160000Grade: 1.77Grade Unit: g/tContained Metal: 179Contained Unit: kozView all detailsHide details
Identity
- Project
- Table 12 Panuco
- Commodity
- gold
- Ticker
- VZLA
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- Resource group id
- resource:be2b6380c7ef9bacde0a
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 3160000
- Grade
- 1.77
- Grade Unit
- g/t
- Contained Metal
- 179
- Contained Unit
- koz
Metal Equivalent
- Metal Eq. Grade
- 476
- Metal Eq. Unit
- g/t AgEq
Review
- Needs Review
- No
- Historical
- No
Reasoning: Expanded from multi-commodity resource table for completeness.
Negative factors
- Fact expanded from resource table columns (model omitted this commodity).
Evidence · table
“1.77”
Context: 3.16
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
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
inferredTable 12 Panuco · silverTonnes: 3160000Grade: 332Grade Unit: g/tView all detailsHide details
Identity
- Project
- Table 12 Panuco
- Commodity
- silver
- Ticker
- VZLA
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- Resource group id
- resource:be2b6380c7ef9bacde0a
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 3160000
- Grade
- 332
- Grade Unit
- g/t
Metal Equivalent
- Metal Eq. Grade
- 476
- Metal Eq. Unit
- g/t AgEq
Review
- Needs Review
- No
- Historical
- No
Reasoning: Expanded from multi-commodity resource table for completeness.
Negative factors
- Fact expanded from resource table columns (model omitted this commodity).
Evidence · table
“332”
Context: 3.16
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
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
indicatedTable 12 Panuco · goldTonnes: 630000Grade: 2.24Grade Unit: g/tContained Metal: 46Contained Unit: kozView all detailsHide details
Identity
- Project
- Table 12 Panuco
- Commodity
- gold
- Ticker
- VZLA
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- Resource group id
- resource:3a17dd899951da48bed1
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 630000
- Grade
- 2.24
- Grade Unit
- g/t
- Contained Metal
- 46
- Contained Unit
- koz
Metal Equivalent
- Metal Eq. Grade
- 538
- Metal Eq. Unit
- g/t AgEq
Review
- Needs Review
- No
- Historical
- No
Reasoning: Expanded from multi-commodity resource table for completeness.
Negative factors
- Fact expanded from resource table columns (model omitted this commodity).
Evidence · table
“2.24”
Context: 0.63
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
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
indicatedTable 12 Panuco · silverTonnes: 630000Grade: 358Grade Unit: g/tView all detailsHide details
Identity
- Project
- Table 12 Panuco
- Commodity
- silver
- Ticker
- VZLA
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- Resource group id
- resource:3a17dd899951da48bed1
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 630000
- Grade
- 358
- Grade Unit
- g/t
Metal Equivalent
- Metal Eq. Grade
- 538
- Metal Eq. Unit
- g/t AgEq
Review
- Needs Review
- No
- Historical
- No
Reasoning: Expanded from multi-commodity resource table for completeness.
Negative factors
- Fact expanded from resource table columns (model omitted this commodity).
Evidence · table
“358”
Context: 0.63
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
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
inferredTable 12 Panuco · goldTonnes: 1040000Grade: 2.04Grade Unit: g/tContained Metal: 69Contained Unit: kozView all detailsHide details
Identity
- Project
- Table 12 Panuco
- Commodity
- gold
- Ticker
- VZLA
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- Resource group id
- resource:50ad68dd859d106aca9b
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 1040000
- Grade
- 2.04
- Grade Unit
- g/t
- Contained Metal
- 69
- Contained Unit
- koz
Metal Equivalent
- Metal Eq. Grade
- 540
- Metal Eq. Unit
- g/t AgEq
Review
- Needs Review
- No
- Historical
- No
Reasoning: Expanded from multi-commodity resource table for completeness.
Negative factors
- Fact expanded from resource table columns (model omitted this commodity).
Evidence · table
“2.04”
Context: 1.04
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
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
inferredTable 12 Panuco · silverTonnes: 1040000Grade: 365Grade Unit: g/tView all detailsHide details
Identity
- Project
- Table 12 Panuco
- Commodity
- silver
- Ticker
- VZLA
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- Resource group id
- resource:50ad68dd859d106aca9b
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 1040000
- Grade
- 365
- Grade Unit
- g/t
Metal Equivalent
- Metal Eq. Grade
- 540
- Metal Eq. Unit
- g/t AgEq
Review
- Needs Review
- No
- Historical
- No
Reasoning: Expanded from multi-commodity resource table for completeness.
Negative factors
- Fact expanded from resource table columns (model omitted this commodity).
Evidence · table
“365”
Context: 1.04
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
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
indicatedTable 12 Panuco · goldTonnes: 210000Grade: 3.37Grade Unit: g/tContained Metal: 23Contained Unit: kozView all detailsHide details
Identity
- Project
- Table 12 Panuco
- Commodity
- gold
- Ticker
- VZLA
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- Resource group id
- resource:65dce24ca7444f64dcad
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 210000
- Grade
- 3.37
- Grade Unit
- g/t
- Contained Metal
- 23
- Contained Unit
- koz
Metal Equivalent
- Metal Eq. Grade
- 858
- Metal Eq. Unit
- g/t AgEq
Review
- Needs Review
- No
- Historical
- No
Reasoning: Expanded from multi-commodity resource table for completeness.
Negative factors
- Fact expanded from resource table columns (model omitted this commodity).
Evidence · table
“3.37”
Context: 0.21
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
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
indicatedTable 12 Panuco · silverTonnes: 210000Grade: 581Grade Unit: g/tView all detailsHide details
Identity
- Project
- Table 12 Panuco
- Commodity
- silver
- Ticker
- VZLA
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- Resource group id
- resource:65dce24ca7444f64dcad
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 210000
- Grade
- 581
- Grade Unit
- g/t
Metal Equivalent
- Metal Eq. Grade
- 858
- Metal Eq. Unit
- g/t AgEq
Review
- Needs Review
- No
- Historical
- No
Reasoning: Expanded from multi-commodity resource table for completeness.
Negative factors
- Fact expanded from resource table columns (model omitted this commodity).
Evidence · table
“581”
Context: 0.21
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
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
inferredTable 12 Panuco · goldTonnes: 720000Grade: 2.54Grade Unit: g/tContained Metal: 59Contained Unit: kozView all detailsHide details
Identity
- Project
- Table 12 Panuco
- Commodity
- gold
- Ticker
- VZLA
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- Resource group id
- resource:0244b9f86703074ebe87
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 720000
- Grade
- 2.54
- Grade Unit
- g/t
- Contained Metal
- 59
- Contained Unit
- koz
Metal Equivalent
- Metal Eq. Grade
- 650
- Metal Eq. Unit
- g/t AgEq
Review
- Needs Review
- No
- Historical
- No
Reasoning: Expanded from multi-commodity resource table for completeness.
Negative factors
- Fact expanded from resource table columns (model omitted this commodity).
Evidence · table
“2.54”
Context: 0.72
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
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
inferredTable 12 Panuco · silverTonnes: 720000Grade: 443Grade Unit: g/tView all detailsHide details
Identity
- Project
- Table 12 Panuco
- Commodity
- silver
- Ticker
- VZLA
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- Resource group id
- resource:0244b9f86703074ebe87
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 720000
- Grade
- 443
- Grade Unit
- g/t
Metal Equivalent
- Metal Eq. Grade
- 650
- Metal Eq. Unit
- g/t AgEq
Review
- Needs Review
- No
- Historical
- No
Reasoning: Expanded from multi-commodity resource table for completeness.
Negative factors
- Fact expanded from resource table columns (model omitted this commodity).
Evidence · table
“443”
Context: 0.72
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
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
indicatedTable 12 Panuco · goldTonnes: 5370000Grade: 2.48Grade Unit: g/tContained Metal: 427Contained Unit: kozView all detailsHide details
Identity
- Project
- Table 12 Panuco
- Commodity
- gold
- Ticker
- VZLA
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- Resource group id
- resource:0d40946f8f313dac9d01
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 5370000
- Grade
- 2.48
- Grade Unit
- g/t
- Contained Metal
- 427
- Contained Unit
- koz
Metal Equivalent
- Metal Eq. Grade
- 580
- Metal Eq. Unit
- g/t AgEq
Review
- Needs Review
- No
- Historical
- No
Reasoning: Expanded from multi-commodity resource table for completeness.
Negative factors
- Fact expanded from resource table columns (model omitted this commodity).
Evidence · table
“2.48”
Context: 5.37
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
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
indicatedTable 12 Panuco · silverTonnes: 5370000Grade: 385Grade Unit: g/tView all detailsHide details
Identity
- Project
- Table 12 Panuco
- Commodity
- silver
- Ticker
- VZLA
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- Resource group id
- resource:0d40946f8f313dac9d01
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 5370000
- Grade
- 385
- Grade Unit
- g/t
Metal Equivalent
- Metal Eq. Grade
- 580
- Metal Eq. Unit
- g/t AgEq
Review
- Needs Review
- No
- Historical
- No
Reasoning: Expanded from multi-commodity resource table for completeness.
Negative factors
- Fact expanded from resource table columns (model omitted this commodity).
Evidence · table
“385”
Context: 5.37
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
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
inferredTable 12 Panuco · goldTonnes: 4920000Grade: 1.94Grade Unit: g/tContained Metal: 307Contained Unit: kozView all detailsHide details
Identity
- Project
- Table 12 Panuco
- Commodity
- gold
- Ticker
- VZLA
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- Resource group id
- resource:f3d0a8ab0659409557d8
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 4920000
- Grade
- 1.94
- Grade Unit
- g/t
- Contained Metal
- 307
- Contained Unit
- koz
Metal Equivalent
- Metal Eq. Grade
- 515
- Metal Eq. Unit
- g/t AgEq
Review
- Needs Review
- No
- Historical
- No
Reasoning: Expanded from multi-commodity resource table for completeness.
Negative factors
- Fact expanded from resource table columns (model omitted this commodity).
Evidence · table
“1.94”
Context: 4.92
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
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
inferredTable 12 Panuco · silverTonnes: 4920000Grade: 355Grade Unit: g/tView all detailsHide details
Identity
- Project
- Table 12 Panuco
- Commodity
- silver
- Ticker
- VZLA
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- Resource group id
- resource:f3d0a8ab0659409557d8
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 4920000
- Grade
- 355
- Grade Unit
- g/t
Metal Equivalent
- Metal Eq. Grade
- 515
- Metal Eq. Unit
- g/t AgEq
Review
- Needs Review
- No
- Historical
- No
Reasoning: Expanded from multi-commodity resource table for completeness.
Negative factors
- Fact expanded from resource table columns (model omitted this commodity).
Evidence · table
“355”
Context: 4.92
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
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
indicatedgoldTonnes: 270000Grade: 2.56Grade Unit: g/tContained Metal: 22Contained Unit: kozView all detailsHide details
Identity
- Commodity
- gold
- Ticker
- VZLA
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- Resource group id
- resource:ef8514fbc52184905a06
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 270000
- Grade
- 2.56
- Grade Unit
- g/t
- Contained Metal
- 22
- Contained Unit
- koz
Metal Equivalent
- Metal Eq. Grade
- 459
- Metal Eq. Unit
- g/t AgEq
Review
- Needs Review
- No
- Historical
- No
Reasoning: Expanded from multi-commodity resource table for completeness.
Negative factors
- Fact expanded from resource table columns (model omitted this commodity).
Evidence · table
“2.56”
Context: 0.27
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
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
indicatedsilverTonnes: 270000Grade: 177Grade Unit: g/tContained Metal: 1556Contained Unit: kozView all detailsHide details
Identity
- Commodity
- silver
- Ticker
- VZLA
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- Resource group id
- resource:ef8514fbc52184905a06
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 270000
- Grade
- 177
- Grade Unit
- g/t
- Contained Metal
- 1556
- Contained Unit
- koz
Metal Equivalent
- Metal Eq. Grade
- 459
- Metal Eq. Unit
- g/t AgEq
Review
- Needs Review
- No
- Historical
- No
Reasoning: Expanded from multi-commodity resource table for completeness.
Negative factors
- Fact expanded from resource table columns (model omitted this commodity).
Evidence · table
“177”
Context: 0.27
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
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
indicatedzincTonnes: 270000Grade: 2.01Grade Unit: %View all detailsHide details
Identity
- Commodity
- zinc
- Ticker
- VZLA
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- Resource group id
- resource:ef8514fbc52184905a06
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 270000
- Grade
- 2.01
- Grade Unit
- %
Metal Equivalent
- Metal Eq. Grade
- 459
- Metal Eq. Unit
- g/t AgEq
Review
- Needs Review
- No
- Historical
- No
Reasoning: Expanded from multi-commodity resource table for completeness.
Negative factors
- Fact expanded from resource table columns (model omitted this commodity).
Evidence · table
“2.01”
Context: 0.27
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
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
inferredgoldTonnes: 2040000Grade: 2.13Grade Unit: g/tContained Metal: 139Contained Unit: kozView all detailsHide details
Identity
- Commodity
- gold
- Ticker
- VZLA
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- Resource group id
- resource:30b59d277d8babc20af0
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 2040000
- Grade
- 2.13
- Grade Unit
- g/t
- Contained Metal
- 139
- Contained Unit
- koz
Metal Equivalent
- Metal Eq. Grade
- 386
- Metal Eq. Unit
- g/t AgEq
Review
- Needs Review
- No
- Historical
- No
Reasoning: Expanded from multi-commodity resource table for completeness.
Negative factors
- Fact expanded from resource table columns (model omitted this commodity).
Evidence · table
“2.13”
Context: 2.04
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
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
inferredsilverTonnes: 2040000Grade: 159Grade Unit: g/tContained Metal: 10439Contained Unit: kozView all detailsHide details
Identity
- Commodity
- silver
- Ticker
- VZLA
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- Resource group id
- resource:30b59d277d8babc20af0
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 2040000
- Grade
- 159
- Grade Unit
- g/t
- Contained Metal
- 10439
- Contained Unit
- koz
Metal Equivalent
- Metal Eq. Grade
- 386
- Metal Eq. Unit
- g/t AgEq
Review
- Needs Review
- No
- Historical
- No
Reasoning: Expanded from multi-commodity resource table for completeness.
Negative factors
- Fact expanded from resource table columns (model omitted this commodity).
Evidence · table
“159”
Context: 2.04
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
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
inferredzincTonnes: 2040000Grade: 1.51Grade Unit: %View all detailsHide details
Identity
- Commodity
- zinc
- Ticker
- VZLA
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- Resource group id
- resource:30b59d277d8babc20af0
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 2040000
- Grade
- 1.51
- Grade Unit
- %
Metal Equivalent
- Metal Eq. Grade
- 386
- Metal Eq. Unit
- g/t AgEq
Review
- Needs Review
- No
- Historical
- No
Reasoning: Expanded from multi-commodity resource table for completeness.
Negative factors
- Fact expanded from resource table columns (model omitted this commodity).
Evidence · table
“1.51”
Context: 2.04
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
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
indicatedgoldTonnes: 30000Grade: 2.01Grade Unit: g/tContained Metal: 2Contained Unit: kozView all detailsHide details
Identity
- Commodity
- gold
- Ticker
- VZLA
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- Resource group id
- resource:3de1d509d98ccebe7e2c
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 30000
- Grade
- 2.01
- Grade Unit
- g/t
- Contained Metal
- 2
- Contained Unit
- koz
Metal Equivalent
- Metal Eq. Grade
- 373
- Metal Eq. Unit
- g/t AgEq
Review
- Needs Review
- No
- Historical
- No
Reasoning: Expanded from multi-commodity resource table for completeness.
Negative factors
- Fact expanded from resource table columns (model omitted this commodity).
Evidence · table
“2.01”
Context: 0.03
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
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
indicatedsilverTonnes: 30000Grade: 144Grade Unit: g/tContained Metal: 153Contained Unit: kozView all detailsHide details
Identity
- Commodity
- silver
- Ticker
- VZLA
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- Resource group id
- resource:3de1d509d98ccebe7e2c
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 30000
- Grade
- 144
- Grade Unit
- g/t
- Contained Metal
- 153
- Contained Unit
- koz
Metal Equivalent
- Metal Eq. Grade
- 373
- Metal Eq. Unit
- g/t AgEq
Review
- Needs Review
- No
- Historical
- No
Reasoning: Expanded from multi-commodity resource table for completeness.
Negative factors
- Fact expanded from resource table columns (model omitted this commodity).
Evidence · table
“144”
Context: 0.03
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
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
indicatedzincTonnes: 30000Grade: 1.71Grade Unit: %View all detailsHide details
Identity
- Commodity
- zinc
- Ticker
- VZLA
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- Resource group id
- resource:3de1d509d98ccebe7e2c
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 30000
- Grade
- 1.71
- Grade Unit
- %
Metal Equivalent
- Metal Eq. Grade
- 373
- Metal Eq. Unit
- g/t AgEq
Review
- Needs Review
- No
- Historical
- No
Reasoning: Expanded from multi-commodity resource table for completeness.
Negative factors
- Fact expanded from resource table columns (model omitted this commodity).
Evidence · table
“1.71”
Context: 0.03
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
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
inferredgoldTonnes: 310000Grade: 3.75Grade Unit: g/tContained Metal: 37Contained Unit: kozView all detailsHide details
Identity
- Commodity
- gold
- Ticker
- VZLA
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- Resource group id
- resource:85b144c98e14d4c0441d
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 310000
- Grade
- 3.75
- Grade Unit
- g/t
- Contained Metal
- 37
- Contained Unit
- koz
Metal Equivalent
- Metal Eq. Grade
- 519
- Metal Eq. Unit
- g/t AgEq
Review
- Needs Review
- No
- Historical
- No
Reasoning: Expanded from multi-commodity resource table for completeness.
Negative factors
- Fact expanded from resource table columns (model omitted this commodity).
Evidence · table
“3.75”
Context: 0.31
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
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
inferredsilverTonnes: 310000Grade: 170Grade Unit: g/tContained Metal: 1698Contained Unit: kozView all detailsHide details
Identity
- Commodity
- silver
- Ticker
- VZLA
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- Resource group id
- resource:85b144c98e14d4c0441d
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 310000
- Grade
- 170
- Grade Unit
- g/t
- Contained Metal
- 1698
- Contained Unit
- koz
Metal Equivalent
- Metal Eq. Grade
- 519
- Metal Eq. Unit
- g/t AgEq
Review
- Needs Review
- No
- Historical
- No
Reasoning: Expanded from multi-commodity resource table for completeness.
Negative factors
- Fact expanded from resource table columns (model omitted this commodity).
Evidence · table
“170”
Context: 0.31
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
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
inferredzincTonnes: 310000Grade: 1.48Grade Unit: %View all detailsHide details
Identity
- Commodity
- zinc
- Ticker
- VZLA
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- Resource group id
- resource:85b144c98e14d4c0441d
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 310000
- Grade
- 1.48
- Grade Unit
- %
Metal Equivalent
- Metal Eq. Grade
- 519
- Metal Eq. Unit
- g/t AgEq
Review
- Needs Review
- No
- Historical
- No
Reasoning: Expanded from multi-commodity resource table for completeness.
Negative factors
- Fact expanded from resource table columns (model omitted this commodity).
Evidence · table
“1.48”
Context: 0.31
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
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
indicatedgoldTonnes: 70000Grade: 2.88Grade Unit: g/tContained Metal: 6Contained Unit: kozView all detailsHide details
Identity
- Commodity
- gold
- Ticker
- VZLA
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- Resource group id
- resource:40db53d899caf30aad18
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 70000
- Grade
- 2.88
- Grade Unit
- g/t
- Contained Metal
- 6
- Contained Unit
- koz
Metal Equivalent
- Metal Eq. Grade
- 492
- Metal Eq. Unit
- g/t AgEq
Review
- Needs Review
- No
- Historical
- No
Reasoning: Expanded from multi-commodity resource table for completeness.
Negative factors
- Fact expanded from resource table columns (model omitted this commodity).
Evidence · table
“2.88”
Context: 0.07
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
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
indicatedsilverTonnes: 70000Grade: 221Grade Unit: g/tContained Metal: 491Contained Unit: kozView all detailsHide details
Identity
- Commodity
- silver
- Ticker
- VZLA
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- Resource group id
- resource:40db53d899caf30aad18
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 70000
- Grade
- 221
- Grade Unit
- g/t
- Contained Metal
- 491
- Contained Unit
- koz
Metal Equivalent
- Metal Eq. Grade
- 492
- Metal Eq. Unit
- g/t AgEq
Review
- Needs Review
- No
- Historical
- No
Reasoning: Expanded from multi-commodity resource table for completeness.
Negative factors
- Fact expanded from resource table columns (model omitted this commodity).
Evidence · table
“221”
Context: 0.07
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
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
indicatedzincTonnes: 70000Grade: 1.11Grade Unit: %View all detailsHide details
Identity
- Commodity
- zinc
- Ticker
- VZLA
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- Resource group id
- resource:40db53d899caf30aad18
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 70000
- Grade
- 1.11
- Grade Unit
- %
Metal Equivalent
- Metal Eq. Grade
- 492
- Metal Eq. Unit
- g/t AgEq
Review
- Needs Review
- No
- Historical
- No
Reasoning: Expanded from multi-commodity resource table for completeness.
Negative factors
- Fact expanded from resource table columns (model omitted this commodity).
Evidence · table
“1.11”
Context: 0.07
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
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
inferredgoldTonnes: 220000Grade: 2.05Grade Unit: g/tContained Metal: 15Contained Unit: kozView all detailsHide details
Identity
- Commodity
- gold
- Ticker
- VZLA
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- Resource group id
- resource:b8613f7065eb55f1eb7d
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 220000
- Grade
- 2.05
- Grade Unit
- g/t
- Contained Metal
- 15
- Contained Unit
- koz
Metal Equivalent
- Metal Eq. Grade
- 364
- Metal Eq. Unit
- g/t AgEq
Review
- Needs Review
- No
- Historical
- No
Reasoning: Expanded from multi-commodity resource table for completeness.
Negative factors
- Fact expanded from resource table columns (model omitted this commodity).
Evidence · table
“2.05”
Context: 0.22
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
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
inferredsilverTonnes: 220000Grade: 161Grade Unit: g/tContained Metal: 1161Contained Unit: kozView all detailsHide details
Identity
- Commodity
- silver
- Ticker
- VZLA
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- Resource group id
- resource:b8613f7065eb55f1eb7d
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 220000
- Grade
- 161
- Grade Unit
- g/t
- Contained Metal
- 1161
- Contained Unit
- koz
Metal Equivalent
- Metal Eq. Grade
- 364
- Metal Eq. Unit
- g/t AgEq
Review
- Needs Review
- No
- Historical
- No
Reasoning: Expanded from multi-commodity resource table for completeness.
Negative factors
- Fact expanded from resource table columns (model omitted this commodity).
Evidence · table
“161”
Context: 0.22
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
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
inferredzincTonnes: 220000Grade: 1Grade Unit: %View all detailsHide details
Identity
- Commodity
- zinc
- Ticker
- VZLA
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- Resource group id
- resource:b8613f7065eb55f1eb7d
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 220000
- Grade
- 1
- Grade Unit
- %
Metal Equivalent
- Metal Eq. Grade
- 364
- Metal Eq. Unit
- g/t AgEq
Review
- Needs Review
- No
- Historical
- No
Reasoning: Expanded from multi-commodity resource table for completeness.
Negative factors
- Fact expanded from resource table columns (model omitted this commodity).
Evidence · table
“1.00”
Context: 0.22
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
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
indicatedgoldTonnes: 430000Grade: 1.72Grade Unit: g/tContained Metal: 24Contained Unit: kozView all detailsHide details
Identity
- Commodity
- gold
- Ticker
- VZLA
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- Resource group id
- resource:30a75d080c46179d1962
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 430000
- Grade
- 1.72
- Grade Unit
- g/t
- Contained Metal
- 24
- Contained Unit
- koz
Metal Equivalent
- Metal Eq. Grade
- 365
- Metal Eq. Unit
- g/t AgEq
Review
- Needs Review
- No
- Historical
- No
Reasoning: Expanded from multi-commodity resource table for completeness.
Negative factors
- Fact expanded from resource table columns (model omitted this commodity).
Evidence · table
“1.72”
Context: 0.43
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
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
indicatedsilverTonnes: 430000Grade: 164Grade Unit: g/tContained Metal: 2259Contained Unit: kozView all detailsHide details
Identity
- Commodity
- silver
- Ticker
- VZLA
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- Resource group id
- resource:30a75d080c46179d1962
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 430000
- Grade
- 164
- Grade Unit
- g/t
- Contained Metal
- 2259
- Contained Unit
- koz
Metal Equivalent
- Metal Eq. Grade
- 365
- Metal Eq. Unit
- g/t AgEq
Review
- Needs Review
- No
- Historical
- No
Reasoning: Expanded from multi-commodity resource table for completeness.
Negative factors
- Fact expanded from resource table columns (model omitted this commodity).
Evidence · table
“164”
Context: 0.43
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
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
indicatedzincTonnes: 430000Grade: 1.53Grade Unit: %View all detailsHide details
Identity
- Commodity
- zinc
- Ticker
- VZLA
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- Resource group id
- resource:30a75d080c46179d1962
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 430000
- Grade
- 1.53
- Grade Unit
- %
Metal Equivalent
- Metal Eq. Grade
- 365
- Metal Eq. Unit
- g/t AgEq
Review
- Needs Review
- No
- Historical
- No
Reasoning: Expanded from multi-commodity resource table for completeness.
Negative factors
- Fact expanded from resource table columns (model omitted this commodity).
Evidence · table
“1.53”
Context: 0.43
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
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
inferredgoldTonnes: 850000Grade: 2.17Grade Unit: g/tContained Metal: 59Contained Unit: kozView all detailsHide details
Identity
- Commodity
- gold
- Ticker
- VZLA
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- Resource group id
- resource:8b7030716c969a3e73a6
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 850000
- Grade
- 2.17
- Grade Unit
- g/t
- Contained Metal
- 59
- Contained Unit
- koz
Metal Equivalent
- Metal Eq. Grade
- 479
- Metal Eq. Unit
- g/t AgEq
Review
- Needs Review
- No
- Historical
- No
Reasoning: Expanded from multi-commodity resource table for completeness.
Negative factors
- Fact expanded from resource table columns (model omitted this commodity).
Evidence · table
“2.17”
Context: 0.85
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
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
inferredsilverTonnes: 850000Grade: 220Grade Unit: g/tContained Metal: 5976Contained Unit: kozView all detailsHide details
Identity
- Commodity
- silver
- Ticker
- VZLA
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- Resource group id
- resource:8b7030716c969a3e73a6
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 850000
- Grade
- 220
- Grade Unit
- g/t
- Contained Metal
- 5976
- Contained Unit
- koz
Metal Equivalent
- Metal Eq. Grade
- 479
- Metal Eq. Unit
- g/t AgEq
Review
- Needs Review
- No
- Historical
- No
Reasoning: Expanded from multi-commodity resource table for completeness.
Negative factors
- Fact expanded from resource table columns (model omitted this commodity).
Evidence · table
“220”
Context: 0.85
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
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
inferredzincTonnes: 850000Grade: 2.02Grade Unit: %View all detailsHide details
Identity
- Commodity
- zinc
- Ticker
- VZLA
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- Resource group id
- resource:8b7030716c969a3e73a6
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 850000
- Grade
- 2.02
- Grade Unit
- %
Metal Equivalent
- Metal Eq. Grade
- 479
- Metal Eq. Unit
- g/t AgEq
Review
- Needs Review
- No
- Historical
- No
Reasoning: Expanded from multi-commodity resource table for completeness.
Negative factors
- Fact expanded from resource table columns (model omitted this commodity).
Evidence · table
“2.02”
Context: 0.85
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
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
indicatedgoldTonnes: 3310000Grade: 2.39Grade Unit: g/tContained Metal: 255Contained Unit: kozView all detailsHide details
Identity
- Commodity
- gold
- Ticker
- VZLA
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- Resource group id
- resource:6e5acf5eba2d9c66d52a
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 3310000
- Grade
- 2.39
- Grade Unit
- g/t
- Contained Metal
- 255
- Contained Unit
- koz
Metal Equivalent
- Metal Eq. Grade
- 425
- Metal Eq. Unit
- g/t AgEq
Review
- Needs Review
- No
- Historical
- No
Reasoning: Expanded from multi-commodity resource table for completeness.
Negative factors
- Fact expanded from resource table columns (model omitted this commodity).
Evidence · table
“2.39”
Context: 3.31
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
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
indicatedsilverTonnes: 3310000Grade: 162Grade Unit: g/tContained Metal: 17276Contained Unit: kozView all detailsHide details
Identity
- Commodity
- silver
- Ticker
- VZLA
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- Resource group id
- resource:6e5acf5eba2d9c66d52a
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 3310000
- Grade
- 162
- Grade Unit
- g/t
- Contained Metal
- 17276
- Contained Unit
- koz
Metal Equivalent
- Metal Eq. Grade
- 425
- Metal Eq. Unit
- g/t AgEq
Review
- Needs Review
- No
- Historical
- No
Reasoning: Expanded from multi-commodity resource table for completeness.
Negative factors
- Fact expanded from resource table columns (model omitted this commodity).
Evidence · table
“162”
Context: 3.31
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
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
indicatedzincTonnes: 3310000Grade: 1.73Grade Unit: %View all detailsHide details
Identity
- Commodity
- zinc
- Ticker
- VZLA
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- Resource group id
- resource:6e5acf5eba2d9c66d52a
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 3310000
- Grade
- 1.73
- Grade Unit
- %
Metal Equivalent
- Metal Eq. Grade
- 425
- Metal Eq. Unit
- g/t AgEq
Review
- Needs Review
- No
- Historical
- No
Reasoning: Expanded from multi-commodity resource table for completeness.
Negative factors
- Fact expanded from resource table columns (model omitted this commodity).
Evidence · table
“1.73”
Context: 3.31
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
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
inferredgoldTonnes: 3180000Grade: 1.64Grade Unit: g/tContained Metal: 168Contained Unit: kozView all detailsHide details
Identity
- Commodity
- gold
- Ticker
- VZLA
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- Resource group id
- resource:2853630a92172fc3389a
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 3180000
- Grade
- 1.64
- Grade Unit
- g/t
- Contained Metal
- 168
- Contained Unit
- koz
Metal Equivalent
- Metal Eq. Grade
- 342
- Metal Eq. Unit
- g/t AgEq
Review
- Needs Review
- No
- Historical
- No
Reasoning: Expanded from multi-commodity resource table for completeness.
Negative factors
- Fact expanded from resource table columns (model omitted this commodity).
Evidence · table
“1.64”
Context: 3.18
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
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
inferredsilverTonnes: 3180000Grade: 137Grade Unit: g/tContained Metal: 14045Contained Unit: kozView all detailsHide details
Identity
- Commodity
- silver
- Ticker
- VZLA
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- Resource group id
- resource:2853630a92172fc3389a
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 3180000
- Grade
- 137
- Grade Unit
- g/t
- Contained Metal
- 14045
- Contained Unit
- koz
Metal Equivalent
- Metal Eq. Grade
- 342
- Metal Eq. Unit
- g/t AgEq
Review
- Needs Review
- No
- Historical
- No
Reasoning: Expanded from multi-commodity resource table for completeness.
Negative factors
- Fact expanded from resource table columns (model omitted this commodity).
Evidence · table
“137”
Context: 3.18
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
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
inferredzincTonnes: 3180000Grade: 1.76Grade Unit: %View all detailsHide details
Identity
- Commodity
- zinc
- Ticker
- VZLA
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- Resource group id
- resource:2853630a92172fc3389a
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 3180000
- Grade
- 1.76
- Grade Unit
- %
Metal Equivalent
- Metal Eq. Grade
- 342
- Metal Eq. Unit
- g/t AgEq
Review
- Needs Review
- No
- Historical
- No
Reasoning: Expanded from multi-commodity resource table for completeness.
Negative factors
- Fact expanded from resource table columns (model omitted this commodity).
Evidence · table
“1.76”
Context: 3.18
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
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
indicatedgoldTonnes: 4120000Grade: 2.34Grade Unit: g/tContained Metal: 309Contained Unit: kozView all detailsHide details
Identity
- Commodity
- gold
- Ticker
- VZLA
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- Resource group id
- resource:aba1052bd87681bd0ffd
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 4120000
- Grade
- 2.34
- Grade Unit
- g/t
- Contained Metal
- 309
- Contained Unit
- koz
Metal Equivalent
- Metal Eq. Grade
- 421
- Metal Eq. Unit
- g/t AgEq
Review
- Needs Review
- No
- Historical
- No
Reasoning: Expanded from multi-commodity resource table for completeness.
Negative factors
- Fact expanded from resource table columns (model omitted this commodity).
Evidence · table
“2.34”
Context: 4.12
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
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
indicatedsilverTonnes: 4120000Grade: 164Grade Unit: g/tView all detailsHide details
Identity
- Commodity
- silver
- Ticker
- VZLA
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- Resource group id
- resource:aba1052bd87681bd0ffd
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 4120000
- Grade
- 164
- Grade Unit
- g/t
Metal Equivalent
- Metal Eq. Grade
- 421
- Metal Eq. Unit
- g/t AgEq
Review
- Needs Review
- No
- Historical
- No
Reasoning: Expanded from multi-commodity resource table for completeness.
Negative factors
- Fact expanded from resource table columns (model omitted this commodity).
Evidence · table
“164”
Context: 4.12
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
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
inferredgoldTonnes: 6600000Grade: 1.97Grade Unit: g/tContained Metal: 418Contained Unit: kozView all detailsHide details
Identity
- Commodity
- gold
- Ticker
- VZLA
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- Resource group id
- resource:ff78942eb875697d6edd
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 6600000
- Grade
- 1.97
- Grade Unit
- g/t
- Contained Metal
- 418
- Contained Unit
- koz
Metal Equivalent
- Metal Eq. Grade
- 383
- Metal Eq. Unit
- g/t AgEq
Review
- Needs Review
- No
- Historical
- No
Reasoning: Expanded from multi-commodity resource table for completeness.
Negative factors
- Fact expanded from resource table columns (model omitted this commodity).
Evidence · table
“1.97”
Context: 6.60
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
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
inferredsilverTonnes: 6600000Grade: 157Grade Unit: g/tView all detailsHide details
Identity
- Commodity
- silver
- Ticker
- VZLA
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- Resource group id
- resource:ff78942eb875697d6edd
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 6600000
- Grade
- 157
- Grade Unit
- g/t
Metal Equivalent
- Metal Eq. Grade
- 383
- Metal Eq. Unit
- g/t AgEq
Review
- Needs Review
- No
- Historical
- No
Reasoning: Expanded from multi-commodity resource table for completeness.
Negative factors
- Fact expanded from resource table columns (model omitted this commodity).
Evidence · table
“157”
Context: 6.60
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
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
inferredgoldTonnes: 280000Grade: 1.3Grade Unit: g/tContained Metal: 12Contained Unit: kozView all detailsHide details
Identity
- Commodity
- gold
- Ticker
- VZLA
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- Resource group id
- resource:cb6546f8b208066fb3ed
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 280000
- Grade
- 1.3
- Grade Unit
- g/t
- Contained Metal
- 12
- Contained Unit
- koz
Metal Equivalent
- Metal Eq. Grade
- 325
- Metal Eq. Unit
- g/t AgEq
Review
- Needs Review
- No
- Historical
- No
Reasoning: Expanded from multi-commodity resource table for completeness.
Negative factors
- Fact expanded from resource table columns (model omitted this commodity).
Evidence · table
“1.30”
Context: 0.28
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
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
inferredsilverTonnes: 280000Grade: 226Grade Unit: g/tView all detailsHide details
Identity
- Commodity
- silver
- Ticker
- VZLA
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- Resource group id
- resource:cb6546f8b208066fb3ed
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 280000
- Grade
- 226
- Grade Unit
- g/t
Metal Equivalent
- Metal Eq. Grade
- 325
- Metal Eq. Unit
- g/t AgEq
Review
- Needs Review
- No
- Historical
- No
Reasoning: Expanded from multi-commodity resource table for completeness.
Negative factors
- Fact expanded from resource table columns (model omitted this commodity).
Evidence · table
“226”
Context: 0.28
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
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
inferredzincTonnes: 280000Grade: 0.03Grade Unit: %View all detailsHide details
Identity
- Commodity
- zinc
- Ticker
- VZLA
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- Resource group id
- resource:cb6546f8b208066fb3ed
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 280000
- Grade
- 0.03
- Grade Unit
- %
Metal Equivalent
- Metal Eq. Grade
- 325
- Metal Eq. Unit
- g/t AgEq
Review
- Needs Review
- No
- Historical
- No
Reasoning: Expanded from multi-commodity resource table for completeness.
Negative factors
- Fact expanded from resource table columns (model omitted this commodity).
Evidence · table
“0.03”
Context: 0.28
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
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
inferredgoldTonnes: 390000Grade: 1.68Grade Unit: g/tContained Metal: 21Contained Unit: kozView all detailsHide details
Identity
- Commodity
- gold
- Ticker
- VZLA
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- Resource group id
- resource:5c017c6c0f76464216a7
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 390000
- Grade
- 1.68
- Grade Unit
- g/t
- Contained Metal
- 21
- Contained Unit
- koz
Metal Equivalent
- Metal Eq. Grade
- 327
- Metal Eq. Unit
- g/t AgEq
Review
- Needs Review
- No
- Historical
- No
Reasoning: Expanded from multi-commodity resource table for completeness.
Negative factors
- Fact expanded from resource table columns (model omitted this commodity).
Evidence · table
“1.68”
Context: 0.39
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
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
inferredsilverTonnes: 390000Grade: 169Grade Unit: g/tView all detailsHide details
Identity
- Commodity
- silver
- Ticker
- VZLA
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- Resource group id
- resource:5c017c6c0f76464216a7
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 390000
- Grade
- 169
- Grade Unit
- g/t
Metal Equivalent
- Metal Eq. Grade
- 327
- Metal Eq. Unit
- g/t AgEq
Review
- Needs Review
- No
- Historical
- No
Reasoning: Expanded from multi-commodity resource table for completeness.
Negative factors
- Fact expanded from resource table columns (model omitted this commodity).
Evidence · table
“169”
Context: 0.39
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
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
inferredzincTonnes: 390000Grade: 0.6Grade Unit: %View all detailsHide details
Identity
- Commodity
- zinc
- Ticker
- VZLA
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- Resource group id
- resource:5c017c6c0f76464216a7
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 390000
- Grade
- 0.6
- Grade Unit
- %
Metal Equivalent
- Metal Eq. Grade
- 327
- Metal Eq. Unit
- g/t AgEq
Review
- Needs Review
- No
- Historical
- No
Reasoning: Expanded from multi-commodity resource table for completeness.
Negative factors
- Fact expanded from resource table columns (model omitted this commodity).
Evidence · table
“0.60”
Context: 0.39
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
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
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.