Volcanic Gold prepares to Restart Exploration at Holly Property with a Focus on Increasing the High-grade Resource

Original announcement by tmx on

Company
Volcanic Gold Mines Inc.
Ticker
VG
Exchange
TSX
Region
Guatemala
Primary commodity
Gold
Secondary commodities
Silver
Document categories
Drill results, Resource update, Permitting
Extracted
2026-09-19 04:52:25 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Volcanic Gold Mines is restarting exploration at its Holly Property in Guatemala, focusing on expanding and upgrading its high-grade gold-silver resource. The company highlights historical drill intercepts from 2021-22, including bonanza grades, and an existing inferred resource of 1.32 million tonnes at 6.46 g/t Au and 256 g/t Ag. The upcoming drill program will target extensions of the La Peña vein and infill drilling on the Pino vein to incorporate it into the resource, with technical information approved by a Qualified Person.

Reasoning: The document announces the restart of exploration activities at the Holly Property, highlighting high-grade gold and silver drill intercepts from a previous campaign and an existing inferred resource. The planned drilling aims to expand and upgrade the resource, indicating positive future potential, despite the reported drill results being historical. The mention of QP sign-off and NI 43-101 compliance adds credibility.

Positive factors

  • High-grade gold and silver intercepts reported, including bonanza grades.
  • True width estimates provided for all intercepts.
  • Drilling aims to expand existing resource and bring new veins into the resource envelope.
  • Qualified Person sign-off and NI 43-101 compliance for technical information.

Negative factors

  • Drill results are from a previous campaign (2021-22), not new assays.
  • The resource estimate is inferred, indicating lower confidence.
  • Social license issues previously suspended drilling, though feedback is now positive.

Low confidence — this extraction should be reviewed alongside the original source.

Facts used in scoring: 46

Classification and evidence

Bonanza Interceptpositive

Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: Drill hole HDD-21-023 returned 4.58 m at 79.84 g/t gold and 5,053 g/t silver, which is exceptionally high-grade for gold and silver.

Evidence · table

“79.84”

Context: 4.58

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: All reported drill intercepts include an 'Est. True Width (m)' column, providing estimated true widths.

Evidence · table

“Est. True Width (m)”

Context: Hole ID

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: The news release states that Luc English, PhD, a Chartered Geologist and Fellow of the Geological Society of London, is the Company’s Qualified Person as defined by NI 43-101 and has reviewed and approved the technical information.

Evidence · text

“Luc English, PhD, who is a Chartered Geologist and Fellow of the Geological Society of London, is the Company’s Qualified Person as defined by National Instrument 43-101 - Standards of Disclosure for Mineral Projects. Dr. English has reviewed and approved the technical information contained in this news release.”

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: The existing resource estimate is explicitly stated as an 'inferred resource of 1.32 million tonnes'.

Evidence · text

“inferred resource of 1.32 million tonnes at 6.46 g/t Au and 256 g/t Ag”

Resource Updateneutral

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

Why it applies: The document discusses an existing mineral resource estimate and plans for additional drilling to upgrade and expand it.

Evidence · text

“Previous drilling in 2021-22 at Holly defined an inferred resource of 1.32 million tonnes at 6.46 g/t Au and 256 g/t Ag”

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: The planned drilling aims to 'extend the depth and strike extent of mineralization' and 'defining the strike length and tracking the Peña vein down-dip'.

Evidence · text

“Additional drilling will aim to extend the depth and strike extent of mineralization”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The planned drilling includes 'tighten drill spacing to upgrade the confidence level of the mineral resource' and 'infill and extension drilling' around high-grade intercepts.

Evidence · text

“tighten drill spacing to upgrade the confidence level of the mineral resource”

Stale Data Re-releasenegative

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

Why it applies: The drill results presented in the tables are from a 'Previous drilling in 2021-22' campaign, not new assays.

Evidence · text

“Previous drilling in 2021-22 at Holly defined an inferred resource”

Cut-off Disclosedpositive

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

Why it applies: A current resource fact retains the disclosed cut-off grade

Extracted facts

Stored fact records: 46. Some facts used in scoring do not have a stored record.

Drill Results (44)

HDD-001Holly · goldGrade: 4.14Grade Unit: g/tIntercept: 14.2 mView all details
Link to this fact

Identity

Hole ID
HDD-001
Project
Holly
Commodity
gold
Region
guatemala
Reported Region
guatemala
Ticker
VG

Geometry

Grade
4.14
Grade Unit
g/t
Intercept
14.2 m
True Width
12.6 m
From
34.8 m
To
49 m
Intercept Depth
34.8 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
HDD-001:34.8-49
Mining Method
underground

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-03-03T00:00:00.000Z

Reasoning: This historical intercept shows a good gold grade over a significant width, typical for an epithermal deposit, with true width provided.

Positive factors

  • Good gold grade for epithermal deposit.
  • Significant intercept length.
  • True width disclosed.

Negative factors

  • Results are historical.

Evidence · table

“4.14”

Context: 14.20

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 12.6

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

HDD-001Holly · silverGrade: 151Grade Unit: g/tIntercept: 14.2 mView all details
Link to this fact

Identity

Hole ID
HDD-001
Project
Holly
Commodity
silver
Region
guatemala
Reported Region
guatemala
Ticker
VG

Geometry

Grade
151
Grade Unit
g/t
Intercept
14.2 m
True Width
12.6 m
From
34.8 m
To
49 m
Intercept Depth
34.8 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
HDD-001:34.8-49
Mining Method
underground

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-03-03T00:00:00.000Z

Reasoning: This historical intercept shows a good silver grade over a significant width, typical for an epithermal deposit, with true width provided.

Positive factors

  • Good silver grade for epithermal deposit.
  • Significant intercept length.
  • True width disclosed.

Negative factors

  • Results are historical.

Evidence · table

“151”

Context: 14.20

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 12.6

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

HDD-007Holly · goldGrade: 1.84Grade Unit: g/tIntercept: 9 mView all details
Link to this fact

Identity

Hole ID
HDD-007
Project
Holly
Commodity
gold
Region
guatemala
Reported Region
guatemala
Ticker
VG

Geometry

Grade
1.84
Grade Unit
g/t
Intercept
9 m
True Width
8 m
From
88.5 m
To
97.5 m
Intercept Depth
88.5 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
HDD-007:88.5-97.5
Mining Method
underground

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-03-03T00:00:00.000Z

Reasoning: This historical intercept shows a moderate gold grade over a reasonable width, with true width provided.

Positive factors

  • Moderate gold grade.
  • True width disclosed.

Negative factors

  • Results are historical.

Evidence · table

“1.84”

Context: 9.00

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 8

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

HDD-007Holly · silverGrade: 45Grade Unit: g/tIntercept: 9 mView all details
Link to this fact

Identity

Hole ID
HDD-007
Project
Holly
Commodity
silver
Region
guatemala
Reported Region
guatemala
Ticker
VG

Geometry

Grade
45
Grade Unit
g/t
Intercept
9 m
True Width
8 m
From
88.5 m
To
97.5 m
Intercept Depth
88.5 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
HDD-007:88.5-97.5
Mining Method
underground

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-03-03T00:00:00.000Z

Reasoning: This historical intercept shows a moderate silver grade over a reasonable width, with true width provided.

Positive factors

  • Moderate silver grade.
  • True width disclosed.

Negative factors

  • Results are historical.

Evidence · table

“45”

Context: 9.00

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 8

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

HDD-21-001Holly · goldGrade: 24.1Grade Unit: g/tIntercept: 1.6 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
HDD-21-001
Project
Holly
Commodity
gold
Region
guatemala
Reported Region
guatemala
Ticker
VG

Geometry

Grade
24.1
Grade Unit
g/t
Intercept
1.6 m
True Width
1.1 m
From
46.1 m
To
47.7 m
Intercept Depth
46.1 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
HDD-21-001:46.1-47.7
Mining Method
underground

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2021-01-01T00:00:00.000Z

Dates

Event date
2025-03-03T00:00:00.000Z

Reasoning: This historical intercept shows an exceptional gold grade, though over a narrow width, with true width provided.

Positive factors

  • Exceptional gold grade for epithermal deposit.
  • True width disclosed.

Negative factors

  • Narrow intercept length.
  • Results are historical.

Evidence · table

“24.10”

Context: 1.60

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 1.1

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

HDD-21-001Holly · silverGrade: 568Grade Unit: g/tIntercept: 1.6 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
HDD-21-001
Project
Holly
Commodity
silver
Region
guatemala
Reported Region
guatemala
Ticker
VG

Geometry

Grade
568
Grade Unit
g/t
Intercept
1.6 m
True Width
1.1 m
From
46.1 m
To
47.7 m
Intercept Depth
46.1 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
HDD-21-001:46.1-47.7
Mining Method
underground

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2021-01-01T00:00:00.000Z

Dates

Event date
2025-03-03T00:00:00.000Z

Reasoning: This historical intercept shows an exceptional silver grade, though over a narrow width, with true width provided.

Positive factors

  • Exceptional silver grade for epithermal deposit.
  • True width disclosed.

Negative factors

  • Narrow intercept length.
  • Results are historical.

Evidence · table

“568”

Context: 1.60

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 1.1

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

HDD-21-001Holly · goldGrade: 4.9Grade Unit: g/tIntercept: 6.9 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
HDD-21-001
Project
Holly
Commodity
gold
Region
guatemala
Reported Region
guatemala
Ticker
VG

Geometry

Grade
4.9
Grade Unit
g/t
Intercept
6.9 m
True Width
4.5 m
From
53.7 m
To
60.6 m
Intercept Depth
53.7 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
HDD-21-001:53.7-60.6
Mining Method
underground

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2021-01-01T00:00:00.000Z

Dates

Event date
2025-03-03T00:00:00.000Z

Reasoning: This historical intercept shows a strong gold grade over a good width, with true width provided.

Positive factors

  • Strong gold grade for epithermal deposit.
  • True width disclosed.

Negative factors

  • Results are historical.

Evidence · table

“4.90”

Context: 6.90

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 4.5

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

HDD-21-001Holly · silverGrade: 85Grade Unit: g/tIntercept: 6.9 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
HDD-21-001
Project
Holly
Commodity
silver
Region
guatemala
Reported Region
guatemala
Ticker
VG

Geometry

Grade
85
Grade Unit
g/t
Intercept
6.9 m
True Width
4.5 m
From
53.7 m
To
60.6 m
Intercept Depth
53.7 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
HDD-21-001:53.7-60.6
Mining Method
underground

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2021-01-01T00:00:00.000Z

Dates

Event date
2025-03-03T00:00:00.000Z

Reasoning: This historical intercept shows a moderate silver grade over a good width, with true width provided.

Positive factors

  • Moderate silver grade.
  • True width disclosed.

Negative factors

  • Results are historical.

Evidence · table

“85”

Context: 6.90

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 4.5

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

HDD-21-002Holly · goldGrade: 6.29Grade Unit: g/tIntercept: 11.12 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
HDD-21-002
Project
Holly
Commodity
gold
Region
guatemala
Reported Region
guatemala
Ticker
VG

Geometry

Grade
6.29
Grade Unit
g/t
Intercept
11.12 m
True Width
10.8 m
From
95.15 m
To
106.27 m
Intercept Depth
95.15 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
HDD-21-002:95.15-106.27
Mining Method
underground

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2021-01-01T00:00:00.000Z

Dates

Event date
2025-03-03T00:00:00.000Z

Reasoning: This historical intercept shows an exceptional gold grade over a significant width, with true width provided.

Positive factors

  • Exceptional gold grade for epithermal deposit.
  • Significant intercept length.
  • True width disclosed.

Negative factors

  • Results are historical.

Evidence · table

“6.29”

Context: 11.12

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 10.8

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

HDD-21-002Holly · silverGrade: 282Grade Unit: g/tIntercept: 11.12 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
HDD-21-002
Project
Holly
Commodity
silver
Region
guatemala
Reported Region
guatemala
Ticker
VG

Geometry

Grade
282
Grade Unit
g/t
Intercept
11.12 m
True Width
10.8 m
From
95.15 m
To
106.27 m
Intercept Depth
95.15 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
HDD-21-002:95.15-106.27
Mining Method
underground

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2021-01-01T00:00:00.000Z

Dates

Event date
2025-03-03T00:00:00.000Z

Reasoning: This historical intercept shows a strong silver grade over a significant width, with true width provided.

Positive factors

  • Strong silver grade for epithermal deposit.
  • Significant intercept length.
  • True width disclosed.

Negative factors

  • Results are historical.

Evidence · table

“282”

Context: 11.12

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 10.8

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

HDD-21-003Holly · goldGrade: 5.45Grade Unit: g/tIntercept: 10.65 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
HDD-21-003
Project
Holly
Commodity
gold
Region
guatemala
Reported Region
guatemala
Ticker
VG

Geometry

Grade
5.45
Grade Unit
g/t
Intercept
10.65 m
True Width
9.8 m
From
101.85 m
To
112.5 m
Intercept Depth
101.85 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
HDD-21-003:101.85-112.5
Mining Method
underground

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2021-01-01T00:00:00.000Z

Dates

Event date
2025-03-03T00:00:00.000Z

Reasoning: This historical intercept shows an exceptional gold grade over a significant width, with true width provided. The grade was recalculated after overlimit re-assay.

Positive factors

  • Exceptional gold grade for epithermal deposit.
  • Significant intercept length.
  • True width disclosed.

Negative factors

  • Results are historical.

Evidence · table

“5.45 *”

Context: 10.65

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 9.8

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

HDD-21-003Holly · silverGrade: 268Grade Unit: g/tIntercept: 10.65 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
HDD-21-003
Project
Holly
Commodity
silver
Region
guatemala
Reported Region
guatemala
Ticker
VG

Geometry

Grade
268
Grade Unit
g/t
Intercept
10.65 m
True Width
9.8 m
From
101.85 m
To
112.5 m
Intercept Depth
101.85 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
HDD-21-003:101.85-112.5
Mining Method
underground

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2021-01-01T00:00:00.000Z

Dates

Event date
2025-03-03T00:00:00.000Z

Reasoning: This historical intercept shows a strong silver grade over a significant width, with true width provided.

Positive factors

  • Strong silver grade for epithermal deposit.
  • Significant intercept length.
  • True width disclosed.

Negative factors

  • Results are historical.

Evidence · table

“268”

Context: 10.65

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 9.8

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

HDD-21-019Holly · goldGrade: 11.72Grade Unit: g/tIntercept: 6.52 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
HDD-21-019
Project
Holly
Commodity
gold
Region
guatemala
Reported Region
guatemala
Ticker
VG

Geometry

Grade
11.72
Grade Unit
g/t
Intercept
6.52 m
True Width
5.1 m
From
171.9 m
To
178.42 m
Intercept Depth
171.9 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
HDD-21-019:171.9-178.42
Mining Method
underground

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2021-01-01T00:00:00.000Z

Dates

Event date
2025-03-03T00:00:00.000Z

Reasoning: This historical intercept shows an exceptional gold grade over a good width, with true width provided.

Positive factors

  • Exceptional gold grade for epithermal deposit.
  • True width disclosed.

Negative factors

  • Results are historical.

Evidence · table

“11.72”

Context: 6.52

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 5.1

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

HDD-21-019Holly · silverGrade: 340Grade Unit: g/tIntercept: 6.52 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
HDD-21-019
Project
Holly
Commodity
silver
Region
guatemala
Reported Region
guatemala
Ticker
VG

Geometry

Grade
340
Grade Unit
g/t
Intercept
6.52 m
True Width
5.1 m
From
171.9 m
To
178.42 m
Intercept Depth
171.9 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
HDD-21-019:171.9-178.42
Mining Method
underground

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2021-01-01T00:00:00.000Z

Dates

Event date
2025-03-03T00:00:00.000Z

Reasoning: This historical intercept shows an exceptional silver grade over a good width, with true width provided.

Positive factors

  • Exceptional silver grade for epithermal deposit.
  • True width disclosed.

Negative factors

  • Results are historical.

Evidence · table

“340”

Context: 6.52

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 5.1

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

HDD-21-004Holly · goldGrade: 3.1Grade Unit: g/tIntercept: 23.55 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
HDD-21-004
Project
Holly
Commodity
gold
Region
guatemala
Reported Region
guatemala
Ticker
VG

Geometry

Grade
3.1
Grade Unit
g/t
Intercept
23.55 m
True Width
17.7 m
From
119.8 m
To
143.35 m
Intercept Depth
119.8 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
HDD-21-004:119.8-143.35
Mining Method
underground

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2021-01-01T00:00:00.000Z

Dates

Event date
2025-03-03T00:00:00.000Z

Reasoning: This historical intercept shows a strong gold grade over a significant width, with true width provided.

Positive factors

  • Strong gold grade for epithermal deposit.
  • Significant intercept length.
  • True width disclosed.

Negative factors

  • Results are historical.

Evidence · table

“3.10”

Context: 23.55

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 17.7

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

HDD-21-004Holly · silverGrade: 694Grade Unit: g/tIntercept: 23.55 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
HDD-21-004
Project
Holly
Commodity
silver
Region
guatemala
Reported Region
guatemala
Ticker
VG

Geometry

Grade
694
Grade Unit
g/t
Intercept
23.55 m
True Width
17.7 m
From
119.8 m
To
143.35 m
Intercept Depth
119.8 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
HDD-21-004:119.8-143.35
Mining Method
underground

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2021-01-01T00:00:00.000Z

Dates

Event date
2025-03-03T00:00:00.000Z

Reasoning: This historical intercept shows an exceptional silver grade over a significant width, with true width provided.

Positive factors

  • Exceptional silver grade for epithermal deposit.
  • Significant intercept length.
  • True width disclosed.

Negative factors

  • Results are historical.

Evidence · table

“694”

Context: 23.55

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 17.7

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

HDD-21-004Holly · goldGrade: 9.79Grade Unit: g/tIntercept: 2.27 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
HDD-21-004
Project
Holly
Commodity
gold
Region
guatemala
Reported Region
guatemala
Ticker
VG

Geometry

Grade
9.79
Grade Unit
g/t
Intercept
2.27 m
True Width
1.7 m
From
131.4 m
To
133.67 m
Intercept Depth
131.4 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
HDD-21-004:131.4-133.67
Mining Method
underground

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2021-01-01T00:00:00.000Z

Dates

Event date
2025-03-03T00:00:00.000Z

Reasoning: This historical sub-interval shows an exceptional gold grade, though over a narrow width, with true width provided.

Positive factors

  • Exceptional gold grade for epithermal deposit.
  • True width disclosed.

Negative factors

  • Narrow intercept length.
  • Results are historical.

Evidence · table

“9.79”

Context: 2.270

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 1.7

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

HDD-21-004Holly · silverGrade: 2035Grade Unit: g/tIntercept: 2.27 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
HDD-21-004
Project
Holly
Commodity
silver
Region
guatemala
Reported Region
guatemala
Ticker
VG

Geometry

Grade
2035
Grade Unit
g/t
Intercept
2.27 m
True Width
1.7 m
From
131.4 m
To
133.67 m
Intercept Depth
131.4 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
HDD-21-004:131.4-133.67
Mining Method
underground

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2021-01-01T00:00:00.000Z

Dates

Event date
2025-03-03T00:00:00.000Z

Reasoning: This historical sub-interval shows an exceptional silver grade, though over a narrow width, with true width provided.

Positive factors

  • Exceptional silver grade for epithermal deposit.
  • True width disclosed.

Negative factors

  • Narrow intercept length.
  • Results are historical.

Evidence · table

“2035”

Context: 2.270

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 1.7

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

HDD-21-004Holly · goldGrade: 5.6Grade Unit: g/tIntercept: 1.85 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
HDD-21-004
Project
Holly
Commodity
gold
Region
guatemala
Reported Region
guatemala
Ticker
VG

Geometry

Grade
5.6
Grade Unit
g/t
Intercept
1.85 m
True Width
1.4 m
From
136 m
To
137.85 m
Intercept Depth
136 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
HDD-21-004:136-137.85
Mining Method
underground

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2021-01-01T00:00:00.000Z

Dates

Event date
2025-03-03T00:00:00.000Z

Reasoning: This historical sub-interval shows an exceptional gold grade, though over a narrow width, with true width provided.

Positive factors

  • Exceptional gold grade for epithermal deposit.
  • True width disclosed.

Negative factors

  • Narrow intercept length.
  • Results are historical.

Evidence · table

“5.60”

Context: 1.850

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 1.4

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

HDD-21-004Holly · silverGrade: 2801Grade Unit: g/tIntercept: 1.85 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
HDD-21-004
Project
Holly
Commodity
silver
Region
guatemala
Reported Region
guatemala
Ticker
VG

Geometry

Grade
2801
Grade Unit
g/t
Intercept
1.85 m
True Width
1.4 m
From
136 m
To
137.85 m
Intercept Depth
136 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
HDD-21-004:136-137.85
Mining Method
underground

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2021-01-01T00:00:00.000Z

Dates

Event date
2025-03-03T00:00:00.000Z

Reasoning: This historical sub-interval shows an exceptional silver grade, though over a narrow width, with true width provided.

Positive factors

  • Exceptional silver grade for epithermal deposit.
  • True width disclosed.

Negative factors

  • Narrow intercept length.
  • Results are historical.

Evidence · table

“2801”

Context: 1.850

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 1.4

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

HDD-21-014Holly · goldGrade: 2.02Grade Unit: g/tIntercept: 7.58 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
HDD-21-014
Project
Holly
Commodity
gold
Region
guatemala
Reported Region
guatemala
Ticker
VG

Geometry

Grade
2.02
Grade Unit
g/t
Intercept
7.58 m
True Width
6.4 m
From
52.22 m
To
59.8 m
Intercept Depth
52.22 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
HDD-21-014:52.22-59.8
Mining Method
underground

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2021-01-01T00:00:00.000Z

Dates

Event date
2025-03-03T00:00:00.000Z

Reasoning: This historical intercept shows a strong gold grade over a good width, with true width provided.

Positive factors

  • Strong gold grade for epithermal deposit.
  • True width disclosed.

Negative factors

  • Results are historical.

Evidence · table

“2.02”

Context: 7.58

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 6.4

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

HDD-21-014Holly · silverGrade: 66Grade Unit: g/tIntercept: 7.58 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
HDD-21-014
Project
Holly
Commodity
silver
Region
guatemala
Reported Region
guatemala
Ticker
VG

Geometry

Grade
66
Grade Unit
g/t
Intercept
7.58 m
True Width
6.4 m
From
52.22 m
To
59.8 m
Intercept Depth
52.22 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
HDD-21-014:52.22-59.8
Mining Method
underground

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2021-01-01T00:00:00.000Z

Dates

Event date
2025-03-03T00:00:00.000Z

Reasoning: This historical intercept shows a moderate silver grade over a good width, with true width provided.

Positive factors

  • Moderate silver grade.
  • True width disclosed.

Negative factors

  • Results are historical.

Evidence · table

“66”

Context: 7.58

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 6.4

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

HDD-21-015Holly · goldGrade: 7.67Grade Unit: g/tIntercept: 15.55 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
HDD-21-015
Project
Holly
Commodity
gold
Region
guatemala
Reported Region
guatemala
Ticker
VG

Geometry

Grade
7.67
Grade Unit
g/t
Intercept
15.55 m
True Width
10.3 m
From
108.65 m
To
124.2 m
Intercept Depth
108.65 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
HDD-21-015:108.65-124.2
Mining Method
underground

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2021-01-01T00:00:00.000Z

Dates

Event date
2025-03-03T00:00:00.000Z

Reasoning: This historical intercept shows an exceptional gold grade over a significant width, with true width provided.

Positive factors

  • Exceptional gold grade for epithermal deposit.
  • Significant intercept length.
  • True width disclosed.

Negative factors

  • Results are historical.

Evidence · table

“7.67”

Context: 15.55

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 10.3

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

HDD-21-015Holly · silverGrade: 615Grade Unit: g/tIntercept: 15.55 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
HDD-21-015
Project
Holly
Commodity
silver
Region
guatemala
Reported Region
guatemala
Ticker
VG

Geometry

Grade
615
Grade Unit
g/t
Intercept
15.55 m
True Width
10.3 m
From
108.65 m
To
124.2 m
Intercept Depth
108.65 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
HDD-21-015:108.65-124.2
Mining Method
underground

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2021-01-01T00:00:00.000Z

Dates

Event date
2025-03-03T00:00:00.000Z

Reasoning: This historical intercept shows an exceptional silver grade over a significant width, with true width provided.

Positive factors

  • Exceptional silver grade for epithermal deposit.
  • Significant intercept length.
  • True width disclosed.

Negative factors

  • Results are historical.

Evidence · table

“615”

Context: 15.55

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 10.3

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

HDD-21-018Holly · goldGrade: 1.81Grade Unit: g/tIntercept: 1.53 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
HDD-21-018
Project
Holly
Commodity
gold
Region
guatemala
Reported Region
guatemala
Ticker
VG

Geometry

Grade
1.81
Grade Unit
g/t
Intercept
1.53 m
True Width
0.4 m
From
71.67 m
To
73.2 m
Intercept Depth
71.67 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
HDD-21-018:71.67-73.2
Mining Method
underground

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2021-01-01T00:00:00.000Z

Dates

Event date
2025-03-03T00:00:00.000Z

Reasoning: This historical intercept shows a moderate gold grade over a very narrow width, with true width provided.

Positive factors

  • Moderate gold grade.
  • True width disclosed.

Negative factors

  • Narrow intercept length.
  • Results are historical.

Evidence · table

“1.81”

Context: 1.53

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.4

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

HDD-21-018Holly · silverGrade: 57Grade Unit: g/tIntercept: 1.53 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
HDD-21-018
Project
Holly
Commodity
silver
Region
guatemala
Reported Region
guatemala
Ticker
VG

Geometry

Grade
57
Grade Unit
g/t
Intercept
1.53 m
True Width
0.4 m
From
71.67 m
To
73.2 m
Intercept Depth
71.67 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
HDD-21-018:71.67-73.2
Mining Method
underground

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2021-01-01T00:00:00.000Z

Dates

Event date
2025-03-03T00:00:00.000Z

Reasoning: This historical intercept shows a moderate silver grade over a very narrow width, with true width provided.

Positive factors

  • Moderate silver grade.
  • True width disclosed.

Negative factors

  • Narrow intercept length.
  • Results are historical.

Evidence · table

“57”

Context: 1.53

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.4

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

HDD-21-022Holly · goldGrade: 11.2Grade Unit: g/tIntercept: 1.53 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
HDD-21-022
Project
Holly
Commodity
gold
Region
guatemala
Reported Region
guatemala
Ticker
VG

Geometry

Grade
11.2
Grade Unit
g/t
Intercept
1.53 m
True Width
0.7 m
From
199.77 m
To
201.3 m
Intercept Depth
199.77 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
HDD-21-022:199.77-201.3
Mining Method
underground

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2021-01-01T00:00:00.000Z

Dates

Event date
2025-03-03T00:00:00.000Z

Reasoning: This historical intercept shows an exceptional gold grade, though over a narrow width, with true width provided.

Positive factors

  • Exceptional gold grade for epithermal deposit.
  • True width disclosed.

Negative factors

  • Narrow intercept length.
  • Results are historical.

Evidence · table

“11.20”

Context: 1.53

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.7

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

HDD-21-022Holly · silverGrade: 522Grade Unit: g/tIntercept: 1.53 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
HDD-21-022
Project
Holly
Commodity
silver
Region
guatemala
Reported Region
guatemala
Ticker
VG

Geometry

Grade
522
Grade Unit
g/t
Intercept
1.53 m
True Width
0.7 m
From
199.77 m
To
201.3 m
Intercept Depth
199.77 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
HDD-21-022:199.77-201.3
Mining Method
underground

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2021-01-01T00:00:00.000Z

Dates

Event date
2025-03-03T00:00:00.000Z

Reasoning: This historical intercept shows an exceptional silver grade, though over a narrow width, with true width provided.

Positive factors

  • Exceptional silver grade for epithermal deposit.
  • True width disclosed.

Negative factors

  • Narrow intercept length.
  • Results are historical.

Evidence · table

“522”

Context: 1.53

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.7

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

HDD-21-027Holly · goldGrade: 54.24Grade Unit: g/tIntercept: 4.57 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
HDD-21-027
Project
Holly
Commodity
gold
Region
guatemala
Reported Region
guatemala
Ticker
VG

Geometry

Grade
54.24
Grade Unit
g/t
Intercept
4.57 m
True Width
3 m
From
210.45 m
To
215.02 m
Intercept Depth
210.45 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
HDD-21-027:210.45-215.02
Mining Method
underground

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2021-01-01T00:00:00.000Z

Dates

Event date
2025-03-03T00:00:00.000Z

Reasoning: This historical intercept shows a bonanza gold grade over a good width, with true width provided.

Positive factors

  • Bonanza gold grade for epithermal deposit.
  • True width disclosed.

Negative factors

  • Results are historical.

Evidence · table

“54.24”

Context: 4.57

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 3

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

HDD-21-027Holly · silverGrade: 3925Grade Unit: g/tIntercept: 4.57 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
HDD-21-027
Project
Holly
Commodity
silver
Region
guatemala
Reported Region
guatemala
Ticker
VG

Geometry

Grade
3925
Grade Unit
g/t
Intercept
4.57 m
True Width
3 m
From
210.45 m
To
215.02 m
Intercept Depth
210.45 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
HDD-21-027:210.45-215.02
Mining Method
underground

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2021-01-01T00:00:00.000Z

Dates

Event date
2025-03-03T00:00:00.000Z

Reasoning: This historical intercept shows a bonanza silver grade over a good width, with true width provided.

Positive factors

  • Bonanza silver grade for epithermal deposit.
  • True width disclosed.

Negative factors

  • Results are historical.

Evidence · table

“3925”

Context: 4.57

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 3

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

HDD-21-017Holly · goldGrade: 8.81Grade Unit: g/tIntercept: 8.83 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
HDD-21-017
Project
Holly
Commodity
gold
Region
guatemala
Reported Region
guatemala
Ticker
VG

Geometry

Grade
8.81
Grade Unit
g/t
Intercept
8.83 m
True Width
5.9 m
From
134.25 m
To
143.08 m
Intercept Depth
134.25 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
HDD-21-017:134.25-143.08
Mining Method
underground

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2021-01-01T00:00:00.000Z

Dates

Event date
2025-03-03T00:00:00.000Z

Reasoning: This historical intercept shows an exceptional gold grade over a significant width, with true width provided.

Positive factors

  • Exceptional gold grade for epithermal deposit.
  • Significant intercept length.
  • True width disclosed.

Negative factors

  • Results are historical.

Evidence · table

“8.81”

Context: 8.83

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 5.9

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

HDD-21-017Holly · silverGrade: 355Grade Unit: g/tIntercept: 8.83 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
HDD-21-017
Project
Holly
Commodity
silver
Region
guatemala
Reported Region
guatemala
Ticker
VG

Geometry

Grade
355
Grade Unit
g/t
Intercept
8.83 m
True Width
5.9 m
From
134.25 m
To
143.08 m
Intercept Depth
134.25 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
HDD-21-017:134.25-143.08
Mining Method
underground

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2021-01-01T00:00:00.000Z

Dates

Event date
2025-03-03T00:00:00.000Z

Reasoning: This historical intercept shows an exceptional silver grade over a significant width, with true width provided.

Positive factors

  • Exceptional silver grade for epithermal deposit.
  • Significant intercept length.
  • True width disclosed.

Negative factors

  • Results are historical.

Evidence · table

“355”

Context: 8.83

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 5.9

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

HDD-21-020Holly · goldGrade: 4.38Grade Unit: g/tIntercept: 5.4 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
HDD-21-020
Project
Holly
Commodity
gold
Region
guatemala
Reported Region
guatemala
Ticker
VG

Geometry

Grade
4.38
Grade Unit
g/t
Intercept
5.4 m
True Width
4 m
From
61.7 m
To
67.1 m
Intercept Depth
61.7 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
HDD-21-020:61.7-67.1
Mining Method
underground

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2021-01-01T00:00:00.000Z

Dates

Event date
2025-03-03T00:00:00.000Z

Reasoning: This historical intercept shows a strong gold grade over a good width, with true width provided.

Positive factors

  • Strong gold grade for epithermal deposit.
  • True width disclosed.

Negative factors

  • Results are historical.

Evidence · table

“4.38”

Context: 5.40

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 4

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

HDD-21-020Holly · silverGrade: 350Grade Unit: g/tIntercept: 5.4 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
HDD-21-020
Project
Holly
Commodity
silver
Region
guatemala
Reported Region
guatemala
Ticker
VG

Geometry

Grade
350
Grade Unit
g/t
Intercept
5.4 m
True Width
4 m
From
61.7 m
To
67.1 m
Intercept Depth
61.7 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
HDD-21-020:61.7-67.1
Mining Method
underground

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2021-01-01T00:00:00.000Z

Dates

Event date
2025-03-03T00:00:00.000Z

Reasoning: This historical intercept shows an exceptional silver grade over a good width, with true width provided.

Positive factors

  • Exceptional silver grade for epithermal deposit.
  • True width disclosed.

Negative factors

  • Results are historical.

Evidence · table

“350”

Context: 5.40

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 4

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

HDD-21-023Holly · goldGrade: 79.84Grade Unit: g/tIntercept: 4.58 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
HDD-21-023
Project
Holly
Commodity
gold
Region
guatemala
Reported Region
guatemala
Ticker
VG

Geometry

Grade
79.84
Grade Unit
g/t
Intercept
4.58 m
True Width
3 m
From
202.82 m
To
207.4 m
Intercept Depth
202.82 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
HDD-21-023:202.82-207.4
Mining Method
underground

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2021-01-01T00:00:00.000Z

Dates

Event date
2025-03-03T00:00:00.000Z

Reasoning: This historical intercept shows a bonanza gold grade over a good width, with true width provided. It is noted as the highest-grade drill intercept to date.

Positive factors

  • Bonanza gold grade for epithermal deposit.
  • True width disclosed.

Negative factors

  • Results are historical.

Evidence · table

“79.84”

Context: 4.58

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 3

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

HDD-21-023Holly · silverGrade: 5053Grade Unit: g/tIntercept: 4.58 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
HDD-21-023
Project
Holly
Commodity
silver
Region
guatemala
Reported Region
guatemala
Ticker
VG

Geometry

Grade
5053
Grade Unit
g/t
Intercept
4.58 m
True Width
3 m
From
202.82 m
To
207.4 m
Intercept Depth
202.82 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
HDD-21-023:202.82-207.4
Mining Method
underground

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2021-01-01T00:00:00.000Z

Dates

Event date
2025-03-03T00:00:00.000Z

Reasoning: This historical intercept shows a bonanza silver grade over a good width, with true width provided. It is noted as the highest-grade drill intercept to date.

Positive factors

  • Bonanza silver grade for epithermal deposit.
  • True width disclosed.

Negative factors

  • Results are historical.

Evidence · table

“5053”

Context: 4.58

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 3

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

HDD-21-030Holly · goldGrade: 2.07Grade Unit: g/tIntercept: 10.68 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
HDD-21-030
Project
Holly
Commodity
gold
Region
guatemala
Reported Region
guatemala
Ticker
VG

Geometry

Grade
2.07
Grade Unit
g/t
Intercept
10.68 m
True Width
8.7 m
From
160.12 m
To
170.8 m
Intercept Depth
160.12 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
HDD-21-030:160.12-170.8
Mining Method
underground

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2021-01-01T00:00:00.000Z

Dates

Event date
2025-03-03T00:00:00.000Z

Reasoning: This historical intercept shows a strong gold grade over a significant width, with true width provided.

Positive factors

  • Strong gold grade for epithermal deposit.
  • Significant intercept length.
  • True width disclosed.

Negative factors

  • Results are historical.

Evidence · table

“2.07”

Context: 10.68

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 8.7

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

HDD-21-030Holly · silverGrade: 389Grade Unit: g/tIntercept: 10.68 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
HDD-21-030
Project
Holly
Commodity
silver
Region
guatemala
Reported Region
guatemala
Ticker
VG

Geometry

Grade
389
Grade Unit
g/t
Intercept
10.68 m
True Width
8.7 m
From
160.12 m
To
170.8 m
Intercept Depth
160.12 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
HDD-21-030:160.12-170.8
Mining Method
underground

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2021-01-01T00:00:00.000Z

Dates

Event date
2025-03-03T00:00:00.000Z

Reasoning: This historical intercept shows an exceptional silver grade over a significant width, with true width provided.

Positive factors

  • Exceptional silver grade for epithermal deposit.
  • Significant intercept length.
  • True width disclosed.

Negative factors

  • Results are historical.

Evidence · table

“389”

Context: 10.68

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 8.7

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

HDD-005Holly · goldGrade: 22.03Grade Unit: g/tIntercept: 3.6 mView all details
Link to this fact

Identity

Hole ID
HDD-005
Project
Holly
Commodity
gold
Region
guatemala
Reported Region
guatemala
Ticker
VG

Geometry

Grade
22.03
Grade Unit
g/t
Intercept
3.6 m
True Width
2.2 m
From
19.1 m
To
22.7 m
Intercept Depth
19.1 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
HDD-005:19.1-22.7
Mining Method
underground

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-03-03T00:00:00.000Z

Reasoning: This historical intercept shows an exceptional gold grade over a good width, with true width provided.

Positive factors

  • Exceptional gold grade for epithermal deposit.
  • True width disclosed.

Negative factors

  • Results are historical.

Evidence · table

“22.03”

Context: 3.60

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 2.2

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

HDD-005Holly · silverGrade: 697Grade Unit: g/tIntercept: 3.6 mView all details
Link to this fact

Identity

Hole ID
HDD-005
Project
Holly
Commodity
silver
Region
guatemala
Reported Region
guatemala
Ticker
VG

Geometry

Grade
697
Grade Unit
g/t
Intercept
3.6 m
True Width
2.2 m
From
19.1 m
To
22.7 m
Intercept Depth
19.1 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
HDD-005:19.1-22.7
Mining Method
underground

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-03-03T00:00:00.000Z

Reasoning: This historical intercept shows an exceptional silver grade over a good width, with true width provided.

Positive factors

  • Exceptional silver grade for epithermal deposit.
  • True width disclosed.

Negative factors

  • Results are historical.

Evidence · table

“697”

Context: 3.60

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 2.2

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

HDD-21-006Holly · goldGrade: 4Grade Unit: g/tIntercept: 4.23 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
HDD-21-006
Project
Holly
Commodity
gold
Region
guatemala
Reported Region
guatemala
Ticker
VG

Geometry

Grade
4
Grade Unit
g/t
Intercept
4.23 m
True Width
3.4 m
From
35.07 m
To
39.3 m
Intercept Depth
35.07 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
HDD-21-006:35.07-39.3
Mining Method
underground

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2021-01-01T00:00:00.000Z

Dates

Event date
2025-03-03T00:00:00.000Z

Reasoning: This historical intercept shows a strong gold grade over a good width, with true width provided.

Positive factors

  • Strong gold grade for epithermal deposit.
  • True width disclosed.

Negative factors

  • Results are historical.

Evidence · table

“4.00”

Context: 4.23

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 3.4

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

HDD-21-006Holly · silverGrade: 136Grade Unit: g/tIntercept: 4.23 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
HDD-21-006
Project
Holly
Commodity
silver
Region
guatemala
Reported Region
guatemala
Ticker
VG

Geometry

Grade
136
Grade Unit
g/t
Intercept
4.23 m
True Width
3.4 m
From
35.07 m
To
39.3 m
Intercept Depth
35.07 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
HDD-21-006:35.07-39.3
Mining Method
underground

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2021-01-01T00:00:00.000Z

Dates

Event date
2025-03-03T00:00:00.000Z

Reasoning: This historical intercept shows a moderate silver grade over a good width, with true width provided.

Positive factors

  • Moderate silver grade.
  • True width disclosed.

Negative factors

  • Results are historical.

Evidence · table

“136”

Context: 4.23

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 3.4

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

HDD-21-007Holly · goldGrade: 2.93Grade Unit: g/tIntercept: 3.17 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
HDD-21-007
Project
Holly
Commodity
gold
Region
guatemala
Reported Region
guatemala
Ticker
VG

Geometry

Grade
2.93
Grade Unit
g/t
Intercept
3.17 m
True Width
1.4 m
From
42.05 m
To
45.22 m
Intercept Depth
42.05 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
HDD-21-007:42.05-45.22
Mining Method
underground

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2021-01-01T00:00:00.000Z

Dates

Event date
2025-03-03T00:00:00.000Z

Reasoning: This historical intercept shows a strong gold grade over a good width, with true width provided.

Positive factors

  • Strong gold grade for epithermal deposit.
  • True width disclosed.

Negative factors

  • Results are historical.

Evidence · table

“2.93”

Context: 3.17

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 1.4

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

HDD-21-007Holly · silverGrade: 284Grade Unit: g/tIntercept: 3.17 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
HDD-21-007
Project
Holly
Commodity
silver
Region
guatemala
Reported Region
guatemala
Ticker
VG

Geometry

Grade
284
Grade Unit
g/t
Intercept
3.17 m
True Width
1.4 m
From
42.05 m
To
45.22 m
Intercept Depth
42.05 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
HDD-21-007:42.05-45.22
Mining Method
underground

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2021-01-01T00:00:00.000Z

Dates

Event date
2025-03-03T00:00:00.000Z

Reasoning: This historical intercept shows a strong silver grade over a good width, with true width provided.

Positive factors

  • Strong silver grade for epithermal deposit.
  • True width disclosed.

Negative factors

  • Results are historical.

Evidence · table

“284”

Context: 3.17

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 1.4

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Resource Estimates (2)

inferredHolly Project · goldTonnes: 1320000Grade: 6.46Grade Unit: g/tContained Metal: 270000Contained Unit: ozView all details
Link to this fact

Identity

Project
Holly Project
Commodity
gold
Region
guatemala
Reported Region
Guatemala
Ticker
VG

Resource scope

Estimate type
resource
Effective date
2022-06-07T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Simon Ridgway, Luc English
Resource group id
resource:f6ca595acfff7eb8b071

Resource Data

Category
inferred
Tonnes
1320000
Grade
6.46
Grade Unit
g/t
Contained Metal
270000
Contained Unit
oz
Cutoff Grade
3
Cutoff Unit
g/t

Prior Estimate

Resource Date
2022-06-07

Metal Equivalent

Metal Eq. Grade
9.6
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2025-03-03T00:00:00.000Z

Reasoning: This is an inferred resource estimate with a high gold grade, compliant with NI 43-101 and QP signed, but its inferred nature and staleness reduce confidence and materiality.

Positive factors

  • High gold grade.
  • NI 43-101 compliant.
  • QP signed off.
  • Metal equivalent assumptions disclosed.

Negative factors

  • Resource is entirely Inferred.
  • Estimate is stale (effective date >2 years old).

Evidence · text

“inferred resource of 1.32 million tonnes at 6.46 g/t Au and 256 g/t Ag (1) .”

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 Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.7 years before this release

inferredHolly Project · silverTonnes: 1320000Grade: 256Grade Unit: g/tContained Metal: 11Contained Unit: mozView all details
Link to this fact

Identity

Project
Holly Project
Commodity
silver
Region
guatemala
Reported Region
Guatemala
Ticker
VG

Resource scope

Estimate type
resource
Effective date
2022-06-07T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Simon Ridgway, Luc English
Resource group id
resource:f6ca595acfff7eb8b071

Resource Data

Category
inferred
Tonnes
1320000
Grade
256
Grade Unit
g/t
Contained Metal
11
Contained Unit
moz
Cutoff Grade
3
Cutoff Unit
g/t

Prior Estimate

Resource Date
2022-06-07

Metal Equivalent

Metal Eq. Grade
9.6
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2025-03-03T00:00:00.000Z

Reasoning: This is an inferred resource estimate with a high silver grade, compliant with NI 43-101 and QP signed, but its inferred nature and staleness reduce confidence and materiality.

Positive factors

  • High silver grade.
  • NI 43-101 compliant.
  • QP signed off.
  • Metal equivalent assumptions disclosed.

Negative factors

  • Resource is entirely Inferred.
  • Estimate is stale (effective date >2 years old).

Evidence · text

“inferred resource of 1.32 million tonnes at 6.46 g/t Au and 256 g/t Ag (1) .”

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 Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.7 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.