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

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/volcanic-gold-prepares-to-restart-exploration-at-holly-property-with-a-focus-on--1867cb10-f499-48ff-85bc-128575d5b298

Original source: https://money.tmx.com/en/quote/VG/news/6789214556102384/volcanic-gold-prepares-to-restart-exploration-at-holly-property-with-a-focus-on-

Publisher: tmx

Original announcement: 2025-03-03T12:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- 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

Narrative sentiment: 0.70 · Bullish

## Minestarters Atlas 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 factor: High-grade gold and silver intercepts reported, including bonanza grades.

- Positive factor: True width estimates provided for all intercepts.

- Positive factor: Drilling aims to expand existing resource and bring new veins into the resource envelope.

- Positive factor: Qualified Person sign-off and NI 43-101 compliance for technical information.

- Negative factor: Drill results are from a previous campaign \(2021-22\), not new assays.

- Negative factor: The resource estimate is inferred, indicating lower confidence.

- Negative factor: 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 Intercept**

Polarity: positive

Definition: 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 Disclosed**

Polarity: positive

Definition: 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 Disclosed**

Polarity: positive

Definition: 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 Resource**

Polarity: negative

Definition: 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 Update**

Polarity: neutral

Definition: 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 Extension**

Polarity: positive

Definition: 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 Drilling**

Polarity: neutral

Definition: 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-release**

Polarity: negative

Definition: 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 Disclosed**

Polarity: positive

Definition: 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-001

[Link to this fact](https://atlas-extractions.minestarters.com/news/volcanic-gold-prepares-to-restart-exploration-at-holly-property-with-a-focus-on--1867cb10-f499-48ff-85bc-128575d5b298#fact-drill-facts-2)

Holly · gold

#### 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 factor: Good gold grade for epithermal deposit.

- Positive factor: Significant intercept length.

- Positive factor: True width disclosed.

- Negative factor: Results are historical.

Evidence · table

> 4.14

Context: 14.20

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

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

Why it applies: true\_width\_m is 12.6

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### HDD-001

[Link to this fact](https://atlas-extractions.minestarters.com/news/volcanic-gold-prepares-to-restart-exploration-at-holly-property-with-a-focus-on--1867cb10-f499-48ff-85bc-128575d5b298#fact-drill-facts-3)

Holly · silver

#### 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 factor: Good silver grade for epithermal deposit.

- Positive factor: Significant intercept length.

- Positive factor: True width disclosed.

- Negative factor: Results are historical.

Evidence · table

> 151

Context: 14.20

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

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

Why it applies: true\_width\_m is 12.6

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### HDD-007

[Link to this fact](https://atlas-extractions.minestarters.com/news/volcanic-gold-prepares-to-restart-exploration-at-holly-property-with-a-focus-on--1867cb10-f499-48ff-85bc-128575d5b298#fact-drill-facts-4)

Holly · gold

#### 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 factor: Moderate gold grade.

- Positive factor: True width disclosed.

- Negative factor: Results are historical.

Evidence · table

> 1.84

Context: 9.00

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

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

Why it applies: true\_width\_m is 8

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### HDD-007

[Link to this fact](https://atlas-extractions.minestarters.com/news/volcanic-gold-prepares-to-restart-exploration-at-holly-property-with-a-focus-on--1867cb10-f499-48ff-85bc-128575d5b298#fact-drill-facts-5)

Holly · silver

#### 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 factor: Moderate silver grade.

- Positive factor: True width disclosed.

- Negative factor: Results are historical.

Evidence · table

> 45

Context: 9.00

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

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

Why it applies: true\_width\_m is 8

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### HDD-21-001

[Link to this fact](https://atlas-extractions.minestarters.com/news/volcanic-gold-prepares-to-restart-exploration-at-holly-property-with-a-focus-on--1867cb10-f499-48ff-85bc-128575d5b298#fact-drill-facts-6)

Holly · gold

Historical result

Needs review: historical\_restatement

#### 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 factor: Exceptional gold grade for epithermal deposit.

- Positive factor: True width disclosed.

- Negative factor: Narrow intercept length.

- Negative factor: Results are historical.

Evidence · table

> 24.10

Context: 1.60

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

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

Why it applies: true\_width\_m is 1.1

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### HDD-21-001

[Link to this fact](https://atlas-extractions.minestarters.com/news/volcanic-gold-prepares-to-restart-exploration-at-holly-property-with-a-focus-on--1867cb10-f499-48ff-85bc-128575d5b298#fact-drill-facts-7)

Holly · silver

Historical result

Needs review: historical\_restatement

#### 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 factor: Exceptional silver grade for epithermal deposit.

- Positive factor: True width disclosed.

- Negative factor: Narrow intercept length.

- Negative factor: Results are historical.

Evidence · table

> 568

Context: 1.60

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

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

Why it applies: true\_width\_m is 1.1

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### HDD-21-001

[Link to this fact](https://atlas-extractions.minestarters.com/news/volcanic-gold-prepares-to-restart-exploration-at-holly-property-with-a-focus-on--1867cb10-f499-48ff-85bc-128575d5b298#fact-drill-facts-8)

Holly · gold

Historical result

Needs review: historical\_restatement

#### 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 factor: Strong gold grade for epithermal deposit.

- Positive factor: True width disclosed.

- Negative factor: Results are historical.

Evidence · table

> 4.90

Context: 6.90

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

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

Why it applies: true\_width\_m is 4.5

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### HDD-21-001

[Link to this fact](https://atlas-extractions.minestarters.com/news/volcanic-gold-prepares-to-restart-exploration-at-holly-property-with-a-focus-on--1867cb10-f499-48ff-85bc-128575d5b298#fact-drill-facts-9)

Holly · silver

Historical result

Needs review: historical\_restatement

#### 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 factor: Moderate silver grade.

- Positive factor: True width disclosed.

- Negative factor: Results are historical.

Evidence · table

> 85

Context: 6.90

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

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

Why it applies: true\_width\_m is 4.5

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### HDD-21-002

[Link to this fact](https://atlas-extractions.minestarters.com/news/volcanic-gold-prepares-to-restart-exploration-at-holly-property-with-a-focus-on--1867cb10-f499-48ff-85bc-128575d5b298#fact-drill-facts-10)

Holly · gold

Historical result

Needs review: historical\_restatement

#### 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 factor: Exceptional gold grade for epithermal deposit.

- Positive factor: Significant intercept length.

- Positive factor: True width disclosed.

- Negative factor: Results are historical.

Evidence · table

> 6.29

Context: 11.12

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

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

Why it applies: true\_width\_m is 10.8

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### HDD-21-002

[Link to this fact](https://atlas-extractions.minestarters.com/news/volcanic-gold-prepares-to-restart-exploration-at-holly-property-with-a-focus-on--1867cb10-f499-48ff-85bc-128575d5b298#fact-drill-facts-11)

Holly · silver

Historical result

Needs review: historical\_restatement

#### 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 factor: Strong silver grade for epithermal deposit.

- Positive factor: Significant intercept length.

- Positive factor: True width disclosed.

- Negative factor: Results are historical.

Evidence · table

> 282

Context: 11.12

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

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

Why it applies: true\_width\_m is 10.8

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### HDD-21-003

[Link to this fact](https://atlas-extractions.minestarters.com/news/volcanic-gold-prepares-to-restart-exploration-at-holly-property-with-a-focus-on--1867cb10-f499-48ff-85bc-128575d5b298#fact-drill-facts-12)

Holly · gold

Historical result

Needs review: historical\_restatement

#### 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 factor: Exceptional gold grade for epithermal deposit.

- Positive factor: Significant intercept length.

- Positive factor: True width disclosed.

- Negative factor: Results are historical.

Evidence · table

> 5.45 \*

Context: 10.65

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

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

Why it applies: true\_width\_m is 9.8

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### HDD-21-003

[Link to this fact](https://atlas-extractions.minestarters.com/news/volcanic-gold-prepares-to-restart-exploration-at-holly-property-with-a-focus-on--1867cb10-f499-48ff-85bc-128575d5b298#fact-drill-facts-13)

Holly · silver

Historical result

Needs review: historical\_restatement

#### 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 factor: Strong silver grade for epithermal deposit.

- Positive factor: Significant intercept length.

- Positive factor: True width disclosed.

- Negative factor: Results are historical.

Evidence · table

> 268

Context: 10.65

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

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

Why it applies: true\_width\_m is 9.8

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### HDD-21-019

[Link to this fact](https://atlas-extractions.minestarters.com/news/volcanic-gold-prepares-to-restart-exploration-at-holly-property-with-a-focus-on--1867cb10-f499-48ff-85bc-128575d5b298#fact-drill-facts-14)

Holly · gold

Historical result

Needs review: historical\_restatement

#### 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 factor: Exceptional gold grade for epithermal deposit.

- Positive factor: True width disclosed.

- Negative factor: Results are historical.

Evidence · table

> 11.72

Context: 6.52

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

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

Why it applies: true\_width\_m is 5.1

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### HDD-21-019

[Link to this fact](https://atlas-extractions.minestarters.com/news/volcanic-gold-prepares-to-restart-exploration-at-holly-property-with-a-focus-on--1867cb10-f499-48ff-85bc-128575d5b298#fact-drill-facts-15)

Holly · silver

Historical result

Needs review: historical\_restatement

#### 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 factor: Exceptional silver grade for epithermal deposit.

- Positive factor: True width disclosed.

- Negative factor: Results are historical.

Evidence · table

> 340

Context: 6.52

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

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

Why it applies: true\_width\_m is 5.1

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### HDD-21-004

[Link to this fact](https://atlas-extractions.minestarters.com/news/volcanic-gold-prepares-to-restart-exploration-at-holly-property-with-a-focus-on--1867cb10-f499-48ff-85bc-128575d5b298#fact-drill-facts-16)

Holly · gold

Historical result

Needs review: historical\_restatement

#### 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 factor: Strong gold grade for epithermal deposit.

- Positive factor: Significant intercept length.

- Positive factor: True width disclosed.

- Negative factor: Results are historical.

Evidence · table

> 3.10

Context: 23.55

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

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

Why it applies: true\_width\_m is 17.7

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### HDD-21-004

[Link to this fact](https://atlas-extractions.minestarters.com/news/volcanic-gold-prepares-to-restart-exploration-at-holly-property-with-a-focus-on--1867cb10-f499-48ff-85bc-128575d5b298#fact-drill-facts-17)

Holly · silver

Historical result

Needs review: historical\_restatement

#### 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 factor: Exceptional silver grade for epithermal deposit.

- Positive factor: Significant intercept length.

- Positive factor: True width disclosed.

- Negative factor: Results are historical.

Evidence · table

> 694

Context: 23.55

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

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

Why it applies: true\_width\_m is 17.7

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### HDD-21-004

[Link to this fact](https://atlas-extractions.minestarters.com/news/volcanic-gold-prepares-to-restart-exploration-at-holly-property-with-a-focus-on--1867cb10-f499-48ff-85bc-128575d5b298#fact-drill-facts-18)

Holly · gold

Historical result

Needs review: historical\_restatement

#### 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 factor: Exceptional gold grade for epithermal deposit.

- Positive factor: True width disclosed.

- Negative factor: Narrow intercept length.

- Negative factor: Results are historical.

Evidence · table

> 9.79

Context: 2.270

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

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

Why it applies: true\_width\_m is 1.7

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### HDD-21-004

[Link to this fact](https://atlas-extractions.minestarters.com/news/volcanic-gold-prepares-to-restart-exploration-at-holly-property-with-a-focus-on--1867cb10-f499-48ff-85bc-128575d5b298#fact-drill-facts-19)

Holly · silver

Historical result

Needs review: historical\_restatement

#### 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 factor: Exceptional silver grade for epithermal deposit.

- Positive factor: True width disclosed.

- Negative factor: Narrow intercept length.

- Negative factor: Results are historical.

Evidence · table

> 2035

Context: 2.270

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

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

Why it applies: true\_width\_m is 1.7

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### HDD-21-004

[Link to this fact](https://atlas-extractions.minestarters.com/news/volcanic-gold-prepares-to-restart-exploration-at-holly-property-with-a-focus-on--1867cb10-f499-48ff-85bc-128575d5b298#fact-drill-facts-20)

Holly · gold

Historical result

Needs review: historical\_restatement

#### 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 factor: Exceptional gold grade for epithermal deposit.

- Positive factor: True width disclosed.

- Negative factor: Narrow intercept length.

- Negative factor: Results are historical.

Evidence · table

> 5.60

Context: 1.850

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

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

Why it applies: true\_width\_m is 1.4

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### HDD-21-004

[Link to this fact](https://atlas-extractions.minestarters.com/news/volcanic-gold-prepares-to-restart-exploration-at-holly-property-with-a-focus-on--1867cb10-f499-48ff-85bc-128575d5b298#fact-drill-facts-21)

Holly · silver

Historical result

Needs review: historical\_restatement

#### 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 factor: Exceptional silver grade for epithermal deposit.

- Positive factor: True width disclosed.

- Negative factor: Narrow intercept length.

- Negative factor: Results are historical.

Evidence · table

> 2801

Context: 1.850

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

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

Why it applies: true\_width\_m is 1.4

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### HDD-21-014

[Link to this fact](https://atlas-extractions.minestarters.com/news/volcanic-gold-prepares-to-restart-exploration-at-holly-property-with-a-focus-on--1867cb10-f499-48ff-85bc-128575d5b298#fact-drill-facts-22)

Holly · gold

Historical result

Needs review: historical\_restatement

#### 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 factor: Strong gold grade for epithermal deposit.

- Positive factor: True width disclosed.

- Negative factor: Results are historical.

Evidence · table

> 2.02

Context: 7.58

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

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

Why it applies: true\_width\_m is 6.4

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### HDD-21-014

[Link to this fact](https://atlas-extractions.minestarters.com/news/volcanic-gold-prepares-to-restart-exploration-at-holly-property-with-a-focus-on--1867cb10-f499-48ff-85bc-128575d5b298#fact-drill-facts-23)

Holly · silver

Historical result

Needs review: historical\_restatement

#### 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 factor: Moderate silver grade.

- Positive factor: True width disclosed.

- Negative factor: Results are historical.

Evidence · table

> 66

Context: 7.58

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

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

Why it applies: true\_width\_m is 6.4

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### HDD-21-015

[Link to this fact](https://atlas-extractions.minestarters.com/news/volcanic-gold-prepares-to-restart-exploration-at-holly-property-with-a-focus-on--1867cb10-f499-48ff-85bc-128575d5b298#fact-drill-facts-24)

Holly · gold

Historical result

Needs review: historical\_restatement

#### 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 factor: Exceptional gold grade for epithermal deposit.

- Positive factor: Significant intercept length.

- Positive factor: True width disclosed.

- Negative factor: Results are historical.

Evidence · table

> 7.67

Context: 15.55

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

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

Why it applies: true\_width\_m is 10.3

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### HDD-21-015

[Link to this fact](https://atlas-extractions.minestarters.com/news/volcanic-gold-prepares-to-restart-exploration-at-holly-property-with-a-focus-on--1867cb10-f499-48ff-85bc-128575d5b298#fact-drill-facts-25)

Holly · silver

Historical result

Needs review: historical\_restatement

#### 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 factor: Exceptional silver grade for epithermal deposit.

- Positive factor: Significant intercept length.

- Positive factor: True width disclosed.

- Negative factor: Results are historical.

Evidence · table

> 615

Context: 15.55

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

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

Why it applies: true\_width\_m is 10.3

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### HDD-21-018

[Link to this fact](https://atlas-extractions.minestarters.com/news/volcanic-gold-prepares-to-restart-exploration-at-holly-property-with-a-focus-on--1867cb10-f499-48ff-85bc-128575d5b298#fact-drill-facts-26)

Holly · gold

Historical result

Needs review: historical\_restatement

#### 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 factor: Moderate gold grade.

- Positive factor: True width disclosed.

- Negative factor: Narrow intercept length.

- Negative factor: Results are historical.

Evidence · table

> 1.81

Context: 1.53

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

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

Why it applies: true\_width\_m is 0.4

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### HDD-21-018

[Link to this fact](https://atlas-extractions.minestarters.com/news/volcanic-gold-prepares-to-restart-exploration-at-holly-property-with-a-focus-on--1867cb10-f499-48ff-85bc-128575d5b298#fact-drill-facts-27)

Holly · silver

Historical result

Needs review: historical\_restatement

#### 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 factor: Moderate silver grade.

- Positive factor: True width disclosed.

- Negative factor: Narrow intercept length.

- Negative factor: Results are historical.

Evidence · table

> 57

Context: 1.53

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

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

Why it applies: true\_width\_m is 0.4

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### HDD-21-022

[Link to this fact](https://atlas-extractions.minestarters.com/news/volcanic-gold-prepares-to-restart-exploration-at-holly-property-with-a-focus-on--1867cb10-f499-48ff-85bc-128575d5b298#fact-drill-facts-28)

Holly · gold

Historical result

Needs review: historical\_restatement

#### 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 factor: Exceptional gold grade for epithermal deposit.

- Positive factor: True width disclosed.

- Negative factor: Narrow intercept length.

- Negative factor: Results are historical.

Evidence · table

> 11.20

Context: 1.53

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

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

Why it applies: true\_width\_m is 0.7

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### HDD-21-022

[Link to this fact](https://atlas-extractions.minestarters.com/news/volcanic-gold-prepares-to-restart-exploration-at-holly-property-with-a-focus-on--1867cb10-f499-48ff-85bc-128575d5b298#fact-drill-facts-29)

Holly · silver

Historical result

Needs review: historical\_restatement

#### 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 factor: Exceptional silver grade for epithermal deposit.

- Positive factor: True width disclosed.

- Negative factor: Narrow intercept length.

- Negative factor: Results are historical.

Evidence · table

> 522

Context: 1.53

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

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

Why it applies: true\_width\_m is 0.7

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### HDD-21-027

[Link to this fact](https://atlas-extractions.minestarters.com/news/volcanic-gold-prepares-to-restart-exploration-at-holly-property-with-a-focus-on--1867cb10-f499-48ff-85bc-128575d5b298#fact-drill-facts-30)

Holly · gold

Historical result

Needs review: historical\_restatement

#### 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 factor: Bonanza gold grade for epithermal deposit.

- Positive factor: True width disclosed.

- Negative factor: Results are historical.

Evidence · table

> 54.24

Context: 4.57

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

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

Why it applies: true\_width\_m is 3

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### HDD-21-027

[Link to this fact](https://atlas-extractions.minestarters.com/news/volcanic-gold-prepares-to-restart-exploration-at-holly-property-with-a-focus-on--1867cb10-f499-48ff-85bc-128575d5b298#fact-drill-facts-31)

Holly · silver

Historical result

Needs review: historical\_restatement

#### 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 factor: Bonanza silver grade for epithermal deposit.

- Positive factor: True width disclosed.

- Negative factor: Results are historical.

Evidence · table

> 3925

Context: 4.57

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

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

Why it applies: true\_width\_m is 3

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### HDD-21-017

[Link to this fact](https://atlas-extractions.minestarters.com/news/volcanic-gold-prepares-to-restart-exploration-at-holly-property-with-a-focus-on--1867cb10-f499-48ff-85bc-128575d5b298#fact-drill-facts-32)

Holly · gold

Historical result

Needs review: historical\_restatement

#### 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 factor: Exceptional gold grade for epithermal deposit.

- Positive factor: Significant intercept length.

- Positive factor: True width disclosed.

- Negative factor: Results are historical.

Evidence · table

> 8.81

Context: 8.83

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

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

Why it applies: true\_width\_m is 5.9

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### HDD-21-017

[Link to this fact](https://atlas-extractions.minestarters.com/news/volcanic-gold-prepares-to-restart-exploration-at-holly-property-with-a-focus-on--1867cb10-f499-48ff-85bc-128575d5b298#fact-drill-facts-33)

Holly · silver

Historical result

Needs review: historical\_restatement

#### 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 factor: Exceptional silver grade for epithermal deposit.

- Positive factor: Significant intercept length.

- Positive factor: True width disclosed.

- Negative factor: Results are historical.

Evidence · table

> 355

Context: 8.83

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

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

Why it applies: true\_width\_m is 5.9

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### HDD-21-020

[Link to this fact](https://atlas-extractions.minestarters.com/news/volcanic-gold-prepares-to-restart-exploration-at-holly-property-with-a-focus-on--1867cb10-f499-48ff-85bc-128575d5b298#fact-drill-facts-34)

Holly · gold

Historical result

Needs review: historical\_restatement

#### 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 factor: Strong gold grade for epithermal deposit.

- Positive factor: True width disclosed.

- Negative factor: Results are historical.

Evidence · table

> 4.38

Context: 5.40

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

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

Why it applies: true\_width\_m is 4

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### HDD-21-020

[Link to this fact](https://atlas-extractions.minestarters.com/news/volcanic-gold-prepares-to-restart-exploration-at-holly-property-with-a-focus-on--1867cb10-f499-48ff-85bc-128575d5b298#fact-drill-facts-35)

Holly · silver

Historical result

Needs review: historical\_restatement

#### 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 factor: Exceptional silver grade for epithermal deposit.

- Positive factor: True width disclosed.

- Negative factor: Results are historical.

Evidence · table

> 350

Context: 5.40

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

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

Why it applies: true\_width\_m is 4

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### HDD-21-023

[Link to this fact](https://atlas-extractions.minestarters.com/news/volcanic-gold-prepares-to-restart-exploration-at-holly-property-with-a-focus-on--1867cb10-f499-48ff-85bc-128575d5b298#fact-drill-facts-36)

Holly · gold

Historical result

Needs review: historical\_restatement

#### 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 factor: Bonanza gold grade for epithermal deposit.

- Positive factor: True width disclosed.

- Negative factor: Results are historical.

Evidence · table

> 79.84

Context: 4.58

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

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

Why it applies: true\_width\_m is 3

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### HDD-21-023

[Link to this fact](https://atlas-extractions.minestarters.com/news/volcanic-gold-prepares-to-restart-exploration-at-holly-property-with-a-focus-on--1867cb10-f499-48ff-85bc-128575d5b298#fact-drill-facts-37)

Holly · silver

Historical result

Needs review: historical\_restatement

#### 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 factor: Bonanza silver grade for epithermal deposit.

- Positive factor: True width disclosed.

- Negative factor: Results are historical.

Evidence · table

> 5053

Context: 4.58

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

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

Why it applies: true\_width\_m is 3

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### HDD-21-030

[Link to this fact](https://atlas-extractions.minestarters.com/news/volcanic-gold-prepares-to-restart-exploration-at-holly-property-with-a-focus-on--1867cb10-f499-48ff-85bc-128575d5b298#fact-drill-facts-38)

Holly · gold

Historical result

Needs review: historical\_restatement

#### 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 factor: Strong gold grade for epithermal deposit.

- Positive factor: Significant intercept length.

- Positive factor: True width disclosed.

- Negative factor: Results are historical.

Evidence · table

> 2.07

Context: 10.68

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

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

Why it applies: true\_width\_m is 8.7

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### HDD-21-030

[Link to this fact](https://atlas-extractions.minestarters.com/news/volcanic-gold-prepares-to-restart-exploration-at-holly-property-with-a-focus-on--1867cb10-f499-48ff-85bc-128575d5b298#fact-drill-facts-39)

Holly · silver

Historical result

Needs review: historical\_restatement

#### 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 factor: Exceptional silver grade for epithermal deposit.

- Positive factor: Significant intercept length.

- Positive factor: True width disclosed.

- Negative factor: Results are historical.

Evidence · table

> 389

Context: 10.68

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

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

Why it applies: true\_width\_m is 8.7

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### HDD-005

[Link to this fact](https://atlas-extractions.minestarters.com/news/volcanic-gold-prepares-to-restart-exploration-at-holly-property-with-a-focus-on--1867cb10-f499-48ff-85bc-128575d5b298#fact-drill-facts-40)

Holly · gold

#### 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 factor: Exceptional gold grade for epithermal deposit.

- Positive factor: True width disclosed.

- Negative factor: Results are historical.

Evidence · table

> 22.03

Context: 3.60

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

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

Why it applies: true\_width\_m is 2.2

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### HDD-005

[Link to this fact](https://atlas-extractions.minestarters.com/news/volcanic-gold-prepares-to-restart-exploration-at-holly-property-with-a-focus-on--1867cb10-f499-48ff-85bc-128575d5b298#fact-drill-facts-41)

Holly · silver

#### 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 factor: Exceptional silver grade for epithermal deposit.

- Positive factor: True width disclosed.

- Negative factor: Results are historical.

Evidence · table

> 697

Context: 3.60

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

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

Why it applies: true\_width\_m is 2.2

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### HDD-21-006

[Link to this fact](https://atlas-extractions.minestarters.com/news/volcanic-gold-prepares-to-restart-exploration-at-holly-property-with-a-focus-on--1867cb10-f499-48ff-85bc-128575d5b298#fact-drill-facts-42)

Holly · gold

Historical result

Needs review: historical\_restatement

#### 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 factor: Strong gold grade for epithermal deposit.

- Positive factor: True width disclosed.

- Negative factor: Results are historical.

Evidence · table

> 4.00

Context: 4.23

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

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

Why it applies: true\_width\_m is 3.4

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### HDD-21-006

[Link to this fact](https://atlas-extractions.minestarters.com/news/volcanic-gold-prepares-to-restart-exploration-at-holly-property-with-a-focus-on--1867cb10-f499-48ff-85bc-128575d5b298#fact-drill-facts-43)

Holly · silver

Historical result

Needs review: historical\_restatement

#### 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 factor: Moderate silver grade.

- Positive factor: True width disclosed.

- Negative factor: Results are historical.

Evidence · table

> 136

Context: 4.23

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

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

Why it applies: true\_width\_m is 3.4

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### HDD-21-007

[Link to this fact](https://atlas-extractions.minestarters.com/news/volcanic-gold-prepares-to-restart-exploration-at-holly-property-with-a-focus-on--1867cb10-f499-48ff-85bc-128575d5b298#fact-drill-facts-44)

Holly · gold

Historical result

Needs review: historical\_restatement

#### 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 factor: Strong gold grade for epithermal deposit.

- Positive factor: True width disclosed.

- Negative factor: Results are historical.

Evidence · table

> 2.93

Context: 3.17

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

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

Why it applies: true\_width\_m is 1.4

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### HDD-21-007

[Link to this fact](https://atlas-extractions.minestarters.com/news/volcanic-gold-prepares-to-restart-exploration-at-holly-property-with-a-focus-on--1867cb10-f499-48ff-85bc-128575d5b298#fact-drill-facts-45)

Holly · silver

Historical result

Needs review: historical\_restatement

#### 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 factor: Strong silver grade for epithermal deposit.

- Positive factor: True width disclosed.

- Negative factor: Results are historical.

Evidence · table

> 284

Context: 3.17

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

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

Why it applies: true\_width\_m is 1.4

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

## Resource Estimates (2)

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/volcanic-gold-prepares-to-restart-exploration-at-holly-property-with-a-focus-on--1867cb10-f499-48ff-85bc-128575d5b298#fact-resource-facts-0)

Holly Project · gold

#### 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 factor: High gold grade.

- Positive factor: NI 43-101 compliant.

- Positive factor: QP signed off.

- Positive factor: Metal equivalent assumptions disclosed.

- Negative factor: Resource is entirely Inferred.

- Negative factor: Estimate is stale \(effective date &gt;2 years old\).

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 Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

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

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/volcanic-gold-prepares-to-restart-exploration-at-holly-property-with-a-focus-on--1867cb10-f499-48ff-85bc-128575d5b298#fact-resource-facts-1)

Holly Project · silver

#### 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 factor: High silver grade.

- Positive factor: NI 43-101 compliant.

- Positive factor: QP signed off.

- Positive factor: Metal equivalent assumptions disclosed.

- Negative factor: Resource is entirely Inferred.

- Negative factor: Estimate is stale \(effective date &gt;2 years old\).

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 Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 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.
