Velocity Provides Corporate and Exploration Update and Extends Advisory Engagement

Original announcement by tmx on

Company
Velocity Minerals Ltd.
Ticker
VLC
Exchange
TSX
Region
Bulgaria
Primary commodity
Copper
Secondary commodities
Gold
Document categories
Drill results, Agreement transaction, Permitting
Extracted
2026-08-21 09:54:17 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Velocity Minerals reported new drill results from its Iglika project in Bulgaria, including low-grade copper and moderate-grade gold intercepts. Concurrently, Dundee Precious Metals announced its intent to terminate the Iglika option agreement, prompting Velocity to seek a new drill partner. The company is also evaluating strategic alternatives for its prefeasibility-stage Rozino gold deposit, including a potential sale.

Reasoning: Velocity Minerals provided an update with new drill results from Iglika, showing generally low-grade copper and moderate-grade gold intercepts. However, the termination of the option agreement by DPM for Iglika and the consideration of selling the prefeasibility-stage Rozino gold deposit introduce significant strategic uncertainty and a need for new partnerships/funding.

Positive factors

  • new_drill_results
  • qaqc_disclosed
  • permitting_progress

Negative factors

  • partner_withdrawal
  • potential_divestment
  • low_copper_grades

Facts used in scoring: 69

Atlas analysis — Velocity Minerals Ltd.: Velocity Provides Corporate and Exploration Update and Extends Advisory Engagement

Classification and evidence

QA/QC Disclosedpositive

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

Why it applies: The release explicitly mentions that work programs are designed and supervised by a QP, samples are security sealed, and field duplicates, blanks, and standards are added to every batch, with analysis by SGS Mineral Services.

Evidence · text

“The work programs in Bulgaria are designed and supervised by Daniel Marinov, MAIG RPGeo, the Company's Vice President Operations who is responsible for all aspects of the work, including the quality control/quality assurance program. On-site personnel at the project rigorously collect and track samples which are then security sealed and shipped to SGS Mineral Services laboratory in Burgas, Bulgaria and Bor, Serbia (drill core), for sample preparation and subsequent analysis. Drill core samples are prepared and analyzed by fire assay using a 30-gram charge and multi-element analysis with four acid digestion using an Inductively Coupled Mass Spectrometer in compliance with industry standards at SGS Mineral Services laboratory. Field duplicate samples, blanks and independent controlled reference material (standards) are added to every batch.”

Cut-off Disclosedpositive · Story-specific tag

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

Why it applies: The cut-off grades and internal dilution rules for both main and 'including' intercepts are clearly stated for copper and gold drill results.

Evidence · text

“main intercepts calculated using a 0.05 % copper trigger, a minimum 0.1 % copper composite grade, and a maximum of 6 metres consecutive waste. Including intercepts calculated using higher parameters to minimize number of intervals generated (0.1% copper trigger, a minimum 0.2% copper composite grade, and a maximum 3m of consecutive waste).”

Stale Data Re-releasenegative

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

Why it applies: The document explicitly references 'previous news release January 23, 2024' for the 'best drill intersection' from DPM's program, indicating these are not new results.

Evidence · text

“Following completion of DPM's drill program, the best drill intersection is 71m at 0.15% copper, including 4.7m at 0.26% copper, 6.0m at 0.37% copper, and 24.5m at 0.21% copper (see previous news release January 23, 2024).”

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: The core photos mention 'chalcopyrite-pyrite' and 'pyrite' which can indicate sulfur, a common deleterious element in copper concentrates.

Evidence · text

“Photos A-D from drill hole IDD-006: A) at 466.8m; disseminated and veinlet of chalcopyrite-pyrite (cpy-pyy) in chlorite-sericite±epidote altered crowded feldspar porphyry.”

Extracted facts

Stored fact records: 69. Some facts used in scoring do not have a stored record.

Drill Results (69)

Fact 1Iglika · copperGrade: 0.21Grade Unit: %Intercept: 24.5 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Iglika
Commodity
copper
Ticker
VLC

Geometry

Grade
0.21
Grade Unit
%
Intercept
24.5 m

Classification

Deposit Type
porphyry
Mining Method
open_pit

QA/QC

Laboratory
SGS Mineral Services
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2024-01-23T00:00:00.000Z

Dates

Event date
2024-06-13T00:00:00.000Z

Reasoning: This historical sub-interval shows a moderate copper grade over a good width, but it is not new information.

Positive factors

  • good_width

Negative factors

  • stale_data_re_release

Evidence · text

“24.5m at 0.21% copper”
IDD-006Iglika · copperGrade: 0.11Grade Unit: %Intercept: 4.3 mView all details
Link to this fact

Identity

Hole ID
IDD-006
Project
Iglika
Commodity
copper
Ticker
VLC

Geometry

Grade
0.11
Grade Unit
%
Intercept
4.3 m
From
76.6 m
To
80.9 m

Classification

Deposit Type
porphyry
Group ID
IDD-006:76.6-80.9
Mining Method
open_pit

QA/QC

Laboratory
SGS Mineral Services
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Compositing

Cutoff Grade
0.1
Cutoff Unit
%
Dilution Disclosed
Yes
Max Dilution
6 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-06-13T00:00:00.000Z

Reasoning: A narrow intercept of low-grade copper, typical for porphyry but not highly material.

Negative factors

  • low_copper_grades

Evidence · table

“0.11”

Context: 4.30

IDD-006Iglika · copperGrade: 0.16Grade Unit: %Intercept: 15 mView all details
Link to this fact

Identity

Hole ID
IDD-006
Project
Iglika
Commodity
copper
Ticker
VLC

Geometry

Grade
0.16
Grade Unit
%
Intercept
15 m
From
97.5 m
To
112.5 m

Classification

Deposit Type
porphyry
Group ID
IDD-006:97.50-112.50
Mining Method
open_pit

QA/QC

Laboratory
SGS Mineral Services
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Compositing

Cutoff Grade
0.1
Cutoff Unit
%
Dilution Disclosed
Yes
Max Dilution
6 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-06-13T00:00:00.000Z

Reasoning: A moderate width intercept of low-grade copper, typical for porphyry.

Negative factors

  • low_copper_grades

Evidence · table

“0.16”

Context: 15.00

IDD-006Iglika · copperGrade: 0.47Grade Unit: %Intercept: 4 mView all details
Link to this fact

Identity

Hole ID
IDD-006
Project
Iglika
Commodity
copper
Ticker
VLC

Geometry

Grade
0.47
Grade Unit
%
Intercept
4 m
From
99.5 m
To
103.5 m

Classification

Deposit Type
porphyry
Group ID
IDD-006:97.50-112.50
Mining Method
open_pit

QA/QC

Laboratory
SGS Mineral Services
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Compositing

Cutoff Grade
0.2
Cutoff Unit
%
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-06-13T00:00:00.000Z

Reasoning: A higher-grade copper sub-interval within a broader zone, indicating better mineralization locally.

Evidence · table

“0.47”

Context: 4.00

IDD-006Iglika · copperGrade: 0.17Grade Unit: %Intercept: 3.2 mView all details
Link to this fact

Identity

Hole ID
IDD-006
Project
Iglika
Commodity
copper
Ticker
VLC

Geometry

Grade
0.17
Grade Unit
%
Intercept
3.2 m
From
214.1 m
To
217.3 m

Classification

Deposit Type
porphyry
Group ID
IDD-006:214.1-217.3
Mining Method
open_pit

QA/QC

Laboratory
SGS Mineral Services
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Compositing

Cutoff Grade
0.1
Cutoff Unit
%
Dilution Disclosed
Yes
Max Dilution
6 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-06-13T00:00:00.000Z

Reasoning: A narrow intercept of low-grade copper.

Negative factors

  • low_copper_grades

Evidence · table

“0.17”

Context: 3.20

IDD-006Iglika · copperGrade: 0.13Grade Unit: %Intercept: 4.4 mView all details
Link to this fact

Identity

Hole ID
IDD-006
Project
Iglika
Commodity
copper
Ticker
VLC

Geometry

Grade
0.13
Grade Unit
%
Intercept
4.4 m
From
222.6 m
To
227 m

Classification

Deposit Type
porphyry
Group ID
IDD-006:222.6-227
Mining Method
open_pit

QA/QC

Laboratory
SGS Mineral Services
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Compositing

Cutoff Grade
0.1
Cutoff Unit
%
Dilution Disclosed
Yes
Max Dilution
6 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-06-13T00:00:00.000Z

Reasoning: A narrow intercept of low-grade copper.

Negative factors

  • low_copper_grades

Evidence · table

“0.13”

Context: 4.40

IDD-006Iglika · copperGrade: 0.11Grade Unit: %Intercept: 3 mView all details
Link to this fact

Identity

Hole ID
IDD-006
Project
Iglika
Commodity
copper
Ticker
VLC

Geometry

Grade
0.11
Grade Unit
%
Intercept
3 m
From
311.3 m
To
314.3 m

Classification

Deposit Type
porphyry
Group ID
IDD-006:311.3-314.3
Mining Method
open_pit

QA/QC

Laboratory
SGS Mineral Services
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Compositing

Cutoff Grade
0.1
Cutoff Unit
%
Dilution Disclosed
Yes
Max Dilution
6 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-06-13T00:00:00.000Z

Reasoning: A narrow intercept of low-grade copper.

Negative factors

  • low_copper_grades

Evidence · table

“0.11”

Context: 3.00

IDD-006Iglika · copperGrade: 0.15Grade Unit: %Intercept: 70.9 mView all details
Link to this fact

Identity

Hole ID
IDD-006
Project
Iglika
Commodity
copper
Ticker
VLC

Geometry

Grade
0.15
Grade Unit
%
Intercept
70.9 m
From
430 m
To
500.9 m

Classification

Deposit Type
porphyry
Group ID
IDD-006:430.00-500.90
Mining Method
open_pit

QA/QC

Laboratory
SGS Mineral Services
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Compositing

Cutoff Grade
0.1
Cutoff Unit
%
Dilution Disclosed
Yes
Max Dilution
6 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-06-13T00:00:00.000Z

Reasoning: A very wide intercept of low-grade copper, typical for porphyry deposits.

Positive factors

  • good_width

Negative factors

  • low_copper_grades

Evidence · table

“0.15”

Context: 70.90

IDD-006Iglika · copperGrade: 0.26Grade Unit: %Intercept: 4.7 mView all details
Link to this fact

Identity

Hole ID
IDD-006
Project
Iglika
Commodity
copper
Ticker
VLC

Geometry

Grade
0.26
Grade Unit
%
Intercept
4.7 m
From
447.4 m
To
452.1 m

Classification

Deposit Type
porphyry
Group ID
IDD-006:430.00-500.90
Mining Method
open_pit

QA/QC

Laboratory
SGS Mineral Services
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Compositing

Cutoff Grade
0.2
Cutoff Unit
%
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-06-13T00:00:00.000Z

Reasoning: A higher-grade copper sub-interval within a broader zone.

Evidence · table

“0.26”

Context: 4.70

IDD-006Iglika · copperGrade: 0.21Grade Unit: %Intercept: 2 mView all details
Link to this fact

Identity

Hole ID
IDD-006
Project
Iglika
Commodity
copper
Ticker
VLC

Geometry

Grade
0.21
Grade Unit
%
Intercept
2 m
From
458.7 m
To
460.7 m

Classification

Deposit Type
porphyry
Group ID
IDD-006:430.00-500.90
Mining Method
open_pit

QA/QC

Laboratory
SGS Mineral Services
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Compositing

Cutoff Grade
0.2
Cutoff Unit
%
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-06-13T00:00:00.000Z

Reasoning: A higher-grade copper sub-interval within a broader zone.

Evidence · table

“0.21”

Context: 2.00

IDD-006Iglika · copperGrade: 0.37Grade Unit: %Intercept: 6 mView all details
Link to this fact

Identity

Hole ID
IDD-006
Project
Iglika
Commodity
copper
Ticker
VLC

Geometry

Grade
0.37
Grade Unit
%
Intercept
6 m
From
464.7 m
To
470.7 m

Classification

Deposit Type
porphyry
Group ID
IDD-006:430.00-500.90
Mining Method
open_pit

QA/QC

Laboratory
SGS Mineral Services
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Compositing

Cutoff Grade
0.2
Cutoff Unit
%
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-06-13T00:00:00.000Z

Reasoning: A higher-grade copper sub-interval within a broader zone.

Evidence · table

“0.37”

Context: 6.00

IDD-006Iglika · copperGrade: 0.21Grade Unit: %Intercept: 24.5 mView all details
Link to this fact

Identity

Hole ID
IDD-006
Project
Iglika
Commodity
copper
Ticker
VLC

Geometry

Grade
0.21
Grade Unit
%
Intercept
24.5 m
From
476.4 m
To
500.9 m

Classification

Deposit Type
porphyry
Group ID
IDD-006:430.00-500.90
Mining Method
open_pit

QA/QC

Laboratory
SGS Mineral Services
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Compositing

Cutoff Grade
0.2
Cutoff Unit
%
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-06-13T00:00:00.000Z

Reasoning: A significant width of moderate-grade copper within a broader zone.

Positive factors

  • good_width

Evidence · table

“0.21”

Context: 24.50

IDD-006Iglika · copperGrade: 0.17Grade Unit: %Intercept: 3.1 mView all details
Link to this fact

Identity

Hole ID
IDD-006
Project
Iglika
Commodity
copper
Ticker
VLC

Geometry

Grade
0.17
Grade Unit
%
Intercept
3.1 m
From
551.4 m
To
554.5 m

Classification

Deposit Type
porphyry
Group ID
IDD-006:551.4-554.5
Mining Method
open_pit

QA/QC

Laboratory
SGS Mineral Services
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Compositing

Cutoff Grade
0.1
Cutoff Unit
%
Dilution Disclosed
Yes
Max Dilution
6 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-06-13T00:00:00.000Z

Reasoning: A narrow intercept of low-grade copper.

Negative factors

  • low_copper_grades

Evidence · table

“0.17”

Context: 3.10

IDD-006Iglika · copperGrade: 0.21Grade Unit: %Intercept: 2.1 mView all details
Link to this fact

Identity

Hole ID
IDD-006
Project
Iglika
Commodity
copper
Ticker
VLC

Geometry

Grade
0.21
Grade Unit
%
Intercept
2.1 m
From
552.4 m
To
554.5 m

Classification

Deposit Type
porphyry
Group ID
IDD-006:552.4-554.5
Mining Method
open_pit

QA/QC

Laboratory
SGS Mineral Services
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Compositing

Cutoff Grade
0.1
Cutoff Unit
%
Dilution Disclosed
Yes
Max Dilution
6 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-06-13T00:00:00.000Z

Reasoning: A narrow intercept of moderate-grade copper.

Evidence · table

“0.21”

Context: 2.10

IDD-006Iglika · copperGrade: 0.11Grade Unit: %Intercept: 3 mView all details
Link to this fact

Identity

Hole ID
IDD-006
Project
Iglika
Commodity
copper
Ticker
VLC

Geometry

Grade
0.11
Grade Unit
%
Intercept
3 m
From
576 m
To
579 m

Classification

Deposit Type
porphyry
Group ID
IDD-006:576-579
Mining Method
open_pit

QA/QC

Laboratory
SGS Mineral Services
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Compositing

Cutoff Grade
0.1
Cutoff Unit
%
Dilution Disclosed
Yes
Max Dilution
6 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-06-13T00:00:00.000Z

Reasoning: A narrow intercept of low-grade copper.

Negative factors

  • low_copper_grades

Evidence · table

“0.11”

Context: 3.00

IDD-006Iglika · copperGrade: 0.1Grade Unit: %Intercept: 10.7 mView all details
Link to this fact

Identity

Hole ID
IDD-006
Project
Iglika
Commodity
copper
Ticker
VLC

Geometry

Grade
0.1
Grade Unit
%
Intercept
10.7 m
From
650.3 m
To
661 m

Classification

Deposit Type
porphyry
Group ID
IDD-006:650.3-661
Mining Method
open_pit

QA/QC

Laboratory
SGS Mineral Services
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Compositing

Cutoff Grade
0.1
Cutoff Unit
%
Dilution Disclosed
Yes
Max Dilution
6 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-06-13T00:00:00.000Z

Reasoning: A moderate width intercept of low-grade copper.

Negative factors

  • low_copper_grades

Evidence · table

“0.10”

Context: 10.70

IDD-006Iglika · copperGrade: 0.1Grade Unit: %Intercept: 7.5 mView all details
Link to this fact

Identity

Hole ID
IDD-006
Project
Iglika
Commodity
copper
Ticker
VLC

Geometry

Grade
0.1
Grade Unit
%
Intercept
7.5 m
From
707.6 m
To
715.1 m

Classification

Deposit Type
porphyry
Group ID
IDD-006:707.6-715.1
Mining Method
open_pit

QA/QC

Laboratory
SGS Mineral Services
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Compositing

Cutoff Grade
0.1
Cutoff Unit
%
Dilution Disclosed
Yes
Max Dilution
6 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-06-13T00:00:00.000Z

Reasoning: A moderate width intercept of low-grade copper.

Negative factors

  • low_copper_grades

Evidence · table

“0.10”

Context: 7.50

IDD-006Iglika · copperGrade: 0.12Grade Unit: %Intercept: 4.1 mView all details
Link to this fact

Identity

Hole ID
IDD-006
Project
Iglika
Commodity
copper
Ticker
VLC

Geometry

Grade
0.12
Grade Unit
%
Intercept
4.1 m
From
730.5 m
To
734.6 m

Classification

Deposit Type
porphyry
Group ID
IDD-006:730.5-734.6
Mining Method
open_pit

QA/QC

Laboratory
SGS Mineral Services
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Compositing

Cutoff Grade
0.1
Cutoff Unit
%
Dilution Disclosed
Yes
Max Dilution
6 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-06-13T00:00:00.000Z

Reasoning: A narrow intercept of low-grade copper.

Negative factors

  • low_copper_grades

Evidence · table

“0.12”

Context: 4.10

IDD-006Iglika · copperGrade: 0.16Grade Unit: %Intercept: 11.6 mView all details
Link to this fact

Identity

Hole ID
IDD-006
Project
Iglika
Commodity
copper
Ticker
VLC

Geometry

Grade
0.16
Grade Unit
%
Intercept
11.6 m
From
772.7 m
To
784.3 m

Classification

Deposit Type
porphyry
Group ID
IDD-006:772.70-784.30
Mining Method
open_pit

QA/QC

Laboratory
SGS Mineral Services
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Compositing

Cutoff Grade
0.1
Cutoff Unit
%
Dilution Disclosed
Yes
Max Dilution
6 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-06-13T00:00:00.000Z

Reasoning: A moderate width intercept of low-grade copper.

Negative factors

  • low_copper_grades

Evidence · table

“0.16”

Context: 11.60

IDD-006Iglika · copperGrade: 0.38Grade Unit: %Intercept: 3 mView all details
Link to this fact

Identity

Hole ID
IDD-006
Project
Iglika
Commodity
copper
Ticker
VLC

Geometry

Grade
0.38
Grade Unit
%
Intercept
3 m
From
781.3 m
To
784.3 m

Classification

Deposit Type
porphyry
Group ID
IDD-006:772.70-784.30
Mining Method
open_pit

QA/QC

Laboratory
SGS Mineral Services
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Compositing

Cutoff Grade
0.2
Cutoff Unit
%
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-06-13T00:00:00.000Z

Reasoning: A higher-grade copper sub-interval within a broader zone.

Evidence · table

“0.38”

Context: 3.00

IDD-006Iglika · copperGrade: 0.11Grade Unit: %Intercept: 5 mView all details
Link to this fact

Identity

Hole ID
IDD-006
Project
Iglika
Commodity
copper
Ticker
VLC

Geometry

Grade
0.11
Grade Unit
%
Intercept
5 m
From
833.6 m
To
838.6 m

Classification

Deposit Type
porphyry
Group ID
IDD-006:833.6-838.6
Mining Method
open_pit

QA/QC

Laboratory
SGS Mineral Services
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Compositing

Cutoff Grade
0.1
Cutoff Unit
%
Dilution Disclosed
Yes
Max Dilution
6 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-06-13T00:00:00.000Z

Reasoning: A narrow intercept of low-grade copper.

Negative factors

  • low_copper_grades

Evidence · table

“0.11”

Context: 5.00

IDD-014Iglika · copperGrade: 0.11Grade Unit: %Intercept: 8.1 mView all details
Link to this fact

Identity

Hole ID
IDD-014
Project
Iglika
Commodity
copper
Ticker
VLC

Geometry

Grade
0.11
Grade Unit
%
Intercept
8.1 m
From
63.9 m
To
72 m

Classification

Deposit Type
porphyry
Group ID
IDD-014:63.90-72.00
Mining Method
open_pit

QA/QC

Laboratory
SGS Mineral Services
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Compositing

Cutoff Grade
0.1
Cutoff Unit
%
Dilution Disclosed
Yes
Max Dilution
6 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-06-13T00:00:00.000Z

Reasoning: A moderate width intercept of low-grade copper.

Negative factors

  • low_copper_grades

Evidence · table

“0.11”

Context: 8.10

IDD-014Iglika · copperGrade: 0.27Grade Unit: %Intercept: 2 mView all details
Link to this fact

Identity

Hole ID
IDD-014
Project
Iglika
Commodity
copper
Ticker
VLC

Geometry

Grade
0.27
Grade Unit
%
Intercept
2 m
From
70 m
To
72 m

Classification

Deposit Type
porphyry
Group ID
IDD-014:63.90-72.00
Mining Method
open_pit

QA/QC

Laboratory
SGS Mineral Services
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Compositing

Cutoff Grade
0.2
Cutoff Unit
%
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-06-13T00:00:00.000Z

Reasoning: A higher-grade copper sub-interval within a broader zone.

Evidence · table

“0.27”

Context: 2.00

IDD-014Iglika · copperGrade: 0.36Grade Unit: %Intercept: 4.1 mView all details
Link to this fact

Identity

Hole ID
IDD-014
Project
Iglika
Commodity
copper
Ticker
VLC

Geometry

Grade
0.36
Grade Unit
%
Intercept
4.1 m
From
110.9 m
To
115 m

Classification

Deposit Type
porphyry
Mining Method
open_pit

QA/QC

Laboratory
SGS Mineral Services
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Compositing

Cutoff Grade
0.1
Cutoff Unit
%
Dilution Disclosed
Yes
Max Dilution
6 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-06-13T00:00:00.000Z

Reasoning: A narrow intercept of moderate-grade copper.

Evidence · table

“0.36”

Context: 4.10

IDD-014Iglika · copperGrade: 0.14Grade Unit: %Intercept: 7.5 mView all details
Link to this fact

Identity

Hole ID
IDD-014
Project
Iglika
Commodity
copper
Ticker
VLC

Geometry

Grade
0.14
Grade Unit
%
Intercept
7.5 m
From
222.3 m
To
229.8 m

Classification

Deposit Type
porphyry
Group ID
IDD-014:222.30-229.80
Mining Method
open_pit

QA/QC

Laboratory
SGS Mineral Services
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Compositing

Cutoff Grade
0.1
Cutoff Unit
%
Dilution Disclosed
Yes
Max Dilution
6 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-06-13T00:00:00.000Z

Reasoning: A moderate width intercept of low-grade copper.

Negative factors

  • low_copper_grades

Evidence · table

“0.14”

Context: 7.50

IDD-014Iglika · copperGrade: 0.21Grade Unit: %Intercept: 4.2 mView all details
Link to this fact

Identity

Hole ID
IDD-014
Project
Iglika
Commodity
copper
Ticker
VLC

Geometry

Grade
0.21
Grade Unit
%
Intercept
4.2 m
From
222.3 m
To
226.5 m

Classification

Deposit Type
porphyry
Group ID
IDD-014:222.30-229.80
Mining Method
open_pit

QA/QC

Laboratory
SGS Mineral Services
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Compositing

Cutoff Grade
0.2
Cutoff Unit
%
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-06-13T00:00:00.000Z

Reasoning: A higher-grade copper sub-interval within a broader zone.

Evidence · table

“0.21”

Context: 4.20

IDD-014Iglika · copperGrade: 0.12Grade Unit: %Intercept: 5.5 mView all details
Link to this fact

Identity

Hole ID
IDD-014
Project
Iglika
Commodity
copper
Ticker
VLC

Geometry

Grade
0.12
Grade Unit
%
Intercept
5.5 m
From
259.5 m
To
265 m

Classification

Deposit Type
porphyry
Group ID
IDD-014:259.50-265.00
Mining Method
open_pit

QA/QC

Laboratory
SGS Mineral Services
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Compositing

Cutoff Grade
0.1
Cutoff Unit
%
Dilution Disclosed
Yes
Max Dilution
6 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-06-13T00:00:00.000Z

Reasoning: A narrow intercept of low-grade copper.

Negative factors

  • low_copper_grades

Evidence · table

“0.12”

Context: 5.50

IDD-014Iglika · copperGrade: 0.22Grade Unit: %Intercept: 2.2 mView all details
Link to this fact

Identity

Hole ID
IDD-014
Project
Iglika
Commodity
copper
Ticker
VLC

Geometry

Grade
0.22
Grade Unit
%
Intercept
2.2 m
From
262.8 m
To
265 m

Classification

Deposit Type
porphyry
Group ID
IDD-014:259.50-265.00
Mining Method
open_pit

QA/QC

Laboratory
SGS Mineral Services
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Compositing

Cutoff Grade
0.2
Cutoff Unit
%
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-06-13T00:00:00.000Z

Reasoning: A higher-grade copper sub-interval within a broader zone.

Evidence · table

“0.22”

Context: 2.20

IDD-014Iglika · copperGrade: 0.14Grade Unit: %Intercept: 15 mView all details
Link to this fact

Identity

Hole ID
IDD-014
Project
Iglika
Commodity
copper
Ticker
VLC

Geometry

Grade
0.14
Grade Unit
%
Intercept
15 m
From
389.1 m
To
404.1 m

Classification

Deposit Type
porphyry
Group ID
IDD-014:389.10-404.10
Mining Method
open_pit

QA/QC

Laboratory
SGS Mineral Services
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Compositing

Cutoff Grade
0.1
Cutoff Unit
%
Dilution Disclosed
Yes
Max Dilution
6 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-06-13T00:00:00.000Z

Reasoning: A moderate width intercept of low-grade copper.

Negative factors

  • low_copper_grades

Evidence · table

“0.14”

Context: 15.00

IDD-014Iglika · copperGrade: 0.21Grade Unit: %Intercept: 4 mView all details
Link to this fact

Identity

Hole ID
IDD-014
Project
Iglika
Commodity
copper
Ticker
VLC

Geometry

Grade
0.21
Grade Unit
%
Intercept
4 m
From
400.1 m
To
404.1 m

Classification

Deposit Type
porphyry
Group ID
IDD-014:389.10-404.10
Mining Method
open_pit

QA/QC

Laboratory
SGS Mineral Services
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Compositing

Cutoff Grade
0.2
Cutoff Unit
%
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-06-13T00:00:00.000Z

Reasoning: A higher-grade copper sub-interval within a broader zone.

Evidence · table

“0.21”

Context: 4.00

IDD-014Iglika · copperGrade: 0.1Grade Unit: %Intercept: 6.4 mView all details
Link to this fact

Identity

Hole ID
IDD-014
Project
Iglika
Commodity
copper
Ticker
VLC

Geometry

Grade
0.1
Grade Unit
%
Intercept
6.4 m
From
414.7 m
To
421.1 m

Classification

Deposit Type
porphyry
Mining Method
open_pit

QA/QC

Laboratory
SGS Mineral Services
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Compositing

Cutoff Grade
0.1
Cutoff Unit
%
Dilution Disclosed
Yes
Max Dilution
6 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-06-13T00:00:00.000Z

Reasoning: A moderate width intercept of low-grade copper.

Negative factors

  • low_copper_grades

Evidence · table

“0.10”

Context: 6.40

IDD-014Iglika · copperGrade: 0.11Grade Unit: %Intercept: 6 mView all details
Link to this fact

Identity

Hole ID
IDD-014
Project
Iglika
Commodity
copper
Ticker
VLC

Geometry

Grade
0.11
Grade Unit
%
Intercept
6 m
From
626.3 m
To
632.3 m

Classification

Deposit Type
porphyry
Mining Method
open_pit

QA/QC

Laboratory
SGS Mineral Services
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Compositing

Cutoff Grade
0.1
Cutoff Unit
%
Dilution Disclosed
Yes
Max Dilution
6 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-06-13T00:00:00.000Z

Reasoning: A moderate width intercept of low-grade copper.

Negative factors

  • low_copper_grades

Evidence · table

“0.11”

Context: 6.00

IDD-014Iglika · copperGrade: 0.12Grade Unit: %Intercept: 3.3 mView all details
Link to this fact

Identity

Hole ID
IDD-014
Project
Iglika
Commodity
copper
Ticker
VLC

Geometry

Grade
0.12
Grade Unit
%
Intercept
3.3 m
From
689.3 m
To
692.6 m

Classification

Deposit Type
porphyry
Mining Method
open_pit

QA/QC

Laboratory
SGS Mineral Services
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Compositing

Cutoff Grade
0.1
Cutoff Unit
%
Dilution Disclosed
Yes
Max Dilution
6 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-06-13T00:00:00.000Z

Reasoning: A narrow intercept of low-grade copper.

Negative factors

  • low_copper_grades

Evidence · table

“0.12”

Context: 3.30

IDD-014Iglika · copperGrade: 0.11Grade Unit: %Intercept: 46.8 mView all details
Link to this fact

Identity

Hole ID
IDD-014
Project
Iglika
Commodity
copper
Ticker
VLC

Geometry

Grade
0.11
Grade Unit
%
Intercept
46.8 m
From
755.7 m
To
802.5 m

Classification

Deposit Type
porphyry
Group ID
IDD-014:755.70-802.50
Mining Method
open_pit

QA/QC

Laboratory
SGS Mineral Services
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Compositing

Cutoff Grade
0.1
Cutoff Unit
%
Dilution Disclosed
Yes
Max Dilution
6 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-06-13T00:00:00.000Z

Reasoning: A wide intercept of low-grade copper, typical for porphyry deposits.

Positive factors

  • good_width

Negative factors

  • low_copper_grades

Evidence · table

“0.11”

Context: 46.80

IDD-014Iglika · copperGrade: 0.23Grade Unit: %Intercept: 7 mView all details
Link to this fact

Identity

Hole ID
IDD-014
Project
Iglika
Commodity
copper
Ticker
VLC

Geometry

Grade
0.23
Grade Unit
%
Intercept
7 m
From
767.6 m
To
774.6 m

Classification

Deposit Type
porphyry
Group ID
IDD-014:755.70-802.50
Mining Method
open_pit

QA/QC

Laboratory
SGS Mineral Services
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Compositing

Cutoff Grade
0.2
Cutoff Unit
%
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-06-13T00:00:00.000Z

Reasoning: A higher-grade copper sub-interval within a broader zone.

Evidence · table

“0.23”

Context: 7.00

IDD-014Iglika · copperGrade: 0.25Grade Unit: %Intercept: 2 mView all details
Link to this fact

Identity

Hole ID
IDD-014
Project
Iglika
Commodity
copper
Ticker
VLC

Geometry

Grade
0.25
Grade Unit
%
Intercept
2 m
From
789.6 m
To
791.6 m

Classification

Deposit Type
porphyry
Group ID
IDD-014:755.70-802.50
Mining Method
open_pit

QA/QC

Laboratory
SGS Mineral Services
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Compositing

Cutoff Grade
0.2
Cutoff Unit
%
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-06-13T00:00:00.000Z

Reasoning: A higher-grade copper sub-interval within a broader zone.

Evidence · table

“0.25”

Context: 2.00

IDD-014Iglika · copperGrade: 0.12Grade Unit: %Intercept: 41.5 mView all details
Link to this fact

Identity

Hole ID
IDD-014
Project
Iglika
Commodity
copper
Ticker
VLC

Geometry

Grade
0.12
Grade Unit
%
Intercept
41.5 m
From
909 m
To
950.5 m

Classification

Deposit Type
porphyry
Group ID
IDD-014:909.00-950.50
Mining Method
open_pit

QA/QC

Laboratory
SGS Mineral Services
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Compositing

Cutoff Grade
0.1
Cutoff Unit
%
Dilution Disclosed
Yes
Max Dilution
6 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-06-13T00:00:00.000Z

Reasoning: A wide intercept of low-grade copper, typical for porphyry deposits.

Positive factors

  • good_width

Negative factors

  • low_copper_grades

Evidence · table

“0.12”

Context: 41.50

IDD-014Iglika · copperGrade: 0.22Grade Unit: %Intercept: 2 mView all details
Link to this fact

Identity

Hole ID
IDD-014
Project
Iglika
Commodity
copper
Ticker
VLC

Geometry

Grade
0.22
Grade Unit
%
Intercept
2 m
From
921.4 m
To
923.4 m

Classification

Deposit Type
porphyry
Group ID
IDD-014:909.00-950.50
Mining Method
open_pit

QA/QC

Laboratory
SGS Mineral Services
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Compositing

Cutoff Grade
0.2
Cutoff Unit
%
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-06-13T00:00:00.000Z

Reasoning: A higher-grade copper sub-interval within a broader zone.

Evidence · table

“0.22”

Context: 2.00

IDD-014Iglika · copperGrade: 0.23Grade Unit: %Intercept: 2 mView all details
Link to this fact

Identity

Hole ID
IDD-014
Project
Iglika
Commodity
copper
Ticker
VLC

Geometry

Grade
0.23
Grade Unit
%
Intercept
2 m
From
931.5 m
To
933.5 m

Classification

Deposit Type
porphyry
Group ID
IDD-014:909.00-950.50
Mining Method
open_pit

QA/QC

Laboratory
SGS Mineral Services
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Compositing

Cutoff Grade
0.2
Cutoff Unit
%
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-06-13T00:00:00.000Z

Reasoning: A higher-grade copper sub-interval within a broader zone.

Evidence · table

“0.23”

Context: 2.00

IDD-016Iglika · copperGrade: 0.11Grade Unit: %Intercept: 3.7 mView all details
Link to this fact

Identity

Hole ID
IDD-016
Project
Iglika
Commodity
copper
Ticker
VLC

Geometry

Grade
0.11
Grade Unit
%
Intercept
3.7 m
From
92.3 m
To
96 m

Classification

Deposit Type
porphyry
Mining Method
open_pit

QA/QC

Laboratory
SGS Mineral Services
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Compositing

Cutoff Grade
0.1
Cutoff Unit
%
Dilution Disclosed
Yes
Max Dilution
6 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-06-13T00:00:00.000Z

Reasoning: A narrow intercept of low-grade copper.

Negative factors

  • low_copper_grades

Evidence · table

“0.11”

Context: 3.70

IDD-016Iglika · copperGrade: 0.11Grade Unit: %Intercept: 4 mView all details
Link to this fact

Identity

Hole ID
IDD-016
Project
Iglika
Commodity
copper
Ticker
VLC

Geometry

Grade
0.11
Grade Unit
%
Intercept
4 m
From
810.6 m
To
814.6 m

Classification

Deposit Type
porphyry
Mining Method
open_pit

QA/QC

Laboratory
SGS Mineral Services
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Compositing

Cutoff Grade
0.1
Cutoff Unit
%
Dilution Disclosed
Yes
Max Dilution
6 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-06-13T00:00:00.000Z

Reasoning: A narrow intercept of low-grade copper.

Negative factors

  • low_copper_grades

Evidence · table

“0.11”

Context: 4.00

IDD-007Iglika · copperGrade: 0.35Grade Unit: %Intercept: 1.4 mView all details
Link to this fact

Identity

Hole ID
IDD-007
Project
Iglika
Commodity
copper
Ticker
VLC

Geometry

Grade
0.35
Grade Unit
%
Intercept
1.4 m
From
709.6 m
To
711 m

Classification

Deposit Type
porphyry
Group ID
IDD-007:709.6-711
Mining Method
open_pit

QA/QC

Laboratory
SGS Mineral Services
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Compositing

Cutoff Grade
0.1
Cutoff Unit
%
Dilution Disclosed
Yes
Max Dilution
6 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-06-13T00:00:00.000Z

Reasoning: A very narrow intercept of moderate-grade copper.

Evidence · table

“0.35”

Context: 1.40

IDD-017Iglika · copperGrade: 0.11Grade Unit: %Intercept: 3 mView all details
Link to this fact

Identity

Hole ID
IDD-017
Project
Iglika
Commodity
copper
Ticker
VLC

Geometry

Grade
0.11
Grade Unit
%
Intercept
3 m
From
114.7 m
To
117.7 m

Classification

Deposit Type
porphyry
Mining Method
open_pit

QA/QC

Laboratory
SGS Mineral Services
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Compositing

Cutoff Grade
0.1
Cutoff Unit
%
Dilution Disclosed
Yes
Max Dilution
6 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-06-13T00:00:00.000Z

Reasoning: A narrow intercept of low-grade copper.

Negative factors

  • low_copper_grades

Evidence · table

“0.11”

Context: 3.00

IDD-017Iglika · copperGrade: 0.14Grade Unit: %Intercept: 3.8 mView all details
Link to this fact

Identity

Hole ID
IDD-017
Project
Iglika
Commodity
copper
Ticker
VLC

Geometry

Grade
0.14
Grade Unit
%
Intercept
3.8 m
From
145.7 m
To
149.5 m

Classification

Deposit Type
porphyry
Mining Method
open_pit

QA/QC

Laboratory
SGS Mineral Services
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Compositing

Cutoff Grade
0.1
Cutoff Unit
%
Dilution Disclosed
Yes
Max Dilution
6 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-06-13T00:00:00.000Z

Reasoning: A narrow intercept of low-grade copper.

Negative factors

  • low_copper_grades

Evidence · table

“0.14”

Context: 3.80

IDD-017Iglika · copperGrade: 0.11Grade Unit: %Intercept: 3 mView all details
Link to this fact

Identity

Hole ID
IDD-017
Project
Iglika
Commodity
copper
Ticker
VLC

Geometry

Grade
0.11
Grade Unit
%
Intercept
3 m
From
608.2 m
To
611.2 m

Classification

Deposit Type
porphyry
Mining Method
open_pit

QA/QC

Laboratory
SGS Mineral Services
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Compositing

Cutoff Grade
0.1
Cutoff Unit
%
Dilution Disclosed
Yes
Max Dilution
6 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-06-13T00:00:00.000Z

Reasoning: A narrow intercept of low-grade copper.

Negative factors

  • low_copper_grades

Evidence · table

“0.11”

Context: 3.00

IDD-008Iglika · copperGrade: 0.12Grade Unit: %Intercept: 3 mView all details
Link to this fact

Identity

Hole ID
IDD-008
Project
Iglika
Commodity
copper
Ticker
VLC

Geometry

Grade
0.12
Grade Unit
%
Intercept
3 m
From
406.6 m
To
409.6 m

Classification

Deposit Type
porphyry
Group ID
IDD-008:406.6-409.6
Mining Method
open_pit

QA/QC

Laboratory
SGS Mineral Services
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Compositing

Cutoff Grade
0.1
Cutoff Unit
%
Dilution Disclosed
Yes
Max Dilution
6 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-06-13T00:00:00.000Z

Reasoning: A narrow intercept of low-grade copper.

Negative factors

  • low_copper_grades

Evidence · table

“0.12”

Context: 3.00

IDD-008Iglika · copperGrade: 0.11Grade Unit: %Intercept: 5.6 mView all details
Link to this fact

Identity

Hole ID
IDD-008
Project
Iglika
Commodity
copper
Ticker
VLC

Geometry

Grade
0.11
Grade Unit
%
Intercept
5.6 m
From
427.6 m
To
433.2 m

Classification

Deposit Type
porphyry
Group ID
IDD-008:427.6-433.2
Mining Method
open_pit

QA/QC

Laboratory
SGS Mineral Services
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Compositing

Cutoff Grade
0.1
Cutoff Unit
%
Dilution Disclosed
Yes
Max Dilution
6 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-06-13T00:00:00.000Z

Reasoning: A narrow intercept of low-grade copper.

Negative factors

  • low_copper_grades

Evidence · table

“0.11”

Context: 5.60

IDD-008Iglika · copperGrade: 0.12Grade Unit: %Intercept: 9.2 mView all details
Link to this fact

Identity

Hole ID
IDD-008
Project
Iglika
Commodity
copper
Ticker
VLC

Geometry

Grade
0.12
Grade Unit
%
Intercept
9.2 m
From
446.4 m
To
455.6 m

Classification

Deposit Type
porphyry
Group ID
IDD-008:446.4-455.6
Mining Method
open_pit

QA/QC

Laboratory
SGS Mineral Services
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Compositing

Cutoff Grade
0.1
Cutoff Unit
%
Dilution Disclosed
Yes
Max Dilution
6 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-06-13T00:00:00.000Z

Reasoning: A moderate width intercept of low-grade copper.

Negative factors

  • low_copper_grades

Evidence · table

“0.12”

Context: 9.20

IDD-009Iglika · copperGrade: 0.12Grade Unit: %Intercept: 3 mView all details
Link to this fact

Identity

Hole ID
IDD-009
Project
Iglika
Commodity
copper
Ticker
VLC

Geometry

Grade
0.12
Grade Unit
%
Intercept
3 m
From
353.1 m
To
356.1 m

Classification

Deposit Type
porphyry
Group ID
IDD-009:353.1-356.1
Mining Method
open_pit

QA/QC

Laboratory
SGS Mineral Services
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Compositing

Cutoff Grade
0.1
Cutoff Unit
%
Dilution Disclosed
Yes
Max Dilution
6 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-06-13T00:00:00.000Z

Reasoning: A narrow intercept of low-grade copper.

Negative factors

  • low_copper_grades

Evidence · table

“0.12”

Context: 3.00

IDD-010Iglika · copperGrade: 0.11Grade Unit: %Intercept: 3 mView all details
Link to this fact

Identity

Hole ID
IDD-010
Project
Iglika
Commodity
copper
Ticker
VLC

Geometry

Grade
0.11
Grade Unit
%
Intercept
3 m
From
43.7 m
To
46.7 m

Classification

Deposit Type
porphyry
Group ID
IDD-010:43.7-46.7
Mining Method
open_pit

QA/QC

Laboratory
SGS Mineral Services
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Compositing

Cutoff Grade
0.1
Cutoff Unit
%
Dilution Disclosed
Yes
Max Dilution
6 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-06-13T00:00:00.000Z

Reasoning: A narrow intercept of low-grade copper.

Negative factors

  • low_copper_grades

Evidence · table

“0.11”

Context: 3.00

IDD-010Iglika · copperGrade: 0.13Grade Unit: %Intercept: 15.1 mView all details
Link to this fact

Identity

Hole ID
IDD-010
Project
Iglika
Commodity
copper
Ticker
VLC

Geometry

Grade
0.13
Grade Unit
%
Intercept
15.1 m
From
80.8 m
To
95.9 m

Classification

Deposit Type
porphyry
Group ID
IDD-010:80.80-95.90
Mining Method
open_pit

QA/QC

Laboratory
SGS Mineral Services
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Compositing

Cutoff Grade
0.1
Cutoff Unit
%
Dilution Disclosed
Yes
Max Dilution
6 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-06-13T00:00:00.000Z

Reasoning: A moderate width intercept of low-grade copper.

Negative factors

  • low_copper_grades

Evidence · table

“0.13”

Context: 15.10

IDD-010Iglika · copperGrade: 0.22Grade Unit: %Intercept: 2 mView all details
Link to this fact

Identity

Hole ID
IDD-010
Project
Iglika
Commodity
copper
Ticker
VLC

Geometry

Grade
0.22
Grade Unit
%
Intercept
2 m
From
89 m
To
91 m

Classification

Deposit Type
porphyry
Group ID
IDD-010:80.80-95.90
Mining Method
open_pit

QA/QC

Laboratory
SGS Mineral Services
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Compositing

Cutoff Grade
0.2
Cutoff Unit
%
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-06-13T00:00:00.000Z

Reasoning: A higher-grade copper sub-interval within a broader zone.

Evidence · table

“0.22”

Context: 2.00

IDD-010Iglika · copperGrade: 0.12Grade Unit: %Intercept: 7.2 mView all details
Link to this fact

Identity

Hole ID
IDD-010
Project
Iglika
Commodity
copper
Ticker
VLC

Geometry

Grade
0.12
Grade Unit
%
Intercept
7.2 m
From
103.2 m
To
110.4 m

Classification

Deposit Type
porphyry
Group ID
IDD-010:103.2-110.4
Mining Method
open_pit

QA/QC

Laboratory
SGS Mineral Services
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Compositing

Cutoff Grade
0.1
Cutoff Unit
%
Dilution Disclosed
Yes
Max Dilution
6 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-06-13T00:00:00.000Z

Reasoning: A moderate width intercept of low-grade copper.

Negative factors

  • low_copper_grades

Evidence · table

“0.12”

Context: 7.20

IDD-010Iglika · copperGrade: 0.34Grade Unit: %Intercept: 1.6 mView all details
Link to this fact

Identity

Hole ID
IDD-010
Project
Iglika
Commodity
copper
Ticker
VLC

Geometry

Grade
0.34
Grade Unit
%
Intercept
1.6 m
From
130.9 m
To
132.5 m

Classification

Deposit Type
porphyry
Group ID
IDD-010:130.9-132.5
Mining Method
open_pit

QA/QC

Laboratory
SGS Mineral Services
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Compositing

Cutoff Grade
0.1
Cutoff Unit
%
Dilution Disclosed
Yes
Max Dilution
6 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-06-13T00:00:00.000Z

Reasoning: A very narrow intercept of moderate-grade copper.

Evidence · table

“0.34”

Context: 1.60

IDD-008Iglika · goldGrade: 0.65Grade Unit: g/tIntercept: 4.7 mView all details
Link to this fact

Identity

Hole ID
IDD-008
Project
Iglika
Commodity
gold
Ticker
VLC

Geometry

Grade
0.65
Grade Unit
g/t
Intercept
4.7 m
From
363.3 m
To
368 m

Classification

Deposit Type
epithermal
Mining Method
underground

QA/QC

Laboratory
SGS Mineral Services
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Compositing

Cutoff Grade
0.5
Cutoff Unit
g/t
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-06-13T00:00:00.000Z

Reasoning: A narrow intercept of moderate-grade gold.

Evidence · table

“0.65”

Context: 4.70

IDD-009Iglika · goldGrade: 0.59Grade Unit: g/tIntercept: 4.3 mView all details
Link to this fact

Identity

Hole ID
IDD-009
Project
Iglika
Commodity
gold
Ticker
VLC

Geometry

Grade
0.59
Grade Unit
g/t
Intercept
4.3 m
From
472.1 m
To
476.4 m

Classification

Deposit Type
epithermal
Mining Method
underground

QA/QC

Laboratory
SGS Mineral Services
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Compositing

Cutoff Grade
0.5
Cutoff Unit
g/t
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-06-13T00:00:00.000Z

Reasoning: A narrow intercept of moderate-grade gold.

Evidence · table

“0.59”

Context: 4.30

IDD-011Iglika · goldGrade: 0.58Grade Unit: g/tIntercept: 1.1 mView all details
Link to this fact

Identity

Hole ID
IDD-011
Project
Iglika
Commodity
gold
Ticker
VLC

Geometry

Grade
0.58
Grade Unit
g/t
Intercept
1.1 m
From
84.4 m
To
85.5 m

Classification

Deposit Type
epithermal
Mining Method
underground

QA/QC

Laboratory
SGS Mineral Services
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Compositing

Cutoff Grade
0.5
Cutoff Unit
g/t
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-06-13T00:00:00.000Z

Reasoning: A very narrow intercept of moderate-grade gold.

Evidence · table

“0.58”

Context: 1.10

IDD-011Iglika · goldGrade: 0.56Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
IDD-011
Project
Iglika
Commodity
gold
Ticker
VLC

Geometry

Grade
0.56
Grade Unit
g/t
Intercept
1 m
From
96.8 m
To
97.8 m

Classification

Deposit Type
epithermal
Mining Method
underground

QA/QC

Laboratory
SGS Mineral Services
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Compositing

Cutoff Grade
0.5
Cutoff Unit
g/t
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-06-13T00:00:00.000Z

Reasoning: A very narrow intercept of moderate-grade gold.

Evidence · table

“0.56”

Context: 1.00

IDD-012Iglika · goldGrade: 1.35Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
IDD-012
Project
Iglika
Commodity
gold
Ticker
VLC

Geometry

Grade
1.35
Grade Unit
g/t
Intercept
1 m
From
22.1 m
To
23.1 m

Classification

Deposit Type
epithermal
Mining Method
underground

QA/QC

Laboratory
SGS Mineral Services
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Compositing

Cutoff Grade
0.5
Cutoff Unit
g/t
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-06-13T00:00:00.000Z

Reasoning: A very narrow intercept of moderate-grade gold.

Evidence · table

“1.35”

Context: 1.00

IDD-012Iglika · goldGrade: 2.03Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
IDD-012
Project
Iglika
Commodity
gold
Ticker
VLC

Geometry

Grade
2.03
Grade Unit
g/t
Intercept
1 m
From
71.5 m
To
72.5 m

Classification

Deposit Type
epithermal
Mining Method
underground

QA/QC

Laboratory
SGS Mineral Services
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Compositing

Cutoff Grade
0.5
Cutoff Unit
g/t
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-06-13T00:00:00.000Z

Reasoning: A very narrow intercept of strong-grade gold.

Evidence · table

“2.03”

Context: 1.00

IDD-013Iglika · goldGrade: 1.61Grade Unit: g/tIntercept: 3.3 mView all details
Link to this fact

Identity

Hole ID
IDD-013
Project
Iglika
Commodity
gold
Ticker
VLC

Geometry

Grade
1.61
Grade Unit
g/t
Intercept
3.3 m
From
19.2 m
To
22.5 m

Classification

Deposit Type
epithermal
Mining Method
underground

QA/QC

Laboratory
SGS Mineral Services
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Compositing

Cutoff Grade
0.5
Cutoff Unit
g/t
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-06-13T00:00:00.000Z

Reasoning: A narrow intercept of moderate-grade gold.

Evidence · table

“1.61”

Context: 3.30

Fact 62IglikaView all details
Link to this fact

Identity

Project
Iglika
Region
bulgaria
Reported Region
Bulgaria
Ticker
VLC

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-06-13T00:00:00.000Z

Reasoning: Permitting for the Iglika project is in progress, which is a necessary step for future drilling.

Positive factors

  • permitting_progress

Evidence · text

“The Iglika prospecting license is currently awaiting approval of an application for a two-year extension and once drill permitting is also completed, drilling of targets can begin.”
Fact 63Rozino · goldView all details
Link to this fact

Identity

Project
Rozino
Commodity
gold
Region
bulgaria
Reported Region
Bulgaria
Ticker
VLC

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-06-13T00:00:00.000Z

Reasoning: Consideration of selling the key Rozino gold deposit indicates a significant strategic shift, potentially due to funding or focus issues.

Negative factors

  • potential_divestment

Evidence · text

“The Company is considering various strategic alternatives including but not limited to the sale of the Rozino gold deposit (" Rozino ").”
includingIglika · copperGrade: 0.47Grade Unit: %Intercept: 4 mView all details
Link to this fact

Identity

Hole ID
including
Project
Iglika
Commodity
copper
Ticker
VLC

Geometry

Grade
0.47
Grade Unit
%
Intercept
4 m
From
99.5 m
To
103.5 m

Classification

Deposit Type
porphyry
Sample Type
drill
Group ID
including:99.5-103.5
Mining Method
open_pit

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-06-13T00:00:00.000Z

Reasoning: Expanded from assay table. 0.47 % copper is strong against the porphyry deposit band [0.8, 0.4, 0.25, 0.15] %. Grade×width 1.9 %·m is below (grade alone is strong; the better of the two is used).

Positive factors

  • 0.47 % copper is strong on the porphyry deposit band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.47”

Context: including

includingIglika · copperGrade: 0.26Grade Unit: %Intercept: 4.7 mView all details
Link to this fact

Identity

Hole ID
including
Project
Iglika
Commodity
copper
Ticker
VLC

Geometry

Grade
0.26
Grade Unit
%
Intercept
4.7 m
From
447.4 m
To
452.1 m

Classification

Deposit Type
porphyry
Sample Type
drill
Group ID
including:447.4-452.1
Mining Method
open_pit

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-06-13T00:00:00.000Z

Reasoning: Expanded from assay table. 0.26 % copper is moderate against the porphyry deposit band [0.8, 0.4, 0.25, 0.15] %. Grade×width 1.2 %·m is below (grade alone is moderate; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.26”

Context: including

includingIglika · copperGrade: 0.21Grade Unit: %Intercept: 2 mView all details
Link to this fact

Identity

Hole ID
including
Project
Iglika
Commodity
copper
Ticker
VLC

Geometry

Grade
0.21
Grade Unit
%
Intercept
2 m
From
458.7 m
To
460.7 m

Classification

Deposit Type
porphyry
Sample Type
drill
Group ID
including:458.7-460.7
Mining Method
open_pit

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-06-13T00:00:00.000Z

Reasoning: Expanded from assay table. 0.21 % copper is weak against the porphyry deposit band [0.8, 0.4, 0.25, 0.15] %. Grade×width 0.4 %·m is below (grade alone is weak; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.21”

Context: including

includingIglika · copperGrade: 0.37Grade Unit: %Intercept: 6 mView all details
Link to this fact

Identity

Hole ID
including
Project
Iglika
Commodity
copper
Ticker
VLC

Geometry

Grade
0.37
Grade Unit
%
Intercept
6 m
From
464.7 m
To
470.7 m

Classification

Deposit Type
porphyry
Sample Type
drill
Group ID
including:464.7-470.7
Mining Method
open_pit

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-06-13T00:00:00.000Z

Reasoning: Expanded from assay table. 0.37 % copper is moderate against the porphyry deposit band [0.8, 0.4, 0.25, 0.15] %. Grade×width 2.2 %·m is below (grade alone is moderate; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.37”

Context: including

includingIglika · copperGrade: 0.21Grade Unit: %Intercept: 24.5 mView all details
Link to this fact

Identity

Hole ID
including
Project
Iglika
Commodity
copper
Ticker
VLC

Geometry

Grade
0.21
Grade Unit
%
Intercept
24.5 m
From
476.4 m
To
500.9 m

Classification

Deposit Type
porphyry
Sample Type
drill
Group ID
including:476.4-500.9
Mining Method
open_pit

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-06-13T00:00:00.000Z

Reasoning: Expanded from assay table. 0.21 % copper is weak against the porphyry deposit band [0.8, 0.4, 0.25, 0.15] %. Grade×width 5.1 %·m is below (grade alone is weak; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.21”

Context: including

includingIglika · copperGrade: 0.38Grade Unit: %Intercept: 3 mView all details
Link to this fact

Identity

Hole ID
including
Project
Iglika
Commodity
copper
Ticker
VLC

Geometry

Grade
0.38
Grade Unit
%
Intercept
3 m
From
781.3 m
To
784.3 m

Classification

Deposit Type
porphyry
Sample Type
drill
Group ID
including:781.3-784.3
Mining Method
open_pit

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-06-13T00:00:00.000Z

Reasoning: Expanded from assay table. 0.38 % copper is moderate against the porphyry deposit band [0.8, 0.4, 0.25, 0.15] %. Grade×width 1.1 %·m is below (grade alone is moderate; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.38”

Context: including

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.