Visionary Copper and Gold Mines Receives Exploration Permits for Its High-Grade Copper and Gold Pine Bay Project in the Flin Flon Mining District, Manitoba
Original announcement by jmn on
- Company
- Visionary Copper and Gold Mines Inc.
- Ticker
- VCG
- Exchange
- TSXV
- Region
- Manitoba
- Primary commodity
- Copper
- Secondary commodities
- Gold, Zinc, Silver, Lead
- Document categories
- Permitting, Resource update
- Extracted
- 2026-10-20 14:19:01 UTC
Analysis by Minestarters Atlas
Atlas analysis published:
Minestarters Atlas analysis
Summary
Visionary Copper and Gold Mines has received two exploration work permits from the Province of Manitoba for its Pine Bay Project, valid until the end of 2028. The permits authorize diamond drilling, geophysics, and line cutting at the Rainbow and Alberts Lake properties. The company is also awaiting an Advanced Exploration Permit (AEP) to support potential early production via a bulk sample.
Reasoning: Receipt of exploration permits de-risks the ability to advance the Pine Bay project through 2028.
Positive factors
- Permits received allow for surface diamond drilling and geophysics
- Permits valid through December 31, 2028
- High-grade Rainbow deposit resource already established
- Proximity to existing Flin Flon infrastructure
Negative factors
- AEP application for ramp access remains pending
Facts used in scoring: 11
Classification and evidence
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: The resource estimate is explicitly stated as a maiden NI 43-101 Mineral Resource Estimate.
Evidence · text
“maiden NI 43-101 Mineral Resource Estimate”
Extracted facts
Stored fact records: 11. Some facts used in scoring do not have a stored record.
Resource Estimates (11)
indicatedPine Bay · copperTonnes: 3442000Grade: 3.14Grade Unit: %View all detailsHide details
Identity
- Project
- Pine Bay
- Commodity
- copper
- Region
- canada_mb
- Reported Region
- Manitoba
- Ticker
- VCG
Resource scope
- Estimate type
- resource
- Effective date
- 2023-08-24T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jason Flight
- Resource group id
- resource:ac821226ebc9b06151c2
- Deposit or zone
- Rainbow
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 3442000
- Grade
- 3.14
- Grade Unit
- %
- Cutoff Grade
- 1.3
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2023-08-24
Metal Equivalent
- Metal Eq. Grade
- 3.59
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-20T00:00:00.000Z
Reasoning: Strong indicated resource grade for a VMS deposit.
Positive factors
- High grade 3.59% CuEq
Evidence · table
“3.14”
Context: 3,442,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 3.2 years before this release
indicatedPine Bay · goldTonnes: 3442000Grade: 0.34Grade Unit: g/tView all detailsHide details
Identity
- Project
- Pine Bay
- Commodity
- gold
- Region
- canada_mb
- Reported Region
- Manitoba
- Ticker
- VCG
Resource scope
- Estimate type
- resource
- Effective date
- 2023-08-24T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jason Flight
- Resource group id
- resource:ac821226ebc9b06151c2
- Deposit or zone
- Rainbow
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 3442000
- Grade
- 0.34
- Grade Unit
- g/t
- Cutoff Grade
- 1.3
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2023-08-24
Metal Equivalent
- Metal Eq. Grade
- 3.59
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-20T00:00:00.000Z
Reasoning: Standard byproduct gold grade in a high-grade copper resource.
Evidence · table
“0.34”
Context: 3,442,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 3.2 years before this release
indicatedPine Bay · zincTonnes: 3442000Grade: 0.75Grade Unit: %View all detailsHide details
Identity
- Project
- Pine Bay
- Commodity
- zinc
- Region
- canada_mb
- Reported Region
- Manitoba
- Ticker
- VCG
Resource scope
- Estimate type
- resource
- Effective date
- 2023-08-24T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jason Flight
- Resource group id
- resource:ac821226ebc9b06151c2
- Deposit or zone
- Rainbow
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 3442000
- Grade
- 0.75
- Grade Unit
- %
- Cutoff Grade
- 1.3
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2023-08-24
Metal Equivalent
- Metal Eq. Grade
- 3.59
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-20T00:00:00.000Z
Reasoning: Standard byproduct zinc grade.
Evidence · table
“0.75”
Context: 3,442,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 3.2 years before this release
indicatedPine Bay · silverTonnes: 3442000Grade: 6.26Grade Unit: g/tView all detailsHide details
Identity
- Project
- Pine Bay
- Commodity
- silver
- Region
- canada_mb
- Reported Region
- Manitoba
- Ticker
- VCG
Resource scope
- Estimate type
- resource
- Effective date
- 2023-08-24T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jason Flight
- Resource group id
- resource:ac821226ebc9b06151c2
- Deposit or zone
- Rainbow
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 3442000
- Grade
- 6.26
- Grade Unit
- g/t
- Cutoff Grade
- 1.3
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2023-08-24
Metal Equivalent
- Metal Eq. Grade
- 3.59
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-20T00:00:00.000Z
Reasoning: Standard byproduct silver grade.
Evidence · table
“6.26”
Context: 3,442,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 3.2 years before this release
indicatedPine Bay · leadTonnes: 3442000Grade: 0.03Grade Unit: %View all detailsHide details
Identity
- Project
- Pine Bay
- Commodity
- lead
- Region
- canada_mb
- Reported Region
- Manitoba
- Ticker
- VCG
Resource scope
- Estimate type
- resource
- Effective date
- 2023-08-24T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jason Flight
- Resource group id
- resource:ac821226ebc9b06151c2
- Deposit or zone
- Rainbow
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 3442000
- Grade
- 0.03
- Grade Unit
- %
- Cutoff Grade
- 1.3
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2023-08-24
Metal Equivalent
- Metal Eq. Grade
- 3.59
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-20T00:00:00.000Z
Reasoning: Trace lead content.
Evidence · table
“0.03”
Context: 3,442,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 3.2 years before this release
inferredPine Bay · copperTonnes: 1282000Grade: 2.55Grade Unit: %View all detailsHide details
Identity
- Project
- Pine Bay
- Commodity
- copper
- Region
- canada_mb
- Reported Region
- Manitoba
- Ticker
- VCG
Resource scope
- Estimate type
- resource
- Effective date
- 2023-08-24T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jason Flight
- Resource group id
- resource:2fff1afbce9867e0f1ac
- Deposit or zone
- Rainbow
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 1282000
- Grade
- 2.55
- Grade Unit
- %
- Cutoff Grade
- 1.3
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2023-08-24
Metal Equivalent
- Metal Eq. Grade
- 2.95
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-20T00:00:00.000Z
Reasoning: High grade inferred resource.
Evidence · table
“2.55”
Context: 1,282,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 3.2 years before this release
inferredPine Bay · goldTonnes: 1282000Grade: 0.27Grade Unit: g/tView all detailsHide details
Identity
- Project
- Pine Bay
- Commodity
- gold
- Region
- canada_mb
- Reported Region
- Manitoba
- Ticker
- VCG
Resource scope
- Estimate type
- resource
- Effective date
- 2023-08-24T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jason Flight
- Resource group id
- resource:2fff1afbce9867e0f1ac
- Deposit or zone
- Rainbow
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 1282000
- Grade
- 0.27
- Grade Unit
- g/t
- Cutoff Grade
- 1.3
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2023-08-24
Metal Equivalent
- Metal Eq. Grade
- 2.95
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-20T00:00:00.000Z
Reasoning: Byproduct gold grade.
Evidence · table
“0.27”
Context: 1,282,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 3.2 years before this release
inferredPine Bay · zincTonnes: 1282000Grade: 0.69Grade Unit: %View all detailsHide details
Identity
- Project
- Pine Bay
- Commodity
- zinc
- Region
- canada_mb
- Reported Region
- Manitoba
- Ticker
- VCG
Resource scope
- Estimate type
- resource
- Effective date
- 2023-08-24T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jason Flight
- Resource group id
- resource:2fff1afbce9867e0f1ac
- Deposit or zone
- Rainbow
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 1282000
- Grade
- 0.69
- Grade Unit
- %
- Cutoff Grade
- 1.3
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2023-08-24
Metal Equivalent
- Metal Eq. Grade
- 2.95
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-20T00:00:00.000Z
Reasoning: Byproduct zinc grade.
Evidence · table
“0.69”
Context: 1,282,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 3.2 years before this release
inferredPine Bay · silverTonnes: 1282000Grade: 5.39Grade Unit: g/tView all detailsHide details
Identity
- Project
- Pine Bay
- Commodity
- silver
- Region
- canada_mb
- Reported Region
- Manitoba
- Ticker
- VCG
Resource scope
- Estimate type
- resource
- Effective date
- 2023-08-24T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jason Flight
- Resource group id
- resource:2fff1afbce9867e0f1ac
- Deposit or zone
- Rainbow
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 1282000
- Grade
- 5.39
- Grade Unit
- g/t
- Cutoff Grade
- 1.3
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2023-08-24
Metal Equivalent
- Metal Eq. Grade
- 2.95
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-20T00:00:00.000Z
Reasoning: Byproduct silver grade.
Evidence · table
“5.39”
Context: 1,282,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 3.2 years before this release
inferredPine Bay · leadTonnes: 1282000Grade: 0.03Grade Unit: %View all detailsHide details
Identity
- Project
- Pine Bay
- Commodity
- lead
- Region
- canada_mb
- Reported Region
- Manitoba
- Ticker
- VCG
Resource scope
- Estimate type
- resource
- Effective date
- 2023-08-24T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jason Flight
- Resource group id
- resource:2fff1afbce9867e0f1ac
- Deposit or zone
- Rainbow
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 1282000
- Grade
- 0.03
- Grade Unit
- %
- Cutoff Grade
- 1.3
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2023-08-24
Metal Equivalent
- Metal Eq. Grade
- 2.95
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-20T00:00:00.000Z
Reasoning: Trace lead content.
Evidence · table
“0.03”
Context: 1,282,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 3.2 years before this release
inferredPine Bay · copperTonnes: 1006000Grade: 2.62Grade Unit: %View all detailsHide details
Identity
- Project
- Pine Bay
- Commodity
- copper
- Region
- canada_mb
- Reported Region
- Manitoba
- Ticker
- VCG
Resource scope
- Estimate type
- resource
- Effective date
- 2023-08-24T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jason Flight
- Resource group id
- resource:a4da3d9329e4ac24993a
- Deposit or zone
- Pine Bay
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 1006000
- Grade
- 2.62
- Grade Unit
- %
- Cutoff Grade
- 1.3
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2023-08-24
Metal Equivalent
- Metal Eq. Grade
- 2.62
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-20T00:00:00.000Z
Reasoning: High grade inferred resource at Pine Bay deposit.
Evidence · table
“2.62”
Context: 1,006,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 3.2 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.