# Vizsla Royalties Provides Update on Principal Asset Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1 Original source: https://money.tmx.com/en/quote/VROY/news/8480011010849606/vizsla-royalties-provides-update-on-principal-asset Publisher: tmx Original announcement: 2025-01-08T14:13:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Vizsla Royalties Corp. - Ticker: VROY - Exchange: TSX - Region: Western Mexico - Primary commodity: Silver - Secondary commodities: Gold, Lead, Zinc - Document categories: Resource update - Extracted: 2026-08-21 09:01:04 UTC Narrative sentiment: 0.90 · Bullish ## Minestarters Atlas summary Vizsla Royalties announced a significant update on its principal asset, the Panuco silver-gold project, reporting a substantial increase in its mineral resource estimate. The updated estimate shows a 43% increase in combined Measured and Indicated silver equivalent ounces to 222.4 Moz, with an average grade of 534 g/t AgEq. Notably, this includes the first-ever Measured resource of 46 Moz AgEq at 640 g/t AgEq, significantly de-risking the project. Reasoning: The updated Mineral Resource Estimate for the Panuco project shows a substantial 43% increase in combined Measured and Indicated silver equivalent ounces, including the first Measured resource, and an increase in average grade, which significantly de-risks the principal asset. While inferred resources saw a decrease in tonnage and grade, this was largely due to conversion to higher confidence categories. - Positive factor: Category Upgrade - Positive factor: Tonnage Growth - Positive factor: Grade Improvement - Positive factor: Contained Metal Growth - Positive factor: QP/CP Signed - Positive factor: NI 43-101 Compliant - Positive factor: Cut-off Disclosed - Positive factor: PEA-Supporting - Negative factor: Inferred Grade Decline - Negative factor: Inferred Tonnage Decline Low confidence — this extraction should be reviewed alongside the original source. Facts used in scoring: 168 ## Classification and evidence **Measured Resource** Polarity: positive Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves. Why it applies: The updated MRE includes the first-ever Measured resource estimate, containing 46 Moz AgEq at an exceptional average grade of 640 g/t AgEq. Evidence · text > Vizsla Silver announced its first-ever measured resource estimate, containing 46 Moz at an exceptional average grade of 640 g/t AgEq **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: The combined Measured and Indicated mineral resources total an impressive 222.4 Moz AgEq at an average grade of 534 g/t AgEq. Evidence · text > measured and indicated resources now totaling an impressive 222.4 Moz AgEq at an average grade of 534 g/t AgEq **Category Upgrade** Polarity: positive Definition: Resource confidence improved — Inferred upgraded to Indicated, or Indicated to Measured. De-risking signal. Why it applies: The update shows a 43% increase in combined measured and indicated mineral resources and added 46 Moz AgEq in new measured resources and 176 Moz AgEq in new indicated resources. Evidence · text > 43% increase in combined measured and indicated mineral resources from 155.8 to 222.4 Moz AgEq Added 46 Moz AgEq in new measured resources and 176 Moz AgEq in new indicated resources **Tonnage Growth** Polarity: positive Definition: Significant tonnage increase \(≥15%\) vs prior estimate with grade maintained or improved. Why it applies: The combined Measured and Indicated mineral resources increased by 43% from 155.8 to 222.4 Moz AgEq. Evidence · text > 43% increase in combined measured and indicated mineral resources from 155.8 to 222.4 Moz AgEq **Grade Improvement** Polarity: positive Definition: Average resource grade improved vs prior estimate — better deposit economics. Why it applies: The update shows a 9.4% increase in combined measured and indicated grade at Copala and a 4.5% increase in global indicated grade. Evidence · text > 9.4% increase in combined measured and indicated grade at Copala \(580 g/t to 635 g/t AgEq\) 4.5% increase in global indicated grade \(511 g/t to 534 g/t AgEq\) **Contained Metal Growth** Polarity: positive Definition: True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes. Why it applies: The update highlights a 43% increase in contained ounces for the combined Measured and Indicated resources. Evidence · text > This marks a 43% increase in contained ounces **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: Jesus Velador, Ph.D. MMSA QP, is named as the independent Qualified Person who reviewed and approved the technical and scientific content. Evidence · text > Jesus Velador, Ph.D. MMSA QP, is the independent Qualified Person who has reviewed and approved the technical and scientific content of this news release. **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: The resource estimate is stated to be in accordance with NI 43-101. Evidence · text > In accordance with NI 43-101, Jesus Velador, Ph.D. MMSA QP **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: The resource summary table explicitly states a '150 g/t AgEq cut-off'. Evidence · table > 150 g/t AgEq cut-off **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: A Preliminary Economic Study for Panuco was published in July 2024, indicating the resource estimate supports economic studies. Evidence · text > A Preliminary Economic Study for Panuco was published in July 2024 **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: The update reports an Inferred mineral resource of 138.7 Moz AgEq grading 412 g/t AgEq. Evidence · text > Inferred mineral resource of 138.7 Moz AgEq grading 412 g/t AgEq **Grade Decline** Polarity: negative Definition: Average grade dropped >5% vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling. Why it applies: The inferred grade decreased by 4.9% from 433 g/t to 412 g/t AgEq. Evidence · text > 4.9% decrease in inferred grade \(433 g/t to 412 g/t AgEq\) **Tonnage Decline** Polarity: negative Definition: Resource tonnage decreased vs prior estimate — pit optimization removed marginal material or geological model revised down. Why it applies: The inferred mineral resources decreased by 18% from 169.6 to 138.7 Moz AgEq, mostly due to conversion to indicated resources. Evidence · text > 18% decrease in inferred mineral resources from 169.6 to 138.7 Moz AgEq mostly due to conversion to indicated resources **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: The document provides an update on the mineral resource estimate for the Panuco project. Evidence · text > updated mineral resource for Panuco ## Extracted facts Stored fact records: 168. Some facts used in scoring do not have a stored record. ## Resource Estimates (168) ### measured [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-0) Panuco · silver #### Identity - Project: Panuco - Commodity: silver - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: measured - Tonnes: 1880000 - Grade: 442 - Grade Unit: g/t - Contained Metal: 26744 - Contained Unit: koz - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: High-grade silver in the first-ever Measured resource for the Copala vein, contributing significantly to the overall resource confidence. - Positive factor: Measured Resource - Positive factor: High Grade - Positive factor: Contained Metal Growth Evidence · table > 442 Context: 1.88 ### measured [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-1) Panuco · gold #### Identity - Project: Panuco - Commodity: gold - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: measured - Tonnes: 1880000 - Grade: 3.09 - Grade Unit: g/t - Contained Metal: 187 - Contained Unit: koz - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Strong gold grade in the first-ever Measured resource for the Copala vein, adding value to the overall resource. - Positive factor: Measured Resource - Positive factor: Strong Grade Evidence · table > 3.09 Context: 1.88 ### measured [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-2) Panuco · lead #### Identity - Project: Panuco - Commodity: lead - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: measured - Tonnes: 1880000 - Grade: 0.08 - Grade Unit: % - Contained Metal: 1.4 - Contained Unit: kt - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Trace lead grade in the Measured resource for the Copala vein, contributing to polymetallic nature. Evidence · table > 0.08 Context: 1.88 ### measured [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-3) Panuco · zinc #### Identity - Project: Panuco - Commodity: zinc - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: measured - Tonnes: 1880000 - Grade: 0.15 - Grade Unit: % - Contained Metal: 2.9 - Contained Unit: kt - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Trace zinc grade in the Measured resource for the Copala vein, contributing to polymetallic nature. Evidence · table > 0.15 Context: 1.88 ### measured [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-4) Panuco · silver #### Identity - Project: Panuco - Commodity: silver - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: measured - Tonnes: 1880000 - Grade: 684 - Grade Unit: g/t AgEq - Contained Metal: 41418 - Contained Unit: koz - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Exceptional silver equivalent grade in the first-ever Measured resource for the Copala vein, highlighting significant overall value. - Positive factor: Measured Resource - Positive factor: High Grade - Positive factor: Contained Metal Growth Evidence · table > 684 Context: 1.88 ### measured [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-5) Panuco · gold #### Identity - Project: Panuco - Commodity: gold - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: measured - Tonnes: 1880000 - Grade: 8.92 - Grade Unit: g/t AuEq - Contained Metal: 540 - Contained Unit: koz - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Strong gold equivalent grade in the first-ever Measured resource for the Copala vein, indicating significant overall value. - Positive factor: Measured Resource - Positive factor: Strong Grade - Positive factor: Contained Metal Growth Evidence · table > 8.92 Context: 1.88 ### measured [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-6) Panuco · silver #### Identity - Project: Panuco - Commodity: silver - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: measured - Tonnes: 360000 - Grade: 161 - Grade Unit: g/t - Contained Metal: 1853 - Contained Unit: koz - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Moderate silver grade in the first-ever Measured resource for the Napoleon vein. - Positive factor: Measured Resource Evidence · table > 161 Context: 0.36 ### measured [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-7) Panuco · gold #### Identity - Project: Panuco - Commodity: gold - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: measured - Tonnes: 360000 - Grade: 2.34 - Grade Unit: g/t - Contained Metal: 27 - Contained Unit: koz - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Strong gold grade in the first-ever Measured resource for the Napoleon vein. - Positive factor: Measured Resource - Positive factor: Strong Grade Evidence · table > 2.34 Context: 0.36 ### measured [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-8) Panuco · lead #### Identity - Project: Panuco - Commodity: lead - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: measured - Tonnes: 360000 - Grade: 0.51 - Grade Unit: % - Contained Metal: 1.8 - Contained Unit: kt - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Moderate lead grade in the Measured resource for the Napoleon vein. Evidence · table > 0.51 Context: 0.36 ### measured [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-9) Panuco · zinc #### Identity - Project: Panuco - Commodity: zinc - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: measured - Tonnes: 360000 - Grade: 1.41 - Grade Unit: % - Contained Metal: 5.1 - Contained Unit: kt - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Moderate zinc grade in the Measured resource for the Napoleon vein. Evidence · table > 1.41 Context: 0.36 ### measured [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-10) Panuco · silver #### Identity - Project: Panuco - Commodity: silver - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: measured - Tonnes: 360000 - Grade: 404 - Grade Unit: g/t AgEq - Contained Metal: 4638 - Contained Unit: koz - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Strong silver equivalent grade in the first-ever Measured resource for the Napoleon vein. - Positive factor: Measured Resource - Positive factor: Strong Grade Evidence · table > 404 Context: 0.36 ### measured [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-11) Panuco · gold #### Identity - Project: Panuco - Commodity: gold - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: measured - Tonnes: 360000 - Grade: 4.55 - Grade Unit: g/t AuEq - Contained Metal: 52 - Contained Unit: koz - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Strong gold equivalent grade in the first-ever Measured resource for the Napoleon vein. - Positive factor: Measured Resource - Positive factor: Strong Grade Evidence · table > 4.55 Context: 0.36 ### measured [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-12) Panuco · silver #### Identity - Project: Panuco - Commodity: silver - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: measured - Tonnes: 2240000 - Grade: 397 - Grade Unit: g/t - Contained Metal: 28597 - Contained Unit: koz - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Overall high-grade silver in the first-ever Measured resource, significantly de-risking the project. - Positive factor: Measured Resource - Positive factor: High Grade - Positive factor: Contained Metal Growth Evidence · table > 397 Context: 2.24 ### measured [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-13) Panuco · gold #### Identity - Project: Panuco - Commodity: gold - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: measured - Tonnes: 2240000 - Grade: 2.97 - Grade Unit: g/t - Contained Metal: 214 - Contained Unit: koz - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Overall strong gold grade in the first-ever Measured resource, adding significant value. - Positive factor: Measured Resource - Positive factor: Strong Grade - Positive factor: Contained Metal Growth Evidence · table > 2.97 Context: 2.24 ### measured [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-14) Panuco · lead #### Identity - Project: Panuco - Commodity: lead - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: measured - Tonnes: 2240000 - Grade: 0.15 - Grade Unit: % - Contained Metal: 3.3 - Contained Unit: kt - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Trace lead grade in the overall Measured resource. Evidence · table > 0.15 Context: 2.24 ### measured [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-15) Panuco · zinc #### Identity - Project: Panuco - Commodity: zinc - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: measured - Tonnes: 2240000 - Grade: 0.35 - Grade Unit: % - Contained Metal: 7.9 - Contained Unit: kt - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Trace zinc grade in the overall Measured resource. Evidence · table > 0.35 Context: 2.24 ### measured [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-16) Panuco · silver Historical result Needs review: historical\_restatement #### Identity - Project: Panuco - Commodity: silver - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: measured - Tonnes: 2240000 - Grade: 640 - Grade Unit: g/t AgEq - Contained Metal: 46056 - Contained Unit: koz - Cutoff Grade: 150 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Exceptional silver equivalent grade in the first-ever Measured resource, significantly enhancing project confidence and value. - Positive factor: Measured Resource - Positive factor: Exceptional Grade - Positive factor: Contained Metal Growth Evidence · table > 640 Context: 2.24 ### measured [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-17) Panuco · gold #### Identity - Project: Panuco - Commodity: gold - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: measured - Tonnes: 2240000 - Grade: 8.22 - Grade Unit: g/t AuEq - Contained Metal: 592 - Contained Unit: koz - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Exceptional gold equivalent grade in the first-ever Measured resource, significantly enhancing project confidence and value. - Positive factor: Measured Resource - Positive factor: Exceptional Grade - Positive factor: Contained Metal Growth Evidence · table > 8.22 Context: 2.24 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-18) Panuco · silver #### Identity - Project: Panuco - Commodity: silver - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: indicated - Tonnes: 4290000 - Grade: 402 - Grade Unit: g/t - Contained Metal: 55374 - Contained Unit: koz - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: High-grade silver in the Indicated resource for the Copala vein, contributing to significant contained metal. - Positive factor: Indicated Resource - Positive factor: High Grade - Positive factor: Contained Metal Growth Evidence · table > 402 Context: 4.29 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-19) Panuco · gold #### Identity - Project: Panuco - Commodity: gold - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: indicated - Tonnes: 4290000 - Grade: 2.5 - Grade Unit: g/t - Contained Metal: 345 - Contained Unit: koz - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Strong gold grade in the Indicated resource for the Copala vein, adding significant value. - Positive factor: Indicated Resource - Positive factor: Strong Grade Evidence · table > 2.50 Context: 4.29 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-20) Panuco · lead #### Identity - Project: Panuco - Commodity: lead - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: indicated - Tonnes: 4290000 - Grade: 0.09 - Grade Unit: % - Contained Metal: 3.8 - Contained Unit: kt - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Trace lead grade in the Indicated resource for the Copala vein. Evidence · table > 0.09 Context: 4.29 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-21) Panuco · zinc #### Identity - Project: Panuco - Commodity: zinc - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: indicated - Tonnes: 4290000 - Grade: 0.17 - Grade Unit: % - Contained Metal: 7.2 - Contained Unit: kt - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Trace zinc grade in the Indicated resource for the Copala vein. Evidence · table > 0.17 Context: 4.29 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-22) Panuco · silver #### Identity - Project: Panuco - Commodity: silver - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: indicated - Tonnes: 4290000 - Grade: 600 - Grade Unit: g/t AgEq - Contained Metal: 82781 - Contained Unit: koz - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Exceptional silver equivalent grade in the Indicated resource for the Copala vein, contributing to significant contained metal. - Positive factor: Indicated Resource - Positive factor: Exceptional Grade - Positive factor: Contained Metal Growth Evidence · table > 600 Context: 4.29 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-23) Panuco · gold #### Identity - Project: Panuco - Commodity: gold - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: indicated - Tonnes: 4290000 - Grade: 7.8 - Grade Unit: g/t AuEq - Contained Metal: 1076 - Contained Unit: koz - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Exceptional gold equivalent grade in the Indicated resource for the Copala vein, contributing to significant contained metal. - Positive factor: Indicated Resource - Positive factor: Exceptional Grade - Positive factor: Contained Metal Growth Evidence · table > 7.80 Context: 4.29 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-24) Panuco · silver #### Identity - Project: Panuco - Commodity: silver - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: indicated - Tonnes: 720000 - Grade: 380 - Grade Unit: g/t - Contained Metal: 8833 - Contained Unit: koz - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: High-grade silver in the Indicated resource for the Tajitos vein. - Positive factor: Indicated Resource - Positive factor: High Grade Evidence · table > 380 Context: 0.72 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-25) Panuco · gold #### Identity - Project: Panuco - Commodity: gold - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: indicated - Tonnes: 720000 - Grade: 2.34 - Grade Unit: g/t - Contained Metal: 55 - Contained Unit: koz - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Strong gold grade in the Indicated resource for the Tajitos vein. - Positive factor: Indicated Resource - Positive factor: Strong Grade Evidence · table > 2.34 Context: 0.72 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-26) Panuco · lead #### Identity - Project: Panuco - Commodity: lead - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: indicated - Tonnes: 720000 - Grade: 0.14 - Grade Unit: % - Contained Metal: 1 - Contained Unit: kt - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Trace lead grade in the Indicated resource for the Tajitos vein. Evidence · table > 0.14 Context: 0.72 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-27) Panuco · zinc #### Identity - Project: Panuco - Commodity: zinc - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: indicated - Tonnes: 720000 - Grade: 0.25 - Grade Unit: % - Contained Metal: 1.8 - Contained Unit: kt - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Trace zinc grade in the Indicated resource for the Tajitos vein. Evidence · table > 0.25 Context: 0.72 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-28) Panuco · silver #### Identity - Project: Panuco - Commodity: silver - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: indicated - Tonnes: 720000 - Grade: 571 - Grade Unit: g/t AgEq - Contained Metal: 13277 - Contained Unit: koz - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Exceptional silver equivalent grade in the Indicated resource for the Tajitos vein. - Positive factor: Indicated Resource - Positive factor: Exceptional Grade Evidence · table > 571 Context: 0.72 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-29) Panuco · gold #### Identity - Project: Panuco - Commodity: gold - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: indicated - Tonnes: 720000 - Grade: 7.36 - Grade Unit: g/t AuEq - Contained Metal: 171 - Contained Unit: koz - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Exceptional gold equivalent grade in the Indicated resource for the Tajitos vein. - Positive factor: Indicated Resource - Positive factor: Exceptional Grade Evidence · table > 7.36 Context: 0.72 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-30) Panuco · silver #### Identity - Project: Panuco - Commodity: silver - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: indicated - Tonnes: 360000 - Grade: 610 - Grade Unit: g/t - Contained Metal: 7102 - Contained Unit: koz - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Exceptional silver grade in the Indicated resource for the Cristiano vein. - Positive factor: Indicated Resource - Positive factor: Exceptional Grade Evidence · table > 610 Context: 0.36 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-31) Panuco · gold #### Identity - Project: Panuco - Commodity: gold - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: indicated - Tonnes: 360000 - Grade: 3.67 - Grade Unit: g/t - Contained Metal: 43 - Contained Unit: koz - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Strong gold grade in the Indicated resource for the Cristiano vein. - Positive factor: Indicated Resource - Positive factor: Strong Grade Evidence · table > 3.67 Context: 0.36 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-32) Panuco · lead #### Identity - Project: Panuco - Commodity: lead - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: indicated - Tonnes: 360000 - Grade: 0.25 - Grade Unit: % - Contained Metal: 0.9 - Contained Unit: kt - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Trace lead grade in the Indicated resource for the Cristiano vein. Evidence · table > 0.25 Context: 0.36 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-33) Panuco · zinc #### Identity - Project: Panuco - Commodity: zinc - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: indicated - Tonnes: 360000 - Grade: 0.45 - Grade Unit: % - Contained Metal: 1.6 - Contained Unit: kt - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Trace zinc grade in the Indicated resource for the Cristiano vein. Evidence · table > 0.45 Context: 0.36 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-34) Panuco · silver #### Identity - Project: Panuco - Commodity: silver - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: indicated - Tonnes: 360000 - Grade: 912 - Grade Unit: g/t AgEq - Contained Metal: 10614 - Contained Unit: koz - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Exceptional silver equivalent grade in the Indicated resource for the Cristiano vein. - Positive factor: Indicated Resource - Positive factor: Exceptional Grade Evidence · table > 912 Context: 0.36 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-35) Panuco · gold #### Identity - Project: Panuco - Commodity: gold - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: indicated - Tonnes: 360000 - Grade: 11.73 - Grade Unit: g/t AuEq - Contained Metal: 137 - Contained Unit: koz - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Exceptional gold equivalent grade in the Indicated resource for the Cristiano vein. - Positive factor: Indicated Resource - Positive factor: Exceptional Grade Evidence · table > 11.73 Context: 0.36 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-36) Panuco · silver #### Identity - Project: Panuco - Commodity: silver - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: indicated - Tonnes: 5370000 - Grade: 413 - Grade Unit: g/t - Contained Metal: 71309 - Contained Unit: koz - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Overall high-grade silver in the Indicated resource for the Copala Area, contributing to significant contained metal. - Positive factor: Indicated Resource - Positive factor: High Grade - Positive factor: Contained Metal Growth Evidence · table > 413 Context: 5.37 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-37) Panuco · gold #### Identity - Project: Panuco - Commodity: gold - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: indicated - Tonnes: 5370000 - Grade: 2.56 - Grade Unit: g/t - Contained Metal: 443 - Contained Unit: koz - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Overall strong gold grade in the Indicated resource for the Copala Area, adding significant value. - Positive factor: Indicated Resource - Positive factor: Strong Grade - Positive factor: Contained Metal Growth Evidence · table > 2.56 Context: 5.37 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-38) Panuco · lead #### Identity - Project: Panuco - Commodity: lead - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: indicated - Tonnes: 5370000 - Grade: 0.11 - Grade Unit: % - Contained Metal: 5.7 - Contained Unit: kt - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Trace lead grade in the Indicated resource for the Copala Area. Evidence · table > 0.11 Context: 5.37 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-39) Panuco · zinc #### Identity - Project: Panuco - Commodity: zinc - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: indicated - Tonnes: 5370000 - Grade: 0.2 - Grade Unit: % - Contained Metal: 10.6 - Contained Unit: kt - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Trace zinc grade in the Indicated resource for the Copala Area. Evidence · table > 0.20 Context: 5.37 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-40) Panuco · silver #### Identity - Project: Panuco - Commodity: silver - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: indicated - Tonnes: 5370000 - Grade: 617 - Grade Unit: g/t AgEq - Contained Metal: 106672 - Contained Unit: koz - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Exceptional silver equivalent grade in the Indicated resource for the Copala Area, contributing to significant contained metal. - Positive factor: Indicated Resource - Positive factor: Exceptional Grade - Positive factor: Contained Metal Growth Evidence · table > 617 Context: 5.37 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-41) Panuco · gold #### Identity - Project: Panuco - Commodity: gold - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: indicated - Tonnes: 5370000 - Grade: 8.01 - Grade Unit: g/t AuEq - Contained Metal: 1384 - Contained Unit: koz - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Exceptional gold equivalent grade in the Indicated resource for the Copala Area, contributing to significant contained metal. - Positive factor: Indicated Resource - Positive factor: Exceptional Grade - Positive factor: Contained Metal Growth Evidence · table > 8.01 Context: 5.37 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-42) Panuco · silver #### Identity - Project: Panuco - Commodity: silver - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: indicated - Tonnes: 3780000 - Grade: 150 - Grade Unit: g/t - Contained Metal: 18184 - Contained Unit: koz - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Moderate silver grade in the Indicated resource for the Napoleon vein. - Positive factor: Indicated Resource Evidence · table > 150 Context: 3.78 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-43) Panuco · gold #### Identity - Project: Panuco - Commodity: gold - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: indicated - Tonnes: 3780000 - Grade: 2.25 - Grade Unit: g/t - Contained Metal: 273 - Contained Unit: koz - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Strong gold grade in the Indicated resource for the Napoleon vein. - Positive factor: Indicated Resource - Positive factor: Strong Grade Evidence · table > 2.25 Context: 3.78 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-44) Panuco · lead #### Identity - Project: Panuco - Commodity: lead - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: indicated - Tonnes: 3780000 - Grade: 0.52 - Grade Unit: % - Contained Metal: 19.4 - Contained Unit: kt - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Moderate lead grade in the Indicated resource for the Napoleon vein. Evidence · table > 0.52 Context: 3.78 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-45) Panuco · zinc #### Identity - Project: Panuco - Commodity: zinc - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: indicated - Tonnes: 3780000 - Grade: 1.78 - Grade Unit: % - Contained Metal: 67.2 - Contained Unit: kt - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Moderate zinc grade in the Indicated resource for the Napoleon vein. Evidence · table > 1.78 Context: 3.78 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-46) Panuco · silver #### Identity - Project: Panuco - Commodity: silver - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: indicated - Tonnes: 3780000 - Grade: 399 - Grade Unit: g/t AgEq - Contained Metal: 48404 - Contained Unit: koz - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Strong silver equivalent grade in the Indicated resource for the Napoleon vein. - Positive factor: Indicated Resource - Positive factor: Strong Grade Evidence · table > 399 Context: 3.78 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-47) Panuco · gold #### Identity - Project: Panuco - Commodity: gold - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: indicated - Tonnes: 3780000 - Grade: 4.32 - Grade Unit: g/t AuEq - Contained Metal: 525 - Contained Unit: koz - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Strong gold equivalent grade in the Indicated resource for the Napoleon vein. - Positive factor: Indicated Resource - Positive factor: Strong Grade Evidence · table > 4.32 Context: 3.78 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-48) Panuco · silver #### Identity - Project: Panuco - Commodity: silver - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: indicated - Tonnes: 990000 - Grade: 217 - Grade Unit: g/t - Contained Metal: 6885 - Contained Unit: koz - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Strong silver grade in the Indicated resource for the Napoleon HW vein. - Positive factor: Indicated Resource - Positive factor: Strong Grade Evidence · table > 217 Context: 0.99 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-49) Panuco · gold #### Identity - Project: Panuco - Commodity: gold - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: indicated - Tonnes: 990000 - Grade: 2.09 - Grade Unit: g/t - Contained Metal: 66 - Contained Unit: koz - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Strong gold grade in the Indicated resource for the Napoleon HW vein. - Positive factor: Indicated Resource - Positive factor: Strong Grade Evidence · table > 2.09 Context: 0.99 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-50) Panuco · lead #### Identity - Project: Panuco - Commodity: lead - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: indicated - Tonnes: 990000 - Grade: 0.47 - Grade Unit: % - Contained Metal: 4.6 - Contained Unit: kt - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Moderate lead grade in the Indicated resource for the Napoleon HW vein. Evidence · table > 0.47 Context: 0.99 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-51) Panuco · zinc #### Identity - Project: Panuco - Commodity: zinc - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: indicated - Tonnes: 990000 - Grade: 1.64 - Grade Unit: % - Contained Metal: 16.2 - Contained Unit: kt - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Moderate zinc grade in the Indicated resource for the Napoleon HW vein. Evidence · table > 1.64 Context: 0.99 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-52) Panuco · silver #### Identity - Project: Panuco - Commodity: silver - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: indicated - Tonnes: 990000 - Grade: 448 - Grade Unit: g/t AgEq - Contained Metal: 14206 - Contained Unit: koz - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: High silver equivalent grade in the Indicated resource for the Napoleon HW vein. - Positive factor: Indicated Resource - Positive factor: High Grade Evidence · table > 448 Context: 0.99 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-53) Panuco · gold #### Identity - Project: Panuco - Commodity: gold - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: indicated - Tonnes: 990000 - Grade: 5.04 - Grade Unit: g/t AuEq - Contained Metal: 160 - Contained Unit: koz - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Exceptional gold equivalent grade in the Indicated resource for the Napoleon HW vein. - Positive factor: Indicated Resource - Positive factor: Exceptional Grade Evidence · table > 5.04 Context: 0.99 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-54) Panuco · silver #### Identity - Project: Panuco - Commodity: silver - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: indicated - Tonnes: 490000 - Grade: 143 - Grade Unit: g/t - Contained Metal: 2238 - Contained Unit: koz - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Moderate silver grade in the Indicated resource for the Luisa vein. - Positive factor: Indicated Resource Evidence · table > 143 Context: 0.49 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-55) Panuco · gold #### Identity - Project: Panuco - Commodity: gold - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: indicated - Tonnes: 490000 - Grade: 2.12 - Grade Unit: g/t - Contained Metal: 33 - Contained Unit: koz - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Strong gold grade in the Indicated resource for the Luisa vein. - Positive factor: Indicated Resource - Positive factor: Strong Grade Evidence · table > 2.12 Context: 0.49 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-56) Panuco · lead #### Identity - Project: Panuco - Commodity: lead - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: indicated - Tonnes: 490000 - Grade: 0.31 - Grade Unit: % - Contained Metal: 1.5 - Contained Unit: kt - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Trace lead grade in the Indicated resource for the Luisa vein. Evidence · table > 0.31 Context: 0.49 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-57) Panuco · zinc #### Identity - Project: Panuco - Commodity: zinc - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: indicated - Tonnes: 490000 - Grade: 1.44 - Grade Unit: % - Contained Metal: 7 - Contained Unit: kt - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Moderate zinc grade in the Indicated resource for the Luisa vein. Evidence · table > 1.44 Context: 0.49 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-58) Panuco · silver #### Identity - Project: Panuco - Commodity: silver - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: indicated - Tonnes: 490000 - Grade: 364 - Grade Unit: g/t AgEq - Contained Metal: 5693 - Contained Unit: koz - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Strong silver equivalent grade in the Indicated resource for the Luisa vein. - Positive factor: Indicated Resource - Positive factor: Strong Grade Evidence · table > 364 Context: 0.49 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-59) Panuco · gold #### Identity - Project: Panuco - Commodity: gold - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: indicated - Tonnes: 490000 - Grade: 4.08 - Grade Unit: g/t AuEq - Contained Metal: 64 - Contained Unit: koz - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Strong gold equivalent grade in the Indicated resource for the Luisa vein. - Positive factor: Indicated Resource - Positive factor: Strong Grade Evidence · table > 4.08 Context: 0.49 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-60) Panuco · silver #### Identity - Project: Panuco - Commodity: silver - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: indicated - Tonnes: 60000 - Grade: 230 - Grade Unit: g/t - Contained Metal: 452 - Contained Unit: koz - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Strong silver grade in the Indicated resource for the Josephine vein. - Positive factor: Indicated Resource - Positive factor: Strong Grade Evidence · table > 230 Context: 0.06 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-61) Panuco · gold #### Identity - Project: Panuco - Commodity: gold - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: indicated - Tonnes: 60000 - Grade: 2.54 - Grade Unit: g/t - Contained Metal: 5 - Contained Unit: koz - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Strong gold grade in the Indicated resource for the Josephine vein. - Positive factor: Indicated Resource - Positive factor: Strong Grade Evidence · table > 2.54 Context: 0.06 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-62) Panuco · lead #### Identity - Project: Panuco - Commodity: lead - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: indicated - Tonnes: 60000 - Grade: 0.38 - Grade Unit: % - Contained Metal: 0.2 - Contained Unit: kt - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Trace lead grade in the Indicated resource for the Josephine vein. Evidence · table > 0.38 Context: 0.06 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-63) Panuco · zinc #### Identity - Project: Panuco - Commodity: zinc - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: indicated - Tonnes: 60000 - Grade: 1.09 - Grade Unit: % - Contained Metal: 0.7 - Contained Unit: kt - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Moderate zinc grade in the Indicated resource for the Josephine vein. Evidence · table > 1.09 Context: 0.06 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-64) Panuco · silver #### Identity - Project: Panuco - Commodity: silver - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: indicated - Tonnes: 60000 - Grade: 473 - Grade Unit: g/t AgEq - Contained Metal: 928 - Contained Unit: koz - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Exceptional silver equivalent grade in the Indicated resource for the Josephine vein. - Positive factor: Indicated Resource - Positive factor: Exceptional Grade Evidence · table > 473 Context: 0.06 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-65) Panuco · gold #### Identity - Project: Panuco - Commodity: gold - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: indicated - Tonnes: 60000 - Grade: 5.64 - Grade Unit: g/t AuEq - Contained Metal: 11 - Contained Unit: koz - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Exceptional gold equivalent grade in the Indicated resource for the Josephine vein. - Positive factor: Indicated Resource - Positive factor: Exceptional Grade Evidence · table > 5.64 Context: 0.06 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-66) Panuco · silver #### Identity - Project: Panuco - Commodity: silver - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: indicated - Tonnes: 30000 - Grade: 145 - Grade Unit: g/t - Contained Metal: 154 - Contained Unit: koz - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Moderate silver grade in the Indicated resource for the Cruz vein. - Positive factor: Indicated Resource Evidence · table > 145 Context: 0.03 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-67) Panuco · gold #### Identity - Project: Panuco - Commodity: gold - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: indicated - Tonnes: 30000 - Grade: 2.01 - Grade Unit: g/t - Contained Metal: 2 - Contained Unit: koz - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Strong gold grade in the Indicated resource for the Cruz vein. - Positive factor: Indicated Resource - Positive factor: Strong Grade Evidence · table > 2.01 Context: 0.03 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-68) Panuco · lead #### Identity - Project: Panuco - Commodity: lead - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: indicated - Tonnes: 30000 - Grade: 0.38 - Grade Unit: % - Contained Metal: 0.1 - Contained Unit: kt - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Trace lead grade in the Indicated resource for the Cruz vein. Evidence · table > 0.38 Context: 0.03 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-69) Panuco · zinc #### Identity - Project: Panuco - Commodity: zinc - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: indicated - Tonnes: 30000 - Grade: 2.01 - Grade Unit: % - Contained Metal: 0.7 - Contained Unit: kt - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Moderate zinc grade in the Indicated resource for the Cruz vein. Evidence · table > 2.01 Context: 0.03 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-70) Panuco · silver #### Identity - Project: Panuco - Commodity: silver - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: indicated - Tonnes: 30000 - Grade: 380 - Grade Unit: g/t AgEq - Contained Metal: 403 - Contained Unit: koz - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Strong silver equivalent grade in the Indicated resource for the Cruz vein. - Positive factor: Indicated Resource - Positive factor: Strong Grade Evidence · table > 380 Context: 0.03 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-71) Panuco · gold #### Identity - Project: Panuco - Commodity: gold - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: indicated - Tonnes: 30000 - Grade: 4.03 - Grade Unit: g/t AuEq - Contained Metal: 4 - Contained Unit: koz - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Strong gold equivalent grade in the Indicated resource for the Cruz vein. - Positive factor: Indicated Resource - Positive factor: Strong Grade Evidence · table > 4.03 Context: 0.03 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-72) Panuco · silver #### Identity - Project: Panuco - Commodity: silver - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: indicated - Tonnes: 5340000 - Grade: 163 - Grade Unit: g/t - Contained Metal: 27913 - Contained Unit: koz - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Moderate silver grade in the Indicated resource for the Napoleon Area, contributing to significant contained metal. - Positive factor: Indicated Resource Evidence · table > 163 Context: 5.34 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-73) Panuco · gold #### Identity - Project: Panuco - Commodity: gold - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: indicated - Tonnes: 5340000 - Grade: 2.21 - Grade Unit: g/t - Contained Metal: 379 - Contained Unit: koz - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Strong gold grade in the Indicated resource for the Napoleon Area, adding significant value. - Positive factor: Indicated Resource - Positive factor: Strong Grade Evidence · table > 2.21 Context: 5.34 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-74) Panuco · lead #### Identity - Project: Panuco - Commodity: lead - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: indicated - Tonnes: 5340000 - Grade: 0.49 - Grade Unit: % - Contained Metal: 25.9 - Contained Unit: kt - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Moderate lead grade in the Indicated resource for the Napoleon Area. Evidence · table > 0.49 Context: 5.34 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-75) Panuco · zinc #### Identity - Project: Panuco - Commodity: zinc - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: indicated - Tonnes: 5340000 - Grade: 1.72 - Grade Unit: % - Contained Metal: 91.7 - Contained Unit: kt - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Moderate zinc grade in the Indicated resource for the Napoleon Area. Evidence · table > 1.72 Context: 5.34 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-76) Panuco · silver #### Identity - Project: Panuco - Commodity: silver - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: indicated - Tonnes: 5340000 - Grade: 405 - Grade Unit: g/t AgEq - Contained Metal: 69634 - Contained Unit: koz - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Strong silver equivalent grade in the Indicated resource for the Napoleon Area, contributing to significant contained metal. - Positive factor: Indicated Resource - Positive factor: Strong Grade - Positive factor: Contained Metal Growth Evidence · table > 405 Context: 5.34 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-77) Panuco · gold #### Identity - Project: Panuco - Commodity: gold - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: indicated - Tonnes: 5340000 - Grade: 4.44 - Grade Unit: g/t AuEq - Contained Metal: 763 - Contained Unit: koz - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Strong gold equivalent grade in the Indicated resource for the Napoleon Area, contributing to significant contained metal. - Positive factor: Indicated Resource - Positive factor: Strong Grade - Positive factor: Contained Metal Growth Evidence · table > 4.44 Context: 5.34 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-78) Panuco · silver #### Identity - Project: Panuco - Commodity: silver - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: indicated - Tonnes: 10720000 - Grade: 288 - Grade Unit: g/t - Contained Metal: 99222 - Contained Unit: koz - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Overall high-grade silver in the Indicated resource, contributing to significant contained metal. - Positive factor: Indicated Resource - Positive factor: High Grade - Positive factor: Contained Metal Growth Evidence · table > 288 Context: 10.72 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-79) Panuco · gold #### Identity - Project: Panuco - Commodity: gold - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: indicated - Tonnes: 10720000 - Grade: 2.39 - Grade Unit: g/t - Contained Metal: 822 - Contained Unit: koz - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Overall strong gold grade in the Indicated resource, adding significant value. - Positive factor: Indicated Resource - Positive factor: Strong Grade - Positive factor: Contained Metal Growth Evidence · table > 2.39 Context: 10.72 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-80) Panuco · lead #### Identity - Project: Panuco - Commodity: lead - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: indicated - Tonnes: 10720000 - Grade: 0.3 - Grade Unit: % - Contained Metal: 31.6 - Contained Unit: kt - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Trace lead grade in the overall Indicated resource. Evidence · table > 0.30 Context: 10.72 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-81) Panuco · zinc #### Identity - Project: Panuco - Commodity: zinc - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: indicated - Tonnes: 10720000 - Grade: 0.95 - Grade Unit: % - Contained Metal: 102.3 - Contained Unit: kt - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Moderate zinc grade in the overall Indicated resource. Evidence · table > 0.95 Context: 10.72 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-82) Panuco · silver #### Identity - Project: Panuco - Commodity: silver - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: indicated - Tonnes: 10720000 - Grade: 512 - Grade Unit: g/t AgEq - Contained Metal: 176306 - Contained Unit: koz - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Exceptional silver equivalent grade in the overall Indicated resource, contributing to significant contained metal. - Positive factor: Indicated Resource - Positive factor: Exceptional Grade - Positive factor: Contained Metal Growth Evidence · table > 512 Context: 10.72 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-83) Panuco · gold #### Identity - Project: Panuco - Commodity: gold - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: indicated - Tonnes: 10720000 - Grade: 6.23 - Grade Unit: g/t AuEq - Contained Metal: 2147 - Contained Unit: koz - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Exceptional gold equivalent grade in the overall Indicated resource, contributing to significant contained metal. - Positive factor: Indicated Resource - Positive factor: Exceptional Grade - Positive factor: Contained Metal Growth Evidence · table > 6.23 Context: 10.72 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-84) Panuco · silver #### Identity - Project: Panuco - Commodity: silver - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: indicated - Tonnes: 12960000 - Grade: 307 - Grade Unit: g/t - Contained Metal: 127819 - Contained Unit: koz - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Significant increase in combined Measured and Indicated silver, demonstrating strong resource growth and confidence. - Positive factor: Category Upgrade - Positive factor: Tonnage Growth - Positive factor: Grade Improvement - Positive factor: Contained Metal Growth Evidence · table > 307 Context: 12.96 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-85) Panuco · gold #### Identity - Project: Panuco - Commodity: gold - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: indicated - Tonnes: 12960000 - Grade: 2.49 - Grade Unit: g/t - Contained Metal: 1036 - Contained Unit: koz - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Significant increase in combined Measured and Indicated gold, demonstrating strong resource growth and confidence. - Positive factor: Category Upgrade - Positive factor: Tonnage Growth - Positive factor: Grade Improvement - Positive factor: Contained Metal Growth Evidence · table > 2.49 Context: 12.96 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-86) Panuco · lead #### Identity - Project: Panuco - Commodity: lead - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: indicated - Tonnes: 12960000 - Grade: 0.27 - Grade Unit: % - Contained Metal: 34.9 - Contained Unit: kt - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Trace lead grade in the combined Measured and Indicated resource. Evidence · table > 0.27 Context: 12.96 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-87) Panuco · zinc #### Identity - Project: Panuco - Commodity: zinc - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: indicated - Tonnes: 12960000 - Grade: 0.85 - Grade Unit: % - Contained Metal: 110.2 - Contained Unit: kt - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Moderate zinc grade in the combined Measured and Indicated resource. Evidence · table > 0.85 Context: 12.96 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-88) Panuco · silver #### Identity - Project: Panuco - Commodity: silver - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: indicated - Tonnes: 12960000 - Grade: 534 - Grade Unit: g/t AgEq - Contained Metal: 222362 - Contained Unit: koz - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Exceptional silver equivalent grade in the combined Measured and Indicated resource, representing a significant increase in contained metal and overall project value. - Positive factor: Category Upgrade - Positive factor: Tonnage Growth - Positive factor: Grade Improvement - Positive factor: Contained Metal Growth - Positive factor: Exceptional Grade Evidence · table > 534 Context: 12.96 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-89) Panuco · gold #### Identity - Project: Panuco - Commodity: gold - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: indicated - Tonnes: 12960000 - Grade: 6.58 - Grade Unit: g/t AuEq - Contained Metal: 2739 - Contained Unit: koz - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Exceptional gold equivalent grade in the combined Measured and Indicated resource, representing a significant increase in contained metal and overall project value. - Positive factor: Category Upgrade - Positive factor: Tonnage Growth - Positive factor: Grade Improvement - Positive factor: Contained Metal Growth - Positive factor: Exceptional Grade Evidence · table > 6.58 Context: 12.96 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-90) Panuco · silver #### Identity - Project: Panuco - Commodity: silver - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: inferred - Tonnes: 2320000 - Grade: 322 - Grade Unit: g/t - Contained Metal: 24014 - Contained Unit: koz - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Strong silver grade in the Inferred resource for the Copala vein. - Positive factor: Inferred Resource - Positive factor: Strong Grade Evidence · table > 322 Context: 2.32 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-91) Panuco · gold #### Identity - Project: Panuco - Commodity: gold - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: inferred - Tonnes: 2320000 - Grade: 1.83 - Grade Unit: g/t - Contained Metal: 137 - Contained Unit: koz - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Moderate gold grade in the Inferred resource for the Copala vein. - Positive factor: Inferred Resource - Positive factor: Moderate Grade Evidence · table > 1.83 Context: 2.32 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-92) Panuco · lead #### Identity - Project: Panuco - Commodity: lead - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: inferred - Tonnes: 2320000 - Grade: 0.16 - Grade Unit: % - Contained Metal: 3.7 - Contained Unit: kt - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Trace lead grade in the Inferred resource for the Copala vein. Evidence · table > 0.16 Context: 2.32 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-93) Panuco · zinc #### Identity - Project: Panuco - Commodity: zinc - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: inferred - Tonnes: 2320000 - Grade: 0.27 - Grade Unit: % - Contained Metal: 6.2 - Contained Unit: kt - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Trace zinc grade in the Inferred resource for the Copala vein. Evidence · table > 0.27 Context: 2.32 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-94) Panuco · silver #### Identity - Project: Panuco - Commodity: silver - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: inferred - Tonnes: 2320000 - Grade: 476 - Grade Unit: g/t AgEq - Contained Metal: 35452 - Contained Unit: koz - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Exceptional silver equivalent grade in the Inferred resource for the Copala vein. - Positive factor: Inferred Resource - Positive factor: Exceptional Grade Evidence · table > 476 Context: 2.32 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-95) Panuco · gold #### Identity - Project: Panuco - Commodity: gold - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: inferred - Tonnes: 2320000 - Grade: 6.09 - Grade Unit: g/t AuEq - Contained Metal: 454 - Contained Unit: koz - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Exceptional gold equivalent grade in the Inferred resource for the Copala vein. - Positive factor: Inferred Resource - Positive factor: Exceptional Grade Evidence · table > 6.09 Context: 2.32 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-96) Panuco · silver #### Identity - Project: Panuco - Commodity: silver - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: inferred - Tonnes: 890000 - Grade: 346 - Grade Unit: g/t - Contained Metal: 9936 - Contained Unit: koz - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Strong silver grade in the Inferred resource for the Tajitos vein. - Positive factor: Inferred Resource - Positive factor: Strong Grade Evidence · table > 346 Context: 0.89 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-97) Panuco · gold #### Identity - Project: Panuco - Commodity: gold - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: inferred - Tonnes: 890000 - Grade: 2.08 - Grade Unit: g/t - Contained Metal: 60 - Contained Unit: koz - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Strong gold grade in the Inferred resource for the Tajitos vein. - Positive factor: Inferred Resource - Positive factor: Strong Grade Evidence · table > 2.08 Context: 0.89 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-98) Panuco · lead #### Identity - Project: Panuco - Commodity: lead - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: inferred - Tonnes: 890000 - Grade: 0.27 - Grade Unit: % - Contained Metal: 2.4 - Contained Unit: kt - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Trace lead grade in the Inferred resource for the Tajitos vein. Evidence · table > 0.27 Context: 0.89 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-99) Panuco · zinc #### Identity - Project: Panuco - Commodity: zinc - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: inferred - Tonnes: 890000 - Grade: 0.43 - Grade Unit: % - Contained Metal: 3.9 - Contained Unit: kt - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Trace zinc grade in the Inferred resource for the Tajitos vein. Evidence · table > 0.43 Context: 0.89 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-100) Panuco · silver #### Identity - Project: Panuco - Commodity: silver - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: inferred - Tonnes: 890000 - Grade: 527 - Grade Unit: g/t AgEq - Contained Metal: 15132 - Contained Unit: koz - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Exceptional silver equivalent grade in the Inferred resource for the Tajitos vein. - Positive factor: Inferred Resource - Positive factor: Exceptional Grade Evidence · table > 527 Context: 0.89 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-101) Panuco · gold #### Identity - Project: Panuco - Commodity: gold - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: inferred - Tonnes: 890000 - Grade: 6.66 - Grade Unit: g/t AuEq - Contained Metal: 191 - Contained Unit: koz - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Exceptional gold equivalent grade in the Inferred resource for the Tajitos vein. - Positive factor: Inferred Resource - Positive factor: Exceptional Grade Evidence · table > 6.66 Context: 0.89 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-102) Panuco · silver #### Identity - Project: Panuco - Commodity: silver - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: inferred - Tonnes: 340000 - Grade: 460 - Grade Unit: g/t - Contained Metal: 4959 - Contained Unit: koz - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Exceptional silver grade in the Inferred resource for the Cristiano vein. - Positive factor: Inferred Resource - Positive factor: Exceptional Grade Evidence · table > 460 Context: 0.34 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-103) Panuco · gold #### Identity - Project: Panuco - Commodity: gold - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: inferred - Tonnes: 340000 - Grade: 2.49 - Grade Unit: g/t - Contained Metal: 27 - Contained Unit: koz - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Strong gold grade in the Inferred resource for the Cristiano vein. - Positive factor: Inferred Resource - Positive factor: Strong Grade Evidence · table > 2.49 Context: 0.34 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-104) Panuco · lead #### Identity - Project: Panuco - Commodity: lead - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: inferred - Tonnes: 340000 - Grade: 0.16 - Grade Unit: % - Contained Metal: 0.5 - Contained Unit: kt - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Trace lead grade in the Inferred resource for the Cristiano vein. Evidence · table > 0.16 Context: 0.34 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-105) Panuco · zinc #### Identity - Project: Panuco - Commodity: zinc - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: inferred - Tonnes: 340000 - Grade: 0.31 - Grade Unit: % - Contained Metal: 1 - Contained Unit: kt - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Trace zinc grade in the Inferred resource for the Cristiano vein. Evidence · table > 0.31 Context: 0.34 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-106) Panuco · silver #### Identity - Project: Panuco - Commodity: silver - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: inferred - Tonnes: 340000 - Grade: 665 - Grade Unit: g/t AgEq - Contained Metal: 7168 - Contained Unit: koz - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Exceptional silver equivalent grade in the Inferred resource for the Cristiano vein. - Positive factor: Inferred Resource - Positive factor: Exceptional Grade Evidence · table > 665 Context: 0.34 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-107) Panuco · gold #### Identity - Project: Panuco - Commodity: gold - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: inferred - Tonnes: 340000 - Grade: 8.57 - Grade Unit: g/t AuEq - Contained Metal: 92 - Contained Unit: koz - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Exceptional gold equivalent grade in the Inferred resource for the Cristiano vein. - Positive factor: Inferred Resource - Positive factor: Exceptional Grade Evidence · table > 8.57 Context: 0.34 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-108) Panuco · silver #### Identity - Project: Panuco - Commodity: silver - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: inferred - Tonnes: 3550000 - Grade: 341 - Grade Unit: g/t - Contained Metal: 38909 - Contained Unit: koz - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Overall strong silver grade in the Inferred resource for the Copala Area. - Positive factor: Inferred Resource - Positive factor: Strong Grade Evidence · table > 341 Context: 3.55 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-109) Panuco · gold #### Identity - Project: Panuco - Commodity: gold - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: inferred - Tonnes: 3550000 - Grade: 1.96 - Grade Unit: g/t - Contained Metal: 224 - Contained Unit: koz - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Moderate gold grade in the Inferred resource for the Copala Area. - Positive factor: Inferred Resource - Positive factor: Moderate Grade Evidence · table > 1.96 Context: 3.55 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-110) Panuco · lead #### Identity - Project: Panuco - Commodity: lead - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: inferred - Tonnes: 3550000 - Grade: 0.19 - Grade Unit: % - Contained Metal: 6.7 - Contained Unit: kt - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Trace lead grade in the Inferred resource for the Copala Area. Evidence · table > 0.19 Context: 3.55 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-111) Panuco · zinc #### Identity - Project: Panuco - Commodity: zinc - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: inferred - Tonnes: 3550000 - Grade: 0.31 - Grade Unit: % - Contained Metal: 11.1 - Contained Unit: kt - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Trace zinc grade in the Inferred resource for the Copala Area. Evidence · table > 0.31 Context: 3.55 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-112) Panuco · silver #### Identity - Project: Panuco - Commodity: silver - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: inferred - Tonnes: 3550000 - Grade: 507 - Grade Unit: g/t AgEq - Contained Metal: 57752 - Contained Unit: koz - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Exceptional silver equivalent grade in the Inferred resource for the Copala Area. - Positive factor: Inferred Resource - Positive factor: Exceptional Grade Evidence · table > 507 Context: 3.55 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-113) Panuco · gold #### Identity - Project: Panuco - Commodity: gold - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: inferred - Tonnes: 3550000 - Grade: 6.48 - Grade Unit: g/t AuEq - Contained Metal: 739 - Contained Unit: koz - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Exceptional gold equivalent grade in the Inferred resource for the Copala Area. - Positive factor: Inferred Resource - Positive factor: Exceptional Grade Evidence · table > 6.48 Context: 3.55 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-114) Panuco · silver #### Identity - Project: Panuco - Commodity: silver - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: inferred - Tonnes: 2280000 - Grade: 159 - Grade Unit: g/t - Contained Metal: 11637 - Contained Unit: koz - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Moderate silver grade in the Inferred resource for the Napoleon vein. - Positive factor: Inferred Resource Evidence · table > 159 Context: 2.28 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-115) Panuco · gold #### Identity - Project: Panuco - Commodity: gold - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: inferred - Tonnes: 2280000 - Grade: 1.46 - Grade Unit: g/t - Contained Metal: 107 - Contained Unit: koz - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Moderate gold grade in the Inferred resource for the Napoleon vein. - Positive factor: Inferred Resource - Positive factor: Moderate Grade Evidence · table > 1.46 Context: 2.28 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-116) Panuco · lead #### Identity - Project: Panuco - Commodity: lead - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: inferred - Tonnes: 2280000 - Grade: 0.44 - Grade Unit: % - Contained Metal: 10 - Contained Unit: kt - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Moderate lead grade in the Inferred resource for the Napoleon vein. Evidence · table > 0.44 Context: 2.28 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-117) Panuco · zinc #### Identity - Project: Panuco - Commodity: zinc - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: inferred - Tonnes: 2280000 - Grade: 1.63 - Grade Unit: % - Contained Metal: 37.1 - Contained Unit: kt - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Moderate zinc grade in the Inferred resource for the Napoleon vein. Evidence · table > 1.63 Context: 2.28 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-118) Panuco · silver #### Identity - Project: Panuco - Commodity: silver - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: inferred - Tonnes: 2280000 - Grade: 340 - Grade Unit: g/t AgEq - Contained Metal: 24941 - Contained Unit: koz - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Strong silver equivalent grade in the Inferred resource for the Napoleon vein. - Positive factor: Inferred Resource - Positive factor: Strong Grade Evidence · table > 340 Context: 2.28 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-119) Panuco · gold #### Identity - Project: Panuco - Commodity: gold - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: inferred - Tonnes: 2280000 - Grade: 3.64 - Grade Unit: g/t AuEq - Contained Metal: 267 - Contained Unit: koz - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Strong gold equivalent grade in the Inferred resource for the Napoleon vein. - Positive factor: Inferred Resource - Positive factor: Strong Grade Evidence · table > 3.64 Context: 2.28 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-120) Panuco · silver #### Identity - Project: Panuco - Commodity: silver - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: inferred - Tonnes: 590000 - Grade: 202 - Grade Unit: g/t - Contained Metal: 3800 - Contained Unit: koz - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Strong silver grade in the Inferred resource for the Napoleon HW vein. - Positive factor: Inferred Resource - Positive factor: Strong Grade Evidence · table > 202 Context: 0.59 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-121) Panuco · gold #### Identity - Project: Panuco - Commodity: gold - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: inferred - Tonnes: 590000 - Grade: 2.12 - Grade Unit: g/t - Contained Metal: 40 - Contained Unit: koz - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Strong gold grade in the Inferred resource for the Napoleon HW vein. - Positive factor: Inferred Resource - Positive factor: Strong Grade Evidence · table > 2.12 Context: 0.59 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-122) Panuco · lead #### Identity - Project: Panuco - Commodity: lead - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: inferred - Tonnes: 590000 - Grade: 0.64 - Grade Unit: % - Contained Metal: 3.7 - Contained Unit: kt - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Moderate lead grade in the Inferred resource for the Napoleon HW vein. Evidence · table > 0.64 Context: 0.59 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-123) Panuco · zinc #### Identity - Project: Panuco - Commodity: zinc - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: inferred - Tonnes: 590000 - Grade: 2.15 - Grade Unit: % - Contained Metal: 12.6 - Contained Unit: kt - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Moderate zinc grade in the Inferred resource for the Napoleon HW vein. Evidence · table > 2.15 Context: 0.59 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-124) Panuco · silver #### Identity - Project: Panuco - Commodity: silver - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: inferred - Tonnes: 590000 - Grade: 458 - Grade Unit: g/t AgEq - Contained Metal: 8619 - Contained Unit: koz - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Exceptional silver equivalent grade in the Inferred resource for the Napoleon HW vein. - Positive factor: Inferred Resource - Positive factor: Exceptional Grade Evidence · table > 458 Context: 0.59 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-125) Panuco · gold #### Identity - Project: Panuco - Commodity: gold - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: inferred - Tonnes: 590000 - Grade: 4.91 - Grade Unit: g/t AuEq - Contained Metal: 92 - Contained Unit: koz - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Exceptional gold equivalent grade in the Inferred resource for the Napoleon HW vein. - Positive factor: Inferred Resource - Positive factor: Exceptional Grade Evidence · table > 4.91 Context: 0.59 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-126) Panuco · silver #### Identity - Project: Panuco - Commodity: silver - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: inferred - Tonnes: 2830000 - Grade: 132 - Grade Unit: g/t - Contained Metal: 12049 - Contained Unit: koz - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Moderate silver grade in the Inferred resource for the Luisa vein. - Positive factor: Inferred Resource - Positive factor: Moderate Grade Evidence · table > 132 Context: 2.83 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-127) Panuco · gold #### Identity - Project: Panuco - Commodity: gold - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: inferred - Tonnes: 2830000 - Grade: 2.24 - Grade Unit: g/t - Contained Metal: 204 - Contained Unit: koz - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Strong gold grade in the Inferred resource for the Luisa vein. - Positive factor: Inferred Resource - Positive factor: Strong Grade Evidence · table > 2.24 Context: 2.83 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-128) Panuco · lead #### Identity - Project: Panuco - Commodity: lead - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: inferred - Tonnes: 2830000 - Grade: 0.28 - Grade Unit: % - Contained Metal: 8.1 - Contained Unit: kt - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Trace lead grade in the Inferred resource for the Luisa vein. Evidence · table > 0.28 Context: 2.83 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-129) Panuco · zinc #### Identity - Project: Panuco - Commodity: zinc - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: inferred - Tonnes: 2830000 - Grade: 1.24 - Grade Unit: % - Contained Metal: 35.2 - Contained Unit: kt - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Moderate zinc grade in the Inferred resource for the Luisa vein. Evidence · table > 1.24 Context: 2.83 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-130) Panuco · silver #### Identity - Project: Panuco - Commodity: silver - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: inferred - Tonnes: 2830000 - Grade: 355 - Grade Unit: g/t AgEq - Contained Metal: 32307 - Contained Unit: koz - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Strong silver equivalent grade in the Inferred resource for the Luisa vein. - Positive factor: Inferred Resource - Positive factor: Strong Grade Evidence · table > 355 Context: 2.83 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-131) Panuco · gold #### Identity - Project: Panuco - Commodity: gold - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: inferred - Tonnes: 2830000 - Grade: 4.05 - Grade Unit: g/t AuEq - Contained Metal: 369 - Contained Unit: koz - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Strong gold equivalent grade in the Inferred resource for the Luisa vein. - Positive factor: Inferred Resource - Positive factor: Strong Grade Evidence · table > 4.05 Context: 2.83 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-132) Panuco · silver #### Identity - Project: Panuco - Commodity: silver - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: inferred - Tonnes: 210000 - Grade: 176 - Grade Unit: g/t - Contained Metal: 1180 - Contained Unit: koz - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Moderate silver grade in the Inferred resource for the Josephine vein. - Positive factor: Inferred Resource - Positive factor: Moderate Grade Evidence · table > 176 Context: 0.21 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-133) Panuco · gold #### Identity - Project: Panuco - Commodity: gold - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: inferred - Tonnes: 210000 - Grade: 1.81 - Grade Unit: g/t - Contained Metal: 12 - Contained Unit: koz - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Moderate gold grade in the Inferred resource for the Josephine vein. - Positive factor: Inferred Resource - Positive factor: Moderate Grade Evidence · table > 1.81 Context: 0.21 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-134) Panuco · lead #### Identity - Project: Panuco - Commodity: lead - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: inferred - Tonnes: 210000 - Grade: 0.34 - Grade Unit: % - Contained Metal: 0.7 - Contained Unit: kt - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Trace lead grade in the Inferred resource for the Josephine vein. Evidence · table > 0.34 Context: 0.21 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-135) Panuco · zinc #### Identity - Project: Panuco - Commodity: zinc - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: inferred - Tonnes: 210000 - Grade: 1.01 - Grade Unit: % - Contained Metal: 2.1 - Contained Unit: kt - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Moderate zinc grade in the Inferred resource for the Josephine vein. Evidence · table > 1.01 Context: 0.21 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-136) Panuco · silver #### Identity - Project: Panuco - Commodity: silver - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: inferred - Tonnes: 210000 - Grade: 360 - Grade Unit: g/t AgEq - Contained Metal: 2406 - Contained Unit: koz - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Strong silver equivalent grade in the Inferred resource for the Josephine vein. - Positive factor: Inferred Resource - Positive factor: Strong Grade Evidence · table > 360 Context: 0.21 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-137) Panuco · gold #### Identity - Project: Panuco - Commodity: gold - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: inferred - Tonnes: 210000 - Grade: 4.19 - Grade Unit: g/t AuEq - Contained Metal: 28 - Contained Unit: koz - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Strong gold equivalent grade in the Inferred resource for the Josephine vein. - Positive factor: Inferred Resource - Positive factor: Strong Grade Evidence · table > 4.19 Context: 0.21 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-138) Panuco · silver #### Identity - Project: Panuco - Commodity: silver - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: inferred - Tonnes: 350000 - Grade: 171 - Grade Unit: g/t - Contained Metal: 1907 - Contained Unit: koz - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Moderate silver grade in the Inferred resource for the Cruz vein. - Positive factor: Inferred Resource - Positive factor: Moderate Grade Evidence · table > 171 Context: 0.35 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-139) Panuco · gold #### Identity - Project: Panuco - Commodity: gold - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: inferred - Tonnes: 350000 - Grade: 3.58 - Grade Unit: g/t - Contained Metal: 40 - Contained Unit: koz - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Strong gold grade in the Inferred resource for the Cruz vein. - Positive factor: Inferred Resource - Positive factor: Strong Grade Evidence · table > 3.58 Context: 0.35 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-140) Panuco · lead #### Identity - Project: Panuco - Commodity: lead - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: inferred - Tonnes: 350000 - Grade: 0.3 - Grade Unit: % - Contained Metal: 1 - Contained Unit: kt - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Trace lead grade in the Inferred resource for the Cruz vein. Evidence · table > 0.30 Context: 0.35 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-141) Panuco · zinc #### Identity - Project: Panuco - Commodity: zinc - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: inferred - Tonnes: 350000 - Grade: 1.64 - Grade Unit: % - Contained Metal: 5.7 - Contained Unit: kt - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Moderate zinc grade in the Inferred resource for the Cruz vein. Evidence · table > 1.64 Context: 0.35 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-142) Panuco · silver #### Identity - Project: Panuco - Commodity: silver - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: inferred - Tonnes: 350000 - Grade: 510 - Grade Unit: g/t AgEq - Contained Metal: 5676 - Contained Unit: koz - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Exceptional silver equivalent grade in the Inferred resource for the Cruz vein. - Positive factor: Inferred Resource - Positive factor: Exceptional Grade Evidence · table > 510 Context: 0.35 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-143) Panuco · gold #### Identity - Project: Panuco - Commodity: gold - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: inferred - Tonnes: 350000 - Grade: 5.92 - Grade Unit: g/t AuEq - Contained Metal: 66 - Contained Unit: koz - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Exceptional gold equivalent grade in the Inferred resource for the Cruz vein. - Positive factor: Inferred Resource - Positive factor: Exceptional Grade Evidence · table > 5.92 Context: 0.35 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-144) Panuco · silver #### Identity - Project: Panuco - Commodity: silver - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: inferred - Tonnes: 6250000 - Grade: 152 - Grade Unit: g/t - Contained Metal: 30573 - Contained Unit: koz - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Overall moderate silver grade in the Inferred resource for the Napoleon Area. - Positive factor: Inferred Resource - Positive factor: Moderate Grade Evidence · table > 152 Context: 6.25 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-145) Panuco · gold #### Identity - Project: Panuco - Commodity: gold - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: inferred - Tonnes: 6250000 - Grade: 2 - Grade Unit: g/t - Contained Metal: 403 - Contained Unit: koz - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Overall strong gold grade in the Inferred resource for the Napoleon Area. - Positive factor: Inferred Resource - Positive factor: Strong Grade Evidence · table > 2.00 Context: 6.25 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-146) Panuco · lead #### Identity - Project: Panuco - Commodity: lead - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: inferred - Tonnes: 6250000 - Grade: 0.38 - Grade Unit: % - Contained Metal: 23.5 - Contained Unit: kt - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Trace lead grade in the Inferred resource for the Napoleon Area. Evidence · table > 0.38 Context: 6.25 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-147) Panuco · zinc #### Identity - Project: Panuco - Commodity: zinc - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: inferred - Tonnes: 6250000 - Grade: 1.48 - Grade Unit: % - Contained Metal: 92.6 - Contained Unit: kt - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Moderate zinc grade in the Inferred resource for the Napoleon Area. Evidence · table > 1.48 Context: 6.25 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-148) Panuco · silver #### Identity - Project: Panuco - Commodity: silver - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: inferred - Tonnes: 6250000 - Grade: 368 - Grade Unit: g/t AgEq - Contained Metal: 73949 - Contained Unit: koz - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Overall strong silver equivalent grade in the Inferred resource for the Napoleon Area. - Positive factor: Inferred Resource - Positive factor: Strong Grade Evidence · table > 368 Context: 6.25 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-149) Panuco · gold #### Identity - Project: Panuco - Commodity: gold - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: inferred - Tonnes: 6250000 - Grade: 4.09 - Grade Unit: g/t AuEq - Contained Metal: 822 - Contained Unit: koz - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Overall strong gold equivalent grade in the Inferred resource for the Napoleon Area. - Positive factor: Inferred Resource - Positive factor: Strong Grade Evidence · table > 4.09 Context: 6.25 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-150) Panuco · silver #### Identity - Project: Panuco - Commodity: silver - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: inferred - Tonnes: 300000 - Grade: 226 - Grade Unit: g/t - Contained Metal: 2038 - Contained Unit: koz - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Strong silver grade in the Inferred resource for the San Antonio vein. - Positive factor: Inferred Resource - Positive factor: Strong Grade Evidence · table > 226 Context: 0.30 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-151) Panuco · gold #### Identity - Project: Panuco - Commodity: gold - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: inferred - Tonnes: 300000 - Grade: 1.3 - Grade Unit: g/t - Contained Metal: 12 - Contained Unit: koz - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Moderate gold grade in the Inferred resource for the San Antonio vein. - Positive factor: Inferred Resource - Positive factor: Moderate Grade Evidence · table > 1.30 Context: 0.30 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-152) Panuco · lead #### Identity - Project: Panuco - Commodity: lead - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: inferred - Tonnes: 300000 - Grade: 0.01 - Grade Unit: % - Contained Metal: 0 - Contained Unit: kt - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Trace lead grade in the Inferred resource for the San Antonio vein. Evidence · table > 0.01 Context: 0.30 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-153) Panuco · zinc #### Identity - Project: Panuco - Commodity: zinc - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: inferred - Tonnes: 300000 - Grade: 0.03 - Grade Unit: % - Contained Metal: 0.1 - Contained Unit: kt - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Trace zinc grade in the Inferred resource for the San Antonio vein. Evidence · table > 0.03 Context: 0.30 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-154) Panuco · silver #### Identity - Project: Panuco - Commodity: silver - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: inferred - Tonnes: 300000 - Grade: 325 - Grade Unit: g/t AgEq - Contained Metal: 2936 - Contained Unit: koz - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Strong silver equivalent grade in the Inferred resource for the San Antonio vein. - Positive factor: Inferred Resource - Positive factor: Strong Grade Evidence · table > 325 Context: 0.30 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-155) Panuco · gold #### Identity - Project: Panuco - Commodity: gold - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: inferred - Tonnes: 300000 - Grade: 4.33 - Grade Unit: g/t AuEq - Contained Metal: 39 - Contained Unit: koz - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Strong gold equivalent grade in the Inferred resource for the San Antonio vein. - Positive factor: Inferred Resource - Positive factor: Strong Grade Evidence · table > 4.33 Context: 0.30 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-156) Panuco · silver #### Identity - Project: Panuco - Commodity: silver - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: inferred - Tonnes: 400000 - Grade: 169 - Grade Unit: g/t - Contained Metal: 2101 - Contained Unit: koz - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Moderate silver grade in the Inferred resource for the Animas vein. - Positive factor: Inferred Resource - Positive factor: Moderate Grade Evidence · table > 169 Context: 0.40 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-157) Panuco · gold #### Identity - Project: Panuco - Commodity: gold - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: inferred - Tonnes: 400000 - Grade: 1.68 - Grade Unit: g/t - Contained Metal: 21 - Contained Unit: koz - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Moderate gold grade in the Inferred resource for the Animas vein. - Positive factor: Inferred Resource - Positive factor: Moderate Grade Evidence · table > 1.68 Context: 0.40 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-158) Panuco · lead #### Identity - Project: Panuco - Commodity: lead - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: inferred - Tonnes: 400000 - Grade: 0.29 - Grade Unit: % - Contained Metal: 1.1 - Contained Unit: kt - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Trace lead grade in the Inferred resource for the Animas vein. Evidence · table > 0.29 Context: 0.40 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-159) Panuco · zinc #### Identity - Project: Panuco - Commodity: zinc - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: inferred - Tonnes: 400000 - Grade: 0.6 - Grade Unit: % - Contained Metal: 2.3 - Contained Unit: kt - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Trace zinc grade in the Inferred resource for the Animas vein. Evidence · table > 0.60 Context: 0.40 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-160) Panuco · silver #### Identity - Project: Panuco - Commodity: silver - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: inferred - Tonnes: 400000 - Grade: 327 - Grade Unit: g/t AgEq - Contained Metal: 4074 - Contained Unit: koz - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Strong silver equivalent grade in the Inferred resource for the Animas vein. - Positive factor: Inferred Resource - Positive factor: Strong Grade Evidence · table > 327 Context: 0.40 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-161) Panuco · gold #### Identity - Project: Panuco - Commodity: gold - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: inferred - Tonnes: 400000 - Grade: 4.37 - Grade Unit: g/t AuEq - Contained Metal: 54 - Contained Unit: koz - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Strong gold equivalent grade in the Inferred resource for the Animas vein. - Positive factor: Inferred Resource - Positive factor: Strong Grade Evidence · table > 4.37 Context: 0.40 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-162) Panuco · silver #### Identity - Project: Panuco - Commodity: silver - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: inferred - Tonnes: 10500000 - Grade: 219 - Grade Unit: g/t - Contained Metal: 73621 - Contained Unit: koz - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Overall strong silver grade in the Inferred resource, though total inferred tonnage has decreased due to conversion to higher confidence categories. - Positive factor: Inferred Resource - Positive factor: Strong Grade - Negative factor: Inferred Tonnage Decline Evidence · table > 219 Context: 10.50 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-163) Panuco · gold #### Identity - Project: Panuco - Commodity: gold - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: inferred - Tonnes: 10500000 - Grade: 1.96 - Grade Unit: g/t - Contained Metal: 660 - Contained Unit: koz - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Overall moderate gold grade in the Inferred resource, though total inferred tonnage has decreased due to conversion to higher confidence categories. - Positive factor: Inferred Resource - Positive factor: Moderate Grade - Negative factor: Inferred Tonnage Decline Evidence · table > 1.96 Context: 10.50 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-164) Panuco · lead #### Identity - Project: Panuco - Commodity: lead - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: inferred - Tonnes: 10500000 - Grade: 0.3 - Grade Unit: % - Contained Metal: 31.2 - Contained Unit: kt - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Trace lead grade in the overall Inferred resource, with a decrease in total inferred tonnage. - Negative factor: Inferred Tonnage Decline Evidence · table > 0.30 Context: 10.50 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-165) Panuco · zinc #### Identity - Project: Panuco - Commodity: zinc - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: inferred - Tonnes: 10500000 - Grade: 1.01 - Grade Unit: % - Contained Metal: 106.2 - Contained Unit: kt - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Moderate zinc grade in the overall Inferred resource, with a decrease in total inferred tonnage. - Negative factor: Inferred Tonnage Decline Evidence · table > 1.01 Context: 10.50 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-166) Panuco · silver #### Identity - Project: Panuco - Commodity: silver - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: inferred - Tonnes: 10500000 - Grade: 412 - Grade Unit: g/t AgEq - Contained Metal: 138711 - Contained Unit: koz - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Overall strong silver equivalent grade in the Inferred resource, but with a decrease in both tonnage and grade, primarily due to conversion to higher confidence categories. - Positive factor: Inferred Resource - Positive factor: Strong Grade - Negative factor: Inferred Tonnage Decline - Negative factor: Inferred Grade Decline Evidence · table > 412 Context: 10.50 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/vizsla-royalties-provides-update-on-principal-asset--c6e6ce19-f99a-47ad-9475-b229568629e1#fact-resource-facts-167) Panuco · gold #### Identity - Project: Panuco - Commodity: gold - Region: mexico - Reported Region: Western Mexico - Ticker: VROY #### Resource Data - Category: inferred - Tonnes: 10500000 - Grade: 4.91 - Grade Unit: g/t AuEq - Contained Metal: 1654 - Contained Unit: koz - Cutoff Grade: 150 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-08T00:00:00.000Z Reasoning: Overall exceptional gold equivalent grade in the Inferred resource, but with a decrease in both tonnage and grade, primarily due to conversion to higher confidence categories. - Positive factor: Inferred Resource - Positive factor: Exceptional Grade - Negative factor: Inferred Tonnage Decline - Negative factor: Inferred Grade Decline Evidence · table > 4.91 Context: 10.50 ## 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.