Husky, there is very little info available regardingliability insurance coverage, however there are a couple disclaimers present in the Feb 2024 reported AIF
Does the $104 million bond held by YTG, replace liability insurance requirements in the event of a mining accident?
Insurance and Uninsurable Risks Mining operations, including, exploration, development and production operations on mineral properties, involve numerous risks, including, but not limited to, the risks described herein. It is not always possible to obtain insurance against all such risks and the Company may decide not to insure against certain risks because of high premiums or other reasons. Moreover, insurance against risks such as environmental pollution or other hazards as a result of exploration and production is not generally available to the Company or to other companies in the mining industry on acceptable terms. Although the Company maintains insurance to protect against certain risks in such amounts as it considers reasonable, its insurance will not cover all potential risks associated with its operations, and insurance coverage may not continue to be available or may not be adequate to cover any resulting liability. Should such liabilities arise, they could reduce or eliminate any further profitability and result in increasing costs and a decline in the value of the securities of the Company.
https://vgcx.com/site/assets/files/7288/vgcx_-_aif_-_ye_december_31_2023_final.pdf