(n) a tiny cavity in a rock or vein, usually with a mineral liner of different composition from that of the surrounding rock.
(n) A small to medium sized hole inside stone which may be formed through a variety of procedures.
(n) In mining, a cavity; a hollow in a rock or perhaps in a lode. Vug could be the miners' name for the which geologists more typically phone a geode. See geode. Also known as tick-hole, vooga-hole.
vug in Community Dictionary
To just take one thing entirely promising and then make a mess out of it. At this time becoming a popular term amongst gamers. The term comes from those things taken by a specific game publisher to mismanage a specific team and their inability to guide something they are doing. (ED. Not unlike Norman Mailer's "fug" from 50 years ago, particularly if "vug" is pronounced as if it were German.) by Yessenia MitraReport definition