Vizsla Silver (TSXV: VZLA) is stepping up its drill program at its flagship Copala-Panuco silver-gold project, located in Sinaloa, Mexico. The company this morning announced that it has increased the drill rig count to seven as of today.
The company is currently focused on drilling out a near term resource at the Napolean zone, where 100 metre centred drilling is occurring currently. The firm is also focused on advanced drilling at the Tajitos and Cordon del Oro vein corridors, with the company targeting a total of 40,000 metres of drilling to be completed in the first half of the year.
Presently, the company has outlined the drill locations as follows:
- Napolean: Four rigs are currently on site drilling this target, with two focused on deep drilling the resource as well as to the south of the deposit. Two others are focused on systematic drilling to further firm up the resource.
- Cordon del Oro: Two rigs currently drilling with a focus on discovery at depth
- Cinco Senores Vein Corridor: One rig currently drilling Tajitos while focused on extending known mineralization
The company will also look to conduct a detailed magnetic drone survey next month to improve the current mapping and interpretations of veins.
Vizsla Resources last traded at $1.51 on the TSX Venture.
Information for this briefing was found via Sedar, and Vizsla Resources. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.
Can WallStreetBets Push Silver Higher? – The Daily Dive feat John-Mark Staude
Returning to the Daily Dive is frequent guest John-Mark Staude, whom is CEO of Riverside...