Vizsla Resources Corp (TSXV: VZLA) is stepping up its drill program at its Panuco silver-gold project in Sinaloa, Mexico following the outstanding results of 2,889 g/t silver and 107.9 g/t gold over 3.7 meters in a single drill hole earlier this month. The company has now added a fourth drill rig to its exploration program, following the company adding a third machine just two weeks ago.
The additional drill rig is a part of expanded drill operations announced on July 15, when the company expanded the initially planned 14,500 metre drill program to that of 31,100 metres in 2020. The company now has two track-mounted rigs and two portable rigs in operation.
Targets for the expanded drill program remain focused on the Napoleon vein corridor, where the company first reported its outstanding results. A follow up hole has just been completed in connection with this, with assays yet to be completed. The new rig will test extensions of this vein as well, near other recent drilling.
The company also announced this morning that it continues drilling at the Cordon del Oro vein, as well as at the San Carlos Mine.
Vizsla Resources last traded at $2.24 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...