Vizsla Resources (TSXV: VZLA) this morning reported further drill results from its 2020 drill program at its Panuco project located within Mexico. The latest drill results come from the Tajitos vein zone, where a total of fourteen holes were drilled last year. Highlights from the latest results include 1,607 g/t silver equivalent over 7.55 metres.
The highlight figure comes from hole CS-20-06, with the interval being within a larger intersection of 910 g/t equivalent over 13.5 metres. Mineralization began at a depth of 96.0 metres, with the highlight value beginning immediately at 96.0 metres. The discovery of mineralization within this hole has expanded mineralization by 50 metres to the southwest.
Assays released this morning include data from three new drill holes, one of which, CS-20-04, posted no significant intersections. The other, CS-20-05, intersected 9.0 metres of total mineralization, posting 38.8 g/t silver equivalent over the distance. In total, the company has posted results from six of the fourteen holes conducted thus far at the Tajitos vein zone.
The Tajitos vein zone is reportedly made up of quartz breccia, with the vein located along the Cinco Senors Vein Corridor, where the company has had a number of successful drill results. The company intends to continue to define the current extent of mineralization within the zone, with drilling having resumed at the zone already in 2021.
Vizsla Resources last traded at $1.64 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.
Mexico: The World’s Leading Silver Producer
There is a saying in the mining industry that miners go where the minerals are....