Vizsla Resources Reports 457 G/T Silver Equivalent Over 18.15 Metres At New Prospect

Vizsla Resources (TSXV: VZLA) this morning released the first assays from the Aguita Zarca prospect from the Corden del Oro Vein at its Panuco silver-gold project this morning. Highlights from the results include 457 g/t silver equivalent over 18.15 metres, including 1,208 g/t silver equivalent over 5.95 metres from hole CO-20-13.

In terms of equivalency values, the highlight hole saw 117.9 g/t silver and 3.71 g/t gold over 18.15 metres, with the highlight sub-interval from this figure being 243.8 g/t silver and 10.49 g/t gold over 5.95 metres. The mineralization was hit at 60.15 metres downhole.

The results are significant, given that the Aguita Zarca prospect is located more than five kilometres to the east from the initial Napoleon discovery on site, within a region that has never been drilled before. The strike length of the discovery is said to be 400 metres, with surface mineralization being present amid multiple closely spaced veins.

The prospect occurs along the Cordon del Oro vein trend, and located 1,300 metres west southwest of the El Coco Mill. The trend has never been previously drilled by any operator, but does contain multiple small-scale workings. A continuous chip channel intercept of 18.85 metres was taken above the drill hole, which graded 197 g/t silver equivalent and remains open in both directions.

Figure 1: Plan view of the Aguita Zarca prospect with drill hole locations labelled, mapped geology and surface sampling locations (CNW Group/Vizsla Resources Corp.)

While the above result posts excellent prospects, the company did note that holes CO-20-08 through to CO-20-12 which were completed in the Mojocuan area indicated no significant intercepts. The results from CO-20-13 are thus the only significant results reported this morning by the company.

Vizsla Resources last traded at $1.39 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.

Video Articles

Why Silver’s Next Move May Be Built on a Much Stronger Base | Mani Alkhafaji – First Majestic Silver

Guanajuato Silver Q1 Earnings: They Finally Post Positive Net Income

We’re in a New Era of Gold Price Discovery | Ryan King – Equinox Gold

Recommended

Silver47 Starts 10,000 Metre Campaign at Flagship Alaska Silver Project

Blue Jay Gold Launches 16,000 Metre Drill Program At Steller

Related News

Freeman Gold Hits 1.6 G/T Gold Over 86.0 Metres At Lemhi

Freeman Gold (CSE: FMAN) this morning released further drill results from its 2020 Phase 1...

Thursday, March 11, 2021, 02:20:35 PM

Arrests (Finally) Made in $20 Million Pearson Airport Gold Heist

One year after a brazen gold heist at Toronto’s Pearson International Airport, Peel Regional Police...

Thursday, April 18, 2024, 12:09:35 PM

Gold Heist? US$15 Million Worth of ‘High-Value’ Cargo Stolen at Pearson Airport

An aircraft shipping container carrying US$15 million worth of precious cargo has gone missing at...

Friday, April 21, 2023, 10:19:00 AM

Aya Gold & Silver Reports 389,132 Silver Ounces Produced In Q1

Aya Gold & Silver (TSX: AYA) this morning reported its first quarter production results for...

Monday, April 26, 2021, 09:01:19 AM

Aurelius Minerals Intersects 149.0 G/T Gold Over 0.7 Metres At Aureus East Project

Aurelius Minerals Inc. (TSXV: AUL) released this morning the drilling results from its recently acquired...

Tuesday, August 10, 2021, 12:25:39 PM