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.

Cambria Gold Mines — sponsored Sponsored · Cambria Gold Mines

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

The Gold & Copper Stocks Everyone Keeps Asking About | Oct. 12-16 – Weekly Mining Mailbag

Similar Gold Mines Are Valued 10X Higher. Why Not This One? | JW Dumont – Granada Gold Mine

The US Interest Bill Gold Can’t Ignore | Peter Grandich

Recommended

Blue Jay Gold Signs Ocean Partners Deal to Ship Steller Stockpiles Through 2027

Krait Critical Minerals Signs Option for Historical Nevada King Antimony Mine

Related News

Rick Rule: Gold Market Leadership Starts At The Top – The Daily Dive

Starting off the trading week on the Daily Dive is that of Rick Rule, senior...

Tuesday, February 16, 2021, 01:30:00 PM

Amex Exploration Discovers New Zone In Eastern Portion Of Perron Property

Amex Exploration (TSXV: AMX) continues to post positive results from the exploration of its Perron...

Wednesday, February 17, 2021, 08:07:34 AM

Lining Up: A Deep Dive Into The Silver Trade

Strong price action in silver has been most welcome news for a long-standing cult following...

Tuesday, July 28, 2020, 10:13:00 AM

AUX Resources Acquires Silver Crown, Independence Properties In BC’s Golden Triangle

AUX Resources (TSXV: AUX) this morning announced that it closed the acquisition of Isla Gold...

Tuesday, September 8, 2020, 08:39:04 AM

K92 Mining Approved For Toronto Stock Exchange Listing

K92 Mining (TSXV: KNT) this morning issued a brief update to the market, announcing to...

Tuesday, December 8, 2020, 07:46:37 AM