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

Canadian Gold Maps Out 2026 Drill Plans Across Three Québec Projects

Mercado Minerals Drills 1,120 g/t Silver Equivalent Over 1.20 Metres At Copalito

Related News

Marathon Gold Sees Valentine Project Start-Up Delayed Several Months Due To Environmental Review

Marathon Gold (TSX: MOZ) is the winner of the classic Friday night news release this...

Monday, November 1, 2021, 08:54:08 AM

Crashing Pound Prompts Gold Demand Surge, Exhausts Bullion Dealers

As the UK currency continued to hit all-time low records, investors turned to the apparent...

Monday, October 3, 2022, 05:13:00 PM

Kirkland Lake Gold Drills 17.0 Metres Of 7.19 G/T Gold At Detour Lake

Kirkland Lake Gold Ltd. (TSX: KL) reported today the results from 43 holes drilled at...

Thursday, July 8, 2021, 09:26:00 AM

Novo Resources Takes 50% Interest In Queens Gold Project

Novo Resources (TSX: NVO) has acquired a 50% stake in the Queens gold project in...

Monday, March 22, 2021, 08:56:19 AM

Montage Gold Sees Initial Indicated Resource Of 4.27 Million Ounces For Koné Project

Montage Gold Corp. (TSXV: MAU) shared today the results of its updated mineral resource estimate...

Thursday, August 19, 2021, 08:05:03 AM