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.

Leave a Reply