The results are in from the latest drill program conducted by Vizsla Silver (TSXV: VZLA) at its flagship project known as Panuco, which is found in Mexico. The firm has reportedly intersected significant mineralization at a vein that was just recently identified on the property.
A total of seven drill hole results were released this morning, with the drill targets under such holes being the Copala and Christiano veins. The results push the known size of the Copala vein to over 650 metres of strike, while its known to extend to at least 350 metres down dip while remaining open in all directions.
Highlights of the results include:
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- CS-21-112: 682 g/t silver and 5.51 g/t gold over 1.73 metres true width
- CS-21-115: 1,900 g/t silver and 11.09 g/t gold over 1.21 metres true width
- CS-21-116: 1,559 g/t silver and 7.29 g/t gold over 7.81 metres true width
- CS-22-123: 1,237 g/t silver and 10.53 g/t gold over 2.09 metres true width
Holes released this morning were not included within the firms recently released, and then subsequently restated, maiden resource estimate. The project as a whole has indicated mineral resources of 30.5 million ounces silver, 331,100 ounces of gold, 13 kilo tonnes of lead and 24.6 kilo tonnes of zinc. Inferred resources meanwhile amount to 24.7 million ounces of silver, 235,800 ounces of gold, 5.3 kilo tonnes of lead and 12.4 kilo tonnes of zinc.
Following the drill results this morning, the firm has indicated that it expects the Copala vein to have resource growth as it continues to drill test the region. A total of 17 drill holes have tested the vein to date.
Vizsla Silver last traded at $2.58 on the TSX Venture.
Information for this briefing was found via Sedar and the companies mentioned. 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.
