Vizsla Silver (TSXV: VZLA) has continued to see success from continued exploration at its Panuco silver-gold project in Mexico. The firm this morning released the results of 24 drill holes this morning, which targeted the Tajitos-Copala resource area.
Highlights from the results include:
- CS-22-154: 1,010 g/t silver and 5.44 g/t gold over 9.35 metres
- CS-22-160: 1,642 g/t silver and 6.67 g/t gold over 3.40 metres
- CS-22-164: 802 g/t silver and 6.89 g/t gold over 4.40 metres
- CS-22-169: 780 g/t silver and 4.23 g/t gold over 20.45 metres, including 2,230 g/t silver and 9.08 g/t gold over 1.21 metres
All reported intersects are true widths.
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The results, focused on the Copala structure, are said to have expanded the footprint of mineralization to 600 metres of strike, and 400 metres down dip. Mineralization remains open in all directions. Presently, three drill rigs are testing this area of the property, with resource expansion for the target a major focus for a planned resource estimate update expected in the fourth quarter of 2022.
“When we first discovered the Copala Vein in late 2021, we knew we were on to something special given the well developed, near surface mineral continuity. At the time of the maiden resource, eight drill holes from Copala contributed 6.4Moz AgEq of indicated and 18.6Moz AgEq of inferred,” commented CEO Michael Konnert.
Vizsla Silver last traded at $1.65 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.
