Vizsla Silver (TSXV: VZLA) has reportedly intersected a new vein at the northern end of the Tajitos target at the firms flagship Panuco project in Mexico. The announcement was made this morning as part of the release of a total of ten assay results from an ongoing drill program.
Highlights from the results released this morning include:
- CS-22-154: 2,400 g/t silver and 11.08 g/t gold over 1.70 metres
- CS-22-158: 1,140 g/t silver and 5.56 g/t gold over 1.50 metres
- CS-22-161: 2,461 g/t silver and 13.16 g/t gold over 2.65 metres
Ongoing drilling is currently occurring between the Tajitos and Copala targets at the property, where three drill rigs are looking to expand the initial resource while also focusing on category conversion. The latest results point to a new vein splay being discovered, labelled as Copala 2, which splits from Copala near surface and is estimate to have a strike length of 300 metres while remaining open to the north.
Notably, the new vein is blind to surface, which provides the potential for other discoveries to be made via continued exploration. The company is currently working to extend its drilling to the north to further drill test the region.
Vizsla Silver last traded at $1.73 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.
