Vizsla Silver (TSXV: VZLA) continues to see results come in from its large 120,000 metre drill program at its flagship Panuco project, found in Mexico. The firm this morning confirmed that the latest results have extended the known strike of the Napolean vein to over 2,500 metres.
A total of 53 drill holes saw their assays released by the company this morning. Drilling was reportedly focused on the Napoleon Vein Corridor, which consists of the Napoleon vein, the associated hanging wall, as well as the Josephine vein. The highlighted result this morning consisted of 55 g/t silver, 20.38 g/t gold, 0.21% lead and 2.99% zinc over 4.00 metres, or 1,803 g/t silver equivalent.
The results at Napoleon enabled the company to extend the strike of the vein to 2,500 metres in total, while reported intercepts released this morning saw mineralization extend to depths of up to 500 metres below surface.
Highlights from the results released this morning include:
- NP21-199: 102 g/t silver, 4.16 g/t gold, 1.57% lead, 11.05% zinc over 0.72 metres true width
- NP-21-205: 38 g/t silver, 4.78 g/t gold, 0.95% lead 6.93% zinc over 0.35 metres true width
- NP-21-210: 55 g/t silver, 20.38 g/t gold, 0.21% lead, 2.99% zinc over 4.00 metres true width
- NP-21-214: 17 g/t silver, 60.50 g/t gold, 0.36% lead, 1.40% zinc over 0.47 metres true width
- NP-21-229: 499 g/t silver, 5.17 g/t gold, 0.50% lead, 2.71% zinc over 1.53 metres true width
Of the results released this morning, a total of 31 drill holes missed the cut-off date for the new resource estimate being conducted and will not be included in the updated March estimate.
A total of five drill rigs are now onsite, which are focused on resource expansion as well as exploration.
Vizsla Silver last traded at $2.54 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.
