Vizsla Silver Corp T.VZLA

Alternate Symbol(s): VZLA

Metals & Mining Industrial Metals & Minerals

Vizsla Silver Corp. is a Canada-based mineral exploration and development company. The Company is focused on advancing its flagship, 100%-owned Panuco silver-gold project. The Panuco silver-gold project is an emerging high-grade discovery located in southern Sinaloa, Mexico, near the city of Mazatlan. The 7,189.5-hectare, past producing district benefits from over 86 kilometres of total vein extent, 35 kilometres of underground mines, roads, power, and permits. The district contains intermediate to low sulfidation epithermal silver and gold deposits related to siliceous volcanism and crustal extension in the Oligocene and Miocene. The Company also owns the past-producing La Garra-Metates district (the La Garra) situated in the heart of the silver-gold-rich Panuco - San Dimas corridor. The La Garra-Metates District area contains N-NNW-trending silver-gold-rich veins in a geological setting akin that of the Panuco Project and San Dimas.

TSX:VZLA - Post by User

Vizsla Silver Corp

Bullboard Posts

Post by Ebitduhon Jul 10, 2020 2:50pm

336 Views

Post# 31253078

Stifel GMP: This could be the next Silvercrest

Silver Tiger Metals Inc. (SLVR-TSXV) – not covered
Market Cap: C$46m

Bottom Line: This could be the next SilverCrest

The similarities are easy to see between Silver Tiger’s El Tigre property and SilverCrest’s Las Chispas project:
- Same regional trend, same geologic package of rocks, same N/S trending vein system, same indications of high grade blow outs where veins converge
- Historical production at El Tigre mine from 1903-1938, produced 100Moz AgEq at 2kg/t
- Access to sample and map veins through historical workings
- High grade silver and gold epithermal system
- El Tigre property is 95km along trend from Las Chispas
VP Exploration David Duncan involved with discovery and advancement of Santa Gertrudis before it was sold to Agnico Eagle, involved with Etruscan Mining before it was sold to Endeavour
Doing vein sampling in underground historical workings through summer rainy season, plan to raise $3m late summer/early fall to do 10,000m of drilling on the high grade Caleigh and Protectora veins (currently $750k in the bank)
Have only drilled 5 holes in high grade, north end of property, highlights include 10.1 g/t Au and 1,991 g/t Ag over 3.2m 50m from surface surrounded by lower grade halo (0.65 g/t Au and 92 g/t Ag over 26m starting at surface)
- Deepest hit is 1,107 g/t Ag over 1.5m ~70m below surface
- Have traced veins over 200m vertically, 3 km of strike as mapped over surface outcropping through Sierra Madre mountains
- Richest parts of these mineralized systems is where they veins intersect - still haven’t drilled one of those yet but when they do, I would expect multi-kg silver intercepts
Valuation backstopped by pit constrained resource of 600koz AuEq @ 0.7 g/t (done at $1,250/oz Au). Defined a gold alteration halo mineralization in host rock around old El Tigre mine