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Vizsla Silver Corp T.VZLA

Alternate Symbol(s):  VZLA

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

Post by zack50on Aug 02, 2022 9:23am
156 Views
Post# 34865257

VIZSLA COPPER CORP. begins drilling program at Carruthers...

VIZSLA COPPER CORP. begins drilling program at Carruthers...
 

Vizsla Copper Corp. (TSXV: VCU) ("Vizsla Copper" or the "Company") is pleased to announce the start of a core drilling program at the Carruthers Pass copper project in central British Columbia. The Company is earning a 60% interest in Carruthers Pass (the "Project") from Cariboo Rose Resources Ltd. The Project is prospective for copper-zinc volcanogenic massive sulphide (VMS) mineralization and is located 200 km north of Smithers, BC (Figure 1).

"The start of drilling at Carruthers Pass is an exciting development for the Company," commented Steve Blower, Vice President of Exploration for Vizsla Copper. "The drill targets ahead of us are very compelling possible sources for the high-grade mineralization at the Boulder zone. This program is the result of a huge amount of preparatory work on compilation, target development and logistics by Senior Geologist Ian Borg and Project Geologist James Chamberlain."

A helicopter supported drill program consisting of five core drill holes totalling approximately 2,000 m is planned to be completed over the next four to five weeks. Targets include extensions of copper mineralization intersected in historical drill holes and geophysical conductors identified in a new airborne VTEM geophysical survey completed earlier in the year. All targets are in the general area of the Boulder zone, an area characterized by a 5 m x 3 m x 3 m boulder of high-grade massive sulphide partially buried in scree and figure 2 shows planned drill hole locations. The Company has benefitted greatly from the help of its key contractors Kyle Patterson (Geophysical Consulting), Core-West Drilling, Aberdeen Helicopters, Discovery Mining Services (Camp), Skookum Exploration Services (Pad Building), Butch Houlind Expediting, and Discovery International Geophysics (Borehole EM surveying).

Located in a region of north-central British Columbia well-endowed with copper deposits of various styles, the Carruthers Pass Project is ripe for discovery. The Project was originally staked to explore for the source of a large, 5m x 3m x 3m boulder of high-grade copper and zinc massive sulphide mineralization protruding from a large talus slope. This boulder was first discovered in 1997 by Phelps Dodge while following up a new release of regional geochemical survey results. Thinner zones of high-grade copper and zinc mineralization were subsequently discovered in place in the steep cliffs above the boulder and the general area is now known as the Boulder Zone. Massive sulphide mineralization at the Boulder Zone is thought to belong to the Besshi-type of Volcanogenic Massive Sulphide deposits. At Carruthers Pass, the shale and volcaniclastic host rocks for the mineralization belong to the Dewar formation of the Upper Triassic Takla Group.

Past exploration on the Project has been minimal, despite the presence of many kilometres of inferred sub-crop of the target horizon and a 5 km long northwesterly trending soil geochemistry anomaly enriched in copper, zinc and other metals. Only 14 historical drill holes totalling 2,191 m have been completed in three previous drilling campaigns, the last of which was in 2011.

Vizsla Copper is earning a 60% interest in the Project from Cariboo Rose Resources Ltd. through a series of cash and share payments and exploration expenditures over a five-year period that began in 2021.

Vizsla Copper is a new and well-funded copper exploration company that was recently spun out of Vizsla Silver Corp. with a mandate to explore, acquire and develop quality copper projects around the globe. The Company has two prospective exploration projects in British Columbia, Canada; Blueberry (porphyry copper) and Carruthers Pass (volcanogenic massive sulphide). The Company is led by a Board and Management team with a track record of success in mineral exploration, development and operations.


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