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Vizsla Silver Corp VZLA


Primary Symbol: T.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 altitude90on Oct 24, 2023 8:35am
202 Views
Post# 35697819

Discovery of new High-grade structure

Discovery of new High-grade structure
VIZSLA SILVER DISCOVERS NEW HIGH-GRADE STRUCTURE LOCATED 250 METRES WEST OF THE COPALA RESOURCE

Vancouver, British Columbia (October 24, 2023) – Vizsla Silver Corp. (TSX-V: VZLA) (NYSE: VZLA) (Frankfurt: 0G3) (“Vizsla Silver” or the “Company”) is pleased to report results from five new drill holes completed at its 100%-owned flagship Panuco silver-gold project ("Panuco" or the “Project”) in Mexico. Recent drilling has intercepted precious metals rich mineralization close to surface at the new El Molino Vein, located between the Napoleon and Copala resource areas, approximately 250 metres west of the Copala structure.

Highlights

  • NP-23-359 returned 2,066 grams per tonne (g/t) silver equivalent (AgEq) over 1.65 metres true width (mTW) (1,552 g/t silver, 8.37 g/t gold, 0.47 % lead and 1.22 % zinc) 

    • Including, 3,480 g/t AgEq over 0.93 mTW (2,630 g/t silver, 14.20 g/t gold, 0.62 % lead and 1.57 % zinc)

  • NP-23-407 returned 1,110 g/t AgEq over 1.70 mTW (1,000 g/t silver, 2.25 g/t gold, 0.33 % lead and 0.52 % zinc) 

    • Including, 2,033 g/t AgEq over 0.85 mTW (1,885 g/t silver, 3.61 g/t gold, 0.43 % lead and 0.66 % zinc)

  • NP-23-411 returned 395 g/t AgEq over 4.15 mTW (179 g/t silver, 0.96 g/t gold, 0.19 % lead and 4.38 % zinc) 

We are excited to announce yet another high-grade, near-surface discovery at the Panuco project,” commented Michael Konnert, President and CEO. “El Molino was discovered while conducting condemnation drilling between the Copala and Napoleon resource areas where future mining infrastructure could potentially be situated. This discovery marks the second new discovery of this year’s drill program that is in close proximity to the Project’s other major resource centres. To date, we have traced high-grade mineralization at El Molino for approximately 170 metres along strike and 200 metres down dip, and it remains open in all directions. Moving forward, we intend to complete 2,500 metres of additional drilling at El Molino with the goal of expanding the zone’s mineralized footprint.

https://www.newswire.ca/en/releases/archive/October2023/24/c5724.html

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