Vizsla Silver Corp. said Tuesday that it plans to carry out over 90,000 meters of drilling as it seeks to expand and de-risk the Panuco project's resource base in 2023. The company said the drill campaign aims to grow the resources within the Copala and Napoleon areas, as well as test high-priority targets near the current resource areas.
Vizsla said seven diamond drill rigs will be active on the property in 2023, with four focused on upgrading and expanding the current resource base in the western portion of the district. The remaining three are focused on exploration.
"With a fully funded +90,000-meter drill program utilizing seven drill rigs, we plan to update the current Panuco resource estimate in the second half of 2023, which will be followed in due course by an initial preliminary economic assessment," President and CEO Michael Konnert said.