Vizsla Silver Corp T.VZLA

VIZSLA SILVER INTERCEPTS HIGH-GRADE AT LA LUISA AND EXPANDS

[altitude90]

https://www.newswire.ca/en/releases/archive/December2023/14/c0525.html

Vancouver, British Columbia (December 14, 2023) – Vizsla Silver Corp. (TSX-V: VZLA) (NYSE: VZLA) (Frankfurt: 0G3) (“Vizsla Silver” or the “Company”) is pleased to report results from 15 new drillholes targeting the “La Luisa” Vein located ~700 metres west of the Napoleon Area resource, at its 100%-owned flagship Panuco silver-gold project ("Panuco") in Mexico. Recently completed shallow drilling has confirmed the northern continuation of the Luisa structure, expanding its potential strike-length to 1,670 metres.  

Highlights

• NP-23-419 returned 650 grams per tonne (g/t) silver equivalent (AgEq) over 3.25 metres true width (mTW) (58 g/t silver, 7.74 g/t gold, 0.73 % lead and 1.44 % zinc)
  • Including, 1,220 g/t AgEq over 0.62 mTW (50 g/t silver, 16.74 g/t gold, 0.27 % lead and 0.99 % zinc)
• NP-23-397 returned 455 g/t AgEq over 3.55 mTW (137 g/t silver, 1.77 g/t gold, 0.39 % lead and 5.44 % zinc)
  • Including, 1,228 g/t AgEq over 0.70 mTW (408 g/t silver, 2.64 g/t gold, 0.34 % lead and 18.20 % zinc)
• NP-23-420 returned 568 g/t AgEq over 2.80 mTW (95 g/t silver, 6.97 g/t gold, 0.11 % lead and 0.17 % zinc)
  • Including, 888 g/t AgEq over 1.46 m TW (116 g/t silver, 11.50 g/t gold, 0.06 % lead and 0.07 % zinc)
• NP-23-401 returned 542 g/t AgEq over 1.35 mTW (386 g/t silver, 1.43 g/t gold, 0.86 % lead and 1.69 % zinc)

“The Luisa structure continues to grow laterally with new high-grade, near surface intervals,” commented Michael Konnert, President and CEO. “Mineralization at La Luisa has now been traced by drilling for over 1,250 metres along strike with an untested gap situated closer to surface that measures ~400 metres long. This has the potential, given ongoing exploration success, to add additional mineralized strike to La Luisa beyond the data cut off for inclusion in the pending mineral resource update planned for January 2024. Based on 44 holes completed to date at La Luisa, the structure hosts a weighted average grade of 497 g/t AgEq over an average width of 3.20 metres. Moving forward, we will continue to explore La Luisa with two drill rigs focused on expanding mineralization to the south and closing the untested gap to the north.”

[KozmoT]

Near surface, high grade and open ... SWEEEET!

[Paray99]

Yes, it should open gap up tomorrow

[Oilminerdeluxe]

Tremendous, tremendous company.

[Jetboy1]

I agree ! with the Grades they are hitting beautiful,but i fear the amount of stock out and they will need more money to get a head so more dilution not good.They need a partner to get further ahead or a buy out.High share float is the kiss of death. JB

[PanamaJeff]

Heh Jetboy!    I have a question for you. I haven't been following much over the last few years here on Stockhouse. I've owned VZLA for a few years now. Question:   Can you tell me why or give me your opinion as to why VZLA have not started the mining process even though they have the licenses and permits???   I do figure it is a strategic move but please, no

[Oilminerdeluxe]

They are going to release a new RE in Q1, then a PEA by summer (?). One might call that starting the mining process. Will be one of the biggest mines in the world, all high grade. It takes time to build a mine. I would guess 2027-28 for commercial production. But I believe they will be bought up long before that. Look at similar companies and their Market caps. There is where we should be going