Vizsla Silver Corp. (TSXV: VZLA) has obtained further strong results from 12 new drillholes targeting the recently discovered “La Luisa” Vein located west of the Napoleon Vein, at its 100%-owned flagship Panuco silver-gold project in Mexico.
The geology and vein geochemistry suggest the reported drill-hole intercepts correspond to shallow vein-levels, analogous to the previously proposed “Gold Rich-Shallow” level at the southern end of Napoleon.
Highlights
- NP-22-305 returned 404 grams per tonne (g/t) silver equivalent (AgEq) over 6.13 metres true width (mTW) (133 g/t silver, 3.68 g/t gold, 0.17 % lead and 0.30 % zinc) including, 2,567 g/t AgEq over 0.68 mTW (595 g/t silver, 27.50 g/t gold, 0.51 % lead and 0.60 % zinc) and, 534 g/t AgEq over 2.59 mTW (197 g/t silver, 4.60 g/t gold, 0.18 % lead and 0.43 % zinc) including, 1,935 g/t AgEq over 0.57 mTW (596 g/t silver, 18.50 g/t gold, 0.59 % lead and 0.94 % zinc)
- NP-22-303 returned 286 g/t AgEq over 1.00 mTW (49 g/t silver,2.90 g/t gold, 0.23 % lead and 0.70 % zinc)
- NP-22-321 returned 332 (g/t) AgEq over 0.84 mTW (70 g/t silver, 1.41 g/t gold, 0.19% lead and 4.53 % zinc) and, 246 g/t AgEq over 0.35 mTW (188 g/t silver, 0.69 g/t gold, 0.17% lead and 0.48 % zinc)
“Exploration continues outboard of the major resource centers outlined in the March 2022 MRE,” said Michael Konnert, President and CEO.
“La Luisa is one of several newly discovered prospects in the western portion of the Panuco District that hosts significant potential to add resources.
“We have now completed twelve drill holes at La Luisa and are encouraged by similarities shared with the adjacent shallow gold rich zone at Napoleon. This may indicate that results to date from La Luisa correlate to mineralisation higher up in the system, with improved grades and widths remaining at depth. Moving forward we will test this depth potential and determine if La Luisa is as robust as Napoleon.”
La Luisa Vein discovery
The La Luisa Vein is located approximately 700 m to the west of Napoleon in the southwest portion of the Panuco district. The structure has been mapped on surface for almost 1,000 m with an average strike of N35°W and dip of 70° – 80° to the NE. The Vein itself is hosted primarily by rhyolite tuffs (the upper part of the regional lower volcanic sequence) and bears vein-textures indicative of being at higher-levels in the epithermal profile.
Drilling completed at La Luisa, has returned significant gold concentrations with generally low silver and base metals. The relatively high gold to silver and base metals ratios observed, suggest this zone is analogous to the previously reported “Gold Rich-Shallow” level at the southern end of Napoleon.
At Napoleon, interpretations based on metal zonation and alteration, suggest that the vein corridor has been tilted with the southern extent being at the top of the mineralized horizon, near surface.
Going forward, Vizsla plans to drill deeper holes at La Luisa to target the zone’s precious metals rich core, which given the ongoing success of the local exploration model utilised at Napoleon, there exists the potential for increased grades and widths along strike and down plunge to the south.
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