Vizsla Silver Corp.(TSXV: VZLA) has obtained a number of high-hrade results from nine new drill holes targeting the Tajitos – Copala resource area at its 100%-owned, flagship Panuco silver-gold project in Mexico.
The results are exclusively from the Copala structure located in the western portion of the district and expand the high-grade mineralised footprint to the north of the March 2022 mineral resource estimate by approximately 100 metres.
Highlights
- CS-22-193 returned 2,093 grams per tonne (g/t) silver equivalent (AgEq) over 10.20 metres true width (mTW) (1,404 g/t silver and 10.94 g/t gold)
- Including 36,195 g/t AgEq over 0.38 mTW (23,058 g/t silver and 205.00 g/t gold)
- And, 2,233 g/t AgEq over 0.91 mTW (1,550 g/t silver and 11.00 g/t gold)
- And, 2,742 g/t AgEq over 0.53 mTW (2,090 g/t silver and 11.10 g/t gold)
- CS-22-192 returned 877 g/t AgEq over 7.31 mTW (743 g/t silver and 2.59 g/t gold)
- Including 971 g/t AgEq over 0.93 mTW (739 g/t silver and 3.94 g/t gold)
- And, 3,930 g/t AgEq over 1.01 mTW (3,560 g/t silver and 8.60 g/t gold)
- CS-22-200 returned 879 g/t AgEq over 14.24 mTW (632 g/t silver and 4.30 g/t gold)
- Including 2,256 g/t AgEq over 0.71 mTW (1,575 g/t silver and 11.00 g/t gold)
- And, 4,905 g/t AgEq over 1.07 mTW (3,510 g/t silver and 22.80 g/t gold)
“Expansion drilling at Copala continues to increase the known size of this robust near surface vein system with exceptional silver and gold grades,” President and CEO, Michael Konnert, said.
“We have now expanded the mineralized footprint well beyond the March 2022 resource boundary and it remains open in all directions. Given its proximity to Tajitos and the recently announced Cristiano discovery, it is becoming increasingly clear that we are building critical mass in this area of the district.”
The Copala Vein is located at the northern extent and on the hangingwall side of the Tajitos structure. Copala is marked by high precious metals grades (up to 11,053 g/t silver and 33.50 g/t gold over 1.26 mTW) hosted within a broader envelope, of vein-breccia interlayered with host rock, up to 82 metres thick.
Local mineralised high-grade intervals of up to 20.45 mTW returning grades of up to 1,030 g/t AgEq (780 g/t silver and 4.23 g/t gold) have been intercepted in the drilling. Ongoing interpretations by Vizsla’s geologists is defining the variability in Copala’s dip, ranging from shallow (~35° to the east) in its northern sector and steepening (~52° to the east) in the southern sector.
The drilling in the northwestern portion of Copala has traced mineralisation along approximately 1,000 metres of strike length and approximately 400 metres down dip. Furthermore, today’s reported intercepts add over 100m strike length to the NNW beyond the March 2022 resource boundary. The high-grade mineralised shoot remains open to the north with potential to continue on the footwall side of the Tajitos vein structure.
Ongoing detailed structural and geologic interpretations indicate potential for the mineralisation to also continue down dip to the east and along strike to the south. Drill testing those extensions is the near-term focus for expansion as Vizsla continues to explore the Copala area.
Drilling focused on expanding the Copala resource area continues to highlight the well-developed, high-grade mineral continuity. The intercepts reported here, previously reported Copala intercepts, the Copala 2 vein-splay intercepts, situated between Tajitos and Copala, and the recently reported NW trending Cristiano veins, support the potential to discover additional blind to surface veins in the vicinity.
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