Hits 18.15M Of 457 G/T Silver Equivalent In New Zone
Vizsla Resources Corp. (TSXV: VZLA) has had promising success with the first results from the Aguita Zarca prospect on the Corden del Oro Vein at the Panuco silver-gold project in Mexico.
These first drillhole is testing a series of closely spaced veins in a new target area with oxidised mineralisation almost from surface.
Drilling Highlights: Hole CO-20-13
- 457 g/t silver equivalent (117.9 g/t silver and 3.71 g/t gold) over 18.15 m downhole width from 60.15 m including,
- 1,208 g/t silver equivalent (243.8 g/t silver and 10.49 g/t gold) over 5.95 m downhole width from 61.55 m
President and CEO, Michael Konnert, said Vizsla is drilling with five rigs across the district and is funded for an even more aggressive 2021.”
“Drilling such a broad zone of veining at the Aguita Zarca prospect is another significant step forward for the Panuco project. This new zone is located over 5km east of our initial discovery at Napoleon and is located on the Cordon del Oro vein corridor, which has never been drilled before,” Mr Konnert said.
“The Aquita Zarca zone has significant size potential with a 400m strike length with surface mineralization and multiple closely spaced veins. 2020 has been an incredibly successful year and the Company continues to aggressively unlock the potential of Panuco.
“This is a clear demonstration of the upside that drilling can unlock at the underexplored Panuco district.”
The Aguita Zarca prospect was defined in the middle of this year with detailed field mapping and surface sampling along the Cordon del Oro vein corridor.
The prospect is only 1,300m to the west southwest of the El Coco Mill and San Carlos mine but occurs at a 160M higher elevation.
It occurs along the Cordon del Oro trend that has wide veins over long distances and the Company believes represents a less eroded version of the adjacent Animas vein corridor. The trend has never previously been drilled and contains multiple small-scale workings.
Vizsla has an option to acquire 100% of the recently consolidated 9,386.5 Ha Panuco district in southern Sinaloa, Mexico, near the city of Mazatlán. The option allows for the acquisition of over 75 km of total vein extent, a 500 tpd mill, 35 kms of underground mines, tailings facilities, 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. Host rocks are mainly continental volcanic rocks correlated to the Tarahumara Formation.
