VIZSLA SILVER REPORTS ADDITIONAL HIGH-GRADE INTERCEPTS ON COPALA AND ITS SPLAYS
NYSE: VZLA TSX-V: VZLA
- CS-24-342 returned 703 grams per tonne (g/t) silver equivalent (AgEq) over 6.00 metres true width (mTW) (487 g/t silver and 3.69 g/t gold)
- Including 1,327 g/t AgEq over 2.26 mTW (832 g/t silver and 8.09 g/t gold)
- Including 1,327 g/t AgEq over 2.26 mTW (832 g/t silver and 8.09 g/t gold)
- COP-2023-001 returned 332 g/t AgEq over 13.60 mTW (240 g/t silver and 1.61 g/t gold)
- Including 1,793 g/t AgEq over 1.10 mTW (1,075 g/t silver and 11.55 g/t gold)
- Including 1,793 g/t AgEq over 1.10 mTW (1,075 g/t silver and 11.55 g/t gold)
- COP-2023-004 returned 658 g/t AgEq over 5.10 mTW (318 g/t silver and 5.23 g/t gold)
- Including 1,436 g/t AgEq over 0.28 mTW (338 g/t silver and 16.00 g/t gold)
- And 2,104 g/t AgEq over 0.96 mTW (1,270 g/t silver and 13.45 g/t gold)
- CS-24-339 returned 832 g/t AgEq over 2.92 mTW (738 g/t silver and 2.28 g/t gold)
"Ongoing drilling at the high-grade
The precious metals dominant Copala Structure, located in the western portion of the
Ongoing drilling at
Infill and geotechnical drilling completed in the south and north-central areas of
Drillhole |
From |
To |
Downhole |
Estimated |
Ag |
Au |
AgEq |
Vein |
|
|
|
|
|||||||||
(m) |
(m) |
(m) |
(m) |
(g/t) |
(g/t) |
(g/t) |
|
|
||
CS-23-322 |
No significant values |
Copala |
|
|
||||||
CS-23-323 |
No significant values |
Copala |
|
|
||||||
CS-23-324 |
No significant values |
Copala |
|
|
||||||
CS-23-325 |
No significant values |
Copala |
|
|
||||||
CS-23-326 |
558.50 |
560.65 |
2.15 |
2.05 |
101 |
3.15 |
315 |
Copala 3 |
|
|
CS-23-326 |
No significant values |
Copala |
|
|
||||||
CS-23-326 |
742.50 |
743.50 |
1.00 |
0.95 |
695 |
5.05 |
988 |
FW Splay |
|
|
CS-23-327 |
481.40 |
482.70 |
1.30 |
1.10 |
157 |
0.85 |
203 |
Copala 3 |
|
|
CS-23-327 |
493.50 |
495.00 |
1.50 |
1.25 |
231 |
0.93 |
276 |
Copala 3 |
|
|
CS-23-327 |
No significant values |
Copala |
|
|
||||||
CS-23-327 |
No significant values |
FW Splay |
|
|
||||||
CS-23-328A |
No significant values |
Copala |
|
|
||||||
CS-23-329A |
No significant values |
Copala |
|
|
||||||
CS-23-330 |
762.00 |
768.00 |
6.00 |
5.60 |
271 |
0.82 |
305 |
Copala |
|
|
Includes |
766.50 |
768.00 |
1.50 |
1.40 |
732 |
2.11 |
815 |
Copala |
|
|
CS-23-331 |
No significant values |
Copala 3 |
|
|
||||||
CS-23-331 |
No significant values |
Copala |
|
|
||||||
CS-23-331 |
370.80 |
372.00 |
1.20 |
0.83 |
612 |
3.48 |
802 |
Copala 4 |
|
|
CS-23-332 |
499.20 |
500.60 |
1.40 |
1.35 |
290 |
1.80 |
391 |
Copala 3 |
|
|
Includes |
500.10 |
500.60 |
0.50 |
0.45 |
473 |
2.80 |
628 |
Copala 3 |
|
|
CS-23-332 |
548.50 |
550.90 |
2.40 |
1.92 |
707 |
1.53 |
751 |
Copala |
|
|
CS-23-333 |
No significant values |
Copala 3 |
|
|
||||||
CS-23-333 |
No significant values |
Copala |
|
|
||||||
CS-23-333 |
782.35 |
783.40 |
1.05 |
0.85 |
18 |
10.10 |
729 |
Copala 4 |
|
|
CS-23-334 |
No significant values |
Copala 3 |
|
|
||||||
CS-23-335 |
No significant values |
Copala |
|
|
||||||
COP-2023-001 |
145.30 |
158.90 |
13.60 |
13.60 |
240 |
1.61 |
332 |
Copala |
|
|
Includes |
146.00 |
147.10 |
1.10 |
1.10 |
1,075 |
11.55 |
1,793 |
Copala |
|
|
COP-2023-001 |
No significant values |
Copala 2 |
|
|
||||||
COP-2023-001 |
310.00 |
311.00 |
1.00 |
0.80 |
508 |
1.19 |
547 |
FW Splay |
|
|
COP-2023-002 |
196.60 |
201.00 |
4.40 |
3.95 |
415 |
2.01 |
520 |
Tajtos |
|
|
COP-2023-003 |
85.50 |
87.00 |
1.50 |
1.40 |
1 |
2.40 |
170 |
Copala |
|
|
COP-2023-004 |
195.75 |
202.10 |
6.35 |
5.10 |
318 |
5.23 |
658 |
Copala |
|
|
Includes |
197.65 |
198.00 |
0.35 |
0.28 |
338 |
16.00 |
1,436 |
Copala |
|
|
Includes |
200.90 |
202.10 |
1.20 |
0.96 |
1,270 |
13.45 |
2,104 |
Copala |
|
|
COP-2023-005 |
252.75 |
254.80 |
2.05 |
2.00 |
541 |
2.47 |
666 |
Copala |
|
|
CS-24-336 |
No significant values |
Copala 3 |
|
|
||||||
CS-24-336 |
414.60 |
415.25 |
0.65 |
0.65 |
170 |
0.30 |
176 |
Copala |
|
|
CS-24-337 |
No significant values |
Copala 3 |
|
|
||||||
CS-24-337 |
No significant values |
Copala |
|
|
||||||
CS-24-337 |
727.15 |
727.90 |
0.75 |
0.56 |
551 |
4.48 |
817 |
FW Splay |
|
|
CS-24-337 |
741.55 |
743.15 |
1.60 |
1.05 |
242 |
0.82 |
278 |
Copala 4 |
|
|
Includes |
741.55 |
742.05 |
0.50 |
0.33 |
496 |
1.51 |
558 |
Copala 4 |
|
|
CS-24-338 |
No significant values |
Copala 3 |
|
|
||||||
CS-24-339 |
663.00 |
666.65 |
3.65 |
2.92 |
738 |
2.28 |
832 |
Copala |
|
|
CS-24-339 |
685.50 |
686.50 |
1.00 |
0.80 |
267 |
0.87 |
304 |
Copala 4 |
|
|
CS-24-340 |
No significant values |
Copala |
|
|
||||||
CS-24-341 |
No significant values |
Copala |
|
|
||||||
CS-24-342 |
627.60 |
634.25 |
6.65 |
6.00 |
487 |
3.69 |
703 |
Copala |
|
|
CS-24-342 |
648.95 |
650.10 |
1.15 |
0.95 |
252 |
1.25 |
317 |
FW Splay |
|
|
CS-24-342 |
655.90 |
656.60 |
0.70 |
0.55 |
304 |
1.01 |
347 |
FW Splay |
|
|
CS-24-342 |
675.20 |
675.85 |
0.65 |
0.60 |
1,435 |
3.83 |
1,576 |
Copala 4 |
|
|
CS-24-343 |
No significant values |
Copala |
|
|
Note: AgEq = Ag g/t x Ag rec. + (Au g/t x |
Table 1: Downhole drill intersections from the holes reported for
Drillhole |
Easting |
Northing |
Elevation |
Azimuth |
Dip |
Depth |
CS-23-322 |
405,518 |
2,586,347 |
563 |
260.0 |
-45.5 |
786.0 |
CS-23-323 |
405,087 |
2,586,573 |
710 |
281.4 |
-55.3 |
678.0 |
CS-23-324 |
405,276 |
2,586,490 |
677 |
282.5 |
-53.8 |
753.0 |
CS-23-325 |
405,073 |
2,586,909 |
649 |
246.0 |
-58.0 |
606.0 |
CS-23-326 |
405,275 |
2,586,491 |
677 |
288.0 |
-51.6 |
754.5 |
CS-23-327 |
405,073 |
2,586,909 |
648 |
246.7 |
-62.7 |
802.5 |
CS-23-328A |
405,275 |
2,586,491 |
677 |
293.8 |
-51.8 |
765.0 |
CS-23-329A |
405,073 |
2,586,909 |
648 |
240.4 |
-59.9 |
726.0 |
CS-23-330 |
405,518 |
2,586,347 |
563 |
260.0 |
-52.6 |
834.0 |
CS-23-331 |
404,879 |
2,586,597 |
659 |
277.8 |
-66.8 |
495.0 |
CS-23-332 |
405,073 |
2,586,909 |
648 |
273.5 |
-56.7 |
595.5 |
CS-23-333 |
405,401 |
2,586,489 |
618 |
263.7 |
-52.8 |
801.0 |
CS-23-334 |
404,879 |
2,586,597 |
659 |
271.2 |
-61.3 |
474.0 |
CS-23-335 |
404,829 |
2,586,685 |
654 |
250.0 |
-63.2 |
423.0 |
COP-2023-001 |
404,674 |
2,587,217 |
533 |
295.0 |
-50.0 |
321.0 |
COP-2023-002 |
404,504 |
2,587,120 |
547 |
310.0 |
-50.0 |
330.0 |
COP-2023-003 |
404,575 |
2,587,076 |
542 |
300.0 |
-55.0 |
351.0 |
COP-2023-004 |
404,724 |
2,586,986 |
594 |
245.0 |
-58.0 |
501.0 |
COP-2023-005 |
404,778 |
2,586,757 |
629 |
55.0 |
-55.0 |
363.0 |
CS-24-336 |
404,912 |
2,586,771 |
680 |
246.2 |
-62.5 |
501.0 |
CS-24-337 |
405,401 |
2,586,489 |
618 |
259.3 |
-50.9 |
783.0 |
CS-24-338 |
404,754 |
2,586,692 |
617 |
260.3 |
-67.8 |
300.0 |
CS-24-339 |
405,401 |
2,586,489 |
618 |
259.1 |
-46.2 |
789.0 |
CS-24-340 |
404,905 |
2,586,443 |
615 |
235.9 |
-61.2 |
415.0 |
CS-24-341 |
404,905 |
2,586,443 |
605 |
255.9 |
-59.9 |
450.0 |
CS-24-342 |
405,401 |
2,586,489 |
612 |
253.2 |
-48.2 |
735.0 |
CS-24-343 |
404,905 |
2,586,443 |
471 |
253.1 |
-67.5 |
471.0 |
Table 2: Drillhole details for the reported drillholes. Coordinates in WGS84, Zone 13.
The newly consolidated
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.
On
Drill core samples were shipped to ALS Limited in
Control samples comprising certified reference samples, duplicates and blank samples were systematically inserted into the sample stream and analyzed as part of the Company's quality assurance / quality control protocol.
In accordance with NI 43-101,
The scientific and technical information in this news release was prepared in accordance with NI 43-101 which differs significantly from the requirements of the
You are cautioned not to assume that any part or all of mineral resources will ever be converted into reserves. Pursuant to CIM Definition Standards, "inferred mineral resources" are that part of a mineral resource for which quantity and grade or quality are estimated on the basis of limited geological evidence and sampling. Such geological evidence is sufficient to imply but not verify geological and grade or quality continuity. An inferred mineral resource has a lower level of confidence than that applying to an indicated mineral resource and must not be converted to a mineral reserve. However, it is reasonably expected that the majority of inferred mineral resources could be upgraded to indicated mineral resources with continued exploration. Under Canadian rules, estimates of inferred mineral resources may not form the basis of feasibility or pre-feasibility studies, except in rare cases. Investors are cautioned not to assume that all or any part of an inferred mineral resource is economically or legally mineable. Disclosure of "contained ounces" in a resource is permitted disclosure under Canadian regulations; however, the
Canadian standards, including the CIM Definition Standards and NI 43-101, differ significantly from standards in the SEC Industry Guide 7. Effective
Neither
This news release includes certain "Forward–Looking Statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and "forward–looking information" under applicable Canadian securities laws. When used in this news release, the words "anticipate", "believe", "estimate", "expect", "target", "plan", "forecast", "may", "would", "could", "schedule" and similar words or expressions, identify forward–looking statements or information. These forward–looking statements or information relate to, among other things: the exploration, development, and production at
Forward–looking statements and forward–looking information relating to any future mineral production, liquidity, enhanced value and capital markets profile of
These statements reflect
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