VIZSLA COPPER ANNOUNCES NEW COPPER-MOLYBDENUM DISCOVERY AT THE THIRA TARGET; DRILLS 345.3 METERS OF 0.43% CUEQ IN FIRST DRILL HOLE AT THE POPLAR PROJECT, CENTRAL BC
HIGHLIGHTS
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Thira Discovery: The first drill hole of the program, TH25-138, intersected near-surface, porphyry-related copper-molybdenum-silver-gold mineralization throughout its entire ~500 meter length:
- 499.3 meters of 0.39% copper equivalent* (CuEq, 0.28% Cu, 0.02% Mo, 1.01 g/t Ag and 0.04 g/t Au, above a 0.1% CU cutoff grade) from 10.7 meters down hole, including
- 345.3 meters of 0.43% copper equivalent* (0.31% Cu, 0.02% Mo, 1.10 g/t Ag, and 0.05 g/t Au, above a 0.2% Cu cutoff grade) from 10.7 meters down hole, including
- 78.25 meters of 0.46% copper equivalent* (0.40% Cu, 0.01% Mo, 1.49 g/t Ag, and 0.09 g/t Au, above a 0.3% Cu cutoff grade) from 21.75 meters down hole, and including
- 53.0 meters of 0.53% copper equivalent* (0.35% Cu, 0.04% Mo, 1.28 g/t Ag, and 0.04 g/t Au, above a 0.3% Cu cutoff grade) from 140.0 meters down hole
- 499.3 meters of 0.39% copper equivalent* (CuEq, 0.28% Cu, 0.02% Mo, 1.01 g/t Ag and 0.04 g/t Au, above a 0.1% CU cutoff grade) from 10.7 meters down hole, including
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Drilling is Ongoing: The drill rig is currently evaluating the western extent of strong copper-molybdenum mineralization intersected in discovery hole TH25-138.
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Program Expansion: Over 5,000 meters of drilling are now planned at
Thira to systematically advance the discovery.
*Copper equivalent calculation (CuEq) uses metal prices of: Cu |
"The
"Our technical team, led by Dr.
Thira Porphyry Discovery
Drilling at
The first hole of the current drill program (and the first hole ever completed by
The nature of the porphyry-related, stockwork-controlled copper-molybdenum mineralization in discovery hole TH25-138 suggests the hole intersected a new and previously unknown porphyry center. The announced 2,400 meter drill program has therefore been expanded to over 5,000 meters with drilling aimed at investigating the lateral and vertical extent of the porphyry system.
Table 1. Assay Results
Hole ID |
Cutoff |
From |
To (m) |
Interval |
Cu |
Mo |
Au |
Ag |
CuEq |
TH25-138 |
0.1% Cu |
10.70 |
510.00 |
499.30 |
0.28 |
0.02 |
0.04 |
1.01 |
0.39 |
including |
0.2% Cu |
10.70 |
356.00 |
345.30 |
0.31 |
0.02 |
0.05 |
1.10 |
0.43 |
including |
0.3% Cu |
21.75 |
100.00 |
78.25 |
0.40 |
0.01 |
0.09 |
1.49 |
0.46 |
including |
0.3% Cu |
140.00 |
193.00 |
53.00 |
0.35 |
0.04 |
0.04 |
1.28 |
0.53 |
including |
0.3% Cu |
244.00 |
261.00 |
17.00 |
0.40 |
0.02 |
0.06 |
1.10 |
0.52 |
*Copper equivalent calculation (CuEq) uses metal prices of: Cu |
Figure 1. Map of the
Figure 2. Map of the Thira target showing the location of discovery hole TH25-138 with respect to shallow historic drill holes. The area marked by the conductivity-low1 is the focus for ongoing drilling. See footnote below Table 1 for CuEq calculation inputs. See references2,3 below for sources of historical drill data.
Figure 3. Section (628200E) through TH25-138 showing copper and molybdenum assays down hole. See footnote below Table 1 for CuEq calculation inputs. See references2,3 below for sources of historical drill data.
Figure 4. Core photos of TH25-138. A. Box photos showing core from collar to 21.22 meters. Note the strong mineralization beginning at the base of overburden. Porphyry-related mineralization extends from 10.7 meters down to the end of hole at 510.0 meters, B. strong disseminated and vein-hosted chalcopyrite mineralization associated with strong biotite alteration, C. example of late-stage anhydrite veins with bleached alteration halos, D. mineralized vein-dyke with quartz vein clasts crosscutting biotite monzonite, E. porphyry-related quartz-chalcopyrite veins with local centerlines with strong potassium feldspar halos. Abbreviations: qtz = quartz, cpy = chalcopyrite, mol = molybdenite, anh = anhydrite, bio = biotite, k-spar = potassium feldspar.
Table 2. Collar information
Hole ID |
Easting* |
Northing* |
Elevation |
Azimuth |
Dip |
Depth |
TH25-138 |
628209 |
5978101 |
1079 |
360 |
-80 |
510 |
*UTM NAD83 Z 09 |
The 44,200 hectare Poplar project in central BC covers Mesozoic aged arc-related volcanic, sedimentary and intrusive rocks considered prospective for porphyry-related copper and gold mineralization. In addition to the
Sampling, Chain of Custody, Quality Assurance and Quality Control
All drill core analytical results have been monitored through the Company's quality assurance and quality control program (QA/QC). Drill core was sawn in half at Vizsla's dedicated and secure core logging and processing facility near
Half of the drill core was sampled and shipped by a bonded courier in sealed and secured woven polyester bags to the ALS Global preparation facilities in
Following sample preparation, the pulps were sent to the ALS Global analytical laboratory in
Drill core samples were analyzed for 48 elements by ICP-MS on a 0.25-gram aliquot using a four-acid digestion (method ME-MS61). Overlimit samples (>10,000 ppm Cu) were re-analyzed using an ore-grade, four-acid digestion and ICP-AES finish (method ME-OG62). Gold was analyzed by fire assay on a 30-gram aliquot with an AES finish (inductively coupled plasma atomic emission spectroscopy - method Au-ICP21).
In addition to ALS Global laboratory QA/QC protocols, Vizsla implements a rigorous internal QA/QC program that includes the insertion of field and lab duplicates, certified reference materials (standards prepared by an independent lab) and blanks into the sample stream. Data verification of the analytical results includes a statistical analysis of the QA/QC data. Results are considered acceptable.
About
Qualified Person and National Instrument 43-101 Disclosure
The Company's disclosure of technical or scientific information in this press release has been reviewed and approved by
Some technical information contained in this release is historical in nature and has been compiled from public sources believed to be accurate. The technical information has not been verified by
References
- Henneberry, T.R. (2024), Data acquisition and processing report,
Helicopter Borne MobileMT Electromagnetic and Magnetic Survey , Assessment Report Indexing System, Report 41614, https://apps.nrs.gov.bc.ca/pub/aris - Wagner, D. (1995), Soil sampling and percussion drilling on the Thira Property,
Omineca Mining District , BC, Assessment Report Indexing System, Report 24109, https://apps.nrs.gov.bc.ca/pub/aris - Wagner, D. (1996), Assessment report, Diamond drilling on the Thira Property,
Omineca Mining District , BC, Assessment Report Indexing System, Report 24392, https://apps.nrs.gov.bc.ca/pub/aris
Neither the
FORWARD LOOKING STATEMENTS
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