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VIZSLA COPPER ENTERS INTO AGREEMENT TO ACQUIRE RG COPPER CORP: ADDS STRATEGIC LAND POSITION BETWEEN WOODJAM AND MOUNT POLLEY
VIZSLA COPPER ENTERS INTO AGREEMENT TO ACQUIRE RG COPPER CORP: ADDS STRATEGIC LAND POSITION BETWE...
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[{"type":"text","content":"\n \n \n \n VIZSLA COPPER ENTERS INTO AGREEMENT TO ACQUIRE RG COPPER CORP: ADDS STRATEGIC LAND POSITION BETWEEN WOODJAM AND MOUNT POLLEY\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n VANCOUVER, BC\n \n \n ,\n \n \n May 12, 2023\n \n \n /CNW/ - Vizsla Copper Corp. (TSXV: VCU) (OTCQB: VCUFF) (\n \n FRANKFURT\n \n : 97E0) (\"\n \n Vizsla Copper\n \n \" or the \"\n \n Company\n \n \") is pleased to announce that it has agreed to acquire 100% of the issued and outstanding shares of RG Copper Corp. (\"\n \n RG Copper\n \n \") pursuant to a share exchange agreement (the \"\n \n Acquisition\n \n \n Agreement\n \n \") dated\n \n May 10, 2023\n \n (the \"\n \n Acquisition\n \n \").\n \n \n RG Copper has the right to acquire up to a 70% interest in the Redgold Copper-Gold Project (the \"\n \n Redgold Project\n \n \") pursuant to an option agreement entered into with the owners of the Redgold Project (the \"\n \n Underlying Option Agreement\n \n \").\n \n \n \n Highlights\n \n \n \n \n \n District-Scale Opportunity:\n \n With the addition of the Redgold Project the Company's combined Woodjam-Redgold project area will cover 74,604 hectares of prospective geology in the\n \n Quesnel\n \n terrane of south-central\n \n British Columbia\n \n .\n \n \n \n Strategic Location:\n \n The Redgold Project is contiguous with the Company's Woodjam Copper-Gold Project (the \"\n \n Woodjam Project\n \n \") to the south and Imperial Metals' Mount Polley project to the north (see Figure 1).\n \n \n \n Strongly Mineralized:\n \n Five zones of copper-gold porphyry-related mineralization have been identified to date; East, Quarry, Northeast, North and Redgold.\n \n \n \n East Zone Target:\n \n Previous drilling at the East zone intersected 0.21% Cu and 0.24 g/t Au over 152 metres in drill hole RG12-11\n \n 1\n \n .  This mineralization is open for expansion.\n \n \n \n High Grade Intersections:\n \n Previous drilling at the North zone intersected 2.87% Cu and 2.07 g/t Au over 8.1 metres in drill hole SH07-03\n \n 2\n \n .\n \n \n \n \n \"Our team ha...