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Vizsla Increases to Eight Drill Rigs at Panuco and Announces ATM Equity Program with Canaccord Genuity
Vizsla Increases to Eight Drill Rigs at Panuco and Announces ATM Equity Program with Cana...
About this update from Vizsla Silver Corp.
[{"type":"text","content":"\n \n \n \n Vizsla Increases to Eight Drill Rigs at Panuco and Announces ATM Equity Program with Canaccord Genuity\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.prntac{\nTEXT-ALIGN: CENTER\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n (VZLA-TSX-V)\n \n \n \n /THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN\n \n THE UNITED STATES\n \n /\n \n \n \n VANCOUVER, BC\n \n ,\n \n April 1, 2021\n \n /CNW/ -\n \n Vizsla Silver Corp.\n \n (TSXV: VZLA) (OTCQB: VIZSF) (\n \n Frankfurt\n \n : 0G3) (\"\n \n Vizsla\n \n \" or the \"\n \n Company\n \n \") is pleased to announce that an additional drill rig has arrived at site bringing the total rig count to eight at the\n \n Copala\n \n -\n \n Panuco\n \n project (\"\n \n \n Panuco\n \n \n \" or the \"\n \n Project\n \n \") in\n \n Sinaloa, Mexico\n \n . The Company is also pleased to announce that it has entered into an equity distribution agreement (the \"\n \n Distribution Agreement\n \n \") with Canaccord Genuity Corp. (\"\n \n Canaccord Genuity\n \n \") and filed a Prospectus Supplement (as defined below) in respect of an at-the-market equity program (the \"\n \n ATM Program\n \n \").\n \n \n \n \n \n \n \n \n \n The additional drill rig will be mobilized to the northern end of the Animas vein corridor to test the La Bomba,\n \n Rosarito\n \n and Cuevillas targets within the La Bomba mine. A 100 metre access and drill station are planned to bypass an unsupported area where the old mine is not considered safe to access. The initial drilling will test beneath mined out areas with each target having a strike length of 140 to 250 metres long and mapped widths of 2 metre average width and up to 7 metres maximum width. The shoots remain open below the lowest mined levels and drilling will define depth extensions to this mineralization.\n \n \n CEO\n \n Michael Konnert\n \n stated,\n \n \"With the eighth drill rig mobilized to site the Company is well positioned to maximize its drill program for 2021.  We continue to see positive results from the Company's drilling program&#x...