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Vizsla Silver Provides 2021 Year-end Summary And 2022 Outlook
VANCOUVER, BC, Jan. 27, 2022 /CNW/ - Vizsla Silver Corp. (TSXV: VZLA) (NYSE: VZLA) (Frankfurt: 0G3) ("Vizsla" or the "Company") is pleased to provide a year-end
About this update from Vizsla Silver Corp.
[{"type":"text","content":" VANCOUVER, BC, Jan. 27, 2022 /CNW/ - Vizsla Silver Corp. (TSXV: VZLA) (NYSE: VZLA) (Frankfurt: 0G3) (\"Vizsla\" or the \"Company\") is pleased to provide a year-end summary of its activities at its flagship Panuco silver-gold property (the \"Property\" or \"Panuco\") located in Sinaloa, Mexico and outline the Company's key objectives/milestones for 2022. 2021 Year in Review Vizsla President and CEO, Michael Konnert, commented: \"2021 was a transformative year for Vizsla both at the project level and on the corporate side. At Panuco, approximately 100,000 meters of new diamond drilling led to the discovery of several new high-grade veins, ultimately advancing the newly consolidated project to the resource drilling stage. On the corporate side, Vizsla successfully raised over C$70M in equity financings to fund ongoing exploration and development at Panuco and exercised its property earn-in agreements to take 100% controlling ownership of the district. To date, we have only drill tested a small portion of the known precious metal rich veins on the Property, with Napoleon and Tajitos representing less than 5% of the total inferred vein strike. Following the announcement of the maiden resource later this quarter, we plan to continue our aggressive exploration of the district with the goal of increasing the project resource base through category conversion and expansion drilling, culminating in a resource update in H2 of this year. We are extremely excited for 2022. We have the targets, the capital and most importantly the team to solidify Panuco as a world class silver primary deposit.\" 2021 Highlights & Discoveries The bulk of 2021 drilling was centred on the western portion of the district, where incremental step-out drilling at both Napoleon and Tajitos significantly expanded the Project's mineralized footprint. At Napoleon, mineralization has now been traced over 1,920 meters along strike and to an average depth of 300 meters. This represents an impressive 860% increase in strike length for the year. Similarly, at Tajitos, Vizsla completed ~30,000 meters of targeted expansion drilling resulting in a 470% increase in mineralized strike length. In both areas, systematic drilling improved the overall understanding of vein geometry, structure and controls to mineralization which will feed into the Company's maiden resource...