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Vizsla Silver Provides Exploration Update On Panuco Project: Outlines 10km Drill Program To Test New Targets In The East Area
VANCOUVER, BC, Aug. 21, 2024 /CNW/ - Vizsla Silver Corp. (TSXV: VZLA) (NYSE: VZLA) (Frankfurt: 0G3) ("Vizsla" or the "Company") is pleased to provide an update
About this update from Vizsla Silver Corp.
[{"type":"text","content":" VANCOUVER, BC, Aug. 21, 2024 /CNW/ - Vizsla Silver Corp. (TSXV: VZLA) (NYSE: VZLA) (Frankfurt: 0G3) (\"Vizsla\" or the \"Company\") is pleased to provide an update on resource expansion potential and outline its exploration plans to test high priority targets in the central and east areas of its flagship Panuco silver-gold district (the \"Property\" or \"Panuco\") as well as other greenfield prospects located in Sinaloa, Mexico. \"With Panuco Project 1 now having been defined, the hunt for Project 2 begins,\" commented Michael Konnert, President and CEO. \"Since our initial discovery at Napoleon, we have completed over 350,000 metres of diamond drilling, made several new discoveries and outlined a robust, high-grade resource base which serves as the foundation for Panuco Project 1, located in the southwest corner of the district. We are now determined to identify the next epicenter of high-grade mineralization in the central and/or east area of the district with the potential to host similar resources to that outlined in Project 1. To support this objective, we have budgeted 10,000 metres of new exploration drilling for the remainder of the year designed to test highly prospective targets. These select targets are based on an improved geologic understanding of the structural controls to mineralization as well as ongoing mapping, sampling, observations of metal ratios and alteration and other exploration methods. Additionally, we will continue to enhance the resource base that informs the Project 1 PEA through an expanded infill program targeting the first few years of production from Copala. This will culminate in a mineral resource update planned for late Q4 2024.\" Key Exploration Objectives for 2024 Complete +10,000 metres of exploration drilling in the central-east area of the district. Complete +5,000 meters of resource infill/expansion drilling in Copala central. Complete VTEM, airborne mag and radiometric surveys on 950 l-km. Advance mapping of the district to 70% coverage. Provide updated resource estimate in Q4 2024. Webcast Vizsla Silver will be hosting a webcast at 9:30 am PT (12:30 pm ET) on Thursday, August 22, 2024, to present and discuss the geology of the Panuco district and outline its exploration plans and objectives for the remainder of the year. To register, please click here. Exploration Approach and O...