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Vizsla Silver Corp. (TSXV: VZLA, NYSE: VZLA, Frankfurt: 0G3) is a Canadian mineral exploration and development company with its headquarters in Vancouver, BC. The company is primarily focused on advancing its flagship, 100%-owned Panuco silver-gold project located in Sinaloa, Mexico. This project spans 17,856.5 hectares and is notable for its high-grade silver and gold mineralization.
At the core of the Panuco project are numerous mineral deposits, including the Copala and Napoleon veins. The Panuco district has a proven track record with over 86 kilometers of total vein extent and 35 kilometers of underground workings, supported by established roads, power, and permits.
Vizsla Silver has made significant strides in exploration, completing over 368,000 meters of drilling to discover several new high-grade veins. The company recently announced an updated mineral resource estimate for Panuco, which includes an estimated in-situ indicated mineral resource of 155.8 Moz AgEq and an in-situ inferred resource of 169.6 Moz AgEq.
In a strategic move to expand its resource base, Vizsla Silver entered into an agreement to acquire the past-producing La Garra-Metates district situated in the heart of the Panuco – San Dimas corridor. This acquisition includes two vein systems with significant silver and gold grades, further bolstering the company's portfolio.
For 2024, Vizsla Silver has outlined an ambitious plan, budgeting over 65,000 meters of resource and discovery-based drilling. The primary objectives are to upgrade and expand the existing mineral resources, as well as to test other high-priority targets across the district. The company aims to de-risk the resource base located in the western portion of the district ahead of a development decision, strategically positioning itself to become a leading silver producer globally.
Vizsla Silver is not just limited to exploration. The company is actively involved in various strategic initiatives, including the spinout of Vizsla Royalties Corp. (Spinco) to its shareholders. This move is expected to enhance shareholder value by unlocking the potential of its royalty assets.
Ensuring rigorous quality control, Vizsla Silver employs systematic insertion of control samples, certified reference materials, duplicates, and blanks into the sample stream. These samples are analyzed at ISO certified facilities, maintaining high standards of accuracy and reliability.
With a talented management team, a strong financial position, and a clear focus on strategic growth, Vizsla Silver is well-positioned to capitalize on the rising demand for silver driven by global decarbonization and electrification efforts.
Vizsla Silver Corp. (VZLA) announced significant results from 24 drill holes at its 100%-owned Panuco project in Mexico, particularly targeting the Copala structure. New drill results extend the high-grade mineralized footprint to 600 meters along strike and 400 meters down dip. Highlights include:
- CS-22-169: 1,030 g/t AgEq over 20.45 mTW
- CS-22-155: 900 g/t AgEq over 14.50 mTW
- CS-22-154: 1,331 g/t AgEq over 9.35 mTW
The Copala Vein continues to exceed expectations, with ongoing exploration aimed at expanding resources ahead of a planned Resource Update in Q4.
Vizsla Silver Corp. (VZLA) announced significant drill results from 18 new holes at the Napoleon Vein, part of its 100% owned Panuco project in Mexico. Highlights include NP-22-258, which returned 2,098 g/t silver equivalent over 4.30 m true width, and NP-22-281, showing 5,700 g/t AgEq over 1.40 m. These results support a model indicating a high-grade, expanding mineralized zone. The drilling program, backed by complete funding, aims to enhance resources in this corridor, with plans for a resource update in Q4 2022.
Vizsla Silver Corp. (NYSE: VZLA) announced significant drill results from its Panuco silver-gold project in Mexico, reporting high-grade silver and gold intersections. Highlights include:
- CS-22-161: 3,513 g/t AgEq over 2.65 m
- CS-22-157: 1,013 g/t AgEq over 4.20 m
- CS-22-154: 3,286 g/t AgEq over 1.70 m
- CS-22-158: 1,671 g/t AgEq over 1.50 m
The company identified a new high-grade vein, Copala 2, enhancing resource expansion potential in the Tajitos-Copala area. Ongoing exploration aims to further define additional mineralization.
Vizsla Silver Corp. (NYSE: VZLA) has announced the results of 19 new drill holes at its Panuco silver-gold project in Mexico, revealing high-grade intercepts from the Cuevillas and Rosarito zones. Key findings include:
- AM-22-42: 1,088 g/t AgEq over 1.26 mTW
- AM-21-39: 261 g/t AgEq over 5.66 mTW
- AM-21-31: 652 g/t AgEq over 4.71 mTW
These results confirm ongoing exploration success and highlight the untapped potential of the project, with plans for resource updates later in 2022.
Vizsla Silver Corp. (NYSE: VZLA, TSX-V: VZLA) has filed an independent technical report on its Panuco silver-gold project, which includes a maiden mineral resource estimate. The report, effective from March 1, 2022, was prepared following NI 43-101 standards by qualified geologists. Vizsla is focused on advancing this 100%-owned project in Sinaloa, Mexico, having completed over 140,000 metres of drilling to date. The company has budgeted an additional +120,000 metres of drilling for 2022 to further explore and upgrade the resource.
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