Vizsla Silver (TSXV: VZLA) has continued to see positive results from its exploration at its Panuco silver-gold project in Mexico. The firm this morning released additional assays from recent drilling, while also announcing the expansion of its resource area.
The flagship zone on the Panuco project, the Napolean Vein resource area, has reportedly seen its footprint expanded to 1,820 metres long, with an average depth of 300 metres. The firm has indicated it has a weighted average grade of 421 g/t silver equivalent.
The high grade footprint meanwhile is said to be roughly 1,000 metres long, with an average depth of 400 metres and a weighted average grade of 453 g/t silver equivalent, while average vein widths are currently pegged at 3.9 metres. The high grade zone remains open both to depth and to the south.
Sponsored · Mercado Minerals
Hights from results released this morning meanwhile include:
- NP-21-168: 206 g/t silver equivalent over 5.76 metres
- NP-21-178: 347 g/t silver equivalent over 10.69 metres
- NP-21-192A: 650 g/t silver equivalent over 1.14 metres
- NP-21-194: 1,110 g/t silver over 0.39 metres
The company is currently targeting a maiden resource estimate at Panuco to be released in the first quarter of 2022, with the latest results to be included in that estimate.
Vizsla Silver last traded at $2.87 on the TSX Venture.
Information for this briefing was found via Sedar and the companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.
