| Announcement Date: | 2022-02-28 |
|---|---|
| Announcement Type: | Deposit Estimation |
| Announcement Code: | NI43-101 |
| Company name: | Vizsla Silver Corp. |
| Project name: | Panuco-Copala |
| Location: | Mexico |
| Commodities: | Gold,Silver,Lead,Zinc |
| Highlight: | Initial Resource Estimate for Project |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | VANCOUVER, BC, Feb. 28, 2022 /CNW/ – Vizsla Silver Corp. (TSXV: VZLA) (NYSE: VZLA) (Frankfurt: 0G3) (“Vizsla” or the “Company”) is pleased to announce the maiden mineral resource estimate (the “Resource Estimate”) for its flagship, 100% owned Panuco silver-gold project (the “Project” or “Panuco”) located in Sinaloa, Mexico. Highlights: Indicated Mineral Resources are estimated at 6.9 million tonnes (“Mt”) grading 150 grams per tonne (“g/t”) silver, 1.64 g/t gold, 0.27 % lead, and 0.53 % zinc (370 g/t silver equivalent (“AgEq”)). The Resource Estimate includes indicated resources of 33.2 million ounces (“Moz”) of silver, 362.6 thousand ounces (“koz”) of gold, 18 kilo tonnes (“kt”) of lead, and 36 kt of zinc (81.6 Moz AgEq). Inferred Mineral Resources are estimated at 5.3 Mt grading 156 g/t silver, 1.51 g/t gold, 0.16 % lead, and 0.35 % zinc (334 g/t AgEq). The Resource Estimate includes inferred resource of 26.6 Moz of silver, 256.5 koz of gold, 8.5 kt of lead, and 18.8 kt of zinc (56.9 Moz AgEq). The Resource Estimate is based on a total drill database of 445 holes (124,915 meters) completed by Vizsla between November 2019 and December 2021. |
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