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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