Figure 1: Plan map of recent drilling along the Napoleon vein. Source: Vizsla Silver Corp.
Vizsla Silver Corp. (TSXV:VZLA) has reported results from 11 new drill holes at the southern extension of the Napoleon Vein, within the company’s Panuco silver-gold project located in Mexico. The recent findings are focused on the western part of the district and are part of a 90,000-metre resource infill and expansion or discovery-focused drilling initiative.
Michael Konnert, President and CEO, commented in a press release: “Infill and expansionary drilling targeting the southern extent of Napoleon continues to intersect high silver and gold grades on both the main vein and its overlapping splay structures. We have now identified several splay veins branching off the main Napoleon structure located within both the footwall and hanging wall that remain open for future expansion. Most notable is the shallow dipping Hanging Wall 4 structure which returned 646 grams per tonne silver equivalent over ten meters true width and is open down dip. We continue to view the Napoleon Area as a primary target for future resource growth and development. Of the six drill rigs currently turning on the property, infill drilling continues at Napoleon with one rig. In addition to drilling, we are pleased to announce Vizsla has achieved 1.5 million work hours without a lost time incident at Panuco. This is yet another major milestone for the Company and is a testament to the focus and dedication of every Vizsla employee and contractor working on the Project.”
The Napoleon Southern Extent has revealed enhanced comprehension of the mineralization controls along the vein corridor. The pattern of metal zonation and alteration indicates that the corridor is tilted. The southern reach of the drilling appears at the top of the mineralized horizon, close to the surface. Previously reported high-grade gold assay values near the surface were consistent with this model, according to releases dated December 16, 2021, and March 29, 2022.
The infill drilling assay results show additional high-grade silver and gold values in vein splays located at the hanging wall of the primary Napoleon structure. These vein splays are typically situated between 25 to 120 meters into the hanging wall and often include high concentrations of lead and zinc along with precious metal values. Recent drilling suggests that the shallow-dipping Hanging Wall 4 splay remains open down dip to the east. Results from the hole designated NP-23-388 have prompted further exploration to the east and depth along Hanging Wall 4. Vizsla continues to work on structural and 3D geological modelling to help design specific drilling targets for further exploration of these vein splays.
In related news, Vizsla Silver also announced a significant safety milestone at the Panuco site. The company has achieved 1.5 million work hours without any lost time incidents. The accomplishment was attributed to the dedication of the safety department, employees, and contractors in maintaining a strong safety culture and ensuring safe working conditions throughout the project’s life.
Figure 2: Longitudinal section of the Napoleon Main Vein with mineral resources along main Napoleon and the overlapping hanging wall splays. Source: Vizsla Silver Corp.
Highlights from the results are as follows:
NP-23-388 returned 646 grams per tonne (g/t) silver equivalent (AgEq) over 10.00 metres true width (mTW) (217 g/t silver, 3.03 g/t gold, 1.44 % lead and 5.44 % zinc),
including: 3,625 g/t AgEq over 0.95 mTW (1,590 g/t silver, 25.50 g/t gold, 7.28 % lead and 5.80 % zinc),
and 1,323 g/t AgEq over 0.78 mTW (159 g/t silver, 0.89 g/t gold, 4.97 % lead and 26.70 % zinc)
NP-23-391 returned 1,568 g/t AgEq over 1.90 mTW (908 g/t silver, 7.37 g/t gold, 1.62 % lead and 4.91 % zinc),
including: 2,205 g/t AgEq over 0.65 mTW (1,500 g/t silver, 8.96 g/t gold, 2.05 % lead and 3.98 % zinc)
And 648 g/t AgEq over 3.20 mTW (559 g/t silver, 1.53 g/t gold, 0.23 % lead and 0.49 % zinc),
including: 1,720 g/t AgEq over 0.96 mTW (1,500 g/t silver, 3.89 g/t gold, 0.61 % lead and 1.22 % zinc)
NP-23-392 returned 989 g/t AgEq over 2.50 mTW (527 g/t silver, 3.78 g/t gold, 2.13 % lead and 4.98 % zinc),
including: 2,465 g/t AgEq over 0.69 mTW (1,500 g/t silver, 9.97 g/t gold, 5.25 % lead and 6.66 % zinc).
Drillhole
From
To
Downhole
Length
Estimated
True
width
Ag
Au
Pb
Zn
AgEq
Vein
(m)
(m)
(m)
(g/t)
(g/t)
(g/t)
%
%
(g/t)
NP-23-365A
No significant values
HW 7
NP-23-365A
No significant values
HW 2
NP-23-365A
454.65
455.15
0.5
0.45
178
8.33
0.07
0.17
736
Napoleon
NP-23-365A
No significant values
FW 1
NP-23-365A
496.5
497.5
1
0.85
290
1.71
1.05
1.56
473
FW 2
NP-23-370
346.1
346.65
0.55
0.45
597
0.72
0.02
0.04
606
HW 6
NP-23-370
No significant values
HW 2
NP-23-370
432.05
433.25
1.2
1
349
1.58
0.05
0.13
437
Napoleon
NP-23-374
303.9
306.05
2.15
1.7
90
0.95
0.02
0.03
149
HW 7
NP-23-374
No significant values
HW 2
NP-23-374
527.9
529.25
1.35
1
34
0.32
0.02
0.02
173
Napoleon
NP-23-374
No significant values
FW 2
NP-23-374
585.8
586.25
0.45
0.45
433
2.92
0.83
1.19
667
FW 3
NP-23-378
555
556
1
0.9
1,135
1.29
1.14
4.74
1,348
HW 2
NP-23-378
563.8
569
5.2
4.3
73
1.42
0.46
1.24
223
Napoleon
Includes
566.9
568
1.1
0.91
284
1.92
1.44
3.28
555
NP-23-378
575.9
577.5
1.6
1.1
1,805
16.56
0.2
0.38
2,817
FW 1
Includes
576.5
577.5
1
0.69
2,780
26.1
0.29
0.55
4,376
NP-23-378
588
588.6
0.6
0.46
184
1.48
0.6
15.9
865
FW 2
NP-23-380
317.05
322.45
5.4
4.1
111
0.64
0.01
0.01
147
HW 7
NP-23-380
554.2
555.7
1.5
1.35
551
1.08
1.29
6.23
849
HW 2
NP-23-380
581.25
581.7
0.45
0.4
346
2.21
0.8
4.29
650
Napoleon
NP-23-383
No significant values
HW 7
NP-23-383
616.15
618.1
1.95
1.27
207
2.37
4.43
14.37
1,005
HW 2
Includes
616.8
617.8
1
0.65
270
4.15
8.4
23.2
1,621
NP-23-383
636.25
637
0.75
0.7
154
1.37
1.04
4.21
419
Napoleon
NP-23-386
140.9
141.85
0.95
0.78
218
0.24
0.21
0.43
241
HW 7
NP-23-386
410.35
410.75
0.4
0.3
430
1.59
0.08
0.22
517
HW 2
NP-23-386
414.35
415.6
1.25
0.85
177
0.73
0.11
0.25
226
Napoleon
NP-23-386
536.8
537.25
0.45
0.4
444
10.3
0.46
1.11
1,162
FW 3
NP-23-388
No significant values
HW 5
NP-23-388
426.25
437.8
11.55
10
217
3.03
1.44
5.44
646
HW 4
Includes
434.8
435.9
1.1
0.95
1,590
25.5
7.28
5.8
3,625
Includes
435.9
436.8
0.9
0.78
159
0.89
4.97
26.7
1,323
NP-23-388
556.8
559
2.2
1.95
31
0.59
1.46
6.36
343
HW 2
NP-23-388
No significant values
Napoleon
NP-23-391
No significant values
HW 7
NP-23-391
420.1
424.1
4
3.2
559
1.53
0.23
0.49
648
HW 2
Includes
422.35
423.55
1.2
0.96
1,500
3.89
0.61
1.22
1,720
NP-23-391
No significant values
Napoleon
NP-23-391
483.6
484.85
1.25
1
64
0.72
0.81
0.77
160
FW 1
NP-23-391
526.15
528.2
2.05
1.9
908
7.37
1.62
4.91
1,568
FW 2
Includes
526.15
526.85
0.7
0.65
1,500
8.96
2.05
3.98
2,205
NP-23-392
408.1
410.65
2.55
2.5
527
3.78
2.13
4.98
989
HW 4
Includes
409.25
409.95
0.7
0.69
1,500
9.97
5.25
6.66
2,465
NP-23-392
450.5
451.5
1
0.95
258
1.62
1.95
15.45
967
HW 3
NP-23-392
No significant values
HW 2
NP-23-392
644.6
646.6
2
1.55
40
1.96
0.62
11.4
602
Napoleon
NP-23-393
258.15
259.2
1.05
0.8
204
3.52
1.42
6.52
706
HW 4
NP-23-393
485.35
486.35
1
0.6
65
0.38
1.34
13.85
627
HW 3
NP-23-393
No significant values
Napoleon
Table 1: Downhole drill intersections from the holes completed along the Napoleon main and vein splays. Note: AgEq = Ag g/t x Ag rec. + ((Au g/t x Au Rec x Au price/gram)+(Pb% x Pb rec. X Pb price/t) + (Zn% x Zn rec. X Zn price/t))/Ag price/gram. Metal price assumptions are $24.00/oz silver, $1,800/oz gold, $2,424.4/t lead and $2,975.4/t zinc. Metallurgical recoveries assumed are 93% for silver, 90% for gold, 94% for lead and 94% for zinc. Metallurgical recoveries used in this release are from metallurgical test results of the Napoleon vein (see press release dated February 17, 2022).
Drillhole
Easting
Northing
Elevation
Azimuth
Dip
Depth
NP-23-365A
403,888
2,586,230
434
270
-49
636.0
NP-23-370
403,891
2,586,232
434
258
-40
534.0
NP-23-374
403,967
2,586,189
467
267
-43
621.0
NP-23-378
403,967
2,586,189
467
268
-52
674.0
NP-23-380
403,967
2,586,189
467
268
-56
702.0
NP-23-383
403,967
2,586,189
467
270
-60
750.0
NP-23-386
403,856
2,586,035
450
271
-60
582.0
NP-23-388
403,849
2,586,432
477
253
-68
705.0
NP-23-391
403,854
2,586,086
449
271
-63
558.0
NP-23-392
403,849
2,586,432
477
270
-61
738.0
NP-23-393
403,683
2,586,973
480
251
-57
582.0
Table 2: Napoleon vein drillhole details. Coordinates in WGS84, Zone 13.
The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a licensed professional for investment advice. The author is not an insider or shareholder of any of the companies mentioned above.
The post Vizsla Silver (TSXV:VZLA) Reports Results from New Drill Holes at Napoleon Vein’s Southern Extension, Intercepts 646 g/t AgEq over 10.00 Metres at Napoleon appeared first on MiningFeeds.