Mexico-focused Vizsla Resources (CVE:VZLA) highlighted Wednesday a drill hit of 1,544 g/t silver equivalent over 8.2 metres.
The company was up 50% to 66 cents a share.
The drilling results were a first from the company’s Napoleon Vein Corridor at the Panuco silver-gold district in Mexico.
Vice President of Exploration Charles Funk said drilling is ongoing.
“These results are a very exciting discovery for Vizsla with multiple veins intersected in drilling containing very high-grade silver, gold and base metals. These holes are the first ever drilled on the Napoleon vein which extends over more than 2 km of strike and hosts multiple small-scale mines and mineralized outcrops,” said Funk.
“Drilling is ongoing with two deeper holes and a hole in progress 60m to the north of NP-20-03, all which have each intersected veins. Vizsla is continuing to step out to expand and define the footprint of mineralization at Napoleon”
Original Article: https://www.kitco.com/news/2020-06-24/Vizsla-Resources-gains-on-drill-hit.html
