Vizsla Copper Corp. (TSX-V: VCU) (OTCQB: VCUFF) (FRANKFURT: 97E0) is pleased to report analytical results from drill holes completed at the Southeast deposit during the summer core drilling program on the Woodjam project in central BC (Figure 1). The Woodjam project is home to several porphyry-related copper and gold deposits, including the Southeast and Deerhorn deposits.
HIGHLIGHTS
“These results are a reminder that mineralization at Woodjam includes zones of strong copper and gold grades,” commented Craig Parry, Executive Chairman. “Our flagship asset continues to deliver exceptional drilling results.”
“This southern portion of the Southeast deposit is characterized by high gold and copper grades and relatively thin unconsolidated cover” commented Steve Blower, Vice President of Exploration. “Our drilling results demonstrate that there is room to improve on the mineralization outlined in historical estimates.”
The Drill Holes
Both drill holes SE24-121 and SE24-122 were completed on the south side of the Southeast deposit, in an area known to have relatively high gold grades and relatively thin overburden cover (Figures 2 and 3). The drill holes successfully intersected long intervals of high-grade porphyry-related copper and gold mineralization within potassically altered monzonite of the late Triassic/Early Jurassic Takomkane batholith. The intersections in both of the drill holes are relatively shallow and begin at the top of the bedrock beneath unconsolidated glacial till. High-grade starter pits in this area could have a significant impact on project economics going forward.
Drill hole SE24-122 intersected 177.3m @ 0.56% Cu, 0.29 g/t Au (0.77% Cueq) from 65.0m (>0.2% Cu), including a higher-grade subinterval of 95.0m @ 0.75% Cu, 0.46 g/t Au (1.09% Cueq) from 65.0m (>0.4% Cu). Drill hole SE24-121 intersected 210.2m @ 0.35% Cu, 0.09 g/t Au (0.42% Cueq) from 63.1m (>0.2% Cu), including a higher-grade subinterval of 51.6m @ 0.52% Cu, 0.16 g/t Au (0.64% Cueq) from 63.1m (>0.4% Cu). A summary of all intersections in the 2024 summer drilling program is provided in Table 1.
Table 1 – Woodjam and Redgold 2024 Drilling Summary
Hole-ID | Area | Cutoff | Significant Intersections2, 3 | ||||||
From (m) | To (m) | Length (m) | Cu (%) | Au (g/t) | Cueq (%) | Aueq (g/t) | |||
DH24-119 | Deerhorn | Abandoned Before Target | |||||||
DH24-1201 | Deerhorn | 0.2 g/t Au | 191.0 | 277.0 | 86.0 | 0.18 | 0.91 | 0.84 | 1.16 |
includes | 0.5 g/t Au | 208.5 | 277.0 | 68.5 | 0.18 | 1.07 | 0.96 | 1.32 | |
SE24-121 | Southeast | 0.2% Cu | 63.1 | 273.3 | 210.2 | 0.35 | 0.09 | 0.42 | 0.57 |
includes | 0.4% Cu | 63.1 | 114.7 | 51.6 | 0.52 | 0.16 | 0.64 | 0.87 | |
SE24-122 | Southeast | 0.2% Cu | 65.0 | 242.3 | 177.3 | 0.56 | 0.29 | 0.77 | 1.06 |
includes | 0.4% Cu | 65.0 | 160.0 | 95.0 | 0.75 | 0.46 | 1.09 | 1.49 | |
TF24-123 | Three Firs | Analytical Results are Pending | |||||||
TF24-124 | Three Firs | Analytical Results are Pending | |||||||
DH24-125 | Deerhorn | Analytical Results are Pending | |||||||
RG24-15 | Redgold | Analytical Results are Pending | |||||||
RG24-16 | Redgold | Analytical Results are Pending | |||||||
Notes: |
1. Previously disclosed and included here for completeness. |
2. Composite intervals are calculated above noted cutoffs and may include a maximum of 10m of internal waste. |
3. Copper and gold equivalent values are based on metal prices of $4.00/lb Cu and $2,000/oz Au |
The Next Steps
The core drilling program at the Woodjam and contiguous Redgold projects is ongoing and has been expanded to 10 drill holes (4,000m) from an initially planned 8 drill holes (3,200m). A total of eight drill holes have been completed to date (at Deerhorn, Southeast and Three Firs, plus Redgold). The remaining two will be completed at Redgold and Three Firs. Additional analytical results will be released as they are received.
Sampling, Chain of Custody, Quality Assurance and Quality Control
All sampling was conducted under the supervision of Vizsla’s geologists and the chain of custody from the sampling facility in Horsefly to the sample preparation facility, ALS Laboratories in Kamloops, BC, was continuously monitored.
Core samples were taken as ½ core, from a minimum of 0.3 m to a maximum of 2 m core length to account for lithological or alteration boundaries. Samples were then crushed, pulverised and sample pulps were analysed using industry standard analytical methods including a 4-Acid, ICP-MS multielement package (ALS code ME-MS61) and an ICP-AES method for high-grade copper samples (ALS code ME-OG62). Gold was analysed using a 30 g aliquot by fire assay with an ICP-AES finish (ALS code Au-ICP21).
Certified reference material was inserted every 10th sample. Coarse blank was inserted every 20th sample. For approximately 2.5% of core samples, the remaining ½ core was taken as a field duplicate. For 2.5% of core samples a preparation duplicate is taken after coarse crushing is complete at the laboratory.
In addition to Vizsla’s QA/QC program, additional blanks, reference materials and duplicates were inserted by ALS according to their internal procedures. Data verification of the analytical results included a statistical analysis of the standards and blanks that must pass certain parameters for acceptance to ensure accurate and verifiable results.
About Vizsla Copper
Vizsla Copper is a Cu-Au-Mo focused mineral exploration and development company headquartered in Vancouver, Canada. The Company is primarily focused on its flagship Woodjam project, located within the prolific Quesnel Terrane, 55 kilometers east of the community of Williams Lake, British Columbia. It has three additional copper properties: Poplar, Copperview, and Redgold, all well situated amongst significant infrastructure in British Columbia. The Company’s growth strategy is focused on the exploration and development of its copper properties within its portfolio in addition to value accretive acquisitions. Vizsla Copper’s vision is to be a responsible copper explorer and developer in the stable mining jurisdiction of British Columbia, Canada and it is committed to socially responsible exploration and development, working safely, ethically and with integrity.
Vizsla Copper is a spin-out of Vizsla Silver (TSX.V: VZLA) (NYSE: VZLA) and is backed by Inventa Capital Corp., a premier investment group founded in 2017 with the goal of discovering and funding opportunities in the resource sector. Additional information about the Company is available on SEDAR+ (www.sedarplus.ca) and the Company’s website (www.vizslacopper.com).
Qualified Person
The Company’s disclosure of technical or scientific information in this press release has been reviewed and approved by Ian Borg, P.Geo., Senior Geologist for Vizsla Copper. Mr. Borg is a Qualified Person as defined under the terms of National Instrument 43-101.
Figure 1 – Woodjam Project (CNW Group/Vizsla Copper Corp.)
Figure 2 – Southeast Deposit Drilling Plan (CNW Group/Vizsla Copper Corp.)
Figure 3 – Drill Hole SE24-122 Cross Section (CNW Group/Vizsla Copper Corp.)
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