Vizsla completed over 28,000m of drilling at the project last year and plans to complete over 40,000m of diamond drilling in H1 of 2021. The company is primarily focusing on resource drilling at the Napoleon discovery including systematic 100m centred drilling along the length of the 2.5km long Napoleon vein corridor and advanced drilling at both the Tajitos vein corridor and the Cordon del Oro vein corridor.
CEO Michael Konnert said: "Vizsla has had success drilling high-grade silver and gold at the Copala-Panuco district. Our goal is to drill a near-term resource at Napoleon, where we recently doubled the depth extension. We will continue to demonstrate the upside at Tajitos and Cordon del Oro and to show that the plethora of other targets across the district have the capacity for high-grade mineralisation.
"The technical team at the project continues to succeed with the drill bit and we believe the addition of two drill rigs will continue to benefit the project. We are well funded and now have one of Mexico's most aggressive exploration programmes."
Currently, Vizsla has four rigs along the Napoleon Vein Corridor with two focused on resource drilling deeper and to the south of Napoleon and two focused on systematic drilling between the Napoleon and Papayo areas. At the Cinco Senores Vein Corridor one rig is at Tajitos, focused on extending the mineralisation discovered to date and at Cordon del Oro two rigs are focused on discovery at depth at the Aguita Zarca zone.
In addition to the aggressive drilling, Vizsla is undertaking new methods of discovery at the project to demonstrate even further regional upside at the district.
It has drilled intervals of sub-massive to massive sulphide associated with high grades of precious and base metals. This mineralisation is interpreted to represent a very fertile pulse in the formation of these veins. Vizsla is commencing a trial ground electromagnetic (EM) survey in these three areas because if the bodies of massive sulphide are continuous, they may represent strong geophysical targets. If the programme is successful, the company has a tool for the Napoleon and Cinco Senores zones to specifically target high-grade targets along the broader vein corridors.
It will also commence a detailed drone magnetic survey in March to improve mapping and vein interpretations. Magnetic susceptibility measurements and historic data indicates veins form linear demagnetised corridors through the host rocks which the survey will map with high resolution.
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