Napoleon's Southern Zone with the Highest Grade in the AreaBy Paloma Duran | Thu, 06/24/2021 - 10:18
Vizsla Silver Corp. has released the results of 14 drill holes from its Napoloen prospect at its Panuco silver-gold project in Sinaloa. The results suggest that Napoleon´s southern zone could host the core of the mineralization zone.
Among the most important discoveries of the drilling was hole NP-21-112 that returned 898 g/t silver equivalent over 8.36 meters true width (mTW) from 142.55m, which include 5,197 g/t silver equivalent over 1.34mTW from 142.55m.
Additionally, 3 holes drilled 50m to the south of previous drillings averaged 7.4mTW a weighted average grade of 673 g/t silver equivalent. With the new drilling the company announced that it was able to extend the Napoleon vein 950m of continuous mineralization, which remains open to the south and at depth.
The mineralization in the southern half of the zone shows better epithermal textures, which include colloform and cockade banding and rare quartz after bladed calcite. The presence of adularia in the zone, a wide vein and higher gold to silver ratio, indicates that the core of the mineralization is there.
The company explained that 15 holes were completed in this mineralized zone and announced that assays will continue and will be released as they become available. Vizsla said it intends to complete the 50m spaced drilling down to approximately 350m of depth to continue defining its mineralization.
“The southern end of Napoleon is proving to be consistently higher grade and wider than any part of the mineralized zone. Geological information suggests this may be the true core of the mineralization and it remains open to the south and at depth where the Company is actively drilling to further expand this large panel of mineralization,” said Michael Konnert, Vizsla President and CEO. Konnert added that the company is having an important moment as it continues to drill at Napoleon, Tajitos and other key targets in the district and plans to move 10 drill rigs to continue testing the district's potential.
The district-scale Panuco epithermal silver-gold vein project has 9,386.5 ha in Sinaloa. The property has a long mining history, as its first silver production occurred in the 16th century and it has been in production intermittently ever since. The company's goal is to have a production of 12Moz of silver equivalent per year at Panuco.