Vizsla Resources kratzt bereits wieder am ATH und ich muss sagen, es schmerzt nicht mehr dabei zu sein
Michael Konnert hat sich zuletzt zwei Mal im CEO.CA-Board gemeldet, seit diesem Post am 20.04. geht die Post ab:
@Michael_Konnert Hi Everyone, I am not a very active commentator on the CEO platform although it is an excellent resource and a great community. The recent news at Napoleon is a game changer and I think the importance of the recent developments at Napoleon should be highlighted:
1.) the potential for 50-100moz of a silver eq resource is very real at Napoleon. We have over 2km of mapped strike and we’ve drilled mineralization over 600 metres of strike. The dimensions now are 600 in strike by 300 metres depth. This is completely open and will grow as we step out with four rigs along strike and at depth to cover the entire mapped strike. Napoleon is a beast.
2.) We announced recently that the Napoleon vein mineralization so far is on average 4 metres at 440g/t Ageq. This is a grade thickness of 1760 g/t Ageq. Which is the same grade thickness as 2 metres of 880 g/t Ageq. (Silvercrest has a resource of 879 g/t Ageq over 2.5 metres average width. SIL’s cutoff was 0.5m at 150 g/t Ageq). I’d rather be mining 4 metre veins underground. As a side note, its possible our grade may improve as we continue. We made the discovery on hole 7 at Napoleon, there’s more high grade here
3.) Tajitos adds at least another 500 metres of strike but probably more. It is completely open in all directions
4.) The two veins represent less than 4% of the overall vein strike in the district that we know about... our EM and geophysics will add more hidden targets to drill. I am confident this is a multi-hundred-million-ounce vein field.
5.) We are just getting started here. We have over 150 targets we’re moving through our matrix and 8 rigs turning.
6.) The option that includes the mill (and concessions including Napoleon, permits, tailings etc,) costs us $23M US and maybe $10-12M CAD to optimize/update. This is an estimate. We are undertaking engineering studies right now.
7.) This is has to be the most exciting drill program in Mexico. True district scale with virgin discoveries. Panuco will be full of surprises!Thanks and have a great day!Mike
Derweil wurde das Kupfer-Projekt in British Columbia in Vizsla Copper abgespalten:
@Michael_Konnert Happy Sunday morning $VZLA board, I had a few minutes before the family got up so I thought I would answer @levoxx ‘s questions:
1) This is in process, and as such we cannot disclose any non-public information, but Vizsla Silver is in the process of reviewing a copper spin out so that shareholders would receive shares in a public copper company. From our news release discussing this: Vizsla's Board of Directors is currently evaluating a spin out proposal of its British Columbia copper assets, being the 100% owned Blueberry project and the option on the Carruthers Pass property. After the spinout, Vizsla Silver shareholders would end up owning shares in both Vizsla Silver and, the spin out entity, Vizsla Copper. Management of the Company estimates that Vizsla Silver shareholders will receive one Vizsla Copper share for every three common shares of Vizsla Silver.
2.) We have four rigs on Napoleon, one on Tajitos (this is our resource drilling area), one testing a target to the north of Tajitos, one on Cordon del Oro, and one rig on Animas. From our recent release: Napoleon Vein Corridor: Four rigs along the vein with two focused on resource drilling down plunge and to the south of the main Napoleon zone. A third rig is undertaking systematic expansion drilling approximately 300 metres south of the main Napoleon zone and a fourth is focused on systematic drilling between the Napoleon and Papayo areas.Cinco Senores Vein Corridor: One rig is expanding on the open mineralization at Tajitos and a second is testing a new target, the Cerrillo vein to the northeast of Tajitos.Cordon del Oro Vein Corridor: One rig continues to step along the vein at the Aguita Zarca zone.Animas Vein Corridor: One underground drill rig to test the Rosarito and Cuevillas targets within the La Bomba mine.
3.) If Vizsla only had Napoleon and Tajitos, I would be confident that we could drill a significant resource and become a leading silver producer. The fact is we have access to an entire district (we’ve drilled less than 5% of the existing vein extent, and I believe we’ll find more veins as we go) and the mineralization will likely continue to grow. We have a once in a career opportunity to build an industry leading high-grade silver producer and we are moving towards that goal.We have built the best team possible, from the project level to the board, to grow the mineralization at the Panuco district and then move into production using our excellent infrastructure that includes a mill and permits.
4.) Panuco has been a producing district for 450 years and we have an option on existing mining and mill permits. We see no issues with further permitting. Mexico is a great jurisdiction, and we are confident moving forward. There is no such thing as zero country risk. I’d rather be here than most states in the USA.
Ist dann auch bereits am 20.April passiert:
https://ceo.ca/@newswire/vizsl…out-of-vizsla-copper-corp
Vizsla Silver Announces Spinout of Vizsla Copper Corp.
(VZLA-TSX-V)
VANCOUVER, BC, April 20, 2021 /CNW/ - Further to its announcements on January 6, 2021, February 8, 2021 and March 31, 2021, Vizsla Silver Corp. (TSXV: VZLA) (OTCQB: VIZSF) (Frankfurt: 0G3) ("Vizsla Silver" or the "Company") is pleased to announce that its Board of Directors has unanimously approved the spinout of its copper assets in British Columbia into Vizsla Copper Corp. ("Vizsla Copper" or "SpinCo") through a statutory plan of arrangement ("Arrangement")