VIZSLA COPPER COMMENCES DRILLING AT THE THIRA PORPHYRY COPPER TARGET, POPLAR PROJECT, CENTRAL BRITISH COLUMBIA
VIZSLA COPPER COMMENCES DRILLING AT THE THIRA PORPHYRY COPPER TARGET, POPLAR PROJECT, CENTRAL BRITISH COLUMBIA |
[24-June-2025] |
VANCOUVER, BC, June 24, 2025 /CNW/ - Vizsla Copper Corp. (TSXV: VCU) (OTCQB: VCUFF) (FRANKFURT: 97E0) ("Vizsla Copper" or the "Company") is pleased to report that drilling has commenced at the Poplar Project, central BC. Drilling is focused on testing the copper-molybdenum mineralization potential of the porphyry-related Thira target. HIGHLIGHTS
"We are very pleased to see a drill rig spinning at our Poplar Project" commented Craig Parry, Executive Chairman and CEO. "Our technical team has systematically advanced the very compelling Thira target, and we are very excited to see drill core from an area that is largely covered by till. We look forward to keeping all shareholders updated on our progress at Poplar as well as our other exploration programs we have planned this year across our project portfolio." Poplar Drill Program Drilling will target copper-molybdenum mineralization across the broad and largely untested Thira target (Figure 1, see June 16th, 2025 News Release). The Thira target, 10 km south of the Poplar copper-gold deposit (Figure 1; historical mineral resources of 152.3 million tonnes at 0.32% Cu, 0.09 g/t Au indicated and 139.3 million tonnes at 0.29% copper, 0.07 g/t Au inferred, Table 13), consists of a ~8 by 2 kilometer zone of porphyry-related alteration (phyllic and propylitic) exposed along road-cuts and sparse outcrop. The centre of the alteration zone is covered by till where coincident high-chargeability, magnetic, MobileMT, and multi-element soil anomalies define a highly prospective porphyry-related copper-molybdenum target (Figure 2, see October 8th, 2024 News Release). One historical percussion drill hole (P95-05) completed in 1995 on the edge of the target area intersected 0.18% Cu and 0.022% Mo throughout its 67m length2. The planned program consists of up to 2,400 meters of diamond drilling across 5 to 6 holes covering a potential footprint of ~500 by 600 meters. The drill rig is currently advancing the first hole. Figure 1. Map of the Poplar Project showing the location of the Thira Target area and previously acquired MobileMT data1 Figure 2. The Thira target area showing gridded IP chargeability data (700m elevation slice) and soil geochemical data (see October 8th, 2024 and January 15th, 2024 News Releases). Drilling will focus on areas showing strong spatial coincidence in geochemical and geophysical data. Poplar Project The 44,200 hectare Poplar project in central BC covers Mesozoic aged arc-related volcanic, sedimentary and intrusive rocks considered prospective for porphyry-related copper and gold mineralization. In addition to the Thira target, the project also hosts the Poplar deposit, a near-surface porphyry-related copper and gold deposit, which contains close to 2 billion pounds of copper and 750,000 ounces of gold3 (indicated and inferred mineral resources, Table 1). Vizsla Copper has the option to earn a 100% interest in the property through a series of expenditure commitments and annual cash payments until 2027. Table 1. Historical Mineral Resource Estimate for the Poplar Deposit3
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 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 and National Instrument 43-101 Disclosure The Company's disclosure of technical or scientific information in this press release has been reviewed and approved by Christopher Leslie, Ph.D., P.Geo., Technical Advisor for Vizsla Copper. Dr. Leslie is a Qualified Person as defined under the terms of National Instrument 43-101. Some technical information contained in this release is historical in nature and has been compiled from public sources believed to be accurate. The technical information has not been verified by Vizsla Copper and may in some instances be unverifiable. Mineralization hosted on adjacent and/or nearby projects is not necessarily indicative of mineralization hosted on Vizsla Copper's projects. The historical Poplar mineral resource is relevant, as it was prepared for the previous project owner in 2021 using practices that are generally standard in the industry. It was created with ordinary kriging of composited grades into a 3D block model. An independent qualified person has not done sufficient work to classify the Poplar historical estimate as a current mineral resource for Vizsla Copper Corp. and, the issuer is not treating the historical estimate as a current mineral resource. References
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. FORWARD LOOKING STATEMENTS The information contained herein contains "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and "forward-looking information" within the meaning of applicable Canadian securities legislation. "Forward-looking information" includes, but is not limited to, statements with respect to the activities, events or developments that the Company expects or anticipates will or may occur in the future, including, without limitation, planned exploration activities. Generally, but not always, forward-looking information and statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or the negative connotation thereof or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved" or the negative connotation thereof. Forward-looking statements in this news release include, among others, statements relating to: obtaining required regulator approvals for the Copperview Acquisition and the RG Copper Acquisition; satisfying the requirements of the Underlying Option Agreement; the exploration and development of the Poplar Project, Woodjam Project, Redgold Project and Copperview Project; and the Company's growth and business strategies. Such forward-looking information and statements are based on numerous assumptions, including among others, that the results of planned exploration activities are as anticipated, the anticipated cost of planned exploration activities, that general business and economic conditions will not change in a material adverse manner, that financing will be available if and when needed and on reasonable terms, that third party contractors, equipment and supplies and governmental and other approvals required to conduct the Company's planned exploration activities will be available on reasonable terms and in a timely manner. Although the assumptions made by the Company in providing forward-looking information or making forward-looking statements are considered reasonable by management at the time, there can be no assurance that such assumptions will prove to be accurate. Forward-looking information and statements also involve known and unknown risks and uncertainties and other factors, which may cause actual events or results in future periods to differ materially from any projections of future events or results expressed or implied by such forward-looking information or statements, including, among others: negative operating cash flow and dependence on third party financing, uncertainty of additional financing, no known mineral reserves or resources, the limited operating history of the Company, the influence of a large shareholder, aboriginal title and consultation issues, reliance on key management and other personnel, actual results of exploration activities being different than anticipated, changes in exploration programs based upon results, availability of third party contractors, availability of equipment and supplies, failure of equipment to operate as anticipated; accidents, effects of weather and other natural phenomena and other risks associated with the mineral exploration industry, environmental risks, changes in laws and regulations, community relations and delays in obtaining governmental or other approvals. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information or implied by forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking statements or information. The Company undertakes no obligation to update or reissue forward-looking information as a result of new information or events except as required by applicable securities laws. SOURCE Vizsla Copper Corp. | |||||||||||||||||||||||||||||||||||||||||||
Company Codes: TorontoVE:VCU, OTC-PINK:VCUFF, Frankfurt:97E0, OTC-BB:VCUFF |