Vizsla Copper Strikes Gold: Mineralized Breccia Discovered at Woodjam Project
Wednesday, Nov 27, 2024 8:05 am ET
4min read Vizsla Copper Corp. (TSXV: VCU) (OTCQB: VCUFF) (FRANKFURT: 97E0) has made a significant discovery at its Woodjam Project in Central British Columbia. The company recently intersected mineralized breccia in exploration drilling near the Three Firs Target, further enhancing the project's potential for copper and gold mineralization.
The intersection of strong copper and gold mineralization in breccia-hosted structures at the Three Firs Target indicates that the deposit may be open for expansion. This discovery, coupled with the Southeast deposit's untested targets and high-grade porphyry-related mineralization, strengthens the Woodjam Project's overall prospects.
The Woodjam Project, which covers an area of 65,252 hectares, is prospective for copper-gold porphyry mineralization. It is located approximately 55 kilometres east of Williams Lake, BC. The project's large size and proven mineralization, combined with Vizsla Copper's exploration efforts, suggest that the Woodjam Project holds substantial potential for further discoveries and resource expansion.
The Southeast deposit, which contains the majority of the copper-gold porphyry-related historical resources at the Woodjam project, remains open for expansion. High-grade areas of porphyry-related copper and gold mineralization at Southeast, such as 144.9m of 1.21% Cu and 0.55 g/t Au in drill hole WJ 08-84, remain open both laterally and at depth. Inverted geophysical models generated from the newly acquired aeromagnetic survey data suggest that untested targets remain, particularly immediately southeast of the deposit.
Vizsla Copper's recent drilling results near the Three Firs Target at the Woodjam Project have intersected significant copper mineralization, including 154.3 meters averaging 0.29% copper (Cu), with higher-grade intervals up to 0.55% Cu. These findings have significant economic implications, as they suggest a higher production of copper and gold, which can drive increased revenue. Assuming a conservative price of US$4.00/lb Cu and US$1,800/oz Au, the newly discovered mineralized breccia could potentially contribute an additional 18.5 million pounds of copper and 29,250 ounces of gold annually, if developed.
These positive findings may lead to a reranking of the Woodjam Project's deposits, potentially increasing the project's overall resource potential. Investors should monitor further drilling results and exploration activities at the Woodjam Project to assess the potential reranking of its deposits, as well as the project's overall value.
In conclusion, Vizsla Copper's recent discovery of mineralized breccia near the Three Firs Target at the Woodjam Project signals significant potential for further mineralization in the area. The project's large size and proven mineralization, combined with Vizsla Copper's exploration efforts, suggest that the Woodjam Project holds substantial potential for further discoveries and resource expansion. As the demand for copper continues to grow, driven by electrification and decarbonization efforts, Vizsla Copper's exploration success at Woodjam could prove to be a strategic advantage in the competitive copper mining industry.
The intersection of strong copper and gold mineralization in breccia-hosted structures at the Three Firs Target indicates that the deposit may be open for expansion. This discovery, coupled with the Southeast deposit's untested targets and high-grade porphyry-related mineralization, strengthens the Woodjam Project's overall prospects.
The Woodjam Project, which covers an area of 65,252 hectares, is prospective for copper-gold porphyry mineralization. It is located approximately 55 kilometres east of Williams Lake, BC. The project's large size and proven mineralization, combined with Vizsla Copper's exploration efforts, suggest that the Woodjam Project holds substantial potential for further discoveries and resource expansion.
The Southeast deposit, which contains the majority of the copper-gold porphyry-related historical resources at the Woodjam project, remains open for expansion. High-grade areas of porphyry-related copper and gold mineralization at Southeast, such as 144.9m of 1.21% Cu and 0.55 g/t Au in drill hole WJ 08-84, remain open both laterally and at depth. Inverted geophysical models generated from the newly acquired aeromagnetic survey data suggest that untested targets remain, particularly immediately southeast of the deposit.
Vizsla Copper's recent drilling results near the Three Firs Target at the Woodjam Project have intersected significant copper mineralization, including 154.3 meters averaging 0.29% copper (Cu), with higher-grade intervals up to 0.55% Cu. These findings have significant economic implications, as they suggest a higher production of copper and gold, which can drive increased revenue. Assuming a conservative price of US$4.00/lb Cu and US$1,800/oz Au, the newly discovered mineralized breccia could potentially contribute an additional 18.5 million pounds of copper and 29,250 ounces of gold annually, if developed.
These positive findings may lead to a reranking of the Woodjam Project's deposits, potentially increasing the project's overall resource potential. Investors should monitor further drilling results and exploration activities at the Woodjam Project to assess the potential reranking of its deposits, as well as the project's overall value.
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In conclusion, Vizsla Copper's recent discovery of mineralized breccia near the Three Firs Target at the Woodjam Project signals significant potential for further mineralization in the area. The project's large size and proven mineralization, combined with Vizsla Copper's exploration efforts, suggest that the Woodjam Project holds substantial potential for further discoveries and resource expansion. As the demand for copper continues to grow, driven by electrification and decarbonization efforts, Vizsla Copper's exploration success at Woodjam could prove to be a strategic advantage in the competitive copper mining industry.
