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Vizsla Resources Corp
Symbol VZLA
Shares Issued 11,033,334
Close 2018-12-14 C$ 0.16
Market Cap C$ 1,765,333
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Vizsla completes exploration at Kathleen Mountain

2018-12-14 16:29 ET - News Release

Mr. Michael Konnert reports

VIZSLA RESOURCES COMPLETES EXPLORATION AT THE KATHLEEN MOUNTAIN PROJECT IN SOUTHWESTERN BRITISH COLUMBIA

Vizsla Resources Corp. has completed its phase 2 exploration program at the Kathleen Mountain exploration project.

The program comprised a geochemical soil sampling program, a three-dimensional induced polarization survey and a ground magnetic survey. A total of 1,073 soil samples were collected and subsequently analyzed by Bureau Veritas. The geophysical survey was carried out by SJ Geophysics Ltd. on a grid coincident with the soil sampling grid.

The Kathleen Mountain project is located 50 kilometres northeast of Princeton in the Similkameen mining division of British Columbia. The primary exploration target on the Kathleen Mountain property was a calc-alkalic-porphyry-molybdenum-copper deposit similar to the Brenda mines deposit, located about 13 kilometres northwest of the property.

Michael Konnert, president and chief executive officer of Vizsla, stated: "Vizsla is pleased to have completed the second phase of our exploration program on the Kathleen Mountain project. Although the results weren't overwhelmingly positive, we have improved our understanding of the property's potential and will assess our next steps, including project acquisitions."

The results of the 2018 soil survey indicate that the most prospective of the mineral concentrations is a previously undiscovered soil anomaly located north-northwest of the previously discovered Golden Lode showing.

SJ Geophysics produced inversion models for resistivity and chargeability. The resistivity characteristics highlighted three zones of distinct resistivity that most likely map the contact between the Pennask and the Osprey Lake batholiths. The inverted chargeability models indicated that the chargeable values were quite small with no significant anomalous features.

Property details

The property is located in the Interior Plateau belt of central B.C. and is underlain by three intrusive bodies:

  1. The late-Triassic/early-Jurassic Pennask batholith occupies the northern half of the property;
  2. The mid-Jurassic Osprey Lake batholith occupies the southern half of the property;
  3. The Eocene Otter bodies intrude the Pennask batholith in the northern portion of the property.

Phase 1 exploration on the property located two historic showings of interest, being the Golden Lode showing, discovered in 1928, and the Kathleen Mountain showing, discovered in 1947. Historical exploration in the vicinity of the claims was for porphyry deposits in the early 1950s and 1960s, at the time of early development of the Brenda mines, located 15 kilometres to the north.

Qualified person and quality assurance/quality control

The scientific and technical disclosure contained in this news release has been reviewed and approved by Christopher I. Dyakowski, professional geoscientist, a qualified person, as that term is defined in National Instrument 43-101 -- Standards of Disclosure for Mineral Projects.

About Vizsla Resources Corp.

Vizsla is a mineral exploration company that is engaged in the business of the acquisition, exploration and development of mineral resource properties. The company's first project and core asset is the Kathleen Mountain property in B.C.

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