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or Name
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Vizsla Copper Corp (2)
Symbol VCU
Shares Issued 107,654,365
Close 2023-11-01 C$ 0.105
Market Cap C$ 11,303,708
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Vizsla identifies Cu-Au target areas at Copperview

2023-11-02 13:45 ET - News Release

Mr. Chris Donaldson reports

VIZSLA COPPER IDENTIFIES COPPER-GOLD TARGET AREAS AT THE COPPERVIEW PROPERTY, SOUTH-CENTRAL BC

Vizsla Copper Corp. has released the results of airborne geophysical surveying at its 100-per-cent-owned Copperview project in south-central British Columbia. The project is prospective for copper-gold porphyry-related mineralization.

Highlights

  • 997 line kilometres of helicopter-borne, high-definition magnetic surveying was completed at Copperview;
  • N-S (north-south) magnetic trends extend onto the glacial till covered Copperview project from Kodiak Copper Corp.'s (Kodiak) nearby MPD project;
  • Breaks or disruptions in the N-S trends are high-priority exploration target areas.

"This high-quality airborne magnetic data set provides excellent detail to aid our interpretation of the geology beneath the glacial till cover at Copperview," commented Steve Blower, vice-president of exploration. "Several 'breaks' in the north-south magnetic trends are particularly prospective, as similar features have proven to be mineralized nearby. A good example is Kodiak Copper Corp.'s Gate zone, less than four km to the south of Copperview."

The survey

A total of 997 line km of helicopter-borne magnetic geophysical surveying was recently completed at Copperview by Precision GeoSurveys Inc. The survey consisted of east-west oriented grid lines spaced 100 m apart. Nominal survey height was 50 m above ground level.

The results

A clear pattern of north-south-oriented linear magnetic highs is present in the survey results, with the most pronounced trend extending from Kodiak's MPD property to the south. Mineralization at MPD, including the recently discovered Gate zone, is often spatially associated with this north-south magnetic high trend, particularly where the trend is disrupted. Several disruptive features along similar magnetic high trends are present in the new Copperview data. Discovered by Kodiak Copper in 2019, drilling at the Gate zone has outlined a large 350 m by one km by 900 m zone of copper-gold porphyry-related mineralization. The best drill intersection to date is 535.1 m at 0.49 per cent Cu, 0.29 g/t Au from 201.9 m in drill hole MPD-20-041. The Copperview project claim block is interpreted to be underlain by eastern facies Upper Triassic Nicola volcanics with local coeval intrusions -- similar to MPD, and the Copper Mountain and New Afton mines.

Next steps

Direct current induced polarization (DCIP) will be completed on the ground over airborne target areas in 2024, ahead of core drilling programs. DCIP surveying will highlight areas that are chargeable due to the likely presence of sulphide mineralization in the bedrock. Coincident DCIP, magnetic and AFMAG anomalies will be high-priority drill targets in future programs.

About Vizsla Copper Corp.

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 kilometres east of the community of Williams Lake, B.C. It has four additional copper exploration properties -- Copperview, Redgold, Blueberry and Carruthers Pass -- 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 is committed to socially responsible exploration and development, working safely, ethically and with integrity.

Vizsla Copper is a spinout of Vizsla Silver Corp. and is backed by Inventa Capital Corp., a premier investment group founded in 2017, with the goal of discovering and financing opportunities in the resource sector.

Qualified person

The company's disclosure of technical or scientific information in this press release has been reviewed and approved by Ian Borg, PGeo, senior geologist for Vizsla Copper. Mr. Borg is a qualified person as defined under the terms of National Instrument 43-101.

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