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Vizsla Resources Corp.
Summary
| Project: | Panuco-Copala | |
|---|---|---|
| Deposit: | Panuco-Copala | |
| Location: | Mexico | |
| Commodities: | Silver-Gold | |
| Date: | 5/20/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Supporting Acquisition | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 20-5-2020: Vizsla Resources Corp. announces a Supporting Acquisition report for its Panuco-Copala deposit at the Panuco-Copala project. Summary of property in support of acquisition. Vizsla Resources Corp. (Vizsla) is earning an interest in the Panuco Pro | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Stewart Harris (Harris Geological Services) | |
| ABSTRACT: | Vizsla Resources Corp. (Vizsla) is earning an interest in the Panuco Project in the Panuco-Copala mining camp of Concordia, Sinaloa, Mexico. Vizsla closed a share purchase agreement to purchase Canam Alpine Ventures Ltd. (“Canam”) and Canam has two option agreements with two mining concession owners that comprise the Panuco-Copala mining camp of Concordia, Sinaloa, Mexico. The Panuco Project comprises 61 concessions optioned from Silverstone Resources S.A. de C.V. (“Silverstone”) with a surface area of 4012 hectares and a further 43 concessions from Minera Rio Panuco S.A. de C.V. (“Rio Panuco”) covering 1959 hectares. Historically, the district has been active for 460 years and the Silverstone owners are actively mining at a small scale. The Panuco Project is hosted within the Sierra Madre Occidental (“SMO”), a northwest-trending continent-scale igneous belt that hosts most of Mexico’s silver and gold production. The SMO comprises continental magmatism active from the Late Cretaceous to the Miocene that has been separated into two main episodes. | |
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