Vizsla Copper Strengthens Porphyry Potential at Poplar South: Identifies Strong IP Chargeability Anomaly
VIZSLA COPPER STRENGTHENS PORPHYRY
POTENTIAL AT POPLAR SOUTH: IDENTIFIES
STRONG IP CHARGEABILITY ANOMALY
VANCOUVER, BC
,
Jan. 15, 2025
/CNW/ - Vizsla Copper Corp. (TSXV: VCU) (OTCQB: VCUFF)
(
FRANKFURT
: 97E0) ("
Vizsla Copper
" or the "
Company
") is pleased to report results from a
recently completed induced polarization (IP) survey across parts of the Poplar South target at the
Poplar project (the "
Project
" or "
Poplar
") in northwest
British Columbia
(Figure 1). The Poplar
project also hosts the porphyry-related Poplar copper and gold deposit (Table 1).
HIGHLIGHTS
New chargeability and resistivity data support the strong prospectivity for porphyry-
related mineralization at Poplar South
Key chargeability and resistivity anomalies are coincident with other geophysical and
geochemical anomalies and represent high-priority drill targets
Thin veneer of glacial till across the highest priority target areas may have
hidden mineralization from previous operators
"With the completion of this IP survey we now have the final dataset required to refine our
exploration model for the Poplar South target,"
commented
Steve Blower
, Vice President of
Exploration
. "The presence of overlapping geological, geochemical and geophysical anomalies
strongly supports the high-prospectivity for porphyry-related mineralization across this area. We
are currently designing a robust drill program to systematically test the Poplar South target in the
first half of 2025."
The Poplar South IP Survey
The 2024 Poplar South IP survey consisted of over 20 line kilometers across 9 survey lines spaced
200 meters apart. The survey was designed to characterize and detect subsurface sulfide
mineralization associated with pronounced coincident geophysical (magnetic and EM) and multi-
element soil-geochemical anomalies at the Poplar South target area (Figure 1)
At surface, the Poplar South target is characterized by a broad, ~8 by 2 kilometer zone of quartz-
sericite-pyrite (phyllic) alteration observed along local road-cuts and sparse outcrop on ridges
(Figure 2, see News Release dated
August 12, 2024
). Zones of strong epidote-chlorite-magnetite
alteration locally crop out near the valley bottom, proximal to the strongest geochemical and
geophysical anomalies. Recently completed airborne geophysical surveys (MobileMT and high-
resolution magnetics) outlined a complex, kilometer-scale conductivity-high cored by a lower-
conductivity (high-resistivity) zone associated with a circular magnetic-low (Figure 2). This area is
also associated with a moderate chargeability response that increases with depth towards a >
50
m
/v anomaly (Figure 4). These geophysical anomalies are mutually coincident with an open-ended,
~1,200 by 800 meter, multi-element (copper-molybdenum-silver) soil geochemical anomaly (see
News Release dated
October 8
th
, 2024 and Figure 3). A historical shallow drill hole completed in
1995, near the margins of the strongest coincident anomalies, returned 67.1 meters of 0.18%
copper (drill hole 95-05, Figure 4)
2
. The percussion drill hole reportedly intersected potassically
altered intrusive rocks with quartz-chalcopyrite-molybdenite mineralization throughout its length. The
new 3D chargeability model suggests that hole 95-05 was terminated too early and the Poplar South
target should be explored at depth (Figure 4).
Next Steps
The new IP data significantly enhances the Poplar South target and supports the strong prospectivity
of the till-covered area for concealed porphyry-related mineralization. Some of the key IP anomalies
are open along the margins of the survey footprint and additional surveying to the northeast and
southwest is warranted (Figure 3).
The complexity of the chargeability and resistivity anomalies in relation to other geophysical data
highlight numerous drill targets across the broad target area. Both moderate and high chargeability
anomalies (Figure 4) will be prioritised for drill testing. The Company is currently planning a Phase 1
drill program to commence in the first half of 2025 to systematically evaluate the porphyry potential
of the target area.
Figure 1. Map of the Poplar Project showing the location of the Poplar South Target and previously
acquired MobileMT data(1) (CNW Group/Vizsla Copper Corp.)
Figure 1. Map of the Poplar Project showing the location of the Poplar South Target and previously
acquired MobileMT data
1
Figure 2. Poplar South target exploration data compilation shown on MobileMT(1) data. Collar
locations are for historical drill holes. (CNW Group/Vizsla Copper Corp.)
Figure 2. Poplar South target exploration data compilation shown on MobileMT
1
data. Collar
locations are for historical drill holes.
Figure 3. Gridded IP chargeability data from the inversion model at 700 meter elevation. Previously
reported Cu in soil geochemical data (see News Release dated October 8th, 2024) shown to
highlight the coincidence of strong copper in soil and high-chargeability at depth. (CNW Group/Vizsla
Copper Corp.)
Figure 3. Gridded IP chargeability data from the inversion model at 700 meter elevation.
Previously reported Cu in soil geochemical data (see
News Release dated
October 8
th
, 2024)
shown to highlight the coincidence of strong copper in soil and high-chargeability at depth.
Figure 4. Section through the Poplar South chargeability and resistivity 3D voxel model showing the
location of historical drill hole 95-052 in relation to strong-chargeability and strong-resistivity
features. Targets A, B, and C represent priority areas for drill testing. (CNW Group/Vizsla Copper
Corp.)
Figure 4. Section through the Poplar South chargeability and resistivity 3D voxel model showing
the location of historical drill hole 95-05
2
in relation to strong-chargeability and strong-resistivity
features. Targets A, B, and C represent priority areas for drill testing.
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 Poplar South target area, 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 gold
3
(indicated and inferred mineral resources, Table 1).
Table 1. Historical Mineral Resource Estimate for the Poplar Deposit
2
Class
Tonnes (Mt)
Grade
Metal
Cu (%)
Au (g/t)
Ag (g/t)
Cu (Mlbs)
Au (Koz)
Ag (Koz)
Indicated
152.3
0.32
0.09
2.58
1,091
430
12,640
Inferred
139.3
0.29
0.07
4.95
903
320
22,180
Notes:
*Above a cutoff of 0.2% Cu
** source – see Reference 3 below
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 (TSX.V: VZLA) (NYSE: VZLA) 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
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. The
historical Poplar mineral resource is considered relevant, as it was recently prepared for Universal
Copper in 2021 using practices that are generally standard in the industry
3
. 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 therefore, the issuer is not treating the historical estimate as a current
mineral resource.
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
Viszla Copper and may in some instances be unverifiable.
References
1.
Henneberry, T.R. (2024), Data acquisition and processing report, Helicopter Borne MobileMT Electromagnetic and Magnetic Survey, Assessment Report Indexing System, Report
41614,
https://apps.nrs.gov.bc.ca/pub/aris
2.
Wagner, D. (1995), Soil sampling and percussion drilling on the Thira Property, Omineca Mining District, BC, Assessment Report Indexing System, Report 24109,
https://apps.nrs.gov.bc.ca/pub/aris
3.
Ashton, P.E. and Robb, W. (2021), Technical Report 2021 Update on the Poplar Deposit, Omineca Mining Division British Columbia, https://sedarplus.ca
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.
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CO: Vizsla Copper Corp.
CNW 08:00e 15-JAN-25