Vancouver, British Columbia – TheNewswire – November 10, 2021 – Vizsla Copper Corp. (TSXV:VCU) (OTC:VCUFF) (“Vizsla Copper” or the “Company”) is pleased to announce the start of an airborne geophysical survey at the Blueberry copper project in central British Columbia. The Blueberry Project (the “Project”) is 100% owned by the Company and is located southwest of Houston, BC (Figure 1).
The Survey
Expert Geophysics Ltd. has been contracted to fly a 742 line-km Mobile Magnetotelluric (MobileMT) and magnetic helicopter borne geophysical survey over the most prospective portions of the Blueberry Project (Figure 2) with flight lines spaced 300m apart. The survey is now underway and will help to characterize the geology of the area and attempt to locate intrusive rock types and alteration zones associated with porphyry copper mineralization. Surveying is expected to be complete within one to two weeks time and data processing and interpretation of the results will follow immediately afterward.
The Project
The Blueberry Project is a copper exploration property located in central BC, 30km southwest of the town of Houston. The Project is comprised of 23 contiguous mineral claims totalling 20,265ha immediately adjacent to the Stars copper discovery belonging to M3 Metals Corp. and Aurwest Resources Corp. Blueberry is located along an underexplored and till covered portion of the Babine porphyry belt that stretches from north of Babine Lake to south of the Huckleberry mine, 40km south of the Project. Regional aeromagnetic surveys indicate the presence of several large magnetic high anomalies within the Project boundary that may represent covered intrusions that are prospective for porphyry copper mineralization.
About Vizsla Copper
Vizsla Copper is a new and well-funded copper exploration company that was recently spun out of Vizsla Silver Corp. with a mandate to explore, acquire and develop quality copper projects around the globe. The Company has two prospective exploration projects in British Columbia, Canada; Blueberry (porphyry copper) and Carruthers Pass (volcanogenic massive sulphide). The Company is led by a Board and Management team with a track record of success in mineral exploration, development and operations.
Figure 1 – Blueberry Project Location Map
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Figure 2 – Blueberry Project Mobile MT Planned Flight Lines
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Qualified Person
The Company’s disclosure of technical or scientific information in this press release has been reviewed and approved by Steve Blower, P.Geo., Vice President of Exploration for Vizsla Copper. Mr. Blower is a Qualified Person as defined under the terms of National Instrument 43-101.
Contact Information: For more information and to sign-up to the mailing list, please contact:
Chris Donaldson, Chief Executive Officer and Director
Tel: (604) 813-3931 | Email: [email protected]
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.
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.
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