The project also has 10.5 million tonnes of inferred resources grading 219 g/t silver, 1.96 g/t gold, 0.30% lead and 1.01% zinc, for 138.7 million oz. of AgEq. This is slightly down from the last estimate, as a large portion has been upgraded to the measured and indicated categories.
The update marks the first time that a measured resource has been calculated for Panuco, totalling 46 million oz. AgEq at an average grade of 640 g/t AgEq. A majority of this resource category is attributed to the Copala resource area that is designated for the first few years of mining.
Shares of Vizsla Silver shot up by 12.0% during the morning session, trading at a near 52-week high of $2.76 apiece. The Vancouver-headquartered precious metals miner has a market capitalization of approximately $768 million.
This resource estimate follows the inclusion of 157 new infill/expansion holes (69,754 metres) completed by Vizsla…
