Vizsla Silver – New Discovery Of The Cristiano Vein, Intersecting 2,913/t AgEq over 1.46 Meters
Mike Konnert, President and CEO of Vizsla Silver (TSX.V:VZLA – NYSE:VZLA) joins us to recap the recent drill results from the Tajitos-Copala resource area. A new vein has been discovered, the Cristiano Vein yielding high grade silver, that is between the Tajitos and Copala Veins.
We have Mike recap the discovery hole and early on strike length from the initial 14 holes. We also discuss the follow up work that is planned to further expand this new discovery. We then recap where the 9 drill rigs are turning on the project.
To wrap up we jump over to Vizsla Copper which just signed a deal to acquire Consolidated Woodjam for the advanced copper asset in BC.
If you have any follow up questions for Mike regarding Vizsla Silver or Vizsla Copper please email us at Fleck@kereport.com and Shad@kereport.com.
Click here to visit read over the recent drill results news release on the Vizsla Silver website.
This week went better than I had hoped for or required to to give myself the “all clear” buy signal. The metals have bottomed.
This ASA action with a weekly big bull hammer says it all…
https://stockcharts.com/h-sc/ui?s=ASA&p=W&yr=5&mn=0&dy=0&id=p35294403770&a=984955935
I like your chart!
Thanks for all the charts Matthew, I have held my nose and am all in again, I even have a bit of Visla. I have quite a but of Big Ridge, BRAU and am wondering about it like Stillwater, I own both and both have been unimpressive recently.
I’m not familiar with BRAU but I can see why you are wondering about it based on the chart. It closed at its low for the week which is not a good sign but you know how these TSX-V issues can be. If I’m right about my expectations for the sector BRAU could turn on a dime very soon.
Two forks will get tested with another half-cent drop on Monday…
https://stockcharts.com/h-sc/ui?s=BRAU.V&p=D&yr=1&mn=3&dy=0&id=p95052358500&a=1247831424
We’ve had Mike from BRAU on the show a few times, but it’s been a little while because they have not had any news out since July. There should be some drill assays coming back soon from the labs as a catalyst, so we’ll try to get him back on for an update on the back of those.
All we need is Doc to confirm
Good one. I’ll hedge my bets if he does.
Great interview. Next time, could you perhaps ask about financing the next phase for the company’s growth? It must come sooner or later. This behemoth is growing like mad. The next RE is just the beginning. I say 250-300m oz then. Imagine what the RE after that will show! Incredible opportunity if all goes well.
That is a good suggestion ULF the Wolf, but I believe they were cashed up to continue the current drilling program. Of course, like all pre-revenue companies, they’ll need to raise more capital eventually, but hopefully at a higher shareprice, so it will be less dilutive. This is the challenge all explorers and developers face.
The next major milestone will be the updated resource estimate later this year. I don’t think it will come in as high as you outlined, but 150 million to180 million ounces of silver equivalent would be fantastic, and raise them above most of the other silver explorers, developers, and even many of the smaller producers in resources in the ground.
I don’t doubt that they’ll eventually find 200-300 million ounces on their prolific land package. Overall though, it is still early days relatively speaking, as they’ve only been drilling about 2+ years. It is important not to set one’s expectations too high or it leads to disappointment. They’ve already separated themselves from the rest of the pack by building up the resources they have so quickly, and by regularly putting out consistent bonanza grade drill results for 2 years in a row at multiple veins.
The Golden Cross Gold Miners Index is at zero for the first time since the major low of 2018…
https://stockcharts.com/h-sc/ui?s=%21GCIGDX&p=W&yr=7&mn=11&dy=0&id=p54000442642
Great point Matthew. The mining sector hasn’t been this bombed out since Fall of 2018, and that was a fantastic time to have accumulating depressed valuations.
So many people mention we speak with recall that the rally in PMs kicked off in mid 2019, but it actually started around Oct 2018, and I remember that turn quite well. It is also telling that yhe 2018 rally kicked off when that reading you highlighted above was last at 0. It seems quite probable that we may see another PM miners rally soon out of a very similar setup. Bring it!!
I might have turned around Friday but I am still in a 6 month range bound thing for awhile. I bottomed again so I must see if I can move about 20 more % before anything new. What was different was, Emerita was allowed to be up more than 2%. Just me.
Charles Nenner suggesting Au, Ag to bottom in the next 30 days, very ADAMANT about his call.
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