Vizsla Copper Appoints Craig Parry as CEO and Updates on Poplar Project
Vizsla Copper has appointed Craig Parry, the current Executive Chairman, as Chief Executive Officer. Parry brings a proven track record of creating shareholder value, notably from his role as CEO of IsoEnergy. Chris Donaldson will step down as CEO but will remain a director.
The Poplar Project, Vizsla Copper's newly acquired asset, is home to the Poplar Deposit, a significant porphyry-related copper-gold-molybdenum deposit in British Columbia. The deposit hosts an undiluted indicated mineral resource of 152.3 million tonnes grading 0.32% copper, 0.009% molybdenum, 0.09 g/t gold, and 2.58 g/t silver. The inferred mineral resource is 139.3 million tonnes grading 0.29% copper, 0.005% molybdenum, 0.07 g/t gold, and 4.95 g/t silver.
The Poplar Deposit is a large, near-surface copper deposit that extends to the top of the bedrock, covered by a thin layer of overburden. It has a higher-grade core, beneficial for phased mining scenarios. Limited exploration drilling and ground geophysical surveying outside the immediate deposit area suggest significant potential for additional discoveries.
The Poplar Project spans 39,000 hectares and includes significant historical drill hole intersections. The most recent drilling in 2021 by Universal Copper intersected 432.8 meters grading 0.42% copper, 0.011% molybdenum, 0.15 g/t gold, and 1.80 g/t silver. The historical mineral resource estimate, prepared in September 2021, includes an indicated resource of 152.3 million tonnes grading 0.32% copper and an inferred resource of 139.3 million tonnes grading 0.29% copper. Although not yet verified by an Independent Qualified Person, the estimate remains relevant due to its recent date and minimal subsequent drilling.
Located 35 km from the Huckleberry Copper Mine, the Poplar Project offers excellent accessibility with road access, a 138 Kva hydroelectric line, and proximity to the rail head at Houston (88 km) and the deep-water port at Prince Rupert (400 km by rail).
