VIZSLA COPPER INTERSECTS 0.90% COPPER EQUIVALENT OVER 66.1 METRES IN INITIAL DRILL HOLES FROM ITS ONGOING EXPLORATION PROGRAM AT THE WOODJAM PROJECT, CENTRAL BC

VIZSLA COPPER INTERSECTS 0.90% COPPER EQUIVALENT OVER 66.1 METRES IN INITIAL DRILL HOLES FROM ITS ONGOING EXPLORATION PROGRAM AT THE WOODJAM PROJECT, CENTRAL BC

Vizsla Copper Corp. (TSXV: VCU) (OTCQB: VCUFF) ( FRANKFURT : 97E0) (" Vizsla Copper " or the " Company ") is pleased to report initial assay results from its summer core drilling program at the Woodjam copper-gold project (the " Woodjam Project " or " Woodjam ") in south-central BC.

HIGHLIGHTS

Drill holes SE23-101 and 102 at the Southeast zone intersected broad intervals of consistent copper mineralization confirming strong grade continuity in key areas of the deposit.

  • Drill hole SE23-102:
    • Intersected 0.61% copper equivalent (CuEq, 0.54% Cu, 0.05 g/t Au, 1.84 g/t Ag and 0.005% Mo) over 293.2 m from 136.9 to 430.1m (>0.2% Cu) 1,2
    • includes a high-grade interval of 0.90% CuEq (0.81% Cu, 0.08 g/t Au, 1.89 g/t Ag and 0.005% Mo) over 66.1m from 157.0 to 223.1m (>0.5% Cu) 1,2
  • Drill hole SE23-101:
    • Intersected 0.60% CuEq (0.49% Cu, 0.07 g/t Au, 1.43 g/t Ag and 0.012% Mo) over 131.5 m from 177.0 to 308.5m (>0.2% Cu) 1,2
    • includes a high-grade interval of 0.76% CuEq (0.64% Cu, 0.10 g/t Au, 1.75 g/t Ag and 0.011% Mo) over 60.0m from 185.0 to 245.0m (>0.5% Cu) 1,2

Notes:


1.

Composite intervals are calculated above noted Cu cutoff grades and may include a maximum of 10m of internal waste.

2.

Copper equivalent values are based on metal prices of $4.00/lb Cu, $1,800/oz Au, $22/oz Ag and $15/lb Mo.

" These initial results support our view that Woodjam is an incredibly important copper project in a world that requires an ever-increasing amount of it, " commented Craig Parry , Executive Chairman.  " I look forward to the rest of the results from our inaugural drilling program.  With easy access, established infrastructure and an enormous endowment of metal, Vizsla Copper's Woodjam Project is proving to be an outstanding asset. "

"Long, strong intervals of copper mineralization are a great way to start our first drill program at Woodjam," commented Steve Blower , Vice President of Exploration .  "I eagerly await assay results from the rest of the program, which includes several drill holes designed to extend mineralization at the Deerhorn and Takom deposits, plus explore new target areas at the Megaton and Megabuck East zones."

The Program

High-grade, copper-gold mineralization in and around the over 6-kilometer-long corridor of known porphyry-related mineralization at Woodjam is being targeted by this drill program (Figure 1).  Initial drill holes successfully tested gaps in previous drilling at the Southeast deposit and confirmed strong grade continuity (Figure 2).  Results from the first three drill holes are highlighted by hole SE23-102, an angled drill hole designed to fill a 120m gap on Figure 3.  The hole intersected 0.61% CuEq (0.54% Cu, 0.05 g/t Au, 1.84 g/t Ag and 0.005% Mo) over 293.2m , including a high-grade interval of 0.90% CuEq (0.81% Cu, 0.08 g/t Au, 1.89 g/t Ag and 0.005% Mo) over 66.1m .  See Table 1 for additional details on the intersections.

Table 1 – Woodjam 2023 Results

Hole-ID

Area

Significant Intersections



From (m)

To (m)

Length (m)

Cu (%)

Mo (%)

Au (g/t)

Ag (g/t)

Cueq (%)

SE23-100

Southeast

No significant intersections >0.20% Cu





SE23-101

Southeast

177.00

308.50

131.50

0.49

0.012

0.07

1.43

0.60

includes


185.00

245.00

60.00

0.64

0.011

0.10

1.75

0.76

and


398.00

448.00

50.00

0.29

0.046

0.04

1.99

0.50

and


487.00

497.00

10.00

0.79

0.215

0.37

10.25

1.92

SE23-102

Southeast

136.90

430.10

293.20

0.54

0.005

0.05

1.84

0.61

includes


157.00

223.10

66.10

0.81

0.005

0.08

1.89

0.90

and includes


260.00

327.10

67.10

0.54

0.005

0.05

1.43

0.60

and


442.00

481.10

39.10

0.34

0.013

0.03

1.50

0.42

Notes:




1.

Composite intervals are calculated above 0.20% Cu (0.50% Cu for higher grade subintervals) and may include a maximum of 10m of internal waste.


2.

Copper equivalent values are based on metal prices of $4.00/lb Cu, $1,800/oz Au, $22/oz Ag and $15/lb Mo.

Drill hole SE23-101 successfully filled a 140m gap on Figure 4 with an intersection of 0.60% CuEq (0.49% Cu, 0.07 g/t Au, 1.43 g/t Ag and 0.012% Mo) over 131.5m , including a high-grade interval of 0.76% Cueq (0.64% Cu, 0.10 g/t Au, 1.75 g/t Ag and 0.011% Mo) over 60.0m .  Copper mineralization at the Southeast deposit comprises chalcopyrite ± bornite-bearing veins and vein stockworks hosted in variably potassic altered monzonitic intrusive rocks of the Early Jurassic Takomkane batholith.

Drill hole SE23-100 was drilled on the northeastern fringe of the Southeast deposit and did not intersect any significant intervals greater than 0.20% Cu.

Approximately 5,970m of drilling has been completed to date in 14 drill holes with the total planned program consisting of approximately 8,000m in 18 drill holes.  Assay results have now been received for the first three drill holes and all others are pending.

Figure 1 – Woodjam Property Map

Figure 1 – Woodjam Property Map (CNW Group/Vizsla Copper Corp.)

Figure 2 – Drilling Target Area Locations

Figure 2 – Drilling Target Area Locations (CNW Group/Vizsla Copper Corp.)

Figure 3 – Drill Hole SE23-102 Cross-Section

Figure 3 – Drill Hole SE23-102 Cross-Section (CNW Group/Vizsla Copper Corp.)

Figure 4 – Drill Hole SE23-101 Cross-Section

Figure 4 – Drill Hole SE23-101 Cross-Section (CNW Group/Vizsla Copper Corp.)

Table 2 – Collar locations for the currently reported drill holes.

Hole ID

Hole size

Depth (m)

Azimuth (°)

Dip (°)

Easting

Northing

Elevation (m)

SE23-100

NQ

602

170

-75

613285

5788697

978

SE23-101

NQ

506

310

-80

613078

5788290

973

SE23-102

NQ

509

310

-75

612935

5788211

977

Notes:




1.

Coordinates are given as North American Datum 1983, Universal Transverse Mercator Zone 10 North (NAD83 z 10N)

Sampling, Chain of Custody, Quality Assurance and Quality Control

All sampling was conducted under the supervision of Vizsla's geologists and the chain of custody from the sampling facility in Horsefly to the sample preparation facility, ALS Laboratories in Kamloops, BC , was continuously monitored.

Core samples were taken as ½ core, from a minimum of 0.3 m to a maximum of 2 m core length to account for lithological or alteration boundaries. Samples were then crushed, pulverised and sample pulps were analysed using industry standard analytical methods including a 4-Acid, ICP-MS multielement package (ALS code ME-MS61) and an ICP-AES method for high-grade copper samples (ALS code ME-OG62). Gold was analysed using a 30 g aliquot by fire assay with an ICP-AES finish (ALS code Au-ICP21).

Certified reference material was inserted every 10 th sample. Coarse blank was inserted every 20 th sample. For approximately 2.5% of core samples, the remaining ½ core was taken as a field duplicate. For 2.5% of core samples a preparation duplicate is taken after coarse crushing is complete at the laboratory.

In addition to Vizsla's QA/QC program, additional blanks, reference materials and duplicates were inserted by ALS according to their internal procedures. Data verification of the analytical results included a statistical analysis of the standards and blanks that must pass certain parameters for acceptance to ensure accurate and verifiable results.

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 four additional copper exploration properties; Copperview, Redgold, Blueberry and Carruthers Pass , 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 is committed to socially responsible exploration and development, working safely, ethically and with integrity.

Vizsla Copper is a spin-out of Vizsla Silver Corp. (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 Ian Borg , P.Geo., Senior Geologist for Vizsla Copper. Mr. Borg is a Qualified Person as defined under the terms of National Instrument 43-101.

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: the exploration and development of the Company's projects, including Woodjam; the release of exploration results; and the Company's growth and business strategies.

Forward‐looking statements and forward‐looking information relating to any future mineral production, liquidity, enhanced value and capital markets profile of the Company, future growth potential for the Company and its business, and future exploration plans are based on management's reasonable assumptions, estimates, expectations, analyses and opinions, which are based on management's experience and perception of trends, current conditions and expected developments, and other factors that management believes are relevant and reasonable in the circumstances, but which may prove to be incorrect. Assumptions have been made regarding, among other things, the price of silver, gold, and other metals; no escalation in the severity of public health crises; costs of exploration and development; the estimated costs of development of exploration projects; the Company's ability to operate in a safe and effective manner and its ability to obtain financing on reasonable terms.

These statements reflect the Company's respective current views with respect to future events and are necessarily based upon a number of other assumptions and estimates that, while considered reasonable by management, are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies. Many factors, both known and unknown, could cause actual results, performance, or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward‐looking statements or forward-looking information and the Company has made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation: precious metals price volatility; risks associated with the conduct of the Company's mining activities; regulatory, consent or permitting delays; risks relating to reliance on the Company's management team and outside contractors; the Company's inability to obtain insurance to cover all risks, on a commercially reasonable basis or at all; currency fluctuations; risks regarding the failure to generate sufficient cash flow from operations; risks relating to project financing and equity issuances; risks and unknowns inherent in all mining projects, including the inaccuracy of reserves and resources, metallurgical recoveries and capital and operating costs of such projects; contests over title to properties, particularly title to undeveloped properties; laws and regulations governing the environment, health and safety; the ability of the communities in which the Company operates to manage and cope with the implications of public health crises; the economic and financial implications of public health crises to the Company; operating or technical difficulties in connection with mining or development activities; employee relations, labour unrest or unavailability; the Company's interactions with surrounding communities; the Company's ability to successfully integrate acquired assets; the speculative nature of exploration and development, including the risks of diminishing quantities or grades of reserves; stock market volatility; conflicts of interest among certain directors and officers; lack of liquidity for shareholders of the Company; litigation risk; the ongoing military conflict in Ukraine ; general economic facts; and the factors identified under the caption "Risk Factors" in the Company's management discussion and analysis and other public disclosure documents.

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.

Vizsla Copper Corp. Logo (CNW Group/Vizsla Copper Corp.)

SOURCE Vizsla Copper Corp.

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Canada Nickel Company Inc. ("Canada Nickel") (TSXV: CNC) (OTCQX: CNIKF) was proud to participate in an Ontario government delegation at the 2024 Energy Transition Metals Summit in Washington, D.C. During the summit, CEO Mark Selby a veteran in the mining industry with over 20 years of experience, stressed the importance of strengthened Ontario-US trade partnerships and collaboration in critical minerals as demand for clean energy solutions across North America surges.

Canada Nickel Company Inc. (CNW Group/Canada Nickel Company Inc.)

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"We have the critical minerals, expertise and experience the world is looking for in my riding of Timmins and across Northern Ontario ," said George Pirie , Member of Provincial Parliament for Timmins , and Ontario's Minister of Mines. " The United States and Ontario share goals for a battery-powered future and the relationship between our governments has never been more important. We need to work together to secure the supply chain and Ontario -based companies like Canada Nickel will help us accomplish this goal. I am so excited to continue working to promote Ontario mining companies because they are the best in the world."

Canada Nickel's participation in the summit underscores its role as a leader in the next generation of large-scale nickel supply and as a key player in North America's critical minerals strategies. The company continues to work closely with the Ontario Government, Canadian, and US officials to advance bilateral initiatives that enhance the critical minerals supply chain and promote sustainable mining practices.

For More Information, Contact:
Mark Selby
CEO and Director
647-256-1954
info@canadanickel.com

Media Contact:
Sydney Oakes
Director of Indigenous Relations and Public Affairs, Canada Nickel Company
sydneyoakes@canadanickel.com

About Canada Nickel Company

Canada Nickel Company Inc. is advancing the next generation of nickel-sulphide projects to deliver nickel required to feed the high growth electric vehicle and stainless steel markets. Canada Nickel Company has applied in multiple jurisdictions to trademark the terms NetZero NickelTM, NetZero CobaltTM, NetZero IronTM and is pursuing the development of processes to allow the production of net zero carbon nickel, cobalt, and iron products. Canada Nickel provides investors with leverage to nickel in low political risk jurisdictions. Canada Nickel is currently anchored by its 100% owned flagship Crawford Nickel-Cobalt Sulphide Project in the heart of the prolific Timmins - Cochrane mining camp. For more information, please visit www.canadanickel.com .

Cautionary Statement Concerning Forward-Looking Statements

This press release contains certain information that may constitute "forward-looking information" under applicable Canadian securities legislation.  Forward looking information includes, but is not limited to, the potential of the Crawford Nickel Sulphide Project, strategic plans, statements relating to the nickel and EV markets, and corporate and technical objectives.  Forward-looking information is necessarily based upon several assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking information.  Factors that could affect the outcome include, among  others:  future prices and the supply of metals, the future demand for metals, the results of drilling, inability to raise  the money necessary to incur the expenditures required to retain and advance the Crawford Project, environmental liabilities  (known  and  unknown), general business, economic, competitive, political and social uncertainties, results of  exploration programs, risks of the mining industry, delays in obtaining governmental approvals, and failure to obtain  regulatory or shareholder approvals.  There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information.  Accordingly, readers should not place undue reliance on forward-looking information.  All forward-looking information contained in this press release is given as of the date hereof and is based upon the opinions and estimates of management and information available to management as at the date hereof.  Canada Nickel disclaims any intention or obligation to update or revise any forward-looking information, whether because of new information, future events or otherwise, except as required by law.

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Western Copper and Gold Corporation logo (CNW Group/Western Copper and Gold Corporation)

The Offering was completed pursuant to an underwriting agreement dated April 16, 2024 entered into between the Company and a syndicate of underwriters led by Eight Capital, and including Cormark Securities Inc., National Bank Financial Inc., Raymond James Ltd., BMO Capital Markets, Canaccord Genuity Corp., CIBC World Markets Inc., H.C. Wainwright & Co., LLC, RBC Dominion Securities Inc., Echelon Wealth Partners Inc. and Haywood Securities Inc. (the "Underwriters"). In connection with the Offering, the Company paid the Underwriters a cash commission equal to 5.0% of the gross proceeds, other than on sales of an aggregate of 358,000 Common Shares to purchasers on a president's list.

The net proceeds from the sale of the Common Shares are expected to be used to advance permitting and engineering activity at the Company's Casino Project in the Yukon and for general corporate and working capital purposes.

The Offering was completed by way of a short form prospectus (the "Prospectus") filed in all of the provinces of Canada , except Québec, and in the United States pursuant to a prospectus filed as part of a registration statement on Form F-10 (the "Registration Statement") under the Canada /U.S. multi-jurisdictional disclosure system. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the Common Shares in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of that jurisdiction. The Prospectus is available on SEDAR+ at www.sedarplus.ca . The Registration Statement is available on EDGAR at www.sec.gov .

Certain directors of the Company (the "Insiders") participated in the Offering and were issued an aggregate of 110,000 Common Shares. The Insiders' participation in the Offering constitutes a "related party transaction" as defined in Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions ("61-101"). The Company is relying on the exemptions from the formal valuation and minority shareholder approval requirements contained in sections 5.5(a) and 5.7(1)(a) of 61-101 in respect of the Offering as neither the fair market value of the securities issued to the Insiders nor the consideration paid by the Insiders for such securities exceed 25% of the Company's market capitalization. The Company will file a material change report in respect of the Offering. However, the Company did not file a material change report 21 days prior to closing of the Offering as the participation of insiders of the Company in the Offering had not been confirmed at that time.

western copper and gold corporation is developing the Casino Project, Canada's premier copper-gold mine in the Yukon Territory and one of the most economic greenfield copper-gold mining projects in the world.

The Company is committed to working collaboratively with our First Nations and local communities to progress the Casino Project using internationally recognized responsible mining technologies and practices.

For more information, visit www.westerncopperandgold.com .

On behalf of the board,

"Sandeep Singh"

Sandeep Singh
Chief Executive Officer
western copper and gold corporation

Cautionary Disclaimer Regarding Forward-Looking Statements and Information

This news release contains certain forward-looking statements concerning the use of proceeds from the Offering and the filing of a material change report in respect of the Offering . Statements that are not historical fact are "forward-looking statements" as that term is defined in the United States Private Securities Litigation Reform Act of 1995 and "forward-looking information" as that term is defined in National Instrument 51-102 ("NI 51-102") of the Canadian Securities Administrators (collectively, "forward-looking statements"). Forward-looking statements are frequently, but not always, identified by words such as "expects", "anticipates", "believes", "intends", "estimates", "potential", "possible" and similar expressions, or statements that events, conditions or results "will", "may", "could" or "should" occur or be achieved. The material factors or assumptions used to develop forward-looking statements include, but are not limited to, the assumptions that all regulatory approvals of the Offering will be obtained in a timely manner; all conditions precedent to completion of the Offering will be satisfied in a timely manner; and that market or business conditions will not change in a materially adverse manner.

Forward-looking statements are statements about the future and are inherently uncertain, and actual results, performance or achievements of Western and its subsidiaries may differ materially from any future results, performance or achievements expressed or implied by the forward-looking statements due to a variety of risks, uncertainties and other factors. Such risks and other factors include, among others, risks involved in fluctuations in gold, copper and other commodity prices and currency exchange rates; uncertainties related to raising sufficient capital in a timely manner and on acceptable terms; and other risks and uncertainties disclosed in Western's AIF and Form 40-F, and other information released by Western and filed with the applicable regulatory agencies.

Western's forward-looking statements are based on the beliefs, expectations and opinions of management on the date the statements are made, and Western does not assume, and expressly disclaims, any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as otherwise required by applicable securities legislation. For the reasons set forth above, investors should not place undue reliance on forward-looking statements.

SOURCE western copper and gold corporation

Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/April2024/30/c8584.html

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World Copper Announces Changes to Their Board of Directors

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Appointment of Gordon Neal, Keith Henderson and Jonathan Lotz as Directors

News Provided by Newsfile via QuoteMedia

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World Copper Announces Changes to Their Board of Directors

World Copper Announces Changes to Their Board of Directors

World Copper Ltd. (TSXV: WCU) (OTCQB: WCUFF) (FSE:7LY0) ("World Copper" or the "Company").

Appointment of Gordon Neal, Keith Henderson and Jonathan Lotz as Directors

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
World Copper Announces Changes to Their Board of Directors

World Copper Announces Changes to Their Board of Directors

World Copper Ltd. (TSXV: WCU) (OTCQB: WCUFF) (FSE:7LY0) ("World Copper" or the "Company").

Appointment of Gordon Neal, Keith Henderson and Jonathan Lotz as Directors

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
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