Vizsla Copper (TSXV: VCU; US-OTC: VCUFF) aims to put its Palmer project in southeast Alaska into production within five years, making the high-grade deposit the anchor of a planned mid-tier North American copper producer.
Palmer lies 170 km northwest of Juneau by air or sea and 60 km by road from Haines on tidewater. It holds 4.77 million indicated tonnes grading 1.69% copper and 5.17% zinc, plus 12 million inferred tonnes at 0.57% copper and 3.92% zinc. Vizsla has drilled five holes for 2,242 metres of a 10,000-metre program focused first on the South Wall zone.
“I really want to stick to a very tight timeline to get into production here in the next five years,” Chairman and CEO Craig Parry told The Northern Miner’s Western Editor, Henry Lazenby, this month during the Rule Symposium on Resource Investing in Boca Raton Fla. “Palmer may give us that.”
Vizsla may take Palmer to earlier production than its larger, lower-grade copper projects in British Columbia. Parry sees 25 million to 30 million tonnes as the scale needed to support a mine, but the company has yet to publish an economic study, cost estimate or development schedule.
Watch below the interview in full:
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