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Vizsla Copper (TSXV: VCU) announced the completion of its exploration field season at its Palmer project in southeastern Alaska
Across a total of 25 drill holes, the company completed 10,005 metres of diamond drilling using two drill rigs at the Palmer and AG deposits. So far, results from five drill holes have been reported, with the remaining 20 pending. The company says these results will support geological interpretation and a planned update to Palmer’s mineral resource estimate (MRE) in Q1 of 2027.
“The 2026 season has delivered meaningful progress at Palmer, highlighted by the high-grade copper mineralization at South Wall Zone 1 and the silver-rich AG Deposit,” said Craig Parry, Vizsla Copper’s chair and CEO.
Peter Mercer, the company’s senior vice-president for Alaska, added, “We are also proud that approximately 70% of our seasonal workforce came from Haines and 90% from Alaska, reflecting the important role local communities play in our operations.”
Located near the Canadian border, Palmer is a volcanogenic massive sulphide (VMS) project that covers more than 300 sq. kilometres.
Shares in Vizsla Copper rose 5.26% to 80¢ apiece Wednesday morning in Toronto.
Season highlights
Palmer’s October drill results were led by hole CMR26-215 at the AG deposit, which cut 21 metres grading 4.79% zinc, 0.14% copper, 116.9 grams of silver per tonne and 0.27 grams of gold from 180.3 metres depth.
Other results the company highlighted included hole CMR26-199, which included cut 49.2 metres grading 4.7% copper equivalent.