Vizsla Copper is back at its Palmer project in southeast Alaska with assay results that firm up one of the deposit’s higher-grade zones. The Northern Miner reported on October 7 that new infill holes at the AG deposit returned some of the strongest silver and zinc intercepts logged there this year, and the company’s own release fills in the technical detail behind the headline.
- Vizsla Copper (TSXV: VCU; OTCQB: VCUFF) released new infill drilling results from the AG deposit at its Palmer project in southeast Alaska on October 7.
- Hole CMR26-215 returned 21.2 metres grading 307.5 g/t silver equivalent, including a higher-grade 7.2-metre section at 438.0 g/t silver equivalent.
- Hole CMR26-211 returned 37.2 metres grading 177.7 g/t silver equivalent, including 12.8 metres at 346.6 g/t silver equivalent with notably stronger zinc.
- The AG deposit currently carries an inferred resource of 5.35 million tonnes grading 0.15% copper, 3.88% zinc, 110.6 g/t silver, and 0.41 g/t gold, effective January 2025.
- Vizsla plans to fold these holes, plus remaining 2026 assays, into an updated Palmer resource estimate in the first quarter of 2027.
What did Vizsla Copper find at Palmer?
The new assays come from the AG deposit, one of two deposits that make up the Palmer volcanogenic massive sulphide project near the Canadian border in southeast Alaska. Hole CMR26-215 cut 21.2 metres grading 307.5 g/t silver equivalent, made up of 4.79% zinc, 0.14% copper, 116.9 g/t silver, and 0.27 g/t gold, with a richer 7.2-metre core running 438.0 g/t silver equivalent. Hole CMR26-211, drilled elsewhere in the same zone, returned a longer but lower-grade 37.2-metre interval at 177.7 g/t silver equivalent, anchored by a 12.8-metre section carrying 7.79% zinc, the strongest base-metal grade in either hole. Company chair and chief executive Craig Parry said the results give the team more confidence in the strength and continuity of mineralization across the AG deposit’s central portion.
Where does this resource stand today?
It is worth being precise about what this is and is not. The AG deposit’s existing resource, 5.35 million tonnes at 0.15% copper, 3.88% zinc, 0.80% lead, 110.6 g/t silver, and 0.41 g/t gold, sits entirely in the inferred category, the lowest-confidence tier under Canadian resource reporting rules. No indicated or measured tonnage exists yet at AG, no feasibility study has been done, and no construction decision is on the table. Vizsla’s release also points to a recent approval on file with the Alaska Department of Natural Resources, without detailing the permit type, a reminder that this remains an exploration-stage project working through routine state processes rather than a mine moving toward production.
What does this mean for Alaska’s mineral supply picture?
Zinc and silver both carry weight in U.S. supply chains, zinc as a corrosion-resistant coating metal essential to steel and construction, silver as the highest-conductivity metal used throughout electronics and solar manufacturing. Palmer is still years from answering whether it becomes a producing mine, but a polymetallic deposit this far along in Alaska, a state with limited existing base-metal production, is the kind of domestic resource story worth tracking regardless of how any one drill hole turns out.
What happens next for Palmer?
Vizsla says its mountain-elevation drilling is finished for the 2026 season, while rigs continue testing lower-elevation targets through the rest of the year. Once the remaining assays are in hand, the company plans to fold the full 2026 program into geological modeling and release an updated AG resource estimate in the first quarter of 2027. Until that update lands, the AG deposit’s historical caveats, inferred-only classification, no production timeline, and routine rather than major permitting, still apply.