VIZSLA COPPER DRILLS 304.8 METERS OF 0.48% CUEQ AT THE THIRA DISCOVERY, CENTRAL BRITISH COLUMBIA
Vizsla’s Thira porphyry system confirms scale with low grades, while the high-grade Palmer deposit remains the primary economic prize.
Vizsla Copper Corp. (VCU) has released the remaining results from its spring 2026 Phase 1 drilling program at the Thira porphyry Cu-Mo discovery within the Poplar Project in British Columbia. The company’s key drill hole, TH26-154, intersected 472.8m of 0.40% CuEq starting at 13.2m depth. This interval includes a 304.8m core grading 0.48% CuEq, composed of 0.29% Cu, 0.022% Mo, 1.02 g/t Ag, and 0.05 g/t Au, above a 0.20% Cu cutoff.
Based on drilling completed to date, the release defines a mineralized footprint of approximately 800m by 900m at Thira. Secondary targets at Camp Lake and Copper Pond returned broad but lower-grade intercepts, including 162.0m at 0.24% CuEq and 177.3m at 0.31% CuEq. These results indicate porphyry-style mineralization, though at grades below the average found at Thira.
Phase 2 drilling, consisting of up to 8,000m, is scheduled for late July to test extensions at Thira, Camp Lake, and Copper Pond.
Vizsla Copper Corp. (VCU) announced the Thira discovery in July 2025, reporting an initial intercept of 345.3 meters at 0.43% copper equivalent (CuEq). Subsequent drilling has since extended the footprint, and the company’s latest release provides one additional hole of similar quality, confirming the dimensions of the system. The company describes the Thira system as large and low-grade.
The Palmer VMS project, which Vizsla recently acquired, offers higher-grade potential, with reported intercepts including 23.9 meters at 11.2% CuEq. The company also raised $44 million in cash.
At a stock price of $1.14, Vizsla has a market capitalization of approximately $39 million. The stock has experienced a significant downtrend, falling from $2.55 in late January. The July 16 release is viewed as incremental rather than transformational.
Vizsla Copper Corp. (VCU) is a junior explorer focused on copper projects in British Columbia and Alaska. Its Poplar Project, which it holds on a 100% earn-in basis, hosts the Thira porphyry discovery, measuring 800m by 900m and remaining open, as well as the earlier-stage Poplar deposit. The company’s 2026 program aims to delineate a large bulk-tonnage resource at this site.
In Alaska, the company holds a 100% interest in the Palmer Project, a high-grade VMS deposit that serves as its flagship asset. Acquired in December 2025, Palmer has indicated resources of 4.77 Mt @ 1.69% Cu, 5.17% Zn and significant exploration upside. The company also holds earlier-stage projects in BC, including Woodjam and Copperview, with the first drilling at Copperview planned for Fall 2026.
The company completed a $44M financing in December 2025, providing a strong treasury for multi-year exploration.