Vizsla Copper Company (VCU-TSXV, VCUFF-OTCQB, 97E0-Frankfurt) reported preliminary drilling results from an ongoing spring drilling program in the Thira porphyry discovery at its Poplar project, located in central British Columbia.
The 44,200-hectare Poplar Project covers arc-related Mesozoic volcanic, sedimentary and intrusive rocks that are considered likely to have been mined for copper and gold associated with porphyry. The company has focused on the Thera target, which is centered approximately 10 kilometers south of the porphyry-associated copper and gold deposits (historic mineral resources of 152.3 million tonnes grading 0.32% copper, 0.09 g/t gold, and 139.3 million tonnes grading 0.29% copper, 0.07 g/t gold).
Vizsla Copper has the option to acquire a 100% interest in the Poplar project through a series of expenditure commitments and annual cash payments through 2027.
In its latest press release, Vizsla said hole TH26-151 intersects the longest period of continuous, shale-related copper-molybdenum mineralization drilled to date at the Thera discovery. She said the results of drilling TH26-151 are based on 2025 results and show that the mineralization extends at least 800 meters from east to west and at least 700 meters from north to south, where it remains open. Drilling highlights include 675 meters of 0.49% copper equivalent (0.26% copper, 0.015% molybdenum, 1.06 g/t silver and 0.04 g/t gold, above 0.10% copper cut grade) from a depth of 31.8 metres, including 435 meters of 0.49% copper equivalent (0.31% copper, 0.22%). Molybdenum, 1.24 g/t silver and 0.04 g/t gold, 0.20% above cut-off grade from 198 metres.
“The long interval of continuous porphyry-related mineralization at TH26-151 is encouraging because it opens up a large area to the north of the discovered drill holes completed in 2025,” said Steve Blower, Vizsla’s vice president of exploration. “Thera is shaping up to be a large near-surface zone of copper mineralization with strong continuity,” he said.
Vizsla Copper shares advanced on the news, rising 3.54%, or $0.04, to $1.17 in early trading Monday, with shares trading in a 52-week range of $2.68 and 50 cents.
The ongoing spring 2026 drilling program at the Poplar project consists of drilling up to 8,000 meters across three main target areas, Thera Discovery, Camp Lake and Copper Pond. Two core rigs are currently developing drill holes at Thira Discovery with drill holes designed to study lateral and vertical extents of copper-molybdenum mineralization associated with porphyry. Drill holes TH26-148 and TH26-151 were the first two holes drilled at Thera Discovery.
Vizsla recently said its board of directors has approved the 2026 exploration and development budget for the Palmer VMS project in southeast Alaska.
The total approved budget of $19.2 million will fund a 10,000-meter diamond drilling program using two drilling rigs targeting areas for high-grade expansion and high potential for new discoveries, the company said in a press release.
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