Vizsla Copper announces Board Approval of 2026 Budget and Exploration Programme for the Palmer Project
Published by Jody Dodgson,
Editorial Assistant
Global Mining Review,
The approved 2026 programme outlines a comprehensive exploration, technical, and project progression strategy designed to advance the Palmer Project toward economic evaluation while continuing to expand its critical minerals resource base.
2026 programme highlights
- Total approved budget: US$13.7 million (CAN$19.2 million).
- Diamond drilling: ~10 000 m (~32 800 ft) utilising two drill rigs targeting areas for high grade expansion and high potential for a new discovery.
- Expanded technical studies: mineral resource refinement including integration of barite, critical trade-off studies, and advanced 3D geological modelling.
- Geophysics: compilation and reprocessing of historical datasets and new survey acquisition to refine exploration for new mineralisation.
- Project development: continued environmental baseline collection, preparation of camp and support facilities for expanded drilling and assessment programmes in 2027.
Craig Parry, Executive Chairman and CEO, commented: “The approval of the 2026 budget marks an important step forward in advancing the Palmer VMS Project. This program is designed to both grow the resource base and continue de-risking the project through a disciplined technical approach. With strong financial backing and a clear execution plan, we believe Palmer is well positioned to deliver meaningful results in 2026.”
Peter Mercer, Senior Vice President, Alaska, added: “The 2026 programme reflects a balanced approach between exploration, technical advancement, and development readiness. With drilling, geophysics, and engineering work progressing in parallel, we are building the dataset required to move Palmer toward economic evaluation while continuing to unlock the potential of this critical mineral project.”
Read the article online at: https://www.globalminingreview.com/mining/02042026/vizsla-copper-announces-board-approval-of-2026-budget-and-exploration-programme-for-the-palmer-project/