08:55 AM EDT, 06/11/2025 (MT Newswires) -- Vizsla Copper ( VCUFF ) , which fell near 16% yesterday, reported Wednesday the results from a recently completed induced polarization survey across the M5 target at the Copperview project in British Columbia, defining a "strong and untested IP anomaly".

The company said it identified a broad 3.5 square-kilometer anomaly at Copperview across a dominantly till-covered area that has never been drill tested. "The presence of overlapping geophysical anomalies strongly supports the high-prospectivity for mineralization across this area," said Steve Blower, Vizsla's vice president of exploration. "We will follow-up with soil geochemical surveys and continued mapping aimed at advancing M5 to drill ready stage."

On next steps, VCU said a grid-based soil geochemical survey covering the M5 target will start in the coming weeks. Contingent on geochemical results, the M5 target may be drill tested later this year.

Vizsla's share price slumped 15.8% on Tuesday to $0.08 on the TSXV.