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Vizsla Silver Review of 2024 and Ambitious Outlook for 2025

Vizsla Silver Corp. recently released its year-end summary for 2024 and set an optimistic outlook for 2025, marking a pivotal period for the company as it transitions from early-stage exploration to significant development at its flagship Panuco silver-gold property in Sinaloa, Mexico. During 2024, the company achieved several milestones, including the publication of its first Preliminary Economic Assessment (PEA) in July, which emphasized promising economic indicators based on a solid resource foundation.

Michael Konnert, the Company’s President and CEO, expressed enthusiasm about the transformative changes the company experienced in 2024, stating, "Vizsla Silver went from early-stage exploration to early-stage development." The PEA revealed an annual production potential of 15.2 million ounces of silver equivalent over an initial mine life of 10.6 years, with an impressive after-tax net present value (NPV5%) of $1.1 billion and a remarkable 86% internal rate of return (IRR). This successful assessment, coupled with an upgraded resource estimate that showed a 43% increase in measured and indicated ounces, significantly boosts the company’s economic prospects moving forward.

2024 Achievements: A Year of Expansion and Progress

Several key highlights from 2024 underscore Vizsla Silver’s rapid progression. First, the company conducted an extensive drilling campaign with a total of 37,662 meters, focusing on the conversion of resources within the Copala and Napoleon resource areas. Alongside, the share price demonstrated robust growth, soaring by 45% to reach C$2.51 per share. Additionally, Vizsla Silver secured C$95 million in financing through two successful equity raises, enhancing its financial positioning as it undertook critical developments.

Community engagement has also been a focus for Vizsla Silver. The company organized health fairs, providing vital healthcare access to more than 550 local residents in Sinaloa. Moreover, Vizsla expanded its land package significantly, growing the Panuco property to over 17,000 hectares by acquiring two sizeable areas that previously produced silver.

Setting the Stage for 2025

Looking ahead to 2025, Vizsla Silver is committed to advancing the permitting and development processes necessary for the Copala test mine, a project aimed at minimizing risk and establishing a robust production pathway. Their strategy includes a comprehensive bulk sampling program and further metallurgical testing to ensure the project is poised for construction. The company also aims to complete a feasibility study in the latter half of 2025, which will provide a detailed strategy for moving forward and initiating construction potentially by 2027.

In addition to project development activities, Vizsla Silver plans to conduct over 37,000 meters of new drilling in 2025, encompassing engineering studies, resource expansion, and exploration missions. The company aims to target high-priority prospects around the current resource areas and beyond—giving a broad scope for future discoveries. Geophysical surveys will further aid in locating and verifying new resource opportunities across the district.

Commitment to Safety and Community

A central theme for Vizsla Silver in 2025 is its dedication to the health and safety of community members and employees, underscoring its commitment as it continues through permitting and development phases. By integrating safety measures and fostering community development, Vizsla Silver seeks to ensure that its growth is sustainable and beneficial to those living near its operations.

In summary, Vizsla Silver's review of 2024 reveals a year filled with strategic advancements, and as it prepares for 2025, the company remains focused on its vision of becoming a leading player in the silver market, driven by robust exploration and development plans and a commitment to community wellbeing.