#Mexico #Vizsla Silver #Panuco Project #Bylsa Drilling #Sinaloa

Vizsla Silver's Heart-Wrenching Incident at Panuco Project

On January 9, 2025, a devastating landslide at the Panuco silver-gold project, operated by Vizsla Silver Corp. (NYSE: VZLA), tragically claimed the life of a contractor, an employee of Bylsa Drilling S.A. de C.V. The incident, which occurred in Sinaloa, Mexico, has left the company and the local community grappling with the untimely loss.

Details of the Incident

The landslide occurred as Bylsa Drilling was conducting operations at one of the exploration drill pads. While the identity of the deceased has not been publicly disclosed, reports indicate that another employee from Bylsa was critically injured in the same incident and is currently hospitalized.

Michael Konnert, the President and CEO of Vizsla Silver, expressed deep sorrow over the event. In a statement, he conveyed the company's condolences and promised to provide ongoing support to the affected families, emphasizing the importance of assisting the local community in this sorrowful time.

“This tragic accident weighs heavily on our hearts,” said Konnert. “We are fully committed to supporting the families, the community, and our employees during this incredibly challenging situation.”

Investigation and Project Suspension

In response to the incident, Vizsla Silver has initiated a comprehensive investigation to understand the causes of the landslide. The company has pledged to collaborate closely with both Bylsa Drilling and local authorities as they seek to determine more details surrounding the events leading to this unfortunate occurrence.

Authorities have been notified, and their investigation efforts will be met with the full cooperation of Vizsla Silver. As a safety measure, all activities at the Panuco project site have been halted until a thorough assessment is conducted to prevent such future incidents.

Community and Family Support

Moreover, the company is not only focusing on investigation procedures but is also mobilizing support for the families affected by this incident. Konnert's remarks indicate that special attention will be paid to ensuring that the families of both employees receive appropriate assistance during this difficult period.

The tragic incident serves as a stark reminder of the risks faced by contractors in the mining industry, particularly in exploration activities in challenging terrains. The Panuco project is a vital part of Vizsla Silver's portfolio, and while the company reflects on this loss, its commitment to safety and care for its workers remains steadfast.

As the investigation unfolds and the community reels from this tragedy, the industry stands united in hope for a future where operations can be performed without such heartbreaking consequences.

In light of this incident, the future of operations at the Panuco project remains uncertain. The company's dedication to the safety and well-being of its contractors and employees will likely shape their next steps as they navigate through the aftermath of this sad event.

Conclusion

Vizsla Silver's response to this incident showcases the company's values and commitment toward nurturing a safe and supportive environment for their team. Their proactive measures in investigating and cooperating with authorities indicate a responsible approach to workplace safety, aiming to prevent accidents and ensure that such tragedies are not repeated in the future.