Vizsla Silver Corp. Unveils Updated Technical Report on Panuco Project

On February 20, 2025, Vizsla Silver Corp., operating under the ticker symbols TSX: VZLA and NYSE: VZLA, proudly announced the filing of an independent technical report concerning its anticipated silver-gold venture at the Panuco project. This report marks a significant step for the company, showcasing their efforts to maximize the potential of their flagship project located in Mexico’s Sinaloa region.

The newly submitted report includes an updated mineral resource estimate, which is encapsulated within the technical framework established by the National Instrument 43-101, known for its stringent standards for mineral exploration reporting. The effective date of this report is noted as September 9, 2024, and it has been meticulously prepared by a credible team of professionals from SGS Geological Services and Ausenco Engineering, highlighting the company’s commitment to transparency and accuracy.

Key Insights from the Report

The report has been critically reviewed by various qualified professionals, including Dr. Allan Armitage and Mr. Ben Eggers, who guarantee the integrity of the provided information. The comprehensive insights offered in the report underline the potential growth of the Panuco site. As a result of strategic exploration and development, Vizsla aims to emerge as a leading figure in the silver mining industry.
The technical report can be conveniently accessed through the company's profile on SEDAR+ and on their official website, allowing stakeholders and interested parties to stay informed about the latest advancements in the project.

About Vizsla Silver

Headquartered in Vancouver, British Columbia, Vizsla Silver is laser-focused on advancing the Panuco silver-gold project, of which the company proudly holds 100% ownership. The company's efforts have culminated in a robust Preliminary Economic Study that emphasizes the project's significant potential. Released in July 2024, the study highlighted an annual production forecast of 15.2 million ounces of silver equivalent over an initial mine life spanning 10.6 years, solidifying the project's attractiveness to investors with its favorable net present value and internal rate of return figures.

Despite the challenges posed by fluctuating metal prices and the ongoing impacts of the COVID-19 pandemic, Vizsla Silver remains committed to pursuing its development goals. The company believes in a dual-track development approach; alongside advancing the mine's development, it continues to seek district-scale exploration opportunities, aiming to capitalize on cost-effective methodologies.

Looking Ahead

Vizsla Silver's forward-looking statements highlight an optimistic perspective regarding the company's exploration, development, and production plans at Panuco. There is a focus on ongoing resource upgrade efforts and the desire to investigate high-priority targets throughout the district. Management is keenly aware of the myriad of challenges that lie ahead but stands firm in its belief that strategic, informed decisions will guide the company to success.

In conclusion, the updated technical report presents a promising glimpse into the future of Vizsla Silver Corp. and its Panuco project. Investors and stakeholders can anticipate further developments as the company strives to tap into the abundant mineral wealth the site offers, positioning itself as a formidable player in the silver mining sector.