Eduardo Luna Takes the Helm as Lead Director of Vizsla Silver Corp.

Vizsla Silver Corp. recently announced the appointment of Eduardo Luna as the Lead Director of the board, a significant move as the company continues to enhance its presence in the mining sector. Luna, who joined the board as an independent director in November 2023, is well regarded within the industry, having spent four decades advancing some of Mexico's most renowned mining projects.

A Proven Leader in Mining

Chairman Craig Parry expressed enthusiasm regarding Luna's new role, highlighting his extensive experience in the mining field. Eduardo Luna is celebrated as one of Mexico's foremost mining leaders. His illustrious career includes influential positions in prominent mining companies such as Goldcorp, Wheaton River, and Primero Mining. Notably, he played a critical role in the development of the esteemed San Dimas Mine, which serves as a baseline comparison for Vizsla's Panuco Project.

Luna's insights into the industry are indispensable as Vizsla Silver strives to become a global leader in silver production. "Eduardo's leadership and expertise will significantly contribute to our strategy as we move forward with the Panuco Project," notes Parry.

The Importance of the Panuco Project

The Panuco silver-gold project, where Vizsla Silver is heavily invested, is rapidly emerging as a key player in the mining landscape. Located in southern Sinaloa, Mexico, the project spans approximately 7,189.5 hectares and boasts an impressive 86 kilometers of vein extent, alongside 35 kilometers of established underground mines and the necessary infrastructure.

This project has gained attention due to its strong mineral resource estimates. The latest data reveals an in-situ combined measured and indicated resource of 222.4 million ounces of silver equivalent (AgEq) and an inferred resource of 138.7 million ounces of AgEq. As the company continues to refine its development strategies, Luna's extensive expertise in similar geological formations is expected to guide its trajectory.

Performance-Based Incentives

In conjunction with Luna's appointment, Vizsla Silver has also introduced performance-based restricted share units (PRSUs) aimed at motivating key personnel towards achieving the project’s goals. A total of 1,550,000 PRSUs have been allocated to select officers, employees, and consultants. These units will vest over three years, commencing one year after the announcement of a feasibility study on the Panuco Project, signaling the company’s commitment to aligning incentives with project success.

Future Directions

Eduardo Luna’s position not only strengthens the board's strategic outlook but also reflects Vizsla Silver's ambition to capture a significant share of the global silver market. The company is dedicated to advancing the Panuco Project through rigorous development while also engaging in extensive exploration efforts.

This dual approach, combined with Luna's industry acumen, is aimed at maintaining the momentum toward becoming a leading silver producer.

Commitment to Excellence

As further steps are taken towards the project's development, Vizsla Silver continues to prioritize excellence in its operations. The leadership under Eduardo Luna is expected to spearhead initiatives aimed at enhancing mining practices, ensuring compliance, and fostering relationships within local communities in Mexico.

Overall, Luna's appointment as Lead Director marks a pivotal moment for Vizsla Silver as it aligns itself for future successes. The company's plans are ambitious yet grounded within the valuable insights and proven track record of its new leader. Investors and stakeholders alike will be keenly watching how Luna navigates Vizsla toward its strategic goals within the thriving silver market.

For more information about Vizsla Silver and the Panuco Project, please visit their official website at www.vizslasilvercorp.ca.