Vizsla Silver Wraps Up 2025 Achievements and Sets Ambitious Goals for 2026
On January 20, 2026, Vizsla Silver Corp. (TSX: VZLA, NYSE: VZLA, Frankfurt: 0G3) proudly announced its year-end summary and outlook for the new year, reflecting on a transformative 2025 at its flagship Panuco silver-gold property located in Sinaloa, Mexico. With ambitious plans for 2026, the company is poised for further growth following significant advancements last year.
2025 Milestones
2025 proved to be a significant year for Vizsla Silver. The company adopted a dual strategy, focusing on advancing the project while maintaining exploration activities aimed at discovering new mineralization centers. According to President and CEO Michael Konnert, this dual approach led to impressive results, underscored by an updated mineral resource estimate at the beginning of the year, which revealed a 43% increase in measured and indicated resources at a higher grade profile.
In November 2025, the company published a groundbreaking Feasibility Study, predicting over 20 million ounces of silver equivalent production annually for the first five years, with a projected after-tax NPV of $1.8 billion and a remarkable 111% IRR. These figures reflect conservative assumptions based on prevailing market conditions, as Vizsla anticipates positive shifts in metal prices.
The progress made in the test mine program, which advanced to the 460 level, was vital, providing essential data supporting mine development and opening opportunities for underground drilling targeting over 25 million ounces of inferred mineralization.
Exploration efforts were equally noteworthy, resulting in substantial discoveries, including a world-class intercept of 897 g/t AgEq over 5.8 meters at the Animas target. The exploration team plans to further investigate this promising find as part of a broad 60,000-meter drilling campaign.
Financial Strength
With a cash position exceeding $450 million, Vizsla Silver is fully financed for the Panuco project. The completion of a transformative $300 million project financing facility in November marked a significant achievement, solidifying the company’s financial foundation and enabling it to move forward efficiently.
Key Objectives for 2026
As Vizsla Silver looks toward 2026, several key objectives are set to further enhance project value and shareholder returns:
- - Advance Engineering and Contractor Selection: Detailed engineering design is prioritized, alongside selecting contractors for construction and mining operations.
- - Ongoing Test Mine and Bulk Sample Program: Continuation of the development of the test mine while utilizing the bulk sampling for further metallurgical testing.
- - Underground Infill and Expansion Drilling: Supporting an updated mineral resource estimate through continued underground drilling operations.
- - District-Wide Surface Exploration Drilling: Follow-up drilling at Animas and exploration at newly acquired properties will be conducted.
- - Updated Geophysical Surveys: Completing airborne electromagnetic and magnetic surveys over the district to uncover additional targets.
- - Initial Surveys and Planning: Implementing LiDAR and geological mapping on the newly acquired Peñoles and La Garra claims.
The 2026 outlook presents a busy yet promising year filled with growth opportunities that can further solidify Vizsla Silver’s position in the silver market, following a year marked by considerable advancements.
Achievements in 2025
- - Significant Increases in Share Price: The stock price surged by 220%, while trading volume spiked by 217%, demonstrating rising investor interest.
- - Substantial Fundraising Efforts: Successfully raised $160 million in equity, which included a $115.5 million bought deal.
- - Continued Development Initiatives: Acquisition of 14,607 hectares along the San Dimas corridor and completion of numerous critical surveys to support ongoing exploration.
- - Community Engagement: Active engagement with local communities yielded health fairs, social programs, and recognition as a Socially Responsible Company for the fourth consecutive year.
In conclusion, 2025 was a year of significant milestones for Vizsla Silver, transitioning from study-driven validation to construction readiness. The company is now strategically positioned for future growth as it embarks on an ambitious 2026, focused on advancing the Panuco Project while maintaining its exploration momentum.