Vizsla Silver Appoints Senior Vice President, Technical Services to Lead Panuco Development Buildout

Vizsla Silver has appointed Dave D'Antonio as Senior Vice President of Technical Services, effective immediately. Mr. D'Antonio brings more than 18 years of international mining experience building and leading high-performance technical teams at large-scale underground gold and base metal operations. Mr. D'Antonio will lead the buildout of Vizsla Silver's technical services function, encompassing all aspects of mine production, processing, and infrastructure operations. The appointment reflects the company's commitment to assembling the technical expertise required to execute on an accelerated development timeline for the Panuco silver-gold project in western Mexico. Concurrent with the appointment, Vizsla Silver granted 3,908,000 stock options at an exercise price of $5.16, 1,849,000 restricted share units (RSUs), and 300,000 deferred share units (DSUs) to directors, officers, employees, and consultants.

Company Overview

Vizsla Silver Corp. (TSX: VZLA | NYSE: VZLA) is a Canadian development company advancing Panuco, its 100%-owned silver-gold project in Sinaloa, Mexico. The November 2025 Feasibility Study outlines 17.4 million ounces (Moz) silver equivalent annual production over an initial 9.4-year mine life, an after-tax net present value at 5% discount rate (NPV5%) of US$1.8 billion, a 111% internal rate of return (IRR), and a seven-month payback at US$35.50 per ounce silver and US$3,100 per ounce gold. Vizsla Silver is concurrently advancing mine development and district-scale exploration to become a leading primary silver producer.

Technical Leadership Appointment to Support Panuco Development

Dave D'Antonio has been appointed to the newly created position of Senior Vice President of Technical Services at Vizsla Silver, effective immediately. The appointment comes as Vizsla Silver moves to rapidly advance the flagship Panuco silver-gold project in western Mexico toward production.

Mr. D'Antonio brings more than 18 years of international mining experience to the role. His background includes building and leading high-performance technical teams at large-scale underground gold and base metal operations. The appointment strengthens Vizsla Silver's technical leadership and reflects the company's commitment to assembling the calibre of expertise required to execute on an accelerated development timeline.

President and Chief Executive Officer of Vizsla Silver, Michael Konnert, stated: 

"The appointment of Dave marks an important milestone as we advance our Panuco project toward production."

He added:

"Dave's track record of building and leading large, high-performing technical teams at world-class operations makes him uniquely suited to help us execute on our development objectives. We look forward to the depth of expertise and leadership he brings to the team."

Technical Services Leadership & Professional Background

Mr. D'Antonio will lead the buildout of Vizsla Silver's technical services function, encompassing all aspects of mine production, processing, and infrastructure operations at the Panuco project. 

Most recently, he served as Head of Mine Technical Services at K92 Mining's Kainantu Mine in Papua New Guinea, where he led a multidisciplinary technical services team of more than 100 professionals responsible for mine planning, production, geology, geotechnical engineering, hydrology, ventilation, and survey across one of the fastest-growing underground gold operations in the world. Before K92 Mining, he held senior technical and corporate roles with Oceana Gold, including Principal Mining Engineer at the corporate level and Engineering Superintendent at the Didipio Mine in the Philippines, where he played a key role in the successful transition from open pit to a 1.6 million tonnes per annum long-hole stoping underground operation.

His qualifications include a Bachelor of Science in Mining Engineering from Queen's University and an Executive MBA from the Rotman School of Management at the University of Toronto. He is a P.Eng. registered in Ontario and a Qualified Person as defined by National Instrument 43-101.

Equity Incentive Grants

Pursuant to Vizsla Silver's Omnibus Equity Incentive Compensation Plan, the company has granted 3,908,000 stock options at an exercise price of $5.16, 1,849,000 restricted share units (RSUs), and 300,000 deferred share units (DSUs) to directors, officers, employees, and consultants.

The stock options are exercisable for 5 years and will vest over the next 2 years. The RSUs will vest in three equal annual instalments commencing on the first anniversary of the grant date. The DSUs vest immediately and will be exchanged for one common share of Vizsla Silver upon the time that the optionee ceases to hold their position as an independent director.

Next Steps

Vizsla Silver is concurrently advancing mine development and district-scale exploration at the Panuco project to become a leading primary silver producer. The company has not made a production decision for the Panuco project. A decision to proceed with construction will be made only after the completion and review of detailed engineering and financing arrangements, and receipt of all required permits and approvals.