Vizsla Silver - Mexico's Next World-Class Silver Asset

Vizsla Silver: Transforming the Mining Landscape with Strategic Growth

Vizsla Silver has solidified its position as a leader in the silver mining industry through its innovative exploration strategies, steadfast commitment to sustainability, and strategic vision for the future. Michael Konnert, Founder, President, and CEO of Vizsla Silver, shares insights into the company's current operations, challenges, and growth trajectory.

Resilience Amidst Political & Economic Challenges

Operating in Mexico’s Durango and Sinaloa regions, Vizsla Silver has demonstrated resilience in navigating political and security challenges. Despite issues like disruptions and increasing tariffs on Mexican exports, the company has maintained operational stability. Michael Konnert emphasises the importance of Vizsla’s experienced local team:

"We've been operating here in Mexico for five years now and you know, our team has a ton of experience in country. Our core Mexican team are mostly locals to the area that we're operating in. So Durango and Sinaloa. So, I think we have a very good understanding and handle of what it takes to run a business here in Sinaloa and Mexico right now. And last week I went to Mexico City, I met with the Undersecretary of Economy and his team and the message from the new government, the new administration was overwhelmingly positive."

The Panuco project benefits from its location within the "Mazatlán tourist bubble," which ensures safety and accessibility. Konnert also noted a positive shift in government collaboration under Mexico’s new administration, providing a conducive environment for growth.

Panuco Silver Project: A Transformational Asset

The flagship Panuco Silver project continues to exceed expectations, with recent infill drill results demonstrating exceptional grades. Assays revealed over 5,000 grams per tonne of silver equivalent over 2.5 meters, underscoring the project’s rich mineral potential. Konnert remarks:

“The core area at Copala is exceptionally rich, with thick, mineable structures that offer tremendous potential.”

Vizsla has also launched drilling campaigns in other parts of the district, such as the Animus Vein Corridor and San Dimas, to identify additional centers of mineralization. This expansion effort aligns with the company’s vision of developing multiple production hubs within the district.

On Track for First Silver Production by 2027

Vizsla Silver is steadfast in its goal of achieving first silver production by 2027. A feasibility study is currently underway, with progress on schedule. The company’s seasoned leadership team, including COO Simon Smirlik, brings extensive expertise to the table. Smirlik’s remarkable track record of building 42 mines worldwide positions Vizsla for successful execution of its production strategy.

“We’re on track, and this is an exciting time for Vizsla."

Strategic Acquisitions & Regional Expansion

The acquisition of the La Garra-Metates District highlights Vizsla Silver’s long-term vision of creating a multi-generational mining company. Located near the world-renowned San Dimas mine, the Lagara District shares geological similarities with Panuco. Konnert outlines the company’s broader strategy:

“We view Sinaloa as a region with immense untapped potential. Panuco is just the beginning of our multi-generational mining concept.”

Although exploration at La Garra-Metates may not commence until 2025, it fits seamlessly into Vizsla’s strategy to reinvest cash flows from Panuco into future development opportunities.

Commitment to ESG & Community Relations

Vizsla Silver has received national recognition for its health, safety, and sustainability efforts for three consecutive years. The Socially Responsible Company Distinction (ESR) distinction reflects the company’s proactive approach to environmental, social, and governance (ESG) responsibilities.

Community initiatives, such as health fairs and partnerships with local organizations, underscore Vizsla’s dedication to positively impacting the regions where it operates. “Our core value is the golden rule: treat others as you would like to be treated,” Konnert said, highlighting the ethos behind Vizsla’s community engagement.

Financial Health & Institutional Support

Vizsla Silver has successfully attracted significant institutional interest while maintaining strong support from retail investors. The company’s September financing round brought in approximately 20 new institutional investors, further diversifying its shareholder base. Recent listings on the TSX and NYSE have enhanced Vizsla’s accessibility to global investors. Konnert explains:

“We aim to be the go-to name for silver production, and these listings are critical steps toward achieving that goal.”

Looking Ahead: Key Milestones

As the year progresses, Vizsla Silver is poised for a series of transformative developments:

• A resource update and the commencement of a test mine by the end of the year.
• Continued exploration results from across the Panuco district.
• Progress on the feasibility study and permitting processes.
• Strategic preparation for first silver production in 2027.

Conclusion

Vizsla Silver’s strategic vision, exceptional leadership, and commitment to sustainable operations position the company as a rising star in the mining industry. With its flagship Panuco Silver project and long-term plans for regional development, Vizsla is not just a mining company—it is a driving force shaping the future of silver production. As Konnert succinctly puts it:

“Vizsla is truly a multi-bagger opportunity, and the next few years will be transformational.”