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Cover for Vizsla Silver - 2025 Exploration Plans at Panuco and New Growth Opportunities On Other Projects

Vizsla Silver - 2025 Exploration Plans at Panuco and New Growth Opportunities On Other Projects

July 30, 2025
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KEReport
By KEReport
KEReport

In this KE Report company update, I'm joined by Mike Pettingell, Senior Vice President of Business Development and Strategy at Vizsla Silver (TSX: VZLA, NYSE: VZLA), to break down the company’s expansive exploration strategy and its ambitions beyond the current Copala resource.

Key Focus: True Exploration, Resource Expansion, and the Hunt for “Project 2”

Highlights from the conversation include:

  • 2025 Drill Campaign:
    Vizsla is in the midst of a 25,000-meter exploration-focused drill program, with 8,000 meters already completed. This is not infill or extensional - this is true exploration aimed at uncovering new centers of mineralization across the broader Panuco district.

  • Project One - Resource Growth Near Copala:
    • Focus on shallow, high-grade targets near the Copala and Napoleon corridors, which could improve early cash flow in the upcoming feasibility study.
    • Drilling from underground platforms is planned to efficiently test high-potential zones.
  • Proximal and Near-Mine Targets:
    • Areas like San Peter, San Jack, and La Luisa sit within haulage distance to the proposed mill and could be fast-tracked into future mine plans if successful.
  • Project 2 - District-Scale Discovery Upside:
    • Follow-up drilling is underway at Animas (6m @ 900 g/t AgEq) and Camelia-San Dimas - targets located in the central and eastern parts of the district.
    • These areas are higher up in the system geologically and could host large, standalone systems.
  • New Greenfield Projects - Santa Fe, San Enrique, La Garra:
    • Recently acquired and historically mined, these properties are now being evaluated for new resource potential.
    • Santa Fe is the priority, with a permitted 350 tpd mill on-site. Vizsla aims to fast-track a 43-101 resource using legacy data and internal expertise.
  • Exploration Budget:
    Vizsla plans to spend ~$20 million on exploration this year, with flexibility to expand based on drill success.

If you have any follow up questions for Mike please email me at Fleck@kereport.com. 

 

Click here to visit the Vizsla website to learn more about the Company.

KEReport
KEReport
The KE Report provides exclusive interviews with private money managers and sub $10 billion market cap companies. Interviews are published daily to help investors navigate the markets.
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