Vizsla Silver - Temporary Fieldwork Pause, New High-Grade Silver Discovery, and Test Mining Update
Mike Konnert, President and CEO of Vizsla Silver (NYSE:VZLA & TSX:VZLA), joins me to address the temporary pause in field operations at the Panuco Project in Mexico due to security concerns unrelated to the project itself. Despite the pause, key project components, including test mining and exploration drilling remain on track.
Key Discussion Highlights:
- Temporary Fieldwork Pause:
On April 4th, Vizsla Silver announced a brief suspension of on-site work due to regional road security issues. The decision was made out of an abundance of caution. Operations are expected to resume shortly.. - New Discovery at La Pipa Target:
A high-grade silver drill result, hole AM-25-90, was reported at the La Pipa target - 6km northeast of the Copala resource area. - Exploration Continues Across Multiple Targets:
Drilling across several priority areas, including historic workings at Animas and San Dimas, are all part of the +10,000 meter program planned for this year. Ground EM surveys and additional data interpretation are underway during the pause. - Test Mining Update:
Underground development is well underway at the Copala vein with over 30m of box cut completed and underground blasting in progress. The test mine is a crucial de-risking step ahead of mill development and full-scale production. - Market Volatility and Financial Strength:
Vizsla remains fully funded with US$100 million in cash and no debt.
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.
