Vizsla Silver Awards Key Contracts for Panuco Project, Shares Surge Over 60%

Vizsla Silver Corp. (TSX: VZLA) (NYSE: VZLA) (Frankfurt: 0G3) has awarded key contracts supporting development of its Panuco silver-gold project in Mexico, according to reporting by Abdul Rahman for Insider Monkey. The company selected M3 Engineering for engineering, procurement and construction management services and Mining Plus for mine design and development work tied to the project’s pre-production phase.

Vizsla Silver said the appointments mark another milestone in advancing the Panuco project, which a November 2025 feasibility study projected could produce an average of 17.4 million ounces of silver equivalent annually over at least nine years. Shares of the company have climbed more than 60% over the past year as investors continue to monitor progress at the high-grade silver and gold asset in Sinaloa, Mexico.

The feasibility study outlines an after-tax net present value (5%) of US$1.8 billion, a 111% internal rate of return, and a 7-month payback at base case prices of US$35.50 per ounce silver and US$3,100 per ounce gold. Vizsla Silver is concurrently advancing mine development and district-scale exploration with the objective of becoming a leading primary silver producer.

For more information regarding the company, please visit https://vizslasilvercorp.com/.

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