Vizsla Silver (VZLA)

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Vizsla Royalties Highlights Vizsla Silver's Third Annual Sustainability Report
Newsfile· 2025-10-06 12:00
Vancouver, British Columbia--(Newsfile Corp. - October 6, 2025) - Vizsla Royalties Corp. (TSXV: VROY) (OTCQB: VROYF) ("Vizsla Royalties" or the "Company") extends its congratulations to Vizsla Silver Corp. ("Vizsla Silver") on the publication of its third annual sustainability report (the "Report"). The Report highlights Vizsla Silver's meaningful progress across environmental stewardship, social responsibility, and governance, reinforcing Vizsla Silver's commitment to building long-term value for communit ...
VIZSLA SILVER ANNOUNCES RESULTS OF ANNUAL GENERAL MEETING & AUDITOR CHANGE
Prnewswire· 2025-10-03 12:00
The Former Auditor's reports on the Company's financial statements for the two most recent fiscal years ended April 30, 2025 and April 30, 2024 did not contain any modifications or reservations and there were no reportable events as defined in National Instrument 51-102 in connection with their audits through to the date of change. NYSE: VZLAÂ Â Â Â TSX: VZLA , /PRNewswire/ - Vizsla Silver Corp. (TSX: VZLA) (NYSE: VZLA) (Frankfurt: 0G3) ("Vizsla Silver" or the "Company") is pleased to announce the results o ...
VIZSLA SILVER ANNOUNCES RELEASE OF ITS THIRD ANNUAL SUSTAINABILITY REPORT
Prnewswire· 2025-09-29 12:00
Accessibility StatementSkip Navigation NYSE:Â VZLAÂ Â Â TSX: VZLA VANCOUVER, BC, Sept. 29, 2025 /PRNewswire/ -Â Vizsla Silver Corp. (TSX: VZLA) (NYSE: VZLA) (Frankfurt: 0G3)Â ("Vizsla Silver" or the "Company") is proud to announce the release of its third annual Sustainability Report (the "Report"), which highlights the Company's continued dedication to sustainable growth and gives an overview of key initiatives and measurable achievements made in the areas of community engagement and environmental footprin ...
BMO Capital Lifts Its PT on Vizsla Silver Corp. (VZLA) to $6.00, Keeps an ‘Outperform’ Rating
Yahoo Finance· 2025-09-25 00:36
Vizsla Silver Corp. (NYSE:VZLA) is one of the 10 Best Debt Free Small Cap Stocks to Buy Now. BMO Capital Lifts Its PT on Vizsla Silver Corp. (VZLA) to $6.00, Keeps an ‘Outperform’ Rating Copyright: zimmytws / 123RF Stock Photo On September 8, 2025, BMO Capital lifted its price target on Vizsla Silver Corp. (NYSE:VZLA) from $5.00 to $6.00, keeping an ‘Outperform’ rating. This price revision follows the company’s strong recent momentum, with a 147.02% gain on a year-to-date basis. It also follows the com ...
EDUARDO LUNA APPOINTED LEAD DIRECTOR OF VIZSLA SILVER
Prnewswire· 2025-09-17 12:00
Core Viewpoint - Vizsla Silver Corp. has appointed Mr. Eduardo Luna as Lead Director of the Board, recognizing his extensive experience in the mining industry and his contributions to the company's progress towards becoming a leading silver producer [2][4]. Company Leadership - Mr. Eduardo Luna, an independent director since November 15, 2023, has been appointed as Lead Director, bringing four decades of experience in the mining sector [2][3]. - Luna has previously held significant roles in companies such as Goldcorp and Wheaton River, and has been instrumental in developing major mines in Mexico, including the San Dimas Mine [2][3]. Incentive Compensation - The company has granted 1,550,000 performance-based restricted share units (PRSUs) to officers, employees, and consultants, which will vest over three years following the announcement of the Feasibility Study for the Panuco Project [4]. Panuco Project Overview - The Panuco silver-gold project is located in southern Sinaloa, Mexico, covering 7,189.5 hectares with over 86 kilometers of vein extent and existing infrastructure [5]. - The project contains intermediate to low sulfidation epithermal silver and gold deposits, primarily associated with volcanic activity [6]. Mineral Resource Estimate - As of January 6, 2025, the Panuco Project has an estimated in-situ combined measured and indicated mineral resource of 222.4 million ounces of silver equivalent (AgEq) and an inferred resource of 138.7 million ounces AgEq [7]. Economic Highlights - A Preliminary Economic Study completed in July 2024 indicates an annual production of 15.2 million ounces AgEq over an initial mine life of 10.6 years, with an after-tax NPV at 5% of US$1.1 billion, an IRR of 86%, and a payback period of 9 months at silver and gold prices of US$26/oz and US$1,975/oz respectively [7].
Vizsla Silver (VZLA) Executes a Mandate Letter with Macquarie Bank Limited
Yahoo Finance· 2025-09-11 07:32
Core Insights - Vizsla Silver Corp. has secured a senior secured project finance facility of up to US$220 million with Macquarie Bank Limited to fund the Panuco silver-gold project in Sinaloa, Mexico [1][2] - The initial drawdown of US$25 million will provide immediate financing for early development and construction preparation [2] - The Panuco project is an emerging high-grade silver-gold discovery located near Mazatlán, Mexico [3] Financial Details - The financing arrangement includes an initial US$25 million early-drawdown tranche to support early development and working capital [2] - The total debt facility is expected to fully finance the Panuco Project through to the first silver production [2] Project Context - The Panuco silver-gold project is characterized as a high-grade discovery, indicating significant potential for valuable mineral extraction [3]
Vizsla Silver (NYSEAM:VZLA) 2025 Conference Transcript
2025-09-09 22:17
Summary of Vizsla Silver Conference Call Company Overview - **Company**: Vizsla Silver (NYSEAM: VZLA) - **Industry**: Silver mining and exploration - **Location**: Panuco District, Sinaloa, Mexico - **Vision**: To become the world's largest single-asset silver primary producer by pouring first silver in 2027 [1] Core Points and Arguments - **Valuation Gap**: Vizsla Silver aims to close the valuation gap between developers and producers, with current trading at about half of its net asset value (NAV) of approximately $2 billion [2][19] - **M&A Activity**: Recent peer mergers and acquisitions at premium valuations indicate significant re-rating potential for Vizsla as it approaches production [2] - **Production Metrics**: The company has an average life of mine production of 9 million ounces of silver, totaling 50 million ounces over the life of the mine (LOM), with an 11-year mine life as per the Preliminary Economic Assessment (PEA) [2] - **Financial Position**: Vizsla has secured a $220 million debt facility and has $200 million in cash, providing a total financing capacity of approximately $450 million against a CapEx of $224 million [4] - **Resource Estimates**: The company reports 220 million ounces of silver equivalent in measured and indicated resources at an equivalent grade of 534 grams [7][8] Development Timeline - **Current Stage**: The company is in the permitting and feasibility stage, with construction planned to start in 2026 and first silver expected by the end of 2027 [3][4] - **Feasibility Study**: A feasibility study is expected to be completed this year, which will provide detailed economic assessments [4][11] Infrastructure and Location - **Location Advantages**: The Panuco District is well-positioned with existing infrastructure, including high voltage power, water, and roads, facilitating expedited production [5][6] - **Historical Context**: The project is situated in a historically mined area, which simplifies the permitting process [14] Economic Metrics - **NPV and IRR**: The PEA indicated a $1.5 billion NPV and a triple-digit IRR, with a payback period of nine months based on long-term metal prices [9][10] - **Cost Structure**: The all-in sustaining cost (ASIC) is projected to be below $10 in the initial years, enhancing economic viability [10][11] Exploration Potential - **Land Expansion**: Since early 2019, Vizsla has quadrupled its land package, adding over 40,000 hectares in the underexplored Western Mexico Silver Belt [5][15] - **New Discoveries**: The company has made new discoveries, such as the Animus discovery, and plans to expand drilling in high-priority targets [16][18] Key Catalysts - **Bulk Sample Test Mine**: The ongoing bulk sample test mine at Copala is expected to de-risk the startup of the mine and is a significant catalyst for the company [18] - **Exploration Upside**: Vizsla emphasizes its immense exploration upside, with ongoing low-cost exploration efforts that could lead to significant discoveries [19] Conclusion - **Investment Thesis**: Vizsla Silver is positioned as an advanced developer with a strong financial foundation, a fast track to production, and significant exploration potential, making it an attractive investment opportunity [19]
Vizsla Silver (VZLA) - 2025 Q1 - Quarterly Report
2025-09-08 20:30
Management's Discussion and Analysis FOR THE THREE MONTH ENDED JULY 31, 2025 Management Discussion and Analysis For the three months ended July 31, 2025 (All amounts are presented in CAD) TABLE OF CONTENTS | 1. Introduction | 3 | | --- | --- | | 2. Description of business | 3 | | 3. Highlights | 4 | | 4. Environmental, Social, and Governance | 5 | | 5. Operating performance | 5 | | 6. Financial performance | 17 | | 7. Review Quarterly Results | 18 | | 8. Liquidity and Capital position | 19 | | 9. Use of pro ...
Vizsla Silver Enters US$220M Project Finance Mandate with Macquarie to Fund Development of the Panuco Project
Prnewswire· 2025-09-05 07:15
Core Viewpoint - Vizsla Silver Corp. has secured a mandate letter with Macquarie Bank for a senior secured project finance facility of up to US$220 million to fund the Panuco silver-gold project in Sinaloa, Mexico [1][4]. Financing Details - The facility will be arranged by a syndicate of banks, with Macquarie holding a 70% interest and managing the remaining 30% [2]. - An initial US$25 million early-drawdown tranche may be accessed for early development and working capital, with the remaining funds contingent on customary conditions [3]. - The expected interest cost for the facility is approximately 10% during construction and below 10% post-completion, with a margin of 5.75% and 5.25% respectively [3]. Project Development - The Panuco project is a high-grade silver-gold discovery covering 7,189.5 hectares, with significant existing infrastructure [8]. - The project has an estimated in-situ combined measured and indicated mineral resource of 222.4 million ounces of silver equivalent (AgEq) and an inferred resource of 138.7 million ounces AgEq [10]. - A Preliminary Economic Study indicates an annual production of 15.2 million ounces AgEq over an initial mine life of 10.6 years, with an after-tax NPV of US$1.1 billion and an 86% IRR [11]. Strategic Partnerships - The partnership with Macquarie is seen as a significant step towards de-risking the Panuco project and facilitating its transition into production [4]. - The selection of Macquarie was based on competitive terms and alignment with the project's development timeline [4]. Operational Progress - The Morgan test mine is providing evidence of the technical capabilities and operational discipline of the Vizsla team, validating key assumptions for the feasibility study [5]. - The company is on schedule with key de-risking milestones, positioning itself for a seamless transition into construction [4].
Vizsla Silver Enters US$220M Project Finance Mandate with Macquarie to Fund Development of the Panuco Project
Prnewswire· 2025-09-05 07:15
Core Viewpoint - Vizsla Silver Corp. has secured a senior secured project finance facility of up to US$220 million with Macquarie Bank to fund the construction and development of the Panuco silver-gold project in Sinaloa, Mexico [1][4]. Financing Details - The facility will be arranged by a syndicate of banks, with Macquarie holding a 70% interest and managing the remaining 30% [2]. - An initial US$25 million early-drawdown tranche will be available for immediate funding, with the remaining balance contingent on customary conditions [3]. - The expected interest cost during construction is approximately 10%, with a margin of 5.75%, and below 10% post-completion with a margin of 5.25% [3]. Project Overview - The Panuco project is a high-grade silver-gold discovery covering 7,189.5 hectares, with over 86 kilometers of vein extent and existing infrastructure [8]. - The project has an updated mineral resource estimate of 222.4 million ounces of silver equivalent (AgEq) in measured and indicated resources, and 138.7 million ounces AgEq in inferred resources [10]. Company Strategy - Vizsla aims to become a leading silver company by advancing the Panuco project while continuing district-scale exploration [11]. - The company has received significant interest from multiple banks and alternative lenders, ultimately selecting Macquarie for its attractive cost of capital and alignment with the project timeline [4]. Development Progress - The Morgan test mine is providing evidence of the company's technical capabilities and operational discipline, validating assumptions for the feasibility study [5]. - The closing of the financing facility is targeted for Q1 2026, aligning with the broader project development schedule [6].