Core Viewpoint - Vizsla Silver Corp. has made significant advancements in its Panuco silver-gold project in 2025, achieving construction readiness and preparing for further development in 2026, with a focus on enhancing project value and exploration efforts [2][4][11]. 2025 Highlights - The Panuco project expanded by 14,607 hectares in 2025, with a 43% increase in measured and indicated resources at a higher grade profile [2][4]. - An industry-leading Feasibility Study was published in November, indicating over 20 million ounces of annual silver equivalent production in the first five years and 17.4 million ounces annually over a 9.4-year mine life, with an after-tax NPV (5%) of US$1.8 billion and a 111% IRR [2][6][19]. - The company ended 2025 with over US$450 million in cash, fully financing the Panuco project, and announced a US$300 million project financing facility [7][13]. Key Objectives for 2026 - The company aims to continue derisking and enhancing project value, focusing on detailed engineering, underground drilling, and geophysical surveys [11][12]. - A budget of approximately 60,000 meters of diamond drilling is planned for 2026, including underground and surface exploration drilling [12][16]. - The company will also conduct initial LiDAR surveys and geological mapping on newly acquired claims to support future drill targeting [16][22]. Other Notable Achievements in 2025 - The share price increased by 220% from US$1.71 to US$5.47, with a 217% increase in average daily trading volume [13]. - The company completed extensive drilling totaling around 21,000 meters, focusing on geotechnical drilling and resource expansion [9][10]. - Vizsla Silver's Mexican subsidiary received the Socially Responsible Company Distinction for the fourth consecutive year [13].

Core Viewpoint - Vizsla Silver Corp. has reported positive results from its geotechnical drill campaign at the Copala resource area of its Panuco silver-gold project in Mexico, indicating high-grade continuity and supporting mine development studies [3][6]. Group 1: Drill Results - The recent geotechnical drill campaign included 11 holes targeting the Copala resource area, with significant grades reported, including 1,800 grams per tonne (g/t) silver equivalent (AgEq) over 3.80 meters true width [5][6]. - Notable drill results include DDH-CAP-008B returning 1,800 g/t AgEq, DDH-CAP-003A returning 840 g/t AgEq over 6.50 meters, and DDH-CAP-007B returning 424 g/t AgEq over 8.90 meters [5][6][8]. - The Copala structure currently hosts Measured Resources of 41.4 million ounces (Moz) AgEq at 684 g/t, Indicated Resources of 82.8 Moz AgEq at 600 g/t, and Inferred Resources of 35.5 Moz AgEq at 476 g/t [3][4]. Group 2: Project Development - The Copala structure has been traced for approximately 1,770 meters of strike length and 400 meters down dip, with ongoing underground drilling planned to upgrade resources [4][6]. - Vizsla Silver has commenced a fully funded and permitted test mine and bulk sample program at Copala, focusing on developing an underground ramp and ore extraction [7]. - The company plans to conduct an aggressive infill drilling campaign exceeding 13,000 meters to upgrade additional resources into the Indicated and Measured categories [7]. Group 3: Feasibility Study Insights - The recently completed Feasibility Study for the Panuco project highlights an annual production of 17.4 Moz AgEq over an initial mine life of 9.4 years, with an after-tax NPV(5%) of US$1.8 billion and an IRR of 111% [14]. - The study indicates a 7-month payback period at metal prices of US$35.50 per ounce for silver and US$3,100 per ounce for gold [14].

Core Insights - The article emphasizes a versatile investment strategy suitable for various investor profiles, including dividend investors, value seekers, and those looking for growth opportunities [1] Summary by Categories Investment Strategy - The investment strategy described is adaptable, catering to different types of investors, whether they focus on dividends, value propositions, or growth opportunities [1]

Group 1: Company Performance - Vizsla Silver Corp. (NYSEAmerican:VZLA) was one of the best performers last week, with a week-on-week increase of 10.24% as investors favored mining firms following a surge in silver prices [1] - The company is expected to benefit from lower interest rates, which have been cut three times this year by the Federal Reserve, with expectations for two more cuts in upcoming meetings [3] Group 2: Market Conditions - On a single day, spot prices of silver rose by 10.30% to reach a new high of $79.27, driven by a shift of investor funds towards safer assets [2] - The anticipated interest rate cuts are expected to weaken the US dollar, making silver and gold more affordable for foreign investors [3] Group 3: Acquisition News - Vizsla Silver Corp. announced plans to acquire a 2,378-hectare land with mineralization potential from Minera Fresnillo SA de CV, which is a subsidiary of Fresnillo PLC [4] - The acquisition will be financed through a combination of $2 million in cash and the issuance of $4 million worth of shares [5]

Core Viewpoint - Vizsla Silver Corp. is focused on the exploration and development of silver and gold properties, particularly the Panuco silver-gold project in Mexico, aiming to enhance its market position in the precious metals sector [1] Analyst Price Targets - Matthew O'Keefe from Cantor Fitzgerald has set a bullish price target of $7 for VZLA, indicating a potential increase of approximately 21.42% from its current price of $5.765 [2][6] - Roth Capital has also raised its target price for Vizsla Silver to $7.00 while maintaining a "buy" rating [2][6] - The average 12-month price target among analysts is $5.13, reflecting a more conservative outlook compared to the bullish targets [3][6] Stock Performance - As of the latest trading session, Vizsla Silver's stock opened at $5.19, showing a 0.8% increase, and is currently priced at $5.79, reflecting an increase of 7.73% with a change of $0.42 [4] - The stock has fluctuated between a low of $5.46 and a high of $5.82 during the trading session, marking its highest price for the year [4] - Over the past year, VZLA has experienced a low of $1.67 and a high of $5, with a current market capitalization of approximately $1.99 billion [5]

Core Viewpoint - Vizsla Silver Corp. is focused on the exploration and development of high-grade silver and gold resources in Mexico, aiming to strengthen its market position in the precious metals sector [1] Group 1: Company Overview - Vizsla Silver operates primarily in Mexico, concentrating on high-grade silver and gold projects [1] - The company has a market capitalization of approximately $1.98 billion, indicating a significant presence in the market [5] Group 2: Analyst Ratings and Price Targets - Cantor Fitzgerald initiated coverage on Vizsla Silver with a "Buy" rating at a stock price of $5.74, aligning with an average recommendation of "Buy" from six brokerages [2] - The average 12-month price target set by analysts is $5.13, while Roth Capital increased their target from $6.00 to $7.00, maintaining a "buy" rating [3] Group 3: Stock Performance - As of the latest trading session, Vizsla Silver's stock opened at $5.19 and is currently priced at $5.77, reflecting a 7.46% increase [4] - The stock has fluctuated between a low of $1.67 and a high of $5.77 over the past year, showcasing its growth trajectory [5]

Core Viewpoint - Vizsla Silver Corp. has entered into an agreement to acquire ten mining claims from Fresnillo, enhancing its exploration potential in the Panuco – San Dimas corridor, which is known for its silver and gold resources [1][2]. Acquisition Details - The acquisition involves ten claims covering 2,378 hectares, with seven strategic claims adjacent to the Panuco project, totaling 1,734 hectares [1][3]. - The company will pay US$2,000,000 and issue 854,697 common shares as part of the acquisition agreement [7][8]. Strategic Importance - The strategic claims are located along a trend of known mineralized structures and are expected to provide high-priority exploration targets, potentially increasing the overall resource base and improving mine economics [2][4]. - The claims are situated in a region with estimated historic production of 1.2 billion ounces of silver and 15 million ounces of gold [3]. Geological Context - The main lithologies in the strategic claims include favorable andesite lavas and tuffs, with potential vein systems extending into the claims from the Panuco project [4]. - Ongoing LiDAR surveys and regional mapping are planned to identify areas of known mineralization within the strategic claims [5]. Company Overview - Vizsla Silver is focused on advancing its flagship Panuco silver-gold project in Sinaloa, Mexico, which recently completed a feasibility study indicating significant production potential and strong economic metrics [10].

Financial Performance - Net loss for the six months ended October 31, 2025, was CAD 5.17 million, a decrease from a net income of CAD 2.54 million for the same period in 2024[3] - The company reported a comprehensive income of CAD 16.71 million for the six months ended October 31, 2025, compared to a comprehensive loss of CAD 29.10 million in the same period of 2024[4] - The company experienced a foreign exchange gain of CAD 5.09 million for the six months ended October 31, 2025, compared to a loss of CAD 0.60 million in 2024[3] Assets and Liabilities - Total assets increased to CAD 621.85 million as of October 31, 2025, up from CAD 414.94 million as of April 30, 2025, representing a 49.9% growth[2] - Total current liabilities increased to CAD 9.00 million as of October 31, 2025, from CAD 4.79 million as of April 30, 2025, indicating an 88.5% rise[2] - Non-current assets in Mexico increased to $304,569,352 as of October 31, 2025, from $244,029,642 on April 30, 2025, representing a growth of approximately 24.8%[78] Cash and Cash Equivalents - Cash and cash equivalents rose to CAD 194.48 million, compared to CAD 132.62 million at the end of April 2025, marking a 46.7% increase[4] - As of October 31, 2025, the company had cash and cash equivalents of $194,479,320 to settle liabilities of $9,004,197, indicating strong liquidity[67] - The average interest rate earned on cash and cash equivalents was 1.70% for the six months ended October 31, 2025, compared to 0.93% in 2024[72] Share Capital and Equity - Share capital increased to CAD 593.01 million as of October 31, 2025, from CAD 421.29 million as of April 30, 2025, reflecting a 40.7% increase[2] - The weighted average number of common shares increased to 329,822,475 for the six months ended October 31, 2025, compared to 247,111,144 for the same period in 2024[3] - The Company issued 345,846,079 common shares as of October 31, 2025, an increase from 298,374,460 shares as of April 30, 2025[41] Expenses - Exploration and evaluation expenses for the six months ended October 31, 2025, totaled CAD 24,131, while general and administrative expenses increased to CAD 11.43 million from CAD 3.95 million in 2024[3] - The Company has incurred $2,354,773 in compensation to officers and directors during the six months ended October 31, 2025[38] - The company has incurred $896,497 in salary, consulting fees, and management fees to its officers during the six months ended October 31, 2025[43] Investments and Acquisitions - The company completed the acquisition of Goanna Resources for total cash payments of $4,134,621 (US$3,075,000) and 5,555,555 common shares[25] - The acquisition of the Santa Fe Project involved issuing 2,746,780 common shares valued at $10,816,100, to be fulfilled over 36 months[31] - The investment in Vizsla Royalties Corp. increased to $11,896,290 as of October 31, 2025, reflecting a share of loss of $2,547,301 and a deemed disposal gain of $7,038,994[21] Stock Options and Compensation - The Company has granted 2,450,000 stock options to officers and directors as of October 31, 2025[43] - The company recorded a fair value of $5,554,452 as share-based compensation for the six-month period ended October 31, 2025, compared to $5,519,054 for the same period in 2024[57] - The total number of RSUs outstanding increased from 1,360,868 to 2,671,792 during the six months ended October 31, 2025, with share-based compensation recognized for RSUs amounting to $1,760,611[58] Financing Activities - The company closed a $300 million offering of 5.00% convertible senior unsecured notes due 2031, with net proceeds of approximately $286 million after fees[82][83] - The initial conversion price of the notes is approximately $5.84 per share, representing a 25% premium to the closing price at the time of pricing[84] - The company executed a mandate for a senior secured project finance facility of up to $220 million for the Panuco silver-gold project in Mexico, but later terminated the engagement[81] Regulatory and Compliance - The company’s financial statements were prepared in accordance with IAS 34 and IFRS Accounting Standards[8] - The company did not adopt any new IFRS Accounting Standards effective for accounting periods beginning on or after May 1, 2025[11]

Core Insights - Vizsla Silver Corp. has filed a technical report titled "Panuco Project – NI 43-101 Technical Report and Feasibility Study" with an effective date of November 4, 2025, completed by Ausenco Engineering Canada ULC and supported by Mining Plus Canada Consulting Ltd. and SGS Canada Inc. [1][3] - The Feasibility Study (FS) indicates an annual production of 17.4 million ounces of silver equivalent (AgEq) over an initial mine life of 9.4 years, with an after-tax Net Present Value (NPV) of US$1.8 billion, an Internal Rate of Return (IRR) of 111%, and a payback period of 7 months at silver and gold prices of US$35.50/oz and US$3,100/oz respectively [3][10] Company Overview - Vizsla Silver is a Canadian mineral exploration and development company based in Vancouver, BC, focusing on its flagship 100%-owned Panuco silver-gold project located in Sinaloa, Mexico [3] - The company aims to position itself as a leading silver company by implementing a dual track development approach at Panuco, which includes advancing mine development while continuing district-scale exploration through cost-effective methods [3]

Core Insights - Vizsla Silver Corp. (NYSEAmerican: VZLA) experienced a significant stock increase of 25.81% week-on-week, driven by rising silver prices and positive sentiment regarding potential interest rate cuts [1][2][3] Company Overview - Vizsla Silver Corp. is a Canada-based mineral exploration and development company, primarily focused on its flagship Panuco silver-gold project located in Sinaloa, Mexico [3] Financial Developments - The company successfully raised $300 million through the issuance of convertible senior notes due in 2031, with a yield rate of 5%. Noteholders can convert $1,000 worth of notes into 171.3062 common shares, translating to an initial conversion price of $5.84 per share [4]