Core Insights - Vizsla Royalties Corp. congratulates Vizsla Silver Corp. on the publication of its third annual sustainability report, which emphasizes the company's commitment to environmental stewardship, social responsibility, and governance in Mexico [1][2] Environmental Stewardship - The sustainability report highlights efforts to rehabilitate two aging tailing storage facilities and the cultivation of approximately 5,000 native trees across 19 different species for future restoration activities [7] - The company has strengthened its environmental, social, and governance (ESG) reporting framework and updated its ESG goals [7] Social Responsibility - Vizsla Silver has partnered with the Venados de Mazatlán baseball team to create positive community impacts through well-being initiatives [7] - The company invested US$205,300 in community well-being, bringing the cumulative total investment to over US$600,000 [7] Governance - The report was prepared in accordance with the IFRS Foundation International Sustainability Standards Board (ISSB) SASB Metals and Mining Standard, providing stakeholders with a comprehensive understanding of the company's sustainability journey [2] - The company has initiated the process of updating its Social Impact Assessment [7] Company Overview - Vizsla Royalties Corp. is focused on precious metals and holds a Net Smelter Return Royalty on Vizsla Silver Corp.'s flagship Panuco Project in Mexico, which is advancing towards production [4] - A Preliminary Economic Study for the Panuco Project indicates an annual production of 15.2 million ounces of silver equivalent over an initial mine life of 10.6 years, with an after-tax NPV5% of US$1.1 billion, an 86% IRR, and a 9-month payback at US$26 per ounce of silver and US$1,975 per ounce of gold [4]
Vizsla Royalties Highlights Vizsla Silver's Third Annual Sustainability Report