Vizsla (VZLA) Climbs 10% on Silver Rush

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]