Vizsla Silver (US:VZLA) Prnewswire·2026-01-20 11:00Core 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].