Vizsla Silver Corp. is pleased to announce it has achieved a safety milestone exceeding one million consecutive work hours without a lost time incident at its 100%-owned flagship Panuco silver-gold project (“Panuco”) in Mexico.
“Our safety record and ongoing environmental performance demonstrates the Company’s commitment to responsibly and positively impacting the communities where we operate,” stated Michael Konnert, President and CEO. “The safety of all employees and contractors working at Panuco is a core value for the Company and is paramount to running a successful project. This, combined with the commitment and effort of all workers to ensure all work is performed in the safest manner, has made this achievement possible.”
“I am extremely proud of all employees and contractors working at the Panuco project,” commented Hernando Rueda, Country Manager. “Since the start of our work at Panuco in 2019, the Company has prioritized developing a safety culture, where all employees work together to facilitate a safe working environment. This milestone achievement of one million working hours without a lost time incident is a testament to the employees’ commitment to this philosophy.”
The Company would like to commend the project Health and Safety department for developing and implementing a world-class safety program at Panuco. With support at all levels of management from the site through to the board of directors, the Health and Safety department has achieved buy-in to their safety program from the workforce, partner companies, and other stakeholders on site.
About the Panuco project
The newly consolidated Panuco silver-gold project is an emerging high-grade discovery located in southern Sinaloa, Mexico, near the city of Mazatlán. The 6,761-hectare, past producing district benefits from over 86 kilometres of total vein extent, 35 kilometres of underground mines, roads, power, and permits.
The district contains intermediate to low sulfidation epithermal silver and gold deposits related to siliceous volcanism and crustal extension in the Oligocene and Miocene. Host rocks are mainly continental volcanic rocks correlated to the Tarahumara Formation.
Panuco hosts an estimated in-situ indicated mineral resource of 61.1 Moz AgEq and an in-situ inferred resource of 45.6 Moz AgEq. A NI 43-101 technical report, titled “National Instrument 43-101 Technical Report for the Panuco Project Mineral Resource Estimate Concordia, Sinaloa, Mexico” was filed on SEDAR on April 7, 2022, with an effective date of March 1, 2022 was prepared by Tim Maunula, P.Geo., Principal Geologist, T. Maunula & Associates Consulting Inc and Kevin Murray, P.Eng, Manager Process Engineering, Ausenco.
Addition of Advisor
The Company is pleased to report that Veljko Brcic has moved from SVP of Corporate Development role to the position of Corporate Development Advisor to Vizsla Silver. The Company thanks Mr. Brcic for his numerous contributions, including leading the transformative completion of both the Silverstone and Panuco option agreements for Vizsla Silver.
About Vizsla Silver
Vizsla Silver is a Canadian mineral exploration and development company headquartered in Vancouver, BC, focused on advancing its flagship, 100%-owned Panuco silver-gold project located in Sinaloa, Mexico. To date, Vizsla has completed over 210,000 metres of drilling at Panuco leading to the discovery of several new high-grade veins. For 2022, Vizsla has budgeted +120,000 metres of resource/discovery-based drilling, designed to upgrade, and expand the maiden resource as well as test other high priority targets across the district.
Qualified Person
In accordance with NI 43-101, Martin Dupuis, P.Geo., COO, is the Qualified Person for the Company and has reviewed and approved the technical and scientific content of this news release.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
