Vizsla Resources Announces Strengthening of Senior Management Team and Board (VZLA-TSX-V)
Vizsla Resources Announces Strengthening of
Senior Management Team and Board
(VZLA-TSX-V)
VANCOUVER, BC
,
Jan. 28, 2021
/CNW/ -
Vizsla Resources Corp.
(TSXV: VZLA) (OTCQB:
VIZSF) (
Frankfurt
: 0G3) ("
Vizsla
" or the "
Company
) is pleased to announce the promotion of
Charles Funk
to the role of Technical Director and
Martin Dupuis
to Vice President of Technical
Services and the appointment of
Hernando Rueda
as Vizsla's Country Manager.
Promotion of
Charles Funk
to Technical Director
Mr. Funk will be transitioning from Vice President of Exploration to Technical Director and as such
will join Vizsla's Board of Directors. Mr. Funk has been instrumental in leading the Company's
exploration success, building Vizsla's exploration team, setting high health and safety standards, and
is an integral part of communicating complex exploration ideas to the capital markets.
Mr. Funk is the CEO of Heliostar Metals and has previously worked as a geologist and geophysicist
for Evirm Resources, Newcrest Mining and Oxiana/OZ Minerals with a focus on business
development and early stage exploration in North and
South America
,
Australia
and
South-East Asia
.
Promotion of
Martin Dupuis
as Vice President of Technical Services
In addition, Mr. Dupuis will be promoted to Vice President of Technical Services, where he will
continue to oversee the resource definition of the
Panuco
-
Copala
project in
Mexico
("
Panuco
").
Since his arrival to Vizsla, Mr. Dupuis has been instrumental in the oversight and delivery of the
Company's recent technical developments and is leading the transition to a resource drilling focus at
Panuco
.
Mr. Dupuis has over 25 years of mine geology and exploration experience primarily in precious
metals, including 10 years in
Latin America
. Prior to joining Vizsla, Mr. Dupuis was the Director of
Geology with Pan American Silver, Technical Services Manager with
Aurico Gold
, and Chief
Geologist at several other operations.
Appointment of
Hernando Rueda
as Country Manager
Finally, the Company has appointed Mr.
Hernando Rueda
as Country Manager. Mr. Rueda was
previously with Capstone Mining, where he acted as Regional Exploration Manager in
Mexico
. Prior
to Capstone, he held several senior management roles with Agnico Eagle Mines in
Mexico
, including
Project Evaluation Manager and Exploration Manager for all operations in country. Throughout his
career, Mr. Rueda has overseen numerous significant gold and silver operations in
Mexico
and has
an in depth understanding of the technical and managerial requirements to advance Vizsla's
exploration program. Mr. Rueda is a Qualified Person as defined in the Canadian National Instrument
43-101. He has a PhD in Geology with a focus in Geochemistry and Hydrothermal Systems and has
followed managerial courses at the
Harvard Business School
.
The Company is pleased to welcome Mr. Rueda to Vizsla and looks forward to his leadership on
site. His exceptional depth of experience in managing gold and silver projects in
Mexico
will be
invaluable as the Company advances through the exploration program at
Panuco
.
Michael Konnert
, President and CEO commented: "
The Company is very pleased that Charles has
moved to a more senior role where his focus will remain the exploration strategy of Vizsla. In
addition, I would like to welcome Mr. Rueda to the Company and congratulate Mr. Dupuis on his
new appointment. These new roles help build Vizsla's leadership team as we continue to
aggressively advance the
Panuco
district from early stage discovery to our goal of becoming a
silver producer."
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.
SPECIAL NOTE REGARDING FORWARD LOOKING STATEMENTS
This news release includes certain "Forward–Looking Statements" within the meaning of the United
States Private Securities Litigation Reform Act of 1995 and "forward–looking information" under
applicable Canadian securities laws. When used in this news release, the words "anticipate",
"believe", "estimate", "expect", "target", "plan", "forecast", "may", "would", "could", "schedule" and
similar words or expressions, identify forward–looking statements or information. These forward–
looking statements or information relate to, among other things: the development of
Panuco
,
including drilling activities; future mineral exploration, development and production; and completion of
a maiden drilling program.
Forward–looking statements and forward–looking information relating to any future mineral
production, liquidity, enhanced value and capital markets profile of Vizsla, future growth potential for
Vizsla and its business, and future exploration plans are based on management's reasonable
assumptions, estimates, expectations, analyses and opinions, which are based on management's
experience and perception of trends, current conditions and expected developments, and other
factors that management believes are relevant and reasonable in the circumstances, but which may
prove to be incorrect. Assumptions have been made regarding, among other things, the price of
silver, gold and other metals; no escalation in the severity of the COVID-19 pandemic; costs of
exploration and development; the estimated costs of development of exploration projects; Vizsla's
ability to operate in a safe and effective manner and its ability to obtain financing on reasonable
terms.
These statements reflect Vizsla's respective current views with respect to future events and are
necessarily based upon a number of other assumptions and estimates that, while considered
reasonable by management, are inherently subject to significant business, economic, competitive,
political and social uncertainties and contingencies. Many factors, both known and unknown, could
cause actual results, performance or achievements to be materially different from the results,
performance or achievements that are or may be expressed or implied by such forward–looking
statements or forward-looking information and Vizsla has made assumptions and estimates based
on or related to many of these factors. Such factors include, without limitation: the Company's
dependence on one mineral project; precious metals price volatility; risks associated with the
conduct of the Company's mining activities in
Mexico
; regulatory, consent or permitting delays; risks
relating to reliance on the Company's management team and outside contractors; risks regarding
mineral resources and reserves; the Company's inability to obtain insurance to cover all risks, on a
commercially reasonable basis or at all; currency fluctuations; risks regarding the failure to generate
sufficient cash flow from operations; risks relating to project financing and equity issuances; risks
and unknowns inherent in all mining projects, including the inaccuracy of reserves and resources,
metallurgical recoveries and capital and operating costs of such projects; contests over title to
properties, particularly title to undeveloped properties; laws and regulations governing the
environment, health and safety; the ability of the communities in which the Company operates to
manage and cope with the implications of COVID-19; the economic and financial implications of
COVID-19 to the Company; operating or technical difficulties in connection with mining or
development activities; employee relations, labour unrest or unavailability; the Company's
interactions with surrounding communities and artisanal miners; the Company's ability to successfully
integrate acquired assets; the speculative nature of exploration and development, including the risks
of diminishing quantities or grades of reserves; stock market volatility; conflicts of interest among
certain directors and officers; lack of liquidity for shareholders of the Company; litigation risk; and
the factors identified under the caption "Risk Factors" in Vizsla's management discussion and
analysis. Readers are cautioned against attributing undue certainty to forward–looking statements or
forward-looking information. Although Vizsla has attempted to identify important factors that could
cause actual results to differ materially, there may be other factors that cause results not to be
anticipated, estimated or intended. Vizsla does not intend, and does not assume any obligation, to
update these forward–looking statements or forward-looking information to reflect changes in
assumptions or changes in circumstances or any other events affecting such statements or
information, other than as required by applicable law.
SOURCE
Vizsla Resources Corp.
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For further information:
and to sign-up to the mailing list, please contact: Michael Konnert,
President and Chief Executive Officer, Tel: (604) 364-2215, Email: [email protected]
CO: Vizsla Resources Corp.
CNW 09:00e 28-JAN-21