Vizsla Silver Files Feasibility Study Technical Report ON the Panuco Project
VIZSLA SILVER FILES FEASIBILITY STUDY TECHNICAL
REPORT ON THE PANUCO PROJECT
NYSE: VZLA TSX: VZLA
VANCOUVER, BC
,
Dec. 9, 2025
/CNW/ -
Vizsla Silver Corp.
(TSX: VZLA) (NYSE: VZLA) (
Frankfurt
: 0G3) ("
Vizsla
" or the
"
Company
") is pleased to announce the filing of a technical report titled, "Panuco Project – NI 43-101 Technical Report and
Feasibility Study" (the "
FS
"), with an effective date of
November 4, 2025
. The FS was completed by Ausenco Engineering Canada
ULC, supported by Mining Plus Canada Consulting Ltd. and SGS Canada Inc., in accordance with National Instrument 43-101 –
Standards of Disclosure for Mineral Projects. The results of the FS were previously announced in the Company's news release
dated
November 12, 2025
.
The FS is available under Vizsla Silver's SEDAR+ profile at
www.sedarplus.ca
,
EDGAR
or on the Company's website at
www.vizslasilvercorp.com
.
About Vizsla Silver and the Panuco Project
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
. The Company recently completed a Feasibility Study
for
Panuco
in
November 2025
which highlights 17.4 Moz AgEq of annual production over an initial 9.4-year mine life, an after-tax
NPV(5%) of
US$1.8B
, 111% IRR and a 7-month payback at
US$35.50
/oz Ag and
US$3,100
/oz Au. Vizsla Silver aims to position
itself as a leading silver company by implementing a dual track development approach at
Panuco
, advancing mine development while
continuing district scale exploration through low-cost means.
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 contains "forward-looking statements" and "forward-looking information" (together, "forward-looking statements")
within the meaning of applicable Canadian securities laws and the United States Private Securities Litigation Reform Act of 1995.
Forward-looking statements relate to future events or performance and reflect management's expectations or beliefs regarding
future events, plans, and objectives.
Forward-looking statements in this release include, but are not limited to, statements regarding: the potential development of the
Panuco Project; the results, interpretation and economic projections of the Feasibility Study, including estimated capital and
operating costs, mine life, throughput rates, recoveries, production rates, payback period, AISC, NPV and IRR; the timing, scope
and cost of planned exploration, development, permitting and construction activities; the expected timing for submission and approval
of environmental permits; expectations regarding project financing and future funding requirements; the anticipated timing of any
construction decision, start of production, or achievement of commercial production; the Company's plans to pursue additional
exploration, infill drilling, resource expansion, or optimization studies; the potential to upgrade Inferred Resources to Indicated or
Measured categories; potential mine life extensions; future metal prices and exchange rates; and other statements regarding
management's plans, strategies, and future operations.
Forward-looking statements are based on a number of assumptions believed to be reasonable by the Company as of the date of this
release, including, without limitation: the accuracy of the Feasibility Study parameters; the availability of financing on acceptable
terms; that required permits and approvals will be obtained in the expected timeframe; continued community and government
support; stability in market, political and economic conditions; reasonable accuracy of operating and capital cost estimates; and
continued favourable metal prices and exchange rates.
Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause actual results
to differ materially. Such risks include, but are not limited to: exploration, development and operating risks; permitting, environmental
and regulatory risks; community relations and social licence risks; commodity price and currency fluctuations; inflation and cost
escalation; financing and liquidity risks; reliance on contractors and suppliers; title and surface rights risks; changes in project
parameters; inaccuracies in technical or economic modelling; the risk that the Feasibility Study assumptions prove inaccurate; and
other risks described in the Company's continuous disclosure filings available under its profile on SEDAR+ at
www.sedarplus.ca
.
There can be no assurance that the Panuco Project will be placed into production or that the results of the Feasibility Study will be
realized. The purpose of the forward-looking statements is to provide information about management's current expectations and
plans and may not be appropriate for other purposes. Readers are cautioned not to place undue reliance on forward-looking
statements, which speak only as of the date of this release. Except as required by applicable law, the Company undertakes no
obligation to update or revise any forward-looking statements contained herein.
No Production Decision: The Company has not made a production decision for the Panuco Project. A decision to proceed with
construction will only be made following the completion and review of detailed engineering, financing arrangements, and receipt of all
required permits and approvals
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SOURCE
Vizsla Silver Corp.
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For further information:
Contact Information: For more 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], Website: www.vizslasilvercorp.ca
CO: Vizsla Silver Corp.
CNW 08:01e 09-DEC-25