Vizsla Silver Publishes Second Annual Sustainability Report
VIZSLA SILVER PUBLISHES SECOND
ANNUAL SUSTAINABILITY REPORT
NYSE: VZLA TSX-V: VZLA
VANCOUVER, BC
,
Sept. 26, 2024
/CNW/ -
Vizsla Silver Corp.
(TSXV: VZLA) (NYSE: VZLA)
(
Frankfurt
: 0G3) ("
Vizsla
" or the "
Company
") is pleased to announce the release of its second
annual Sustainability Report (the
"Report"
), highlighting the Company's ongoing commitment to
Environmental, Social and Governance practices.
"Vizsla Silver remains committed to sustainable practices to support positive change in our
industry and beyond
," commented
Michael Konnert
, President and CEO. "
This Report is a
testament to our efforts and dedication to forge a responsible future for the environment, our
people and the communities in which we operate. This year's Sustainability Report highlights the
devotion and commitment Vizsla Silver has undertaken over the past twelve months to move our
ESG initiatives forward. I am very proud of these results and the entire Vizsla team for their
ongoing dedication to regenerative mining."
The Report provides detailed insights into Vizsla's performance and initiatives across three key
pillars of sustainability – environmental stewardship, social responsibility, and ethical governance,
including:
Environmental:
Cultivated approximately 4,000 native trees, accounting for 15 different species that will serve in
future restoration activities; and
Maintained voluntary efforts to rehabilitate two aging tailing storage facilities from legacy
operations.
Social:
Facilitated three health fairs, providing essential medical care to nearly 550 community
members; and
Invested nearly CA$100,000.00 in the local community, bringing our cumulative total investment
to over CA$400,000.00.
Governance:
Strengthen our ESG reporting framework and increased transparency by prepared the second
annual sustainability report; and
Initiated the process of updating our social impact assessment and formalizing the Social
Management Plan.
Vizsla's 2024 Sustainability Report was prepared with reference to the Global Reporting Initiative
(GRI) Standards and the Sustainability Accounting Standards Board (SASB) Metals and Mining
Sustainability Accounting Standard and represents an opportunity for stakeholders to gain a
comprehensive understanding of the Company's sustainability journey. The Report will be shared
through various communication channels, including the Company's website. To view the full 2024
Sustainability Report, please visit
www.vizslasilvercorp.ca
.
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 17,856.5-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.
On
January 8, 2024
, the Company announced an updated mineral resource estimate for
Panuco
which includes an estimated in-situ indicated mineral resource of 155.8 Moz AgEq and an in-situ
inferred resource of 169.6 Moz AgEq (please refer to our Technical Report on Updated Mineral
Resource Estimate for the Panuco Ag-Au-Pb-Zn Project, Sinaloa State,
Mexico
, by
Allan Armitage
,
Ben Eggers
and Peter Mehrfert, dated
February 12, 2024
and to our Company´s press release
dated
January 8
, 2024).
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 Silver has completed over 380,000 metres of drilling at
Panuco
leading to the discovery of several new high-grade veins. For 2024, Vizsla Silver has budgeted
+45,000 metres of resource/discovery based drilling designed to upgrade and expand the mineral
resource, as well as test other high priority targets across the district.
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.
Forward–looking statements and forward–looking information relating to any future mineral
production, liquidity, enhanced value and capital markets profile of Vizsla Silver, future growth
potential for Vizsla Silver 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; costs of exploration and development; the estimated costs of
development of exploration projects; Vizsla Silver's ability to operate in a safe and effective manner
and its ability to obtain financing on reasonable terms.
These statements reflect Vizsla Silver'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 Silver 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; 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 Silver's management discussion and
analysis. Readers are cautioned against attributing undue certainty to forward–looking statements or
forward-looking information. Although Vizsla Silver 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 Silver 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 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 08:00e 26-SEP-24