Vizsla Silver Strengthens Technical Executive Team
VIZSLA SILVER STRENGTHENS TECHNICAL
EXECUTIVE TEAM
VANCOUVER, BC
,
May 5, 2022
/CNW/ -
Vizsla Silver Corp.
(TSXV: VZLA) (NYSE: VZLA)
(
Frankfurt
: 0G3) ("
Vizsla
" or the "
Company
") is pleased to announce the appointment of
Martin
Dupuis
as Chief Operating Officer and
Jesus Velador
as Vice President of Exploration for the
Company. Martin will focus on the development of the
Panuco
silver-gold Project, while Jesus will
lead and manage the Company's exploration efforts in
Mexico
.
Mr. Dupuis has over 25 years of experience covering all stages of a project's life, from exploration
through feasibility and engineering studies, construction, mine expansion and operations. Mr. Dupuis
recently served as Vizsla's Vice President of Technical Services, where he was instrumental in the
oversight and delivery of the Company's maiden resource estimate. Prior to joining Vizsla, Mr.
Dupuis was Director of Geology for Pan American Silver, Technical Services Manager for
Aurico
Gold
, and Chief Geologist at several other operations.
Martin is a registered P.Geo with Engineers and Geoscientists,
British Columbia
and holds an MBA
from
Simon Fraser University
,
Beedie School
of Business.
Dr. Velador has more than 20 years of experience in precious metals exploration, specializing in
epithermal systems. Recently, he worked with Fortuna Silver Mines Inc., where he managed
brownfields exploration programs in
Mexico
and
Peru
. Dr. Velador previously served as Director of
Exploration for First Majestic Silver Corp., where he managed the exploration team that discovered
the silver and gold deposit at Ermitaño, located adjacent to the company's
Santa Elena
mine in
Sonora, Mexico
. Dr. Velador started his career working for Industrias Peñoles where his work was
instrumental in the discovery of the Valdecañas Vein at the Juanicipio project, a
Fresnillo
– MAG
Silver joint venture.
Jesus earned a B.Sc. from the University of Chihuahua, a M.Sc from the
University of Texas at El
Paso
and a Ph.D (Epithermal deposits) from the
New Mexico Institute of Mining and Technology
.
"As we continue to advance the Panuco Project from exploration towards the development stage,
we are pleased to add key individuals with specialized skill sets to complement our dynamic and
highly experienced team,"
commented
Michael Konnert
, President and CEO.
"Martin will lead the
Company's technical group, supervising the preparation of the Preliminary Economic Assessment.
In parallel, Jesus will lead the exploration team in ongoing resource expansion and regional
exploration drilling for an updated resource estimate planned for Q4 of this year. We are excited to
promote Martin to the role of COO and have Jesus join the Company as VP Exploration as we
continue to grow the resource base in the district and transition Vizsla into the industry's next tier 1
silver developer."
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 140,000 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.
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 exploration, development, and
production at
Panuco
, including plans for resource/discovery-based drilling, designed to upgrade,
and expand the maiden resource as well as test other high priority targets across the district.
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; no escalation in the severity of the COVID-19 pandemic;
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; 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 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:
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 05-MAY-22