Welcome to our dedicated page for Vizsla Silver news (Ticker: VZLA), a resource for investors and traders seeking the latest updates and insights on Vizsla Silver stock.
Vizsla Silver Corp (VZLA) is a mineral exploration company advancing its Panuco silver-gold project in Sinaloa, Mexico through systematic drilling and technical analysis. This page aggregates official news releases and verified updates about the company’s exploration activities, resource developments, and operational milestones.
Investors and industry observers will find timely updates on infill drilling results, mineral resource estimates, and geological assessments. All content is sourced directly from the company to ensure accuracy, with a focus on technical disclosures that meet NI 43-101 standards and certified laboratory analysis.
Key updates include progress reports on high-grade vein discoveries, resource classification upgrades, exploration strategy adjustments, and leadership insights. The curated collection serves as a reliable reference for understanding the company’s evolving resource base and exploration methodology.
Bookmark this page for streamlined access to Vizsla Silver’s latest developments. Check back regularly for new press releases detailing drilling outcomes, project expansions, and strategic initiatives in one of Mexico’s most prospective mining districts.
On June 19, 2024, Vizsla Silver announced that the Supreme Court of British Columbia approved its plan of arrangement with Vizsla Royalties Corp. Under this arrangement, shareholders will receive one new Vizsla Silver share, one-third of a Vizsla Royalties common share, and one-third of a Vizsla Royalties share purchase warrant for each Vizsla Silver share held. This arrangement will result in Vizsla Royalties no longer being a wholly-owned subsidiary of Vizsla Silver. The closing of the arrangement is expected on June 24, 2024.
Vizsla Silver Corp. (NYSE: VZLA, TSX-V: VZLA, Frankfurt: 0G3) announced that shareholders approved the plan of arrangement with Vizsla Royalties Corp. at a special meeting. Shareholders will receive one-third of a common share and one-third of a common share purchase warrant of Spinco for each Vizsla Silver share held. 43.69% of the outstanding shares were present, and the arrangement was approved by 85.03% of the votes. The Spinco share option plan was also approved by 69.16% of votes. The company will seek a final order from the Supreme Court of British Columbia on June 19, 2024. Shareholders of record on June 21, 2024, will receive Spinco securities.
Vizsla Silver Corp has announced promising results from 12 new drill holes in its 100%-owned Panuco silver-gold project in Mexico.
Key highlights include:
- Drill hole CS-24-354 returned 1,503 g/t silver equivalent (AgEq) over 13.00m true width (TW), including 6,229 g/t AgEq over 1.40m TW.
- CS-24-344 returned 1,363 g/t AgEq over 8.70m TW.
- CS-24-352 returned 2,872 g/t AgEq over 5.00m TW.
- CS-24-347 returned 2,440 g/t AgEq over 6.00m TW.
The drilling confirms high-grade silver and gold mineralization continuity at Copala, essential for a Preliminary Economic Assessment planned for early Q3 2024.
Copala currently hosts indicated resources of 83.3 Moz AgEq at 573 g/t AgEq and inferred resources of 48.3 Moz AgEq at 476 g/t AgEq.
Additionally, Vizsla granted 6,050,000 stock options and 775,000 restricted share units to its directors, officers, employees, and consultants, subject to TSX Venture Exchange and NYSE American approval.
Vizsla Silver Corp. (NYSE: VZLA, TSXV: VZLA) has announced key dates and details for the potential spinout of Vizsla Royalties Corp. If approved at the Special Meeting on June 17, 2024, the final court order will be sought on June 24, 2024. Shareholders of record on June 21, 2024, will receive one-third of a Spinco Share and one-third of a Spinco Warrant for each Vizsla Silver Share held. Spinco Warrants will allow purchasing Spinco Shares at $0.05 until the earlier of 120 days post-listing on TSXV or December 31, 2025. Vizsla Silver shareholders will own approximately 45% of Spinco post-arrangement. Spinco aims to list shares and warrants on TSXV and will undertake several post-closing steps, including a $3.5M loan from Vizsla Silver and a $3M private placement.
Vizsla Silver Corp. (NYSE: VZLA, TSX-V: VZLA) has announced a special shareholder meeting on June 17, 2024, to approve the spinout of Vizsla Royalties Corp. (Spinco). Shareholders will receive one-third of a Spinco share and one-third of a Spinco warrant per Vizsla Silver share, with the warrant exercisable at $0.05 until December 31, 2025. Approval requires two-thirds of the shareholder votes. If approved, the spinout is expected to close by June 24, 2024.
Post-Arrangement, Vizsla shareholders will hold 45% of Spinco, while Vizsla retains 55%. Spinco has applied for TSXV listing, subject to fulfilling listing requirements. Post-closing steps include loan settlements, an additional $3.5M loan from Vizsla, Spinco’s buyback rights, a $3M private placement, and a 1-for-10 share consolidation.
Vizsla Silver Corp. (NYSE: VZLA) reported results from 16 new drillholes targeting the Napoleon Vein at its Panuco silver-gold project in Mexico. Highlights include several high-grade silver and gold intercepts, such as 2,561 g/t AgEq over 2.40 meters in hole NP-24-431 and 4,533 g/t AgEq over 1.30 meters in hole NP-24-429. The ongoing 30,000-meter drill program aims to expand and convert resources. Drilling has shown excellent continuity, expanding known high-grade zones, and revealing new mineralized areas like the El Molino Vein. These results are expected to support resource conversion as Vizsla prepares for a preliminary economic assessment in early Q3.
Vizsla Silver Corp. reported additional high-grade intercepts at the La Luisa Vein in its Panuco project in Mexico. The results from six new drillholes demonstrated continuity of high-grade mineralization, with impressive grades of silver, gold, lead, and zinc. The ongoing exploration campaign aims to expand and convert near-surface mineralization at La Luisa. The company plans to test potential feeder zones soon and refine the project ahead of the maiden project PEA in Q3 2024.
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