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. reports developments tied to its flagship Panuco silver-gold project in Sinaloa, Mexico, where the company operates as a junior mineral exploration and development issuer. News commonly covers engineering and mine-design work, feasibility-study follow-up, exploration and resource activity, and the transition from project studies toward development planning.
Company updates also address site operations, safety and security matters in the Concordia area, cooperation with Mexican authorities, and support for employees, contractors, families, and the local community. Broader silver-sector items may reference VZLA alongside other precious-metals companies advancing projects in Mexico and North America.
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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Vizsla Silver Corp. (VZLA) announced significant results from 24 drill holes at its 100%-owned Panuco project in Mexico, particularly targeting the Copala structure. New drill results extend the high-grade mineralized footprint to 600 meters along strike and 400 meters down dip. Highlights include:
- CS-22-169: 1,030 g/t AgEq over 20.45 mTW
- CS-22-155: 900 g/t AgEq over 14.50 mTW
- CS-22-154: 1,331 g/t AgEq over 9.35 mTW
The Copala Vein continues to exceed expectations, with ongoing exploration aimed at expanding resources ahead of a planned Resource Update in Q4.