VIZSLA SILVER ANNOUNCES RELEASE OF ITS THIRD ANNUAL SUSTAINABILITY REPORT
Rhea-AI Summary
Vizsla Silver (NYSE: VZLA) has released its third annual Sustainability Report, showcasing its commitment to sustainable mining practices and community engagement. The company has invested over US$600,000 in local community initiatives over the past three years, with US$205,300 invested in the latest period.
Key achievements include the cultivation of 5,000 native trees from 19 different species for future restoration, rehabilitation of legacy tailing storage facilities, and renewal of the ESR (Social Responsibility) distinction for the fourth consecutive year. The company has also strengthened its ESG reporting framework and partnered with Venados de Mazatlán baseball team for community well-being initiatives.
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News Market Reaction
On the day this news was published, VZLA gained 4.00%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
NYSE: VZLA TSX: VZLA
"Our commitment to sustainability comes from our core values which guide everything we do at Vizsla Silver. This year's report highlights the collective efforts of our team who are all working towards a shared vision of a greener future," said Michael Konnert, President and CEO. "We are incredibly proud of our progress, and our focus remains on driving innovation, reducing our environmental impact, and creating positive change for future generations. We are excited to take steps towards our concept of Regenerative Mining this coming year. Over the last three years, the Company has invested over
The Report provides detailed insights into Vizsla Silver's performance and initiatives across three key pillars of sustainability – environmental stewardship, social responsibility, and ethical governance, including:
Environmental:
- Maintained voluntary efforts to rehabilitate two aging tailing storage facilities from legacy operations
- Cultivated approximately 5,000 native trees, accounting from 19 different species that will serve in future restoration activities
Social:
- Partnered with the
Venados de Mazatlán baseball team, which aims to create positive community impact in Mazatlán through well-being initiatives - Invested
US in community well-being, bringing the cumulative total investment to over$205,300 US $600,000
Governance
- Strengthened the Company's environmental, social and governance ("ESG")reporting framework and updated ESG goals
- Initiated the process of updating the Company's Social Impact Assessment
The Report was prepared with reference to the IFRS Foundation International Sustainability Standards Board (ISSB) SASB Metals and Mining 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 Report, please visit www.vizslasilvercorp.ca.
About the Panuco Project
The newly consolidated
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 6, 2025, the Company announced an updated mineral resource estimate for
About Vizsla Silver
Vizsla Silver is a Canadian mineral exploration and development company headquartered in
Technical Disclosure
In accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects ("NI 43-101"), Jesus Velador, Ph.D. MMSA QP, Vice President of Exploration, is the Qualified Person for the Company and has reviewed and approved the technical and scientific content of this news release.
No production decision has been made for
Website: www.vizslasilvercorp.ca
SPECIAL NOTE REGARDING FORWARD LOOKING STATEMENTS
Certain statements contained in this news release constitute "forward-looking statements" or "forward-looking information" under applicable Canadian securities laws and the United States Private Securities Litigation Reform Act of 1995 (collectively, "forward-looking statements"). These statements relate to future events or the Company's future performance, business prospects, or opportunities, and are based on forecasts of future results, estimates of amounts not yet determinable and assumptions of management made in light of management's experience, historical trends, current conditions, and expected future developments. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as "seek", "anticipate", "plan", "continue", "estimate", "expect", "may", "will", "project", "predict", "forecast", "potential", "target", "intend", "could", "might", "should", "believe" and similar expressions) are not statements of historical fact and may be forward-looking statements.
Forward-looking statements in this news release include, but are not limited to: the anticipated advancement of the Panuco Project through feasibility and potential development; the timing and results of exploration, drilling and metallurgical testing; projected production levels, recovery rates, mine life and project economics; expectations regarding capital and operating cost estimates; the Company's ability to obtain required permits, licenses and approvals; the availability of financing and completion of potential funding arrangements; management and employee performance and alignment through incentive grants; and the Company's ESG initiatives and goals, including sustainability strategy, community investments, and environmental impact reduction efforts. Forward-looking statements are included to provide investors and stakeholders with information regarding management's current expectations and plans, and may not be appropriate for other purposes.
All forward-looking statements contained in this news release represent the Company's views as of the date hereof and are necessarily based on a number of assumptions 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 those expressed or implied by such forward-looking statements. Such factors include, without limitation: changes in project parameters as plans continue to be refined; risks inherent in mineral exploration and development; availability and cost of financing, labour and contractors; fluctuations in commodity prices, foreign exchange rates and costs of inputs; variations in grade, recovery rates or production performance; delays or failures to obtain required permits and approvals; political, regulatory or social risks in
Although the Company 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 as anticipated, estimated or intended. The Company does not undertake any obligation to update these forward-looking statements, except as required by applicable laws. Actual results may differ materially from those expressed or implied by such forward-looking statements.
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SOURCE Vizsla Silver Corp.