Vizsla Silver (NYSE: VZLA) appoints new secretary as Panuco advances

Rhea-AI Filing Summary

Vizsla Silver Corp. has appointed Susy Horna as Corporate Secretary, replacing Jen Hanson effective immediately. Management thanks Hanson for her years of service and highlights Horna’s extensive legal and governance experience with mining and energy companies in the Americas.

The company is focused on its 100%-owned Panuco silver-gold project in Sinaloa, Mexico. A Feasibility Study completed in November 2025 outlined 17.4 Moz AgEq of annual production over an initial 9.4-year mine life, an after-tax NPV(5%) of US$1.8B, 111% IRR and a 7-month payback at US$35.50/oz silver and US$3,100/oz gold. Vizsla notes it has not yet made a production decision for Panuco and will only proceed after detailed engineering, financing and permitting are in place.

Key Figures

Planned annual production: 17.4 Moz AgEq Initial mine life: 9.4 years After-tax NPV(5%): US$1.8B +4 more

7 metrics

Planned annual production 17.4 Moz AgEq Annual production from Panuco Feasibility Study

Initial mine life 9.4 years Mine life in Panuco Feasibility Study

After-tax NPV(5%) US$1.8B Net present value from Panuco Feasibility Study

Internal rate of return 111% IRR from Panuco Feasibility Study

Payback period 7 months Capital payback for Panuco at stated prices

Silver price assumption US$35.50/oz Ag Price assumption used in Feasibility Study

Gold price assumption US$3,100/oz Au Price assumption used in Feasibility Study

Key Terms

Feasibility Study, after-tax NPV(5%), IRR, payback, +2 more

6 terms

Feasibility Study financial

"The Company recently completed a Feasibility Study for Panuco in November 2025"

A feasibility study is an assessment that evaluates whether a proposed project or idea is practical and likely to succeed before investing significant time and resources. It considers factors like costs, potential benefits, and challenges, helping stakeholders decide if moving forward makes sense. Think of it as a detailed plan that gauges if a new venture is worth pursuing.

after-tax NPV(5%) financial

"an after-tax NPV(5%) of US$1.8B"

IRR financial

"111% IRR and a 7-month payback"

IRR (Internal Rate of Return) is the annualized percentage return an investment is expected to produce based on its projected series of cash outflows and inflows; mathematically, it’s the rate that makes the present value of those cash flows balance to zero. Investors use IRR to compare and rank projects or investments—similar to comparing the interest rates on savings accounts—to judge which offers the best return for the time and risk involved.

payback financial

"111% IRR and a 7-month payback at US$35.50/oz Ag"

Payback is the time it takes for an investment or project to generate enough cash to recover the initial outlay—think of it as how long until the money you put in is paid back to you. Investors use payback to assess how quickly they get their capital back and how much short‑term risk they face; a faster payback reduces exposure to uncertainty but does not indicate total profit over the life of the investment.

forward-looking statements regulatory

"SPECIAL NOTE REGARDING FORWARD LOOKING STATEMENTS Forward-looking statements in this release include"

Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.

No Production Decision regulatory

"No Production Decision: The Company has not made a production decision for the Panuco Project."

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FAQ

What did Vizsla Silver (VZLA) announce in this Form 6-K?

Vizsla Silver announced that Susy Horna has become Corporate Secretary, replacing Jen Hanson effective immediately. The company thanked Hanson for her contributions and emphasized Horna’s significant governance and legal experience in the mining and energy sectors.

Who is Susy Horna, the new Corporate Secretary of Vizsla Silver (VZLA)?

Susy Horna is a veteran mining executive with legal and governance expertise. She previously worked at First Majestic Silver Corp., Gatos Silver, Inc., multiple Augusta Group companies, and held paralegal roles in LNG, shipping and resource companies.

What is Vizsla Silver’s flagship Panuco project mentioned in the filing?

The Panuco silver-gold project in Sinaloa, Mexico is Vizsla Silver’s 100%-owned flagship asset. A Feasibility Study completed in November 2025 outlines planned underground mining with significant projected silver-equivalent output and strong economic metrics.

What key Feasibility Study metrics are disclosed for Panuco by Vizsla Silver (VZLA)?

The Feasibility Study highlights 17.4 Moz AgEq in annual production over a 9.4-year mine life, an after-tax NPV(5%) of US$1.8B, an IRR of 111%, and a 7-month payback at specified silver and gold prices.

Has Vizsla Silver (VZLA) made a production decision for the Panuco project?

No, Vizsla Silver states it has not made a production decision for Panuco. A decision to proceed with construction will follow completion of detailed engineering, financing arrangements, and receipt of all required permits and approvals.

What risks and uncertainties does Vizsla Silver highlight for the Panuco project?

Vizsla Silver notes risks including exploration, development and operating risks, permitting and environmental issues, commodity price volatility, inflation, financing and liquidity constraints, and the possibility that Feasibility Study assumptions or technical models prove inaccurate.

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

OF THE SECURITIES EXCHANGE ACT OF 1934

For the month of May 2026

Commission File Number: 001-41225

VIZSLA SILVER CORP.

(Registrant)

Suite 1723, 595 Burrard Street

Vancouver, BC V7X 1J1 Canada

(Address of Principal Executive Offices)

Indicate by check mark whether the Registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F  ☐            Form 40-F  ☒

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

				VIZSLA SILVER CORP.
				(Registrant)
Date: May 12, 2026				By		/s/ Michael Konnert
						Michael Konnert
						Chief Executive Officer

EXHIBIT INDEX

Exhibit		Description of Exhibit
99.1		News Release dated May 12, 2026 - Vizsla Silver Announces Change of Corporate Secretary

EXHIBIT 99.1

  

Vizsla Silver Announces Change of Corporate Secretary

NYSE: VZLA     TSX: VZLA

VANCOUVER, BC, May 12, 2026 /CNW/ - Vizsla Silver Corp. (TSX: VZLA) (NYSE: VZLA) (Frankfurt: 0G3) ("Vizsla Silver" or the "Company") today announced that Susy Horna will assume the role of Corporate Secretary, replacing Jen Hanson, effective immediately.

"We would like to thank Jen Hanson for the professionalism, experience and wisdom she has brought to Vizsla Silver over the past several years," commented Michael Konnert, CEO. "Jen has been instrumental in Vizsla Silver's success, and we wish her all the best in her future endeavours. Additionally, we welcome Susy Horna, a veteran mining executive with significant experience supporting Mexican silver companies, to the team."

Originally from Peru, Susy brings several years of professional experience in the legal aspects of the mining, oil and gas and shipping industries. Prior to joining Vizsla Silver, Susy served as Manager, Corporate Records and Governance for First Majestic Silver Corp., and prior to the acquisition by First Majestic Silver Corp. as Corporate Secretary of Gatos Silver, Inc. Susy has also served as Corporate Secretary for various public and private companies within the Augusta Group of Companies, and as paralegal for Pacific Northwest LNG, Seaspan Corporation and Southwestern Resources Corp.

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. The Company recently completed a Feasibility Study for Panuco in November 2025 which highlights 17.4 Moz AgEq of annual production over an initial 9.4-year mine life, an after-tax NPV(5%) of US$1.8B, 111% IRR and a 7-month payback at US$35.50/oz Ag and US$3,100/oz Au. Vizsla Silver aims to position itself as a leading silver company by implementing a dual track development approach at Panuco, advancing mine development while continuing district-scale exploration through low-cost means. 

Website: www.vizslasilvercorp.ca

SPECIAL NOTE REGARDING FORWARD LOOKING STATEMENTS

Forward-looking statements in this release include, but are not limited to, statements regarding: the Company's objectives and milestones; the strategic vision for the Company following the proposed development of the Panuco Project and expectations regarding future financial or operating performance following such development; the Company's ability to advance the Panuco Project toward production; and the Company's long-term growth strategy, including its ability to enhance shareholder value through continued exploration success, project development and operational execution.

Forward-looking statements are based on a number of assumptions believed to be reasonable by the Company as of the date of this release, including, without limitation: that required permits and approvals will be obtained in the expected timeframe; continued community and government support; stability in market, political and economic conditions; reasonable accuracy of operating and capital cost estimates; and continued favourable metal prices and exchange rates.

Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause actual results to differ materially. Such risks include, but are not limited to: exploration, development and operating risks; permitting, environmental and regulatory risks; community relations and social licence risks; commodity price and currency fluctuations; inflation and cost escalation; financing and liquidity risks; reliance on contractors and suppliers; title and surface rights risks; changes in project development and construction parameters; inaccuracies in technical or economic modelling; the risk that the Feasibility Study assumptions prove inaccurate; and other risks described in the Company's continuous disclosure filings available under its profile on SEDAR+ at www.sedarplus.ca.

There can be no assurance that the Panuco Project will be placed into production as proposed in this news release or at all or that the results of the Feasibility Study will be realized. The purpose of the forward-looking statements is to provide information about management's current expectations and plans and may not be appropriate for other purposes. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date of this release. Except as required by applicable law, the Company undertakes no obligation to update or revise any forward-looking statements contained herein.

No Production Decision: The Company has not made a production decision for the Panuco Project. A decision to proceed with construction will only be made following the completion and review of detailed engineering, financing arrangements, and receipt of all required permits and approvals.

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SOURCE Vizsla Silver Corp.

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/May2026/12/c0630.html

%CIK: 0001796073

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: info@vizslasilver.ca

CO: Vizsla Silver Corp.

CNW 06:00e 12-MAY-26

Filing Exhibits & Attachments

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• EX-991 NEWS RELEASE DATED MAY 12, 2026 8.4 KB