NYSE: VZLA TSX:
VZLA
VANCOUVER, BC, Jan. 20,
2025 /PRNewswire/ - Vizsla Silver Corp.
(NYSE: VZLA) (TSX: VZLA) (Frankfurt: 0G3) ("Vizsla Silver" or the
"Company") announces that it has resumed limited operations
at its Panuco silver-gold project (the "Project" or
"Panuco") to progress work on a test mine and to advance
towards a feasibility study.
Michael Konnert, President and
CEO of Vizsla Silver, commented, "Our top priority is to ensure
the safety and well-being of our employees and contractors as they
return to work." Mr. Konnert continued, "Our team, led by
our Chief Operating Officer, Simon
Cmrlec, has been working diligently to complete a detailed
investigation at the site of the accident which remains shut down
for the time being. We have implemented an action plan which
includes a comprehensive inspection of work sites prior to each
being restarted as well as a full re-induction of our employees and
contractors."
The Company expects to resume exploration activities at Panuco
within the next week.
Michael Konnert, President
and Chief Executive Officer
Tel: (604) 364-2215
Email: info@vizslasilver.ca
Website: www.vizslasilvercorp.ca
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: progressing work towards
a test mine and to advance a feasibility study; and the expected
resumption of exploration activities.
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; 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; 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.
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SOURCE Vizsla Silver Corp.
