Vizsla Silver Awards Key Contracts to Advance Panuco Project
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1 hour ago
0mins
Should l Buy VZLA?
Source: PRnewswire
- Contract Award: Vizsla Silver Corp. has awarded the Engineering, Procurement, and Construction Management (EPCM) contract to M3 Engineering, valued at approximately $170 million, marking a significant advancement in its Panuco silver-gold project and expected to accelerate design and construction efforts.
- Mine Design Partnership: The company has entered into a mine design contract with Mining Plus, covering around $50 million in development capital, which is anticipated to enhance production readiness over the next two years, thereby increasing the project's commercial viability.
- Project Progress: Since completing the Panuco Feasibility Study in November 2025, Vizsla Silver has collaborated closely with M3 Engineering to ensure the project advances according to the disclosed timelines, bolstering the company's competitive edge in silver mining development.
- Strategic Objectives: Vizsla Silver aims to implement a dual-track development strategy at Panuco, advancing mine development while conducting district-scale exploration to achieve long-term growth and enhance shareholder value.
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Analyst Views on VZLA
Wall Street analysts forecast VZLA stock price to rise
4 Analyst Rating
4 Buy
0 Hold
0 Sell
Strong Buy
Current: 3.330
Low
3.95
Averages
6.10
High
7.00
Current: 3.330
Low
3.95
Averages
6.10
High
7.00
About VZLA
Vizsla Silver Corp. is a Canada-based mineral exploration and development company. The Company is focused on advancing its flagship, 100%-owned Panuco silver-gold project located in Sinaloa, Mexico. The Panuco silver-gold project is an emerging high-grade discovery located in southern Sinaloa, Mexico, near the city of Mazatlan. The 7,189.5-hectare, past producing district benefits from over 86 kilometers (km) of total vein extent, 35 km of underground mines, roads, power, and permits. The district contains intermediate to low sulfidation epithermal silver and gold deposits related to siliceous volcanism and crustal extension in the Oligocene and Miocene. The Company also owns the past-producing La Garra-Metates district (the La Garra) situated in the heart of the silver-gold-rich Panuco - San Dimas corridor.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Vizsla Silver Awards EPCM and Mine Design Contracts for Panuco Project
- EPCM Contract Award: Vizsla Silver has awarded the EPCM contract to M3 Engineering, covering approximately $170 million for the process plant and surface infrastructure, marking a significant step forward for the Panuco Project and expected to enhance development efficiency and safety.
- Mine Design Partnership: The company has entered into a mine design contract with Mining Plus, involving around $50 million in development capital, which will support mine planning and scheduling over the next two years, further advancing the Panuco Project towards commercialization.
- Project Progress Timeline: Vizsla plans to award the mining contract in Q2 2026 and commence mining operations upon receipt of the MIA permit, implementing a two-year infill drilling program to support stockpiling ahead of production, ensuring timely project delivery.
- Feasibility Study Results: The feasibility study completed in November 2025 indicates an annual production of 17.4 million ounces of silver equivalent for the Panuco Project, with an after-tax NPV of $1.8 billion and an IRR of 111%, laying a solid foundation for the company's future growth.
See More
Vizsla Silver Awards Key Contracts to Advance Panuco Project
- Contract Award: Vizsla Silver Corp. has awarded the Engineering, Procurement, and Construction Management (EPCM) contract to M3 Engineering, valued at approximately $170 million, marking a significant advancement in its Panuco silver-gold project and expected to accelerate design and construction efforts.
- Mine Design Partnership: The company has entered into a mine design contract with Mining Plus, covering around $50 million in development capital, which is anticipated to enhance production readiness over the next two years, thereby increasing the project's commercial viability.
- Project Progress: Since completing the Panuco Feasibility Study in November 2025, Vizsla Silver has collaborated closely with M3 Engineering to ensure the project advances according to the disclosed timelines, bolstering the company's competitive edge in silver mining development.
- Strategic Objectives: Vizsla Silver aims to implement a dual-track development strategy at Panuco, advancing mine development while conducting district-scale exploration to achieve long-term growth and enhance shareholder value.
See More
Vizsla Silver Advances Panuco Project with Key Contracts
- EPCM Contract Awarded: Vizsla Silver has awarded the EPCM contract to M3 Engineering, valued at approximately $170 million, aimed at advancing detailed design and construction planning for the Panuco silver-gold project, thereby accelerating project progress and enhancing market competitiveness.
- Mining Design Collaboration: The company has signed a mining design contract with Mining Plus, covering about $50 million in development capital, expected to support mine planning and scheduling over the next two years, ensuring the project enters production on schedule.
- Transparent Project Progress: Vizsla Silver reports that key development activities are progressing according to the established timeline, ensuring timely commencement of mining operations upon receipt of the MIA permit, which further boosts investor confidence.
- Long-term Strategic Positioning: The company is committed to a dual-track development strategy, advancing both the mine development of the Panuco project and conducting district-scale exploration to capture future market growth opportunities, thereby enhancing its leadership position in the silver industry.
See More
Vizsla Silver Corp. Announces Tragic Update
- Tragic Confirmation: Vizsla Silver Corp. has confirmed that nine colleagues have died in the incident in Concordia, with one colleague still missing, highlighting the severe security situation in the region, which poses significant risks to the company's reputation and employee morale.
- Commitment to Support: CEO Michael Konnert stated that the company will continue to support affected families while honoring their colleagues through ongoing commitments to community values, reflecting the company's dedication to employee welfare and social responsibility.
- Uncertain Future Outlook: The company plans to closely cooperate with Mexican authorities to assess security and risk management measures, and while operations are currently suspended, it aims to resume site activities when conditions permit, demonstrating a cautious optimism about future developments.
- Ongoing Investment Commitment: Vizsla Silver reaffirms its commitment to the long-term responsible development of the Panuco Project and plans to continue investing in the Concordia community, aiming to enhance its social impact and sustainable development capabilities in the region.
See More
Vizsla Silver Confirms Nine Colleagues Deceased in Concordia Incident
- Tragic Confirmation: Vizsla Silver has confirmed the death of nine colleagues in Concordia, while maintaining close contact with the family of one missing colleague, demonstrating the company's deep concern and support for its employees and their families.
- Management Statement: CEO Michael Konnert expressed that this outcome is heartbreaking and committed to continuing support for affected families, while honoring colleagues' contributions in daily work, reflecting the company's sense of responsibility towards its staff.
- Commitment to Cooperation: Vizsla Silver pledges to continue cooperating with Mexican authorities to assess and implement safety and risk management measures, ensuring the safety of employees and contractors, which highlights the company's focus on future operations.
- Uncertain Future Outlook: The company will evaluate the timing and conditions for resuming site activities based on the progress of investigations and security conditions, indicating a cautious approach in an uncertain environment.
See More
Vizsla Silver Updates on Concordia Incident
- Tragic Confirmation: Vizsla Silver has confirmed that nine colleagues have died in the Concordia incident, with one colleague still missing, and the company continues to support authorities in their ongoing investigation into this devastating outcome.
- Leadership Statement: CEO Michael Konnert expressed heartfelt condolences to the affected families and committed to ongoing support, emphasizing the company's dedication to honoring lost colleagues through their daily work and community responsibility.
- Uncertain Future Outlook: The company noted that future operations and safety measures require assessment; while management remains cautiously optimistic about resuming site activities, the stabilization of security conditions remains a significant unknown factor.
- Commitment to Ongoing Support: Vizsla Silver thanked stakeholders for their support during this difficult time and pledged to continue investing in the Concordia community, ensuring a commitment to responsible development in future project endeavors.
See More
Vizsla Silver Awards EPCM and Mine Design Contracts for Panuco Project
- EPCM Contract Award: Vizsla Silver has awarded the EPCM contract to M3 Engineering, covering approximately $170 million for the process plant and surface infrastructure, marking a significant step forward for the Panuco Project and expected to enhance development efficiency and safety.
- Mine Design Partnership: The company has entered into a mine design contract with Mining Plus, involving around $50 million in development capital, which will support mine planning and scheduling over the next two years, further advancing the Panuco Project towards commercialization.
- Project Progress Timeline: Vizsla plans to award the mining contract in Q2 2026 and commence mining operations upon receipt of the MIA permit, implementing a two-year infill drilling program to support stockpiling ahead of production, ensuring timely project delivery.
- Feasibility Study Results: The feasibility study completed in November 2025 indicates an annual production of 17.4 million ounces of silver equivalent for the Panuco Project, with an after-tax NPV of $1.8 billion and an IRR of 111%, laying a solid foundation for the company's future growth.
See More
Vizsla Silver Awards Key Contracts to Advance Panuco Project
- Contract Award: Vizsla Silver Corp. has awarded the Engineering, Procurement, and Construction Management (EPCM) contract to M3 Engineering, valued at approximately $170 million, marking a significant advancement in its Panuco silver-gold project and expected to accelerate design and construction efforts.
- Mine Design Partnership: The company has entered into a mine design contract with Mining Plus, covering around $50 million in development capital, which is anticipated to enhance production readiness over the next two years, thereby increasing the project's commercial viability.
- Project Progress: Since completing the Panuco Feasibility Study in November 2025, Vizsla Silver has collaborated closely with M3 Engineering to ensure the project advances according to the disclosed timelines, bolstering the company's competitive edge in silver mining development.
- Strategic Objectives: Vizsla Silver aims to implement a dual-track development strategy at Panuco, advancing mine development while conducting district-scale exploration to achieve long-term growth and enhance shareholder value.
See More
Vizsla Silver Advances Panuco Project with Key Contracts
- EPCM Contract Awarded: Vizsla Silver has awarded the EPCM contract to M3 Engineering, valued at approximately $170 million, aimed at advancing detailed design and construction planning for the Panuco silver-gold project, thereby accelerating project progress and enhancing market competitiveness.
- Mining Design Collaboration: The company has signed a mining design contract with Mining Plus, covering about $50 million in development capital, expected to support mine planning and scheduling over the next two years, ensuring the project enters production on schedule.
- Transparent Project Progress: Vizsla Silver reports that key development activities are progressing according to the established timeline, ensuring timely commencement of mining operations upon receipt of the MIA permit, which further boosts investor confidence.
- Long-term Strategic Positioning: The company is committed to a dual-track development strategy, advancing both the mine development of the Panuco project and conducting district-scale exploration to capture future market growth opportunities, thereby enhancing its leadership position in the silver industry.
See More
Vizsla Silver Corp. Announces Tragic Update
- Tragic Confirmation: Vizsla Silver Corp. has confirmed that nine colleagues have died in the incident in Concordia, with one colleague still missing, highlighting the severe security situation in the region, which poses significant risks to the company's reputation and employee morale.
- Commitment to Support: CEO Michael Konnert stated that the company will continue to support affected families while honoring their colleagues through ongoing commitments to community values, reflecting the company's dedication to employee welfare and social responsibility.
- Uncertain Future Outlook: The company plans to closely cooperate with Mexican authorities to assess security and risk management measures, and while operations are currently suspended, it aims to resume site activities when conditions permit, demonstrating a cautious optimism about future developments.
- Ongoing Investment Commitment: Vizsla Silver reaffirms its commitment to the long-term responsible development of the Panuco Project and plans to continue investing in the Concordia community, aiming to enhance its social impact and sustainable development capabilities in the region.
See More
Vizsla Silver Confirms Nine Colleagues Deceased in Concordia Incident
- Tragic Confirmation: Vizsla Silver has confirmed the death of nine colleagues in Concordia, while maintaining close contact with the family of one missing colleague, demonstrating the company's deep concern and support for its employees and their families.
- Management Statement: CEO Michael Konnert expressed that this outcome is heartbreaking and committed to continuing support for affected families, while honoring colleagues' contributions in daily work, reflecting the company's sense of responsibility towards its staff.
- Commitment to Cooperation: Vizsla Silver pledges to continue cooperating with Mexican authorities to assess and implement safety and risk management measures, ensuring the safety of employees and contractors, which highlights the company's focus on future operations.
- Uncertain Future Outlook: The company will evaluate the timing and conditions for resuming site activities based on the progress of investigations and security conditions, indicating a cautious approach in an uncertain environment.
See More
Vizsla Silver Updates on Concordia Incident
- Tragic Confirmation: Vizsla Silver has confirmed that nine colleagues have died in the Concordia incident, with one colleague still missing, and the company continues to support authorities in their ongoing investigation into this devastating outcome.
- Leadership Statement: CEO Michael Konnert expressed heartfelt condolences to the affected families and committed to ongoing support, emphasizing the company's dedication to honoring lost colleagues through their daily work and community responsibility.
- Uncertain Future Outlook: The company noted that future operations and safety measures require assessment; while management remains cautiously optimistic about resuming site activities, the stabilization of security conditions remains a significant unknown factor.
- Commitment to Ongoing Support: Vizsla Silver thanked stakeholders for their support during this difficult time and pledged to continue investing in the Concordia community, ensuring a commitment to responsible development in future project endeavors.
See More
