Vizsla Silver Updates on Concordia Incident
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 12 2026
0mins
Should l Buy VZLA?
Vizsla Silver provided a further update on the situation in Concordia and the steps it is taking to support the affected families and its colleagues. The company confirms that five colleagues remain unaccounted for. Vizsla Silver remains focused on supporting affected families and staying engaged with the relevant authorities as efforts continue. Vizsla Silver is in direct contact with affected families and is providing practical and financial assistance, as well as access to support services. In addition, Vizsla Silver is supporting its Mexico and Canada-based teams with access to grief counselling and flexible work arrangements. In addition to cooperating with Mexican authorities as their investigation and search continues, the company is reviewing the circumstances surrounding recent events. The company will comment only on confirmed information as it becomes available. The company advises that work on the Panuco project continues while site operations remain suspended. Much of the near-term advancement of the Panuco project is engineering-based and can be conducted remotely. The company remains committed to developing the Panuco district over the long term and maintaining its investment in the community of Concordia.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy VZLA?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
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: 3.510
Low
3.95
Averages
6.10
High
7.00
Current: 3.510
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 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
Global Silver Mine Production Forecast to Increase by 1%
- Silver Production Forecast: Global silver mine production is projected to increase by 1% to 820 million ounces in 2026, a ten-year high driven by new project commissioning in Mexico, Canada, and Morocco, despite a persistent market deficit of 67 million ounces, indicating ongoing supply-demand tensions.
- Surge in Investment Demand: Physical investment demand is expected to surge by 20% to 227 million ounces, reaching a three-year peak, reflecting strengthened investor confidence in silver's dual monetary and industrial roles, which may help maintain prices around $80 per ounce.
- Trinity Project Progress: Americore Resources has completed a 350-kilometer drone-magnetometer survey at its Trinity silver project in Nevada, aiming to integrate historical geophysical records to build a unified structural model, with drilling expected to commence in Q2 2026.
- Resource Estimation Plans: Americore plans to elevate resources from inferred to indicated status through confirmation and expansion drilling, supporting a new mineral resource estimate, showcasing the company's long-term strategic positioning and confidence in silver mining development.
See More
Global Silver Production Forecast to Rise 1% to 820 Million Ounces
- Silver Production Forecast: Global silver mine production is projected to increase by 1% to 820 million ounces in 2026, marking a ten-year high driven by new project commissioning in Mexico, Canada, and Morocco, yet the market is expected to face a 67-million-ounce deficit, indicating ongoing supply-demand tension.
- Surge in Investment Demand: Physical investment demand is anticipated to surge by 20% to 227 million ounces, reaching a three-year peak, reflecting strengthened investor confidence in silver's dual monetary and industrial roles, which may further support silver prices.
- Trinity Project Progress: Americore Resources has completed a drone-magnetometer survey spanning 350 line-km at its Trinity Silver Project in Nevada, aiming to integrate historical geophysical records to advance the resource from inferred to indicated status, laying the groundwork for a new mineral resource estimate.
- Drilling Program Initiation: Americore has begun the permitting process for a drill program set to commence in Q2 2026, targeting confirmation and extension of historical data across both BLM land and fee land managed by the Nevada Division of Environmental Protection, aiming to validate historical data and create potential near-term revenue pathways.
See More
Vizsla Silver Corp. Provides Update on Concordia Incident
- Employee Safety Priority: Following the tragic incident at its Concordia project site in Mexico, Vizsla Silver Corp. continues to prioritize the safety and security of employees, contractors, and community members, working closely with local authorities to strengthen security protocols.
- Missing Persons Update: Currently, three colleagues remain missing, with two additional confirmations of deceased individuals, and the company's leadership emphasizes its commitment to supporting affected families during this painful time.
- Ongoing Cooperation and Support: The company pledges to continue cooperating with Mexican authorities in search and investigation efforts, providing timely updates as confirmed information becomes available to ensure transparency and accountability.
- Community Collaboration and Future Outlook: Despite the tragedy, Vizsla Silver maintains its belief in the long-term potential of the Panuco project and is dedicated to collaborating with the community and authorities to ensure a safe and responsible path forward.
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
Global Silver Mine Production Forecast to Increase by 1%
- Silver Production Forecast: Global silver mine production is projected to increase by 1% to 820 million ounces in 2026, a ten-year high driven by new project commissioning in Mexico, Canada, and Morocco, despite a persistent market deficit of 67 million ounces, indicating ongoing supply-demand tensions.
- Surge in Investment Demand: Physical investment demand is expected to surge by 20% to 227 million ounces, reaching a three-year peak, reflecting strengthened investor confidence in silver's dual monetary and industrial roles, which may help maintain prices around $80 per ounce.
- Trinity Project Progress: Americore Resources has completed a 350-kilometer drone-magnetometer survey at its Trinity silver project in Nevada, aiming to integrate historical geophysical records to build a unified structural model, with drilling expected to commence in Q2 2026.
- Resource Estimation Plans: Americore plans to elevate resources from inferred to indicated status through confirmation and expansion drilling, supporting a new mineral resource estimate, showcasing the company's long-term strategic positioning and confidence in silver mining development.
See More
Global Silver Production Forecast to Rise 1% to 820 Million Ounces
- Silver Production Forecast: Global silver mine production is projected to increase by 1% to 820 million ounces in 2026, marking a ten-year high driven by new project commissioning in Mexico, Canada, and Morocco, yet the market is expected to face a 67-million-ounce deficit, indicating ongoing supply-demand tension.
- Surge in Investment Demand: Physical investment demand is anticipated to surge by 20% to 227 million ounces, reaching a three-year peak, reflecting strengthened investor confidence in silver's dual monetary and industrial roles, which may further support silver prices.
- Trinity Project Progress: Americore Resources has completed a drone-magnetometer survey spanning 350 line-km at its Trinity Silver Project in Nevada, aiming to integrate historical geophysical records to advance the resource from inferred to indicated status, laying the groundwork for a new mineral resource estimate.
- Drilling Program Initiation: Americore has begun the permitting process for a drill program set to commence in Q2 2026, targeting confirmation and extension of historical data across both BLM land and fee land managed by the Nevada Division of Environmental Protection, aiming to validate historical data and create potential near-term revenue pathways.
See More
Vizsla Silver Corp. Provides Update on Concordia Incident
- Employee Safety Priority: Following the tragic incident at its Concordia project site in Mexico, Vizsla Silver Corp. continues to prioritize the safety and security of employees, contractors, and community members, working closely with local authorities to strengthen security protocols.
- Missing Persons Update: Currently, three colleagues remain missing, with two additional confirmations of deceased individuals, and the company's leadership emphasizes its commitment to supporting affected families during this painful time.
- Ongoing Cooperation and Support: The company pledges to continue cooperating with Mexican authorities in search and investigation efforts, providing timely updates as confirmed information becomes available to ensure transparency and accountability.
- Community Collaboration and Future Outlook: Despite the tragedy, Vizsla Silver maintains its belief in the long-term potential of the Panuco project and is dedicated to collaborating with the community and authorities to ensure a safe and responsible path forward.
See More
