Vizsla Silver Corp. (TSX: VZLA) (NYSE: VZLA) (Frankfurt: 0G3) has awarded key contracts to advance its Panuco silver-gold project in Sinaloa, Mexico, according to reporting by Abdul Rahman for Insider Monkey. The company selected M3 Engineering for engineering, procurement and construction management services, and Mining Plus for mine design and development work tied to the project's pre-production phase. Shares of Vizsla Silver have climbed more than 60% over the past year as investors monitor progress at the high-grade asset.
The appointments mark another milestone in advancing the Panuco project, which a November 2025 feasibility study projected could produce an average of 17.4 million ounces of silver equivalent annually over at least nine years. The study outlined an after-tax net present value (5%) of US$1.8 billion, a 111% internal rate of return, and a seven-month payback period at US$35.50 per ounce of silver and US$3,100 per ounce of gold.
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Vizsla Silver is a Canadian development company advancing Panuco, its 100%-owned silver-gold project in Sinaloa, Mexico. The company is concurrently advancing mine development and district-scale exploration with the objective of becoming a leading primary silver producer.
For more information regarding the company, visit https://vizslasilvercorp.com/.
This article has been disseminated on behalf of Vizsla Silver Corp. and may include paid advertising.
