Vizsla Silver Guides For A September Panuco Pro... May 2026

: The project is considered fully funded , supported by over US$450 million in cash and a US$300 million convertible senior notes offering closed in late 2025.

: In April 2026 , Vizsla awarded an EPCM contract to M3 Engineering and a mine design contract to Mining Plus . Vizsla Silver guides for a September Panuco pro...

: Published in November 2025 , the FS optimized the project further, projecting: 17.4 million ounces average annual AgEq production. An exceptionally fast 7-month after-tax payback period. An after-tax NPV (5%) of US$1.8 billion and 111% IRR . 2026 Outlook and Construction Readiness : The project is considered fully funded ,

: The company anticipates receiving the MIA environmental permit in mid-2026, which is required to make a formal construction decision. An exceptionally fast 7-month after-tax payback period

Vizsla Silver reached several critical milestones for its flagship in late 2024 and 2025, transitioning the asset from advanced exploration toward construction readiness. Key Project Milestones (2024–2025)