Vizsla Silver Corp

Financials:

Primary ticker: TSXV:VZLA, NYSE:VZLA
Stage of development: Exploration, Development
Primary minerals: Silver
Project to promote: Panuco Silver-Gold Project
Project location: Vancouver
Website: vizslasilvercorp.ca

With a team of experienced natural resource professionals, Vizsla Silver Corp. (TSX-V: VZLA, NYSE: VZLA) is focused on advancing its flagship, 100%-owned Panuco silver-gold project located in Sinaloa, Mexico. To date, Vizsla has completed over 140,000 metres of drilling at Panuco leading to the discovery of several new high-grade veins. For 2022, Vizsla has budgeted +120,000 metres of resource/discovery-based drilling, designed to upgrade, and expand the maiden resource as well as test other high priority targets across the district.


Cash:
CAD$28M

Debt: Nil

Major shareholders:
Craig Parry 6.06%
Franklin Resources Inc 5.15%
Franklin Advisers Inc 3.74%
Eric Sprott 3.54%
Michael Konnert 1.58%
Management Ownership – 16%

Management Profile

Michael Konnert, President & CEO

Michael is a mining entrepreneur experienced in deal-making, financing, and corporate strategy. He is co-founder and Managing Director of Inventa Capital, a leading natural resource investor and incubator with companies worldwide, focusing on the global shift in energy systems. He is the founder and CEO of Vizsla Silver Corp. (NYSE-A: VZLA) which is developing the newly consolidated Panuco-Copala district, one of Mexico’s highest-grade silver and gold districts. Previously, Michael co-founded CobaltOne Energy Corp, a cobalt exploration company he led as CEO and sold to Blackstone Minerals (ASX: BSX) in 2017. Mr. Konnert is a director of Vida Carbon Corp, Vizsla Copper (TSX-V: VCU), and Summa Silver (TSX-V: SSVR).

What is your rationale for taking part 121 Mining Investment?

Looking to connect with Institutional and Family office investors

What recent news would you like to highlight to investors attending?

14 April 2022 – Vizsla Silver Announces New Discovery Along the Animas Vein Corridor at Panuco
29 March, 2022 – Vizsla Silver Expands Napoleon Vein to 2,500 Metres Long and Over 500 Metres Below Surface at Panuco
17 March, 2022 – Vizsla Silver Discovers New Vein Within the Napoleon Corridor Intersecting 1,169 g/t AGEQ over 3.2 Metres at Panuco
1- March, 2022 – Vizsla Silver Intersects 2,142 g/t ageq Over 7.81 Meters at Recently Discovered Copala Vein
1 March, 2022 – Vizsla Silver Restates Maiden Resource Estimate For Panuco Silver-Gold Project

What are your key goals for the next 3, 6 and 12 months?

3 Months:

Conduct property wide geophysical surveys in Q2 2022

 

6 Months: 

Deliver updated project resource in Q4 2022
 

12 Months:

Ongoing discovery potential from the +120,000m fully funded 2022 drill program

What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?

The biggest challenge Vizsla is currently facing relates to global macroeconomic themes and broader market trends. Vizsla remains committed to becoming the industry’s next tier 1 silver developer, and as such, continues to aggressively advance the Panuco district through resource expansion/discovery-based drilling, engineering trade-offs, and initial scoping studies.

What do you think makes your company such a compelling investment?

The newly consolidated Panuco silver-gold project represents one of the highest-grade silver primary discoveries in the world. Led by a management team experienced in exploration, development, permitting, operations and capital markets. With +120,000 m of resource and discovery-based drilling planned for 2022 with 13 rigs Vizsla Silver provides multiple avenues to re-rate. Targeting Q4 for the Panuco resource update, with optionality to expedite production via existing, permitted on-site milling infrastructure. Well financed with $28M cash and zero debt.

What are the top 3 key investor takeaways?

+120,000m of fully funded resource/discovery-based drilling planned for 2022 with 13 drill rigs and an updated Panuco resource in Q4 2022
Significant discovery potential – 33 out of 117 identified targets have been drilled by Vizsla Silver
Expedited pathway to production – Existing and permitted operating infrastructure at Panuco allows for near-term production potential.