Becoming the World’s Largest Silver Producer with Michael Konnert of Vizsla Silver
In this insightful interview, Michael A. Konnert, President and CEO of Vizsla Silver Corp. (TSXV: VZLA) (NYSE: VZLA) (Frankfurt: 0G3), provides an overview of the company’s flagship Panuco silver-gold project in Mexico. Konnert outlines Vizsla’s strategic approach to the Panuco project, which involves consolidating a historic mining district under single ownership, applying modern exploration techniques to make significant new discoveries, and aiming to become the world’s largest single-asset silver producer. This ambitious goal underscores the project’s potential scale and Vizsla’s confidence in its development.
Highlighting the project’s economic potential, Konnert discusses the impressive preliminary economic assessment (PEA) results, including a remarkably short 9-month payback period and an exceptional 87% internal rate of return (IRR). These figures suggest a highly profitable project with rapid capital recovery.
Konnert then outlines Vizsla’s near-term milestones, including the commencement of a test mine in late 2024, ongoing submission of necessary permits, publication of a feasibility study in the second half of 2025, and a target for the first silver pour in 2027. This clear timeline provides investors with a roadmap for the project’s development and potential value inflection points.
The interview also touches on broader market factors, with Konnert expressing optimism about silver prices and noting the mining-friendly environment in Mexico under the new administration.
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