Vizsla Silver (TSX: VZLA) provided what it framed as an update on the situation in Concordia, Mexico, but the key development was the confirmation that two additional families had been told their loved one was deceased, taking the number of confirmed deaths from at least five previously identified workers to at least seven out of the ten colleagues taken from the company’s project site in late January. Three colleagues remain missing.
Vizsla said it has been focused on supporting the families of the ten colleagues taken from its Concordia project site, as well as employees affected by what it described as pain, grief, and uncertainty. The company did not disclose the identities of the two newly confirmed deceased workers, the timing of those confirmations beyond “in recent days,” or any change in the number of survivors.
Ten workers were taken, according to Vizsla’s initial statement. By February 9, the company said a number of the missing had been found deceased, while external reporting said at least three had been identified by relatives.
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CEO Michael Konnert said the company remained focused on supporting affected families and its team, while continued efforts to locate those still missing proceed. The company also said it is fully cooperating with Mexican authorities as search efforts and the broader investigation continue.
The statement added no new operational, production, or asset-level metrics for the Panuco project. Instead, management emphasized security posture, saying the safety and security of employees, contractors, and community members remains its highest priority and that security protocols are being reviewed and strengthened in close coordination with local authorities.
Earlier reporting tied the January abduction to a broader security breakdown in Sinaloa.
Vizsla Silver last traded at $5.58 on the TSX, down over 2% on the day.
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