Vizsla Silver Resumes Drilling At Panuco Project

Vizsla Silver Corp. (TSXV: VZLA) announced this morning that it has restarted drilling activities at its flagship Panuco project in Mexico. This follows after the company suspended on-site work at the property due to the increase of COVID-19 risk in the local vicinity.

The firm is resuming work at the property earlier than the previously announced phased restart planned for September 1st. “Following a steady decline in active case counts in the area surrounding the project and a thorough review of current state and federal government data, the company has decided to resume exploration activities earlier than previously stated,” said Vizsla Silver President and CEO Michael Konnert in a statement.

The Panuco project is located within Mexico’s Sinaloa state. After achieving the only red code in the country’s pandemic traffic light, the state has been downgraded to a yellow code on August 23, 2021.

The company bared its phased-out plan to resume work on the property starting with two rigs in the Napoleon resource area and minimal on-site staff today. It expects to add four more rigs by August 30 and finally return to full capacity at ten rigs by September 1.

Vizsla Silver last traded at $2.23 on the TSX Venture.


Information for this briefing was found via Sedar and Vizsla Silver. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Goliath Resources Hits 10.60 g/t Gold Over 22.82 Metres, Highest Grade Results In Third Distinct Rock Package At Surebet Discovery

Four Countries Control the Fertilizer That Feeds the World | Sage Potash

$10,000 Gold Is Just A Question of Time | Florian Grummes

Recommended

Antimony Resources Drills 5.27% Sb Over 4.95 Metres In Latest Results

Nord Precious Metals Identifies 29 Veins At Castle East Following 3D Modeling

Related News

Vizsla Silver Makes New Discovery At Panuco Following Drill Testing

Vizsla Silver (TSX: VZLA) is reporting that it has made a new discovery at its...

Monday, March 31, 2025, 08:25:57 AM

Vizsla Silver Sees Resource Estimate Grow To 155.8 Million Ounces Of Indicated Silver Equivalent

Vizsla Silver (TSXV: VZLA) is reporting this morning a sizeable increase to its mineral resource...

Monday, January 8, 2024, 07:55:08 AM

Vizsla Copper Closes Spin-Out From Vizsla Silver, Receives Conditional Approval For TSX Venture Listing

Vizsla Copper Corp. is ready to set its own course as it announced Monday night...

Tuesday, September 21, 2021, 09:41:00 AM

Vizsla Silver Hits 2,461 g/t Silver, 13.16 g/t Gold Over 2.65 Metres At Panuco

Vizsla Silver (TSXV: VZLA) has reportedly intersected a new vein at the northern end of...

Thursday, May 19, 2022, 09:03:18 AM

Vizsla Silver Suspends Drilling At Panuco Project For Two Weeks

Vizsla Silver Corp. (TSXV: VZLA) announced Monday night that it has decided to suspend drilling...

Tuesday, July 27, 2021, 07:35:35 AM