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

When 4% of Global Copper Disappears Overnight | David Gower – Emerita Resources

Mining M&A: Gold X2 Acquires Kesselrun Resources

They Said Oil Was Dead. They Were Wrong. | Michael Judson – Record Resources

Recommended

Military Seizes Power in Madagascar After President Flees

Altamira Gold Hits 395.5 Metres Of 0.4 g/t Gold At Maria Bonita

Related News

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

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:...

Friday, August 2, 2024, 03:19:00 PM

Vizsla Silver Lists On The New York Stock Exchange

Vizsla Silver Corp (TSXV: VZLA) is headed to the big board. The US big boards...

Wednesday, January 19, 2022, 07:47:39 AM

Vizsla Silver Hits 901 g/t Silver, 3.25 g/t Gold Over 3.84 Metres

Vizsla Silver (TSXV: VZLA) this morning reported the latest drill results from its flagship Panuco...

Wednesday, November 3, 2021, 07:57:45 AM

Vizsla Silver Enters Option Agreement To Acquire Santa Fe Project With Small Scale Operating Mine

Vizsla Silver (TSX: VZLA) is expanding its land holdings within Mexico, announcing this morning that...

Thursday, May 15, 2025, 08:51:41 AM