VIZSLA SILVER TO RESTART LIMITED OPERATIONS AT PANUCO
Vizsla Silver (NYSE: VZLA) has announced the resumption of operations at its Panuco silver-gold project. The restart focuses on progressing work on a test mine and advancing towards a feasibility study. The company's Chief Operating Officer, Simon Cmrlec, has led a detailed investigation at the site of a previous accident, which remains temporarily closed.
The company has implemented new safety measures, including comprehensive work site inspections before restart and complete re-induction of employees and contractors. Exploration activities at Panuco are expected to resume within the next week.
Vizsla Silver (NYSE: VZLA) ha annunciato la ripresa delle operazioni presso il suo progetto argento-oro Panuco. Il rilancio si concentra sul proseguimento dei lavori in una miniera di prova e sull'avanzamento verso uno studio di fattibilità. Il direttore operativo dell'azienda, Simon Cmrlec, ha condotto un'indagine dettagliata nel sito di un precedente incidente, che rimane temporaneamente chiuso.
L'azienda ha implementato nuove misure di sicurezza, tra cui ispezioni complete del sito di lavoro prima della ripartenza e una re-induzione totale di dipendenti e appaltatori. Le attività di esplorazione a Panuco sono previste riprendere entro la prossima settimana.
Vizsla Silver (NYSE: VZLA) ha anunciado la reanudación de las operaciones en su proyecto de plata-oro Panuco. El reinicio se centra en avanzar en los trabajos de una mina de prueba y avanzar hacia un estudio de factibilidad. El Director de Operaciones de la empresa, Simon Cmrlec, ha liderado una investigación detallada en el lugar de un accidente previo, que permanece cerrado temporalmente.
La empresa ha implementado nuevas medidas de seguridad, incluidas inspecciones exhaustivas del sitio de trabajo antes del reinicio y una reinducción completa de empleados y contratistas. Se espera que las actividades de exploración en Panuco se reanuden dentro de la próxima semana.
Vizsla Silver (NYSE: VZLA)는 파누코 은-금 프로젝트에서 운영을 재개한다고 발표했습니다. 이번 재시작은 시험 광산 작업을 진행하고 타당성 조사로 나아가는 데 중점을 둡니다. 회사의 COO인 Simon Cmrlec는 이전 사고 현장에서 상세 조사를 이끌었으며, 해당 장소는 현재 임시 폐쇄 상태입니다.
회사는 재개 시작 전에 작업 현장에 대한 포괄적인 조사와 직원 및 계약자에 대한 전면적인 재유도 등 새로운 안전 조치를 시행했습니다. 파누코에서의 탐사 활동은 다음 주 내에 재개될 것으로 예상됩니다.
Vizsla Silver (NYSE: VZLA) a annoncé la reprise des opérations sur son projet d'argent-or Panuco. Le redémarrage se concentre sur la progression des travaux d'une mine d'essai et l'avancement vers une étude de faisabilité. Le Directeur des opérations de l'entreprise, Simon Cmrlec, a dirigé une enquête détaillée sur le site d'un accident antérieur, qui reste temporairement fermé.
L'entreprise a mis en place de nouvelles mesures de sécurité, notamment des inspections complètes du site de travail avant la reprise et une réintégration complète des employés et des sous-traitants. Les activités d'exploration à Panuco devraient reprendre dans la semaine prochaine.
Vizsla Silver (NYSE: VZLA) hat die Wiederaufnahme der Aktivitäten in seinem Panuco Silber-Gold-Projekt angekündigt. Der Neustart konzentriert sich auf die Fortschritte bei einer Testmine und den Übergang zu einer Machbarkeitsstudie. Der Chief Operating Officer des Unternehmens, Simon Cmrlec, hat eine detaillierte Untersuchung am Ort eines früheren Unfalls geleitet, der vorübergehend geschlossen bleibt.
Das Unternehmen hat neue Sicherheitsmaßnahmen implementiert, einschließlich umfassender Inspektionen des Arbeitsplatzes vor dem Neustart und einer vollständigen Wiederinduktion der Mitarbeiter und Auftragnehmer. Die Erkundungsaktivitäten in Panuco sollen voraussichtlich in der nächsten Woche wieder aufgenommen werden.
- Resumption of operations at Panuco project
- Progress towards feasibility study continues
- Implementation of enhanced safety protocols
- Part of the site remains shut down due to previous accident
- Operations currently , not at full capacity
Insights
The resumption of operations at Panuco following a safety incident represents a cautious and measured approach to restart. The focus on test mining and feasibility study work, rather than full operations, indicates a strategic pivot to de-risk the project while addressing safety protocols. The temporary shutdown and phased restart approach, while prudent from a safety perspective, will likely impact the project's timeline and could delay key developmental milestones.
The implementation of comprehensive site inspections and employee re-induction programs suggests significant operational changes that could strengthen safety standards but may also increase operational costs in the near term. The planned resumption of exploration activities within a week points to manageable incident implications, though investors should monitor the execution of the new safety protocols and any potential impact on the project's development schedule.
For a
NYSE: VZLA TSX: VZLA
Michael Konnert, President and CEO of Vizsla Silver, commented, "Our top priority is to ensure the safety and well-being of our employees and contractors as they return to work." Mr. Konnert continued, "Our team, led by our Chief Operating Officer, Simon Cmrlec, has been working diligently to complete a detailed investigation at the site of the accident which remains shut down for the time being. We have implemented an action plan which includes a comprehensive inspection of work sites prior to each being restarted as well as a full re-induction of our employees and contractors."
The Company expects to resume exploration activities at Panuco within the next week.
Michael Konnert, President and Chief Executive Officer
Tel: (604) 364-2215
Email: info@vizslasilver.ca
Website: www.vizslasilvercorp.ca
SPECIAL NOTE REGARDING FORWARD LOOKING STATEMENTS
This news release includes certain "Forward–Looking Statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and "forward–looking information" under applicable Canadian securities laws. When used in this news release, the words "anticipate", "believe", "estimate", "expect", "target", "plan", "forecast", "may", "would", "could", "schedule" and similar words or expressions, identify forward–looking statements or information. These forward–looking statements or information relate to, among other things: progressing work towards a test mine and to advance a feasibility study; and the expected resumption of exploration activities.
Forward–looking statements and forward–looking information relating to any future mineral production, liquidity, enhanced value and capital markets profile of Vizsla Silver, future growth potential for Vizsla Silver and its business, and future exploration plans are based on management's reasonable assumptions, estimates, expectations, analyses and opinions, which are based on management's experience and perception of trends, current conditions and expected developments, and other factors that management believes are relevant and reasonable in the circumstances, but which may prove to be incorrect. Assumptions have been made regarding, among other things, the price of silver, gold, and other metals; costs of exploration and development; the estimated costs of development of exploration projects; Vizsla Silver's ability to operate in a safe and effective manner and its ability to obtain financing on reasonable terms.
These statements reflect Vizsla Silver's respective current views with respect to future events and are necessarily based upon a number of other assumptions and estimates that, while considered reasonable by management, are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies. Many factors, both known and unknown, could cause actual results, performance, or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward–looking statements or forward-looking information and Vizsla Silver has made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation: the Company's dependence on one mineral project; precious metals price volatility; risks associated with the conduct of the Company's mining activities in
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SOURCE Vizsla Silver Corp.
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