Vizsla Silver’s Commitment to Sustainable Practices
Vizsla Silver Corp. is thrilled to announce that its subsidiary, Minera CANAM, has been honored with the Socially Responsible Company Distinction for the third consecutive year. This impressive recognition highlights the company's dedication to integrating social and environmental values into its daily operations.
A Prestigious Distinction in Mexico
This accolade, which represents the pinnacle of corporate social responsibility in Mexico, is awarded by the Mexican Center for Philanthropy and the Foundation for Sustainability and Equity. Since 2022, Minera CANAM has emerged as a leader in its sector, committed to sustainable mining practices that benefit local communities and protect the environment.
Leadership Commentary on Achievements
Michael Konnert, President & CEO of Vizsla Silver, expressed great pride in the team’s efforts, stating, "I am extremely proud of all Vizsla employees and contractors working at the Panuco Project. Since 2019, when work began, the company has committed to responsible mining practices that prioritize environmental stewardship and community support." This commitment includes maintaining a safe, healthy, and respectful working environment.
Dedication to Health and Safety
In addition to the Socially Responsible Company Distinction, Minera CANAM has also achieved the Safe and Healthy Work Environments Distinction. This voluntary program encourages companies to enhance the health, safety, and well-being of their employees, contributing to productivity and quality at work.
Implementing a World-Class Safety Program
The success of this safety initiative is a result of unwavering support across all levels of management and a commitment to fostering buy-in from employees, partner companies, and stakeholders alike. The company acknowledges the health and safety department for establishing and executing a world-class safety program that reflects their dedication to employee welfare.
Insight into the Panuco Project
The Panuco silver-gold project is a newly consolidated, high-grade mining site located in a historically productive district. Spanning over 17,856.5 hectares, this site previously yielded significant production and boasts essential infrastructure like roads, power supplies, and permits necessary for effective operation.
Geological Highlights of Panuco
The district features a combination of silver and gold deposits linked to geological processes that occurred during the Oligocene and Miocene epochs. With over 86 kilometers of veins and 35 kilometers of underground mines, the project showcases a promising geological environment that is conducive to mining.
Recent Mineral Resource Estimates
In an announcement earlier this year, the company revealed an updated mineral resource estimate for the Panuco project, highlighting its rich potential. The report indicated significant in-situ resources, with an estimated 155.8 million ounces of silver equivalent (AgEq) classified as inferred resources.
About Vizsla Silver Corp.
As a Canadian mineral exploration and development company, Vizsla Silver is orchestrated to advance its flagship Panuco project. Strategically headquartered in Vancouver, BC, the company aims to establish itself as a leader in the silver industry through innovative and responsible mining practices. Recently, Vizsla completed a Preliminary Economic Study for Panuco indicating lucrative long-term returns and solid operational sustainability.
A Dual Approach for Growth
Vizsla Silver utilizes a dual track development strategy, focusing on mine advancement while simultaneously exploring the expansive district surrounding the Panuco site. This approach aims to deliver substantial returns while promoting sustainable mining practices amid the challenges of environmental stewardship.
FAQs about Vizsla Silver's Commitment
What is the Socially Responsible Company Distinction?
The Socially Responsible Company Distinction is a recognition awarded to companies in Mexico that demonstrate outstanding commitment to social and environmental responsibilities.
How has Vizsla Silver shown its commitment to health and safety?
Vizsla Silver has introduced a world-class safety program, with the health and safety department leading initiatives to ensure a healthy and secure working environment for all employees.
What is the significance of the Panuco Project?
The Panuco Project represents a high-grade silver-gold mining opportunity with an extensive history of production and promising geological features conducive to valuable resource extraction.
How does Vizsla Silver ensure community support?
The company engages actively with community stakeholders, fostering initiatives that promote long-term benefits and support for local Ejidos.
What are the company’s future plans for the Panuco Project?
Vizsla Silver plans to enhance resource discovery and expand the current operations while maintaining a commitment to sustainable practices that respect the environment and local communities.