- Vizsla Silver (TSX:VZLA) reports that a landslide on January 9, 2025, reached one of its exploration drill pads, killing an employee of Bylsa Drilling S.A. de C.V., one of the company’s contractors at its Panuco silver and gold project in Sinaloa, Mexico
- A second Bysla employee was injured in the incident and is currently in hospital in critical condition
- Vizsla Silver is a Canadian mining company focused on exploration and development in Mexico
- Vizsla Silver stock has added 67.24 per cent year-over-year and 246.43 per cent since 2020
Vizsla Silver (TSX:VZLA) reports that a landslide on January 9, 2025, reached one of its exploration drill pads, killing an employee of Bylsa Drilling S.A. de C.V., one of the company’s contractors at its Panuco silver and gold project in Sinaloa, Mexico. A second Bysla employee was injured in the incident and is currently in hospital in critical condition.
“We are deeply saddened by this tragic accident and extend our deepest condolences and support to the families,” Michael Konnert, Vizsla Silver’s president and chief executive officer, said in a statement. “We are providing all necessary assistance to the families, communities, Bylsa and our employees during this difficult time. Vizsla Silver has initiated a detailed investigation and will work closely with Bylsa and the local authorities.”
Operations at the preliminary economic assessment-stage project have been suspended during the investigation, potentially delaying planned initial silver production in the second half of 2027.
Panuco’s January 2025 mineral resource estimate details measured resources of 46.1 million ounces of silver equivalent (Moz AgEq), indicated resources of 176.3 Moz AgEq and inferred resources of 138.7 Moz AgEq.
About Vizsla Silver
Vizsla Silver is a Canadian mining company focused on exploration and development in Mexico.
Vizsla Silver stock (TSX:VZLA) is up by 0.69 per cent trading at C$2.91 per share as of 11:49 am ET. The stock has added 67.24 per cent year-over-year and 246.43 per cent since 2020.
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(Top photo of Vizsla Silver’s core shack: Vizsla Silver)
