Vizsla Silver Buys Fresnillo Claims to Expand Panuco Footprint

Vizsla Silver ( (TSE:VZLA) ) has issued an announcement.

On December 18, 2025, Vizsla Silver announced an agreement to acquire ten mining claims totaling 2,378 hectares from Minera Fresnillo, a subsidiary of Fresnillo plc, along the silver-gold-rich Panuco–San Dimas corridor in Mexico. Seven of these, described as strategic claims, span 1,734 hectares adjacent to and partially surrounding Vizsla’s flagship Panuco project, covering highly prospective ground and potential extensions of known mineralized veins that have seen past production and are tied to structures included in the recent feasibility study. Under the December 17, 2025 asset purchase agreement, Vizsla will pay US$2 million in cash and issue 854,697 common shares to Fresnillo, with the new ground set to be integrated into ongoing LiDAR surveying, mapping and sampling programs, potentially expanding the company’s resource base and enhancing future mine plans and economics at Panuco.

The most recent analyst rating on (TSE:VZLA) stock is a Buy with a C$9.00 price target. To see the full list of analyst forecasts on Vizsla Silver stock, see the TSE:VZLA Stock Forecast page.

More about Vizsla Silver

Vizsla Silver Corp. is a Vancouver-based Canadian mineral exploration and development company focused on its 100%-owned Panuco silver-gold project in Sinaloa, Mexico. Targeting a leading position in the silver sector, the company is advancing Panuco through a dual-track strategy of mine development and ongoing district-scale exploration, underpinned by a November 2025 feasibility study outlining 17.4 million silver-equivalent ounces of annual production over an initial 9.4-year mine life and robust project economics.

Average Trading Volume: 862,069

Technical Sentiment Signal: Buy

Current Market Cap: C$2.47B

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