Vizsla Silver Expands with Acquisition of Santa Fe Project

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

Vizsla Silver Corp. has announced the acquisition of the Santa Fe Project, which includes a producing mine and exploration concessions located south of its Panuco project. This acquisition, involving a combination of cash and shares, enhances Vizsla Silver’s production capabilities with an operating 350 tpd mill and extensive exploration potential, as only 12% of the property has been explored. This strategic move is expected to significantly boost the company’s production profile and exploration opportunities, aligning with its goal to deliver a feasibility study for Panuco and achieve first silver production by 2027.

The most recent analyst rating on (TSE:VZLA) stock is a Buy with a C$4.75 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. operates in the mining industry, focusing on the exploration and production of silver and gold. The company is primarily engaged in developing its flagship Panuco project in western Mexico, situated along the Sinaloa Silver Belt, a region known for its rich mineral deposits.

Average Trading Volume: 604,164

Technical Sentiment Signal: Buy

Current Market Cap: C$959.9M

See more insights into VZLA stock on TipRanks’ Stock Analysis page.