Asset Quality And ProductionPanuco property boasts an expected production profile of 15.2Mozpa AgEq, which would make it one of the larger underground silver mines globally.
Financing And Cash PositionThe financing brings the company's cash position to ~$200M, placing VZLA in a strong position to fund the $224M capex to construct Panuco while continuing its exploration program.
Project AdvancementThe project is advancing to plan with a feasibility study expected by year-end.