Vizsla Silver Corp. (TSX-V: VZLA) (NYSE: VZLA) (Frankfurt: 0G3) (“Vizsla” or the “Company“) is pleased to announce continued progression on its environmental, social and governance (“ESG“) initiatives through a newly formed partnership with MetaVu and Blockhead Technologies who are creating a bespoke ESG reporting platform for all Inventa Capital companies. Vizsla Silver will be the first of the Inventa Capital companies to utilize the platform which is being designed to augment and enhance Vizsla’s commitment to maintaining the highest standards of environmental stewardship, social responsibility and good governance practices. The ESG platform deployment for Vizsla is a step towards achieving Inventa Capital’s vision for Net Zero Mining through full scale integration of ESG performance throughout the mining asset lifecycle.
“Since day one, Vizsla has been committed to making ESG best practices a priority in everything we do,” stated Michael Konnert, CEO of Vizsla Silver. “Our newly formed partnership with leading industry experts MetaVu and Blockhead demonstrates our dedication to enhance and formalize our ESG practices which will put us on track to releasing Vizsla’s first Sustainability Report in the first half of 2023.”
Vizsla Silver is committed to responsible mining through:
- Being trustworthy stewards of the local environment through mitigation of environmental impacts and seeking innovative solutions to leave the environment better than we found it;
- Operating with accountability and transparency, including ongoing engagement with surrounding communities (“Ejidos“) and other stakeholders;
- Supporting initiatives to provide long-term benefits to the surrounding Ejidos including well-paying employment opportunities, local infrastructure improvements, education opportunities and community enhancement initiatives; and,
- Providing a safe, respectful, and healthy work environment for all of our employees.
Vizsla is proud to report its exemplary safety record at the Panuco Project, achieving no lost time incidents for a period of 560 consecutive days, consisting of 833 thousand work hours completed.
“This outstanding record demonstrates the importance that is placed on safety at the Panuco project,” commented Craig Parry, Chairman of Vizsla Silver. “Not only does it reflect the Company’s commitment to providing a safe work environment for our employees, but also demonstrates the incredible commitment to safety best practices by each and every one of the people that go to work at the Panuco Project. On behalf of the Board, I would like to commend the entire team on their tremendous dedication to making the work place a safe place every day.”
In August, Vizsla’s Mexican subsidiary, Minera CANAM, was awarded the Socially Responsible Company Distinction (ESR). The Socially Responsible Company Distinction is Mexico’s highest corporate social responsibility recognition, awarded jointly by the Mexican Center for Philanthropy (CEMEFI) and the Foundation for Sustainability and Equity (ALIARSE). It is given to companies that are leaders in their sector for their commitment to integrating social and environmental values into their operations.
Through its commitment to transparent and continuous engagement, Vizsla has fostered strong relationships with the local Ejido communities. To date, Vizsla has signed 30-year exploitation agreements with three of the five local Ejidos, for the purpose of developing and extracting mineral resources at Panuco and with the goal of leaving a long-term positive legacy. Vizsla recognizes the importance of building a strong social license with surrounding communities and other stakeholders. The Company seeks to hire locally whenever possible, and ~70% of Vizsla’s current on-site workforce is comprised of members from the local community.
At the Project, resource drilling continues with six drill rigs centered on expanding/upgrading maiden resources at Copala and Napoleon, while exploration drilling (three rigs) remains focused on testing high-priority satellite zones across the district. Vizsla has now completed 100,000 metres of new drilling since the March 2022 MRE, all of which will feed into a resource update by the end of Q4 2022.
The Company will be attending key investor conferences in the fall in order to meet with current shareholders and prospective investors to update them on the progress being made at Panuco, including:
- Precious Metals Summit, Beaver Creek, Colorado (September 12-16)
- Denver Gold Forum, Colorado Springs, Colorado (September 18-21)
- New Orleans Investment Conference (October 12-16)
- Deutsche Goldmesse, Frankfurt (November 18-19)
- 121 London (November 22-23)
Please reach out to Liz Monger at [email protected] should you wish to schedule a meeting with the Company at any of the conferences.
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