Eduardo Luna Takes Up Top Position at Vizsla Silver as Lead Director
In a significant move for Vizsla Silver Corp., Eduardo Luna has been appointed as Lead Director of the Board and CEO, effective from November 2023. Luna, a respected mining leader with a career spanning four decades, has guided world-class companies such as Goldcorp, Wheaton River, and Primero Mining.
Luna's extensive experience will be instrumental as Vizsla Silver continues to advance its Panuco Project, an emerging high-grade discovery located in southern Sinaloa, Mexico. The Panuco Project contains intermediate to low sulfidation epithermal silver and gold deposits.
In January 2025, Vizsla Silver announced an updated mineral resource estimate for Panuco, with an estimated in-situ combined measured and indicated mineral resource of 222.4 Moz AgEq.
Jesus Velador, Ph.D. MMSA QP, Vice President of Exploration, has reviewed and approved the technical and scientific content of Vizsla Silver's news release. Any decision to proceed to construction or commercial production will only be made following completion of a feasibility study that demonstrates economic and technical viability in accordance with NI 43-101.
Vizsla Silver has granted 1,550,000 performance-based restricted share units to certain officers, employees, and consultants, reflecting the company's commitment to management and employee performance and alignment.
It is important to note that the mining industry is subject to various risks. Factors such as changes in project parameters, risks inherent in mineral exploration and development, availability and cost of financing, labor and contractors, fluctuations in silver price today and broader macroeconomic conditions, and climate-related risks are factors that could cause actual results to differ materially from those implied or expressed by these forward-looking statements.
The Company does not intend, and does not assume any obligation, to update these forward-looking statements, except as required by applicable laws. Vizsla Silver's most recent Annual Information Form, Form 40-F and Management's Discussion and Analysis contain additional risk factors.
Luna is also on the Board of Directors at Coeur Mining and serves as the Chairman of the Board of Directors at Rochester Resources, further demonstrating his commitment to the mining industry. As Vizsla Silver moves forward with the Panuco Project, Luna's leadership will undoubtedly play a crucial role in the company's strategy to position itself as a leading silver company.
No production decision has been made for Panuco at this time. The Company will continue to evaluate the feasibility and potential development of the project, with the ultimate goal of creating value for its shareholders.
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