Vizsla Silver – Recapping the $60 Million Bought Deal Financing, and New Discoveries at the Panuco Project
Michael Konnert, President and CEO of Vizsla Resource (TSX.V: VZLA – OTCQB:VIZSF) joins us to recap the Company objectives for the $60 Million bought deal financing announced May 26, 2021. We focus on the exploration and development of the Company’s district size Panuco Project in Sinola, Mexico. In addition, Mike discusses some of the recent success using EM geophysics to generate new exploration targets and how its discovered the new Josephine vein. The focus moving forward is not only expansion of existing resources, but also new discoveries across the extensive land package.
If you have any follow up questions for the team at Vizsla Silver then please email us at Fleck@kereport.com or Shad@kerport.com.
Click here for a summary of the recent news out of Vizsla Silver.
Added this morning. Vizsla now my second largest by dollar. In addition to the exploration successes, stockholders will vote on or before June 15 to spin out BC property that holds the Blueberry Project and the Caruthers Pass Option. If stockholders pass the option, then Vizsla will submit it to the Court on June 18 for final order. Vizsla is moving on and looking good to me. Make sure you personally check them out to see what you think. Anyway…looks like progress.
Had a disappearing post, but the spinout appears to be copper oriented. May be a duplicate.
Yes, they’re spinning out Vizsla Copper, which is very well-timed for the move higher that Dr Copper had made. Should be a nice value add for Vizsla Silver shareholders as well.
I’m very keen to see how the exploration work that VZLA is preparing for goes, as they’ve had great results thus far, not just at their Napoleon vein, but at a few of the surrounding veins.
120 Year Chart Shows Copper Price Supercycle Only Starting
Frik Els – Mining.com – June 2, 2021
“With the demand picture going from rosy to crimson, the bulls have seized upon long-standing issues around copper supply to buttress their arguments.”
“Falling ore grades (G&R has a convincing argument that porphyries, responsible for 80% of global supply, are nearing a reserves cliff), decades of underinvestment in exploration and development, and the vexing role of scrap have underpinned price expectations for a long time.”
“To these factors, add the spectre of an unfavourable investment environment – to put it mildly – in Chile under a new constitution and left-leaning government. Goldman says some 1 million tonnes of future supply from the country could be in danger.”
“In Peru, the lurch leftward could make Chile’s proposed 75% royalty rates at today’s copper price look market friendly. If the frontrunner in presidential elections promises not to nationalize mines but would rather negotiate, you know how far the goalposts have shifted.”
https://www.mining.com/120-year-chart-shows-copper-price-supercycle-only-starting/
Chile Confident It Can Pare Back Copper Tax Bill
Bloomberg Markets: The Close – June 2nd, 2021
“Chile’s government is “pretty confident” of paring back a copper tax bill in order to stay competitive with other major producers, according to Juan Carlos Jobe, the country’s mining and energy minister.”
speaking of Silver and Copper…
(SVM) Silvercorp Metals Intersects Vein T15W2 With 1.74 Metres True Width Grading 3,911 Grams per Tonne Silver, 6.22% Lead, 2.11% Zinc and 0.55% Copper at the TLP Mine, Ying Mining District, China
June 1, 2021
Pretty huge financing. Hope they stay disciplined. VP Expl. Charles Funk seems very solid. CEO not as crisp.
Yes, the Technical Direct, Charles Funk is very solid indeed, and he is also the CEO of Heliostar Metals. I believe he’s also the one that humorously named the newly discovered vein as Josephine, as it was nearby Napoleon. (Joséphine Bonaparte was the Empress of the French as the first wife of Emperor Napoleon I.)
Mike Konnert, the CEO of Vizsla is very sharp and crisp, and has done at excellent job at the help of VZLA, along with his partner at Inventa Capital and Vizsla Chairman, Craig Parry. They are the successful team behind other solid companies like Gold Bull, Tarachi Gold, and Outback Goldfields.
Direct = Director
help = helm (as in, Mike has done an excellent job at the helm of VZLA…)
I agree that Mike Konnert has done an excellent jib with the progress of Vizsla. Looking for more success.
+1
All these typos and mistakes, you guys must be using Huawei phones.
Vizsla Silver: https://postimg.cc/kVNr7mgk
Possible downside, per general PM markets.
Navy Hash Line: 50% (Moderate downturn.)
Red Hash Line: 78.6% (Deeper decline.)
(Based upon current range. Lime: ATHBO.)
Ron Paul. Bitcoin. How about that!
THREE GOOD NEWS STORIES ON GOLD………. JUNE BUGS……..
https://marketsanity.com/jason-burack-3-very-bullish-news-stories-for-gold-in-just-the-last-few-days/