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Vizsla Silver Awards Panuco project Equipment Supply Agreement to FLSmidth

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Vizsla Silver (VZLA.TO) said Tuesday that it has awarded the equipment supply agreement for its Panuco project in Mexico to FLSmidth.

The agreement includes engineering and supply of major process plant equipment covering the entire proposed process flowsheet in the 2025 feasibility study. Engineering work is starting immediately and a formal "Notice to Proceed" is expected in the coming months to initiate equipment manufacturing, Vizsla said.

"The award of this major equipment package to FLS represents a key procurement milestone for the Panuco Project," said Simon Cmrlec, chief operating officer of Vizsla Silver. "We are pleased to be working with the FLS team who has provided us with a technically robust equipment package for the Project which supports both the initial Phase 1 plant design and future Phase 2 expansion plans while remaining in line with the process plant capital budget outlined in the Feasibility Study."

Vizsla Silver shares closed up $0.09, to $5.09 on Monday on the Toronto Stock Exchange.

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