'It's a huge opportunity to move very rapidly' - Vizsla Silver
Brownfield projects have distinct advantages, said Vizsla Silver CEO Michael Konnert.
On Friday Konnert recorded Kitco Roundtable.
Vizsla Silver (TSX-V: VZLA, NYSE: VZLA) is advancing its flagship, 100%-owned Panuco silver-gold project located in Sinaloa, Mexico. The company said it has completed over 140,000 metres of drilling at Panuco leading to the discovery of several new high-grade veins. Vizsla is budgeting another 120,000 meters drilling in 2022 as it advances towards production.
"It's such an opportune platform to move into production simply because of the excellent infrastructure. We even have a past-producing mill and tailings," said Konnert. "Everything that you would need is on the property."
"Some mines take ten years to move into production or 20 years you to get through permitting. What have you is a past producing district with all that infrastructure, so it's a it's a huge opportunity for us to to move very rapidly."